Show Notes inancial to 9 Investment The Power Power joint in und has UAMPS venture the Utah in Associated Municipal by for the accounted equity method of and subdivision the of political state of the to the provisions Interlocal Cooperation of 21 consists municipalities including one (the Members) UAMPS' formed to plan was ownership 358871 a (UAMPS) Systems legal separate formed pursuant Act UAMPS' membership municipal power company finance develop acquire for the projects generation the of benefit its energy for was UAMPS Agreement UAMPS one of vote improve and operate distribution maintain electric or of Under the Organization financial obligations to greatest of is which City each to Murray entitled designate are one All from the directors other directors selected are representatives the basis by remaining UAMPS members a rotating majority on members' representatives four the all of Board its with members following under is The management elects officers The construct transmission members Directors the ofUAMPS 11 of by governed is is which entity a Utah (con’t) Statements and is a the appoints the of summary of direction management audited the Board of Directors which staff financial of information the joint venture Year June Assets Current ended 30 1984 : $ assets Restricted assets Utility plant Deferred and charges equipment other net and assets 5896485 20484256 39696999 13351990 79429730 and membership Liabilities liabilities Current from payable Liabilities Long-term Membership capital: i restricted 5083181 5208347 assets 68710720 liabilities capital 427482 9429730 Operating Operating 110287511 7995994 revenue expenses income Nonoperating Income Interest charges Net costs to be recovered Operating Net from future billings earnings (Continued) to members 2291517 1813330 (8522039) 4417192 |