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HomeMy WebLinkAboutAgenda Packet - EVWD Board of Directors - 02/26/2025BOARD OF DIRECTORS FEBRUARY 26, 2025 East Valley Water District was formed in 1954 and provides water and wastewater services to 108,000 residents within the cities of San Bernardino and Highland, and portions of San Bernardino County. EVWD operates under the direction of a 5­member elected Board. GOVERNING BOARD EXECUTIVE MANAGEMENT James Morales, Jr. Chairman of the Board Michael Moore General Manager/CEO Ronald L. Coats Vice­Chairman Brian W. Tompkins Chief Financial Officer Chris Carrillo Governing Board Member Jeff Noelte Director of Engineering & Operations David E. Smith Governing Board Member Kerrie Bryan Director of Administrative Services Phillip R. Goodrich Governing Board Member Patrick Milroy  Operations Manager Manuel Moreno Water Reclamation Manager William Ringland Public Affairs/Conservation Manager Justine Hendricksen District Clerk Board of Directors Regular Meeting February 26, 2025 ­ 5:00 PM 31111 Greenspot Road, Highland, CA 92346 www.eastvalleywater.gov PLEASE NOTE: Materials related to an item on this agenda submitted to the Board after distribution of the agenda packet are available for public inspection in the District’s office located at 31111 Greenspot Rd., Highland, during normal business hours. Also, such documents are available on the District’s website at eastvalley.org and are subject to staff’s ability to post the documents before the meeting. Pursuant to Government Code Section 54954.2(a), any request for a disability­related modification or accommodation, including auxiliary aids or services, that is sought in order to participate in the above agendized public meeting should be directed to the District Clerk at (909) 885­4900 at least 72 hours prior to said meeting. In order to comply with legal requirements for posting of agenda, only those items filed with the District Clerk by 12:00 p.m. on Wednesday prior to the following Wednesday meeting not requiring departmental investigation, will be considered by the Board of Directors. CALL TO ORDER PLEDGE OF ALLEGIANCE PRESENTATIONS AND CEREMONIAL ITEMS American Concrete Institute Project Award – Sterling Natural Resource Center Introduction of Newly Hired Employee Alexander Navarro, Water Quality Technician Dominic Gomez, Field Service Worker I ROLL CALL OF BOARD MEMBERS PUBLIC COMMENTS Any person wishing to speak to the Board of Directors is asked to complete a Speaker Card and submit it to the District Clerk prior to the start of the meeting. Each speaker is limited to three (3) minutes, unless waived by the Chairman of the Board. Under the State of California Brown Act, the Board of Directors is prohibited from discussing or taking action on any item not listed on the posted agenda. The matter will automatically be referred to staff for an appropriate response or action and may appear on the agenda at a future meeting. 1.AGENDA This agenda contains a brief general description of each item to be considered. Except as otherwise provided by law, no action shall be taken on any item not appearing on the following agenda unless the Board of Directors makes a determination that an emergency exists or that a need to take immediate action on the item came to the attention of the District subsequent to the posting of the agenda. a.Approval of Agenda 2.APPROVAL OF CONSENT CALENDAR All matters listed under the Consent Calendar are considered by the Board of Directors to be routine and will be enacted in one motion. There will be no discussion of these items prior to the time the board considers the motion unless members of the board, the administrative staff, or the public request specific items to be discussed and/or removed from the Consent Calendar. a.Approve the February 12, 2025 Regular Board Meeting Minutes b.Approve January 2025 Disbursements: Accounts payable disbursements for the period include check numbers 264607 through 264804, bank drafts, and ACH payments in the amount of $4,367,138.07 and $785,377.85 for payroll c.Accept and File Financial Statements for December 2024 d.Accept and File Investment Transaction Report for Month Ended January 31, 2025 3.DISCUSSION AND POSSIBLE ACTION ITEMS a.Consider Approval of Unfunded Accrued Liability Pension Management Policy 7.8 b.Consider Approval of Fiscal Year 2024­25 Mid­Year Budget Revisions 4.REPORTS a.Board of Directors’ Reports b.General Manager/CEO Report Water Supply Dashboard c.Legal Counsel Report d.Board of Directors’ Comments ADJOURN BOARD OF DIRECTORSFEBRUARY 26, 2025East Valley Water District was formed in 1954 and provides water and wastewater services to108,000 residents within the cities of San Bernardino and Highland, and portions of SanBernardino County.EVWD operates under the direction of a 5­member elected Board.GOVERNING BOARD EXECUTIVE MANAGEMENTJames Morales, Jr.Chairman of the Board Michael MooreGeneral Manager/CEORonald L. CoatsVice­Chairman Brian W. TompkinsChief Financial OfficerChris CarrilloGoverning Board Member Jeff NoelteDirector of Engineering & OperationsDavid E. SmithGoverning Board Member Kerrie BryanDirector of Administrative ServicesPhillip R. GoodrichGoverning Board Member Patrick Milroy Operations ManagerManuel MorenoWater Reclamation ManagerWilliam Ringland Public Affairs/Conservation Manager Justine Hendricksen District Clerk Board of Directors Regular Meeting February 26, 2025 ­ 5:00 PM 31111 Greenspot Road, Highland, CA 92346 www.eastvalleywater.gov PLEASE NOTE: Materials related to an item on this agenda submitted to the Board after distribution of the agenda packet are available for public inspection in the District’s office located at 31111 Greenspot Rd., Highland, during normal business hours. Also, such documents are available on the District’s website at eastvalley.org and are subject to staff’s ability to post the documents before the meeting. Pursuant to Government Code Section 54954.2(a), any request for a disability­related modification or accommodation, including auxiliary aids or services, that is sought in order to participate in the above agendized public meeting should be directed to the District Clerk at (909) 885­4900 at least 72 hours prior to said meeting. In order to comply with legal requirements for posting of agenda, only those items filed with the District Clerk by 12:00 p.m. on Wednesday prior to the following Wednesday meeting not requiring departmental investigation, will be considered by the Board of Directors. CALL TO ORDER PLEDGE OF ALLEGIANCE PRESENTATIONS AND CEREMONIAL ITEMS American Concrete Institute Project Award – Sterling Natural Resource Center Introduction of Newly Hired Employee Alexander Navarro, Water Quality Technician Dominic Gomez, Field Service Worker I ROLL CALL OF BOARD MEMBERS PUBLIC COMMENTS Any person wishing to speak to the Board of Directors is asked to complete a Speaker Card and submit it to the District Clerk prior to the start of the meeting. Each speaker is limited to three (3) minutes, unless waived by the Chairman of the Board. Under the State of California Brown Act, the Board of Directors is prohibited from discussing or taking action on any item not listed on the posted agenda. The matter will automatically be referred to staff for an appropriate response or action and may appear on the agenda at a future meeting. 1.AGENDA This agenda contains a brief general description of each item to be considered. Except as otherwise provided by law, no action shall be taken on any item not appearing on the following agenda unless the Board of Directors makes a determination that an emergency exists or that a need to take immediate action on the item came to the attention of the District subsequent to the posting of the agenda. a.Approval of Agenda 2.APPROVAL OF CONSENT CALENDAR All matters listed under the Consent Calendar are considered by the Board of Directors to be routine and will be enacted in one motion. There will be no discussion of these items prior to the time the board considers the motion unless members of the board, the administrative staff, or the public request specific items to be discussed and/or removed from the Consent Calendar. a.Approve the February 12, 2025 Regular Board Meeting Minutes b.Approve January 2025 Disbursements: Accounts payable disbursements for the period include check numbers 264607 through 264804, bank drafts, and ACH payments in the amount of $4,367,138.07 and $785,377.85 for payroll c.Accept and File Financial Statements for December 2024 d.Accept and File Investment Transaction Report for Month Ended January 31, 2025 3.DISCUSSION AND POSSIBLE ACTION ITEMS a.Consider Approval of Unfunded Accrued Liability Pension Management Policy 7.8 b.Consider Approval of Fiscal Year 2024­25 Mid­Year Budget Revisions 4.REPORTS a.Board of Directors’ Reports b.General Manager/CEO Report Water Supply Dashboard c.Legal Counsel Report d.Board of Directors’ Comments ADJOURN BOARD OF DIRECTORSFEBRUARY 26, 2025East Valley Water District was formed in 1954 and provides water and wastewater services to108,000 residents within the cities of San Bernardino and Highland, and portions of SanBernardino County.EVWD operates under the direction of a 5­member elected Board.GOVERNING BOARD EXECUTIVE MANAGEMENTJames Morales, Jr.Chairman of the Board Michael MooreGeneral Manager/CEORonald L. CoatsVice­Chairman Brian W. TompkinsChief Financial OfficerChris CarrilloGoverning Board Member Jeff NoelteDirector of Engineering & OperationsDavid E. SmithGoverning Board Member Kerrie BryanDirector of Administrative ServicesPhillip R. GoodrichGoverning Board Member Patrick Milroy Operations ManagerManuel MorenoWater Reclamation ManagerWilliam RinglandPublic Affairs/Conservation ManagerJustine HendricksenDistrict ClerkBoard of Directors Regular MeetingFebruary 26, 2025 ­ 5:00 PM31111 Greenspot Road, Highland, CA 92346www.eastvalleywater.govPLEASE NOTE:Materials related to an item on this agenda submitted to the Board after distribution of theagenda packet are available for public inspection in the District’s office located at 31111Greenspot Rd., Highland, during normal business hours. Also, such documents are availableon the District’s website at eastvalley.org and are subject to staff’s ability to post thedocuments before the meeting.Pursuant to Government Code Section 54954.2(a), any request for a disability­relatedmodification or accommodation, including auxiliary aids or services, that is sought in orderto participate in the above agendized public meeting should be directed to the District Clerkat (909) 885­4900 at least 72 hours prior to said meeting. In order to comply with legal requirements for posting of agenda, only those items filed with the District Clerk by 12:00 p.m. on Wednesday prior to the following Wednesday meeting not requiring departmental investigation, will be considered by the Board of Directors. CALL TO ORDER PLEDGE OF ALLEGIANCE PRESENTATIONS AND CEREMONIAL ITEMS American Concrete Institute Project Award – Sterling Natural Resource Center Introduction of Newly Hired Employee Alexander Navarro, Water Quality Technician Dominic Gomez, Field Service Worker I ROLL CALL OF BOARD MEMBERS PUBLIC COMMENTS Any person wishing to speak to the Board of Directors is asked to complete a Speaker Card and submit it to the District Clerk prior to the start of the meeting. Each speaker is limited to three (3) minutes, unless waived by the Chairman of the Board. Under the State of California Brown Act, the Board of Directors is prohibited from discussing or taking action on any item not listed on the posted agenda. The matter will automatically be referred to staff for an appropriate response or action and may appear on the agenda at a future meeting. 1.AGENDA This agenda contains a brief general description of each item to be considered. Except as otherwise provided by law, no action shall be taken on any item not appearing on the following agenda unless the Board of Directors makes a determination that an emergency exists or that a need to take immediate action on the item came to the attention of the District subsequent to the posting of the agenda. a.Approval of Agenda 2.APPROVAL OF CONSENT CALENDAR All matters listed under the Consent Calendar are considered by the Board of Directors to be routine and will be enacted in one motion. There will be no discussion of these items prior to the time the board considers the motion unless members of the board, the administrative staff, or the public request specific items to be discussed and/or removed from the Consent Calendar. a.Approve the February 12, 2025 Regular Board Meeting Minutes b.Approve January 2025 Disbursements: Accounts payable disbursements for the period include check numbers 264607 through 264804, bank drafts, and ACH payments in the amount of $4,367,138.07 and $785,377.85 for payroll c.Accept and File Financial Statements for December 2024 d.Accept and File Investment Transaction Report for Month Ended January 31, 2025 3.DISCUSSION AND POSSIBLE ACTION ITEMS a.Consider Approval of Unfunded Accrued Liability Pension Management Policy 7.8 b.Consider Approval of Fiscal Year 2024­25 Mid­Year Budget Revisions 4.REPORTS a.Board of Directors’ Reports b.General Manager/CEO Report Water Supply Dashboard c.Legal Counsel Report d.Board of Directors’ Comments ADJOURN BOARD OF DIRECTORSFEBRUARY 26, 2025East Valley Water District was formed in 1954 and provides water and wastewater services to108,000 residents within the cities of San Bernardino and Highland, and portions of SanBernardino County.EVWD operates under the direction of a 5­member elected Board.GOVERNING BOARD EXECUTIVE MANAGEMENTJames Morales, Jr.Chairman of the Board Michael MooreGeneral Manager/CEORonald L. CoatsVice­Chairman Brian W. TompkinsChief Financial OfficerChris CarrilloGoverning Board Member Jeff NoelteDirector of Engineering & OperationsDavid E. SmithGoverning Board Member Kerrie BryanDirector of Administrative ServicesPhillip R. GoodrichGoverning Board Member Patrick Milroy Operations ManagerManuel MorenoWater Reclamation ManagerWilliam RinglandPublic Affairs/Conservation ManagerJustine HendricksenDistrict ClerkBoard of Directors Regular MeetingFebruary 26, 2025 ­ 5:00 PM31111 Greenspot Road, Highland, CA 92346www.eastvalleywater.govPLEASE NOTE:Materials related to an item on this agenda submitted to the Board after distribution of theagenda packet are available for public inspection in the District’s office located at 31111Greenspot Rd., Highland, during normal business hours. Also, such documents are availableon the District’s website at eastvalley.org and are subject to staff’s ability to post thedocuments before the meeting.Pursuant to Government Code Section 54954.2(a), any request for a disability­relatedmodification or accommodation, including auxiliary aids or services, that is sought in orderto participate in the above agendized public meeting should be directed to the District Clerkat (909) 885­4900 at least 72 hours prior to