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