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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 /> <br />2018 2019 2020 2021 2022 <br />Oper Rev $58,137 $65,428 $61,943 $55,823 $61,942 <br />Oper Exp $92,067 $56,516 $60,903 $54,102 $64,472 <br />Oper Inc (Loss)$(33,930)$8,912 $1,040 $1,721 $(2,530) <br />Inc Before Dep $(13,917)$33,889 $18,147 $17,787 $13,536 <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 /> The Sewer Fund ended 2022 with a total net position of $1,085,030, a decrease of $20,422 from the prior <br />year. Of this, $573,783 represents the investment in capital assets, leaving unrestricted net position of <br />$511,247. <br /> <br />Operating revenue in the Sewer Fund increased $6,119 from the prior year. The increase is mainly due to <br />an increase in commercial consumption. <br /> <br />Sewer Fund operating expenses for 2022 increased $10,370 from the previous year. The increase is due to <br />higher Metropolitan Council Environmental Services charges in the current year related to increased <br />consumption. <br />