said meeting.In order to comply with legal requirements for posting of agenda, only those items filedwith the District Clerk by 12:00 p.m. on Wednesday prior to the following Wednesdaymeeting not requiring departmental investigation, will be considered by the Board ofDirectors.CALL TO ORDERPLEDGE OF ALLEGIANCEPRESENTATIONS AND CEREMONIAL ITEMSAmerican Concrete Institute Project Award – Sterling Natural Resource CenterIntroduction of Newly Hired EmployeeAlexander Navarro, Water Quality TechnicianDominic Gomez, Field Service Worker IROLL CALL OF BOARD MEMBERSPUBLIC COMMENTSAny person wishing to speak to the Board of Directors is asked to complete a SpeakerCard and submit it to the District Clerk prior to the start of the meeting. Each speaker islimited to three (3) minutes, unless waived by the Chairman of the Board. Under the Stateof California Brown Act, the Board of Directors is prohibited from discussing or takingaction on any item not listed on the posted agenda. The matter will automatically bereferred to staff for an appropriate response or action and may appear on the agenda at afuture meeting.1.AGENDAThis agenda contains a brief general description of each item to be considered.Except as otherwise provided by law, no action shall be taken on any item notappearing on the following agenda unless the Board of Directors makes adetermination that an emergency exists or that a need to take immediate action onthe item came to the attention of the District subsequent to the posting of theagenda.a.Approval of Agenda2.APPROVAL OF CONSENT CALENDARAll matters listed under the Consent Calendar are considered by the Board ofDirectors to be routine and will be enacted in one motion. There will be nodiscussion of these items prior to the time the board considers the motion unless members of the board, the administrative staff, or the public request specific items to be discussed and/or removed from the Consent Calendar. a.Approve the February 12, 2025 Regular Board Meeting Minutes b.Approve January 2025 Disbursements: Accounts payable disbursements for the period include check numbers 264607 through 264804, bank drafts, and ACH payments in the amount of $4,367,138.07 and $785,377.85 for payroll c.Accept and File Financial Statements for December 2024 d.Accept and File Investment Transaction Report for Month Ended January 31, 2025 3.DISCUSSION AND POSSIBLE ACTION ITEMS a.Consider Approval of Unfunded Accrued Liability Pension Management Policy 7.8 b.Consider Approval of Fiscal Year 2024­25 Mid­Year Budget Revisions 4.REPORTS a.Board of Directors’ Reports b.General Manager/CEO Report Water Supply Dashboard c.Legal Counsel Report d.Board of Directors’ Comments ADJOURN Agenda Item #2a February 26, 20251 Meeting Date: February 26, 2025 Agenda Item #2a Consent Item Regular Board Meeting TO: Governing Board Members FROM: General Manager/CEO SUBJECT: Approve the February 12, 2025 Regular Board Meeting Minutes RECOMMENDATION That the Board of Directors approve the February 12, 2025 regular Board meeting minutes as submitted. DISTRICT PILLARS AND STRATEGIES V - Community Engagement, Advocacy, and Leadership a. Utilize Effective Communication Methods to Foster Exceptional Community Relations REVIEW BY OTHERS This agenda item has been reviewed by Administration. FISCAL IMPACT There is no fiscal impact associated with this agenda item. Recommended by: ________________ Michael Moore General Manager/CEO Respectfully submitted: ________________ Justine Hendricksen District Clerk ATTACHMENTS February 12, 2025 Regular Board Meeting Minutes Regular Board Meeting Meeting Date: February 12, 2025 CALL TO ORDER The Chairman of the Board called the meeting to order at 4:00 p.m. ROLL CALL OF BOARD MEMBERS PRESENT Directors: Carrillo, Coats, Goodrich, Morales, Smith ABSENT None STAFF Michael Moore, General Manager/CEO; Brian Tompkins, Chief Financial Officer; Jeff Noelte, Director of Engineering and Operations; Manny Moreno, Water Reclamation Manager; William Ringland, Public Affairs/Conservation Manager; Justine Hendricksen, District Clerk; Shayla Antrim, Administrative Specialist LEGAL COUNSEL Jean Cihigoyenetche GUESTS Members of the public PUBLIC COMMENTS Chairman Morales declared the public participation section of the meeting open at 4:01 p.m. There being no written or verbal comments, the public participation section was closed. Draft pending approval 2 0 8 6 1.APPROVAL OF AGENDA a.Approval of Agenda A motion was made by Director Smith seconded by Vice Chairman Coats, that the Board approve the February 12, 2025 agenda as submitted. The motion carried by the following: Ayes: Carrillo, Coats, Goodrich, Morales, Smith Noes: None Absent: None 2.RECESS INTO CLOSED SESSION The Board entered into Closed Session at 4:01 p.m. as provided in the Ralph M. Brown Act Government Code Sections 54956.9(d)(1) and 54956.9(b) to discuss the items listed on the agenda. RECONVENE THE MEETING The Board reconvened the meeting at 5:01 p.m. PLEDGE OF ALLEGIANCE Director Carrillo led the flag salute. ROLL CALL OF BOARD MEMBERS PRESENT Directors: Carrillo, Coats, Goodrich, Morales, Smith ABSENT None ANNOUNCEMENT OF CLOSED SESSION ACTIONS With respect to Item #2.a. legal counsel stated that no reportable action was taken. With respect to Item #2.b. legal counsel stated that no reportable action was taken. PRESENTATIONS AND CEREMONIAL ITEMS •American Public Works Association 2024 Best Project of the Year Award – Sterling Natural Resource Center The Sterling Natural Resource Center (SNRC) project was recognized by the American Public Works Association (APWA) as the 2024 Project of the Year in the drainage, water, and wastewater category, which honors critical infrastructure projects that ensure sustainable and efficient water management. Melissa Demirci and Pamela Manning from the APWA Southern California section presented the award. Melissa Demirci noted that the SNRC project was highly competitive, with a record-breaking 97 project submissions from 53 agencies. 2 0 8 6 •Public Relations Excellence Award – Fats, Oils, and Grease (FOG) Outreach Campaign The Public Affairs/Conservation Manager presented the District's Public Relations Excellence Award for the Fats, Oils, and Grease (FOG) Outreach Campaign. He stated that this award highlighted the District's commitment to supporting the new FOG program after taking over the program from the City of San Bernardino. He noted that the District quickly developed a campaign to educate the business community on FOG management. PUBLIC COMMENTS Chairman Morales declared the public participation section of the meeting open at 5:15 p.m. Mr. Fred Yauger made a public comment requesting the implementation of a program to record Board meetings for public access. There being no further written or verbal comments, the public participation section was closed at 5:18 p.m. 3.APPROVAL OF CONSENT CALENDAR a.Approve the January 22, 2025 Regular Board Meeting Minutes b.Approve Directors' Fees and Expenses for January 2025 A motion was made by Vice Chairman Coats, seconded by Director Carrillo, that the Board approve the Consent Calendar items as submitted. The motion carried by the following: Ayes: Carrillo, Coats, Goodrich, Morales, Smith Noes: None Absent: None Abstain: None 4.INFORMATIONAL ITEMS a. Phase I of the San Bernardino Groundwater Basin Optimization Plan Update The General Manager/CEO provided an overview of the San Bernardino Groundwater Basin and its importance to the region. He stated that the plan aims to establish a long-term collaborative process among stakeholders to optimize the basin's management and sustainability. The plan includes goals such as utilizing water supplies in the region, maximizing recycled water, and ensuring equitable water quality for all pumpers. The plan involves a three-phase process, with phase one focusing on stakeholder engagement and developing desired outcomes and goals. 2 0 8 6 Mr. Michael Plinkski of the San Bernardino Valley Municipal Water District provided an update on phase two of the San Bernardino Groundwater Basin Optimization Plan. He stated that the development of the phase two plan is slated for late spring or early summer. This phase will focus on assessing the groundwater basin’s current state, addressing program elements from phase one, and determining equitable cost distribution among basin producers. Once phase two is complete, the plan will move into the implementation phase. For information only. 5.DISCUSSION AND POSSIBLE ACTION ITEMS a. Consider Adoption of 5-Year Work Plan The General Manager/CEO presented the District's 5-Year Work Plan, explaining that it serves as a bridge between the Strategic Plan and the annual budget. He stated that the work plan organizes the District's initiatives and aligns them with the pillars and strategies identified in the Strategic Plan. The General Manager/CEO outlined the six key pillars of the work plan. For each pillar, he highlighted specific projects and programs the District plans to undertake over the next five years, such as developing a roadmap for water use efficiency, implementing a resiliency program, rehabilitating infrastructure, and expanding community outreach efforts. He emphasized that the work plan allows the District to prioritize resources, anticipate needs, and ensure organizational clarity in how they acquire equipment, assets, and services to support the strategic initiatives. A motion was made by Director Goodrich, seconded by Vice Chairman Coats, that the Board of Directors adopt and file the District’s FY 2025/26 5-Year Work Plan as submitted. The motion carried by the following: Ayes: Carrillo, Coats, Goodrich, Morales, Smith Noes: None Absent: None Abstain: None 6.REPORTS a.Board of Directors’ Reports Director Goodrich reported on the following: January 27 he attended the Association of San Bernardino County Special Districts (ASBCSD) meeting, where the County auditor was the guest speaker; January 27 he attended the Engineering and Operations Committee meeting, where updates on department activities and projects were provided; January 28 he attended the Highland City Council meeting, where the discussion was filling the vacant District 2 seat; January 29 he participated in a tour of the Sterling Natural Resource Center, hosting members from the California Association 2 0 8 6 of Sanitation Agencies (CASA) Winter Conference; January 30 he attended the CASA Winter Conference, where panels on AI and energy generation at wastewater facilities were presented; January 31 he met with a representative from Congressman Alejandro's office to discuss the Pathway Program; February 4 he attended the Yucaipa Valley Water District meeting, where topics included dealing with Edison power shutoffs and changing the meeting schedule; and February 11 he spoke in favor of an item at the Highland City Council meeting related to a reimbursement agreement between the City and East Valley Water District. Director Carrillo reported on the following: January 27 he attended the Engineering and Operations Committee meeting; February 5 he attended the San Bernardino City Council meeting via Zoom, where they discussed homeless encampments; February 10 he participated in a San Bernardino City Council special closed session meeting; February 10 he met with the General Manager/CEO to discuss District business and to review the agenda; and February 11 he attended the Inland Action weekly meeting via Zoom, where Mark Ghilarducci gave a presentation from Southern California Edison. Vice Chairman Coats reported the following: January 27 he attended the Association of San Bernardino County Special Districts meeting, where the speaker was the County Auditor-Controller-Treasurer-Tax Collector; January 28 he attended the Highland Chamber of Commerce monthly meeting, where the guest speaker was from Burgeson’s Heating & Air Conditioning; January 29 he accompanied members of CASA on a tour of the Sterling Natural Resource Center; January 30 he attended the CASA conference, where presentations were given on AI and energy generation at wastewater facilities; February 3, he met with Chairman Morales, the General Manager/CEO, and the Public Affairs/Conservation Manager to prepare for the trip to Sacramento; February 4 he traveled to Sacramento and met with local legislators, including Tom Lackey, Grant Wills, Eloise Reyes, and James Ramos, along with the District's lobbyists; February 6 he attended agenda review with Chairman Morales and the General Manager/CEO; February 6-7, he traveled to Sacramento for Professional Development and Member Services Committee meetings with the California Special District Association; and February 11 he attended the Finance and Human Resources Committee meeting, where updates were provided on new 2025 employment laws, the unfunded accrued liability pension management policy, and the fiscal year 2024-25 mid-year review. Director Smith reported on the following: January 28 he attended the ASBCSD meeting; January 29 he attended the Highland City Council meeting; February 4 he attended the San Bernardino Valley Municipal Water District Board meeting; February 8 he attended the Plant 129 Open House event; and February 12 he attended the San Bernardino Valley Water Conservation District meeting, where he noted Director Falcone's expertise and contributions. Chairman Morales reported on the following: February 3 he participated in a legislative preparation strategy and education update meeting with Vice Chairman Coats and 2 0 8 6 staff; February 4 he traveled to Sacramento and met with several legislators, and discussed new water use efficiency legislation, the District's Pathway Program, and low-income rate assistance; February 6 he met with Vice Chairman Coats and the General Manager/CEO to discuss District business; and February 7 he attended the Association of California Water Agencies State Legislative Committee meeting. For information only. b. General Manager/CEO Report The General Manager/CEO reported on the following: •February 17 - In observance of the Presidents’ Day holiday, the District’s offices and customer service lines will be closed. •Staff is discussing efforts to mitigate the impact of tariffs on District projects. •The District won an award for the Sterling Natural Resource Center from the Association of Consulting Engineers of California, bringing the total to 14 awards in nine months. •February 4 – He attended a Legislative Trip to discuss water use efficiency objectives with State legislators, low-income rate assistance, and EVWD Educational Pathway Programs. •On February 8 - The District hosted a Water Conservation Workshop to inform residents about reducing the risk of fire hazards by installing a defensible landscape. Approximately 50 people were in attendance. •On March 3, the District will begin a construction project at Plant 129 for a new groundwater well and well house. The project will be completed in phases and is expected to be completed in 18 months. •On February 8, the District hosted an