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0 <br />$3.0 <br />$2.5 <br />$1.5 <br />$1.0 <br />$0.5 <br />Financial Results — Sewer Fund <br />Sewer Fund <br />Year Ended December 31, <br />2014 2015 2016 2017 2018 <br />Operating Expense � Depreciation Operating Revenue Income Before Depreciation <br />• Covering approximately <br />39% of depreciation. <br />— Increase from 36% in 2017 <br />— Peak was 78% in 2015 <br />•Operating revenues <br />increased 6.1% from prior <br />year. (usage and rate <br />increase). <br />•Cash and investments <br />provided by operations <br />$266K in 2018. <br />•Total cash and <br />investments of $4.4M and <br />operating expenses of <br />$3.3M. <br />0 <br />W <br />