Rural Water Company

Adopted Summary of Earnings

Test Year 2005

Sewer Operations

Number of Customers			379*
	Residential Flat Rate Revenue @ $42.62 per month	$ 193,836
	Commercial Flat Rate Revenue	2,544
Total Annual Revenue			$ 196,380
Operating Expenses
	Employee Labor
	Materials
	Contract Work - Laboratory
	Contract Work - Other		82,774
	Transportation
	Other Plant Maintenance
	Sewer Lease
	Other Salaries
	Management Salaries		7,210
	Employee Health & Pension
	Uncollectibles
	Other Service & Rent
	Other Supplies
	Insurance		5,000
	Regulatory Expense		6,008
General Expenses
	Parts & Supplies	$ 3,540
	Utilities	40,500
	Fuel Oil & Chemical Costs	7,000
	Permits & Fees	2,500
	Sewer Clearing	7,000
	Sludge Disposal	3,000
General Expense Total			63,540
Subtotal Expenses			164,532
Return at 15% Operating Ratio			24,680
Depreciation			0
Franchise Fee			0
Property Taxes			0
Payroll Taxes
State Income Taxes			2,817
Federal Income Taxes			4,357
	Total Expenses and Return * 386 lots, less 7 lots for possible future hotel and related facility. (END OF APPENDIX A)		$ 196,386