Open House for surrounding homes near the Plant 129 Project. Notices were mailed and physically delivered to homes in the affected area. •On February 6, the District hosted a pop-up booth at the Highland Stater Brothers to encourage customers to flush smart. Wipes, dental floss and paper towels belong in the trash. •A video explaining the District's budget-based rates is shown to help customers understand their water bills and encourage responsible water use. For information only. c. Legal Counsel Report No report at this time. 2 0 8 6 d. Board of Directors’ Comments Vice Chairman Coats thanked everyone for attending the meeting. Chairman Morales shared positive feedback from a professional in the TV and video industry about the budget video. He commented that he appreciates the community’s messaging efforts, including events and workshops aimed at public engagement. For information only. ADJOURN Chairman Morales adjourned the meeting at 6:31 p.m. James Morales, Jr., Board President Michael Moore, Board Secretary Agenda Item #2b February 26, 20251 Meeting Date: February 26, 2025 Agenda Item #2b Consent Item 1 3 4 6 Regular Board Meeting TO: Governing Board Members FROM: General Manager/CEO SUBJECT: Approve January 2025 Disbursements: Accounts payable disbursements for the period include check numbers 264607 through 264804, bank drafts, and ACH payments in the amount of $4,367,138.07 and $785,377.85 for payroll RECOMMENDATION That the Board of Directors approve the District's expense disbursements for the period January 1, 2025 through January 31, 2025 in the amount of $5,152,515.92. BACKGROUND / ANALYSIS The payment register for supplies, materials, services, and payroll for January 2025 is attached for review and approval. This process provides the Board of Directors and the public with an opportunity to review the expenses of the District. Accounts Payable are processed weekly, while payroll is processed bi-weekly. District Policy 7.1 provides the requirements for purchases and contracts and all supporting documents are maintained by the Purchasing Agent. Accounts payable disbursements for the period include check numbers 264607 through 264804, bank drafts, and ACH Payments in the amount of $4,367,138.07 and $785,377.85, for payroll. Significant expenses greater than or equal to $50,000 are further explained below: PA YMENT #VENDOR DESCRIPTION A MOUNT 10015152 BORDEN EXCAVATING, INC.LITTLE 3RD & LITTLE TIPPECANOE WAT ER MAIN RELOCAT ION (CIP PROJECT)831,143.60$ 264623 GOLDEN BELL PRODUCTS , INC MANHOLE INS ECTICIDE TREATMENT 54,375.00$ 264632 S AN BERNARDINO VALLEY MUNICIPAL WATER DIS T RICT TIER 1 WATER 199,896.20$ Agenda Item #2b February 26, 20252 Meeting Date: February 26, 2025 Agenda Item #2b Consent Item 1 3 4 6 DISTRICT PILLARS AND STRATEGIES II - Sustainability, Transparency, and Accountability a. Uphold Transparent and Accountable Fiscal and Resource Management REVIEW BY OTHERS This agenda item has been reviewed by the Finance Department. FISCAL IMPACT This item is funded in the current fiscal year budget. Agenda Item #2b February 26, 20253 Meeting Date: February 26, 2025 Agenda Item #2b Consent Item 1 3 4 6 Recommended by: ________________ Michael Moore General Manager/CEO Respectfully submitted: ________________ Brian Tompkins Chief Financial Officer ATTACHMENTS January 2025 Payment Register PAYMENT REGISTER JANUARY 1, 2025 - JANUARY 31, 2025 PAYMENT DATE NUMBER VENDOR NAME AMOUNT 01/09/2025 264607 ALTERNATIVE HOSE INC 536.93 01/09/2025 264608 APPLEONE EMPLOYMENT SERVICE 1,167.66 01/09/2025 264609 AT&T 2,255.21 01/09/2025 264610 BURGESS MOVING & STORAGE 552.45 01/09/2025 264611 BURRTEC WASTE/ 5455 INDUSTRIAL PKWY 764.01 01/09/2025 264612 BURRTEC WASTE/ E. 111 MILL ST 365.72 01/09/2025 264613 CALIFORNIA ASSOCIATION OF SANITATION AGENCIES 19,100.00 01/09/2025 264614 CALIFORNIA-NEVADA SECTION, AWWA 125.00 01/09/2025 264615 CHEM-TECH INTERNATIONAL INC 2,467.69 01/09/2025 264616 CITY OF HIGHLAND 1,080.00 01/09/2025 264617 COMMERCIAL GATE CO., INC.610.00 01/09/2025 264618 CULLIGAN OF ONTARIO 192.93 01/09/2025 264619 DIRECTV 289.98 01/09/2025 264620 EEC ENVIRONMENTAL 1,304.76 01/09/2025 264621 FIRST CHOICE SERVICES 1,379.11 01/09/2025 264622 GNA FIRE ELECTRIC, INC.485.00 01/09/2025 264623 GOLDEN BELL PRODUCTS, INC 54,375.00 01/09/2025 264624 INLAND LIGHTING SUPPLIES, INC 657.73 01/09/2025 264625 INTERSTATE BATTERY 259.58 01/09/2025 264626 JOVENVILLE LLC 10,237.89 01/09/2025 264627 K & L HARDWARE 47.23 01/09/2025 264628 MALLORY SAFETY AND SUPPLY LLC 1,983.73 01/09/2025 264629 MIDWEST MOTOR SUPPLY CO INC 349.97 01/09/2025 264630 PETE'S ROAD SERVICE INC 261.62 01/09/2025 264631 RAPID FIRE SAFETY & SECURITY LLC 829.68 01/09/2025 264632 SAN BERNARDINO VALLEY MUNICIPAL WATER DISTRICT 199,896.20 01/09/2025 264633 SERGIO HERNANDEZ 950.00 01/09/2025 264634 SO CAL GAS 651.78 01/09/2025 264635 SWRCB 92,255.04 01/09/2025 264636 UNIFIRST CORPORATION 7,009.91 01/09/2025 264639 US LANDSCAPE INC 4,200.00 01/09/2025 264640 YMCA OF THE EAST VALLEY 250.00 01/15/2025 264641 ACS SUPPORT 26.00 01/16/2025 264642 ACS SUPPORT 26.00 01/16/2025 264643 ALTERNATIVE HOSE INC 141.23 01/16/2025 264644 AMERICAN FIDELITY ASSURANCE COMPANY 4,587.81 01/16/2025 264645 AMERITAS LIFE INSURANCE CORP (DENTAL)11,559.28 01/16/2025 264646 APPLEONE EMPLOYMENT SERVICE 3,708.94 01/16/2025 264647 AT&T 47.49 01/16/2025 264648 AUTOZONE PARTS 192.29 01/16/2025 264649 AVIDEX INDUSTRIES, LLC 18,993.18 01/16/2025 264650 BORDER RECAPPING LLC 13,563.03 01/16/2025 264651 CALIFORNIA WATER EFFICIENCY PARTNERSHIP 4,168.53 01/16/2025 264652 CHASE TRUCK MOBILE SERVICE 1,250.46 01/16/2025 264653 CHEM-TECH INTERNATIONAL INC 9,664.47 01/16/2025 264654 CITIZENSTRUST 2,004.12 01/16/2025 264655 COLONIAL LIFE, PREMIUM 491.64 PAYMENT REGISTER JANUARY 1, 2025 - JANUARY 31, 2025 Page 1 of 7 PAYMENT DATE NUMBER VENDOR NAME AMOUNT 01/16/2025 264656 CULLIGAN OF ONTARIO 170.43 01/16/2025 264657 DIRECTV 64.49 01/16/2025 264658 EEC ENVIRONMENTAL 1,702.56 01/16/2025 264659 EMERSON LLLP 2,398.00 01/16/2025 264660 ESRI 29,300.00 01/16/2025 264661 EYE MED VISION CARE 1,573.56 01/16/2025 264662 FEDEX 273.86 01/16/2025 264663 INTERSTATE BATTERY 214.96 01/16/2025 264664 JAMES LITHO 2,391.80 01/16/2025 264665 K & L HARDWARE 181.49 01/16/2025 264666 KONICA MINOLTA BUSINESS SOLUTIONS 438.65 01/16/2025 264667 MALLORY SAFETY AND SUPPLY LLC 549.42 01/16/2025 264668 METROPOLITAN LIFE INS CO 70.14 01/16/2025 264669 NAVIGATING PREPAREDNESS ASSOCIATES LLC 4,162.50 01/16/2025 264670 O'REILLYS AUTO PARTS 1,306.86 01/16/2025 264671 R. F. MACDONALD CO., LLC 6,465.00 01/16/2025 264672 SAN BERNARDINO VALLEY MUNICIPAL WATER DISTRICT 25,160.00 01/16/2025 264673 SERGIO D. FIERRO 1,860.00 01/16/2025 264674 SO CAL GAS 7,106.93 01/16/2025 264675 SOLITUDE LAKE MANAGEMENT LLC 1,299.00 01/16/2025 264676 SOUTH COAST A Q M D 1,166.14 01/16/2025 264677 SOUTHERN CALIFORNIA EDISON COMPANY 408,949.58 01/16/2025 264678 SPECTRUM 13,242.37 01/16/2025 264679 STEP SAVER, INC 4,239.00 01/16/2025 264680 SWRCB 49,758.30 01/16/2025 264681 TRI-CITIES ANSWERING SERVICE & CALL CENTER, INC.969.45 01/16/2025 264682 TRUSSELL TECHNOLOGIES.INC 16,433.75 01/16/2025 264683 ULINE, INC.1,488.97 01/16/2025 264684 WESTLAND GROUP, INC.21,155.50 01/23/2025 264685 A. LEONARD KEPHART 275.00 01/23/2025 264686 ALFRED SANCHEZ 275.00 01/23/2025 264687 ALICIA DE LOS ANGELES VALLEDARES 275.00 01/23/2025 264688 BENJAMIN TORRES 200.00 01/23/2025 264689 BENNY FLORES 150.00 01/23/2025 264690 BRENDA THOMAS 100.00 01/23/2025 264691 CAMERON GROTE 300.00 01/23/2025 264692 CHERYL NAPIER 275.00 01/23/2025 264693 CHESTER SMITH JR 14.83 01/23/2025 264694 DAISY RAZO 275.00 01/23/2025 264695 DAVID HERNANDEZ 275.00 01/23/2025 264696 DENISE LUNDY 255.12 01/23/2025 264697 DENNIS DOUGLAS 198.00 01/23/2025 264698 DONALD LACANLALE 150.00 01/23/2025 264699 ELVIS SCHULTE 200.00 01/23/2025 264700 FRANK DOWLING 204.73 01/23/2025 264701 HERNAN MARTINEZ 31.45 01/23/2025 264702 HUGO MAGANA 71.23 01/23/2025 264703 ISAIAH SALAS 39.99 01/23/2025 264704 ISSA DEMES 275.00 01/23/2025 264705 JEANICE JETERS 275.00 01/23/2025 264706 JESSICA OCEGUEDA 99.98 01/23/2025 264707 JOE RAMOS 150.00 01/23/2025 264708 KATHLEEN MATLOCK 61.72 01/23/2025 264709 LARRY GATELEIN 275.00 01/23/2025 264710 LIVIER ROMERO 94.00 PAYMENT REGISTER JANUARY 1, 2025 - JANUARY 31, 2025 Page 2 of 7 PAYMENT DATE NUMBER VENDOR NAME AMOUNT 01/23/2025 264711 MAGDELENA QUEZADA 9.99 01/23/2025 264712 MARTHA DIAZ 275.00 01/23/2025 264713 MARTIN CASTILLO 100.00 01/23/2025 264714 MARY GUILLEN 275.00 01/23/2025 264715 MICHAEL BURGE 275.00 01/23/2025 264716 MOGINRAJ MOHANDAS 100.00 01/23/2025 264717 NAQUIA COSTON 275.00 01/23/2025 264718 PHILIP PULEO III 300.00 01/23/2025 264719 PHU TANG 275.00 01/23/2025 264720 ROBERT LOPEZ 275.00 01/23/2025 264721 RONALD HORNUNG 100.00 01/23/2025 264722 SANTIAGO REYES 100.00 01/23/2025 264723 SANTIAGO REYES 100.00 01/23/2025 264724 SHARLENE SMITH 100.00 01/23/2025 264725 TAYLOR CAUSEY 275.00 01/23/2025 264726 TERESA WEAVER 275.00 01/23/2025 264727 THUY SON 275.00 01/23/2025 264728 VALERIE RODRIGUEZ 275.00 01/23/2025 264729 WILLIAM WILLSEY 200.00 01/23/2025 264730 YASMEEN ALSAYEGH 150.00 01/23/2025 264731 APPLEONE EMPLOYMENT SERVICE 497.04 01/23/2025 264732 AT&T 47.49 01/23/2025 264733 BURRTEC WASTE/ E. 111 MILL ST 2,069.30 01/23/2025 264734 EVERSOFT, INC 331.64 01/23/2025 264735 EXPERIAN 704.64 01/23/2025 264736 GLOBAL EQUIPMENT COMPANY, INC 2,165.99 01/23/2025 264737 HEALTH AND HUMAN RESOURCE CENTER INC.121.50 01/23/2025 264738 INTERSTATE BATTERY 429.92 01/23/2025 264739 JOVENVILLE LLC 3,973.58 01/23/2025 264740 K & L HARDWARE 73.22 01/23/2025 264741 KONICA MINOLTA BUSINESS SOLUTIONS 110.36 01/23/2025 264742 LOGICALIS, INC 43,639.82 01/23/2025 264743 NAVIGATING PREPAREDNESS ASSOCIATES LLC 18,387.53 01/23/2025 264744 SAN BERNARDINO VALLEY WATER CONSERVATION DISTRICT 137,969.24 01/23/2025 264745 SCEM URGENT CARE CENTERS 563.33 01/23/2025 264746 SO CAL GAS 970.94 01/23/2025 264747 SOLITUDE LAKE MANAGEMENT LLC 2,598.00 01/23/2025 264748 SOUTHERN CALIFORNIA EDISON COMPANY 217,856.34 01/23/2025 264749 SUPERIO EPOXY 21,120.00 01/23/2025 264750 ULINE, INC.502.93 01/23/2025 264751 UNIFIRST CORPORATION 1,445.17 01/23/2025 264753 UNITED SITE SERVICES OF CALIFORNIA, INC 454.18 01/23/2025 264754 WESTERN WATER WORKS SUPPLY CO., INC 31,479.96 01/23/2025 264755 SBCUSD SPECIALIZED PROGRAMS 150.00 01/23/2025 264756 ROTARY NORTH 600.00 01/23/2025 264757 SAN BERNARDINO CITY UNIFIED SCHOOL DISTRICT 387.50 01/23/2025 264758 ALEXIS TAYLOR 150.00 01/23/2025 264759 TERRY E BAILEY 345.31 01/23/2025 264760 D.R. HORTON 131.89 01/23/2025 264761 D.R. HORTON 64.22 01/23/2025 264762 BEAZER HOMES HOLDINGS LLC 87.42 01/23/2025 264763 BRECKENRIDGE PROPERTY FUND 2016 LLC 150.00 01/23/2025 264764 DRT GRADING INC 2,028.01 01/23/2025 264765 MISSION COMMUNITIES, LLC 2,373.67 01/23/2025 264766 JERRY ZEPEDA 114.68 PAYMENT REGISTER JANUARY 1, 2025 - JANUARY 31, 2025 Page 3 of 7 PAYMENT DATE NUMBER VENDOR NAME AMOUNT 01/23/2025 264767 SUGAR PORCH RESIDENTIAL LLC 1.83 01/23/2025 264768 MICHAEL LIN 115.35 01/23/2025 264769 OPENDOOR LABS INC 31.51 01/23/2025 264770 ELIA RAMIREZ 12.08 01/23/2025 264771 PALM CAPITAL LLC 134.10 01/23/2025 264772 PALM CAPITAL LLC 62.00 01/23/2025 264773 SILVIA CASILLAS 110.24 01/23/2025 264774 CARLOS FERNANDO PADILLA 30.63 01/23/2025 264775 7879 WISTERIA CT LLC 0.03 01/29/2025 264776 ALTERNATIVE HOSE INC 101.92 01/29/2025 264777 AMERICAN SAFETY SERVICES, INC 323.60 01/29/2025 264778 APPLEONE EMPLOYMENT SERVICE 808.38 01/29/2025 264779 AT&T 2,247.61 01/29/2025 264780 AUTOZONE PARTS 206.75 01/29/2025 264781 BURRTEC WASTE/ 5455 INDUSTRIAL PKWY 15,383.75 01/29/2025 264782 CALIFORNIA WATER EFFICIENCY PARTNERSHIP 53.88 01/29/2025 264783 CALIFORNIA WATER ENVIROMENT ASSOCIATION 239.00 01/29/2025 264784 CHASE TRUCK MOBILE SERVICE 650.00 01/29/2025 264785 CHEM-TECH INTERNATIONAL INC 2,896.35 01/29/2025 264786 COLONIAL LIFE, PREMIUM 491.64 01/29/2025 264787 D&H WATER SYSTEMS 19,017.88 01/29/2025 264788 DAILY JOURNAL CORPORATION 425.28 01/29/2025 264789 DIRECTV 385.52 01/29/2025 264790 JUAN D. BASOLS 41.60 01/29/2025 264791 K & L HARDWARE 47.92 01/29/2025 264792 NOVOGRADAC & COMPANY LLP 3,630.00 01/29/2025 264793 O'REILLYS AUTO PARTS 925.81 01/29/2025 264794 RYAN HERCO FLOW SOLUTIONS 5,710.26 01/29/2025 264795 SAN BERNARDINO COUNTY FIRE PROTECTION DISTRICT 4,650.00 01/29/2025 264796 SOUTH COAST A Q M D 707.00 01/29/2025 264797 TECHNICAL SYSTEM, INC 16,520.00 01/29/2025 264798 TRUSSELL TECHNOLOGIES.INC 20,012.50 01/29/2025 264799 VELOCITY TRUCK CENTERS 186.40 01/29/2025 264800 XYLEM DEWATERING SOLUTIONS, INC 57,638.16 01/29/2025 264801 BRENDA REZA 750.00 01/29/2025 264802 SAN BERNARDINO CITY UNIFIED SCHOOL DISTRICT 150.00 01/29/2025 264803 JEANI PRIDE 288.45 01/31/2025 264804 ACS SUPPORT 26.00 BANK DRAFTS 01/02/2025 DFT0005461 STATE DISBURSEMENT UNIT 908.77 01/02/2025 DFT0005475 GLOBAL PAYMENTS 22,159.44 01/03/2025 DFT0005476 MERCHANT BANKCD 904.89 01/06/2025 DFT0005451 MEDICARE 138.36 01/07/2025 DFT0005449 CA SDI TAX 52.31 01/07/2025 DFT0005450 FEDERAL PAYROLL TAX 416.26 01/07/2025 DFT0005452 STATE PAYROLL TAX 155.78 01/07/2025 DFT0005454 SOCIAL SECURITY 279.62 01/07/2025 DFT0005455 MEDICARE 10,821.14 01/07/2025 DFT0005456 FEDERAL PAYROLL TAX 45,281.63 01/07/2025 DFT0005457 CA SDI TAX 4,473.21 01/07/2025 DFT0005458 STATE PAYROLL TAX 18,416.33 01/10/2025 DFT0005477 FORTE, ACH DIRECT INC, ACH FEES 5,009.56 01/13/2025 DFT0005459 CALPERS- FRAS 302.04 01/13/2025 DFT0005460 CALPERS/ MEDICAL 137,584.29 PAYMENT REGISTER JANUARY 1, 2025 - JANUARY 31, 2025 Page 4 of 7 PAYMENT DATE NUMBER VENDOR NAME AMOUNT 01/14/2025 DFT0005478 PAYNEARME, INC.212.93 01/15/2025 DFT0005462 CALPERS/ DEFERRED COMPENSATION 26,786.46 01/17/2025 DFT0005463 CA SDI TAX 148.06 01/17/2025 DFT0005464 FEDERAL PAYROLL TAX 2,674.14 01/17/2025 DFT0005465 MEDICARE 357.82 01/17/2025 DFT0005466 STATE PAYROLL TAX 941.58 01/17/2025 DFT0005467 CALPERS/ RETIREMENT 124,885.18 01/17/2025 DFT0005468 CALPERS/ DEFERRED COMPENSATION 27,081.77 01/17/2025 DFT0005469 CA SDI TAX 4,761.25 01/17/2025 DFT0005470 FEDERAL PAYROLL TAX 44,841.23 01/17/2025 DFT0005471 MEDICARE 11,523.30 01/17/2025 DFT0005472 SOCIAL SECURITY 1,337.18 01/17/2025 DFT0005473 STATE DISBURSEMENT UNIT 908.77 01/17/2025 DFT0005474 STATE PAYROLL TAX 17,837.19 01/23/2025 DFT0005489 CBB 1,792.70 01/31/2025 DFT0005479 CALPERS/ DEFERRED COMPENSATION 27,304.54 01/31/2025 DFT0005481 MEDICARE 11,049.20 01/31/2025 DFT0005483 SOCIAL SECURITY 243.04 01/31/2025 DFT0005484 FEDERAL PAYROLL TAX 46,584.68 01/31/2025 DFT0005485 CA SDI TAX 4,567.55 01/31/2025 DFT0005486 STATE DISBURSEMENT UNIT 908.77 01/31/2025 DFT0005487 STATE PAYROLL TAX 19,026.46 01/31/2025 DFT0005490 PAYNEARME, INC.310.44 01/31/2025 DFT0005492 CALPERS/ RETIREMENT 64,254.22 ACH PAYMENTS 01/09/2025 10015147 ALBERT A. WEBB ASSOCIATES 22,050.00 01/09/2025 10015148 ALLISON MECHANICAL, INC 1,438.49 01/09/2025 10015149 AMAZON CAPITAL SERVICES, INC 1,030.04 01/09/2025 10015150 ASBCSD 375.00 01/09/2025 10015151 BARRY'S SECURITY SERVICES, INC 35,276.81 01/09/2025 