SFPUC - Annual Reports Building on Our Strengths | Page 16
FINANCIAL PERFORMANCE
NEW SUSTAINABLE HEADQUARTERS
The Statement of Revenues, Expenses, and Changes in Net Assets shows that the SFPUC continues to maintain strong financial
health. Our net assets have trended up over the last five years, increasing from $1.8 billion to $1.9 billion. This trend reflects strong
financial performance in areas that fund capital improvements, and that the SFPUC has effectively controlled its operating costs to not
exceed
which
growth
than
expected
due
exce
ed
d revenues, with
h the
h exception off fiscall year 22009-10
0099-10
00
10 whi
hich
h saw lless
ess revenue grow
th
h th
han expect
ed
dd
ue to water consumption.
Comparative Statements of Revenues, Expenses, and Changes in Net Assets
The SFPUC is moving toward a green and sustainable future while building its new headquarters and administration
building at 525 Golden Gate Avenue. With funding secured and necessary approvals in place, the expected LEED
Platinum-certified building will be completed in Spring 2012. The building will save ratepayers money over the long term
and sets a great example for sustainable and green building development across the nation.
ENVIRONMENTAL FEATURES:
For the Fiscal Years Ending 2006 - 2010 (Dollars in Thousands)
Demand of 33% less energy from the grid
compared to a typical office building
Revenues:
Charges for services
Interest
and
Inte
In
tere
est a
nd investment
inv
nves
estm
tmen
ent income
Rents
Rent
ntss and
and concessions
conc
co
nces
essi
sion
onss
All other revenues
reve
venu
nues
es
Total re
revenues
eve
venu
nues
es
FY 2005-06
FY 2006-07
FY 2007-08
FY 2008-09
FY 2009-10
488,511
20,614
8,997
30,235
30,2
235
487,140
36,774
10,144
39,867
524,259
22,975
9,870
63,353
562,024
13,240
9,645
28,969
579,077
14,617
8,829
32,327
32
2,327
27
548,357
54
573,925
620,457
62
20,
0,45
457
613,878
634,850
634,85
850
155,749
15
55,749
9
89,806
89,8
89
,806
46,397
46
6,3
,397
97
25,875
25,8
25
,875
,8
75
177,5