Capital grants and
contributions
20%
The following graph indicates the portion of expenses that are covered by service charges to customers for business-type activities.
In water, wastewater, and golf funds, service charges or reserves cover all costs. The operations of the transportation, airport, and
Business-Type Activities – Expenses And Program Revenues
- 5 10 15
Water
Wastewater
Transportation
Convention center
Airport
Golf Course
Millions of Dollars
Revenues
Expenses
6
Utilities and Business Services
The Town operates two utilities and four businesses and accounts for their activities similar to businesses in the private sector. Operating revenues
and expenses result from providing services and delivering goods. The Water Fund operates the water treatment plants and distribution system; the
Wastewater Fund operates the sewage treatment plant, pumping stations and collection system; the Convention Center Fund accounts for the activities
the Airport Fund and Golf Course Fund account for the operations of the Ocean City Municipal Airport and Eagle’s Landing Golf Course, respectively.
Charges for services
63%
Operating grants and
contributions
8%
Transfers in
8%
Interest and other
revenue
1%
report tocitizens