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Home My WebLink About2019-05-28 - Resolution No. 2019-18 RESOLUTION NO. 2019-18 RESOLUTION OF THE BOARD OF DIRECTORS OF THE YORBA LINDA WATER DISTRICT ADOPTING THE OPERATING BUDGET FOR FISCAL YEARS 2020 AND 2021 AND RESCINDING RESOLUTION NO. 18-23 WHEREAS, the Yorba Linda Water District has prepared a two-year budget for Fiscal Years 2020 and 2021; and WHEREAS, on May 28, 2019 the proposed "Draft" Budget for Fiscal Years 2020 and 2021 was presented and reviewed at a meeting of the Board of Directors of the District; and WHEREAS, it is the desire of the Board of Directors to adopt the Budget for Fiscal Years 2020 and 2021, and rescind Resolution No. 18-23. NOW THEREFORE BE IT RESOLVED by the Board of Directors of the Yorba Linda Water District as follows: Section 1. That the Budget for Fiscal Years 2020 and 2021, set forth in Exhibit "A" and attached hereto, is hereby approved and adopted. Section 2. The Budget for Fiscal Years 2020 and 2021 is in full force and effect beginning July 1, 2019, and continuing until this Resolution is rescinded by the Board of Directors. Section 3. That Resolution No. 18-23 is hereby rescinded effective July 1, 2019. PASSED AND ADOPTED this 28th day of May 2019 by the following called vote: AYES: Directors Hall, Hawkins, Jones, and Miller NOES: Director Nederhood ABSTAIN: None ABSENT: None /�� Brooke Jones, President Yorba Linda Water District ATTEST: Annie Alexander, Board Secretary Yorba Linda Water District Resolution No.2019-18 Adopting the Budget for Fiscal Years 2020 and 2021 1 Reviewed as to form by General Counsel: An rd ew B.�Ga'�l Esq., Kidman Gag Law LL Resolution No.2019-18 Adopting the Budget for Fiscal Years 2020 and 2021 2 Yorba Linda Water District rrrr�1,i14�i8�Uty!'i"rri�n`t ITT 11 fill 1. C , �C a CD FY70 FY?w I inanci* a. Summaiies 2-Year (FY20 & FY21) Operating Budget Financial Summaries 2 | P a g e Total Revenue & Expenses [Water & Sewer ] FY18 Actual FY19 Budget FY19 Forecast FY20 Budget FY21 Budget Revenue (Operating): Water Revenue (Residential) $ 16,151,211 $ 16,592,437 $ 15,335,194 $ 16,548,758 $ 16,946,962 Water Revenue (Commercial & Fire Det.) 1,897,346 1,964,205 1,834,606 1,872,073 1,969,765 Water Revenue (Landscape/Irrigation) 4,031,102 3,863,805 3,552,435 3,917,982 4,056,592 Service Charges 10,002,493 10,116,528 10,046,253 10,988,263 12,011,758 Sewer Charge Revenue 2,064,083 2,229,246 2,188,390 2,421,665 2,447,582 Sewer Parcel Assessments 266,726 273,250 278,967 324,173 324,173 Other Operating Revenue 831,733 894,617 993,202 964,708 1,017,210 Total Operating Revenue 35,244,694 35,934,088 34,229,047 37,037,621 38,774,042 Revenue (Non-Operating): Interest 518,600 358,000 684,563 812,306 838,230 Property Tax 1,749,957 1,850,000 1,770,314 1,820,471 1,850,000 Other Non-Operating Revenue 413,465 639,846 704,319 632,910 662,438 Total Non-Operating Revenue 2,682,022 2,847,846 3,159,196 3,265,687 3,350,669 Total Revenue $ 37,926,716 $ 38,781,934 $ 37,388,243 $ 40,303,307 $ 42,124,710 Expenses (Operating): Variable Costs Water-Related Costs $ 12,644,569 $ 12,247,280 $ 11,900,339 $ 12,485,582 $ 13,665,365 Fixed Costs 1,129,360 1,188,085 1,188,085 1,179,009 1,182,773 Power-Related Costs 1,254,202 1,358,012 1,285,103 1,446,219 1,475,826 Variable Water Costs Related Expenses Total 15,028,131 14,793,377 14,373,528 15,110,810 16,323,964 Salary Related Expenses 9,874,212 11,084,493 10,742,011 11,959,922 12,576,273 Reduction for Capital Project Labor - (300,000) - (295,000) (387,000) Salary Related Expenses Total 9,874,212 10,784,493 10,742,011 11,664,922 12,189,273 Supplies & Services: Communications 147,634 171,097 171,238 241,595 244,525 Contractual Services 430,320 505,732 432,794 527,481 525,306 Data Processing 245,068 282,450 298,030 345,450 319,300 Dues & Memberships 84,263 88,230 81,853 84,790 88,525 Fees & Permits 254,832 280,453 310,418 305,780 306,176 Board Election - 75,000 75,000 - 138,700 Insurance 269,236 303,190 302,978 327,385 338,125 Materials 758,870 687,336 1,009,586 1,013,400 1,034,000 District Activities, Employee Recognition 29,033 46,250 38,142 46,635 48,070 Maintenance 538,874 604,600 681,275 736,300 732,040 Non-Capital Equipment 150,182 151,450 171,769 210,320 163,220 Office Expense 43,080 43,300 38,433 36,505 36,375 Professional Services 710,380 552,800 534,742 742,200 872,400 Training 37,749 78,240 62,942 86,870 79,695 Travel & Conferences 84,182 139,340 107,700 140,640 152,390 Uncollectible Accounts 4,611 3,000 4,268 4,500 5,100 Utilities 183,057 183,400 169,307 192,750 162,700 Vehicle Expenses 327,492 375,400 370,593 376,700 379,400 Supplies & Services Sub-Total 4,298,863 4,571,268 4,861,064 5,419,301 5,626,047 Total Operating Expenses $ 29,201,206 $ 30,149,138 $ 29,976,602 $ 32,195,034 $ 34,139,284 Expenses (Non-Operating): Interest Expense $ 1,106,515 $ 1,325,785 $ 1,350,616 $ 1,303,967 $ 1,236,960 Other Expense 89,021 14,200 7,642 13,520 13,545 Total Non-Operating Expenses 1,195,536 1,339,985 1,358,258 1,317,487 1,250,505 Total Expenses $ 30,396,742 $ 31,489,123 $ 31,334,860 $ 33,512,520 $ 35,389,789 Net Income Before Capital Contributions and Special Item(s) $ 7,529,974 $ 7,292,811 $ 6,053,382 $ 6,790,787 $ 6,734,921 Special Item(s) (2,205,847) - - - - Capital Contributions 3,554,123 - 38,556 - - Net Income Before Depreciation 8,878,250 7,292,811 6,091,938 6,790,787 6,734,921 Depreciation 7,465,977 7,726,142 7,708,222 7,720,659 7,720,659 Income (Loss) $ 1,412,273 $ (433,331) $ (1,616,284) $ (929,872) $ (985,737) 2-Year (FY20 & FY21) Operating Budget Financial Summaries 3 | P a g e Total Revenue & Expenses [Water ] FY18 Actual FY19 Budget FY19 Forecast FY20 Budget FY21 Budget Revenue (Operating): Water Revenue (Residential) $ 16,151,211 $ 16,592,437 $ 15,335,194 $ 16,548,758 $ 16,946,962 Water Revenue (Commercial & Fire Det.) 1,897,346 1,964,205 1,834,606 1,872,073 1,969,765 Water Revenue (Landscape/Irrigation) 4,031,102 3,863,805 3,552,435 3,917,982 4,056,592 Service Charges 10,002,493 10,116,528 10,046,253 10,988,263 12,011,758 Other Operating Revenue 763,069 827,887 927,400 902,996 949,726 Total Operating Revenue 32,845,221 33,364,862 31,695,888 34,230,072 35,934,803 Revenue (Non-Operating): Interest 444,371 310,000 593,272 698,777 721,079 Property Tax 1,749,957 1,850,000 1,770,314 1,820,471 1,850,000 Other Non-Operating Revenue 403,721 605,346 680,002 608,430 637,958 Total Non-Operating Revenue 2,598,049 2,765,346 3,043,588 3,127,678 3,209,037 Total Revenue $ 35,443,270 $ 36,130,208 $ 34,739,476 $ 37,357,750 $ 39,143,840 Expenses (Operating): Variable Costs Water-Related Costs $ 12,644,569 $ 12,247,280 $ 11,900,339 $ 12,485,582 $ 13,665,365 Fixed Costs 1,129,360 1,188,085 1,188,085 1,179,009 1,182,773 Power-Related Costs 1,254,202 1,358,012 1,285,103 1,446,219 1,475,826 Variable Water Costs Related Expenses Total 15,028,131 14,793,377 14,373,528 15,110,810 16,323,964 Salary Related Expenses 8,828,638 9,931,772 9,606,872 10,753,255 11,260,314 Reduction for Capital Project Labor - (279,000) - (225,000) (312,000) Salary Related Expenses Total 8,828,638 9,652,772 9,606,872 10,528,255 10,948,314 Supplies & Services: Communications 138,958 159,120 166,455 228,183 230,908 Contractual Services 400,827 475,966 420,298 496,717 494,695 Data Processing 228,103 265,129 281,604 324,069 299,749 Dues & Memberships 78,219 82,077 64,365 78,862 82,335 Fees & Permits 244,196 264,546 296,701 290,271 290,647 Board Election - 69,750 71,030 - 128,991 Insurance 250,493 281,967 285,649 304,468 314,456 Materials 720,410 658,714 951,328 948,195 964,050 District Activities, Employee Recognition 27,010 43,013 27,242 43,371 44,705 Maintenance 398,511 432,971 525,265 565,165 561,553 Non-Capital Equipment 123,995 115,294 149,485 170,778 126,625 Office Expense 40,087 40,343 35,677 33,950 33,829 Professional Services 674,815 518,804 502,129 585,971 672,664 Training 32,350 65,188 51,764 78,301 67,516 Travel & Conferences 78,429 125,279 97,937 126,278 137,206 Uncollectible Accounts 4,155 2,790 2,405 4,185 4,743 Utilities 169,758 169,911 157,653 179,258 151,311 Vehicle Expenses 255,417 316,262 325,115 335,600 335,600 Supplies & Services Sub-Total 3,865,733 4,087,123 4,412,101 4,793,620 4,941,583 Total Operating Expenses $ 27,722,502 $ 28,533,272 $ 28,392,501 $ 30,432,685 $ 32,213,861 Expenses (Non-Operating): Interest Expense $ 1,106,515 $ 1,325,785 $ 1,350,616 $ 1,303,967 $ 1,236,960 Other Expense 47,465 8,600 9,758 13,520 13,545 Total Non-Operating Expenses 1,153,980 1,334,385 1,360,374 1,317,487 1,250,505 Total Expenses $ 28,876,482 $ 29,867,657 $ 29,752,875 $ 31,750,172 $ 33,464,366 Net Income Before Capital Contributions and Special Item(s) $ 6,566,788 $ 6,262,551 $ 4,986,601 $ 5,607,578 $ 5,679,474 Special Item(s) (2,205,847) - - - - Capital Contributions 1,907,644 - 34,500 - - Net Income Before Depreciation 6,268,585 6,262,551 5,021,101 5,607,578 5,679,474 Depreciation 6,098,375 6,329,146 6,311,226 6,289,903 6,289,903 Income (Loss) $ 170,210 $ (66,595) $ (1,290,125) $ (682,325) $ (610,429) 2-Year (FY20 & FY21) Operating Budget Financial Summaries 4 | P a g e FY20 & FY21 ProForma [Water ] FY19 Budget FY19 Forecast FY20 Budget FY21 Budget Revenue (Operating): Water Revenue (Residential) $ 16,592,437 $ 15,335,194 $ 16,548,758 $ 16,946,962 Water Revenue (Commercial & Fire Det.) 1,964,205 1,834,606 1,872,073 1,969,765 Water Revenue (Landscape/Irrigation) 3,863,805 3,552,435 3,917,982 4,056,592 Service Charges 10,116,528 10,046,253 10,988,263 12,011,758 Other Operating Revenue 827,887 927,400 902,996 949,726 Total Operating Revenue 33,364,862 31,695,888 34,230,072 35,934,803 Revenue (Non-Operating): Interest 310,000 593,272 698,777 721,079 Property Taxes 1,850,000 1,770,314 1,820,471 1,850,000 Other Non-Operating Revenue 605,346 680,002 608,430 637,958 Total Non-Operating Revenue 2,765,346 3,043,588 3,127,678 3,209,037 Total Revenue $ 36,130,208 $ 34,739,476 $ 37,357,750 $ 39,143,840 Expenses (Operating): Variable Water Costs (G.W., Import & Power) Water-Related Costs $ 12,247,280 $ 11,900,339 $ 12,485,582 $ 13,665,365 Fixed Costs 1,188,085 1,188,085 1,179,009 1,182,773 Power-Related Costs 1,358,012 1,285,103 1,446,219 1,475,826 Variable Water Costs Related Expenses Total 14,793,377 14,373,528 15,110,810 16,323,964 Salary Related Expenses 9,931,772 9,606,872 10,753,255 11,260,314 Reduction for Capital Project Labor (279,000) (225,000) (312,000) Salary Related Expenses Total 9,652,772 9,606,872 10,528,255 10,948,314 Supplies & Services Communications 159,120 166,455 228,183 230,908 Contractual Services 475,966 420,298 496,717 494,695 Data Processing 265,129 281,604 324,069 299,749 Dues & Memberships 82,077 64,365 78,862 82,335 Fees & Permits 264,546 296,701 290,271 290,647 Board Election 69,750 71,030 - 128,991 Insurance 281,967 285,649 304,468 314,456 Materials 658,714 951,328 948,195 964,,050 District Activities, Employee Recognition 43,013 27,242 43,371 44,705 Maintenance 432,971 525,265 565,165 562,553 Non-Capital Equipment 115,294 149,485 170,778 126,625 Office Expense 40,343 35,677 33,950 33,829 Professional Services 518,804 502,129 585,971 672,664 Training 65,188 51,764 78,301 67,516 Travel & Conferences 125,279 97,937 126,278 137,206 Uncollectible Accounts 2,790 2,405 4,185 4,743 Utilities 169,911 157,653 179,258 151,311 Vehicle Expenses 316,262 325,115 335,600 335,600 Supplies & Services Sub-Total 4,087,123 4,412,101 4,793,620 