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08-08-22 CC Packet
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08-08-22 CC Packet
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8/8/2022 4:05:50 PM
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7/25/2025 11:50:38 AM
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City Meetings
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City Council
Meeting Doc Type
Agenda Packet
Date
8/8/2022
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UTILITY FUND WORKING CAPITAL SUMMARY (IN MILLIONS) <br />ActualBudgetEstimatedProjected <br />2020-212021-222021-222022-23 <br />Beginning Working Capital$ 9.08$ 9.68 9.68$ 8.55 <br />Revenues 8.70 8.26 8.24 8.33 <br />Expenditures 8.10 9.36 9.37 12.44 <br />Surplus (Deficit) 0.60 (1.10) (1.12) (4.10) <br />Ending Working Capital$ 9.68$ 8.57$ 8.55$ 4.45 <br />Days of Working Capital 436 334 333 131 <br />Targeted Days of Working Capital 120 120 120 120 <br />Estimated value of 131 days of working capital for FY 2022-23 is $4,088,248. <br /> <br />
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