Minneapolis Water Works Has Good Year

Issue 2 and Volume 74.

Minneapolis Water Works Has Good Year The municipal water works of Minneapolis, Minn., according to the annual report of Registrar W. R. Young, had one of its best years in 1922. A net profit of $294,118.75 was the result of the excess of receipts over expenditures. The total revenue for 1922 was $793,989.54 and total cost of operation and maintenance was $499,870.79. Principal sources of revenue during the year were from the following in the amounts named: Metered water rentals, $763,651.12; tapping permits, $13,778; penalties on turn offs, $2,617; profits on meter sales, $5,867.83; profits on meter repairs. $2,130.18; profits on curb cocks, $2,591.46; rentals for water for building purposes, inspection, thawing of pipes and rental of steam shovel contributed to the revenue item. The revenue from operation of the city-owned trolley line leading from Central Avenue to the filtration plant was $225.24. The expenses for maintaining the water department…

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