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.  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.

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 Compensation Reporting 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 2019-2020 Budget is available here.

The District’s Fiscal Year 2018-2019 Budget is available here.

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.

Audit Reports

Final Audit Report FY 2016-2017

Final Audit Report FY 2015-2016

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

State Controller’s Reports

State Controller Compensation Report 2018

State Controller Compensation Report 2017

State Controller Compensation Report 2016

FY 2016-2017 State Controller’s Special Districts Financial Transaction Report

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

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 2017-2018 Reportable Reimbursements

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