Wellsville's sewer fund ended fiscal 2025 with $9,491 in cash and a $190,000 advance

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]