said. "Operating revenues in 2012 were up almost 7 percent while operating expenses were down almost 2 percent. We have reduced our debt by 15 percent over the last four years." • Much of that increase revenue stays in this area. The cooperative continues to pay capital credits of over 30 percent back to patrons. $400,000 in gross receipts taxes are paid to local schools. The company also supports community activities with "Calling for Cash" at local sporting events, a cell phone recycling program and sponsorships and donations in all JVT communities. • One of the community support programs that is supported by JVT is the Bob Peterson Memorial Scholarships
(Continued on page 10)
Toby Carda is presented with a certificate for a scholarship from James Valley Telephone by James Groft, CEO. (Photo #4638 by Char Telkamp)
Groton American Legion Post #39 Color Guard retired the colors at the end of the James Valley Telephone Annual Meeting on Thursday. (Photo #4643 by Char Telkamp)
Amanda Worlie is presented with a certificate for a scholarship from James Valley Telephone by James Groft, CEO. (Photo #4640 by Char Telkamp)