|
<br />-14-
<br />SEWER FUND
<br />
<br />The following graph presents five years of operating results for the Sewer Fund:
<br />2013 2014 2015 2016 2017
<br /> Oper Rev $1,798,889 $1,857,272 $1,855,802 $1,989,066 $1,796,144
<br /> Oper Exp, Excl Dep $1,434,271 $1,367,820 $1,438,589 $1,362,274 $1,615,427
<br /> Oper Inc Before Dep $364,618 $489,452 $417,213 $626,792 $180,717
<br />$–
<br /> $200,000
<br /> $400,000
<br /> $600,000
<br /> $800,000
<br /> $1,000,000
<br /> $1,200,000
<br /> $1,400,000
<br /> $1,600,000
<br /> $1,800,000
<br /> $2,000,000
<br />Sewer Fund
<br />Year Ended December 31,
<br />
<br />The Sewer Fund ended 2017 with a net position of $5,765,055, a decrease of $80,629 from the prior year.
<br />Of total net position, $5,859,306 represents the investment in capital assets, leaving a deficit $94,251 of
<br />unrestricted net position.
<br />
<br />Sewer Fund operating revenues for 2017 were $1,796,144, a decrease of $192,922 compared to last year.
<br />Operating expenses for 2017 (excluding depreciation of $164,833) were $1,615,427, an increase of
<br />$253,153 from the prior year, with increases in sewer charges and other services and charges.
|