Loading...
HomeMy WebLinkAbout13 Mid-Year Budget Review WORKSHOP ITEM #13 2016Financial Performance Thru June Year Review of the District’s -Mid2016Financial Performance Thru June Year Review of the District’s -Mid August 3, 2016 Mid cycle review in February 2018-of-end / end-Year•year review in August 2017-Mid•cycle review in February 2017-end/mid-Year•year review August 3, 2016 (tonight)-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- NEW INFORMATION FY16 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, 2016•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, 2016•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, 2016•Year Review of the District’s Financial Performance-MidYear Review of the District’s Financial Performance- Mid NEW INFORMATION Electric Capital Expenditures FY16•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, 2016•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, 2016•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, 2016•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, 2016•Year Review of the District’s Financial Performance-MidYear Review of the District’s Financial Performance- Mid NEW INFORMATION Establish an IT Master Plan•Worker’s Compensation Insurance•Other Post Employee Benefits (OPEB)•Establish a Benefit Liability Risk Reserve•Future Considerations•Year Review of the District’s Financial Performance-MidYear Review of the District’s Financial Performance- FISCAL IMPACT No budget adjustments recommended at this time•Year Review of the District’s Financial Performance-MidYear Review of the District’s Financial Performance-Mid RECOMMENDATION Receive this report and provide direction to staff•PerformanceYear Review of the District’s Financial -MidPerformanceYear Review of the District’s Financial -Mid Mid Additional Slides PerformanceYear Review of the District’s Financial -MidPerformanceYear Review of the District’s Financial - Mid NEW INFORMATION Electric Summary as of June 30, 2016•Year Review of the District’s Financial Performance-MidYear Review of the District’s Financial Performance- Mid NEW INFORMATION Water Summary as of June 30, 2016•Year Review of the District’s Financial Performance-MidYear Review of the District’s Financial Performance- Mid Reserve Balance Projections•NEW INFORMATION Year Review of the District’s Financial Performance-MidYear Review of the District’s Financial Performance-