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' ASR 2 0 1995 BOOK FACE 6 <br />Mr. Moats noted that this involves the enterprise funds <br />which are user charge oriented. There are three enterprise funds <br />- water and sewer system; solid waste system; and county <br />building, which is a new account this year after being <br />transferred from the City to the County; and the financial <br />position of each is good. <br />Commissioner Scurlock had some comments re our water and <br />sewer system, and referred to the following data which was set <br />out on Page 5 of the transmitting letter. <br />ENTERPRISE FUNDS <br />Water and Sewer System Fund - The County Water and Sewer Fund was <br />established to account for the operations of the water and sewer system. <br />The water and sewer system continues to increase the number of customers <br />served and when the water and sewer transmission lines going West along <br />Route 60 are completed, there will be a substantial increase in the number <br />of customers. Comparative data for the past two years are presented in the <br />following table: <br />Total operating revenues <br />Total operating expenses <br />Net income (loss) <br />Income available for debt <br />service <br />Annual debt service <br />Coverage (income available for <br />debt service divided by <br />debt service) <br />Customers <br />1984 1983 INCREASE <br />$ 1,846,466 $ 1,419,655 $ 426,811 <br />$ 1,104,741 $ 953,500 $ 151,241 <br />$ 76,129 $ (35,102) $ 111,231 <br />$ 1,043,780 $ 514,807 $ 528,973 <br />$ 575,997 $ 3359403 $ 240,594 <br />1.81 1.53 <br />5,913 5,089 824 <br />Commissioner Scurlock noted that he had questioned the <br />coverage of 1.81 for this fund in 1984 and asked if we had made a <br />significant improvement or whether this coverage was getting a <br />bit fat. Utilities Director Pinto explained that we have a 2.7 <br />million issue coming this year, which is the reason for this <br />coverage. Commissioner Scurlock felt the only negative note re <br />solid waste is that we have some significant problems we have to <br />address this year - closing the first Landfill cell and getting <br />into the second which will require us to generate a large amount <br />of capital. He reported that he did meet with City Manager <br />Little on resource recovery, and Mr. Little indicated the City <br />WN <br />