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SEWER FUND <br /> The following graph shows the comparative operating results of the Sanitary Sewer Fund for the last 5 <br /> years: <br /> Sewer Fund <br /> Year Ended December 31,2025 <br /> $2,500,000 <br /> $2,250,000 - <br /> $2,000,000 - <br /> $1,750,000 <br /> $1,500,000 <br /> $1,250,000 <br /> $1,000,000 <br /> $750,000 <br /> $500,000 <br /> $250,000 <br /> 2021 2022 2023 2024 2025 <br /> �OperRev $1,918,458 $2,008,148 $2,021,405 $2,198,187 $2,262,949 <br /> OOperExp $1,635,600 $1,933,490 $1,808,117 $1,894,691 $1,989,131 <br /> Oper Inc $282,858 $74,658 $213,288 $303,496 $273,818 <br /> —Inc Before Dep $405,204 $186,178 $340,131 $433,275 $425,966 <br /> The major expense of the sewer operation is the charge from the Metropolitan Council Environmental <br /> Services(MCES). The main cause of the expense fluctuations from year-to-year at times are changes made <br /> to the charges from the MCES reflecting the results of its sewer treatment operations. <br /> The Sewer Fund maintains a healthy financial position. During fiscal 2025, the Sewer Fund reported <br /> operating income of$273,818, compared to an operating income of$303,496 in fiscal 2024. The increase <br /> in personal services and contractual services contributed to the change in operating expenses, compared to <br /> the prior year. The City should continue to review utility rates during its annual budget process to make <br /> sure an adequate,yet fair,rate is charged for the services provided. <br /> -16- <br />