4,941,583 Total Operating Expenses 28,533,272 28,392,501 30,432,685 32,213,861 Expenses (Non-Operating) Other Expense 8,600 9,758 13,520 13,545 Total Non-Operating Expenses 8,600 9,758 13,520 13,545 Total Expenses $ 28,541,872 $ 28,402,259 $ 30,446,205 $ 32,227,406 Net Revenues 7,588,336 6,337,217 6,911,545 6,916,434 Less: Debt Service (Principal & Interest) 2,738,258 2,738,256 2,726,956 2,729,381 Less: Committed Capital Expenditures (PayGo) 4,484,500 3,204,555 3,518,470 4,109,796 Transfer to/(from) Reserves 365,578 394,406 666,119 77,256 Net $ - $ - $ - $ - 2-Year (FY20 & FY21) Operating Budget Financial Summaries 5 | P a g e Total Revenue & Expenses [Sewer ] FY18 Actual FY19 Budget FY19 Forecast FY20 Budget FY21 Budget Revenue (Operating): Sewer Charge Revenue $ 2,064,083 $ 2,229,246 $ 2,188,390 $ 2,421,665 $ 2,447,582 Sewer Parcel Assessments 266,726 273,250 278,967 324,173 324,173 Other Operating Revenue 68,664 66,730 65,802 61,712 67,484 Total Operating Revenue 2,399,473 2,569,226 2,533,159 2,807,549 2,839,239 Revenue (Non-Operating): Interest 74,229 48,000 91,291 113,528 117,152 Other Non-Operating Revenue 9,744 34,500 24,317 24,480 24,480 Total Non-Operating Revenue 83,973 82,500 115,608 138,008 141,632 Total Revenue $ 2,483,446 $ 2,651,726 $ 2,648,767 $ 2,945,557 $ 2,980,870 Expenses (Operating): Salary Related Expenses $ 1,045,574 $ 1,152,721 $ 1,135,139 $ 1,206,668 $ 1,315,959 Reduction for Capital Project Labor - (21,000) - (70,000) (75,000) Salary Related Expenses Total 1,045,574 1,131,721 1,135,139 1,136,668 1,240,959 Supplies & Services: Communications 8,676 11,977 4,783 1341,2 13,617 Contractual Services 29,493 29,766 12,496 3076,4 30,611 Data Processing 16,965 17,322 16,426 2138,2 19,551 Dues & Memberships 6,044 6,153 17,488 592,8 6,190 Fees & Permits 10,636 15,907 13,717 1550,9 15,529 Board Election - 5,250 3,970 - 9,709 Insurance 18,743 21,223 17,329 22,917 23,669 Materials 38,460 28,622 58,258 65,206 69,950 District Activities, Employee Recognition 2,023 3,238 10,900 3,264 3,365 Maintenance 140,363 171,630 156,010 171,135 170,487 Non-Capital Equipment 26,187 36,157 22,284 39,542 36,595 Office Expense 2,993 2,957 2,756 2,555 2,546 Professional Services 35,565 33,996 32,613 156,229 199,736 Training 5,399 13,052 11,177 8,569 12,179 Travel & Conferences 5,753 14,061 9,762 14,362 15,184 Uncollectible Accounts 456 210 1,863 ,315 357 Utilities 13,299 13,489 11,653 13,493 11,389 Vehicle Expenses 72,075 59,138 45,478 41,100 43,800 Supplies & Services Sub-Total 433,130 484,145 448,962 625,681 684,464 Total Operating Expenses $ 1,478,704 $ 1,615,866 $ 1,584,101 $ 1,762,348 $ 1,925,423 Expenses (Non-Operating): Interest Expense $ - $ - $ - $ - $ - Other Expense 41,556 5,600 (2,116) - - Total Non-Operating Expenses 41,556 5,600 (2,116) - - Total Expenses $ 1,520,260 $ 1,621,466 $ 1,581,985 $ 1,762,348 $ 1,925,423 Net Income Before Capital Contributions and Special Item(s) $ 963,186 $ 1,030,260 $ 1,066,782 $ 1,183,209 $ 1,055,447 Special Item(s) - - - - - Capital Contributions 1,646,479 - 4,056 - - Net Income Before Depreciation 2,609,665 1,030,260 1,070,838 1,183,209 1,055,447 Depreciation 1,367,602 1,396,996 1,396,996 1,430,756 1,430,756 Income (Loss) $ 1,242,063 $ (366,736) $ (326,158) $ (247,547) $ (375,308) 2-Year (FY20 & FY21) Operating Budget Financial Summaries 6 | P a g e Fund Balance; FYE16-21 Fiscal Year Ending Water Fund Sewer Fund Total 06/30/16 Net Income(Loss) Before Capital Contributions 3,570,189 (605,197) 2,964,992 Capital Contributions 347,795 440,650 788,445 Change in Net Position FY 2016 3,917,984 (164,547) 3,753,437 Net Position @ 6/30/2016 $ 122,757,781 $ 41,618,321 $ 164,376,102 06/30/17 Net Income (Loss) Before Capital Contributions 259,855 (321,996) (62,141) Capital Contributions 1,556,801 1,108,661 2,665,462 Estimated Net Income (Loss) @ 6/30/2017 1,816,656 786,665 2,603,321 Estimated Net Position @ 6/30/2017 $ 124,574,437 $ 42,404,986 $ 166,979,423 06/30/18 Net Income (Loss) Before Capital Contributions 468,413 (404,416) 63,997 Capital Contributions 1,907,644 1,646,479 3,554,123 Special Item(s) (2,205,847) - (2,205,847) Prior-Period Adjustment (2,244,616) (270,211) (2,514,827) Change in Net Income (Loss) @ 6/30/2018 (2,074,406) 971,852 (1,102,554) Estimated Net Position @ 6/30/2018 $ 122,500,031 43,376,838 165,876,869 06/30/19 Revenue (Operating): Water Sales 30,768,488 - 30,768,488 Sewer Revenues - 2,467,357 2,467,357 Other Operating Revenue 927,400 65,802 993,202 Interest 593,272 91,291 684,563 Property Taxes 1,770,314 - 1,770,314 Other Non-Operating Revenue 680,002 24,317 704,319 Total Estimated Revenues FY2019 34,739,476 2,648,767 37,388,243 Expenses (Operating): Variable Water Costs (G.W., Import & Power) 14,373,528 - 14,373,528 Salary Related Expenses 9,606,872 1,135,139 10,742,011 Supplies & Services 4,412,101 448,962 4,861,063 Depreciation 6,311,226 1,396,996 7,708,222 Interest on Long Term Debt 1,350,616 - 1,350,616 Other Expense 9,758 (2,116) 7,642 Total Estimated Expenses FY2019 36,064,101 2,978,981 39,043,082 Estimated Net Income (Loss) Before Capital Contributions (1,324,625) (330,214) (1,654,839) Capital Contributions 34,500 4,056 38,556 Estimated Net Income (Loss) @ 6/30/2019 (1,290,125) (326,158) (1,616,283) Estimated Net Position @ 6/30/2019 $ 121,209,906 $ 43,050,680 $ 164,260,586 06/30/20 Revenue (Operating): Water Sales 33,327,076 - 33,327,076 Sewer Revenues - 2,745,838 2,745,838 Other Operating Revenue 902,996 61,712 964,708 Interest 698,777 113,528 812,305 Property Taxes 1,820,471 - 1,820,471 Other Non-Operating Revenue 608,430 24,480 632,910 Total Estimated Revenues FY2020 37,357,750 2,945,558 40,303,308 Expenses (Operating): Variable Water Costs (G.W., Import & Power) 