| |
|
|
|
| |
2004
|
|
2003
|
|
|
|
Operating Revenues
|
|
|
|
|
Water Sales
|
$ 11,438,878
|
|
$ 8,732,674
|
|
Wastewater Income
|
11,240,157
|
|
9,284,436
|
|
Other Fees
|
2,944,683
|
|
2,492,652
|
|
|
|
Total Operating Revenues
|
25,623,718
|
|
20,509,762
|
| |
|
|
|
|
Operating Expenses
|
|
|
|
|
Plant:
|
|
|
|
|
Distribution and Collection System
Costs
|
2,566,570
|
|
2,331,665
|
|
Plant Operating Costs
|
4,203,220
|
|
3,496,261
|
|
Engineering
|
1,518,556
|
|
1,341,050
|
|
Depreciation
|
8,476,072
|
|
7,324,469
|
|
|
|
Total Plant
|
16,764,418
|
|
14,493,445
|
| |
|
|
|
|
General and Administrative:
|
|
|
|
|
Management and Office Costs
|
1,334,814
|
|
1,143,860
|
|
Administrative and Personnel
|
2,729,681
|
|
2,305,223
|
|
|
|
Total General and Administrative
|
4,064,495
|
|
3,449,083
|
|
|
|
(Total Operating Expenses)
|
(20,828,913)
|
|
(17,942,528)
|
|
|
|
Operating Margins
|
4,794,805
|
|
2,567,234
|
|
|
| |
|
|
|
|
Other Income
|
|
|
|
|
Interest Income
|
399,777
|
|
405,378
|
|
Aid-to-New Construction Fees
|
8,175,824
|
|
7,654,528
|
|
Other Nonoperating Income
|
51,416
|
|
38,884
|
|
|
|
Total Other Income
|
8,627,017
|
|
8,098,790
|
|
|
| |
|
|
|
|
Debt Expense
|
|
|
|
|
Interest
|
5,977,209
|
|
4,849,780
|
|
Amortization, Bond Costs and Other
|
175,152
|
|
141,790
|
|
|
|
(Total Debt Expense)
|
(6,152,361)
|
|
(4,991,570)
|
|
|
| |
|
|
|
|
Net Margins
|
$ 7,629,461
|
|
$ 5,674,454
|
|
|
|
|
|
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|
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| <-Back
to annual report |
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