2018 *2017201620152014
Statement of Net Position ($000)
Cash & Short-Term Investments15,41412,98511,48810,3918,891
Total Assets146,539137,053126,478117,437106,761
Total Debt41,67140,25639,34836,81134,197
Total Liabilities55,43551,37549,24144,82838,651
Unrestricted Fund Balance11,32010,5459,3798,1389,474
Total Fund Equity80,28674,17069,97562,98458,886
Statement of Revenues, Expenses and Changes in Net Position ($000)
Total Water / Sewer Sales Operating Rev18,37917,18415,86914,48913,500
Total Operating Exp15,91014,84213,77312,55011,784
Net Operating Income3,0342,8822,6232,2381,995
Revenue Over Expenses2,4952,0581,7361,3261,165
Days Cash on Hand490.6444.6421.5424.0391.9
Current Ratio4.674.434.324.274.13
Payment Period147.5145.1143.2142.2139.9
Average Age Net Fixed Assets (yrs)15.415.115.014.714.4
Long-Term Debt / Capitalization %
Total Debt / Capitalization %40.5841.7642.3743.1642.50
Current Debt Service Cov1.851.781.721.651.63
Cashflow / Total Debt %13.0712.3611.8211.0410.75
Financial Condition
EBIDA Margin %43.9043.1643.1342.3941.20
Operating Margin %19.7719.2619.3418.4418.23
Profit Margin %14.1012.5211.6210.359.61
Total Water Customers20,46220,10019,06918,63918,219
Max Water Treatment Capacity (MGD)
Total Sewer Customers19,54118,71818,05017,10415,841
Max Sewer Treatment Capacity (MGD)15.615.415.615.114.1
* 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.