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EXHIBIT F
<br />Fiscal Year 2023
<br />ACTUAL ACTUAL ACTUAL ACTUAL BUDGET EST. ACTUAL BUDGET
<br /> REVENUES 2018 2019 2020 2021 2022 2022 2023
<br /> Water Operations 985,022$ 997,332$ $1,130,292 $1,300,250 $1,291,631 $1,324,841 $1,373,093
<br /> Sewer Operations 1,136,667 1,212,400 1,224,881 1,314,285 1,319,981 1,347,580 1,423,818
<br />Total Operating Revenues 2,121,689$ 2,209,732$ 2,355,173$ 2,614,535$ 2,611,611$ 2,672,421$ 2,796,911$
<br /> EXPENDITURES
<br /> Water Operations 1,077,197$ 1,063,120$ 1,026,775$ 920,311$ 1,203,809$ 1,134,600$ 1,186,921$
<br /> Sewer Operations 1,133,409 1,134,511 1,118,027 1,103,140 1,164,982 1,140,118 1,221,274
<br />Total Operating Expenditures 2,210,606$ 2,197,631$ 2,144,802$ 2,023,451$ 2,368,792$ 2,274,718$ 2,408,195$
<br /> Combined Operating Income (88,918)$ 12,101$ 210,370$ 591,084$ 242,820$ 397,704$ 388,716$
<br />Other (Income)/Expense
<br /> Water (28,688)$ (8,560)$ 8,530$ (12,181)$ 1,351$ 3,451$ 4,851$
<br /> Sewer (22,650)(2,250)(1,317)(1,216)400 350 450
<br /> Interest Income (24,620) (28,476) (27,781) 7,697 (6,250) (1,500) (6,000)
<br /> Depreciation Expense 371,766 611,728 631,728 612,058 673,146 627,258 647,258
<br />Total Other (Income)/Expense 295,808 572,442 611,160 606,358 668,647 629,559 646,559
<br />Net Income/(Loss) (384,725)$ (560,341)$ (400,789)$ (15,274)$ (425,827)$ (231,855)$ (257,843)$
<br />Other Sources and Uses:
<br />Transfers Out -$ -$ -$ -$ -$ -$ -$
<br />Transfers In - - - - - - -
<br />Debt Service Payments (148,200) (145,600) (147,950) (150,200) (150,200) (147,400) (149,550)
<br />Net Change in Assets / Liabilities 49,417 (47,486) 114,365 (120,563) - - -
<br />Add back Depreciation Expense 371,766 611,728 631,728 612,058 673,146 627,258 647,258
<br />Total Other Sources and Uses 272,983 418,642 598,143 341,295 522,946 479,858 497,708
<br />Net increase (decrease) in cash (111,742)$ (141,699)$ 197,354$ 326,021$ 97,119$ 248,003$ 239,865$
<br />BEGINNING CASH BALANCE 1,915,415 1,803,674 1,661,976 1,859,331 2,185,353 2,185,353$ 2,433,357$
<br />ENDING CASH BALANCE 1,803,674$ 1,661,976$ 1,859,331$ 2,185,353$ 2,282,473$ 2,433,357$ 2,673,222$
<br />UTILITY FUND SUMMARY
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