Laserfiche WebLink
LA PORTE AREA WATER AUTHORITY <br />Management'sDiseussion and Analysis (continued) <br />Analysis of the Water Authority's Operations — the following table provides a summary of the Water <br />Authority's operations for the year ended September 30, 2014. <br />LaPorte Area Water Authority's <br />Change in Netposition <br />Operating revenues: <br />Charges for Services <br />Total operating revenues <br />Operating expenses: <br />Supplies <br />Purchased water <br />Services and charges <br />Depreciation <br />Total operating expenses <br />Operating income (loss) <br />Nonoperating revenues (expenses) <br />Income (loss) before contributions and transfers <br />Capital contributions <br />Change in net position <br />Net Position - Beginning <br />Total Net Position - ending <br />Business -Type Activities <br />2014 2013 <br />$ 1,195,886 $ <br />1,213,334 <br />1,195,886 <br />1,213,334 <br />1,015 <br />8,090 <br />8501142 <br />999,647 <br />95,976 <br />95,106 <br />465,000 <br />464,999 <br />1,412,133 <br />1,567,842 <br />(216,247) <br />(354,508) <br />(33,784) <br />(49,204) <br />(250,031) (403,712) <br />784,737 793,854 <br />534,706 390,142 <br />7,497,334 7,107,192 <br />$ 8,032,040 $ 7,497,334 <br />Total net position increased by $534,706 in 2014. The actual water revenue for fiscal year ended <br />September 30, 2014, of $1,195,886 was $3,785 higher than the amount budgeted of $1,192,101 <br />Jim <br />11J <br />