|The Water and Sewer Utility Department's finances are:
Revenues: Water/Sewer Utility: $110,000; Washeteria: $2,658; Trash Haul: $22,204.
Expenditures: Water/Sewer Utility: $88,638; Washeteria: $6,178; Trash Haul: $22,322
The water/sewer utility rate for residents is $70 a month; commercial rate is $150 a month; school is charged $3,700. The utilities consume approximately 12,000 gallons of fuel oil a year. The city purchases its fuel by using Norton Sound Economic Development Corporation Community Benefits Share Program funds. The city received $100,000 from the CBS Program this year. This program enables the utility to pass on the savings to its residential customers.
The city clerk is preparing an amendment ordinance for the city council to approve. The amendment includes some of the utility's budget figures.