15,110,810 - 15,110,810 Salary Related Expenses 10,528,255 1,136,668 11,664,923 Supplies & Services 4,793,620 625,681 5,419,301 Depreciation 6,289,903 1,430,756 7,720,659 Interest on Long Term Debt 1,303,967 - 1,303,967 Other Expense 13,520 - 13,520 Total Estimated Expenses FY2020 38,040,075 3,193,105 41,233,180 Estimated Net Income (Loss) @ 6/30/2020 (682,325) (247,547) (929,872) Estimated Net Position @ 6/30/2020 $ 120,527,581 $ 42,803,133 $ 163,330,714 2-Year (FY20 & FY21) Operating Budget Financial Summaries 7 | P a g e Fund Balance; FYE16-21 – cont. Fiscal Year Ending Water Fund Sewer Fund Total 06/30/21 Revenue (Operating): Water Sales 34,985,077 - 34,985,077 Sewer Revenues - 2,771,755 2,771,755 Other Operating Revenue 949,726 67,484 1,017,210 Interest 721,079 117,152 838,231 Property Taxes 1,850,000 - 1,850,000 Other Non-Operating Revenue 637,958 24,480 662,438 Total Estimated Revenues FY2021 39,143,840 2,980,871 42,124,711 Expenses (Operating): Variable Water Costs (G.W., Import & Power) 16,323,964 - 16,323,964 Salary Related Expenses 10,948,314 1,240,959 12,189,273 Supplies & Services 4,941,583 684,464 5,626,047 Depreciation 6,289,903 1,430,756 7,720,659 Interest on Long Term Debt 1,236,960 - 1,236,960 Other Expense 13,545 - 13,545 Total Estimated Expenses FY2021 39,754,269 3,356,179 43,110,448 Estimated Net Income (Loss) @ 6/30/2021 (610,429) (375,308) (985,737) Estimated Net Position @ 6/30/2021 $ 119,917,152 $ 42,427,825 $ 162,344,977 2-Year (FY20 & FY21) Operating Budget Financial Summaries 8 | P a g e Debt Administration The District’s debt rating from Fitch is “AA” and from Standard and Poor’s is “AA+”. The District has a Debt Management Policy, but no legal debt limit. The District’s future borrowing capacity is limited by the debt coverage ratio required by existing bond covenants. The ratio is calculated using revenue and expenses data pertaining to the Water Fund only and the covenants require that the coverage exceed 1.25; however, the Debt Management policy sets a target of 2.25. The District’s budgeted ratios art is 2.60 for Fiscal Year 2020 and 2.55 for Fiscal Year 2021. The District’s FY20 and FY21 budgeted debt service obligations $2,726,956 and $2,729,381) are related to its two existing debt issuances. Use of proceeds and the corresponding principal balance of each are as follows: Year of Issuance Use of Proceeds Principal Balance as of June 30, 2019 Principal Balance as of June 30, 2020 2012A Refunding Bond Refunding Bonds funds are being issued to finance certain capital improvements, to fund a reserve fund, and to pay certain costs of delivery. 6,625,000 6,310,000 2017A Refunding Bond Refunding Bonds funds are being issued to finance the acqusitionand construction of certain capital improvements to the District's Water System, to refund all of the currently outstanding YLWD 2008 Revenue Certificates of Participation, and to pay certain costs of issuance. 27,560,000 26,700,000 34,185,000$ 33,010,000$ 2-Year (FY20 & FY21) Operating Budget Financial Summaries 9 | P a g e Debt service requirements for the District’s Certificates of Participation are as follows: FY2020-24 Year Principal Interest Total 2020 $1,175,000 $1,551,956 $2,726,956 2021 $1,230,000 $1,499,381 $2,729,381 2022 $1,290,000 $1,438,919 $2,728,919 2023 $1,350,000 $1,374,681 $2,724,681 2024 $1,420,000 $1,306,331 $2,726,331 2025-2029 $8,225,000 $5,320,181 $13,545,181 2030-2034 $10,140,000 $3,396,753 $13,536,753 2035-2039 $9,355,000 $1,208,475 $10,563,475 Total $34,185,000 $17,096,678 $51,281,678 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 2020 2021 2022 2023 2024 FY2020-24 Debt Service Requirements Principal Interest 2-Year (FY20 & FY21) Operating Budget Financial Summaries 10 | P a g e FY2021-25 Year Principal Interest Total 2021 $1,230,000 $1,499,381 $2,729,381 2022 $1,290,000 $1,438,919 $2,728,919 2023 $1,350,000 $1,374,681 $2,724,681 2024 $1,420,000 $1,306,331 $2,726,331 2025 $1,490,000 $1,233,581 $2,723,581 2026-2030 $8,620,000 $4,901,831 $13,521,831 2031-2035 $9,945,000 $3,004,922 $12,949,922 2036-2039 $7,665,000 $785,075 $8,450,075 Total $33,010,000 $15,544,722 $48,554,722 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 2021 2022 2023 2024 2025 FY2021-25 Debt Service Requirements Principal Interest 2-Year (FY20 & FY21) Operating Budget Financial Summaries 11 | P a g e Personnel Trends by Position Position/Title FY17 FY18 FY19 FY20 FY21 ADMINISTRATION DEPARTMENT Assistant General Manager - 1 1 1 1 Communication Manager 1 - - - - Director of Public Affairs - - - 1 1 Executive Assistant 1 1 1 1 1 General Manager 1 1 1 1 1 Information Systems Administrator (Software) - - - 1 1 Management Analyst 1 1 1 - - Office Clerk 1 - - - - Public Affairs Representative 1 1 1 1 1 Senior Management Analyst - - - 1 1 Water Conservation Representative 1.5 - - - - Water Conservation Supervisor 1 - - - - Total Administration Personnel 8.5 5.0 5.0 7.0 7.0 Changes and Trends:  The Director of Public Affairs was added as one full-time authorized position.  Information Systems Administrator (Software) was transferred from Information Technology.  The Management Analyst was reclassified to Senior Management Analyst. Position/Title FY17 FY18 FY19 FY20 FY21 ENGINEERING DEPARTMENT Associate Engineer 1 1 1 - - Construction Inspector 1 1 1 1 1 Construction Project Supervisor 1 1 1 - - Construction Project Manager - - - 1 1 Engineering Intern - - - 0.5 0.5 Engineering Manager 1 1 1 1 1 Engineering Technician II 2 2 2 2 2 GIS Analyst - - - 1 1 Principal Engineer - - - 1 1 Senior Construction Inspector 1 1 1 1 1 Senior Engineer - - - 1 1 Senior Project Manager 1 1 1 1 1 Water Quality Engineer 1 1 1 - - Water Quality Technician II 1 1 1 - - Total Engineering Personnel 10.0 10.0 10.0 10.5 10.5 Changes and Trends:  The Associate Engineer was reclassified to Senior Engineer.  