Financial Information

MVSD operates under a fiscal year budget cycle beginning July 1 and ending June 30. The District’s financial planning covers three areas: Operations & Maintenance (O&M), Facilities Rehabilitation, and Capital Improvements. Sewer service charges fund the District’s O&M Budget, a small component of ad valorem property tax funds the District’s Facilities Rehabilitation Budget, and developer fees and sewer service charges fund the District’s Capital Improvements Budget.

The Fiscal Year 2014-15 O&M Budget is $5.11 million. The planned Fiscal Year 2014-15 Facilities Rehabilitation Budget is $0.53 million and planned Capital Improvement expenditures are $2.13 million.

The District’s Sewer Service Charge is $516 per household per year, about 96% of which is required to fund the District’s O&M Activities. Approximately 4% of the Sewer Service Charge (approximately $220,740 annually), revenues from the District’s cellular antennae leases, billboard leases, and solid waste franchise fees (totaling approximately $182,460 annually) and any O&M budget savings realized from the prior year’s O&M budget are the primary sources of funding for the District’s Capital Improvement program. Fees and charges associated with development are used to provide capacity for new connections through the construction of capital improvements.The District receives approximately $270,000 in property taxes (ad valorem taxes) which is earmarked to fund the District’s Facilities Rehabilitation Program.

The District’s Financial Reserves Policy 2013 – Policy Number 3125

Salaries/Benchmarking

As part of the ongoing commitment to government transparency, Controller John Chiang has launched a new statewide database of salaries and compensation as reported by California cities, counties, and special districts for all job classifications. Just follow this link to the Local Government CompensationReporting database and search tool.

District Manager’s Employment Agreement

District Schedule of Rates and Fees

Table 7-1, Schedule of Charges and Fees

Budget

The District’s Fiscal Year 2017-2018 Budget is available here.

The District’s Fiscal Year 2016-2017 Budget is available here.

The District’s Fiscal Year 2015-2016 Budget is available here.

The District’s Fiscal Year 2014-2015 Budget is available here.

The District’s Fiscal Year 2013-2014 Budget is available here.

Audits

Final Audit Report FY 2015-2016

Prior year financial audits are available here:

Final Audit Report FY 2014-2015
Final Audit Report FY 2013-2014
Final Audit Report FY 2012-2013
Final Audit Report FY 2011-2012
Final Audit Report FY 2010-2011
Final Audit Report FY 2009-2010

FY 2015-2016 State Controller’s Special Districts Financial Transactions Report

State Controller’s Office – Special Districts Local Government Compensation Report – Calendar Year 2016

Facilities Replacement and Capital Improvement Program

2017- 2021 Facilities Replacement and Capital Improvement Plan

Reportable Reimbursements for Fiscal Year

Government Code Section 53065.5 requires the annual disclosure of reimbursements for individual charges over $100 for services or products received by Board Members or employees. “Individual charge” includes, but is not limited to: one meal, lodging for one day, or transportation.

FY 2016-2017 Reportable Reimbursements

FY 2015-2016 Reportable Reimbursements

FY 2014-2015 Reportable Reimbursements

FY 2013-2014 Reportable Reimbursements

FY 2012 – 2013 Reportable Reimbursements