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Fiscal Year 2018
<br />ACTUAL ACTUAL ACTUAL ACTUAL BUDGET EST. ACTUAL BUDGET
<br /> REVENUES 2013 2014 2015 2016 2017 2017 2018
<br /> Water Operations 880,851$ 875,407$ 897,232$ 917,927$ 987,456$ 989,791$ 1,044,818$
<br /> Sewer Operations 849,032 914,442 947,618 1,005,329 1,092,556 1,098,338 1,175,081
<br />Total Operating Revenues 1,729,883$ 1,789,849$ 1,844,850$ 1,923,256$ 2,080,012$ 2,088,129$ 2,219,899$
<br /> EXPENDITURES
<br /> Water Operations 619,477$ 601,617$ 618,069$ 787,497$ 920,079$ 876,584$ 938,874$
<br /> Sewer Operations 937,717 982,557 963,621 930,659 1,034,737 1,027,148 1,118,854
<br />Total Operating Expenditures 1,557,194$ 1,584,174$ 1,581,690$ 1,718,156$ 1,954,816$ 1,903,732$ 2,057,728$
<br /> Combined Operating Income 172,689$ 205,675$ 263,160$ 205,100$ 125,196$ 184,397$ 162,171$
<br />Other (Income)/Expense
<br /> Water (41,064)$ (4,214)$ (1,938)$ (11,143)$ 9,650$ 10,100$ 10,100$
<br /> Sewer (99,138)(5,828)(21,139)(14,045)(1,400)(550)(550)
<br /> Interest Income - - (499) (23,907) (11,500) (11,500) (13,605)
<br /> Depreciation Expense 268,981 288,955 308,955 332,399 352,399 352,399 371,766
<br />Total Other (Income)/Expense 128,779 278,913 285,380 283,304 349,149 350,449 367,711
<br />Net Income/(Loss)43,911$ (73,238)$ (22,220)$ (78,204)$ (223,953)$ (166,052)$ (205,540)$
<br />Other Sources and Uses:
<br />Transfers Out -$ -$ (15,000)$ (225,000)$ -$ -$ -$
<br />Transfers In - - - 1,632,862 - - -
<br />Debt Service Payments (153,458) (137,700) (140,450) (138,150) (145,750) (145,750) (148,200)
<br />Net Change in Assets / Liabilities 11,622 (39,142) (46,105) 49,451 - - -
<br />Proceeds Bonding/Army 13,524 - - 130,932 - - -
<br />Add back Depreciation Expense 268,981 288,955 308,955 332,399 352,399 352,399 371,766
<br />Total Other Sources and Uses 140,669 112,113 107,400 1,782,494 206,649 206,649 223,566
<br />Net increase (decrease) in cash 184,580$ 38,875$ 85,180$ 1,704,290$ (17,304)$ 40,597$ 18,027$
<br />BEGINNING CASH BALANCE (182,618) 1,962 40,837 126,017 1,830,307 1,830,307 1,870,904
<br />ENDING CASH BALANCE 1,962$ 40,837$ 126,017$ 1,830,307$ 1,813,003$ 1,870,904$ 1,888,931$
<br />UTILITY FUND SUMMARY
<br />EXHIBIT E
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