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Table JWater FundPro FormaPrior Year Actual Prior Year Actual2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033RevenuesCharges for services 1,647,656 1,809,432 1,962,564 1,855,679 2,173,130 2,541,967 2,958,925 3,513,531 4,132,623 4,832,830 5,605,410 6,473,109 Investment income (66,764) 172,199 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 Other operating revenue 400,075 5,671 2,000 33,455 33,455 33,455 33,455 33,455 33,455 33,455 33,455 33,455 Water meter sales 113,708 123,176 155,675 155,675 155,675 155,675 155,675 155,675 155,675 155,675 155,675 155,675 Other revenues - - - - - - - - - - - - Availability charges 685,000 550,000 1,695,000 2,577,000 378,000 1,476,000 150,000 375,000 786,000 - 219,000 210,000 Capital assets contributions non-cash 1,503,597 2,164,179 - - - - - - - - - - Intergovernmental revenue 8,164,179 2,666,737 - - - - - - - - - - Special assessments 73,461 18,013 - 320,000 - - - - - - - - Lateral Benefit Fee 12,400 17,200 - - - - - - - - - - Connection charges 383,000 299,000 605,000 481,000 203,000 224,000 262,000 370,000 335,000 288,000 244,000 219,000 Total Revenues 12,916,312 7,825,607 4,452,239 5,454,809 2,975,260 4,463,097 3,592,055 4,479,661 5,474,753 5,341,960 6,289,540 7,123,239 ExpensesPersonal services 453,262 449,930 517,395 469,367 533,448 600,951 618,980 637,549 656,675 676,376 696,667 717,567 Materials and supplies 204,340 367,469 241,800 121,600 179,368 236,249 243,337 250,637 258,156 265,900 273,877 282,094 Professional services 109,490 266,161 247,624 331,702 349,229 364,855 375,801 387,075 398,687 410,648 422,967 435,656 Repairs and maintenance 84,958 73,786 57,000 104,500 316,260 500,848 515,873 531,349 547,290 563,709 580,620 598,038 Utilities 17,606 176,693 193,850 160,000 250,100 334,853 344,899 355,246 365,903 376,880 388,186 399,832 Depreciation expense 1,868,224 2,148,531 2,183,065 2,224,726 2,261,729 2,338,379 2,383,454 2,425,661 2,479,277 2,534,638 2,541,094 2,583,848 Interest and fees on long-term debt 346,637 352,740 374,262 358,630 372,973 377,721 454,571 468,607 477,298 503,254 438,994 393,819 Transfer out to Capital Fund 3,261,225 - - - - - - - - - - - Other expenses 37,158 62,638 - - - - - - - - - - Cost of bond issuance - - - 20,000 20,690 51,660 37,000 31,737 38,307 - - - Total Expenses 6,382,900 3,897,948 3,814,995 3,790,525 4,283,796 4,805,516 4,973,914 5,087,861 5,221,593 5,331,404 5,342,406 5,410,854 Change in Net Position 6,533,412 3,927,659 637,244 1,664,284 (1,308,536) (342,419) (1,381,860) (608,200) 253,160 10,556 947,134 1,712,384 Ending net position 46,607,056 50,534,715 51,171,959 52,836,242 51,527,706 51,185,287 49,803,428 49,195,228 49,448,388 49,458,944 50,406,078 52,118,463 AssetsCash and investments 5,897,784 5,787,696 5,059,782 7,139,165 6,439,154 6,771,708 6,212,898 6,349,294 7,227,247 6,096,283 7,881,058 9,235,383 Cash and investments held in escrow - - - - - - - - - - - - Special assessments receivable 533,521 501,348 473,748 449,799 427,010 407,314 387,618 368,315 349,012 329,709 310,406 291,103 Other current assets / receivables 243,557 37,433 209,105 209,105 209,105 209,105 209,105 209,105 209,105 209,105 209,105 209,105 Due from other governmental units 1,429,117 157,547 - - - - - - - - - - Capital assets 65,601,629 72,596,436 73,977,780 75,644,255 77,124,365 80,190,366 81,993,366 83,681,629 85,826,286 88,040,700 88,298,973 90,009,113 Less Accumulated depreciation (11,665,199) (13,813,730) (15,996,795) (18,221,521) (20,483,250) (22,821,630) (25,205,084) (27,630,745) (30,110,022) (32,644,659) (35,185,754) (37,769,602) Deferred outflows 109,550 73,095 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 Total Assets and Deferred Outflows 62,149,959 65,339,825 63,738,620 65,235,803 63,731,384 64,771,864 63,612,903 62,992,598 63,516,628 62,046,137 61,528,788 61,990,102 LiabilitiesOther current liabilities / payables 835,631 787,724 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 Bonds payable 13,375,000 12,670,000 11,990,000 11,865,000 11,710,000 13,135,000 13,400,000 13,430,000 13,740,000 12,295,000 10,860,000 9,635,000 Unamortized bond premium 432,861 429,402 418,662 376,561 335,678 293,577 251,475 209,370 170,239 134,193 104,710 78,639 Other non-current liabilities 318,367 253,428 125,000 125,000 125,000 125,000 125,000 125,000 125,000 125,000 125,000 125,000 Unearned revenues 575,000 575,000 - - - - - - - - - - Deferred inflows 6,044 89,556 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 Total Liabilities and Deferred Inflows 15,542,903 14,805,110 12,566,662 12,399,561 12,203,678 13,586,577 13,809,475 13,797,370 14,068,239 12,587,193 11,122,710 9,871,639 Total Liabilities, Deferred Inflows, and Net Position62,149,959 65,339,825 63,738,620 65,235,803 63,731,384 64,771,864 63,612,903 62,992,598 63,516,628 62,046,137 61,528,788 61,990,102 Projected
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