|
Table LSanitary Sewer FundPro FormaPrior Year ActualPrior Year Actual2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033RevenuesCharges for services 671,474 760,781 843,721 1,044,809 1,206,669 1,381,636 1,593,089 1,872,196 2,175,175 2,483,831 2,829,278 3,202,620 Investment income (138,866) 387,540 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 Other revenues 26,819 33,126 - - - - - - - - - - Availability charges477,500 385,500 1,678,500 2,385,000 - 1,476,000 - 375,000 786,000 - 165,000 210,000 Capital assets contributions non-cash 1,272,767 2,060,698 - - - - - - - - - - Intergovernmental revenue544 11 - - - - - - - - - - Special assessments 2,250,585 519,527 - - 1,000,000 1,000,000 - - - - - - Refunds and reimbursements- - - - - - - - - - - - Lateral Benefit Fee13,100 13,700 - - - - - - - - - - Connection charges 310,500 249,500 611,000 481,000 203,300 186,467 220,000 319,133 283,000 237,000 231,000 209,000 Transfer in - - - - - - - - - - - - Total Revenues 4,884,423 4,410,383 3,135,721 3,913,309 2,412,469 4,046,602 1,815,589 2,568,830 3,246,675 2,723,331 3,227,778 3,624,120 ExpensesPersonal services 211,488 242,151 231,965 102,214 105,280 108,439 111,692 115,043 118,494 122,049 125,710 129,482 Materials and supplies26,354 23,370 29,900 30,797 31,721 32,673 33,653 34,662 35,702 36,773 37,876 39,013 Professional services 61,544 117,318 143,272 147,570 151,997 156,557 161,254 166,092 171,074 176,206 181,493 186,937 Repairs and maintenance25,283 28,718 5,500 5,665 5,835 6,010 6,190 6,376 6,567 6,764 6,967 7,176 Utilities 26,466 27,145 30,000 30,900 31,827 32,782 33,765 34,778 35,822 36,896 38,003 39,143 Depreciation expense960,729 1,121,402 1,185,146 1,185,794 1,212,574 1,269,597 1,269,597 1,319,823 1,322,721 1,322,721 1,353,468 1,353,468 Interest and fees on long-term debt306,946 356,724 397,870 361,225 329,013 295,913 261,625 226,122 189,363 154,550 124,775 97,838 Transfer out to Capital Fund - 420,482 - - - - - - - - - - Intergovernmental payments (MCES) 421,859 526,216 644,326 771,717 837,800 908,910 987,830 1,080,086 1,177,909 1,282,537 1,395,536 1,516,780 Other expenses 31,189 65,446 - - - - - - - - - - Cost of bond issuance - - - - - - - - - - - - Total Expenses 2,071,858 2,928,972 2,667,979 2,635,882 2,706,047 2,810,880 2,865,607 2,982,981 3,057,652 3,138,497 3,263,829 3,369,837 Change in Net Position 2,812,565 1,481,411 467,742 1,277,427 (293,578) 1,235,722 (1,050,018) (414,152) 189,022 (415,166) (36,051) 254,283 Ending net position 25,298,195 26,779,606 27,247,348 28,524,774 28,231,196 29,466,918 28,416,900 28,002,749 28,191,771 27,776,605 27,740,554 27,994,837 AssetsCash and investments 12,045,074 10,796,214 8,717,522 10,448,064 9,563,937 9,029,807 8,459,133 6,525,138 7,059,550 7,122,100 6,366,070 7,165,822 Special assessments receivable5,054,729 4,816,024 4,789,289 4,494,474 4,201,249 3,909,615 3,619,719 3,340,201 3,062,439 2,798,641 2,534,843 2,271,045 Other current assets / receivables174,669 222,703 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 Due from other governmental units- - - - - - - - - - - - Capital assets 26,714,376 30,685,246 33,235,002 33,260,922 34,332,122 36,613,057 36,613,057 38,622,090 38,738,018 38,738,018 39,967,891 39,967,891 Less Accumulated depreciation (4,283,616) (5,405,018) (6,590,164) (7,775,958) (8,988,532) (10,258,129) (11,527,726) (12,847,549) (14,170,271) (15,492,992) (16,846,460) (18,199,928) Deferred outflows 45,920 29,201 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 Total Assets and Deferred Outflows39,751,152 41,144,370 40,256,649 40,532,503 39,213,776 39,399,350 37,269,183 35,744,880 34,794,736 33,270,767 32,127,345 31,309,830 LiabilitiesOther current liabilities / payables566,880 370,630 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 Bonds payable 13,207,623 13,255,000 12,305,000 11,355,000 10,380,000 9,380,000 8,350,000 7,290,000 6,200,000 5,140,000 4,080,000 3,050,000 Unamortized bond premium542,623 604,025 555,301 503,728 453,580 403,431 353,283 303,131 253,965 205,162 157,791 115,993 Other non-current liabilities133,291 99,508 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 Deferred inflows 2,540 35,601 125,000 125,000 125,000 125,000 125,000 125,000 125,000 125,000 125,000 125,000 Total Liabilities and Deferred Inflows14,452,957 14,364,764 13,009,301 12,007,728 10,982,580 9,932,431 8,852,283 7,742,131 6,602,965 5,494,162 4,386,791 3,314,993 Total Liabilities, Deferred Inflows, and Net Position39,751,152 41,144,370 40,256,649 40,532,503 39,213,776 39,399,350 37,269,183 35,744,880 34,794,736 33,270,767 32,127,345 31,309,830 Projected
|