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9
<br /> 1 Slide #9
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<br /> Financial TrcntlS—Prrtrprictary Funds
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<br /> OpEralrng rewnues 11,337,'9:�t 3 11-014.m 5 322,902
<br /> Owalirgexpens% 18019,577 11,CW.743 0,071,186)
<br /> Operalirgincorne 1,316,324 ;75..8041 1,3;x,128
<br /> Unrestnctedrel poshicn 7,94 :339 7.161672 463,994
<br /> Cperahrg cash flaw 4,239,293 2,264,2B7 1,961,963
<br /> Oerallcash tlosv 2,199,292 255,980 1,913,912
<br /> SwrWliex En6pFpdn Fund
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<br /> CWanngrevevues S 9,835,429 S 2,727,377 5 1,109,052
<br /> Operwirig xpenses 3,897,155 2,986,180 928,875
<br /> Oparatin9lnrome 451,72 (241,103) 179,377
<br /> Oiwtn€ted nEt position 344,385 (187,253) 511,634
<br /> Openatirig Cash now 977,972 237,789 743,183
<br /> Intadundiransfas 790,000 - 790,CM
<br /> 4}rerall tach flow 1,160,769 (107,406} 1,2 ,177
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<br /> 2 Av*3t1 2922
<br /> 3 Tim Lyons said both funds reported increases in operating income and unrestricted net
<br /> 4 position in 2022. He said both funds had positive operating cash funds, which is a key metric for
<br /> 5 any governmental entity operating an enterprise fund. He said the Solid Waste Fund reallocates
<br /> 6 a piece of the pension liability between governmental entities and the Solid Waste Fund. He said
<br /> 7 the Local Governmental Employee's Retirement System (LGERS) had a really good year in 2021,
<br /> 8 which will likely go the other way next year.
<br /> 9
<br /> 10 Slide #10
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<br /> Signiifkar tAcctlrutrdng Polk es
<br /> Manag ment lsrespuMb a rartl*%4KIJon and use W opproglate aaouMing polidEs,
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<br /> . Durrsg1heoffreniyear,theCounty mplenentedGm-arnrrmtallccDLrling5tasdardsADmd(C,456)StmenmrdflD.87.
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<br /> In cer®derisg the qua tatnreaspects of its polios,the County is not im+ohrd it any mrrhawarsial or errserrRsg issues
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<br /> Management Judgment/A,ccaun WL6matbes
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<br /> management-s knowledge and nperlence about past"current events and ws wpilor6 about rulure(tents,
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<br /> 11
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