FY 2017 Budget Highlights

WATER/SEWER FUND – FY2015 STATEMENT OF REVENUE EXPENSE & CHANGES IN NET POSITION Operating Revenues Service charges Delinquent fees Other revenues Total operating revenues $ 27,838,558 Nonoperating revenues (expenses) Investment earnings 67,251 Build America Bonds subsidy 1,029,924 28,935,733 303,840 328,633 Interest expense Miscellaneous expense (3,570,328) Gain/(loss) on capital assets (419,132) Total nonoperating revenues (expenses) (3,356,987) Net income/(loss) before contributions and transfers (5,817,581) Operating Expenses Personnel services 9,160,376 Operating expenses 8,351,228 Capital contributions 24,576,946 Supplies 1,741,090 Transfers out Repairs and maintenance 2,344,768 Total contributions and transfers in 24,576,946 Depreciation expense 9,798,865 Total operating expenses 31,396,327 Change in net position 18,759,365 Operating income (loss) (2,460,594) Net position - beginning of year 473,029,001 Net position - end of year $ 491,788,366 87

View entire presentation