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HomeMy WebLinkAbout03.c. CAFR Follow-up InformationS.&. Central Contra Costa Sanitary District December 8, 2014 TO: FINANCE COMMITTEE FROM: THEA VASSALLO, FINANCE MANAGER VIA: ROGER S. BAILEY, GENERAL MANAGER DAVID HEATH, DIRECTOR OF ADMINISTRA IONA SUBJECT: FOLLOW -UP INFORMATION REQUESTED ON THE COMPREHENSIVE ANNUAL FINANCIAL REPORT (CAFR) At the November 24, 2014 Finance Committee meeting, staff was asked to provide additional information regarding possible discrepancies on the table of the Ten Largest Customers over the last ten fiscal years (page S -6) of the Comprehensive Annual Financial Report (CAFR) as of June 30, 2014. Finance Manager Thea Vassallo worked with Development Services Supervisor Kim Stahl to review inconsistencies in the information reported. The original customers in question were Chevron Offices and Office Park (Chevron) and First Walnut Creek Mutual Staff determined the reason for the differences in Chevron reporting was that Fiscal Year 2007 -09 charges included irrigation. First Walnut Creek Mutual had been reported in earlier years, then dropped off the list, and reappeared in Fiscal Year 2013 -14. After discussion and further review with Ms. Stahl, it was found that First Walnut Creek Mutual consists of ten different parcels. This customer has been updated on the ten -year summary to consistently report the ten parcels that total 950 units. Attached is the revised List of Ten Largest Customers that was included in the final CAFR document. Footnotes were also added to help explain fluctuations in the charges for all customers listed. Attachment Central Contra Costa Sanitary District Sewer Service Charge List Of Ten Largest Customers Ten Fiscal Years 2004 -2005 2005 -2006 2006 -2007 2007 -2008 2008 -2009 Percentage of Percentage of Percentage of Percentage of Percentage of Operating Operating Operating Operating Operating Operating Operating Operating Operating Operating Customer Revenue Rank Revenue Revenue Rank Revenue Revenue Rank Revenue Revenue Rank Revenue Revenue Rank Revenue City of Concord 1. $6,603,000 1 16.44% $7,383,011 1 15.90% $9,043,215 1 19.76% $8,206,860 1 16.45% $8,755,857 1 16.40% Chevron Offices & Office Park 2. - - - - - - 340,389 2 0.68% 363,739 2 0.68% Contra Costa County General Services 4. 294,670 2 0.73% 295,173 2 0.64% 322,351 2 0.70% 316,854 3 0.64% 320,866 3 0.60% First Walnut Creek Mutual 266,000 3 0.66% 266,000 3 0.57% 274,550 3 0.60% 285,000 4 0.57% 295,450 4 0.55% Park Regency Apartments 249,760 4 0.62% 249,760 4 0.54% 257,788 4 0.56% 267,600 5 0.54% 277,412 5 0.52% Second Walnut Creek Mutual Apts 210,000 5 0.52% 210,000 5 0.45% 216,750 5 0.47% 225,000 6 0.45% 233,250 6 0.44% Sun Valley Mall 158,077 6 0.39% 169,916 6 0.37% 176,293 6 0.39% 183,380 8 0.37% 190,734 7 0.36% Archstone/Treat Commons Apartments 142,800 7 0.36% 142,800 7 0.31% - - - - - - St. Mary's College Contract - - 117,119 10 0.25% 127,355 8 0.28% 136,016 9 0.27% 126,222 8 0.24% Branch Creek Vista Apartmentt - - - - - - - - 124,400 10 0.23% Reflections San Ramon Apartments 3. 139,062 8 0.35% 139,062 8 0.30% - - - - - Willows Shopping Center 4. 120,459 9 0.30% - - 128,303 7 0.28% - - Bay Landing Apartments - - - - 104,040 10 0.23% - - Kaiser Foundation Hospital 4. 100,976 10 0.25% 126,904 9 0.27% - - 118,809 10 0.24% - - John Muir Health 4. - - - - 121,613 9 0.27% 223,775 7 0.45% 125,292 9 0.23% Total $8,284,804 20.62% $9,099,745 19.60% $10,772,258 23.54% $10,303,683 20.66% $10,813,222 20.26% 2009 -2010 2010 -2011 2011 -2012 2012 -2013 2013 -2014 Percentage of Percentage of Percentage of Percentage of Percentage of Operating Operating Operating Operating Operating Operating Operating Operating Operating Operating Customer Revenue Rank Revenue Revenue Rank Revenue Revenue Rank Revenue Revenue Rank Revenue Revenue Rank Revenue City of Concord 1. $8,664,668 1 14.73% $9,224,952 1 15.40% $10,647,389 1 17.28% $10,483,421 1 15.18% $11,625,864 1 15.71% Contra Costa County General Services 4. 305,880 2 0.52% 301,430 2 0.50% 292,384 4 0.47% 321,803 4 0.47% 419,590 2 0.57% First Walnut Creek Mutual 295,450 3 0.50% 295,450 3 0.49% 323,950 2 0.53% 352,450 2 0.51% 384,750 3 0.52% Park Regency Apartments 277,412 4 0.47% 277,412 4 0.46% 304,172 3 0.49% 330,932 3 0.48% 361,260 4 0.49% Second Walnut Creek Mutual Apts 233,250 5 0.40% 233,250 5 0.39% 255,750 5 0.42% 278,250 5 0.40% 303,750 5 0.41% Sun Valley Mall 197,566 6 0.34% 193,957 6 0.32% 203,037 6 0.33% 174,038 7 0.25% 211,866 6 0.29% Branch Creek Vista Apartments 124,400 9 0.21% 124,400 7 0.21% 136,400 7 0.22% 148,400 9 0.21% 162,000 7 0.22% John Muir Health 4. - - - - - - 176,381 6 0.26% 148,374 8 0.20% Bay Landing Apartments 111,960 10 0.19% 111,960 8 0.19% 122,760 8 0.20% 133,560 10 0.19% 145,800 9 0.20% Willows Shopping Center 4. - - - - - - - - 145,091 10 0.20% Archstone Apartments - - 108,850 9 -10 0.18% 119,350 10 0.19% - - - - Muirland @ Windemere Apartments - - 108,850 9 -10 0.18% 119,350 10 0.19% - - - - St. Mary's College Contract - - - - 119,407 9 0.19% 158,480 8 0.23% - Chevron Offices & Office Park 2. 165,561 7 0.28% - - - _ Kaiser Foundation Hospital 4. 136,753 8 0.23% - - _ _ Total $10,512,900 17.87% $10,980,511 18.33% $12,643,949 20.52% $12,557,715 18.18% $13,908,345 18.79% 1. Contract with the City of Concord to treat and dispose of wastewater for Concord and Clayton. 2. Charges included irrigation in years 07 -08 and 08 -09. 3. Converted to condominiums during 06-07 fiscal year. 4. Kaiser, John Muir Health, Willows Shopping Center, and County hospital are permitted industries. Source: Central Contra Costa Sanitary District Environmental Services Division S -6