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AG19840220
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AG19840220
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Last modified
3/28/2003 9:13:52 AM
Creation date
11/27/2017 12:12:40 PM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
2/20/1984
Board
Board of Commissioners
Meeting Type
Regular
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(2). $275,550,00 produced from a tap fee of $75 for 3,67# customers (the <br /> number of customers assumed to be using the system as soon as it is fully <br /> functional). <br /> <br /> (3). As additional customers are added after the system Is functional both <br /> water sales and tap fee income will continue to grow. <br /> <br />b. Operating expenses <br /> <br /> (1). Salaries and fringe benefits (according to the budget <br /> provided Farmers Home Administration). $60,000 <br /> <br /> (la). Salaries and fringe benefit <br /> (according to county estimates). 85,000 <br /> <br /> (2). Bulk Water Purchase 15#,000 <br /> (3). Other operating expenses #9,000 <br /> (#). Debt Service 527~7#7 <br /> (5). Total yearly expenses (FmHA estimates) $790,7t~7 <br /> (Sa). Total yearly expenses (county estimates) $g15,7#7 <br /> <br />c. Operating surplus - based on income from water sales and the FmHA estimate <br /> for operating costs. $1,805 <br /> <br />d. Operating deficit - based on income from water sales and the county estimate <br /> for operating costs. $23,195 <br /> <br />e. According to county officials, the tap fee income will be used as a contingency <br /> fund in order to offset any deficits that may occur and to meet any other <br /> emergencies that might arise. <br /> <br /> 21 <br /> <br /> <br />
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