Bonners Ferry herald. [volume] (Bonners Ferry, Idaho) 1904-current, 1922-08-17
LIGHT & WATER
DEPARTM MENT
MAKES REPORT

The annual report of the light and
water department for the fiscal year
ending Nav 81 was presented to the
city board Tuesday night. In accept
ing the report, the commissioners
complimented Manager Hughes on the
work of the department, as well as on
the manner in which the report was
gotten up.
In his report Mr.. Hughes made
the following statements
ITO the Chairman and Members of
the Board of Trustees of the Village
of Bonners Ferry:
Gentlemen | herewith submit a
detailed statement covering the opera
tion of the Electric Light and Water
Department for the fiscal year ending
May 81, 1922.
"The demands on the electric de-
partment the past year have been be-
yond the capacity of the Myrtle creek
plant. Several applications for power
and light for industrial purposes were
refused and no effort put forth to in
crease the use of current
This department now has 4S5 active
accounts with 263 meters installed, of
which "A were added during the year
1t shows a net operating profit of
S7,710.02 and reserve fund of $3,-
100000 for depreciation and retirement
of the bonds.
"The water department has 3S2 act
i've accounts with six meters installed.
This department shows a net operat-
ing profit of $109056 although it was
operated two months of the year at
loss due to repairs to main and pump,
and shows a reserve fund of $4,000. 90
for depreciation and retirement of
bonds.
"The total fixed charges due to in
terest, depreciation and bond reserve
beginning with June /, 1922, are as
follows: Interest on SS5 900 at per
cent per year, $5,100.00; depreciation
retire bonds in 90 years, per year,
$4,000; total, $13,52000.
Water Department.
Interest on $4,000 at per cent
per year, S1,50000; depreciation at 5
per cent per year, $1.250.D0; reserve
to retire bonds in 90 years, per year.
81 1885: total, $4,735.00
Total fixed charges for year end
ing May 81, 1923, $1S.2550O: total
fixed charges for year ending May 81.
1922. SS,06S.33: increase in fixed
charges June /. 1922, to May 81 1923,
S10,1S6.67.
at will, therefore, be necessary to
| increase the gross receipts from SER
vice charges which were S2S,909. II
during the past year to $29. .29073 the
ensuing year to meet the new obliga-
tions considering rates and the cost
of physical operation to be the same
as during the past year.
1T is my recommendation that
meters be installed on all electric
consumers with more than two lights
and that all customers be required to
purchase meters and be given the
privilege of using water at any time.
With the above recommendation in
effect operating cost will be lowered
customers better satisfied, the burden
of supplying water carried by the
user and sooner will come the day
when rates can be safely reduced"
Electric Department.
The electric department showed net
profits of S7.71002, while the profits
of the water department totalled ST.
O90.56
The electric plant was purchased
by the city on June /. 1921, for $780,
600 Assets of the department. ac-
cording to the report. now total $103,-
552.6S. including both capital and cash
accounts. The reserve fund has a
total of $4,000. profit of 1878 SO
was made on merchandise sold, and
labor profits bring the total to S74S.65.
The receipts of the electric depart
ment totaled 3194237 Balance on
hand May 81 was $6.539S3. Total op-
Grating cost of the electric department
was $12.044.60, and the net operating
profits were $6,S7931. Extensions to
the electric system totaled $5.349. .08,
not including the Moyie plant.
John Beck. a prominent citizen of