FY 2017 Budget Highlights

WATER/SEWER FUND – FY2015 STATEMENT OF NET POSITION Assets Cash and cash equivalents $ 68,336,271 Liabilities Accounts payable $ 3,325,624 Receivables, net of allow. 11,322,971 Payroll and benefits 458,658 Inventories 139,055 Unearned revenues 1,260,039 Investments 7,003,060 Other liabilities 2,442,962 Capital assets 545,450,062 GO bonds and notes 162,408,651 Accumulated depreciation (127,076,974) Total Liabilities 169,895,934 Construction in progress 150,932,461 Total Assets 656,106,906 Net Position Deferred Outflows of Resources Deferred charge on refunding 5,577,394 Net investment in capital assets Restricted for capital projects Unrestricted Total net position 414,007,584 1,533,292 76,247,490 $ 491,788,366 86

View entire presentation