2019 *2018201720162015
Statement of Net Position ($000)
Cash & Short-Term Investments35,23415,38912,98511,48910,393
Total Assets367,301145,550137,053126,571117,454
Total Debt118,99641,67140,21939,32436,777
Total Liabilities147,26855,41951,19749,21144,935
Unrestricted Fund Balance24,61111,29610,5459,3568,158
Total Fund Equity172,44680,25474,17069,98862,925
Statement of Revenues, Expenses and Changes in Net Position ($000)
Total Water / Sewer Sales Operating Rev40,32818,36417,18215,86714,465
Total Operating Exp34,99615,91014,76713,77912,560
Net Operating Income7,2563,0152,8762,6222,237
Revenue Over Expenses5,9952,4762,0451,7321,322
Liquidity
Days Cash on Hand511.8490.5444.6421.8424.0
Current Ratio4.554.664.454.334.27
Payment Period154.6147.5145.0143.1142.6
Capital
Average Age Net Fixed Assets (yrs)15.315.415.115.014.7
Long-Term Debt / Capitalization %39.438.039.039.840.9
Total Debt / Capitalization %42.1840.5841.7442.3643.16
Leverage
Current Debt Service Cov1.921.851.781.731.66
Cashflow / Total Debt %12.8613.0412.3711.8211.04
Financial Condition
EBIDA Margin %46.2343.8543.1043.0842.38
Operating Margin %20.0019.7219.2319.2618.44
Profit Margin %14.4214.0512.4311.6110.34
Profile
Total Water Customers33,55020,61120,02519,06718,639
Max Water Treatment Capacity (MGD)43.530.030.030.032.0
Total Sewer Customers40,69919,66218,89218,28417,136
Max Sewer Treatment Capacity (MGD)33.315.915.515.615.0
* 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.