10015152 BORDEN EXCAVATING, INC.831,143.60 01/09/2025 10015153 CALIFORNIA TOOL & WELDING SUPPLY 268.86 01/09/2025 10015154 CLARK PEST CONTROL 215.00 01/09/2025 10015155 CLEARFLY COMMUNATIONS 88.72 01/09/2025 10015156 FMB TRUCK OUTFITTERS, INC 424.27 01/09/2025 10015157 FRONTIER COMMUNICATIONS 1,048.43 01/09/2025 10015158 GRAINGER 170.61 01/09/2025 10015159 JC LAW FIRM 5,285.00 01/09/2025 10015160 JOSE MILLAN 320.00 01/09/2025 10015161 KOPPEL & GRUBER PUBLIC FINANCE 1,880.34 01/09/2025 10015162 LESLIE'S POOL SUPPLIES, INC.33.64 01/09/2025 10015163 MANAGED MOBILE, INC.13,060.96 01/09/2025 10015164 MARLINK INC 468.75 01/09/2025 10015165 MATT ARMITAGE 396.35 01/09/2025 10015166 MCMASTER-CARR 1,457.74 01/09/2025 10015167 MOBILE OCCUPATIONAL SERVICES, INC 30.00 01/09/2025 10015168 NOVA LANDSCAPE GROUP, INC.1,865.00 01/09/2025 10015169 PLUMBERS DEPOT INC.796.88 01/09/2025 10015170 QUINN COMPANY 500.08 01/09/2025 10015171 SCN, SECURITY COMMUNICATION NETWORK, INC 445.00 01/09/2025 10015172 STERICYCLE, INC DBA SHRED-IT 238.95 01/09/2025 10015173 UNDERGROUND SERVICE ALERT 468.80 01/09/2025 10015174 VULCAN MATERIALS CO/ CALMAT CO 5,220.71 01/09/2025 10015175 YORK EMPLOYMENT SERVICES, INC.5,181.98 PAYMENT REGISTER JANUARY 1, 2025 - JANUARY 31, 2025 Page 5 of 7 PAYMENT DATE NUMBER VENDOR NAME AMOUNT 01/09/2025 10015176 ZENON ENVIRONMENTAL CORP.1,017.59 01/15/2025 10015177 EVWD EMPLOYEES EVENTS ASSOC 390.99 01/16/2025 10015178 ADVANCED TELEMETRY SYSTEMS INTERNATIONAL, INC.13,400.00 01/16/2025 10015179 ALBERT A. WEBB ASSOCIATES 300.00 01/16/2025 10015180 AMAZON CAPITAL SERVICES, INC 1,568.71 01/16/2025 10015181 ASHOK K. DHINGRA, AKD CONSULTING 6,958.49 01/16/2025 10015182 BARRY'S SECURITY SERVICES, INC 10,445.40 01/16/2025 10015183 CALIFORNIA TOOL & WELDING SUPPLY 164.30 01/16/2025 10015184 CORELOGIC SOLUTIONS, LLC 403.81 01/16/2025 10015185 DAVID WEAVER 125.00 01/16/2025 10015186 DLT SOLUTIONS LLC 5,152.96 01/16/2025 10015187 EVWD EMPLOYEES EVENTS ASSOC 286.02 01/16/2025 10015188 FLEETCREW, INC.375.00 01/16/2025 10015189 FRONTIER COMMUNICATIONS 46.79 01/16/2025 10015190 HARRINGTON INDUSTRIAL PLASTIC 444.47 01/16/2025 10015191 INFOSEND, INC 42,912.25 01/16/2025 10015192 JC LAW FIRM 7,805.00 01/16/2025 10015193 JEREMY SUBRIAR 105.00 01/16/2025 10015194 JOSE MILLAN 160.00 01/16/2025 10015195 LINCOLN NATIONAL LIFE INS CO.2,709.43 01/16/2025 10015196 MANAGED MOBILE, INC.10,304.92 01/16/2025 10015198 MARVIN'S MOBILE TRUCK WASH 750.00 01/16/2025 10015199 MCCROMETER INC 5,340.76 01/16/2025 10015200 MIKE J. ROQUET CONSTRUCTION INC 13,481.52 01/16/2025 10015201 MINUTEMAN PRESS OF RANCHO CUCAMONGA 1,607.30 01/16/2025 10015202 NOVA LANDSCAPE GROUP, INC.14,805.00 01/16/2025 10015203 QUADIENT, INC 759.10 01/16/2025 10015204 RESOLUTE 10,000.00 01/16/2025 10015205 SAFETY COMPLIANCE COMPANY 600.00 01/16/2025 10015206 SEASONS AND REASONS, LLC 8,500.00 01/16/2025 10015207 SG CREATIVE, LLC 5,520.00 01/16/2025 10015208 STAPLES BUSINESS ADVANTAGE 60.12 01/16/2025 10015209 STERICYCLE, INC DBA SHRED-IT 179.99 01/16/2025 10015210 TYLER TECHNOLOGIES, INC 900.70 01/16/2025 10015211 USA BLUE BOOK, HD SUPPLY FACILITIES MAINT, LTD 96.24 01/16/2025 10015212 VALERO FLEET, WEX BANK 10,607.01 01/16/2025 10015213 VERIZON WIRELESS 8,934.53 01/16/2025 10015215 YAHWEH POOLS 250.00 01/16/2025 10015216 YORK EMPLOYMENT SERVICES, INC.7,539.06 01/23/2025 10015217 124 PRODUCTIONS 1,362.50 01/23/2025 10015218 ACI PAYMENTS INC.50.20 01/23/2025 10015219 ADCOMP SYSTEMS, INC 419.29 01/23/2025 10015220 ADVANCED INDUSTRIAL SOLUTIONS, INC 1,179.14 01/23/2025 10015221 ALBERT A. WEBB ASSOCIATES 13,761.00 01/23/2025 10015222 AMAZON CAPITAL SERVICES, INC 3,678.34 01/23/2025 10015223 ANAERGIA TECHNOLOGIES LLC 32,609.50 01/23/2025 10015224 ANTHESIS 11,476.06 01/23/2025 10015225 ASBCSD 62.00 01/23/2025 10015226 BARRY'S SECURITY SERVICES, INC 7,751.91 01/23/2025 10015227 CALIFORNIA FUELS & LUBRICANTS 3,717.27 01/23/2025 10015228 CARBON ACTIVATED CORP 125,724.00 01/23/2025 10015229 CLARK PEST CONTROL 293.00 01/23/2025 10015230 COAST FITNESS REPAIR SHOP 250.00 01/23/2025 10015231 COUNTY OF SAN BERNARDINO, RECORDER- CLERK 180.00 01/23/2025 10015232 ELEPHANT FIRE EXTINSUISHER 3,095.54 PAYMENT REGISTER JANUARY 1, 2025 - JANUARY 31, 2025 Page 6 of 7 PAYMENT DATE NUMBER VENDOR NAME AMOUNT 01/23/2025 10015233 EUROFINS EATON ANALYTICAL, INC 126,745.00 01/23/2025 10015234 EZEQUIEL ELECTRIC, INC.30,000.00 01/23/2025 10015235 FERGUSON ENTERPRISES, INC.86.54 01/23/2025 10015236 FRONTIER COMMUNICATIONS 1,090.36 01/23/2025 10015237 GENESIS INDUSTRIAL SUPPLY, INC 1,320.01 01/23/2025 10015238 HYDROPRO SOLUTIONS 10,522.12 01/23/2025 10015239 JOSE MILLAN 5,200.00 01/23/2025 10015240 KRIEGER & STEWART, INCORPORATED 651.20 01/23/2025 10015241 LEGEND PUMP AND WELL SERVICES 69,054.80 01/23/2025 10015242 MCMASTER-CARR 409.73 01/23/2025 10015243 MIKE J. ROQUET CONSTRUCTION INC 5,550.00 01/23/2025 10015244 MINUTEMAN PRESS OF RANCHO CUCAMONGA 589.58 01/23/2025 10015245 MISSIONSQUARE RETIREMENT 250.00 01/23/2025 10015246 NOVA LANDSCAPE GROUP, INC.1,205.00 01/23/2025 10015247 USA BLUE BOOK, HD SUPPLY FACILITIES MAINT, LTD 2,949.57 01/23/2025 10015248 VULCAN MATERIALS CO/ CALMAT CO 2,106.08 01/23/2025 10015249 WATER SYSTEMS CONSULTING, INC 556.00 01/29/2025 10015250 AMAZON CAPITAL SERVICES, INC 5,375.84 01/29/2025 10015251 ANAERGIA TECHNOLOGIES LLC 205,854.08 01/29/2025 10015252 BARRY'S SECURITY SERVICES, INC 7,850.14 01/29/2025 10015253 CALIFORNIA FUELS & LUBRICANTS 4,417.98 01/29/2025 10015254 CLARK PEST CONTROL 167.00 01/29/2025 10015255 CLINICAL LAB OF S B 5,307.50 01/29/2025 10015256 FIELDMAN, ROLAPP & ASSOCIATES, INC 1,750.00 01/29/2025 10015257 FLEETCREW, INC.339.00 01/29/2025 10015258 FRONTIER COMMUNICATIONS 1,124.06 01/29/2025 10015259 GRAINGER 517.24 01/29/2025 10015260 HACH COMPANY 6,550.04 01/29/2025 10015261 INFOSEND, INC 13,091.63 01/29/2025 10015262 J COMM, INC.650.00 01/29/2025 10015263 JOSE MILLAN 320.00 01/29/2025 10015264 LEGEND PUMP AND WELL SERVICES 1,600.00 01/29/2025 10015265 MANAGED MOBILE, INC.4,402.36 01/29/2025 10015266 MARVIN'S MOBILE TRUCK WASH 2,380.00 01/29/2025 10015267 MIKE J. ROQUET CONSTRUCTION INC 81,292.80 01/29/2025 10015268 MINUTEMAN PRESS OF RANCHO CUCAMONGA 810.75 01/29/2025 10015269 NORTHERN TOOL & EQUIPMENT CATALOG COMPANY LLC 47.41 01/29/2025 10015270 QUINN COMPANY 915.61 01/29/2025 10015271 RINCON CONSULTANTS, INC.531.25 01/29/2025 10015272 STAPLES BUSINESS ADVANTAGE 184.60 01/29/2025 10015273 TYLER TECHNOLOGIES, INC 145.00 01/29/2025 10015274 YORK EMPLOYMENT SERVICES, INC.4,606.20 01/31/2025 10015275 EVWD EMPLOYEES EVENTS ASSOC 259.00 TOTAL 4,367,138.07$ PAYMENT REGISTER JANUARY 1, 2025 - JANUARY 31, 2025 Page 7 of 7 Agenda Item #2c February 26, 20251 Meeting Date: February 26, 2025 Agenda Item #2c Consent Item 1 3 4 7 Regular Board Meeting TO: Governing Board Members FROM: General Manager/CEO SUBJECT: Accept and File Financial Statements for December 2024 RECOMMENDATION That the Board of Directors accept and file the attached financial statements as of, and for the period ended, December 31, 2024. BACKGROUND / ANALYSIS The East Valley Water District adopted an annual budget on June 26, 2024 for fiscal year 2024- 25. In accordance with District Administrative Policy 7.7, the Chief Financial Officer provides regular budget updates to the Board of Directors (Board). Included herewith for the Board’s review is a summary of the District’s financial results, as of December 31, 2024. DISTRICT PILLARS AND STRATEGIES II - Sustainability, Transparency, and Accountability a. Uphold Transparent and Accountable Fiscal and Resource Management REVIEW BY OTHERS This agenda item has been reviewed by the Finance Department. FISCAL IMPACT There is no fiscal impact associated with this agenda item. Recommended by: ________________ Michael Moore General Manager/CEO Respectfully submitted: ________________ Brian Tompkins Chief Financial Officer Agenda Item #2c February 26, 20252 Meeting Date: February 26, 2025 Agenda Item #2c Consent Item 1 3 4 7 ATTACHMENTS December 2024 Financial Statement Monthly Review December 2024 Financial Statements FINANCIAL STATEMENTS MONTHLY REVIEW MONTH ENDING DECEMBER 31, 2024 page | 1 The following is a highlight summary of the District’s financial results as of December 31, 2024. Please note all values presented are in millions (unless otherwise noted). Statement of Net Position Total assets at December 31, 2024 are $401.45 million. CLASSIFICATION WATER WASTEWATER RECLAMATION DISTRICT TOTAL Cash and Investments $ 21.36 $ 6.80 $ 0.84 $ 29.00 Utility Plant, Net 109.50 27.88 176.05 313.43 Other Assets 32.26 11.02 15.97 59.25 Current Liabilities 5.47 2.23 5.48 13.18 Long Term Liabilities 46.51 11.18 177.94 235.63 Beginning Net Position 104.07 30.90 9.60 144.57 Change in Equity 6.30 1.06 (0.16) 7.20 TOTAL NET $ 110.37 $ 31.96 $ 9.44 $ 151.77 Cash and Investments Cash and Investments are $29.00 million for the month of December, a decrease of $10.35 million from the prior month. In December, the District paid $7.17M to the State Water Resources Control Board (SWRCB) in loan repayments on the SNRC construction project and released $4.6M of construction retention costs. The District’s Due from Other Governments includes claim #32 to the State of California for the SRF Loan Proceeds as well as Retention Receivables from SBVMWD bringing the ending balance as of December 31, 2024 to $15.2 million. $0 $5 $10 $15 $20 $25 $30 $35 $40 $45 Mi l l i o n s CASH & INVESTMENTS Restricted Unrestricted FINANCIAL STATEMENTS MONTHLY REVIEW MONTH ENDING DECEMBER 31, 2024 page | 2 Statement of Revenues & Expenses Total Revenues & Expenses through December 31, 2024 are summarized below (in millions): Column1 WATER WASTEWATER RECLAMATION DISTRICT TOTAL Revenue $ 19.53 $ 4.15 $ 8.03 $ 31.71 Expense 13.23 3.10 8.19 24.52 Water Sales by Tier Water Sales for the month ending December 31, 2024 were $1.4M; 9K under staff projections for the month and $944K over projections year-to-date. $0.0 $0.5 $1.0 $1.5 $2.0 $2.5 $3.0 Mi l l i o n s WATER SALES BY TIER Tier 1 Tier 2 Tier 3 FY 2023-24 Projection For a more detailed presentation, operating results are presented in three ways on pages 2 through 6 of the attached financial statements for the period ending December 31, 2024. First is a one-page summary with monthly and year-to-date totals for revenue and expenses, presented by Expense Category. Second is a one-page summary with monthly and year-to-date totals for Revenues and Expense by Program. Third is a Budget -to- Actual presentation of program expense detail. FINANCIAL STATEMENTS MONTHLY REVIEW MONTH ENDING DECEMBER 31, 2024 page | 3 Water Sales by Customer Class The table below shows the District’s water sales for the month of December 2024 by customer class. The following icons are to complement the graph below: positive change, no change, negative change when comparing actuals versus projections. CUSTOMER CLASS ACTUAL PROJECTION $ VARIANCE % VARIANCE Residential 758,687$ 802,000$ (43,313)$ -5% Multi-Family 271,061 312,000 (40,939) -13% Commercial 113,720 117,000 (3,280) -3% Irrigation 209,036 131,000 78,036 60% TOTAL $1,352,504 $ 1,362,000 $ (9,496)-1% The following table displays customer class by tier for the month of December 2024: CUSTOMER CLASS TIER ACTUAL PROJECTION $ VARIANCE % VARIANCE Residential Tier 1 334,699$ 396,000$ (61,301)$ -15% Residential Tier 2 163,021 157,000 6,021 4% Residential Tier 3 260,967 249,000 11,967 5% Multi-Family Tier 1 141,826 147,000 (5,174) -4% Multi-Family Tier 2 29,646 33,000 (3,354) -10% Multi-Family Tier 3 99,589 132,000 (32,411) -25% Commercial Tier 1 75,927 84,000 (8,073) -10% Commercial Tier 2 7,282 8,000 (718) -9% Commercial Tier 3 30,511 25,000 5,511 22% Irrigation Tier 2 42,992 48,000 (5,008) -10% Irrigation Tier 3 166,044 83,000 83,044 100% TOTAL $ 1,352,504 $ 1,362,000 $ (9,496)-1% Legend - Positive Change in Actuals - Neutral Change in Actuals - Negative Change in Actuals FINANCIAL STATEMENTS MONTHLY REVIEW MONTH ENDING DECEMBER 31, 2024 page | 4 The chart below is a comparative illustration of Water Revenue year -to-date compared to last year’s Water Revenue year-to-date as of December. As noted in the graph, Water Revenue experienced an increase over last year. Water consumption increased 400.91 million gallons (536.0K HCF) compared to December of 2023 and water sales were up $2.17 million for all three tiers combined. $0 $2 $4 $6 $8 $10 $12 $14 $16 $18 $20 12/31/2023 12/31/2024 Mi l l i o n s COMPARATIVE MONTHLY WATER REVENUE (WATER SALES & METER CHARGES) Meter Tier 1 Tier 2 Tier 3 Total -$15,128,078 Total -$17,492,100 FINANCIAL STATEMENTS MONTHLY REVIEW MONTH ENDING DECEMBER 31, 2024 page | 5 Water Fund Activities by Cost Center The graph below provides a year-to-date comparison of the Water Fund operating cost centers for FY 2023-24 and FY 2024-25. FINANCIAL STATEMENTS MONTHLY REVIEW MONTH ENDING DECEMBER 31, 2024 page | 6 Wastewater Fund Activities by Cost Center The graph below provides a year-to-date comparison of the Wastewater Fund operating cost centers for FY 2023-24 and FY 2024-25. FINANCIAL STATEMENTS MONTHLY REVIEW MONTH ENDING DECEMBER 31, 2024 page | 7 Water Reclamation Fund Activities by Cost Center The graph below provides a year-to-date comparison of the Water Reclamation Fund operating cost centers for FY 2023-24 and FY 2024-25. Combining Schedule of Net Position As of December 31, 2024 Unaudited WATER WASTEWATER RECLAMATION DISTRICT TOTAL Assets: Current Assets: Cash and Cash Equivalents Investments Accounts Receivable, Net Other Receivables Due from Sewer Fund Due from Reclamation Fund Due from Other Governments Inventory $419,052.18 $810,891.97 2,041,397.55 351,017.49 $843,955.24 $2,073,899.39 15,250,339.36 6,380,567.95 8,833,842.37 2,000,000.00 5,000,000.00 15,221,952.35 1,422,555.10 763,367.76 13,208,941.81 5,362,520.63 8,833,842.37 2,000,000.00 - - 667,029.83 - - - - -5,000,000.00 - 6,721.16 42,012.11 8,252,040.28 -15,221,952.35 1,415,833.94 721,355.65 31,961,546.58 - -Prepaid Expenses Total Current Assets:16,732,937.42 56,946,524.28 Non-Current Assets: Restricted Cash and Cash Equivalents Capital Assets not being Depreciated Capital Assets, Net 7,733,641.72 7,546,804.44 109,496,157.95 124,776,604.11 156,738,150.69 3,943,424.42 2,861,780.97 27,884,535.08 34,689,740.47 42,941,780.75 - 83,961.03 176,049,146.27 176,133,107.30 192,866,044.72 11,677,066.14 10,492,546.44 313,429,839.30 335,599,451.88 392,545,976.16 Total Non-Current Assets: Total Assets: Deferred Outflow Of Resources Deferred Charge on Refunding Deferred Outflows - Pensions 553,094.33 5,825,739.90 163,116,984.92 259,347.41 2,496,746.10 45,697,874.26 - - 812,441.74 8,322,486.00 401,680,903.90Total Assets and Deferred Outflows of Resources:192,866,044.72 Current Liabilities: Accounts Payable and Accrued Expenses Due to Water Fund Due to Sewer Fund Accrued Payroll and Benefits Customer Service Deposits Construction Advances and Retentions Accrued Interest Payable 2,883,937.68 - 108,779.58 2,000,000.00 196,919.00 3,189,636.26 2,000,000.00 5,000,000.00 