ELECTRIC DEPARTMENT
Depreciation and Replacement - 2008

                 
ELECTRIC DEPRECIATION AND REPLACEMENT:        
     Balance, January 1, 2008………………………        $   3,563,000.00
     RECEIPTS:              
     Transfers………………………………………….  $      185,150.00      
     Interest Earned…………………………………..          105,351.81      $      290,501.81
          Total Balance and Receipts………………..        $   3,853,501.81
     Disbursements…………………………………..  $      826,625.74      $      826,625.74
     Balance, December 31, 2008………………….        $   3,026,876.07
               
ELECTRIC INSURANCE RESERVE:          
     Balance, January 1, 2008………………………        $      270,000.00
     RECEIPTS:              
     Transfers…………………………………………. 0.00      
     Interest Earned………………………………….  $          9,307.32      $          9,307.32
          Total Balance and Receipts………………..        $      279,307.32
     Disbursements………………………………….. 0.00     0.00
     Balance, December 31, 2008………………….        $      279,307.32
               
RESTRICTED CUSTOMER DEPOSITS:          
     Balance, January 1, 2008………………………        $      137,645.00
     RECEIPTS:              
     Transfers………………………………………….  $          3,018.54      
     Interest Earned…………………………………..             4,431.46      $          7,450.00
          Total Balance & Receipts………………….        $      145,095.00
     Disbursements………………………………….. 0.00     0.00
     Balance, December 31, 2008………………….        $      145,095.00
               
ELECTRIC CONSTRUCTION:            
     Balance, January 1, 2008………………………        $      286,490.90
     RECEIPTS:              
     Transfers…………………………………………. 0.00      
     Interest Earned…………………………………..  $          3,428.47      $          3,428.47
          Total Balance & Receipts………………….        $      289,919.37
     Disbursements…………………………………..  $      289,919.37      
     Balance, December 31, 2008………………….       0.00
               

 

 

Logansport Municipal Utilities
601 East Broadway #101
Logansport, Indiana 46947

Telephone: (574) 753-6231
Fax: (574) 753-9828
lm.ut@verizon.net

LMU Home Page