FY 2017 Budget Highlights
CASH FLOW BASIS
WATER & SEWER COVERAGE
2013
Net Income (Loss)
Add Back:
Depreciation expense
Interest expense
Cash Flow Available from Operations
Add:
$ (7,407,879)
2014
$ (7,328,186)
2015
$ (5,817,581)
2016*
$ (4,178,713)
9,694,115
9,774,024
9,798,865
9,858,209
4,308,223
3,742,746
6,594,459
6,188,584
3,570,328
7,551,612
4,681,546
10,361,042
Capital Contributions
36,011,030
25,481,073
Total Available Cash Flow
$ 42,605,489
$ 31,669,657
24,576,946
$ 32,128,558
20,000,000
$ 30,361,042
Total Available Cash Flow
$ 42,605,489
Water and Sewer Debt Service
$ 20,578,135
$ 31,669,657
$ 18,178,684
$ 32,128,558
$ 23,731,612
$ 30,361,042
$ 17,421,337
Debt Service Coverage
2.07
1.74
1.35
1.74
*FY2016 Estimates as of March 31, 2016
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