My WebLink
|
Help
|
About
|
Sign Out
Home
2025 Management Report
GemLake
>
FINANCIAL
>
FINANCIAL REPORTS
>
2025 Management Report
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
7/27/2026 2:35:47 PM
Creation date
7/27/2026 2:35:04 PM
Metadata
Fields
Template:
Financial/Accounting
Code
FIN 02620
Document
MANAGEMENT REPORT
Destruction
PERMANENT
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
24
Show annotations
View images
View plain text
WATER FUND <br />The following graph presents five years of comparative operating results for the City's Water Fund: <br />Water Fund <br />Year Ended December 31, <br />$70,000 <br />$60,000 <br />$50.000 <br />$40.000 <br />$30,000 <br />$20,000 — <br />$10.000 — — <br />$(10,000) <br />$(20,000) <br />$(30,000) <br />$(40,000) <br />.001 <br />2021 <br />2022 <br />2023 <br />2024 <br />2025 <br />Operating Revenue <br />$33,051 <br />$26.330 <br />$43.910 <br />$24.102 <br />$49,789 <br />=Operating Expense <br />$36,958 <br />$63,955 <br />$49.576 <br />$36,464 <br />$37.391 <br />—Operating Income (Loss) <br />$(3.907) <br />$(37.625) <br />$(5.666) <br />$(11362) <br />$12,397 <br />Income (Loss) Before <br />Depreciation <br />$9.562 <br />$(24.156) <br />$15.881 <br />$3,148 <br />$27,907 <br />The Water Fund ended 2025 with a total net position of $549,425, an increase of $7,552 from the prior <br />year. Of this, $662,180 represents the investment in capital assets, leaving unrestricted net position deficit <br />of ($112,755). <br />Operating revenue in the Water Fund increased $25,686 from the prior year. The increase is due to an <br />increase in water access charges of $31,500. <br />Water Fund operating expenses for 2025 increased $927 from the previous year. <br />-14- <br />
The URL can be used to link to this page
Your browser does not support the video tag.