The Construction Project Supervisor was reclassified to Construction Project Manager.  An Engineering Intern/GIS was added as one part-time authorized position.  The GIS Analyst was transferred from Information Technology.  The Water Quality Engineer was reclassified to Principal Engineer.  The Water Quality Technician II was transferred to Operations. 2-Year (FY20 & FY21) Operating Budget Financial Summaries 12 | P a g e Position/Title FY17 FY18 FY19 FY20 FY21 FINANCE DEPARTMENT Accountant - 1 1 1 1 Accounting Assistant I 1 1 - - - Accounting Assistant II 1 1 2 2 2 Customer Service Representative II 2 2 2 3 3 Customer Service Representative III 2 2 2 2 2 Customer Service Billing Administrator - - - 1 1 Customer Service Supervisor 1 1 1 - - Finance Manager 1 1 1 1 1 Meter Reader I 1 1 1 - - Meter Reader II 2 2 2 - - Meter Service Lead 1 1 1 - - Senior Accountant 1 1 1 1 1 Total Finance Personnel 13.0 14.0 14.0 11.0 11.0 Changes and Trends:  The Office Clerk was transferred from Operations and reclassified to Customer Service Rep II.  The Customer Service Supervisor was reclassified to Customer Service Billing Administrator.  All Meter Reader I and Meter Reader II were transferred to Operations.  The Meter Services Lead was transferred to Operations and reclassified to Senior Field Customer Services Representative/Meters. Position/Title FY17 FY18 FY19 FY20 FY21 HUMAN RESOURCES DEPARTMENT Human Resources Analyst 2 1 1 1 1 Human Resources/Risk & Safety Manager 1 1 1 1 1 Human Resources Technician - 1 1 1 1 Records Management Administrator 1 1 1 1 1 Records Management Specialist 1 1 1 1 1 Safety & Training Analyst 1 1 1 - - Total Human Resources Personnel 4.0 6.0 6.0 5.0 5.0 Changes and Trends:  The Safety & Training Analyst was transferred to Operations. Position/Title FY17 FY18 FY19 FY20 FY21 INFORMATION TECHNOLOGY DEPARTMENT GIS Analyst 1 1 1 - - Information Systems Administrator (Hardware) 1 1 1 1 1 Information Systems Technician I 1 1 1 1 1 Instrumentation Technician - - - - - Information Technology Manager 1 1 1 1 1 Programmer Analyst 1 1 1 - - Total Information Technology Personnel 7.0 5.0 5.0 3.0 3.0 Changes and Trends:  The GIS Analyst was transferred to Engineering.  The Programmer Analyst was transferred to Administration and was reclassified to Information Systems Administrator (Software). 2-Year (FY20 & FY21) Operating Budget Financial Summaries 13 | P a g e Position/Title FY17 FY18 FY19 FY20 FY21 OPERATIONS DEPARTMENT Chief Water System Operator - 1 1 - - Electrical/Instrumentation Technician - - 1 - - Facilities Maintenance Worker 1 1 1 1 1 Instrumentation Technician 1 1 - - - Maintenance Superintendent - - - 1 1 Maintenance Worker I 9 9 9 9 9 Maintenance Worker II 7 7 6 6 6 Maintenance Worker III 5 5 5 5 5 Mechanic II 1 1 1 1 1 Mechanic III 1 1 1 1 1 Meter Reader I 1 1 1 2 2 Meter Reader II 2 2 2 1 1 Office Clerk 1 1 1 - - Operations Assistant - - - 1 1 Operations/Warehouse Assistant 1 1 1 - - Operations Manager 1 1 1 1 1 Operations Superintendent - - - 1 1 Plant Operator I - 1 1 - - Plant Operator I (Operator-in-Training) - - - 1 1 Plant Operator II 3 2 2 3 3 Production Superintendent - - - 1 1 Safety & Training Analyst - - - 1 1 SCADA Administrator 1 - - - - Senior Field Customer Services Representative/Meters - - - 1 1 Senior Fleet Mechanic 1 1 1 - - Senior Maintenance Worker 4 4 4 4 4 Senior Mechanic - - - 1 1 Senior Plant Operator 1 1 1 1 1 Senior SCADA Technician - - 1 1 1 Water Quality Technician II - - - 1 1 Water Maintenance Superintendent 1 1 1 - - Water Production Superintendent 1 1 1 - - Total Operations Personnel 38.0 40.0 40.0 45.0 45.0 Changes and Trends:  The Chief Water System Operator was reclassified to Operations Superintendent.  The Electrical/Instrumentation Technician was reclassified to Plant Operator I (Operator-in-Training).  The Plant Operator I was reclassified to Plant Operator II.  All Meter Reader I and Meter Reader II were transferred from Finance.  The Safety & Training Analyst was transferred from Human Resources.  The Senior Field Customer Services Representative/Meters was transferred from Finance.  The Office Clerk was transferred to Finance and reclassified to Customer Service Representative II.  The Operations/Warehouse Assistant was reclassified to Operations Assistant.  The Senior Fleet Mechanic was reclassified to Senior Mechanic.  The Water Maintenance Superintendent was reclassified to Maintenance Superintendent.  The Water Production Superintendent was reclassified to Production Superintendent.  The Water Quality Technician II was transferred from Engineering. 2-Year (FY20 & FY21) Operating Budget Financial Summaries 14 | P a g e Personnel Trends by Department DEPARTMENT FY17* FY18 FY19 FY20 FY21 Administration 8.5 5.0 5.0 7.0 7.0 Engineering 10.0 10.0 10.0 10.5 10.5 Finance 13.0 14.0 14.0 11.0 11.0 Human Resources 6.0 6.0 6.0 5.0 5.0 Information Technology 5.0 5.0 5.0 3.0 3.0 Operations 40.0 40.0 40.0 45.0 45.0 District Department Totals 82.5 80.0 80.0 81.5 81.5 * Includes (3) Limited-Term, Full Time and (1) Limited-Term, Part Time employees in response to State’s Emergency Drought Declaration 0 10 20 30 40 50 60 70 80 90 FY17* FY18 FY19 FY20 FY21 40 40 40 45 45 5 5 5 3 3 6 6 6 5 5 13 14 14 11 11 10 10 10 10.5 10.5 8.5 5 5 7 7 Personnel CountOperations IT HR Finance Engineering Administration 2-Year (FY20 & FY21) Operating Budget Financial Summaries 15 | P a g e 2-Year (FY20 & FY21) Operating Budget Financial Summaries 16 | P a g e Capital Improvement Plan FY20 FY21 FY22 FY23 FY24 Capital Improvement and R&R Projects Mickel and