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<br />-15-
<br />SEWER FUND
<br />
<br />The following graph presents five years of operating results for the Sewer Fund:
<br />2015 2016 2017 2018 2019
<br /> Oper Rev $1,855,802 $1,989,066 $1,723,699 $1,769,466 $1,892,740
<br /> Oper Exp, Excl Dep $1,438,589 $1,362,274 $1,615,427 $1,467,028 $1,442,919
<br /> Oper Inc Before Dep $417,213 $626,792 $108,272 $302,438 $449,821
<br />$–
<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 2019 with a net position of $6,412,749, an increase of $537,605 from the prior
<br />year. Of total net position, $5,792,106 represents the net investment in capital assets, leaving $620,643 of
<br />unrestricted net position.
<br />
<br />Sewer Fund operating revenues for 2019 were $1,892,740, an increase of $123,274 compared to last year,
<br />due to increased rates. Operating expenses for 2019 (excluding depreciation of $180,169) were
<br />$1,442,919, a decrease of $24,109 from the prior year, due to a decrease in other services and charges.
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