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Home My WebLink About31-76 RESOLUTION• 1 10 RESOLUTION NO. 31- 7- t A RESOLUTION APPROVING THE 1976 - 1977 WATER AND SEWER DEPARTMENTAL BUDGET. BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF FAYETTEVILLE, ARKANSAS: That the 1976 - 1977 Water and Sewer Departmental Budget be, and the same is hereby, approved. A copy of said budget, marked Exhibit "A", is attached hereto and made a part hereof. PASSED AND APPROVED THIS cYfM DAY OF AP�PRROVED: t MAYOR ATTEST: cC C TY CLERK , 1976. • • • • • • SUMMARY SHEET 1976-77 Water and Sewer 0 and M Budget 1. Increase in total budget from $2,828,686 in 1975 to $3,388,493 in 1976-77. $559,807 increase Major items included in increase: Water Projects: From $141,500 to $247,400 Sewer Projects: From $141,000 to $522,600 2. The figures shown in the Actual 1974-75 column were taken from the audit for fiscal year ended July 31, 1975. The figures for personnel salaries, water and sewer line maintenance, fire hydrant maintenance, meter maintenance and most capital accounts indicate capitalization of these items according to utility accounting practices. The figures shown in the 1975-76 and 1976-77 columns do not indicate capitalization of any items. • TABLE OF CONTENTS Page Revenue and Expenditure Summary 1 Water and Supply and Treatment- 5500 2 Transmission and Distribution- 5700 3 Sewage Collection and Maintenance- 6200 6 Pollution Control- 6300 9 Chemical Control- 6400 11 Customer Accounting and Collection- 6500 12 Administration and Engineering- 6600 i4 Recreation- 6700 16 Supplemental Information 17 Water and Sewer Fund Revenue and Expenditure Summary Revenues Interest Balance Carried Forward Water Sales Sewer Service Charges Fire Hydrant Charges Water Connection Fees Sewer Connection Fees Rental Income Recreation Fees Construction Contributions Miscellaneous Community Development Transfer from Construction Fund Rural Water Sales Rural Water Taps Total Expenditures Water Supply and Treatment Transmission and Distribution Sewage Collection and Maintenance Pollution Control Chemical Control Customer Accounting and Collection Administration and Engineering Recreation Contractual Payments Debt Service Contingency * Total Estimated 1975-76 $ 55,000 310,000 1,341,000 1,007,000 35,000 37,000 55,000 3,200 14,300 8,500 11,000 47,288 86,000 2,000 '67,000 $3,079,288 $ 339,850 353,457 217,060 265,610 6,963 250,794 228,850 13,175 10,000 810,000 -0- $2,49S,259 Estimated 0 and M. Balance $ 583,529 *Contingency: $50,000 for personnel salaries $50,000 line oversizing Estimated 1976-77 $ 60.000 583,529 1,400,000 1,025,000 36,000 32,000 40,000 3,200 14,500 8,000 7,000 168,600 -0- 35,000 25,000 $'3,437,829 • $ 369,100 542,756 727,666 294,902 7,483 273,652 238,672 14,262 10,000 700,000 100,000 t3,278,493 $ 159,336 • • Water and Sewer 0 $ M Fund Detail Water Supply and Treatment - 5500 5500 Personnel Salaries Materials and Supplies 5506 Office Supplies Actual Estimated 1974-75 1975-76 $ 500 $ 575 $ 2 $ 25 5508 Cleaning Supplies -0- 5510 Minor Equipment -0- 5513 Chemicals -0- Total $ 285 $ 25 Contract and Maintenance Services 5551 Professional Service- NWARPC 5553 Purchase of Beaver Water/ Beaver Bond Payments 5563 Telephone 5564 Utilities 5566 Building & Grounds Maintenance 5568 Pumping $ Purification Equipment Maintenance 5573 Vehicle Maintenance (includes gas, oil, 8 tires) Total 5590 Objective Capital Outlay Grand Total -0- 283 -0- 0- -0-- -0- 243,811 243,811 697 15,893 1,972 717 79 $263,169 $ -0- $263,954 NARRATIVE 5,000 315,000 100 16,600 2,100 - 0- 450 339,250 - 0- 339,850 Budgeted 1976-77 $ 1,200 $ 50 -0- 100 175 25 $ 5,000 340,000 125 20,000 2,000 100 500 $ 367,725 . $ -0- $ 369,100 To acquire treated water from Beaver Water District and sustain the Sequoyah plant in operating condition by operating it one day per week. Comment and Explanation • Account No. 5500 Includes part of the salary of a maintenance mechanic to keep the pumping equipment in operating order. 