Camino Verde Waterline Replacement $ 600,000 $ $ $ $ Lakeview Booster Pump Station Piping (Water Quality) 200,000 Timber Ridge Pump 4 Replacement 300,000 Hidden Hills BPS Upgrades 300,000 Ridgeway Waterline Replacement 700,000 Avolinda and Imperial Waterline Replacement 1,300,000 Site and Security Upgrades at District Facilities (Bioterrorism Act of 2002) 500,000 500,000 500,000 500,000 Well 22 Equipping 900,000 Field Headquarters Rehabilitation (HVAC, Roof, Paving) 500,000 Well Equipment Rehabilitation 150,000 150,000 150,000 150,000 150,000 Reservoir Operational Repair and Replacement 100,000 100,000 100,000 100,000 Box Canyon Pump 2 Replacement 70,000 Apple Creek and Del Rey PRS Replacement 450,000 Dominguez Hills and Paseo Del Prado PRS Replacement 600,000 Waterline Replacement 2,000,000 2,000,000 2,000,000 Richfield Chemical System Replacement 800,000 Well 20 Chemical System Replacement 400,000 Well 23 Lakeview Chemical System Replacement Pump Station Rehabilitation Pressure Regulating Station (PRS) Replacement Reservoir Fire Hardening (4 sites) 500,000 Water Supply Redundancy and Fire Flow Reliability (5 sites) Water Capitalized Labor 225,000 312,000 380,000 355,000 405,000 Sewer System Rehabilitation and Replacement 350,000 350,000 350,000 350,000 350,000 Community Facilities District/Sewer Assessment District Projects 350,000 400,000 500,000 500,000 500,000 Sewer Capitalized Labor 70,000 75,000 85,000 85,000 85,000 Annual Total $ 3,245,000 $ 4,257,000 $ 5,115,000 $ 4,840,000 $ 5,390,000 Vehicle and Capital Equipment Replacements SCADA Radio Communications Enhancement $ 175,000 $ $ $ $ IT Capital Outlay 187,425 196,796 262,235 272,235 300,000 Operations Water Capital Outlay 367,000 481,000 222,000 285,000 300,000 Vehicle Replacement - Sewer 475,000 Operations Sewer Capital Outlay 314,045 Replacement Total $ 1,043,470 $ 677,796 $ 959,235 $ 557,235 $ 600,000 CAPITAL EXPENDITURES TOTAL $ 4,288,470 $ 4,934,796 $ 6,074,235 $ 5,397,235 $ 5,990,000 2-Year (FY20 & FY21) Operating Budget Financial Summaries 17 | P a g e Capital Projects Summary Camino Verde and Mickel Waterline Improvements Total Project Budget: $600,000 Proposed FY20 Budget: $600,000 As part of the District’s continuing Rehabilitation & Replacement (R&R) Program to replace aging infrastructure, waterline improvements are planned for Camino Verde, Mickel Lane, Ohio Avenue, Palm Avenue, and Easy Street. This project was identified in the District’s 2018 Asset Management Plan. Design work was completed in FY19. Construction will be completed in FY20. Lakeview Booster Pump Station Piping Total Project Budget: $200,000 Proposed FY20 Budget: $200,000 This project will modify the existing piping at the Lakeview Booster Pump Station to allow for improved water quality in the Lakeview Reservoir. This project was identified in the District’s 2018 Asset Management Plan. Design work and construction will be completed in FY20. Timber Ridge Pump 4 Replacement Total Project Budget: $300,000 Proposed FY20 Budget: $300,000 This project will replace the existing pump and natural gas engine at the Timber Ridge Booster Pump Station. The pump is beyond its useful life and replacement parts are no longer available. This project was identified in the District’s 2018 Asset Management Plan. Design work and construction will be completed in FY20. Hidden Hills BPS Upgrades Total Project Budget: $300,000 Proposed FY21 Budget: $300,000 This project will replace the existing pump at Hidden Hills Booster Pump Station with a larger pump to meet anticipated demands and increase fire protection. This project also includes structural and electrical improvements, and the addition of a natural gas backup generator. This project was identified in the District’s 2018 Asset Management Plan. Design work will be completed in FY20. Construction will be completed in FY21. Ridgeway Waterline Replacement Total Project Budget: $700,000 Proposed FY21 Budget: $700,000 As part of the District’s continuing R&R Program to replace aging infrastructure, waterline improvements are planned for Ridgeway Drive. There is extensive leak history in the area and meter clusters that are inaccessible and need to be relocated. This project was identified in the District’s 2018 Asset Management Plan. Design work will be completed in FY20. Construction will be completed in FY21. 2-Year (FY20 & FY21) Operating Budget Financial Summaries 18 | P a g e Avolinda and Imperial Waterline Replacement Total Project Budget: $1,300,000 Proposed FY21 Budget: $1,300,000 As part of the District’s continuing R&R Program to replace aging infrastructure, waterline improvements are planned for Avolinda Drive and Imperial Highway. This project was identified in the District’s 2018 Asset Management Plan. Design work will be completed in FY20. Construction will be completed in FY21. Site and Security Upgrades at District Facilities Total Project Budget: $2,000,000 Proposed FY21 Budget: $500,000 As part of the Bioterrorism Act of 2002, the District will need to make upgrades for cyber security, natural disaster, and terrorist threat protection at all facilities. A Risk and Resilience Assessment with recommended improvements will be completed in FY20. From FY21 through FY24, $500,000 is budgeted each year to make these improvements. Field Headquarters Rehabilitation Total Project Budget: $500,000 Proposed FY20 Budget: $500,000 Rehabilitation work is needed on facilities located at the District’s field headquarters, including: new roofing for Building 2, new air conditioning equipment for the two Operations buildings, and replacement of asphalt paving and concrete gutters throughout the site. Design work and construction will be completed in