| Days funded operating ratioWTR-Water |
Measure Definition & Importance |
The Days Funded Operations Ratio indicates the number of days of ongoing operations that can be funded by current cash and cash equivalents. The minimum target is 62 days of funded operations set by City Financial Management Policy Statements under Enterprise Fund Reserve Policy Section VI(A)(1).
Analysis | |
This data comes from the CAFR and will be available in March 2022. Email to FIN_FINANCIAL_REPORTING to request Reserve Requirement Supplement
Days funded operating ratio |
| AWWA Benchmarking |
Attributes |
-
WTR.1.1 Financial Viability
WTR-Water
Cash & Equivalents / Operating Expenses |
Days funded operating ratio |
Attachments |
Measure Data | Last Calculated 3 days ago |
| Period | | Status | Days Funded | Cash & equivalents | Operating expenses | Overall Target (If any) | High Variance (FY Target) | Low Variance |
|---|---|---|---|---|---|---|---|---|
| FY2013 | | On Target | 97.95 | $ 56,756.00 | $ 211,493.00 | 250.00 | 62.00 | 60.00 |
| FY2014 | | On Target | 99.70 | $ 61,929.00 | $ 226,719.00 | 250.00 | 62.00 | 60.00 |
| FY2015 | | On Target | 98.71 | $ 68,451.00 | $ 253,114.00 | 250.00 | 62.00 | 60.00 |
| FY2016 | | On Target | 116.38 | $ 82,630.00 | $ 259,156.00 | 250.00 | 62.00 | 60.00 |
| FY2017 | | On Target | 132.41 | $ 97,554.00 | $ 268,920.00 | 250.00 | 62.00 | 60.00 |
| FY2018 | | On Target | 146.48 | $ 115,818.00 | $ 288,602.00 | 250.00 | 62.00 | 60.00 |
| FY2019 | | On Target | 135.61 | $ 97,861.00 | $ 263,394.00 | 138.00 | 62.00 | 60.00 |
| FY2020 | | On Target | 171.46 | $ 135,007.87 | $ 287,406.33 | 149.00 | 62.00 | 60.00 |
| FY2021 | | Monitoring/No Info | 62.00 | 60.00 | ||||
| FY2022 | | Monitoring/No Info |
Data Source Details & Calculation Information |
Divide Water Utility Operating Expenses (excluding Depreciation) by 365 to calculate the Operating $ per Day. Next divide Cash and Equivalents by this number. These numbers come from the Comprehensive Annual Financial Report.
Days Funded = Cash and Equivalents / (Operating Expenses/365)
Measure Type |
Performance Liaison |
| SC | Sheree Collins (WTR-Water) |
Data Owner |
Target Type |
Measure ID |
399834
Administrator Notes |
Performance Liaison Notes |