5551 Northwest Arkansas Regional. Planning Commission contractual pay- ment of part of Fayetteville's share $5,000 5553 Estimated cost of Beaver Water $340,000 Beginning September 1, 1973, Fayetteville's rate for Beaver Water increased from $115.00 per million gallons to $150.00 per million gallons. This rate includes Fayetteville's contractual bond retirement obligations in the amount of $82.50 per million gallons purchased and $67.50 for water per million gallons. -2- • • • Water and Sewer 0 $ M Fund Detail Transmission and Distribution - 5700 5700 Personnel Salaries Materials and Supplies 5706 Office Supplies and Printing 5708 Cleaning 5710 Minor Equipment 5725 Construction Materials Total Contract and Maintenance Services 5763 Telephone 5764 Utilities 5766 Buildings and Grounds Maintenance 5769 Radio Maintenance 5770 Water Main Maintenance 5771 Fire Hydrant Maintenance 5772 Meter Maintenance 5773 Vehicles and Machinery Maintenance 5774 Growth Area Line Maintenance 5787 Miscellaneous Total Capital Outlay 5790 Vehicles and Machinery 5791 Water Lines 5792 Purchase of Easements 5796 Water Service Connections 5797 Repairs to Streets Total Grand Total Actual 1974-75 $ 29,248 $ 71 -0- 2,884 6 $ 2,961 $ 73 2,673 6,689 115 37,506 5,217 1,333 -0- -0- 1,915 $ 55,521 $ 4,026 412,601 9,981 27,291 33,941 $ 487,840 $ 575.570 1 Estimated 1975-76 $120,127 $ 65 35 3,300 3,200 6,600 $ 930 4,300 250 250 10,000 3,000 3,000 40,000 -0- 2,000 $ 63,730 $ 62,000 71,000 16,000 10,000 4,000 $163,000 $353,457 Budgeted 1976-77 $141,256 $ 150 50 3,000 3,000 $ 6,200 $ 1,000 4,500 300 300 22,300 5,000 -0- 50,000 5,000 2,000 $ 90,400 $ 23,000 247,400 15,000 15,000 4,500 $304,900 $542,756 -3- Transmission and Distribution - 5700 Personnel Schedule Transmission and Distribution Superintendent Assistant Transmission and Dis- tribution Superintendent Utility Service Foreman Utility Service Leadman Distribution Man III Laborer II Light Equipment Operator Overtime Total Number of Employees Amount 1975-76 1976-77 1975-76 1 5 1 4 4 3 1 5 1 4 4 3 1976-77 $ $ 13,032 19 19 $120,127 NARRATIVE 9,333 44,020 5,220 21,458 20,052 18,141 131,256 $ 10,000 141,256 -4- Objective To create and maintain the water distribution and storage system including instal- lation of new connections, repair of valves and hydrants, and repair of water leaks. Comment and Explanation • The primary emphasis in 1975-76 was on expansion of the distribution system. New line construction primarily financed by bonds and federal grants for the inside City HUD -EPA projects and Growth Area water distribution system is nearing completion. Account No. 5700 Includes the same personnel contingent as was budgeted in the 1975-76 fiscal year. 5770 Includes material for maintenance to water mains. 5773 Includes non -capitalized maintenance to all equipment plus gas, oil, and tires, and tubes. 5790 Includes $7,000 for hydraulic speed shoring and miscellaneous tools; $5,000 for an underground hydraulic piercing tool (Hole Hog); and $11,000 for replacement of one dump truck #305. • • -5- 5791 Includes - New water lines as listed below under capital projects. 5792 Includes- Purchase of easements not funded by other programs. 