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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 /> 2017 2018 2019 2020 2021
<br /> Utility enterprise funds
<br /> Water
<br /> Operating revenue $ 2,772,003 $ 314841687 $ 2,138,209 $ 2,541,651 $ 31057,474
<br /> Operating expenses 1,396,021 1,590,737 1,481,163 1,657,356 1,772,358
<br /> Operating income $ 1,375,982 $ 11893,950 $ 657,046 $ 884,295 $ 11285,116
<br /> Operating income as a percentage
<br /> of operating revenue 49.6 % 54.4 % 30.7 % 34.8 % 42.0 %
<br /> Sewer
<br /> Operating revenue $ 1,784,755 $ 211821944 $ 1,672,072 $ 1,714,469 $ 11805,614
<br /> Operating expenses 1,53504 115231670 1,628,839 1,723,238 11742,380
<br /> Operating income $ 249,091 $ 659,274 $ 43,233 $ (8,769) $ 63,234
<br /> Operating income(loss)as a
<br /> percentage of operating revenue 14.0 % 30.2 % 2.6 % (0.5) % 3.5 %
<br /> Street Light
<br /> Operating revenue $ 204,418 $ 2119360 $ 2171169 $ 216,545 $ 222,364
<br /> Operating expenses 159,378 160,952 171,619 169,463 178,576
<br /> Operating income $ 45,040 $ 50,408 $ 45,550 $ 471082 $ 43,788
<br /> Operating income as a percentage
<br /> of operating revenue 22.0 % 23.8 % 21.0 % 21.7 % 19.7 %
<br /> Recycling
<br /> Operating revenue $ 310,471 $ 317,090 $ 319,940 $ 31904 $ 440,097
<br /> Operating expenses 373,775 380,055 380,192 366,764 507,067
<br /> Operating income(loss) $ (63,304) $ (62,965) $ (60,252) $ (47,100) $ (66,970)
<br /> Operating income(loss)as a
<br /> percentage of operating revenue (20.4) % (19.9) % (18.8) % (14.7) % (15.2) %
<br /> Storm Water
<br /> Operating revenue $ 958,960 $ 110571705 $ 1,168,494 $ 1,164,868 $ 11197,572
<br /> Operating expenses 633,101 573,878 588,224 777,252 715,349
<br /> Operating income $ 325,859 $ 483,827 $ 580,270 $ 387,616 $ 482,223
<br /> Operating income as a percentage
<br /> of operating revenue 34.0 % 45.7 % 49.7 % 33.3 % 40.3 %
<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, 2021, with the exception of the Recycling Fund. This
<br /> loss was partially offset by the nonoperating county recycling grant.
<br /> Overall operating revenues totaled $6,723,121 in 2021, compared to $5,957,197 in the prior year. An
<br /> increase in consumption with more households and seasonal changes, along with approved rate
<br /> adjustments, contributed to the change over the prior year. The significant change in operating revenues
<br /> beginning in 2019 was due to a reporting change to present developer connection fees as capital
<br /> contributions. This reporting change primarily impacted the water and sewer utility operations. Overall
<br /> operating expenses totaled $4,915,730 in 2021, compared to $4,694,073 in the prior year. Spending was
<br /> up in supplies, other service charges, and depreciation, with an increase in population and households
<br /> serviced by the City's utility system.
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