Wellsville's sewer fund ended fiscal 2025 with $9,491 in cash and a $190,000 advance
Wellsville's Wastewater Collection Fund reported a $320,810 operating loss in fiscal 2025 and ended the year with $9,491 in cash and a $190,000 cash advance owed to the Storm Water Fund. Grants and developer contributions lifted its net position by $347,432.
Continuing storyWellsville: property tax proposal, water bond and sewer fund
Wellsville's Wastewater Collection Fund, which pays to run the city's sewer collection system, ended the year ended June 30, 2025 with $9,491 in cash, according to the city's audited financial statements. It began the year with $488. [5]
The fund owed the city's Storm Water Fund $190,000. The audit's interfund note lists the amount as a "cash advance." [2][3]
Operating results
The fund took in $387,203 in operating revenue in fiscal 2025, nearly all of it charges for services. Its operating expenses were $708,013: $235,388 in salaries and wages, $211,745 in other operating expenses, $121,008 in supplies and $139,872 in depreciation. The operating loss was $320,810. [1]
With $28,958 in interest income, the fund's loss before contributions was $291,852. A $102,934 grant and $536,350 in developer contributions brought its change in net position to a gain of $347,432. [1]
The audit lists the developer contributions as non-cash items. [5]
Year-end position
The fund's total net position was $3,708,721 at June 30, 2025. Of that, $3,911,184 was net investment in capital assets, which is not cash, and unrestricted net position was a negative $202,463. [4]
In the cash flow statement, the change in the amount due to and from other funds added $177,883 to the fund's operating cash flow, which totaled $24,652. [5]
The auditor reported no findings for the year. [6]
The council noticed a Sept. 16, 2026 hearing on the final 2026/2027 budgets, including the Sewer Fund. The notice lists no figures. [7]
Figures are audited amounts as of or for the year ended June 30, 2025, not current balances. Net position includes capital assets and non-cash developer contributions and is not the same as cash. The auditor reported no findings for the year.
Sources
- Wellsville City · Financial statements for the year ended June 30, 2025 (Richey, May & Co., LLP), statement of revenues, expenses and changes in fund net position, proprietary funds storage.googleapis.com
- Wellsville City · Financial statements for the year ended June 30, 2025 (Richey, May & Co., LLP), statement of net position, proprietary funds storage.googleapis.com
- Wellsville City · Financial statements for the year ended June 30, 2025 (Richey, May & Co., LLP), note 11, due to/due from and interfund transfers storage.googleapis.com
- Wellsville City · Financial statements for the year ended June 30, 2025 (Richey, May & Co., LLP), statement of net position, proprietary funds (continued) storage.googleapis.com
- Wellsville City · Financial statements for the year ended June 30, 2025 (Richey, May & Co., LLP), statement of cash flows, proprietary funds storage.googleapis.com
- Wellsville City · Financial statements for the year ended June 30, 2025 (Richey, May & Co., LLP), schedule of findings storage.googleapis.com
- Wellsville City Council · Notice of public hearing on final 2026/2027 budgets, Sept. 16, 2026 utah.gov
Reporting by The Utah Ledger from the public records above. AI-assisted; paragraphs link to their sources.
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