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Metropolitan Wastewater Management Commission
<br />.COMPARATIVE STATEMENTS OF REVENUES, EXPENSES AND CHANGES IN NET ASSETS
<br /> For the years ended June 30,
<br /> 2005 2004
<br />Operating revenues:
<br />Sewer user fees $ 15,028,237 $ 11,223,106
<br />Other operating receipts 13,262 143,080
<br />Total operating revenues 15,041,499 11,366,186
<br />Operating expenses:
<br />Operations and maintenance 8,683,637 8,673,332
<br />Administration 2,175,569 1,796,371
<br />Depreciation 4,518,480 4,855,506
<br />Total operating expenses 15,377,686 15,325,209
<br />Operating loss (336,187) (3,959,023)
<br />Non-operating revenues (expenses):
<br />Interest income
<br />Lease income
<br />Gain (loss) on disposal of assets
<br />Miscellaneous revenue
<br />Tap fees (Reimbursement System Development Charges)
<br />Tap fees (Improvement System Development Charges)
<br />Total non-operating revenues (expenses)
<br />Net income (loss)
<br />Net assets, beginning of year
<br />Net assets, end of year
<br />443,528
<br />30,725
<br />21,810
<br />21,402
<br />487,177
<br />1,521,610
<br />2,526,252
<br />2,190,065
<br />.93,824,631
<br />$ 96;014,696
<br />201,240
<br />38,104
<br />(18,921)
<br />331,108
<br />1,141,252
<br />151,235
<br />1,844,018
<br />(2,115,005)
<br />95,939,636
<br />$ 93,824,631
<br />The accompanying notes are an integral part of these statements.
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