5796 New water service connections as new water lines are provided for normal growth. In Order of Priority Water 1976-77 Water and Sewer 0 $ M Capital Projects Account 5791 COST Material Equipment Labor Design and R -O -W Total Hwy. 71 -Maple, Layfayette, and Dickson $ 3,600 $ 1,800 $ 1,800 $ 800 North and Garland Gregg -Township to Poplar Mt. Comfort Reinforcement $27,000 $13,500 $ 2,250 $13,500 $13,500 $ 6,000 $ 6,750 $ 6,750 $ 3,000 $ 1,125 $ 1,125 $ 500 Replace lines - Rebecca, Spring, Fletcher, College $27,000 $13,500 $13,500 $ 6,000 Fire Hydrants $11,250 $ 5,625 $ 5,625 $ 2,500 Replace Water Main Bailey Road $13,500 $ 6,750 $ 6,75D $ 3,000 Replace Line - Deane St. from Lewis To Deane Soloman Raod $27,000 $13,500 $13,500 $ 6,000 Sub -Total Less Froce Acct. Labor and Equipment Total Force $ 8,000 Account $ 60,000 Contract $ 30,000 Contract • Force $ 5,000 Account $ 60,000 Contract $ 25,000 Force Account $ 30,000 Force Account $ 60,000 Contract $278,000 30,600 $247,400 • • Water and Sewer 0 f, M Fund Detail Sewage Collection and Maintenance - 6200 6200 Personnel Salaries Materials and Supplies 6206 Office Supplies 6208 Cleaning Supplies 6210 Minor Equipment 6213 Chemicals Total Contract and Maintenance Services 6251 Professional Services 6253 Purchase of water 6263 Telephone 6264 Utilities 6266 Buildings and Grounds Maintenance 6268 Pumping Equipment Maintenance 6269 Radio Maintenance 6270 Sewer Mains Maintenance Material 6273 Vehicle and Machinery Maintenance 6287 . Miscellaneous Total Capital Outlay 6290 Vehicles and Other Equipment 6291 Sewer Lines 6296 Sewer Connections 6297 Street Repair Total Grand Total Actual 1974-75 $ 53,050 $ 126 38 1,352 3,476 $ 4,992 $ -0- 2,529 - 0- 5,025 121 10,574 158 45,956 3,962 11 $ 68,336 $ 1,136 - 0- 19,290 3,043 $ 23,469 $149,847 1 Estimated 1975-76 $100,000 $ 10 100 1,200 4,000 $ 5,310 $ 6,000 -0- 200 6,400 400 3,200 300 12,000 17,000 50 $ 45,550 $ 22,000 40,000 3,200 _ 1,000 $ 66,200 W217.060 Budgeted I976-77 $101,416 $ 50 100 3,500 5,000 $ 8,650 $ 41,500 -0- 200 7,400 500 4,500 300 15,000 • 19,000 100 $ 88,500 $ -0- 522,600 5,000 1,500 $529,100 $727,666 -6- • Sewage Collection and Maintenance - 6200 Sewage Collection and Maintenance Supervisor Equipment Maintenance Mechanic Utility Service Foreman Utility Service Leadman Light Equipment Operator Laborer II Overtime Total Objective Personnel Schedule Number of Employees 1975-76 1976-77 1 1 2 3 2 3 1 1 2 3 2 3 Amount 1975-76 1976-77 12 12 $100,000 NARRATIVE To operate and maintain the sanitary sewerage collection system, ventive maintenance, and emergency repair. Comment and Explanation Account No. 6200 Includes the same personnel contingent budgeted in 1975-76. 6210 Includes a variety of hand tools and small equipment. 6213 Includes oxygen for lift stations to reduce odor. 6251 Step I Study and Evaluation of infiltration- required by EPA. 6266 Includes maintenance around lift stations and other sites. 6270 Includes purchase of materials for sewer line maintenance 6291 Includes sewer projects as listed below under capital projects. $ 12,751 13,032 16,286 20,351 14,272 14,724 10,000 $101,416 including pre- • -7- • • In order of Priority Sewer -8- • 1976-77 Water and Sewer 0 & M Capital Projects Account 6291 COST Material Equipment Labor Design and R -O -W Total Ridgley-Manor Phase I (Re -budget) $ 23,000 $ 27,000 $ 40,000 $ 10,000 Old Wire Rd. -North from Ash Sang, Hazel, Maple, Cleveland, Maple- wood, Center, Markham Replace Sewer lines in older parts of City Ridgley-Manor Phase II 1976 Community Development Sewers Sub -Total $100,000 Contract Force $ 1,150 $ 1,350 $ 2,000 $ 500 $ 5,000 Account $ 18,400 $ 21,600 $ 32,000 $ 8,000 $ 11,500 $ 13,500 $ 20,000 $ 5,000 $ 33,350 $ 39,150 $ 58,000 $ 14,500 Less Labor for CD Sewers (Force Account) Total $ 80,000 Contract $ 50,000 Contract $145,000 Contract $168.600 $548,600 26,000 $522,600 Water and Sewer 0 & M Fund Detail Pollution Control - 6300 6300 Personnel Salaries Materials and Supplies 6306 Office Supplies 6308 Cleaning Supplies 6310 Minor Equipment 6313 Chemicals Total Contract and Maintenance Services 6348 Travel and Training 6351 Professional Services 6363 Telephone 6364 Utilities 