2020 *2019201820172016
Statement of Net Position ($000)
Cash & Short-Term Investments32,79819,13214,84112,80311,377
Total Assets283,290178,343139,705135,065125,393
Total Debt97,21556,76239,67539,77739,093
Total Liabilities124,32672,23952,99850,06948,769
Unrestricted Fund Balance22,92413,76510,78510,3769,313
Total Fund Equity142,65295,23576,38971,87069,929
Statement of Revenues, Expenses and Changes in Net Position ($000)
Total Water / Sewer Sales Operating Rev36,28722,20517,30516,84415,460
Total Operating Exp31,00219,62514,99714,26513,649
Net Operating Income5,7703,8702,8592,8022,582
Revenue Over Expenses4,3723,2952,4121,9911,703
Liquidity
Days Cash on Hand506.6498.3490.5446.4421.7
Current Ratio4.774.764.694.464.35
Payment Period152.0146.4146.9144.8143.9
Capital
Average Age Net Fixed Assets (yrs)15.615.415.415.115.0
Long-Term Debt / Capitalization %41.139.637.738.639.7
Total Debt / Capitalization %42.9341.6840.2841.3942.25
Leverage
Current Debt Service Cov1.851.901.851.791.72
Cashflow / Total Debt %12.5212.7013.0412.3711.82
Financial Condition
EBIDA Margin %45.2745.1743.8343.1643.07
Operating Margin %19.4119.0819.6119.1819.19
Profit Margin %14.0013.9713.9912.5111.53
Profile
Total Water Customers27,35223,73120,41119,97018,925
Max Water Treatment Capacity (MGD)39.630.429.830.030.0
Total Sewer Customers31,26622,26019,28218,62517,726
Max Sewer Treatment Capacity (MGD)24.019.315.915.415.6
* 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.