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Historical Operating Results and Debt Service Coverage
<br />The table below describes the City's historic operating results, debt service coverage and excess
<br />revenues for the Water System for the Fiscal Years ending June 30, 2011, 2012 and 2013, excluding
<br />depreciation.
<br />TABLE 12
<br />City of Santa Ana
<br />Historical Debt Service Coverage
<br />Source: City of Santa Ana
<br />80A -175
<br />35
<br />2011
<br />2012
<br />2013
<br />Operating Revenues
<br />Charges for Services
<br />$47,471,674
<br />$49,027,532
<br />$50,835,116
<br />Miscellaneous
<br />311,755
<br />454,456
<br />503,686
<br />Total Operating Revenues
<br />$47,783,429
<br />$49,481,988
<br />$51,338,802
<br />Operating Expenses
<br />Cost of Water
<br />$17,248,260
<br />$20,659,625
<br />$18,258,688
<br />Maintenance and Operations
<br />25,312,879
<br />25,537,603
<br />23,298,677
<br />Total Operating Expenditures
<br />$42,561,139
<br />$46,197,228
<br />$41,557,365
<br />Net Operating Income
<br />$ 5,222,290
<br />$ 3,284,760
<br />$ 9,781,437
<br />Non - Operating Revenues:
<br />Investment Income
<br />$ 66,598
<br />$ 49,499
<br />$ 70,827
<br />Total Non - Operating Revenues
<br />$ 66,598
<br />$ 49,499
<br />$ 70,827
<br />Net Revenue
<br />$ 5,288,888
<br />$ 3,334,259
<br />$ 9,852,264
<br />Debt Service
<br />$ 1,717,526
<br />$ 1,719,341
<br />$ 1,718,301
<br />Debt Service Coverage
<br />Remaining Revenues
<br />$ 3,571,362
<br />$ 1,614,918
<br />$ 8,133,963
<br />Source: City of Santa Ana
<br />80A -175
<br />35
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