FY20. Well Rehabilitation Project Total Project Budget: $750,000 Proposed FY20 Budget: $150,000 Proposed FY21 Budget: $150,000 As part of the District’s continuing R&R Program, two existing wells are planned for rehabilitation in FY20 and an additional two existing wells are planned for rehabilitation in FY21. This project was identified in the District’s 2018 Asset Management Plan. In the District’s 5-year CIP, two wells are planned for rehabilitation each year, beginning in FY20. Reservoir Operational Repair and Replacement Total Project Budget: $400,000 Proposed FY21 Budget: $100,000 The District’s buried concrete reservoirs are in need of internal rehabilitation, including: replacement of valves, vents, roof hatches, exposed pipe, ladders, and other appurtenances. This project also includes cleaning and seal-coat of the bottom and sides of the reservoirs to mitigate against leakage. This project was identified in the District’s 2018 Asset Management Plan. Design work and construction will be completed in FY21. In the District’s 5-year CIP, $100,000 is budgeted for each year, beginning in FY21. 2-Year (FY20 & FY21) Operating Budget Financial Summaries 19 | P a g e Box Canyon Pump 2 Replacement Total Project Budget: $70,000 Proposed FY21 Budget: $70,000 This project will replace the existing pump at Box Canyon Booster Pump Station that is operationally inefficient. Design work and construction will be completed in FY21. Reservoir Fire Hardening Total Project Budget: $500,000 Proposed FY20 Budget: $500,000 This project includes improvements at four reservoirs located in wildfire interface areas. The improvements will protect assets at the reservoirs to increase reliability in a wildfire emergency. Design work and construction will be completed in FY20. Sewer Pipe Relining and Manhole Rehabilitation Project Total Project Budget: $1,750,000 Proposed FY20 Budget: $350,000 Proposed FY21 Budget: $350,000 As part of the District’s continuing R&R Program to replace aging infrastructure, sewer line rehabilitation is planned for FY20 and FY21. The proposed method is relining where a new liner is cast and cured in place. This method is proven to be a cost-effective, technically optimal solution for sewer line rehabilitation. This project was identified in the District’s 2018 Asset Management Plan. In the District’s 5-year CIP, $350,000 is budgeted for each year, beginning in FY20. Community Facilities District/Assessment District Projects Total Project Budget: $2,250,000 Proposed FY20 Budget: $350,000 Proposed FY21 Budget: $400,000 This project includes the cost for the District to create Community Facilities Districts or Sewer Assessment Districts to move residents from private septic systems to the public sewer system. In the District’s 5-year CIP, $350,000 is budgeted for FY20, $400,000 is budgeted for FY21, and $500,000 is budgeted for FY22, FY23, and FY24. 2-Year (FY20 & FY21) Operating Budget Financial Summaries 20 | P a g e 2-Year (FY20 & FY21) Operating Budget Financial Summaries 21 | P a g e FY18 Actual FY19 Budget FY19 Forecast FY20 Budget FY21 Budget Salary Related Expenses Salaries - Directors $ 56,850 $ 90,000 $ 52,800 $ 90,000 $ 90,000 Fringe Benefits 1,797 1,961 1,546 1,566 1,594 Mandatory Benefits - Directors 4,975 7,494 4,184 7,494 7,494 Salary Related Total $ 63,622 $ 99,454 $ 58,530 $ 99,059 $ 99,088 Supplies & Services Communications $ 300 $ - $ - $ - $ - Contractual Services - - - - - Dues & Memberships 60 60 60 270 270 Board Election Expenses - 75,000 75,000 - 138,700 District Meetings and Events 1,198 3,000 1,800 2,000 2,000 Non-Capital Equipment - 5,000 3,100 1,000 2,000 Office Expense 602 1,000 600 800 800 Professional Services 45,151 39,000 32,000 39,000 39,000 Professional Development 827 2,500 - 2,500 2,500 Travel & Conferences 26,604 43,200 35,000 37,750 39,960 Supplies & Services Total $ 74,742 $ 168,760 $ 147,560 $ 83,320 $ 225,230 2-Year (FY20 & FY21) Operating Budget Financial Summaries 22 | P a g e Administration Department FY18 Actual FY19 Budget FY19 Forecast FY20 Budget FY21 Budget Salary Related Expenses Salaries $ 658,453 $ 804,167 $ 880,508 $ 995,796 $ 1,029,791 Fringe Benefits 305,714 260,195 378,417 357,433 354,156 Unemployment Insurance 807 2,000 10,938 2,500 2,500 Overtime 7,977 6,384 10,604 6,925 7,167 OPEB & CalPERS UAL/GASB Adj. 756,882 1,004,254 1,290,213 1,379,863 1,428,027 Mandatory Benefits 57,323 81,750 120,037 92,449 100,780 Salary Related Total $ 1,787,157 $ 2,158,750 $ 2,690,716 $ 2,834,966 $ 2,922,421 Supplies & Services Communications $ 46,864 $ 73,700 $ 73,700 $ 140,700 $ 140,700 Contractual Services 1,471 6,500 6,500 6,500 6,500 Dues & Memberships 67,593 70,380 70,900 70,940 73,535 Fees & Permits - - - - - Insurance 733 1,090 750 985 700 District Meetings and Events 9,943 13,250 11,300 11,200 11,200 Materials - - - - - Non-Capital Equipment 7,631 3,700 3,700 3,500 3,500 Office Expense 4,690 2,800 2,200 1,450 1,450 Professional Services 332,166 250,000 258,278 280,000 280,000 Professional Development 203 3,600 2,500 3,750 3,000 Travel & Conferences 19,682 38,990 28,780 39,790 42,010 Supplies & Services Total $ 490,976 $ 464,010 $ 458,608 $ 558,815 $ 562,595 2-Year (FY20 & FY21) Operating Budget Financial Summaries 23 | P a g e Engineering Department FY18 Actual FY19 Budget FY19 Forecast FY20 Budget FY21 Budget Salary Related Expenses Salaries $ 757,827 $ 1,073,390 $ 689,805 $ 1,103,765 $ 1,148,720 Fringe Benefits 122,058 210,788 186,356 208,980 235,519 Overtime 246 4,997 3,590 3,860 4,015 Mandatory Benefits 104,463 109,845 113,901 113,901 124,097 Salary Related Total $ 984,593 $ 1,399,020 $ 982,230 $ 1,430,505 $ 1,512,351 Supplies & Services Communications $ 776 $ 400 $ 