Laserfiche WebLink
$3,500,000 <br />$3,000,000 <br />$2,500,000 <br />$2,000,000 <br />$1,500,000 <br />$1,000,000 <br />$500,000 <br />s- <br />Water Fund Cash Flow <br />2011 2011 Receipts 2012 2012 Receipts 2013 2013 Receipts 2014 2014 Receipts <br />Disbursements Disbursements Disbursements Disbursements <br />■ Operating costs ■ Debt payments ■ Other (capital, interfund, etc.) ■ Operating receipts ■ Other (interest connection fees, etc.) <br />$4,000,000 <br />$3,500,000 <br />$3,000,000 <br />$2,500,000 <br />$2,000,000 <br />$1,500,000 <br />$1,000,000 <br />$500,000 <br />Water Fund Cash Balance <br />2010 2011 2012 2013 <br />Unrestricted (Unrestricted designated reserve* <br />* Unrestricted Designated Reserve: This reserve is established to address the short-term financial variability inherent in operating <br />a Water Utility. Potential sources of this variability include but are not limited to: risks associated with natural disasters, reduction <br />in overall customer usage, changes in total system usage resulting from the actions of large customers, failure to achieve budgeted <br />levels of net income, changes in interest income, and general operational exposures. <br />The target level for this reserve, included as the red line in the chart above, is 6 months operating expenditures less depreciation <br />plus the sum of next year's total principal and interest payments. The balance above this target level shall be unrestricted. <br />For more information, see separately issued Elk River Municipal Utilities report. <br />-15- <br />People <br />+Prowls. <br />Doing <br />Beyondthe <br />Numbers <br />