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Table JWater FundPro FormaPrior Year Actual Prior Year Actual2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034RevenuesCharges for services 1,809,432 1,465,487 1,891,000 2,478,526 3,136,374 3,979,013 5,075,194 5,586,393 6,098,085 6,612,657 7,118,206 7,631,351 Investment income 172,199 191,005 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 32,000 Other operating revenue 5,671 5,979 4,069 33,455 33,455 33,455 33,455 33,455 33,455 33,455 33,455 33,455 Water meter sales 123,176 51,530 105,045 155,675 155,675 155,675 155,675 155,675 155,675 155,675 155,675 155,675 Other revenues - - - 27,000,000 24,500,000 - - - - - - - Availability charges 550,000 1,302,000 1,932,000 708,000 1,476,000 336,000 375,000 900,000 - 219,000 210,000 213,600 Capital assets contributions non-cash 2,164,179 3,608,962 - - - - - - - - - - Intergovernmental revenue 2,666,737 2,998,259 2,740,960 - - - - - - - - - Special assessments 18,013 10,552 - - - - - - - - - - Lateral Benefit Fee 17,200 28,000 28,458 - - - - - - - - - Connection charges 299,000 329,000 697,000 352,000 173,000 286,000 361,000 324,000 276,000 219,000 194,000 110,000 Total Revenues 7,825,607 9,990,774 7,430,532 30,759,656 29,506,504 4,822,143 6,032,324 7,031,523 6,595,215 7,271,787 7,743,336 8,176,081 ExpensesPersonal services 521,477 377,288 417,670 497,478 634,068 647,000 666,410 686,402 706,994 728,204 750,050 772,552 Materials and supplies 368,133 196,660 102,461 73,970 73,970 182,846 188,331 193,981 199,800 205,794 211,968 218,327 Professional services 275,957 192,273 252,812 231,592 231,592 545,348 561,709 578,560 595,917 613,794 632,208 651,174 Repairs and maintenance 73,786 63,358 71,580 88,800 88,800 475,185 489,441 504,124 519,248 534,825 550,870 567,396 Utilities 178,976 133,870 184,337 184,000 184,000 356,133 366,817 377,821 389,156 400,831 412,856 425,241 Depreciation expense 2,148,531 2,595,622 2,647,730 3,286,925 3,947,928 4,026,169 4,067,147 4,113,574 4,187,188 4,191,068 4,217,664 4,219,748 Interest and fees on long-term debt 352,740 339,124 358,630 323,106 285,488 245,738 204,441 161,131 119,988 93,594 73,219 57,050 Transfer out to Capital Fund - - - - - - - - - - - - Intergovernmental payments - - - - - - - - - - - - Other expenses 62,638 48,754 - - - - - - - - - - Cost of bond issuance - - - - - - - - - - - - Total Expenses 3,982,238 3,946,949 4,035,220 4,685,872 5,445,845 6,478,419 6,544,295 6,615,594 6,718,290 6,768,111 6,848,835 6,911,489 Change in Net Position 3,843,369 6,043,825 3,395,312 26,073,784 24,060,659 (1,656,275) (511,971) 415,930 (123,075) 503,676 894,501 1,264,592 Ending net position 50,291,225 56,335,050 59,730,362 85,804,146 109,864,805 108,208,529 107,696,558 108,112,488 107,989,413 108,493,089 109,387,590 110,652,183 AssetsCash and investments 5,316,872 4,097,360 7,625,499 10,165,875 10,433,763 8,323,403 8,873,492 10,147,907 10,418,810 14,119,227 17,564,177 22,475,202 Cash and investments held in escrow - - - - - - - - - - - - Special assessments receivable 501,348 453,996 380,335 355,879 334,516 313,153 292,184 291,195 270,226 249,257 228,288 207,319 Other current assets / receivables 264,767 318,526 209,105 209,105 209,105 209,105 209,105 209,105 209,105 209,105 209,105 209,105 Due from other governmental units 157,547 1,325,327 - - - - - - - - - - Capital assets 72,596,436 80,348,782 82,433,093 108,000,921 134,441,021 137,570,676 139,209,767 141,066,856 144,011,412 144,166,639 145,230,480 145,313,832 Less Accumulated depreciation (13,813,730) (16,400,240) (19,047,970) (22,334,895) (26,282,823) (30,308,993) (34,376,139) (38,489,713) (42,676,901) (46,867,969) (51,085,634) (55,305,382) Deferred outflows 73,095 45,461 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 65,096,335 70,189,212 71,615,062 96,411,884 119,150,581 116,122,344 114,223,408 113,240,350 112,247,652 111,891,259 112,161,416 112,915,077 LiabilitiesOther current liabilities / payables 787,724 614,164 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 Bonds payable 12,670,000 11,990,000 10,775,000 9,540,000 8,260,000 6,930,000 5,585,000 4,225,000 3,355,000 2,530,000 1,935,000 1,450,000 Unamortized bond premium 429,402 418,662 376,700 334,738 292,777 250,815 208,849 169,862 170,239 135,169 105,825 79,894 Other non-current liabilities 253,428 158,373 125,000 125,000 125,000 125,000 125,000 125,000 125,000 125,000 125,000 125,000 Unearned revenues 575,000 575,000 575,000 575,000 575,000 575,000 575,000 575,000 575,000 575,000 575,000 575,000 Deferred inflows 89,556 97,963 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 14,805,110 13,854,162 11,884,700 10,607,738 9,285,777 7,913,815 6,526,849 5,127,862 4,258,239 3,398,169 2,773,825 2,262,894 Total Liabilities, Deferred Inflows, and Net Position65,096,335 70,189,212 71,615,062 96,411,884 119,150,581 116,122,344 114,223,408 113,240,350 112,247,652 111,891,259 112,161,416 112,915,077 Projected
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