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HomeMy WebLinkAbout06. (Handout) Legislative Matters - Little Hoover CommissionCentral Contra Costa Sanitary District September 1, 2016 TO: THE HONORABLE BOARD OF DIRECTORS VIA: ROGER S. BAILEY, GENERAL MANAGER e45 ---- FROM: EMILY BARNETT, COMMUNICATION SERVICES AND INTERGOVERNMENTAL RELATIONS MANAGER Item 6. (Handout) SUBJECT: LITTLE HOOVER COMMISSION AUGUST 25, 2016 HEARING ON SPECIAL DISTRICTS — DISTRICT'S WRITTEN RESPONSE TO THE COMMISSION On behalf of the District, I attended and provided testimony at the August 25, 2016 Little Hoover Commission Hearing on Special Districts in Sacramento. The attached letter is the District's written response to testimony provided at the hearing. As a courtesy, a copy of this letter has been sent to the California Association of Sanitation Agencies (CASA) and the California Special Districts Association (CSDA). Representatives from both associations also provided testimony at the hearing. The Board will have an opportunity to discuss this matter at the Board meeting under the Legislative Matters agenda item. Attached Supportina Documents: 1. August 26, 2016 Letter to Little Hoover Commission on Special Districts Hearing Central Contra Costa Sanitary District \qA6 Pro 17 , I August 26, 2016 ► .r• r •1 The Honorable Pedro Nava, Chair Little Hoover Commission 925 L Street, Suite 805 Sacramento, CA 95814 Sent Via Email to littlehoover anlhc.ca.gov 1 1 . •1 II i 2016 PHONE: (925) 228-9500 FAX• (925) 676-7211 www. centralsan org ROGER S. BAILEY General Manager KLNION 1. Al M ('ousel for the Dntnct (51() 808 20/10 LLAINI R HO!.NM!: Secretm7 of the Drvrrct SUBJECT: LITTLE HOOVER COMMISSION HEARING ON SPECIAL DISTRICTS — RESPONSE TO TESTIMONY Dear Chairman Nava: Central Contra Costa Sanitary District (CCCSD) appreciates the Little Hoover Commission's (Commission) efforts to host a public hearing reviewing special districts. While the CCCSD provided oral comments at the August 25, 2016 hearing, this letter serves to provide more detailed written comments. The CCCSD looks forward to working with the Commission's staff as they prepare their final report, but does request that the Commission review source material to verify its accuracy when testimony is provided specifically related to the CCCSD. This would increase the overall accuracy of information for the final report and help to ensure greater understanding, as all parties would be utilizing the same information. About the CCCSD The CCCSD, established in 1946, provides wastewater collection and treatment services to nearly 500,000 residents and more than 3,000 businesses in the East San Francisco Bay Area. Within its 144 square mile service area, the CCCSD operates a 54 -million gallon -per -day capacity treatment plant, 19 pumping stations, and over 1,500 miles of sewer lines. Response to Testimony from the Howard Jarvis Taxpayers Association (HJTA): Property Taxes The HJTA has made comments related to the CCCSD's financials that are inaccurate. It appears that the HJTA's comments were based on comparison reporting from 1997 through 2014, an 18 - year timeframe. In testimony from Jon Coupal of the HJTA, it was stated that, "for the Central Contra Costa Sanitation District property tax revenues more than doubled to $13 million annually" (p. 6). The CCCSD's ad valorem tax revenue is based on the assessed value of property in the area, which has, over the 18 -years reported, continued to increase in the East San Francisco Bay Area, thus accounting for the increase. The CCCSD uses 100% of its ad valorem tax revenue to pay debt service and fund needed infrastructure investments in the treatment plant, pumping stations, facilities, and collections system. Recycled Paper Little Hoover Commission Hearing on Special Districts Response to August 25, 2016 Testimony Page 2 Response to Testimony from the HJTA: Fund Eauitv In testimony from Jon Coupal of the HJTA, it was stated that, "its [CCCSD's] fund equity figure jumped more than 300% from $214 million to $644 million" (p. 6). From the HJTA's comments about the CCCSD's Fund Equity balance, it appears the information includes only half of the actual fund equity from the CCCSD's 1997 Annual Financial Statements Fund Equity/Retained Earnings. The actual information reported by the CCCSD in the 1997 Annual Financial Statement is $430 million, not $214 million as stated by the HJTA. This is a clear error in the information presented by the HJTA. The actual difference in the CCCSD's Fund Equity went from $430 million in 1997 to $644 million in 2014, which is a 50% difference, not a 300% difference as reported by the HJTA. The true 50% increase in the 18 -year timeframe is mainly due to the CCCSD's continued investment in its infrastructure. In addition, the CCCSD adheres to the strict Governmental Accounting Standards Board (GASB) rules which have changed the reporting details set forth in the Fund Equity section of the financial statements over the 18 -year period. An example that intersects this information is the change from "Fund Equity," "net assets" to "net position". The CCCSD's current net position is broken down by: 1. Net investment in capital assets — the cost of what the CCCSD paid in infrastructure Tess depreciation. 2. Restricted for debt service — estimated one-year reserve restricted to pay debt service such as revenue bonds or loan service. 3. Unrestricted — cash or other assets that are not needed to pay liabilities and are not earmarked for a specific purpose. The comments from the HJTA may be construed to suggest that in 2014, the CCCSD had $644 million in cash or other forms of liquid assets. Such a suggestion would be grossly in error. Of the $644 million in net position, $568 million was net investment in capital assets (total investment in infrastructure as of 2014). The actual cash balances as of the date of this letter are approximately $44 million (excluding debt service obligations), which the CCCSD uses to fund annual operations, capital improvements, and for use in emergency situations. Depending on the time of year, that figure can drop as low as $22 million as operational, capital, and self-insurance expenses are paid. The CCCSD appreciates the opportunity to comment on matters of such importance. If further clarification is needed, the CCCSD welcomes the opportunity to provide the Commission with additional information. Sincerely, Ann K. Sasaki, P.E. Deputy General Manager