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<br />-18- <br />RECYCLING FUND <br /> <br />The following graph presents five years of operating results for the Recycling Fund: <br />2018 2019 2020 2021 2022 <br /> Oper Rev $134,228 $140,149 $136,865 $177,057 $169,905 <br /> Oper Exp $168,145 $172,232 $139,840 $154,611 $173,092 <br /> Oper Inc (Loss)$(33,917)$(32,083)$(2,975)$22,446 $(3,187) <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 2022 with an unrestricted net position of $206,499, an increase of $16,304 <br />from the prior year. <br /> <br />Recycling Fund operating revenues for 2022 were $169,905, a decrease of $7,152 from the prior year. <br />Operating expenses for 2022 were $173,092, an increase of $18,481 from the prior year. <br /> <br />The Recycling Fund also received $26,810 of nonoperating intergovernmental revenues that are available <br />for the operation of the City’s Recycling Program. <br />