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. The O&M consist of salaries and benefits, general office expenses, equipment and supplies, repair and maintenance, contractual and professional services, utilities and debt service. Revenues include Sewer Service Charges, Ad Valorem Property Taxes, revenues from leases (Cellular Telephone Sites and Billboards), Development related fees (Plan Review, Inspection, Capacity, and Connection fees), and miscellaneous other fees and charges for services provided by the District. The District’s Budget is balanced and consistent in our commitment to provide for the long-term continued provision of services to the District’s ratepayers.
The Fiscal Year 2019-2020 Annual Budget appropriates funds for anticipated expenditures of $10 million for all District funds with total revenue projections of $7.7 million. This includes the first year of the District’s $0.5 million loan repayment after receipt of supplemental funding through an Installment Sale Agreement to support capital projects. The proposed budget anticipates 2019-2020 fiscal year-end total reserves balance of $6.8 million which represents a planned or budgeted increase of total reserves on June 30, 2020.
The FY19-20 O&M budget projects revenues of $7.2 million and expenditures of $6.7 million and reflect an 8 percent increase in expenditures from the prior year. Sewer Service Charges and other miscellaneous charges and fees fully support operations and maintenance expenditures. In this upcoming fiscal year, a revised rate study may be required to identify resources and determine future funding for capital projects.
The FY19-20 Facilities Rehabilitation Fund budget projects revenues of $0.37 million with planned expenditures of $0.6 million. A large portion of expenditures are identified for contingencies with the intent to avoid increased rate pressure from one-time, high-dollar O&M projects that may not occur within the fiscal year.
The Capital Outlay Fund is intended to fund infrastructure needs for the District and to fund existing and future capacity needs within the District’s collection, treatment and disposal systems. The FY19-20 Capital Outlay Fund budget projects revenues of $0.86 million with proposed budget expenditures of approximately $1.7 million in capital improvements. Other capital outlay costs are also identified for funding. A transfer of approximately $1.2 million from an Installment Sale Agreement (Loan) for approved projects will supplement expenditures along with a portion of Sewer Service Charges and use of cash reserves.
The District’s FY19-20 Sewer Service Charge is $615.60 for Residential units per household per year; Multi-Residential units (Apartments and Mobile Homes) is $530.16 per year. Other approved charges and fees can be found on the District Code page under Chapter 7: Fees, Rates and Charges, Section 7.21 – Schedule of Charges and Fees Table.
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 Compensation Reporting database and search tool.
District Schedule of Rates and Fees
District Sewer Service Charges Study
State Controller’s Reports
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.