HomeMy WebLinkAbout2019-17-07,-Agenda Item # Ll
TRUCKEE DONNER
Public Utility District
FINANCE BUSINESS ITEM
To:
Board of Directors
From:
Regina Wise
Date:
July 17, 2019
Subject: Consideration of Accepting the Annual Report and Financial
Statements
1. WHY THIS MATTER IS BEFORE THE BOARD
Approval of the annual disclosure report and audited financial statements is solely
within the purview of the Financing Corporation Board.
2. HISTORY
The Financing Corporation Board reviews and approves the annual disclosure report.
Also, provided is a copy of the most recent audited financial statements of the
Truckee Donner Public Utility District.
The annual disclosure report is prepared according to the requirements of the
continuing disclosure statements for the refunded 2015 Certificates of Participation.
3. NEW INFORMATION
Attached are the following reports:
• Certificates of Participation (Water System Improvements) Series 2015 -
Refunded Portion Annual Report as of December 31, 2018 (Attachment 1);
• Truckee Donner Public Utility District Consolidated annual audited financial
statements as of December 31, 2018 (Attachment 2); and
• Truckee Donner Public Utility District Primary Government Only annual audited
financial statements as of December 31, 2018 (Attachment 3).
4. FISCAL IMPACT
There is no fiscal impact associated with this action.
5. RECOMMENDATION
Approve the annual disclosure report and audited financial statements for the 2015
Certificate of Participation continuing disclosure requirements.
Regina Wise
Treasurer
Michael D. Holley
Secretary