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HomeMy WebLinkAbout12, Mid-Year Budget Review of the District's Financial Performance Workshop # 12 July 18, 2012 June 2012Financial Performance through Year Review of the District’s -Mid Mid 2 cycle review in February 2014-of-end / end-Year–year review in July 2013-Mid–cycle review in February 2013-end / mid-Year–year review in July 2012 (tonight)-Mid–comparison to actual resultsannual budget report -District Code requires semi•FY13 Budget approved November 16, 2011–FY12 •Background / History Financial PerformanceYear Review of the District’s - Mid 3 FY12 Electric and Water Budget Background / History Financial PerformanceYear Review of the District’s - New Information Financial PerformanceYear Review of the District’s -Mid 4 Electric Operating Revenue as of June 30, 2012 New Information Financial PerformanceYear Review of the District’s -Mid 5 Electric Operating Expenses as of June 30, 2012 New Information Financial PerformanceYear Review of the District’s -Mid 6 Electric Capital Expenditures as of June 30, 2012 New Information Financial PerformanceYear Review of the District’s -Mid 7 Water Operating Revenue as of June 30, 2012 New Information Financial PerformanceYear Review of the District’s -Mid 8 Water Operating Expenses as of June 30, 2012 New Information Financial PerformanceYear Review of the District’s -Mid 9 Water Capital Expenditures as of June 30, 2012(cont) Fiscal Impact Financial PerformanceYear Review of the District’s -Mid 10 overs and reserve increases-be available for project carryend, net operating revenue in excess of budget will -At year•No budget adjustment recommended at this time• Recommendation Financial PerformanceYear Review of the District’s -Mid 11 Receive this report and provide direction to staff•