6366 Buildings $ Grounds Maintenance 6368 Pumping Equipment Maintenance 6369 Radio Maintenance 6373 Vehicles & Machinery Maintenance 6387 Miscellaneous Total Capital Outlay 6390 Vehicles and Machinery Grand Total Actual 1974-75 $103,170 $ 145 2,952 2,056 52,205 $ 57,358 $ 582 -0- 844 57,776 1,778 7,418 121 9,584 82 $ 78,185 $ 2,130 $240,843 Personnel Schedule Number of Employees 1975-76 1976-77 Pollution Control Plant Superintendent Equipment Maintenance Mechanic Shift Operator Filter Operator Plant Operator Light Equipment Operator Lab Technician Assistant Filter Operator Overtime Total 1 1 5 1 3 1 1 1 14 1 2 5 1 3 1 1 1 15 Estimated 1975-76 $105,000 $ 160 2,750 1,200 62,000 $ 66,110 $ 175 -0- 1,150 60,000 2,000 4,000 75 7,000 100 $ 74,500 $ 20,000 $265,610 Budgeted 1976-77 $117,702 $ 200 3,000 1,500 68,000 $ 72,700 $ 500 -0- 1,200 65,000 5,000 8,000 100 13,000 200 $ 93,000 $ 11,500 $294,902 Amount -9- 1975-76 1976-77 $105,000 $ 13,029 $ 16,149 $ 38,106 $ 7,819 $ 16,208 $ 5,700 $ 10,143 $ 6,048 $ 4,500 $117,702 • POLLUTION CONTROL NARRATIVE Objective -10- To treat domestic, commercial and industrial waste water collected through the City's sewerage system to produce an effluent which will meet the stream standards of the Arkansas Pollution Control Commission which are acceptable to the Arkansas State Health Department for discharge into the White River Watershed and into Beaver Lake, which is the primary water supply for Northwest Arkansas. Comment and Explanation This activity is one of the most costly in the department due to the design of the Pollution Control Plant-- it was designed to do a superior job of cleaning the commun- ity's waste water. Comparisons with other plants of similar design indicate that high operating costs are a common characteristic. A major expansion of the plant will be necessary in the near future due to changed EPA regulations on water quality. The Plant reclaims about 2.2 billion gallons of water per year ( including ground or rain water which has infiltrated the sanitary system) by removing over 1,700 tons of solids from the water and reducing the biochemical oxygen demand from 200-300 parts per million at influent to about 15 p.p.m. at point of discharge into the river. One potentially costly and difficult problem facing the City in the near future is the search for and establishment of an alternative to the present method of sludge disposal. Account No. 6300 Includes the addition of one equipment maintenance mechanic to assist in keeping the numerous pieces of equipment in operating order. 6390 Includes the following items: Automatic sampler for industrial sampling of waste, $700; Replace valves in final clarifiers, $6,200; Dump bed replace- ment for sludge disposal truck, $3,000; and riding lawn mower $1,600. • • Water and Sewer 0 & M Fund Detail Chemical Control - 6400 Materials and Supplies 6410 Minor Equipment 6313 Chemicals Total Contract and Maintenance Services 6451 Professional Services Total Actual 1974-75 $ 18 92 $ 110 $ 6,804 $ 6 804 Grand Total $ 6,914 NARRATIVE Objective To monitor and chemically analyze water in order to maintain chemical control of the important as Beaver Water is obtained due to residual in the Beaver Water since the water filtration treatment plant. Contract based on $.06 per active meter each January 1. Comment and Explanation Over 450 samples of water are tested yearly for P.11. and chlorine residual. About 570 samples for bacteriological quality. Numerous samples for heavy metals. Answer complaints. Estimated Budgeted 1975-76 1976-77 5 40 45 $ 6,918 6.918 $ 6,963 $ 25 50 $ 75 $ 7,408 $ 7rAOR $ 7,483 -11- throughout the water distribution system water. This activity will be increasingly the difficulty of retaining a chlorine users will be farther from the water • Arkansas State Health Department submittals. As soon as additional space and equipment is acquired at the Pollution Control Plant laboratory, this section of the budget is proposed to be deleted. • Water and Sewer 0 & M Fund Detail Customer Accounting and Collection - 6500 Actual 1974-75 6500 Personnel Services $107,562 Materials and Supplies 6506 Office Supplies F, Printing $ 2,072 6510 Minor Equipment 606 Total $ 2,678 Contract and Maintenance Services 6544 Publications G Dues $ -0- 6548 Travel $ Training 713 6549 Postage 16,243 6551 Professional Services 31,181 6563 Telephone 5,189 6569 Radio Maintenance 129 6570 Meter Maintenance 21,981 6573 Vehicle G Equipment Maintenance 4,054 6587 Miscellaneous 430 Total $ 79,920 6590 Capital Outlay 68,439 Grand Total $258,599 Water Meter Service Foreman Meter Repairman Meter Readers Utility Service Representative Warehouse Manager Warehouse/Meter Readers Helper Clerk II Finance Department Overtime Total Estimated 1975-76 $107,000 $ 2,700 550 $ 3,250 $ 144 300 18,000 44,000 5,700 200 16,000 6,000 200 90,544 50,000 $250,794 Personnel Schedule Number of Employees 1975-76 1976-77 1 1 4 1 1 1 1 10 1 1 4 1 1 1 1 10 • Budgeted 1976-77 $121,952 $ 2,700 300 $ 3,000 $ 150 450 20,000 51,000 6,200 200 20,000 5,000 200 $103,200 $ 45,000 $273,652 Amount 1975-76 1976-77 $107,000 $ 10,446 $ 6,300 $ 26,624 $ 7,669 $ 8,744 $ 5,040 $ 5,656 $ 41,453 $ 10,000 $121,952 -12- -13- CUSTOMER ACCOUNTING AND COIJ,ECTION NARRATIVE Objective The customer accounting and collection section is under the supervision of the Finance Department. Customer accounting is responsible for the reading, billing and collection of the water and sewer bills. At the end of May, 1976 there were 11,754 water and sewer accounts. In fiscal year 1976-77 this section will process approximately 4,000 turn -on orders, 3,200 turn-off orders, 750 transfers, 300 new accounts, 4,000 re -reads, and 720 checks for leaks. This section will issue approx- imately 7,000 miscellaneous receipts, and handle an estimated 400 returned checks. Total active growth area accounts 208, 70 dry taps. Meter readers are responsible for meter reading, re -reads, and change -out of all meters. The meter change -out program will continue in fiscal year 1976-77 with emphasis being given to the change -out of meters two inches and larger. The total change - out program is three-fourths completed. The amount budgeted in capital outlay will complete the change -out of meters ten years and older. Account No. 6500 The addition of the growth area has added substantially to the overall work load of this division. The inability to recruit, train, and retain personnel in the meter reading division has compounded the responsibilities of this division at a time when the meter change -out program, growth area system and a program of testing and repairing large meters was adding a great deal of work load to a crew of seven budgeted slots, including four readers. The turnover rate for this division including the Finance section was 83% in 1975 and to June 10, 1976, 89% . Recommendations to help alleviate these problems will be forthcoming. 6551 Includes charges for computer services for water and sewer billing and annual audit. The increase indicates the increased charge for audit services. 6570 Reflects cost for parts and materials associated with the meter change - out program and normal repair costs. 