Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 5,899	$ 5,516
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	3,465	3,367
Stock-based compensation	57	34
Increase in deferred income taxes	90	1,381
Other	171	84
Changes in assets and liabilities:
(Increase) decrease in accounts receivable and unbilled revenues	15	(154)
(Increase) decrease in recoverable income taxes	(375)	282
Increase in materials and supplies, prepaid expenses, regulatory and other assets	(2,895)	(2,537)
Increase in accounts payable, accrued compensation and benefits, accrued expenses, deferred employee benefits, regulatory liabilities, and other deferred credits	2,635	1,173
Increase (decrease) in accrued interest and taxes	(531)	220
Net cash provided by operating activities	8,531	9,366
CASH FLOWS FROM INVESTING ACTIVITIES:
Utility plant additions, including debt portion of allowance for funds used during construction of $69 in 2018 and $178 in 2017	(6,606)	(13,867)
Acquisitions of water and wastewater systems	0	(472)
Cash received from surrender of life insurance policies	108	0
Net cash used in investing activities	(6,498)	(14,339)
CASH FLOWS FROM FINANCING ACTIVITIES:
Customers' advances for construction and contributions in aid of construction	625	773
Repayments of customer advances	(202)	(213)
Proceeds of long-term debt issues	12,544	7,911
Repayments of long-term debt	(11,721)	(4,426)
Changes in cash overdraft position	(143)	1,083
Repurchase of common stock	0	(1,263)
Issuance of common stock	1,146	1,018
Dividends paid	(4,282)	(4,117)
Net cash provided by (used in) financing activities	(2,033)	766
Net change in cash and cash equivalents	0	(4,207)
Cash and cash equivalents at beginning of period	2	4,209
Cash and cash equivalents at end of period	2	2
Cash paid during the period for:
Interest, net of amounts capitalized	2,601	2,329
Income taxes	$ 1,647	$ 20
Supplemental disclosure of non-cash investing and financing activities:
Accounts payable includes $1,624 in 2018 and $3,162 in 2017 for the construction of utility plant.
Short-term line of credit borrowings amounting to $1,000 were reclassified as long-term borrowings in 2018.