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The following table presents five years of comparative operating results for each of the City's utility
<br />enterprise funds:
<br />Utility enterprise funds
<br />Water
<br />Operating revenue
<br />Operating expenses
<br />Operating income
<br />$ 1,633,461
<br />$ 1,821,386 $ 2,131,460 $ 1,997,302
<br />1,358,050 1,228,012 1,293,201
<br />$ 1,860,380
<br />1,221,211
<br />$ 337,740 $ 463,336 $ 903,448 $ 704,101 $ 639,169
<br />Operating income as a %
<br />of operating revenue
<br />20.7 %
<br />25.4 %
<br />42.4 %
<br />35.3 %
<br />34.4 %
<br />Sewer
<br />Operating revenue
<br />$ 1,261,609 $
<br />1,236,771
<br />$ 1,324,342 $
<br />1,341,674
<br />$ 1,393,157
<br />Operating expenses
<br />1,101,554
<br />1,149,318
<br />1,152,760
<br />1,190,551
<br />1,282,302
<br />Operating income
<br />$ 160,055 $
<br />87,453
<br />$ 171,582 $
<br />151,123
<br />$ 110,855
<br />Operating income as a %
<br />of operating revenue
<br />12.7 %
<br />7.1 %
<br />13.0 %
<br />11.3 %
<br />8.0 %
<br />Street Light
<br />Operating revenue
<br />$ 179,272 $
<br />178,850 $
<br />179,124 $
<br />177,158 $
<br />188,185
<br />Operating expenses
<br />158,369
<br />163,758
<br />165,651
<br />176,736
<br />161,733
<br />Operating income
<br />$ 20,903 $
<br />15,092 $
<br />13,473 $
<br />422 $
<br />26,452
<br />Operating income as a %
<br />of operating revenue
<br />11.7 %
<br />8.4 %
<br />7.5 %
<br />0.2 %
<br />14.1 %
<br />Recycling
<br />Operating revenue
<br />$ 294,617 $
<br />297,226 $
<br />296,358 $
<br />298,034 $
<br />309,160
<br />Operating expenses
<br />307,662
<br />302,947
<br />302,936
<br />308,629
<br />321,321
<br />Operating income (loss)
<br />$ (13,045) $
<br />(5,721) $
<br />(6,578) $
<br />(10,595) $
<br />(12,161)
<br />Operating income as a %
<br />of operating revenue
<br />(4.4) %
<br />(1.9) %
<br />(2.2) %
<br />(3.6) %
<br />(3.9) %
<br />Storm Water
<br />Operating revenue
<br />$ 617,598 $
<br />617,579 $
<br />647,169 $
<br />677,936 $
<br />706,135
<br />Operating expenses
<br />350,521
<br />410,666
<br />496,309
<br />491,370
<br />509,709
<br />Operating income
<br />$ 267,077 $
<br />206,913 $
<br />150,860 $
<br />186,566 $
<br />196,426
<br />Operating income as a %
<br />of operating revenue
<br />43.2 %
<br />33.5 %
<br />23.3 %
<br />27.5 %
<br />27.8 %
<br />As displayed in the table above, each of the individual enterprise funds was able to report positive
<br />operating results for the year ended December 31, 2014, with the exception of the Recycling Fund. This
<br />loss was covered by the County Recycling Grant which typically subsidizes these operations.
<br />Overall operating revenues totaled $4,457,017 in 2014 compared to $4,492,104 in the prior year.
<br />Increases for rate adjustments were offset by decreased consumption contributing to the steady level of
<br />revenues compared to the prior year. Expenses were also similar to the prior year, with $3,496,276 in
<br />2014 compared to $3,460,487 of spending incurred in 2013.
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