HomeMy WebLinkAbout05. Receive financial overview through the month of October 2022 Page 1 of 3
Item 5.
CENTRALSAN
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CENTRAL CONTRA COSTA SANITARY DISTRICT
December 1, 2022
TO: HONORABLE BOARD OF DIRECTORS
FROM: CHRISTOPHER THOMAS, ACCOUNTING SUPERVISOR
KEVIN MIZUNO, FINANCE MANAGER
REVIEWED BY: PHILIP LEIBER, DIRECTOR OF FINANCE AND ADMINISTRATION
ROGER S. BAILEY, GENERAL MANAGER
SUBJECT: RECEIVE FINANCIAL OVERVIEW THROUGH THE MONTH OF OCTOBER
2022
Attached are the Fiscal Year(FY) 2021-22 Financial Overviews for the Operations and Maintenance
(O&M) and Sewer Construction funds through the month of October 2022. These monthly overview
reports illustrate year-to-date spending compared to the estimated year-to-date budget at the fund level in
order to provide a high-level overview of Central San's fiscal performance.
While these monthly Financial Overview reports provide a summary-level snapshot of Central San's fiscal
performance, a more robust report is provided to the Board on a quarterly basis which summarizes
financial results in more detail. While staff considers the monthly Financial Overview reports to be
materially accurate, it is emphasized that these are un-audited and may be subject to change following the
completion of quarterly and year-end "hard close" procedures, as well as adjustments arising from the
year-end independent audit.
Strategic Plan Tie-In
GOAL FOUR: Governance and Fiscal Responsibility
Strategy 1 - Promote and uphold ethical behavior, openness, and accessibility, Strategy 3- Maintain financial stability
and sustainability
ATTACHMENTS:
1. Financial Overview through October 2022
December 1, 2022 Regular Board Meeting Agenda Packet- Page 49 of 157
O&M Fund Total FY 22-23 YTD Expenses by Month
$90,000,000
$80,000,000
$85.OM
$70,000,000
$60,000,000
$50,000,000
$40,000,000
$28.8M
$30,000,000
$20,000,000 $26.7M
$10,000,000 r
Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23
Actual —*—Budget
December 1, 2022 Regular Board Meeting Agenda Packet- Page 50 of 157
Sewer Construction Fund Total FY 22-23 YTD Expenses by Month
$165,000,000
$158.OM
$150,000,000
$135,000,000
$142.2M
$120,000,000
$105,000,000
$90,000,000
$75,000,000
$60,000,000
$44.9M
$45,000,000
$40.4M
$30,000,000
$15,000,000
$13.9M
Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23
*TotaaI authorized spending(2022-23 budget plus unspent rollover appropriations from PY) f Budget* —W—Target- f Actual
**90/o of budget,including PY rollover
December 1, 2022 Regular Board Meeting Agenda Packet- Page 51 of 157