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<br />-14-
<br />SEWER FUND
<br />
<br />The following graph presents five years of operating results for the Sewer Fund:
<br />2014 2015 2016 2017 2018
<br /> Oper Rev $1,857,272 $1,855,802 $1,989,066 $1,723,699 $1,769,466
<br /> Oper Exp, Excl Dep $1,367,820 $1,438,589 $1,362,274 $1,615,427 $1,467,028
<br /> Oper Inc Before Dep $489,452 $417,213 $626,792 $108,272 $302,438
<br />$–
<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 /> $2,200,000
<br />Sewer Fund
<br />Year Ended December 31,
<br /> The Sewer Fund ended 2018 with a net position of $5,875,144, an increase of $110,089 from the prior
<br />year. Of total net position, $5,684,251 represents the net investment in capital assets, leaving $190,893 of
<br />unrestricted net position.
<br />
<br />Sewer Fund operating revenues for 2018 were $1,769,466, an increase of $45,767 compared to last year.
<br />Operating expenses for 2018 (excluding depreciation of $175,456) were $1,467,028, a decrease of
<br />$148,399 from the prior year, due to a decrease in other services and charges.
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