200 $ 800 $ 800 Contractual Services 70,146 20,000 3,000 10,240 10,240 Data Processing - 26,400 42,000 40,000 40,000 Dues & Memberships 6,913 9,120 2,609 6,000 6,000 Fees & Permits 61,266 7,558 8,558 12,785 12,926 Materials 5,274 - - - - District Meetings and Events 685 1,000 1,000 1,500 1,500 Maintenance 247 1,500 1,210 1,500 1,500 Non-Capital Equipment 234 1,100 21,336 1,000 1,000 Office Expense 1,736 5,600 1,551 1,600 1,600 Professional Services 146,661 100,000 45,368 165,000 255,000 Professional Development 1,321 6,200 6,642 11,500 8,500 Travel & Conferences 3,546 5,200 4,958 8,000 8,000 Supplies & Services Total $ 298,805 $ 184,078 $ 138,432 $ 259,925 $ 347,066 2-Year (FY20 & FY21) Operating Budget Financial Summaries 24 | P a g e Finance Department FY18 Actual FY19 Budget FY19 Forecast FY20 Budget FY21 Budget Salary Related Expenses Salaries $ 1,039,432 $ 848,188 $ 892,265 $ 958,646 $ 999,334 Fringe Benefits 243,849 201,490 177,325 195,983 222,244 Overtime 3,492 9,558 9,448 12,885 13,392 Mandatory Benefits 104,442 86,588 91,045 101,381 111,484 Salary Related Total $ 1,391,215 $ 1,145,824 $ 1,170,083 $ 1,268,895 $ 1,346,453 Supplies & Services Communications $ 95,780 $ 94,497 $ 95,814 $ 97,095 $ 99,525 Contractual Services 74,991 80,897 82,764 81,687 81,862 Data Processing - - - - - Dues & Memberships 535 690 585 940 970 Fees & Permits 154,783 159,907 159,973 167,995 168,050 Insurance 500 600 500 600 625 Materials 3,551 - - - - District Meetings and Events 1,022 1,100 1,486 1,235 1,250 Maintenance 611 300 300 300 300 Non-Capital Equipment 375 1,600 1,100 3,250 1,250 Office Expense 9,324 9,400 9,648 9,875 9,875 Professional Services 56,366 60,300 51,369 88,500 128,900 Professional Development 6,377 9,590 8,940 10,345 8,245 Travel & Conferences 3,490 4,000 4,822 4,250 4,770 Uncollectible Accounts 4,610 3,000 4,268 4,500 5,100 Supplies & Services Total $ 412,315 $ 425,881 $ 421,569 $ 470,572 $ 510,722 2-Year (FY20 & FY21) Operating Budget Financial Summaries 25 | P a g e Human Resources Department FY18 Actual FY19 Budget FY19 Forecast FY20 Budget FY21 Budget Salary Related Expenses Salaries $ 504,026 $ 564,294 $ 580,775 $ 513,981 $ 542,241 Fringe Benefits 104,776 130,318 108,024 110,234 121,912 Overtime - 6,572 1,310 5,592 5,935 Mandatory Benefits 51,261 55,035 55,199 52,813 58,758 Salary Related Total $ 660,064 $ 756,219 $ 745,308 $ 682,619 $ 728,846 Supplies & Services Communications $ 1,639 $ 2,500 $ 1,524 $ 3,000 $ 3,500 Contractual Services 15,486 29,935 20,165 30,380 32,130 Data Processing - - - - - Dues & Memberships 8,196 7,570 7,474 6,115 7,215 Insurance 268,003 301,500 301,728 325,800 336,800 Materials 1,211 2,100 2,000 - - District Meetings and Events 14,096 24,100 18,381 24,200 2,500 Non-Capital Equipment 7,573 5,800 7,495 12,700 3,200 Office Expense 1,412 1,650 2,,389 450 450 Professional Services 95,068 64,500 35,902 65,700 65,500 Professional Development 18,501 33,850 18,478 21,700 23,700 Travel & Conferences 8,184 13,850 11,484 14,350 19,850 Supplies & Services Total $ 439,369 $ 487,355 $ 427,020 $ 504,395 $ 517,545 2-Year (FY20 & FY21) Operating Budget Financial Summaries 26 | P a g e Information Technology Department FY18 Actual FY19 Budget FY19 Forecast FY20 Budget FY21 Budget Salary Related Expenses Salaries $ 506,040 $ 353,247 $ 335,151 $ 342,242 $ 357,632 Fringe Benefits 91,108 73,355 55,013 53,931 66,303 Overtime 9,393 9,950 4,401 8,778 9,023 Mandatory Benefits 55,454 40,748 37,392 38,752 42,727 Salary Related Total $ 662,086 $ 477,300 $ 431,957 $ 443,703 $ 475,686 Supplies & Services Communications $ - $ - $ - $ - $ - Contractual Services 114,927 131,400 131,400 122,400 115,400 Data Processing 213,812 221,050 221,030 265,450 239,300 Dues & Memberships 716 80 80 - - Materials 12,209 8,500 9,472 8,500 8,500 District Meetings and Events 106 800 800 800 800 Maintenance 11,075 12,350 12,350 19,700 32,440 Non-Capital Equipment 52,789 46,750 46,750 47,250 45,650 Office Expense 11,821 7,600 7,600 7,600 7,600 Professional Services 19,486 9,000 81,825 9,000 9,000 Professional Development 4,252 3,000 5,808 2,000 2,000 Travel & Conferences 10,517 9,700 9,700 10,400 10,400 Utilities 88,508 82,700 82,700 92,750 62,700 Supplies & Services Total $ 540,218 $ 532,930 $ 609,515 $ 585,850 $ 533,790 2-Year (FY20 & FY21) Operating Budget Financial Summaries 27 | P a g e Operations Department FY18 Actual FY19 Budget FY19 Forecast FY20 Budget FY21 Budget Salary Related Expenses Salaries $ 2,946,132 $ 3,408,064 $ 3,196,509 $ 3,524,912 $ 3,657,998 Fringe Benefits 738,719 959,575 728,793 879,697 994,198 Standby – Day Pay 32,050 32,150 32,298 32,150 32,150 Overtime 212,587 189,631 302,643 271,978 274,363 Mandatory Benefits 395,988 458,506 402,944 491,438 532,719 Salary Related Total $ 4,325,476 $ 5,047,926 $ 4,663,187 $ 5,200,175 $ 5,491,428 Supplies & Services Communications $ - $ - $ - $ - $ - Contractual Services 148,709 237,000 188,965 276,274 279,174 Data Processing 31,455 35,000 35,000 40,000 40,000 Dues & Memberships 250 330 145 525 535 Fees & Permits 46,764 112,988 141,887 125,000 125,200 Materials 803,860 676,736 998,114 1,004,900 1,025,500 District Meetings and Events 2,236 3,000 3,375 5,700 6,120 Maintenance 502,017 590,450 667,415 714,800 697,800 Non-Capital Equipment 69,627 87,500 88,288 141,620 106,620 Office Expense 13,422 15,250 14,445 14,730 14,600 Professional Services 13,367 30,000 30,000 95,000 95,000 Professional Development 7,049 19,500 20,574 35,075 31,750 Travel & Conferences 12,185 24,400 12,956 26,100 27,400 Utilities 96,688 100,700 86,607 100,000 100,000 Vehicle Expense 321,118 375,400 370,593 376,700 379,400 Supplies & Services Total $ 2,068,747 $ 2,308,254 $ 2,658,360 $ 2,956,424 $ 2,929,099