2022 *2021202020192018
Statement of Net Position ($000)
Cash & Short-Term Investments22,41320,33118,12216,60614,224
Total Assets184,308166,895153,241143,981135,962
Total Debt53,67546,30842,83840,56238,806
Total Liabilities67,20661,25156,26853,07850,976
Unrestricted Fund Balance19,13915,67113,01812,00010,308
Total Fund Equity107,46596,68788,96182,79574,463
Statement of Revenues, Expenses and Changes in Net Position ($000)
Total Water / Sewer Sales Operating Rev22,91820,46319,08617,98517,043
Total Operating Exp19,66417,88816,74415,83314,685
Net Operating Income4,4863,9433,1483,1262,772
Revenue Over Expenses3,5163,2672,6892,6472,356
Days Cash on Hand580.0553.6513.8498.2485.9
Current Ratio4.934.984.954.784.65
Payment Period163.9155.2147.5147.8147.6
Average Age Net Fixed Assets (yrs)16.516.316.115.815.5
Long-Term Debt / Capitalization %37.036.836.737.037.3
Total Debt / Capitalization %39.5338.9839.2539.9040.02
Current Debt Service Cov2.032.071.911.901.85
Cashflow / Total Debt %13.8514.0213.4213.5313.09
Financial Condition
EBIDA Margin %44.9144.4943.1544.2743.65
Operating Margin %21.7121.3718.8318.6319.51
Profit Margin %15.6714.8813.5114.0113.88
Total Water Customers23,54421,24320,63920,32719,736
Max Water Treatment Capacity (MGD)
Total Sewer Customers21,33619,90319,59319,20818,553
Max Sewer Treatment Capacity (MGD)15.615.515.916.015.6
* 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.