22,979.74 1,495,353.38 159,908.13 228,359.75 432,702.37 647,514.23 13,176,453.86 - -- - - 5,000,000.00 22,979.74 1,495,353.38 157,581.65 203,649.00 305,526.87 396,500.28 5,465,528.60 - - -2,326.48 24,710.75 91,983.03 - - Current Portion of Compensated Absences Current Portion of Long-Term Debt 35,192.47 251,013.95 5,483,125.42Total Current Liabilities:2,227,799.84 Non-Current Liabilities: Compensated Absences, less current portion Net Pension Liability 486,801.47 10,547,602.71 35,476,914.24 1,173.64 171,815.78 4,470,610.00 6,540,154.00 - 141,708.18 800,325.43 15,018,212.71 219,819,483.32 1,173.64 - 177,802,415.08 - Long Term Debt, Less Current Portion Other Liabilities Total Non-Current Liabilities: Total Liabilities: 46,512,492.06 51,978,020.66 11,182,579.78 13,410,379.62 177,944,123.26 183,427,248.68 235,639,195.10 248,815,648.96 Deferred Inflows Of Resources Deferred Inflows - Pensions 765,208.10 327,945.90 -1,093,154.00 Total Liabilities and Deferred Inflows of Resources:52,743,228.76 13,738,325.52 183,427,248.68 249,908,802.96 Equity: Equity 104,070,932.35 104,070,932.35 30,902,684.01 30,902,684.01 9,596,288.16 9,596,288.16 144,569,904.52 144,569,904.52Total Beginning Equity: Total Revenue Total Expense 19,528,486.01 13,225,662.20 6,302,823.81 4,154,025.90 3,097,161.17 1,056,864.73 8,029,710.84 8,187,202.96 (157,492.12) 31,712,222.75 24,510,026.33 7,202,196.42Revenues Over/Under Expenses Total Equity and Current Surplus (Deficit): Total Liabilities, Equity and Current Surplus (Deficit): 110,373,756.16 163,116,984.92 31,959,548.74 45,697,874.26 9,438,796.04 151,772,100.94 401,680,903.90$$$192,866,044.72 $ Page 1 of 6 Revenue and Expense Budget-to-Actual by Category Month Ended December 31, 2024 Unaudited WATER YTD WASTEWATER RECLAMATION YTD DISTRICT WIDE ADOPTED ADOPTED BUDGET ADOPTED BUDGET ADOPTED REMAINING BUDGETMTDBUDGETMTDYTDMTDTOTAL BUDGET Revenue Water Sales $1,352,503.12 868,371.91 32,681.82 $11,690,976.32 5,189,278.38 286,529.53 $17,920,000.00 10,525,000.00 416,000.00 $- - $- - $- - $303,117.26 $616,326.73 $1,072,000.00 $18,992,000.00 10,525,000.00 586,000.00 6,515,000.00 12,233,000.00 2,178,000.00 900,000.00 - $6,684,696.95 Meter Charges Penalties - - - - - - -5,335,721.62 265,759.74 3,158,638.05 5,827,295.64 (1,170,846.59) 115,511.84 - 5,373.23 546,894.49 33,710.73 3,356,361.95 110,000.00 6,515,000.00 60,000.00 Wastewater System Charges Wastewater Treatment Charges Other Operating Revenue Non Operating Revenue Gain or Loss on Disposition Benefits - - - - - - - ---1,017,395.26 108,652.16 6,405,704.36 959,336.02 48,343.73 12,233,000.00 2,058,000.00 280,000.00 144,428.24 77,467.52 1,717,803.30 643,898.48 115,000.00 520,000.00 43,599.84 7,812.66 671,707.27 92,245.95 5,000.00 100,000.00 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -Depreciation Revenue Total:2,475,452.61 19,528,486.01 29,496,000.00 603,680.22 4,154,025.90 6,730,000.00 1,429,164.68 8,029,710.84 15,703,000.00 51,929,000.00 20,216,777.25 Expense by Category Labor 533,907.14 152,247.04 494,161.46 27,970.36 40,588.76 113,103.90 266,446.39 (7,147.01) 11,378.01 8,005.00 137,969.24 - 2,799,524.30 1,831,795.07 2,793,657.57 132,899.47 273,205.80 945,761.52 1,718,412.44 9,353.08 6,534,400.00 3,017,900.00 6,042,700.00 316,000.00 417,400.00 1,847,500.00 4,101,900.00 32,900.00 1,939,300.00 65,000.00 833,000.00 2,662,000.00 558,000.00 1,128,000.00 - 143,709.60 38,015.16 175,227.25 11,324.92 1,057.57 8,643.66 42,857.99 (3,063.01) 783,087.49 462,329.84 924,306.39 48,912.84 14,863.48 84,884.53 130,116.03 4,008.50 539,874.24 2,003.49 - 1,826,600.00 809,100.00 1,942,050.00 116,000.00 26,600.00 173,750.00 301,100.00 14,100.00 794,700.00 2,000.00 - 80,698.91 24,986.55 143,572.22 844.00 29,695.38 101,176.44 262,254.16 9,655.90 443,060.99 273,726.61 1,973,187.86 6,879.38 161,531.99 615,142.47 1,688,953.68 12,588.76 1,071,000.00 481,000.00 3,379,000.00 20,000.00 125,000.00 787,000.00 1,821,000.00 9,432,000.00 4,308,000.00 11,363,750.00 452,000.00 569,000.00 2,808,250.00 6,224,000.00 47,000.00 2,734,000.00 122,000.00 833,000.00 10,875,000.00 708,000.00 1,453,000.00 - 5,406,327.22 1,740,148.48 5,672,598.18 263,308.31 119,398.73 1,162,461.48 2,686,517.85 21,049.66 Benefits Contract Services Professional Development Overtime Materials and Supplies Utilities Temporary Labor Other Standby Water Supply Debt Service Capital Improvement Capital Outlay Accounting Income Add back Transfer to Reserves Transfer from Reserves - -1,810,474.66 38,321.28 3,064.85 508.67 --383,651.10 44,530.016,584.17 37,145.22 55,000.00 137,969.24 407,298.00 289,250.74 326,989.77 (289,250.74) - - - - ---695,030.76 7,460,300.81 418,749.26 1,055,651.08 289,250.74 - 48,852.75 - 53,921.59 - 482,000.00 - 242,000.00 - 2,958,548.44 2,958,548.44 7,731,000.00 150,000.00 83,000.00 28,391.69 36,149.35 (28,391.69) - - - - - - 7,500.00 16,437.56 - - - - - - - - - - - - - - - - ----- Expense Total:1,814,779.64 13,225,662.20 29,496,000.00 428,846.66 3,097,161.17 6,730,000.00 3,618,016.17 8,187,202.96 15,703,000.00 51,929,000.00 27,418,973.67 Total Surplus (Deficit):$660,672.97 $6,302,823.81 $-$174,833.56 $1,056,864.73 $-$(2,188,851.49)$(157,492.12)$-$-$(7,202,196.42) Page 2 of 6 Revenue and Expense Budget-to-Actual by Program Month Ended December 31, 2024 Unaudited WATER YTD WASTEWATER RECLAMATION YTD DISTRICT WIDE ADOPTED ADOPTED BUDGET ADOPTED BUDGET ADOPTED REMAINING BUDGETMTDBUDGETMTDYTDMTDTOTAL BUDGET Revenue Water Sales $1,352,503.12 868,371.91 32,681.82 $11,690,976.32 5,189,278.38 286,529.53 $17,920,000.00 10,525,000.00 416,000.00 $- - $- - $- - $303,117.26 $616,326.73 $1,072,000.00 $18,992,000.00 10,525,000.00 586,000.00 6,515,000.00 12,233,000.00 2,178,000.00 900,000.00 $6,684,696.95 Meter Charges Penalties - - - - - - - 60,000.00 - 12,233,000.00 2,058,000.00 280,000.00 - 5,335,721.62 265,759.74 3,158,638.05 5,827,295.64 (1,170,846.59) 115,511.84 - 5,373.23 546,894.49 - 43,599.84 7,812.66 - 33,710.73 3,356,361.95 - 671,707.27 92,245.95 - 110,000.00 6,515,000.00 - 5,000.00 100,000.00 - Wastewater System Charges Wastewater Treatment Charges Other Operating Revenue Non Operating Revenue Benefits --- - 144,428.24 77,467.52 - - 1,717,803.30 643,898.48 - - 115,000.00 520,000.00 - 1,017,395.26 108,652.16 6,405,704.36 959,336.02 48,343.73 - - -- Revenue Total:2,475,452.61 19,528,486.01 29,496,000.00 603,680.22 4,154,025.90 6,730,000.00 1,429,164.68 8,029,710.84 15,703,000.00 51,929,000.00 20,216,777.25 1000 - Governing Board 2000 - General Administration 2100 - Human Resources 2200 - Public Affairs 9,669.53 73,070.52 52,034.32 91,374.27 23,449.44 63,912.87 69,925.48 153,132.77 22,259.72 48,670.33 572,660.19 92,037.78 23,886.42 31,292.62 292,435.26 - 87,146.30 454,038.16 2,042,682.04 408,740.89 240,289.26 508,419.05 721,063.19 817,968.31 151,352.98 286,287.68 2,540,423.01 711,262.14 255,364.14 201,073.59 1,800,128.63 - 228,200.00 911,400.00 2,530,500.00 1,059,100.00 651,000.00 978,250.00 1,323,700.00 1,548,400.00 304,000.00 924,700.00 6,185,000.00 1,629,000.00 605,000.00 396,900.00 3,711,250.00 - 4,120.72 30,260.34 22,300.36 28,449.60 - 26,716.53 29,533.25 65,928.66 - 36,004.56 189,310.08 658,514.97 155,674.16 97,800.00 390,600.00 1,084,500.00 453,900.00 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 326,000.00 1,302,000.00 3,615,000.00 1,513,000.00 651,000.00 1,397,500.00 1,891,000.00 2,212,000.00 304,000.00 1,321,000.00 6,185,000.00 1,629,000.00 605,000.00 441,000.00 3,711,250.00 962,250.00 7,739,000.00 2,182,000.00 906,000.00 202,849.14 658,651.76 913,802.99 948,584.95 410,710.74 671,516.34 861,344.81 1,045,766.89 152,647.02 899,840.83 3,644,576.99 917,737.86 349,635.86 215,965.72 1,911,121.37 531,962.70 2,526,783.04 868,313.20 463,209.57 9,223,951.89 (7,202,196.42) 2300 - Conservation -- 3000 - Finance & Accounting 3200 - Information Technology 3300 - Customer Service 3400 - Meter Services 217,564.61 308,592.00 348,264.80 419,250.00 567,300.00 663,600.00 -- 4000 - Engineering 40,319.15 - 134,871.49 396,300.00 5000 - Water Production 5100 - Water Treatment 5200 - Water Quality 6000 - Maintenance Administration 6100 - Water Maintenance 6200 - Wastewater Collection 6300 - Water Reclamation 7000 - Facilities Maintenance 7100 - Fleet Maintenance 8000 - Capital - - - - -- -- 44,100.00 - 962,250.00 - 654,600.00 271,800.00 724,000.00 - 4,103.19 - 107,277.91 - 41,191.25 21,145.70 7,500.00 174,833.56 23,960.69 - 430,287.30 - 358,775.09 132,567.08 102,774.34 1,056,864.73 ---659,467.73 5,212,216.96 7,739,000.00 108,802.33 50,016.44 36,149.35 660,672.97 954,911.71 310,223.35 734,287.77 6,302,823.81 1,527,400.00 634,200.00 4,348,000.00 - - - - - - - 7,964,000.00 - 2,958,548.44 (2,188,851.49) 2,974,986.00 (157,492.12) 13,036,000.00 Total Surplus (Deficit):$$$$$$$$$$-$ . Page 3 of 6 Program Expense Detail Budget-to-Actual Month Ended December 31, 2024 Unaudited WATER YTD WASTEWATER ADOPTED RECLAMATION YTD DISTRICT WIDE ADOPTED BUDGET ADOPTED BUDGET ADOPTED REMAINING BUDGETMTDMTDYTDBUDGETMTDTOTAL BUDGET Revenue Water Sales $1,352,503.12 868,371.91 32,681.82 $11,690,976.32 5,189,278.38 286,529.53 $17,920,000.00 10,525,000.00 416,000.00 $- - $- - $- - $303,117.26 $616,326.73 $1,072,000.00 $18,992,000.00 10,525,000.00 586,000.00 6,515,000.00 12,233,000.00 2,178,000.00 900,000.00 - $6,684,696.95 Meter Charges Penalties - - - - - - -5,335,721.62 265,759.74 3,158,638.05 5,827,295.64 (1,170,846.59) 115,511.84 - 5,373.23 546,894.49 33,710.73 3,356,361.95 110,000.00 6,515,000.00 60,000.00 Wastewater System Charges Wastewater Treatment Charges Other Operating Revenue Non Operating Revenue Gain or Loss on Disposition Benefits - - - - - - - ---1,017,395.26 108,652.16 6,405,704.36 959,336.02 48,343.73 12,233,000.00 2,058,000.00 280,000.00 144,428.24 77,467.52 1,717,803.30 643,898.48 115,000.00 520,000.00 43,599.84 7,812.66 671,707.27 92,245.95 5,000.00 100,000.00 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -Depreciation Revenue Total:2,475,452.61 19,528,486.01 29,496,000.00 603,680.22 4,154,025.90 6,730,000.00 1,429,164.68 8,029,710.84 15,703,000.00 51,929,000.00 20,216,777.25 Program: 1000 - Governing Board Labor $5,556.54 4,121.28 $41,202.85 33,778.64 - 2,642.65 9,522.16 87,146.30 $99,400.00 63,000.00 2,100.00 39,200.00 24,500.00 228,200.00 $2,381.38 1,766.26 - $17,658.33 14,476.52 - 1,118.25 2,751.46 36,004.56 $42,600.00 27,000.00 900.00 16,800.00 10,500.00 97,800.00 $- - - - - $- - - - - $- - - - - $142,000.00 90,000.00 3,000.00 56,000.00 35,000.00 326,000.00 $83,138.82 41,744.84 3,000.00 52,239.10 22,726.38 202,849.14 Benefits Materials and Supplies Contract Services - -- Professional Development Program: 1000 - Governing Board Total: (8.29) 9,669.53 (26.92) 4,120.72 --- Program: 2000 - General Administration Labor Temporary Labor Overtime 33,732.88 1,987.99 133.72 211,480.31 9,353.08 1,316.90 434,700.00 21,000.00 2,800.00 14,456.92 851.99 57.31 90,634.18 4,008.50 564.38 186,300.00 9,000.00 1,200.00 - - - - - - - - - 621,000.00 30,000.00 4,000.00 318,885.51 16,638.42 2,118.72 Benefits Materials and Supplies Contract Services 8,513.19 - 13,401.50 99.83 114,723.74 444.48 59,575.51 1,368.50 186,900.00 4,200.00 151,200.00 2,800.00 2,592.95 - 5,743.50 42.78 43,889.83 190.47 25,532.36 586.51 80,100.00 1,800.00 64,800.00 1,200.00 - - - - - - - - - - - - 267,000.00 6,000.00 216,000.00 4,000.00 108,386.43 5,365.05 130,892.13 2,044.99Utilities Professional Development Program: 2000 - General Administration Total: 15,201.41 73,070.52 55,775.64 454,038.16 107,800.00 911,400.00 6,514.89 30,260.34 23,903.85 189,310.08 46,200.00 390,600.00 - - - - - - 154,000.00 1,302,000.00 74,320.51 658,651.76 Program: 2100 - Human Resources Labor Temporary Labor 19,587.74 - 109,384.25 - 247,100.00 - 8,394.75 - 46,878.91 - 105,900.00 - - - - - - - 353,000.00 - 196,736.84 - Overtime Benefits Materials and Supplies Contract Services Utilities -649.94 99,740.13 442.15 51,483.22 393.11 2,100.00 149,800.00 3,500.00 235,200.00 1,400.00 41,300.00 1,850,100.00 2,530,500.00 -278.55 42,713.57 189.48 22,064.24 168.46 6,347.52 539,874.24 658,514.97 900.00 64,200.00 1,500.00 - - - - - - - - - - - - - - - - - - - - - - - - 3,000.00 214,000.00 5,000.00 336,000.00 2,000.00 59,000.00 2,643,000.00 3,615,000.00 2,071.51 71,546.30 4,368.37 262,452.54 1,438.43 32,427.43 342,761.57 913,802.99 5,372.15 86.88 14,596.47 55.71 5,184.07 7,151.30 52,034.32 2,302.30 37.23 6,255.63 23.87 2,221.73 3,064.85 22,300.36 100,800.00 600.00 17,700.00 792,900.00 1,084,500.00 Professional Development Other 20,225.05 1,760,364.19 2,042,682.04Program: 2100 - Human Resources Total: Program: 2200 - Public Affairs Labor 23,925.53 - 613.21 4,872.38 1,602.45 56,937.52 180.11 3,243.07 91,374.27 133,803.08 - 361,900.00 - 10,468.07 - 262.82 2,091.10 686.77 13,473.77 77.19 57,558.52 - 155,100.00 - 5,100.00 45,900.00 28,800.00 189,900.00 10,500.00 18,600.00 453,900.00 - - - - - - - - - - - - - - - - - - - - - - - - - - - 517,000.00 - 325,638.40 -Temporary Labor Overtime Benefits Materials and Supplies Contract Services Utilities 3,686.95 56,154.03 11,217.30 186,823.08 1,534.18 15,522.27 408,740.89 11,900.00 107,100.00 67,200.00 443,100.00 24,500.00 43,400.00 1,059,100.00 1,580.12 24,067.94 4,807.42 60,350.25 657.50 17,000.00 153,000.00 96,000.00 633,000.00 35,000.00 62,000.00 1,513,000.00 11,732.93 72,778.03 79,975.28 385,826.67 32,808.32 39,825.32 948,584.95 Professional Development Program: 2200 - Public Affairs Total: 1,389.88 28,449.60 6,652.41 155,674.16 Program: 2300 - Conservation Labor Temporary Labor Overtime 9,934.40 - 418.80 3,029.88 11.19 5,375.68 46.57 419.97 4,212.95 23,449.44 54,606.40 - 123,000.00 - 7,000.00 44,000.00 63,000.00 291,000.00 26,000.00 12,000.00 85,000.00 651,000.00 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 123,000.00 - 7,000.00 44,000.00 63,000.00 291,000.00 26,000.00 12,000.00 85,000.00 651,000.00 68,393.60 - 2,889.72 18,956.19 27,584.97 74,207.04 8,028.93 3,649.19 50,366.82 240,289.26 4,110.28 25,043.81 35,415.03 216,792.96 17,971.07 8,350.81 34,633.18 410,710.74 Benefits Materials and Supplies Contract Services Utilities Professional Development Other Program: 2300 - Conservation Total:------ Program: 3000 - Finance & Accounting Labor Temporary Labor 45,501.62 - 253,355.40 - 576,100.00 - 19,072.18 - 108,152.42 - 246,900.00 - - - - - - - 823,000.00 - 461,492.18 - Overtime Benefits Materials and Supplies Contract Services Utilities Professional Development Other 332.17 12,540.03 2,078.43 2,491.57 102.32 866.73 - 3,876.41 164,743.97 4,764.99 70,807.45 677.46 9,100.00 268,100.00 4,200.00 97,650.00 2,800.00 20,300.00 - 142.36 5,368.05 890.75 827.89 43.85 1,661.29 72,115.57 2,042.08 28,934.31 290.35 3,900.00 114,900.00 1,800.00 41,850.00 1,200.00 8,700.00 - - - - - - - - - - - - - - - - - - - - - - 13,000.00 383,000.00 6,000.00 139,500.00 4,000.00 29,000.00 - 7,462.30 146,140.46 (807.07) 39,758.24 3,032.19 14,438.04 - 10,193.37 - 371.45 - 4,368.59 - Program: 3000 - Finance & Accounting Total:63,912.87 508,419.05 978,250.00 26,716.53 217,564.61 419,250.00 ---1,397,500.00 671,516.34 Page 4 of 6 Program Expense Detail Budget-to-Actual Month