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HomeMy WebLinkAbout16 Power Point FY19 Year-End Review ACTION ITEM #16 End Transfer-Consideration of a Yearb)End Financial Results-FY19 Yeara)Budget ReviewCycle -OF-End End Transfer-Consideration of a Yearb)End Financial Results-FY19 Yeara)Budget ReviewCycle -OF-End MARCH 4, 2020 FY19 Year end results-reliminary FY19 yearP•-of-March 4, 2020 (tonight) end•year review of FY19-August 7, 2019 mid•end results-reliminary FY18 yearP•reviewcycle -midMarch 6, 2018 •year review of FY18-August 1, 2018 mid•FY19 Budget& FY18 Board adopted November 14, 2017, •cycle FY18 and FY19budget year -2•st Fiscal Year ends December 31•Budget process BACKGROUND / HISTORY End Financial Results and Transfers-FY19 YearEnd Financial Results and Transfers- BACKGROUND / HISTORY Contributed Capital•Depreciation •Amortization•Year end revenue accruals•Budget excludes•FY19 Electric and Water Utility Budget•End Financial Results and Transfers-YearFY19 End Financial Results and Transfers-YearFY19 FY19 ) December 2019Thousands(Preliminary Consolidated Operating Statement NEW INFORMATION TransfersEnd Financial Results and -YearFY19 TransfersEnd Financial Results and -Year FY19 Electric Utility, December 2019)ThousandsPreliminary Operating Statement (NEW INFORMATION TransfersEnd Financial Results and -YearFY19 TransfersEnd Financial Results and -Year FY19 NEW INFORMATION TransfersEnd Financial Results and -YearFY19 TransfersEnd Financial Results and -Year FY19 Water Utility, December 2019)ThousandsPreliminary Operating Statement (NEW INFORMATION TransfersEnd Financial Results and -YearFY19 TransfersEnd Financial Results and -Year NEW INFORMATION TransfersEnd Financial Results and -YearFY19 TransfersEnd Financial Results and -YearFY19 FY19 FISCAL IMPACT TransfersEnd Financial Results and -YearFY19 TransfersEnd Financial Results and -Year FISCAL IMPACT alignment with the Board approved FY18 and FY19 BudgetAs shown on the previous slide overall fiscal impact is in •TransfersEnd Financial Results and -YearFY19 TransfersEnd Financial Results and -YearFY19 RECOMMENDATION and TransfersEnd Financial Results -YearFY19 and TransfersEnd Financial Results -YearFY19 Electric Capital Replacement Reserve ransfer $1,000,000 from the Electric General Fund to the TAuthorize the 2.Accept this report1. FY19 and TransfersEnd Financial Results -YearFY19 and TransfersEnd Financial Results -Year NEW INFORMATION Balance as of December 31, 2019 including interest is $1,430,706•$2,233,621Spending in the past 5 years •$3,151,225Fees collected in past 5 years •Facilities FeesWater •Balance as of December 31, 2019 including interest is $918,914•Spending in the past 5 years $404,190•Fees collected in past 5 years were $1,083,487•Electric Facilities Fees•year period-In compliance with spending facilities fees within the mandated 5•Facilities Fees•TransfersEnd Financial Results and -YearFY19 TransfersEnd Financial Results and -YearFY19 FY19 TransfersEnd Financial Results and -YearFY19 TransfersEnd Financial Results and -Year FY19 TransfersEnd Financial Results and -YearFY19 TransfersEnd Financial Results and -Year