HomeMy WebLinkAbout10 Mid-Year Budget Review
WORKSHOP 2017Financial Performance Thru June Year Review of the District’s -Mid2017Financial Performance Thru June Year Review of the District’s -Mid August 2, 2017 ITEM #11
Mid to budgetWith severe winter increased expenses the District is tracking close •FEMA recovery funds were not considered in year end projections•cycle review March 2018-of-end / end-Year•year
review August 2, 2017 (tonight)-Mid•cycle review March 2017 (complete)-end/mid-Year•year review August 3, 2016 (complete)-Mid•actual resultsannual budget report comparison to -District
code requires semi•FY17 Budget approved November 18, 2015-•BACKGROUND / HISTORY Year Review of the District’s Financial Performance-MidYear Review of the District’s Financial Performance-
BACKGROUND / HISTORY FY17 Electric and Water Budget•Year Review of the District’s Financial Performance-MidYear Review of the District’s Financial Performance-Mid
Mid NEW INFORMATION Electric Operating Revenue as of June 30, 2017•Year Review of the District’s Financial Performance-MidYear Review of the District’s Financial Performance-
Mid NEW INFORMATION Electric Operating Expenses as of June 30, 2017•Year Review of the District’s Financial Performance-MidYear Review of the District’s Financial Performance-
Mid NEW INFORMATION Electric Capital Expenditures as of June 30, 2017•Year Review of the District’s Financial Performance-MidYear Review of the District’s Financial Performance-
Mid NEW INFORMATION Electric Capital Projections for Year End•Year Review of the District’s Financial Performance-MidYear Review of the District’s Financial Performance-
Mid NEW INFORMATION Water Operating Revenue as of June 30, 2017•Year Review of the District’s Financial Performance-MidYear Review of the District’s Financial Performance-
Mid NEW INFORMATION Water Operating Expenses as of June 30, 2017•Year Review of the District’s Financial Performance-MidYear Review of the District’s Financial Performance-
Mid NEW INFORMATION Water Capital Projections for Year End•Year Review of the District’s Financial Performance-MidYear Review of the District’s Financial Performance-
Mid NEW INFORMATION Water Capital Expenditures as of June 30, 2017•Year Review of the District’s Financial Performance-MidYear Review of the District’s Financial Performance-
FISCAL IMPACT There is no direct fiscal impact associated with this workshop•Year Review of the District’s Financial Performance-MidYear Review of the District’s Financial Performance-Mid
RECOMMENDATION Receive this report and provide comments•PerformanceYear Review of the District’s Financial -MidPerformanceYear Review of the District’s Financial -Mid