Show Power Surplus Su mac plus kus Buys Fire Truck The Bountiful power department department department depart depart- ment expects to end the next fiscal year beginning July 1 with a surplus of TillS THIS IS AFTER substantial outlays for capital Improvements to the tune of Howard chair chairman man manof of the power commission presented presented presented pre pre- the budget SALES OF electric power durIng during during dur dur- ing the next year are expected to reach said Outlays i 1 are GENERAL opel expenses and purchase of at power customer relations ad administration administration administration ad- ad ministration This lat latter latter lat lat- ter item Includes the power Ower de department department department de- de share in the city hall city manager salary plus which goes into the city's general fund This money now offsets four tour mills of property taxes Interest accounts for with budgeted for tor bona bond interest Total in round figures is or a net profit of CAPITAL additions however are expected to hit as noted above A major portion of this has been anticipated by the power commission for several years Mr noted So It 11 has about in reserves to make up the difference Capital outlays are expected as follows ADDITIONAL work on warehouse warehouse warehouse ware ware- house land purchase for tapping substation land improvements fix up area around a substation Transmission This heavy item includes the long awaited tapping substation which will give Bountiful reclamation power flOwer at a better belter rate plus two additional substations and lines for the tapping substation The power commission has been planning planning planning plan plan- ning this for several years NEW STREET lights will ac account account account ac- ac count for tor with 2000 allotted to miscellaneous or a total of After Arter these expenses most of which are one time the power plant will still show a surplus of It Is from this figure that the commission will take to make first payment on the new fire truck |