Posted by Fred Steiner on Sunday, October 4, 2015
It’s no surprise to anyone that Ada pool receipts this summer were lower than previous years. That loss is a result of many factors including the weather.
In Tuesday’s Ada council packet a year-end pool report compares income and expenses for the past five seasons. Three of this year’s bottom lines show:
• $37,400 pool revenue before income tax ($35,933 in 2014)
• $112,880 income tax receipts ($163,203 in 2014)
• $150,288 total revenue after income tax ($199,136 in 2014)
On the plus side expenses were $97,276 this year ($128,603 in 2014).
Several additional items are on Tuesday’s agenda. The agenda is an attachment at the bottom of this story.
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