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.
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 Schedule of Rates and Fees
Prior year financial audits are available here:
Facilities Replacement and Capital Improvement Program
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.