2022 *2021202020192018
Statement of Net Position ($000)
Cash & Short-Term Investments15,28012,71011,56310,81810,187
Total Assets104,18590,20375,77468,65367,080
Total Debt15,49414,01211,4949,71110,140
Total Liabilities35,64928,43823,84120,20919,780
Unrestricted Fund Balance13,47712,14410,2339,4668,668
Total Fund Equity61,13954,52450,20545,65042,931
Statement of Revenues, Expenses and Changes in Net Position ($000)
Tot Electric Sales Op Rev36,95030,82328,85727,56728,081
Total Operating Exp41,84833,70830,30029,03929,066
Net Operating Income3,6763,1472,6632,4012,620
Revenue Over Expenses3,3092,7762,3552,3902,491
Days Cash on Hand191.4197.3193.8176.0160.2
Current Ratio3.924.014.033.893.77
Payment Period68.
Average Age Net Fixed Assets (yrs)17.317.216.616.416.4
Long-Term Debt / Capitalization %22.822.621.220.019.6
Total Debt / Capitalization %25.2924.6823.3222.2122.16
Current Debt Service Cov3.
Cashflow / Total Debt %26.9528.9730.0933.2430.53
Financial Condition
EBIDA Margin %18.7119.5319.5019.1318.90
Operating Margin %9.799.638.828.838.99
Profit Margin %8.208.828.418.698.34
Total Electric Sales (in MWh)419,450419,871398,132342,275359,391
Residential Customers13,73713,79812,90510,85710,667
Total Customers15,34315,16913,67712,22712,142
Cost to KWh10.399.669.289.319.37
Revenues to KWh11.40010.68410.21410.28610.235
* Median values are based upon the number of audits received at any given point in time. Therefore, the median values for the most recent year(s) are subject to frequent updating and may not yet accurately characterize the median values of a complete sample size.