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<br />City of Elk River
<br />Financial Analysis
<br />
<br />
<br />Storm Water Fund
<br />
<br />2020 2021 2022 2023 2024
<br />Cash and Investments $1,179,754 $1,433,529 $1,548,347 $1,921,645 $2,396,833
<br />Unrestricted Net Position 1,181,615 1,488,809 1,586,357 1,956,658 2,464,145
<br /> $-
<br /> $200,000
<br /> $400,000
<br /> $600,000
<br /> $800,000
<br /> $1,000,000
<br /> $1,200,000
<br /> $1,400,000
<br /> $1,600,000
<br /> $1,800,000
<br /> $2,000,000
<br /> $2,200,000
<br /> $2,400,000
<br /> $2,600,000
<br /> $2,800,000
<br /> $3,000,000
<br />Storm Water Fund
<br />
<br />As of December 31, 2024, the Storm Water Fund had an ending net cash and investment balance of
<br />$2,396,833. This is an increase of $475,188 compared to 2023. Unrestricted net position at year-end
<br />was $2,464,145 and also increased $507,487 compared to the prior year, the highest mark of the
<br />five-year period.
<br />Page 394 of 637
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