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<br />WATER FUND
<br />
<br />The following graph presents five years of operating results for the Water Fund:
<br />2017 2018 2019 2020 2021
<br /> Oper Rev $2,104,639 $2,256,859 $2,286,542 $2,316,891 $2,789,472
<br /> Oper Exp Excl Dep $1,921,138 $1,812,772 $1,945,021 $1,619,171 $1,749,217
<br /> Oper Inc Before Dep $183,501 $444,087 $341,521 $697,720 $1,040,255
<br />$–
<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 /> $2,400,000
<br /> $2,600,000
<br /> $2,800,000
<br /> $3,000,000
<br />Water Fund
<br />Year Ended December 31,
<br />
<br />The Water Fund ended 2021 with a net position of $9,870,248, an increase of $1,345,320, from the prior
<br />year. Of total net position, $7,351,831 represents the net investment in capital assets, leaving $2,518,417
<br />of unrestricted net position.
<br />
<br />Water Fund operating revenues were $2,789,472 for 2021, an increase of $472,581, due to increased rates
<br />and consumption. Operating expenses (excluding depreciation of $365,453) were $1,749,217, which
<br />represents an increase of $130,046. Expenses increased, largely due to an increase in the amount of water
<br />purchased from the City of Roseville due to increased consumption.
<br />
<br />Consumption will fluctuate from year-to-year based on many factors, including weather patterns and
<br />number of utility customers.
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