2012 CAFR - Encina Wastewater Authority

ENCINA WASTEWATER AUTHORITYChanges in Net Assets (in thousands)Last Ten Fiscal Years2012 2011 2010 2009 2008 2007 2006 2005 2004 2003Operating RevenuesMember Agency Assessments $ 12,384 $ 12,249 $ 12,863 $ 14,103 $ 12,121 $ 10,958 $ 10,314 $ 9,128 $ 8,502 $ 8,220Other Operating Revenues 266 354 286 266 376 492 259 238 260 215Total Operating Revenues 12,650 12,603 13,149 14,368 12,497 11,449 10,573 9,366 8,763 8,434Operating ExpensesUnit I ‐ Encina Plant Usage Costs 5,904 5,810 5,868 7,157 6,365 5,780 5,344 4,881 4,221 4,013Unit I ‐ Encina Plant Ownership Costs 3,754 3,800 4,265 4,098 3,560 3,018 3,022 2,888 2,991 2,796Unit J ‐ Encina Ocean Outfall 308 368 357 414 249 233 237 191 190 46Director's Meetings 57 70 59 61 56 40 40 37 39 21Flow Metering 273 274 256 246 368 299 141 131 125 107Subtotal Encina WastewaterPollution Control Facilities (EWPCF) 10,296 10,323 10,805 11,975 10,598 9,369 8,785 8,127 7,566 6,983Source Control 623 592 588 517 458 383 450 415 449 405Aqua Hedionda Pump Station 247 202 239 244 207 275 245 187 170 150Buena Vista Pump Station 348 343 335 370 340 379 294 304 274 262Buena Sanitation District Facilities 215 314 322 355 321 338 294 279 304 635Carlsbad Water Reclamation Facilities 772 703 733 740 694 607 506 54 ‐ ‐Raceway Basin Pump Station 147 126 127 167 139 97 ‐ ‐ ‐ ‐Depreciation 7,900 6,260 5,986 3,897 3,938 3,380 2,260 2,191 2,201 2,174Total Operating Expenses 20,549 18,863 19,135 18,265 16,694 14,829 12,833 11,557 10,964 10,608Operating Income (Loss) (7,900) (6,260) (5,986) (3,897) (4,197) (3,380) (2,260) (2,191) (2,201) (2,174)Nonoperating Revenues (Expenses)Net Gain (Loss) on Disposal of Capital Assets (841) (50) (849) (281) 75 (172) (223) (192) 895 121Investment & Other Capital Income 17 25 40 146 369 387 172 81 27 27Other Nonoperating Revenues ‐ ‐ ‐ 850 ‐ 200 ‐ 100 76 18Total Nonoperating Revenues (Expenses) (824) (25) (809) 715 445 415 (51) (11) 997 166Income (Loss) Before Contributions (8,724) (6,285) (6,796) (3,182) (3,752) (2,964) (2,311) (2,202) (1,203) (2,007)Capital ContributionsMember Agency Assessments 7,806 5,878 4,658 8,318 29,539 30,737 11,757 12,974 7,498 2,208Distributions to Member Agencies ‐ ‐ ‐ ‐ (4,000) ‐ ‐ ‐ ‐ (300)Total Capital Contributions 7,806 5,878 4,658 8,318 25,539 30,737 11,757 12,974 7,498 1,908Increase (Decrease) in Net Assets $ (917) $ (407) $ (2,138) $ 5,136 $ 21,786 $ 27,773 $ 9,446 $ 10,772 $ 6,295 $ (99)Source: Encina Wastewater AuthorityNotes:(1) FY 2010: Capital Revenues decreased from prior year resulting from Phase V Expansion project completion. Depreciation expense doubled from prior years due to capitalization of Phase V Expansion construction.(2) FY 2009: EWPCF operating expense higher than usual due to Phase V Expansion project start‐up activities.(3) FY 2009: Capital Revenues decreased from prior year resulting from substantial completion of Phase V Expansion project(4) FY 2008: Capital Revenues decreased from prior year resulting from completion of the Building Program(5) FY 2007: Capital Revenues increased from prior years due to commencement of two large capital facility projects(6) FY 2007: Depreciation increased from prior years due to completion and capitzliation of the Flow Equalization facility.(7) Other Nonoperating 5 Revenues in FY 2009 and FY 2007 represent Financial Reserve Contributions