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08/10/2016
<br /> Sewer Fund
<br /> Actual Budget Budget Estimate
<br /> 2013 2014 2015 2016 2017 2018
<br /> Operating Revenues
<br /> Usage Fee 1,604,673 1,689,080 1,812,117 1,860,000 1,915,000 1,970,000
<br /> Other 8,603 45,061 6,359 3,300 4,000 4,000
<br /> Total Operating Revenues 1,613,276 1,734,141 1,818,476 1,863,300 1,919,000 1,974,000
<br /> Operating Expenses(including depreciation)
<br /> Personal Services 500,867 464,622 453,554 532,650 553,550 571,850
<br /> Supplies 130,128 136,169 108,816 217,800 206,800 209,300
<br /> Depreciation 977,931 977,931 1,017,240 1,424,350 1,425,000 1,425,000
<br /> Other Services&Charges 689,168 460,139 461,914 517,200 552,000 589,150
<br /> Total Operating Expenses 2,298,094 2,038,861 2,041,524 2,692,000 2,737,350 2,795,300
<br /> Net Operations(including depreciation) (684,818) (304,720) (223,048) (828,700) (818,350) (821,300)
<br /> Non-operating revenues(expenses)
<br /> Connection Charges 629,092 560,580 748,936 492,700 500,000 500,000
<br /> Investment income (232,971) 297,200 90,135 80,000 80,000 80,000
<br /> Other income(expense) - - 1,718,360 800,000 - -
<br /> Total non operating revenue(expenses) 396,121 857,780 2,557,431 1,372,700 580,000 580,000
<br /> Cash Available for Capital Outlay
<br /> Net operations including depreciation(line 20) (684,818) (304,720) (223,048) (828,700) (818,350) (821,300)
<br /> Add non operating revenues(line 29) 396,121 857,780 2,557,431 1,372,700 580,000 580,000
<br /> Add back depreciation(line 16 ) 977,931 977,931 1,017,240 1,424,350 1,425,000 1,425,000
<br /> Other Reconciliations to income (215,111) 5,790 (325,539)
<br /> Transfers In(out) (115,000) (118,650) 880,000 (100,000) (125,000) (125,000}
<br /> Total Cash Available for Capital Outlay 359,123 1,418,131 3,906,084 1,868,350 1,061,650 1,058,700
<br /> Cashflows from Capital Activities
<br /> Capital(from CIP and Operating Budgets) - (1,929,636) (10,820,930) (5,012,000) (100,500) -
<br /> Bond Proceeds 9,984,625 -
<br /> Existing Debt(P&I) (200,293) (571,659) - - - -
<br /> Debt(P&I)-2014 Bonds(20 Yr Term at 2.96%) - (261,49 66772,,400 (669,350) (671,150)
<br /> Total Cashflow from Capital Activities (200,293) 7,483,330 (11,082,429) (5,684,400) (769,850) (671,150)
<br /> Cash Flow 158,830 8,901,461 (7,176,345) (3,816,050) 291,800 387,550
<br /> Beginning Cash 5,287,842 5,446,672 14,348,133 7,171,788 3,355,738 3,647,538
<br /> Ending Cash balance 5,446,672 14,348,133 7,171,788 3,355,738 3,647,538 4,035,088
<br /> Target cash reserve amount(note 1) 1,720,706 1,280,930 1,693,162 2,015,350 2,039,825 2,065,455
<br /> Total Cash Available(line 55-Line 58) 3,725,966 13,067,204 5,478,626 1,340,388 1,607,713 1,969,633
<br /> Capital outlay coverage 1.79 (0.19) 0.35 0.33 1.38 1.58
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