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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 />Operating Results - Fiscal Year Ended December 31,
<br />2015 2016 2017 2018
<br />2019
<br />Utility enterprise funds
<br />Water
<br />Operating revenue $ 2,045,225 $ 1,953,478 $ 2,772,003 $ 3,484,687 $ 2,138,209
<br />Operating expenses 1,278,204 1,489,070 1,396,021 1,590,737 1,481,163
<br />Operating income $ 767,021 $ 464,408 $ 1,375,982 $ 1,893,950 $ 657,046
<br />Operating income as a percentage
<br />of operating revenue 37.5 %
<br />23.8 % 49.6 %
<br />54.4 % 30.7 %
<br />Sewer
<br />Operating revenue $ 1,392,101 $ 1,458,250 $ 1,784,755 $ 2,182,944 $ 1,672,072
<br />Operating expenses 1,291,509 1,438,141 1,535,664 1,523,670 1,628,839
<br />Operating income $ 100,592 $ 20,109 $ 249,091 $ 659,274 $ 43,233
<br />Operating income as a percentage
<br />of operating revenue 7.2 %
<br />Street Light
<br />Operating revenue
<br />Operating expenses
<br />Operating income
<br />Operating income as a percentage
<br />of operating revenue
<br />Recycling
<br />Operating revenue
<br />Operating expenses
<br />Operating income (loss)
<br />Operating income (loss) as a
<br />percentage of operating revenue
<br />Storm Water
<br />Operating revenue
<br />Operating expenses
<br />Operating income
<br />1.4% I4.0%
<br />30.2 % 2.6 %
<br />$ 190,872 $ 196,253 $ 204,418 $ 211,360 $ 217,169
<br />178,666 176,732 159,378 160,952 171,619
<br />$ 12,206 $ 19,521 $ 45,040 $ 50,408 $ 45,550
<br />6.4 % 9.9 % 22.0 % 23.8 % 21.0 %
<br />$ 307,128 $ 308,052 $ 310,471 $ 317,090 $ 319,940
<br />320,901 359,418 373,775 380,055 380,192
<br />$ (13,773) $ (51,366) $ (63,304) $ (62,965) $ (60,252)
<br />(4.5) % (16.7) % (20.4) % (19.9) % (18.8) %
<br />$ 770,812 $ 1,034,552 $ 958,960 $ 1,057,705 $ 1,168,494
<br />557,267 742,043 633,101 573,878 588,224
<br />$ 213 545 $ 292 509 $ 325 859 $ 483 827 $ 580 270
<br />Operating income as a percentage
<br />of operating revenue 27.7 %
<br />28.3 % 34.0 %
<br />45.7 % 49.7 %
<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, 2019, 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 $5,515,884 in 2019, compared to $7,253,786 in the prior year. This
<br />significant change was due to reduced water usage with significant rainfall during the year and a reporting
<br />change to present developer connection fees as nonoperating revenues in the current year. This reporting
<br />change impacted the water and sewer utility operations.
<br />Operating expenses were up slightly from the prior year, with $4,250,037 in 2019 compared to
<br />$4,229,292 of spending incurred in 2018, or an overall increase of 0.5 percent.
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