Ended December 31, 2024 Unaudited WATER YTD WASTEWATER ADOPTED RECLAMATION YTD DISTRICT WIDE ADOPTED BUDGET ADOPTED BUDGET ADOPTED REMAINING BUDGETMTD 36,909.71 (9,135.00) - 8,780.91 5,071.54 26,443.91 1,854.41 - MTD YTD BUDGET MTD TOTAL BUDGET Program: 3200 - Information Technology ---- - - - - - - - - - - - - - - - - - - 487,000.00 17,000.00 - 280,000.00 85,000.00 1,005,000.00 12,000.00 5,000.00 Labor Temporary Labor Overtime Benefits Materials and Supplies Contract Services Utilities 152,583.28 340,900.00 11,900.00 - 196,000.00 59,500.00 703,500.00 8,400.00 15,389.89 (3,915.00) - 3,756.99 2,173.49 11,333.13 794.75 64,964.32 146,100.00 5,100.00 - - - - - - - - - - 269,452.40 17,000.00 - 74,554.87 33,936.24 459,922.55 1,603.75 4,875.00 861,344.81 - - - - 143,816.18 35,744.68 381,554.18 7,277.37 87.50 61,628.95 15,319.08 163,523.27 3,118.88 37.50 84,000.00 25,500.00 301,500.00 3,600.00 1,500.00 567,300.00 Professional Development Program: 3200 - Information Technology Total: 3,500.00 1,323,700.00 - 69,925.48 721,063.19 29,533.25 308,592.00 --1,891,000.00 Program: 3300 - Customer Service Labor Temporary Labor Overtime Benefits Materials and Supplies Contract Services Utilities Professional Development Other 40,929.12 - 415.86 11,974.33 80.38 74,332.15 25,055.89 331.28 214,608.75 - 2,901.58 137,176.35 590.74 389,996.95 67,292.44 1,429.00 3,972.50 817,968.31 480,200.00 - 4,900.00 227,500.00 4,900.00 702,800.00 112,700.00 11,200.00 4,200.00 18,312.51 - 178.21 5,142.72 34.45 31,856.63 10,262.16 141.98 - 92,746.38 - 1,243.50 58,798.99 253.18 167,141.54 27,468.78 612.43 205,800.00 - - - - - - - - - - - - - - - - - - - - - - - - - - - - 686,000.00 - 7,000.00 325,000.00 7,000.00 1,004,000.00 161,000.00 16,000.00 6,000.00 378,644.87 - 2,854.92 129,024.66 6,156.08 446,861.51 66,238.78 13,958.57 2,027.50 2,100.00 97,500.00 2,100.00 301,200.00 48,300.00 4,800.00 1,800.00 663,600.00 13.76 153,132.77 - Program: 3300 - Customer Service Total:1,548,400.00 65,928.66 348,264.80 ---2,212,000.00 1,045,766.89 Program: 3400 - Meter Services Labor Overtime Benefits Materials and Supplies Contract Services Utilities 16,418.00 82,258.01 1,573.99 59,701.66 - 6,390.41 1,428.91 - 181,000.00 6,000.00 104,000.00 4,000.00 7,000.00 2,000.00 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 181,000.00 6,000.00 104,000.00 4,000.00 7,000.00 2,000.00 - 98,741.99 4,426.01 44,298.34 4,000.00 609.59 571.09 - 152,647.02 - 5,545.53 - 168.48 127.71 -Professional Development Program: 3400 - Meter Services Total:22,259.72 151,352.98 304,000.00 --304,000.00 Program: 4000 - Engineering Labor 34,941.02 196,013.19 - 460,600.00 - 14,546.18 83,577.15 - 197,400.00 - - - - - - - - - - - - - - - - - - - - - - - - - - 658,000.00 - 378,409.66 -Temporary Labor Overtime Benefits Materials and Supplies Contract Services Utilities - - - ------- 6,632.98 - 3,496.50 3,069.12 530.71 48,670.33 45,184.70 180.36 21,301.97 17,570.74 6,036.72 286,287.68 107,800.00 4,200.00 275,100.00 68,600.00 8,400.00 924,700.00 2,836.37 - 1,498.50 21,210.65 227.45 40,319.15 19,378.18 77.30 7,470.83 21,780.87 2,587.16 134,871.49 46,200.00 1,800.00 117,900.00 29,400.00 3,600.00 396,300.00 154,000.00 6,000.00 393,000.00 98,000.00 12,000.00 1,321,000.00 89,437.12 5,742.34 364,227.20 58,648.39 3,376.12 899,840.83 Professional Development Program: 4000 - Engineering Total:-- Program: 5000 - Water Production Labor Overtime Standby Benefits 68,598.76 6,208.38 2,634.98 19,067.03 137,969.24 10,766.54 133,697.66 193,228.33 489.27 383,690.87 42,329.76 17,579.54 239,999.02 137,969.24 126,607.91 321,980.40 1,268,030.50 2,235.77 884,000.00 92,000.00 47,000.00 396,000.00 833,000.00 288,000.00 535,000.00 3,099,000.00 11,000.00 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 884,000.00 92,000.00 47,000.00 396,000.00 833,000.00 288,000.00 535,000.00 3,099,000.00 11,000.00 500,309.13 49,670.24 29,420.46 156,000.98 695,030.76 161,392.09 213,019.60 1,830,969.50 8,764.23 Water Supply Materials and Supplies Contract Services Utilities Professional Development Program: 5000 - Water Production Total:572,660.19 2,540,423.01 6,185,000.00 ------6,185,000.00 3,644,576.99 Program: 5100 - Water Treatment Labor Overtime Benefits Materials and Supplies Contract Services 23,137.80 764.52 6,534.42 20,036.81 27,763.33 13,800.90 92,037.78 133,201.81 10,272.14 304,000.00 39,000.00 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 304,000.00 39,000.00 170,798.19 28,727.86 53,786.43 (6,239.28) 531,207.66 139,457.00 917,737.86 125,213.57 206,239.28 132,792.34 103,543.00 711,262.14 179,000.00 200,000.00 664,000.00 243,000.00 1,629,000.00 179,000.00 200,000.00 664,000.00 243,000.00 1,629,000.00 Utilities - - - - - - - -Program: 5100 - Water Treatment Total:-- Program: 5200 - Water Quality Labor 16,294.41 98,753.21 959.97 64,700.13 9,699.21 79,822.29 193.33 1,236.00 279,000.00 12,000.00 102,000.00 25,000.00 178,000.00 2,000.00 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 279,000.00 12,000.00 102,000.00 25,000.00 178,000.00 2,000.00 180,246.79 11,040.03 37,299.87 15,300.79 98,177.71 1,806.67 Overtime Benefits Materials and Supplies Contract Services Utilities - 2,628.01 - 4,964.00 - -Professional Development Program: 5200 - Water Quality Total: 7,000.00 605,000.00 7,000.00 605,000.00 5,764.00 349,635.8623,886.42 255,364.14 -- Page 5 of 6 Program Expense Detail Budget-to-Actual Month Ended December 31, 2024 Unaudited WATER YTD WASTEWATER ADOPTED RECLAMATION YTD DISTRICT WIDE ADOPTED BUDGET ADOPTED BUDGET ADOPTED REMAINING BUDGETMTD 16,195.65 - 50.38 5,370.02 6,017.74 - MTD YTD BUDGET MTD TOTAL BUDGET Program: 6000 - Maintenance Administration ---- - - - - - - - - - - - - - - - - - - - - 218,000.00 - Labor Temporary Labor Overtime Standby Benefits Materials and Supplies Contract Services Utilities 90,173.86 - 453.44 196,200.00 - 2,285.87 - 10,505.66 - 50.38 2,003.49 8,124.22 - 351.91 1,462.48 1,462.55 21,800.00 - - - - - - - - - - 117,320.48 - 1,496.18 (2,745.23) 50,613.30 2,854.62 1,800.00 18,000.00 118,800.00 2,700.00 1,800.00 36,900.00 20,700.00 - 5.60 200.00 2,000.00 13,200.00 300.00 200.00 4,100.00 2,300.00 2,000.00 20,000.00 132,000.00 3,000.00 2,000.00 41,000.00 23,000.00 - 20,741.74 73,262.48 145.38 1,204.48 13,162.20 6,158.86 (4,228.85) 201,073.59 508.67 682.30 - 7.80 208.49 404.46 70.32 443.61 1,876.37 1,712.14 - 26,375.32 15,378.59 4,228.85 Professional Development Other Program: 6000 - Maintenance Administration Total:31,292.62 396,900.00 4,103.19 23,960.69 44,100.00 ---441,000.00 215,965.72 Program: 6100 - Water Maintenance Labor Overtime Benefits Materials and Supplies Contract Services 121,170.87 30,692.08 40,131.95 62,120.68 38,319.68 - 534,950.36 195,534.37 384,814.58 433,172.24 251,656.09 0.99 1,280,000.00 219,000.00 630,000.00 947,000.00 635,250.00 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 1,280,000.00 219,000.00 630,000.00 947,000.00 635,250.00 - 745,049.64 23,465.63 245,185.42 513,827.76 383,593.91 (0.99)Utilities ---- Program: 6100 - Water Maintenance Total:292,435.26 1,800,128.63 3,711,250.00 ------3,711,250.00 1,911,121.37 Program: 6200 - Wastewater Collection Labor Overtime Benefits Materials and Supplies Contract Services - - - - - - - - - - - - - - - - - - - - - - - - 29,816.94 163,947.07 6,587.86 87,216.43 17,830.07 154,625.87 - 396,000.00 9,000.00 177,000.00 37,250.00 343,000.00 - - - - - - - - - - - - - - - - - - - - - - - 396,000.00 9,000.00 177,000.00 37,250.00 343,000.00 - 232,052.93 2,412.14 89,783.57 19,419.93 188,374.13 - - 8,703.81 - 68,677.16 -Utilities Professional Development Program: 6200 - Wastewater Collection Total: 80.00 107,277.91 80.00 430,287.30 --(80.00) 531,962.70962,250.00 --962,250.00 Program: 6300 - Water Reclamation Labor Temporary Labor Overtime Standby - - - - - - - - - - - - - - - - - - 80,698.91 9,655.90 29,695.38 6,584.17 443,060.99 12,588.76 161,531.99 37,145.22 1,071,000.00 - 125,000.00 55,000.00 1,071,000.00 - 125,000.00 55,000.00 627,939.01 (12,588.76) (36,531.99) 17,854.78------ Benefits Materials and Supplies Contract Services - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 24,986.55 101,176.44 143,572.22 262,254.16 844.00 273,726.61 615,142.47 1,973,187.86 1,688,953.68 6,879.38 481,000.00 787,000.00 3,379,000.00 1,821,000.00 20,000.00 481,000.00 787,000.00 3,379,000.00 1,821,000.00 20,000.00 207,273.39 171,857.53 1,405,812.14 132,046.32 13,120.62 Utilities Professional Development Program: 6300 - Water Reclamation Total:659,467.73 5,212,216.96 7,739,000.00 7,739,000.00 2,526,783.04 Program: 7000 - Facilities Maintenance Labor Overtime 13,739.53 354.31 73,999.67 3,515.44 212,800.00 9,800.00 5,727.67 151.85 31,553.55 1,506.63 91,200.00 4,200.00 - - - - - - 304,000.00 14,000.00 198,446.78 8,977.93 Benefits Materials and Supplies Contract Services 4,399.42 3,486.46 70,083.35 16,739.26 - 56,474.61 31,867.83 630,241.27 158,189.08 623.81 113,400.00 42,000.00 872,200.00 275,100.00 2,100.00 1,882.55 1,494.18 26,116.40 5,818.60 - 24,263.08 19,754.16 236,974.31 44,701.48 21.88 48,600.00 18,000.00 373,800.00 117,900.00 900.00 - - - - - - - - - - - - - - - - - - 162,000.00 60,000.00 1,246,000.00 393,000.00 3,000.00 81,262.31 8,378.01 378,784.42 190,109.44 2,354.31 Utilities Professional Development Program: 7000 - Facilities Maintenance Total:108,802.33 954,911.71 1,527,400.00 41,191.25 358,775.09 654,600.00 2,182,000.00 868,313.20 Program: 7100 - Fleet Maintenance Labor Overtime Benefits Materials and Supplies Contract Services 7,333.56 605.33 35,459.00 3,895.13 73,500.00 2,100.00 2,857.24 259.42 889.76 3,326.79 9,436.84 4,375.65 - 14,911.00 1,669.32 5,378.01 24,421.29 56,219.25 29,880.72 87.49 31,500.00 900.00 - - - - - - - - - - - - - - - - - - - - - - - - - 105,000.00 3,000.00 54,630.00 (2,564.45) 13,916.842,085.81 7,762.54 22,019.34 10,209.86 - 12,705.15 57,060.00 131,178.24 69,721.70 204.13 22,400.00 126,000.00 210,700.00 196,700.00 2,800.00 9,600.00 54,000.00 90,300.00 84,300.00 1,200.00 271,800.00 - 32,000.00 180,000.00 301,000.00 281,000.00 4,000.00 98,518.71 113,602.51 181,397.58 3,708.38 Utilities Professional Development Program: 7100 - Fleet Maintenance Total:50,016.44 310,223.35 634,200.00 21,145.70 132,567.08 906,000.00 - 463,209.57 Program: 8000 - Capital Capital Assets not being Depreciated Debt Service -- 407,298.00 289,250.74 326,989.77 (289,250.74) - -- - - ------- 7,460,300.81 418,749.26 1,055,651.08 289,250.74 - - 28,391.69 36,149.35 (28,391.69) - 2,662,000.00 558,000.00 1,128,000.00 48,852.75 482,000.00 2,958,548.44 2,958,548.44 7,731,000.00 150,000.00 83,000.00 10,875,000.00 708,000.00 1,453,000.00 Capital Improvement Capital Outlay Accounting Income Add back Transfer to Reserves --- - - - - 7,500.00 53,921.59 242,000.00 16,437.56 - - - - - - - - - - - - - - - - - - - - -Transfer from Reserves Program: 8000 - Capital Total: ---- 36,149.35 734,287.77 4,348,000.00 7,500.00 102,774.34 724,000.00 2,958,548.44 2,974,986.00 7,964,000.00 13,036,000.00 9,223,951.89 Total Surplus (Deficit):$660,672.97 $6,302,823.81 $-$174,833.56 $1,056,864.73 $-$(2,188,851.49)$(157,492.12)$-$-$(7,202,196.42) Page 6 of 6 Agenda Item #2d February 26, 20251 Meeting Date: February 26, 2025 Agenda Item #2d Consent Item 1 3 4 8 Regular Board Meeting TO: Governing Board Members FROM: General Manager/CEO SUBJECT: Accept and File Investment Transaction Report for Month Ended January 31, 2025 RECOMMENDATION That the Board of Directors accept and file the attached Investment Transaction Report for the month ended January 31, 2025. BACKGROUND / ANALYSIS California Government Code §53607 requires the CFO/Treasurer of a public agency to submit a monthly investment transaction report to the Board of Directors (Board) when the Board has delegated to the CFO/Treasurer the authority to invest, reinvest, sell, or exchange securities held in the Agency’s investment portfolio. During January, there were no District initiated deposits to, or withdrawals from the District’s LAIF account, but interest earned during the quarter ended 12/31/24 of $189,296 was posted to the account on 1/15/25, increasing the account balance to $10,456,558 at month end. Investments held in the District’s U.S. Bank Custodial Account totaled $16,514,962 at the beginning of January. During the month, earnings added $37,296 to the U.S. Bank account, while fees reduced the balance by $1,000. In addition, the amortization of premiums and accretion of discounts on several different securities added $381 to the adjusted cost basis for the investments, resulting in an account balance at the end of January of $16,551,639. Investment transactions within the U.S. Bank account during January included three maturities totaling $1,299,940 and three investment purchases for $1,400,000. At the end of January, the account balance was split between a mutual fund balance of $1,161,661, and federal securities shown on the attached schedule with a total balance of $15,389,978. DISTRICT PILLARS AND STRATEGIES II - Sustainability, Transparency, and Accountability a. Uphold Transparent and Accountable Fiscal and Resource Management Agenda Item #2d February 26, 20252 Meeting Date: February 26, 2025 Agenda Item #2d Consent Item 1 3 4 8 REVIEW BY OTHERS This agenda item has been reviewed by the Finance Department. FISCAL IMPACT There is no fiscal impact associated with this agenda item. Recommended by: ________________ Michael Moore General Manager/CEO Respectfully submitted: ________________ Brian Tompkins Chief Financial Officer ATTACHMENTS Investment Transaction Report for Month Ended January 2025 LAIF Statement for January 2025 EAST VALLEY WATER DISTRICT Investment Activity Month Ended January 31, 2025 Activity (Book Value) Adjusted Purch Units /Maturity Prem Amortization/Adjusted Cost Matured /Cost Market Date Issuer CUSIP Yield Face Value Date 1/1/2025 Disc Accretion 1/1/2025 Purchases Called 1/31/2025 Value 10/18/21 US Treasury Note 91282CAZ4 0.375%500,000 11/30/25 498,217.22 165.77 498,382.99 498,382.99 484,350.00 03/31/21 US Treasury Note 91282CBT7 0.750%500,000 03/31/26 498,680.48 90.47 498,770.95 498,770.95 480,545.00 12/08/23 US Treasury Note 91282CJL6 4.875%500,000 11/30/25 500,613.55 (69.69)500,543.86 500,543.86 502,350.00 12/26/23 US Treasury Note 91282CJS1 4.250%500,000 12/31/25 499,829.48 499,829.48 499,829.48 499,955.00 12/27/23 US Treasury Note 91282CJP7 4.375%600,000 12/15/26 604,404.43 (199.66)604,204.77 604,204.77 601,686.00 04/22/24 US Treasury Note 91282CJC6 4.625%200,000 10/15/26 199,198.44 36.31 199,234.75 199,234.75 201,296.00 05/19/23 US Treasury Note 91282CGX3 3.875%300,000 04/30/25 299,612.37 89.78 299,702.15 299,702.15 299,664.00 04/05/24 US Treasury Note 91282CKH3 4.500%500,000 03/31/26 498,771.20 83.91 498,855.11 498,855.11 501,405.00 04/10/24 US Treasury Note 91282CJE2 5.000%400,000 10/31/25 399,884.79 399,884.79 399,884.79 402,016.00 4/10 & 4/11 US Treasury Note 91282CKJ9 4.500%800,000 04/15/27 795,633.90 153.50 795,787.40 795,787.40 804,688.00 09/23/24 US Treasury Note 91282CLL3 3.375%500,000 09/15/27 498,688.82 43.71 498,732.53 498,732.53 489,530.00 07/30/20 FHLMC MTN 3134HAGV9 