2020 *2019201820172016
Statement of Net Position ($000)
Cash & Short-Term Investments23,67918,48614,57212,85411,421
Total Assets200,620169,394138,322135,065125,393
Total Debt62,69950,19239,14939,68439,093
Total Liabilities81,67466,26251,87850,01848,769
Unrestricted Fund Balance16,84713,32410,66510,3769,313
Total Fund Equity111,28092,28175,92671,83169,929
Statement of Revenues, Expenses and Changes in Net Position ($000)
Total Water / Sewer Sales Operating Rev25,92420,75217,18216,82415,435
Total Operating Exp22,89917,87214,92514,26513,649
Net Operating Income4,1403,6082,8242,7972,582
Revenue Over Expenses3,4323,0832,3891,9911,703
Days Cash on Hand509.3495.9488.2446.4422.3
Current Ratio4.844.764.654.474.35
Payment Period152.1147.8147.3145.0143.9
Average Age Net Fixed Assets (yrs)15.815.515.415.215.0
Long-Term Debt / Capitalization %39.538.937.638.639.7
Total Debt / Capitalization %41.9541.2540.1041.3242.25
Current Debt Service Cov1.821.891.851.791.72
Cashflow / Total Debt %12.2912.7613.0612.3811.82
Financial Condition
EBIDA Margin %44.2944.9243.6943.1443.07
Operating Margin %19.2818.9319.5619.1819.19
Profit Margin %13.3513.9914.0012.5111.53
Total Water Customers25,29822,88120,21919,91618,923
Max Water Treatment Capacity (MGD)33.530.830.030.030.0
Total Sewer Customers24,30821,89319,30218,64817,726
Max Sewer Treatment Capacity (MGD)
* 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.