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<br />-17- <br />RECYCLING FUND <br /> <br />The following graph presents five years of operating results for the Recycling Fund: <br />2016 2017 2018 2019 2020 <br /> Oper Rev $134,739 $151,272 $134,228 $140,149 $136,865 <br /> Oper Exp $141,190 $147,919 $168,145 $172,232 $139,840 <br /> Oper Inc (Loss)$(6,451)$3,353 $(33,917)$(32,083)$(2,975) <br /> $(50,000) <br /> $(25,000) <br />$– <br /> $25,000 <br /> $50,000 <br /> $75,000 <br /> $100,000 <br /> $125,000 <br /> $150,000 <br /> $175,000 <br />Recycling Fund <br />Year Ended December 31, <br /> <br />The Recycling Fund ended 2020 with an unrestricted net position of $141,995, an increase of $23,795 <br />from the prior year. <br /> <br />Recycling Fund operating revenues for 2020 were $136,865, a slight decrease of $3,284 from the prior <br />year. Operating expenses for 2020 were $139,840, a decrease of $32,392 from the prior year. Recycling <br />charges were down in the current year, due to the COVID-19 pandemic preventing the City from having <br />its annual recycling clean up days. <br /> <br />The Recycling Fund also received $23,842 of nonoperating intergovernmental revenues that are available <br />for the operation of the City’s Recycling Program. <br />