Fond du Lac Report

Fond du Lac Report

The annual report of the water department of the city of Fond du Lac, Wis., shows that this department had net proceeds amounting to $25,590.77 during the fiscal year ending July 31, 1913. The gross income of the department was $38,147.65. Deductions for interest, debts, mortgages, etc., reduced this amount to $25,590.77. Under the division of operating revenues, the report shows that the total operating revenues amounted to $65,790.71, this amount including earnings from commercial sales, industrial sales, hydrant rentals, sprinkling, etc. The operating expenses were $17,643.06, which leaves gross income $38,1 47.65. The greatest earnings for the year were from commercial sales, the total in this instance being $32,065.75. Industrial sales brought in a total of $2,169, while from municipal hydrant rental the sum of $13,688 was realized. Other revenue came from sprinkling. $3,567.02; municipal department, $3,636.52; merchandise sales, $19.25; miscellaneous earnings from operation, $357.92, etc. The report further shows that the cost of steam power at the plant for the year amounted to $8,317, while electric power totaled $5,049. The balance of the expenditure account embraced miscellaneous items, of which $1,301.95 was for distribution. The total assets of the department, according to the trial balance, which is made a part of the annual report, amount to $402,965.68, while total liabilities are listed at $377,374.91.

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