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Water Utility Cash Flow <br /> $1,200,000 - - - <br /> ----------- ---- -------- ---- --- <br /> S1,000,000 - <br /> 5800,000 —-- <br /> 5600,000 <br /> 5400,000t <br /> .:ak N'.,s�' <br /> ;Xn, <br /> S200,000 '" <br /> PI <br /> 2011 2011 Receipts 2012 2012 Receipts 2013 2013 Receipts _ 2014 2014 Receipts <br /> Disbursements Disbursements Disbursements Disbursements <br /> - - - ------ -- ----- -- ----- ------- -- <br /> Operating costs *Other(capital) ■Operating receipts IF Other(connections,intergovernmental,interest) <br /> Water Utility Cash Reserve Target <br /> $1,400,000 <br /> $1,288,411 <br /> i <br /> $1,200,000 - - - -48 <br /> $1,210,365 <br /> - $1,074,848 _ - — - - -- -- - - -- $1,093,699 _--� <br /> i <br /> $1,000,000 <br /> i <br /> $800,000 - { <br /> $600,000 _ <br /> I <br /> $400,000 -- -- - - - _- <br /> i <br /> i <br /> $200,000 - I <br /> $ — I <br /> 2011 2012 2013 2014 <br /> iUnrestricted Minimum target balance(35% of operating costs) <br /> Some of the items with significant changes are highlighted below: <br /> • Operating receipts(blue)were sufficient to cover operating costs(grey)with the exception of 2014,which was due to the <br /> City's share of a joint project totaling$310,961 being funded through the Water fund. <br /> • The Water fund received CDBG funds total roughly$422,000,which help offset some of the capital costs in the fund for <br /> 2014. <br /> • The cash balance had decreased roughly$200,000 from 2012. <br /> We recommend the City review rates annually to determine if operating revenues will cover operating costs and TSO <br /> future projects. Pk <br /> +Wooess. <br /> r;0* <br /> -11- l rs <br />