6590 Includes replacement meters for the larger volume consumers. The change - out program should be completed in fiscal 1976-77. • • • Water and Scwer 0 $ M Fund Detail Administration and Engineering - 6600 6600 Personnel Salaries Materials and Supplies 6606 Office Supplies and Printing 6610 Minor Equipment Total Contract and Maintenance Services 6640 Advertising 6641 Clothing Allowance 6644 Publications and Dues 6648 Travel and Training 6651 Professional Services 6668 Office Machine Maintenance 6669 Radio Maintenance 6673 Vehicle and Equipment 6675 Insurance 6683 Social Security Taxes 6687 Miscellaneous 6688 Pension Contributions 6689 Rent Total Actual 1974-75 $ 63,567 $ 2,953 114 $ 3,067 $ -0- 1,478 - 0- 889 9,589 - 0- 216 Maintenance3,846 24,499 30,611' 1,936 16,741 11,000 $100,805 6690 Capital Outlay $ 2,072 Grand Total $169,511 City Engineer- Water 6 Sewer Assistant City Engineer Utility Service Inspector Head Draftsman Draftsman I Clerk V- Secretary Land Agents ( Part Time) Sub -Total City Manager (Part) City Attorney (Part) Purchasing, Personnel and Budget Division Total Personnel Schedule Number of 1975-76 1 1 1 1 1 1 Employees 1976-77 1 1 1 1 1 1 6 r Estimated 1975-76 $ 92,000 $ 3,400 300 $ 3,700 $ 250 1,200 1,000 650 4,000 250 200 2,000 '38,000 32,000 400 35,000 11,000 $125,950 $ 7,200 $228,850 1975-76 $ 92,000 Budgeted 1976-77 $ 98,222 $ 3,000 200 $ 3,200 $ 300 1,500 1,000 850 5,000 200 200 2,200 45,000 33,500 500 35,000 11,000 $136,250 • $ 1,000 $238,672 Amount 1976-77 $17,802 $13,650 $ 6,720 $ 7,434 $ 5,220 $ 6,933 $12,800 $70,560 $13,250 $ 6,600 $ 7,813 $98,222 -14- • Objective ADMINISTRATION AND ENGINEERING NARRATIVE To administer the City's water and sewer operations, expansion, and improvement including planning for future growth, working with developers, inspection of instal- lations, and providing other engineering services for the City. Comment and Explanation This activity includes design of new construction whether by City crews or contract, writing specifications for various technically involved materials and commodities, updating map records and lines. The personnel of this activity have custody and responsbility for various maps and records in addition to those which are utility related. Account No. 6600 Includes salaries of administrative, engineering, drafting, and secretarial personnel. 6610 Includes drafting supplies. 6641 All departmental clothing allowance is budgeted here. 6644 Includes dues to professional organizations and subscriptions to professional publications for the department. 6651 Includes contracted engineering services for design of budgeted projects. 6690 Includes $675 for a replacement typewriter.and $325 for safety equipment. Salaries of unclassified and classified personnel have been computed on the basis of the 1976 Pay Plan. Funds are included in the contingency for any changes in the pay plan. r -15- -16- • Water and Sewer 0 $ M Fund Detail Recreation - 6700 6700 Personnel Salaries Materials and Supplies 6706 Office Supplies and Printing Total Contract and Maintenance Services 6764 Utilities 6766 Buildings $ Grounds Maint. Total 6790 Capital Outlay Grand Total Dock Operators Objective To operate the and boating. Account No. Actual 1974-75 $ 12,533 $ 204 $ 204 $ 998 51 $ 1,049 $139.179 $152,965 Personnel Services Estimated 1975-76 $ 12,000 $ 275 $ 275 850 50 900 $ -0- Budgeted 1976-77 $ 12,812 $ 300 $ 300 1,000 150 1,150 $ 13,175 $ 14,262 Number of Employees 1975-76 1976-77 2 NARRATIVE City's two lakes as recreation 2 facilities - Amount 1975-76 1976-77 $12,000 $12,812 primarily fishing 6790 The 1974-75 column indicates the amount spent for rebuilding the Lake Fayetteville spillway. • • Revenues Suppl..mental Information 1976-77 Nater and Sewer Budget Projected Statement of Operation Per Budget Less: Balance Carried Forward Transfer from Construction Fund Add: Estimated Interest (0 P, M) Total Estimated Available Funds Expenditures Per Budget Less: Add: Principal Payments Capital Expenditures Depreciation Expense Total Estimated Expenditures Estimated Net Income $13,437,829 583,529 -0- 60,000 $3,278,492 240,000 948,100 500,000 $2,914,300 $ 2,590,393 $ 373,907.. -17-