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Table LSanitary Sewer FundPro FormaPrior Year ActualPrior Year Actual2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034RevenuesCharges for services 760,781 869,151 1,090,826 1,262,751 1,505,267 1,823,984 2,210,138 2,654,076 3,117,698 3,458,684 3,670,559 3,878,653 Investment income 387,540 457,855 350,000 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 Other revenues 33,126 107,097 - - - - - - - - - - Availability charges 385,500 1,250,500 1,932,000 708,000 1,476,000 186,000 375,000 900,000 - 165,000 210,000 213,600 Capital assets contributions non-cash 2,060,698 3,230,468 - - - - - - - - - - Intergovernmental revenue 11 2,596 - - - - - - - - - - Special assessments 519,257 158,632 - - - 1,060,000 - 2,400,000 - - - - Refunds and reimbursements - - - - - - - - - - - - Lateral Benefit Fee 13,700 42,900 - - - - - - - - - - Connection charges 249,500 287,500 691,000 352,000 173,000 282,000 347,000 311,000 262,000 206,000 184,000 110,000 Transfer in - - - - - - - - - - - - Total Revenues 4,410,113 6,406,699 4,063,826 2,325,251 3,156,767 3,354,484 2,934,638 6,267,576 3,382,198 3,832,184 4,067,059 4,204,753 ExpensesPersonal services 242,151 221,325 250,844 375,161 386,416 398,008 409,949 422,247 434,914 447,962 461,401 475,243 Materials and supplies 23,370 27,097 13,727 23,225 23,922 24,639 25,379 26,140 26,924 27,732 28,564 29,421 Professional services 133,108 145,939 121,477 173,211 178,407 183,760 189,272 194,951 200,799 206,823 213,028 219,419 Repairs and maintenance 28,718 28,864 25,144 15,150 15,605 16,073 16,555 17,051 17,563 18,090 18,633 19,192 Utilities 27,145 149,944 26,540 92,000 94,760 97,603 100,531 103,547 106,653 109,853 113,148 116,543 Depreciation expense 1,121,402 1,422,605 1,474,447 1,474,447 1,482,172 1,513,999 1,513,999 1,575,479 1,575,479 1,575,479 1,575,479 1,575,479 Interest and fees on long-term debt 356,724 329,701 361,225 329,013 295,913 261,625 226,122 189,363 154,550 124,775 97,838 74,688 Transfer out to Capital Fund 420,482 - - - - - - - - - - - Intergovernmental payments (MCES) 526,641 644,326 771,717 830,674 898,742 977,473 1,070,300 1,167,158 1,265,568 1,367,616 1,478,390 1,586,706 Other expenses 65,446 26,704 5,389 - - - - - - - - - Cost of bond issuance - - - - - - - - - - - - Total Expenses 2,945,187 2,996,505 3,050,510 3,312,880 3,375,936 3,473,179 3,552,105 3,695,935 3,782,451 3,878,330 3,986,480 4,096,689 Change in Net Position 1,464,926 3,410,194 1,013,316 (987,629) (219,169) (118,696) (617,467) 2,571,641 (400,253) (46,145) 80,579 108,064 Ending net position 26,763,121 30,173,315 31,186,631 30,199,003 29,979,833 29,861,138 29,243,671 31,815,312 31,415,059 31,368,914 31,449,493 31,557,557 2,568,805 AssetsCash and investments 10,779,729 12,519,471 12,108,246 11,851,928 12,036,205 10,556,964 10,611,650 9,626,862 9,945,820 10,620,317 11,452,257 12,475,480 Cash and investments held in escrow - - - - - - - - - - - - Special assessments receivable 4,816,024 4,460,364 4,165,549 3,883,536 3,603,113 4,124,429 3,856,123 5,389,628 5,137,094 4,884,560 4,636,880 4,430,404 Other current assets / receivables 222,703 266,318 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 30,685,246 32,931,254 35,004,914 35,004,914 35,313,914 36,586,994 36,586,994 39,046,231 39,046,231 39,046,231 39,046,231 39,046,231 Less Accumulated depreciation (5,405,018) (6,827,703) (8,302,150) (9,776,596) (11,258,768) (12,772,766) (14,286,765) (15,862,244) (17,437,723) (19,013,203) (20,588,682) (22,164,162) Deferred outflows 29,201 38,539 18,200 18,200 18,200 18,200 18,200 18,200 18,200 18,200 18,200 18,200 Total Assets and Deferred Outflows 41,127,885 43,388,243 43,084,759 41,071,982 39,802,665 38,603,821 36,876,202 38,308,677 36,799,621 35,646,105 34,654,886 33,896,153 LiabilitiesOther current liabilities / payables 370,630 254,900 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 Bonds payable 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 2,225,000 Unamortized bond premium 604,025 553,877 503,728 453,580 403,431 353,283 303,131 253,965 205,162 157,791 115,993 74,196 Other non-current liabilities 99,508 62,612 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 9,000 Unearned revenues - - - - - - - - - - - - Deferred inflows 35,601 38,539 15,400 15,400 15,400 15,400 15,400 15,400 15,400 15,400 15,400 15,400 Total Liabilities and Deferred Inflows 14,364,764 13,214,928 11,898,128 10,872,980 9,822,831 8,742,683 7,632,531 6,493,365 5,384,562 4,277,191 3,205,393 2,338,596 Total Liabilities, Deferred Inflows, and Net Position41,127,885 43,388,243 43,084,759 41,071,982 39,802,665 38,603,821 36,876,202 38,308,677 36,799,621 35,646,105 34,654,886 33,896,153 Projected
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