Friday,  May 31, 2013 • Vol. 14--No. 315 • 9 of 37

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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

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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)

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