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Table L
<br />Sanitary Sewer Fund
<br />Pro Forma
<br />Prior Year
<br />Actual
<br />Prior Year
<br />Actual
<br />2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
<br />Revenues
<br />Charges for services 671,474 760,781 867,670 1,088,531 1,374,523 1,719,924 2,167,708 2,582,120 2,871,513 3,146,339 3,449,424 3,774,198
<br />Investment income (138,866) 387,540 173,564 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500
<br />Other revenues 26,819 33,126 - - - - - - - - - -
<br />Availability charges 477,500 385,500 1,246,000 2,385,000 - 1,476,000 - 375,000 786,000 - 165,000 210,000
<br />Capital assets contributions non-cash 1,272,767 2,060,698 - - - - - - - - - -
<br />Intergovernmental revenue 544 11 - - - - - - - - - -
<br />Special assessments 2,250,585 519,257 - - 1,000,000 1,000,000 - - - - - -
<br />Refunds and reimbursements - - - - - - - - - - - -
<br />Lateral Benefit Fee 13,100 13,700 - - - - - - - - - -
<br />Connection charges 310,500 249,500 286,000 481,000 203,300 186,467 220,000 319,133 283,000 237,000 231,000 209,000
<br />Transfer in - - - - - - - - - - - -
<br />Total Revenues 4,884,423 4,410,113 2,573,234 3,957,031 2,580,323 4,384,891 2,390,208 3,278,754 3,943,013 3,385,839 3,847,924 4,195,698
<br />Expenses
<br />Personal services 211,488 242,151 239,138 246,312 253,702 261,313 269,152 277,227 285,544 294,110 302,933 312,021
<br />Materials and supplies 26,354 23,370 23,892 24,609 25,347 26,107 26,891 27,697 28,528 29,384 30,266 31,174
<br />Professional services 61,544 133,108 153,239 157,836 162,571 167,448 172,472 177,646 182,975 188,465 194,119 199,942
<br />Repairs and maintenance 25,283 28,718 28,865 29,731 30,623 31,542 32,488 33,462 34,466 35,500 36,565 37,662
<br />Utilities 26,466 27,145 25,055 25,807 26,581 27,378 28,200 29,046 29,917 30,814 31,739 32,691
<br />Depreciation expense 960,729 1,121,402 1,133,938 1,157,086 1,158,116 1,164,746 1,164,746 1,212,158 1,215,056 1,215,056 1,245,803 1,245,803
<br />Interest and fees on long-term debt 306,946 356,724 397,870 361,225 329,013 295,913 261,625 226,122 189,363 154,550 124,775 97,838
<br />Transfer out to Capital Fund - 420,482 - - - - - - - - - -
<br />Intergovernmental payments (MCES) 421,859 526,216 644,326 771,717 837,146 906,944 984,585 1,075,392 1,171,496 1,272,089 1,380,521 1,496,008
<br />Other expenses 31,189 65,446 4,418 - - - - - - - - -
<br />Cost of bond issuance - - - - - - - - - - - -
<br />Total Expenses 2,071,858 2,944,762 2,650,741 2,774,322 2,823,098 2,881,391 2,940,159 3,058,751 3,137,346 3,219,969 3,346,721 3,453,139
<br />Change in Net Position 2,812,565 1,465,351 (77,507) 1,182,708 (242,774) 1,503,500 (549,951) 220,003 805,667 165,870 501,203 742,558
<br />Ending net position 25,298,195 26,763,546 26,686,039 27,868,747 27,625,973 29,129,473 28,579,522 28,799,525 29,605,192 29,771,061 30,272,265 31,014,823
<br />(840,964)
<br />Assets
<br />Cash and investments 11,502,451 10,780,154 10,153,340 10,860,456 11,002,674 12,647,180 12,471,723 11,176,768 12,220,160 12,756,081 12,429,640 13,610,002
<br />Cash and investments held in escrow - - - - - - - - - - - -
<br />Special assessments receivable 5,054,729 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
<br />Other current assets / receivables 174,669 222,703 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000
<br />Due from other governmental units - - - - - - - - - - - -
<br />Capital assets 26,714,376 30,685,246 31,186,667 32,112,587 32,153,787 32,419,012 32,419,012 34,315,494 34,431,421 34,431,421 35,661,295 35,661,295
<br />Less Accumulated depreciation (4,283,616) (5,405,018) (6,538,956) (7,696,041) (8,854,157) (10,018,903) (11,183,649) (12,395,807) (13,610,863) (14,825,920) (16,071,723) (17,317,526)
<br />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
<br />Total Assets and Deferred Outflows 39,208,529 41,128,310 39,695,340 39,876,476 38,608,553 39,061,904 37,431,805 36,541,656 36,208,157 35,265,224 34,659,056 34,329,816
<br />Liabilities
<br />Other current liabilities / payables 566,880 370,630 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000
<br />Bonds payable 12,665,000 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
<br />Unamortized bond premium 542,623 604,025 555,301 503,728 453,580 403,431 353,283 303,131 253,965 205,162 157,791 115,993
<br />Other non-current liabilities 133,291 99,508 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000
<br />Unearned revenues - - - - - - - - - - - -
<br />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
<br />Total Liabilities and Deferred Inflows 13,910,334 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
<br />Total Liabilities, Deferred Inflows, and Net
<br />Position
<br />39,208,529 41,128,310 39,695,340 39,876,476 38,608,553 39,061,904 37,431,805 36,541,656 36,208,157 35,265,224 34,659,056 34,329,816
<br />Projected
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