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<br />-16- <br />RECYCLING FUND <br /> <br />The following graph presents five years of operating results for the Recycling Fund: <br />2017 2018 2019 2020 2021 <br /> Oper Rev $151,272 $134,228 $140,149 $136,865 $177,057 <br /> Oper Exp $147,919 $168,145 $172,232 $139,840 $154,611 <br /> Oper Inc (Loss)$3,353 $(33,917)$(32,083)$(2,975)$22,446 <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 /> $200,000 <br />Recycling Fund <br />Year Ended December 31, <br /> <br />The Recycling Fund ended 2021 with an unrestricted net position of $190,195, an increase of $48,200 <br />from the prior year. <br /> <br />Recycling Fund operating revenues for 2021 were $177,057, an increase of $40,192 from the prior year. <br />Operating expenses for 2021 were $154,611, an increase of $14,771 from the prior year. <br /> <br />The Recycling Fund also received $26,131 of nonoperating intergovernmental revenues that are available <br />for the operation of the City’s Recycling Program. <br />