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7/10/2023
<br />6
<br />Financial Results
<br />Water and Sewer Enterprise Fund:
<br />–Sewer operations for the past five years are as follows:
<br />11
<br />$ -
<br />$100,000
<br />$200,000
<br />$300,000
<br />$400,000
<br />$500,000
<br />$600,000
<br />$700,000
<br />$800,000
<br />$900,000
<br />$1,000,000
<br />$1,100,000
<br />$1,200,000
<br />$1,300,000
<br />$1,400,000
<br />$ -
<br />$100,000
<br />$200,000
<br />$300,000
<br />$400,000
<br />$500,000
<br />$600,000
<br />$700,000
<br />$800,000
<br />$900,000
<br />$1,000,000
<br />$1,100,000
<br />$1,200,000
<br />$1,300,000
<br />2018 2019 2020 2021 2022
<br />Depreciation
<br />Other Operating Expenses
<br />MCES
<br />Operating Revenue
<br />Sewer Operations
<br />Revenue and Expenses
<br />Financial Results
<br />Liquor Fund:
<br />2022 operating income was $476,703
<br />$275,000 transferred to the General Fund
<br />$141,000 increase in cash balance to $1.38M
<br />12
<br />Sales $7,040,797 100.0% $7,259,565 100.0%
<br />Cost of sales 5,212,277 74.0% 5,431,563 74.8%
<br />Gross margin 1,828,520 26.0% 1,828,002 25.2%
<br />Operating expenses 1,351,817 19.2% 1,380,707 19.0%
<br />Income from operations 476,703 6.8% 447,295 6.2%
<br />Investment income & other (26,858) -0.4% (2,440) 0.0%
<br />Transfers out (275,000) -3.9% (250,000) -3.4%
<br />Net income 174,845 2.5% 194,855 2.7%
<br />2022 2021
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