2021 *2020201920182017
Statement of Net Position ($000)
Cash & Short-Term Investments38,41420,83517,34514,35912,768
Total Assets330,223180,789157,469137,181134,190
Total Debt113,82951,08945,62638,94139,600
Total Liabilities138,44666,87659,48851,23849,949
Unrestricted Fund Balance25,42614,70512,44310,48110,342
Total Fund Equity159,94099,12487,03675,49671,598
Statement of Revenues, Expenses and Changes in Net Position ($000)
Total Water / Sewer Sales Operating Rev40,38021,23619,23217,06616,759
Total Operating Exp33,27618,82116,54114,71014,206
Net Operating Income6,4003,5633,3502,7912,784
Revenue Over Expenses5,0573,0282,8272,3671,970
Liquidity
Days Cash on Hand558.6514.6498.7487.9444.9
Current Ratio4.764.894.804.654.45
Payment Period151.5151.2149.2147.8145.3
Capital
Average Age Net Fixed Assets (yrs)15.915.915.715.415.2
Long-Term Debt / Capitalization %41.738.138.137.538.6
Total Debt / Capitalization %43.8840.4840.8140.0741.49
Leverage
Current Debt Service Cov1.961.861.891.851.79
Cashflow / Total Debt %12.0412.9213.0513.0712.37
Financial Condition
EBIDA Margin %45.3943.5544.7243.6943.16
Operating Margin %21.8819.0518.8119.6319.23
Profit Margin %14.3913.4014.0013.9012.50
Profile
Total Water Customers28,73023,31222,10020,20619,820
Max Water Treatment Capacity (MGD)32.432.431.030.030.0
Total Sewer Customers31,63022,79721,43619,10318,571
Max Sewer Treatment Capacity (MGD)29.218.118.015.615.3
* 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.