4.000%500,000 08/27/27 496,761.12 105.11 496,866.23 496,866.23 494,900.00 08/05/20 FHLMC MTN 3134GWMY9 0.625%100,000 08/19/25 100,000.00 100,000.00 100,000.00 97,998.00 09/24/24 Federal Home Loan Bank 3130B2UW3 4.000%500,000 06/10/27 500,000.00 500,000.00 500,000.00 495,300.00 08/30/24 Federal Home Loan Bank 3130B2KW4 4.375%400,000 08/27/27 399,960.00 399,960.00 399,960.00 399,112.00 09/23/21 Federal Home Loan Bank 3130APAZ8 1.030%200,000 09/30/26 200,000.00 200,000.00 200,000.00 189,148.00 03/25/21 Federal Home Loan Bank 3130ALUF9 1.000%300,000 03/30/26 300,000.00 300,000.00 300,000.00 288,933.00 03/25/21 Federal Home Loan Bank 3130ALPB4 0.800%300,000 05/30/25 300,000.00 300,000.00 300,000.00 296,574.00 03/29/21 Federal Home Loan Bank 3130ALU93 0.750%200,000 06/30/25 200,000.00 200,000.00 200,000.00 197,162.00 09/17/21 Federal Home Loan Bank 3130AP6M2 1.020%400,000 09/30/26 400,000.00 400,000.00 400,000.00 379,384.00 12/27/23 Federal Home Loan Bank 3130AWLY4 5.125%400,000 06/13/25 401,164.90 (239.70)400,925.20 400,925.20 401,152.00 10/25/24 Federal Home Loan Bank 3130B3G72 4.250%300,000 10/22/27 300,000.00 300,000.00 300,000.00 298,431.00 10/30/24 Federal Home Loan Bank 3130B3JC8 4.310%200,000 10/20/27 200,000.00 200,000.00 200,000.00 199,306.00 10/15/21 Federal Home Loan Bank 3130AKC95 0.550%200,000 10/29/25 199,550.41 45.07 199,595.48 199,595.48 194,606.00 10/15/21 Federal Home Loan Bank 3130APJ55 1.250%300,000 10/26/26 299,998.63 299,998.63 299,998.63 285,084.00 02/14/24 Federal Home Loan Bank 3130AYZV1 5.060%200,000 02/13/26 200,000.00 200,000.00 200,000.00 200,098.00 11/10/21 Federal Home Loan Bank 3130APUY9 1.000%200,000 02/28/25 200,000.00 200,000.00 200,000.00 199,526.00 04/05/24 Federal Home Loan Bank 3130B0SH3 5.080%500,000 04/09/26 500,000.00 500,000.00 500,000.00 500,455.00 04/09/24 Federal Home Loan Bank 3130B0SU4 5.150%-01/09/26 500,000.00 500,000.00 500,000.00 -- 04/09/24 Federal Home Loan Bank 3130B0SP5 5.250%-01/08/27 500,000.00 500,000.00 500,000.00 -- 04/10/24 Federal Home Loan Bank 3130B0UQ0 5.000%500,000 04/15/27 500,000.00 500,000.00 500,000.00 499,630.00 04/16/24 Federal Home Loan Bank 3130B0YF0 5.250%300,000 04/22/26 300,000.00 300,000.00 300,000.00 300,456.00 04/22/24 Federal Home Loan Bank 3130B13F2 4.910%450,000 11/27/26 450,335.33 (24.98)450,310.35 450,310.35 455,481.00 11/17/21 Federal Farm Credit Bank 3133ENEM8 1.430%200,000 11/23/26 200,000.00 200,000.00 200,000.00 189,762.00 12/27/23 Federal Farm Credit Bank 3133EPT21 4.625%-01/27/25 399,951.68 48.32 400,000.00 400,000.00 -- 12/20/24 Federal Home Loan Bank 3130B45M9 4.550%300,000 09/12/28 299,013.48 12.50 299,025.98 299,025.98 299,388.00 01/27/25 Federal Home Loan Bank 3130B4R52 4.500%500,000 10/27/28 --500,000.00 500,000.00 499,935.00 01/28/25 Federal Home Loan Bank 3130B4SN2 4.500%500,000 07/28/28 --500,000.00 500,000.00 499,700.00 03/26/24 FNMA 3135GAQM6 5.150%500,000 03/26/27 500,000.00 500,000.00 500,000.00 500,135.00 01/16/25 FNMA 3136GA5M7 4.550%300,000 01/13/28 --299,940.00 299,940.00 300,201.00 04/11/24 FHLMC MTN 3134H1YX5 5.050%450,000 03/26/26 449,426.77 40.47 449,467.24 449,467.24 450,036.00 04/15/24 FHLMC MTN 3134H1E41 5.300%500,000 10/08/27 500,000.00 500,000.00 500,000.00 500,535.00 12/20/24 FHLMC MTN 3134HAS61 4.500%400,000 12/17/27 399,960.00 399,960.00 399,960.00 399,680.00 15,400,000.00 15,489,657.00 380.89 15,490,037.89 1,299,940.00 1,400,000.00 15,389,977.89 15,279,593.00 Agenda Item #3a February 26, 20251 Meeting Date: February 26, 2025 Agenda Item #3a Discussion Item 1 3 4 9 Regular Board Meeting TO: Governing Board Members FROM: General Manager/CEO SUBJECT: Consider Approval of Unfunded Accrued Liability Pension Management Policy 7.8 RECOMMENDATION That the Board of Directors approve the attached Unfunded Accrued Liability Pension Management Policy 7.8. BACKGROUND / ANALYSIS The District contracts with the California Public Employees Retirement System (CalPERS) to provide retirement benefits for all full-time employees. As part of the Contract with CalPERS, the District is obligated to pay any unfunded accrued liability (UAL) under each of the Pension Plans. The UAL is the shortfall between the amount that will be necessary to pay benefits already earned by current and former employees covered by CalPERS, and investments held in trust to pay those benefits. CalPERS’ rate of return on the investments held in trust have consistently underperformed expectations over the past 25 years. Missing the target rate of return of 6.5% causes the District’s UAL to vary each year. The District currently budgets a flat amount to reduce the UAL obligation. However, the lower rate of return has reduced the District’s ability to bring down the UAL as desired. A new policy is desired to provide staff flexibility to respond to varying CalPERS’ annual rate of return. To better manage the District’s pension plans, staff is recommending the development of a pension management policy (the Pension Management Policy) to, among other things, set forth the following goals and objectives: 1. Establish, attain, and maintain targeted pension plan funding levels; 2. Provide sufficient assets to permit the payment of all Pension Plan benefits; 3. Manage future contribution volatility to the extent reasonably possible; 4. Set forth all possible cost mitigation measures available to the District; 5. Strive to make Annual Discretionary Payments to accelerate UAL pay-down, reduce interest costs, and stabilize future payments; 6. Maintain the District’s sound financial position and creditworthiness; Agenda Item #3a February 26, 20252 Meeting Date: February 26, 2025 Agenda Item #3a Discussion Item 1 3 4 9 7. Provide guidance in making annual budget decisions; 8. Create sustainable and fiscally sound future budgets; 9. Demonstrate prudent financial management practices; and 10.Ensure that pension funding decisions protect both current and future stakeholders. In a continued effort to help ensure that any future pension liabilities do not grow to unmanageable levels, staff have worked with California Municipal Advisors (CalMuni) to develop a proposed Pension Management Policy for Board consideration. If approved, the Pension Management Policy would require that any new increase or decrease in liability resulting from the annual CalPERS actuarial valuation be explicitly identified each year during the budget cycle. The Policy allows the District to consider making discretionary contributions with District resources (or other legally available resources), with the objectives of increasing each of the Pension Plans funded status, by reducing the unfunded actuarily accrued liability, and reducing ongoing pension costs. The Pension Management Policy will also provide guidance in making annual budget decisions, demonstrate prudent financial management practices, help create fiscally sustainable budgets for pensions in future years, and help reassure bond rating agencies and investors that the District is being proactive in the management of its fiscal affairs. DISTRICT PILLARS AND STRATEGIES II - Sustainability, Transparency, and Accountability a. Uphold Transparent and Accountable Fiscal and Resource Management REVIEW BY OTHERS This agenda item has been reviewed by the Finance and Human Resources Departments, the Finance & Human Resources Committee, and Legal Counsel. FISCAL IMPACT There is no impact to the current budget. The aspirational targets of the Policy may affect future budget recommendations to be presented to the Board of Directors. Agenda Item #3a February 26, 20253 Meeting Date: February 26, 2025 Agenda Item #3a Discussion Item 1 3 4 9 Recommended by: ________________ Michael Moore General Manager/CEO Respectfully submitted: ________________ Brian Tompkins Chief Financial Officer ATTACHMENTS Presentation-UAL Unfunded Accrued Liability Management Policy 7.8 February 26, 2025 PENSION LIABILITY MANAGEMENT Brian Tompkins, Chief Financial Officer 2 •District contracted with CalPERS in August 1972 for 2.0% @55 •Plan reached 100% funded in June 1996, and was super funded by June 1998 •January 2002, CalPERS offered additional benefit formulas •Staff negotiated for 2.7% @55 •January 2013, PEPRA mandated second tier formula for new employees •2.0% @62 •Prior to January 2013 – Classic •Post January 2013 – PEPRA THE DISTRICT AND CalPERS 3 DECLINE OF CLASSIC FORMULA FUNDED STATUS •Ratio of Pension Assets to Pension Accrued Liabilities •Funded ratio rules of thumb •Under funded – 80% •Significantly under funded – below 60% •District plan has been between 70%- 75% eleven out of the past 13 years •Unfunded Accrued Liability (UAL) is expensive debt at 6.8% interest 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% GO Bond Revenue Bond Bank Loan UAL Typical Cost of Debt Interest Rate 4 5 STRATEGIES EMPLOYED SINCE NOVEMBER 2018 •Prepay full years required contribution toward the UAL •Soft Fresh Start over 15-Year Amortization •$1,165,981 Annually •$1.4M in Additional Discretionary Payments over last six years •Required Contributions Surpassed in 2024-25 6 REQUIRED VS PAID CONTRIBUTIONS:10 YEARS $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 Fiscal Year Required Contribution Contribution No UAL Reduction 7 HISTORICAL FUNDED STATUS 80.4% 96.5% 57.2% 74.4% 70.7% 78.8% 71.2% 73.3% 72.2% 83.3% 72.2% 0% 20% 40% 60% 80% 100% 120% 140% Pe r c e n t F u n d e d Valuation Date - June 30, Change in Formula to 2.7 @55 Economic Downturn 8 •Establishes long-term targets for funding levels •Provides direction / prioritization for use of surplus funds •IRS Section 115 Trust •Funds restricted for payment of pension benefits •Not netted against liability •Try to out-perform CalPERS •PARS or CalPERS PENSION LIABILITY MANAGEMENT PLAN 9 SCHEDULED UAL PAYMENTS:19 YEARS $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 $1,800,000 $2,000,000 Fiscal Year 10 •Annual Payment - $2,159,903 •Total Payments - $21,599,033 •Interest Portion - $5,775,498 •Interest Savings - $3,869,210 OPTIONAL UAL PAYMENTS:10 YEAR LEVEL PAY $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 Fiscal Year 11 SCHEDULED PAYMENTS:15 YEAR LEVEL PAY $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 $1,800,000 Fiscal Year Contributions •Annual Payment - $1,659,947 •Total Payments - $24,899,205 •Interest Portion - $9,075,666 •Interest Savings - $569,042 Supplemental Information - Item 3a (Replacement Page 11) 12 •Establish long-term target for funding ratio of 85% •Direction / prioritization for use of Surplus Funds •Prepay annual UAL payment by July 31 •Contribute to UAL from reserves, one-time revenues, or fund surpluses •Consider tax-exempt financing to fund capital projects •Utilize savings from debt refinancing to pay down UAL •Rate / fee setting should consider pay down of UAL •Pension obligation financing shall be considered for paying down UAL POLICY OBJECTIVES 13 •Annual Review Actuarial Valuation Report •Establish §115 Trust Pension Reserve to manage final 15% funding •Transparency and reporting •Make Actuarial Valuation available to Board and website •Annual budget considerations •Periodic policy review POLICY OBJECTIVES 14 •Adopt Unfunded Accrued Liability Management Policy 7.8 RECOMMENDATION QUESTIONS? EAST VALLEY WATER DISTRICT Administrative Policies & Programs Policy Title: Unfunded Accrued Liability Management Policy Original Approval Date: February 26, 2025 Last Revised:Policy No: 7.8 Page 1 of 12 Section 1. Purpose The purpose of this Unfunded Accrued Liability Management Policy (the “Policy”) is to strategically address the existing and any future unfunded accrued liability (the “UAL”) associated with the East Valley Water District’s (the “District”) California Public Employees’ Retirement System (CalPERS) pension plans (the “Pension Plans”). This Policy also addresses some of the principal elements and core parameters central to the policy objectives discussed in this Policy. In the development of this Policy, the District strives to reduce its UAL and the associated financing costs in the most cost-efficient and fiscally responsible manner possible. The District is committed to fiscal sustainability by employing long-term financial planning efforts, striving to maintain appropriate reserve levels, and employing prudent practices in governance, management, budget administration, and financial reporting. This Policy is intended to make all relevant information readily available to decision-makers and the public to improve the quality of decisions and transparency, identify policy goals, and to demonstrate a commitment to long-term financial planning. Development of this Policy signals to rating agencies and capital markets that the District is willing to set policies that improve its ability to meet its obligations in a timely manner. The Policy is intended to reflect a reasonable and conservative approach to managing UAL costs associated with the Pension Plans. This Policy recognizes that the Pension Plans are subject to market volatility, and that actual economic and demographic experience of the plans will differ from the actuarial assumptions. Accordingly, it is intended to allow for adaptive responses to changing circumstances, providing flexibility to address such volatility in a financially sound manner. As such, the District will be required to continually monitor its Pension Plans and the corresponding UAL. Section 2. Policy Goals and Objectives The overarching goals and objectives of this Policy are as follows: •Establish, attain, and maintain targeted pension plan funding levels •Provide sufficient assets to permit the payment of all benefits under the Pension Plans EAST VALLEY WATER DISTRICT Administrative Policies & Programs Policy Title: Unfunded Accrued Liability Management Policy Original Approval Date: February 26, 2025 Last Revised:Policy No: 7.8 Page 2 of 12 •Seek to manage and control future contribution volatility to the extent reasonably possible •Strive to make Annual Discretionary Payments to accelerate UAL pay-down, reduce interest costs, and stabilize future payments •Maintain the District’s sound financial position and creditworthiness •Provide guidance in making annual budget decisions •Create sustainable and fiscally sound future budgets •Demonstrate prudent financial management practices •Ensure that pension funding decisions protect both current and future stakeholders •Create transparency as to how and why the Pensions Plans are funded Section 3. Background and Discussion A. In General. Each Pension Plan is a multiple-employer defined benefit pension plan administered by the CalPERS. All full-time and certain part-time District employees are eligible to participate in the CalPERS retirement and disability benefits, annual cost of living adjustments and death benefits offered to plan members and their beneficiaries. CalPERS acts as a common investment and administrative agent for participating public entities within the State of California. Benefit provisions and all other requirements are established by state statute. The financial