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<br />-15- <br />SEWER FUND <br /> <br />The following graph presents five years of comparative operating results for the City’s Sewer Fund: <br />2016 2017 2018 2019 2020 <br />Oper Rev $45,117 $56,140 $58,137 $65,428 $61,943 <br />Oper Exp $42,720 $54,927 $92,067 $56,516 $60,903 <br />Inc Before Dep $14,854 $13,670 $(20,013)$24,977 $17,107 <br />Oper Inc (Loss)$2,397 $1,213 $(33,930)$8,912 $1,040 <br /> $(75,000) <br /> $(50,000) <br /> $(25,000) <br />$– <br /> $25,000 <br /> $50,000 <br /> $75,000 <br /> $100,000 <br />Sewer Fund <br />Year Ended December 31, <br /> <br />The Sewer Fund ended 2020 with a total net position of $1,106,125, an increase of $7,334 from the prior <br />year. Of this, $605,915 represents the investment in capital assets, leaving unrestricted net position of <br />$500,210. <br /> <br />Operating revenue in the Sewer Fund decreased $3,485 from the prior year. The decrease is due to less <br />home construction, resulting in less collected for sewer access charges. <br /> <br />Sewer Fund operating expenses for 2020 increased $4,387 from the previous year. The increase is due to <br />more costs for Metropolitan Council Environmental Services charges. <br />