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HomeMy WebLinkAbout14 Mid-Year Budget Review WORKSHOP ITEM #14 June 2018Financial Performance Year Review of the District’s -MidJune 2018Financial Performance Year Review of the District’s -Mid August 1, 2018 Mid cycle review March 2020-of-end / end-Year•year review August 7, 2019 -Mid•cycle review March 2018 -end/mid-Year•year review August 1, 2018 (tonight)-Mid•actual resultsannual budget report comparison to -District code requires semi•FY19 Budget approved November 15, 2017-•BACKGROUND / HISTORY Year Review of the District’s Financial Performance-MidYear Review of the District’s Financial Performance- BACKGROUND / HISTORY Contributed Capital•Depreciation •Amortization•Year end revenue accruals•Budget excludes•FY18 Electric and Water Budget•Year Review of the District’s Financial Performance-MidYea r Review of the District’s Financial Performance-Mid Mid NEW INFORMATION Electric Operating Revenue as of June 30, 2018•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, 2018•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, 2018•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, 2018•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, 2018•Year Review of the District’s Financial Performance-MidYear Review of the District’s Financial Performance- Mid NEW INFORMATION Ratios derived from Standard Financials•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