HomeMy WebLinkAbout03.b. Fiscal Reserve Policy (PowerPoint)a
RESERVE POLICY PRESENTATION
Board Workshop — January 20, 2015
Central Contra Costa Sanitary District
Board Direction — November 2014 Workshop
• Operating Fund Working Capital Reserves - 5 months
budgeted expenditures
• Capital Fund Working Capital Reserves — 6 months
annual CIP Budget
• Insurance Reserves $1.5 million — reduce self insured
retention from $1 million to $.5 million per event
• Emergency Reserves - $5 million
$60,000
$50,000
$40,000
$30,000
$20,000
$10,000
FE
July 1, 2014 Cash Allocation By Fund Per Audited Financial Statement
($000's)
Oneratine Fund Canital Fund Insurance Fund Total
$60,000
$50,000
$40,000
$30,000
$20,000
$10,000
$0
Board Directed Cash Allocation By Fund July 1, 2014
($000's)
Operating Fund Capital Fund Insurance Fund Total
$45,000
$40,000
$35,000
$30,000
$25,000
$20,000
$15,000
$10,000
$5,000
Operating Fund Cash Flow FY14 -15
($OOOYS)
Revenue
Expenditures
Cash Balance
$20,000
$18,000
$16,000
$14,000
$12,000
$10,000
$8,000
$6,000
$4,000
$2,000
Sewer Construction Fund Cash Flow FY14 -15
($000's)
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— Revenue
Expenditures
Cash Balance
District Revenue FY 2014 -15
Operating Revenues $86.2 Million
City of HHW Other
Concord $895 r $2,390
$13,500 I I
�i
s
i
Sewer
Service
Charges
$69,447
Capital Revenues $27.8 Million
City of
Concord Other
Sewer $3,305 $1,142
Service
Charges
$3,784
Capacity
Fees
$5,890
Ad
Valorem
Tax
$13,695