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    January 20, 2024
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PUBLIC NOTICE James City Service Authority Summary Statement of Financial Condition As of June 30, 2023 and 2022 Current assets Noncurrent assets Total assets The following is a required publication under Section 30-140 of the Code of Virginia as amended: Statements of Net Position Deferred outflows of resources Current liabilities Noncurrent liabilities Total liabilities Total assets and deferred outflows of resources Deferred inflows of resources Net position: Net investment in capital assets Restricted for pensions Restricted for debt service Unrestricted James City County VIRGINIA Total net position Total liabilities, deferred inflows of resources and net position Operating revenues: Jamestown 1607 Water and sewer services Facility charges Other Total operating revenues Operating expenses: Personnel Materials and professional services Nonoperating expenses: Statements of Revenues, Expenses and Changes in Net Position 2023 Depreciation and amortization Total operating expenses Operating gain (loss) Capital contributions Change in net position Net position, beginning of year Net position, end of year Net nonoperating expenses Loss before capital contributions M. Douglas Powell General Manager 2022 (as restated) $ 68,797,507 154.515.556 222.526.486 223.313.063 2.390,840 2.193.677 $ 224,917,326 $ 225,506,740 $ 5,115,318 $ 4,800,552 26.754.513 27.072.259 31,869.831 1.192.233 2023 $ 65,338,394 157.188.092 132,964,313 133,822,621 1,142,756 882,704 865,171 58.008.245 54.681.324 191.855.262 190.511.872 $ 224,917,326 $ 225,506,740 19,206,566 1,433,205 542.741 21.182.512 8,666,017 6,928,544 8.239.658 23.834,219 (2.651.707) 31.872,811 3.122.057 (72.913) (2.724,620) 4.068.010 1,343,390 2022 18,413,514 2,811,965 738,626 21.964,105 7,564,177 5,549,835 8.089.390 21.203.342 760,763 (3.000.272) (2,239,509) 2.121.505 (118,004) 190.511.872 190.629.876 $191,855,262 $ 190,511,872 Detailed financial statements are available for inspection at the James City Service Authority, 119 Tewning Road, Williamsburg, Virginia 23188. PUBLIC NOTICE James City Service Authority Summary Statement of Financial Condition As of June 30 , 2023 and 2022 Current assets Noncurrent assets Total assets The following is a required publication under Section 30-140 of the Code of Virginia as amended : Statements of Net Position Deferred outflows of resources Current liabilities Noncurrent liabilities Total liabilities Total assets and deferred outflows of resources Deferred inflows of resources Net position : Net investment in capital assets Restricted for pensions Restricted for debt service Unrestricted James City County VIRGINIA Total net position Total liabilities , deferred inflows of resources and net position Operating revenues : Jamestown 1607 Water and sewer services Facility charges Other Total operating revenues Operating expenses : Personnel Materials and professional services Nonoperating expenses : Statements of Revenues , Expenses and Changes in Net Position 2023 Depreciation and amortization Total operating expenses Operating gain ( loss ) Capital contributions Change in net position Net position , beginning of year Net position , end of year Net nonoperating expenses Loss before capital contributions M. Douglas Powell General Manager 2022 ( as restated ) $ 68,797,507 154.515.556 222.526.486 223.313.063 2.390,840 2.193.677 $ 224,917,326 $ 225,506,740 $ 5,115,318 $ 4,800,552 26.754.513 27.072.259 31,869.831 1.192.233 2023 $ 65,338,394 157.188.092 132,964,313 133,822,621 1,142,756 882,704 865,171 58.008.245 54.681.324 191.855.262 190.511.872 $ 224,917,326 $ 225,506,740 19,206,566 1,433,205 542.741 21.182.512 8,666,017 6,928,544 8.239.658 23.834,219 ( 2.651.707 ) 31.872,811 3.122.057 ( 72.913 ) ( 2.724,620 ) 4.068.010 1,343,390 2022 18,413,514 2,811,965 738,626 21.964,105 7,564,177 5,549,835 8.089.390 21.203.342 760,763 ( 3.000.272 ) ( 2,239,509 ) 2.121.505 ( 118,004 ) 190.511.872 190.629.876 $ 191,855,262 $ 190,511,872 Detailed financial statements are available for inspection at the James City Service Authority , 119 Tewning Road , Williamsburg , Virginia 23188 .