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Hamilton, Stevensville, Ravalli County, Montana
What is this article about?
Bloomfield, N.J.'s municipal water department, per superintendent Charles W. Powers' report, profited $930 from 51 house connections since January and saw rents rise to $22,000 after meters. Lower consumption saved costs vs. prior private contract minimums.
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How a New Jersey Town Profited by
Municipal Ownership.
The report of Charles W. Powers, superintendent of the water department of Bloomfield, N. J., shows that municipal ownership of waterworks is profitable, says the Municipal Journal and Engineer. Since January the department made fifty-one house connections at an expense of $1,123.02 and received for the work $2,053.65, giving a profit of $930.63. For the six months previous the water rents were $20,500, which rose to $22,000 for a corresponding period after the installation of water meters.
The first three months of the year the town consumed 81,500,000 gallons of water, which was lower than the amount consumed for the corresponding period in several years. The second three months of the year showed a consumption of only 68,000,000 gallons, lower than the amount of water the town would have had to pay for under contract with the local company, as the minimum amount that could be purchased was 75,000,000 gallons each quarter. This saving represents the price of 7,000,000 gallons of water for three months of the year.
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Domestic News Details
Primary Location
Bloomfield, N. J.
Key Persons
Outcome
profit of $930.63 from fifty-one house connections; water rents rose from $20,500 to $22,000 for corresponding six-month periods after water meter installation; consumption of 81,500,000 gallons in first three months and 68,000,000 gallons in second three months, saving equivalent to price of 7,000,000 gallons compared to previous contract minimum of 75,000,000 gallons per quarter.
Event Details
The report of Charles W. Powers, superintendent of the water department of Bloomfield, N. J., shows that municipal ownership of waterworks is profitable. Since January the department made fifty-one house connections at an expense of $1,123.02 and received $2,053.65 for the work. For the six months previous the water rents were $20,500, which rose to $22,000 for a corresponding period after the installation of water meters. The first three months of the year the town consumed 81,500,000 gallons of water, lower than corresponding period in several years. The second three months showed consumption of 68,000,000 gallons, lower than the minimum 75,000,000 gallons per quarter under previous contract with local company.