objective of a defined benefit pension plan is to fund the long-term cost of benefits provided to the plan participants. In order to assure its financial soundness and sustainability, the plan should accumulate adequate resources in a systematic and disciplined manner to ensure sufficient resources are available to meet employee benefit requirements. This Policy outlines the practices the District will utilize to address its actuarially determined contributions to fund the long-term cost of benefits to the Pension Plan participants and annuitants. EAST VALLEY WATER DISTRICT Administrative Policies & Programs Policy Title: Unfunded Accrued Liability Management Policy Original Approval Date: February 26, 2025 Last Revised:Policy No: 7.8 Page 3 of 12 B. Pension Costs and Liabilities. In order to fund its employees’ pension benefits, the District is required to make contributions (a portion of which may come from the employees) to CalPERS. CalPERS then invests these contributions to generate returns to help fund the pension benefits. The regular required contributions, known as the “Normal Cost,” are calculated as a percent of salaries and represent the annual cost of service accrual for the upcoming fiscal year for active employees. If, for any reason, the actual Pension Plan experience and investment performance fall short of the actuarial assumptions, the Pension Plan can become underfunded, (i.e. the Pension Plan’s Total Accrued Liability exceeds the Plan’s Market Value of Assets). This shortfall is known as the Unfunded Accrued Liability (the “UAL”) and usually has to be covered by the District through a series of UAL Payments, which are above and beyond the “Normal Cost” contributions. The UAL Payments are calculated in total dollar amounts, not as a percent of salaries. The UAL can be caused by multiple factors, including but not limited to, changes to CalPERS’ actuarial amortization policy, retroactive pension benefit enhancements, investment underperformance, actuarial assumption changes, demographic factors, and discount rate reductions. C. UAL is Debt. The UAL balance at any given point in time is a debt of the District owed to CalPERS which is amortized over a set period of time with interest accruing at the then current CalPERS discount rate (the “Discount Rate”). However, this debt can be prepaid at any time without penalties. Recognizing the UAL as debt helps the District identify proper steps to address it and minimize the associated financing costs. D. Ongoing CalPERS Practices. Every year CalPERS prepares updated actuarial valuation reports for each of the District’s Pension Plans wherein it calculates the District’s total pension liability as of the end of the prior fiscal year (each a “Valuation Report”). If the investment performance during that fiscal year was different from the Discount Rate, or if CalPERS made any changes to its actuarial assumptions, or if the actual demographic or compensation experience within the Pension Plans was different from the actuarial assumptions, new line items, or UAL amortization “bases,” may be added to the plan and result in a change to the UAL balance. Such UAL amortization bases may be positive (indicating funding shortfall for the Pension Plans) or negative (indicating funding surplus for the Pension Plans). Since CalPERS can add new UAL EAST VALLEY WATER DISTRICT Administrative Policies & Programs Policy Title: Unfunded Accrued Liability Management Policy Original Approval Date: February 26, 2025 Last Revised:Policy No: 7.8 Page 4 of 12 amortization bases every year, the Pension Plans must be monitored annually and managed continually – there is no one-time solution. CalPERS has adopted the UAL amortization methods that were meant to help public agencies “ease into” paying for the UAL increases. New UAL amortization bases are implemented incrementally, with a five-year ramp-up period, and at times include additional small increases in each of the subsequent years. The ramp-up period, while reducing the cash flow impact in the near term, increases the overall UAL repayment costs for the District by delaying repayment. Since the UAL balances accrue interest at the rate that is equal to the then current Discount Rate, the delayed payments prior to the commencement of the amortization and the reduced payments during the ramp-up period that do not fully cover the interest costs result in negative amortization, causing further increases to the UAL balance. To help reduce the overall costs of the UAL repayment, this Policy encourages level annual payments (i.e., no ramp-up) whenever possible. Section 4. Policy A. Funding Level Objective. It is the District’s policy to strive to achieve and maintain a Pension “Funded Ratio” (being the ratio by which the Market Value of Assets—as set forth in the most recently published Valuation Report—compares to the Entry Age Normal Accrued Liability or “Total Accrued Liability”—as set forth in the most recently published Valuation Report) for each Pension Plan of 85% (the “Funding Level Objective”). Funding Level Objective = 85% Achieving and maintaining the 85% Funding Level Objective ensures that the ongoing contributions of the District and its employees are properly and adequately funding the retirement benefits of today’s workers. The reason for a Funding Level Objective of 85% rather than 100% is to allow some cushion for the possibility that good investment returns by CalPERS in a given year might push the funded level of a Pension Plan above 100% (commonly referred to as “superfunded status”). The District will strive to manage the 15% differential (i.e., the difference between 85% and 100%) through its own investment process by virtue of a “115 Trust Pension Fund” discussed herein. EAST VALLEY WATER DISTRICT Administrative Policies & Programs Policy Title: Unfunded Accrued Liability Management Policy Original Approval Date: February 26, 2025 Last Revised:Policy No: 7.8 Page 5 of 12 Guidance: To achieve the Funding Level Objective and ensure compliance with best management practices, this Policy provides the following guidance: 1. Pre-Pay the Entire Annual UAL Payment by July 31st of each year. On or before July 31st of each year, the District receives its annual CalPERS UAL invoice. The District has two payments options. The invoice can (1) be paid in equal monthly increments, or (2) be fully pre-paid at the beginning of the fiscal year by July 31st. By prepaying the entire invoice amount due by July 31st, the District can concurrently save approximately 3.5% compared to making the monthly payments. As such, every effort should be made to pre-pay the UAL payment upon receipt of the annual invoice. 2. Pre-Pay UAL from Reserves, One-Time Revenues and Fund Surpluses. Reserves normally do not earn returns that can offset the interest rate that CalPERS charges on the outstanding UAL balance. Supplemental contributions into the Pension Plans and/or the 115 Trust Pension Reserve Fund (see Section 4C below) from available reserves, one-time revenues and fund surpluses can generate substantial long-term net savings. Each supplemental contribution, referred to by CalPERS as an Additional Discretionary Payment (ADP), reduces the UAL balance, the Annual Required Contributions (ARC) for future years, and the total interest costs associated with the UAL. Therefore, during each budget cycle, the District staff shall review all available reserves, one-time revenues and fund surpluses to determine whether any such funds could be used to make an ADP to pay down the UAL, keeping in mind operational and capital budgetary constraints while maintaining adequate reserves and balancing the fiscal soundness of eliminating the high-interest UAL debt. Every effort should be made to make an ADP during years with added bases to avoid ramp-up periods and the associated costs. ADPs should not adversely affect the general operations and fiscal soundness of the District. 3. Capital Financing. When considering capital improvement projects, staff regularly reviews and plans for reserving cash to fund some or all of these capital improvement projects. When considering how to pay for current and future capital improvement projects, staff should review the current tax- exempt market to assess if it would be more cost effective to borrow at tax- EAST VALLEY WATER DISTRICT Administrative Policies & Programs Policy Title: Unfunded Accrued Liability Management Policy Original Approval Date: February 26, 2025 Last Revised:Policy No: 7.8 Page 6 of 12 exempt rates to pay for the capital projects and redirect the reserved cash (and/or such other appropriate funds of the District) to make ADPs to CalPERS. If there are projected cost savings by using this method, and a capital financing strategy is to be implemented, the Board would need to approve of the ADPs being paid to CalPERS prior to the financing to ensure that the once reserved capital project funding is applied to UAL paydowns. 4. Utilize Savings Achieved from Refunding Outstanding Non-Pension Related Debt to Pre-Pay UAL. During each budget cycle, the District staff should review all outstanding long-term non- pension related debt of the District to determine whether a refunding of such debt might result in net present value (NPV) savings of greater than 3%, and if so, consider a structure and strategy that frontloads the savings from such debt refunding, which can then be used to pay down the UAL or make a contribution to the 115 Trust Pension Reserve Fund discussed herein. This strategy should only be used if the interest rates on the currently outstanding debt is sufficiently below the then-current Discount Rate to ensure that overall NPV savings of greater than 3% are achieved by the District. 5. Sources of Revenue. All fees, rates and charges should incorporate full allocation of pension costs for employees providing associated services. While some funds cannot contribute more than their fair share, they should not contribute less than their fair share. District staff shall review allocation of labor costs to proprietary and other funds to ensure full reimbursement of the pension cost burden. 6. Pension Obligation Financing. The District shall consider issuing taxable municipal debt obligations (Pension Obligations) to refinance the UAL, in part or in whole, if such bond obligations are expected to produce minimum cash flow savings of at least 8%. Pension Obligations shall not utilize swaps or derivatives of any kind and should be structured with reasonable and flexible call provisions (with a maximum of 10- year call provision). Pension Obligations shall be used only to prepay the UAL liabilities, and shall not be used to finance EAST VALLEY WATER DISTRICT Administrative Policies & Programs Policy Title: Unfunded Accrued Liability Management Policy Original Approval Date: February 26, 2025 Last Revised:Policy No: 7.8 Page 7 of 12 Normal Cost payments. The issuance of Pension Obligations must be voted upon and approved by the Board. To the extent directed by the Board after due consideration, annual savings achieved by issuing the Pension Obligations should be used to either (i) directly prepay new UAL amortization bases as they arise, (ii) make deposits into the 115 Trust Pension Reserve Fund, (iii) offset operational costs, and/or (iv) fund any other legally permissible activities of the District. 7. Annual Review of the CalPERS Actuarial Valuation Reports and Associated Tasks. The District staff shall review or cause to be reviewed the annual CalPERS actuarial valuation reports once they are made public by CalPERS. The review should focus on identifying the annual changes to each of the Pension Plan’s UAL and quantifying the associated cost implications and the corresponding impact on the Funded Ratio. Staff should annually reach out to the District’s CalPERS actuary to request a calculation of flat payments (rather than ramp-up payments) for all outstanding and new UAL amortization bases. In making ADPs, the District staff shall determine or cause to be determined the optimal application of the ADPs to the outstanding UAL amortization bases to achieve the Funding Level Objective as well as desired budgetary outcomes. EAST VALLEY WATER DISTRICT Administrative Policies & Programs Policy Title: Unfunded Accrued Liability Management Policy Original Approval Date: February 26, 2025 Last Revised:Policy No: 7.8 Page 8 of 12 B. District Contributions 1. Annual Contribution Relative to Payroll. Recognizing the benefit of long-term returns and the need to proactively manage the high long-term costs associated with carrying UAL, the District will proactively contribute funds to the CalPERS Pension Plans and/or the 115 Trust Pension Reserve Fund based on a percentage of each Fiscal Year’s forecasted payroll. In each Fiscal Year where the Pension Plans total Market Value of Assets combined with the 115 Trust Pension Reserve Fund balance is less than [108]% of the Entry Age Normal Accrued Liability (which summation is hereafter referred to as the “115 Trust Pension Reserve Fund Ceiling”), during the District’s normal budget adoption process, beginning with the 2025-26 Fiscal Year budget, the District will consider contributing amounts to either the CalPERS Pension Plans if funded less than 85%, and if not, the Annual Contribution shall be made to the 115 Trust Pension Reserve Fund, in amounts that are between [1]% and [5]% of the forecasted payroll for that Fiscal Year (the “Annual Contribution”), as recommended by the General Manager or Chief Financial Officer and approved by the Board as part of the final Adopted Budget. 2. Other Contributions. If the Funded Ratio falls below 85%, all other discretionary contributions above and beyond the Annual Contributions (the “Other Contributions”) made by the District will be allocated to the CalPERS Pension Plans as an ADP. However, if the Funded Ratio surpasses 85% but remains below the 115 Trust Pension Reserve Fund Ceiling, then such Other Contribution will be directed to the 115 Trust Pension Reserve Fund. C. Establishment and Operation of a 115 Trust Pension Reserve Fund. 1. Establishment of a 115 Trust Pension Reserve Fund. The District has or will have established a 115 Trust Pension Reserve Fund which is managed by a third-party investment manager (the “Investment Manager”). The 115 Trust Pension Reserve Fund may receive funds deposited into it at the discretion of the Board, based on recommendations made by the General Manager or Chief Financial Officer during the annual budget process. Funds in the 115 Trust EAST VALLEY WATER DISTRICT Administrative Policies & Programs Policy Title: Unfunded Accrued Liability Management Policy Original Approval Date: February 26, 2025 Last Revised:Policy No: 7.8 Page 9 of 12 Pension Reserve Fund shall only be used for the District’s pension benefits costs (i.e., UAL and Normal Costs) associated with the District’s Pension Plans in accordance with the goals and objectives set forth in this Policy. 2. Funding the 115 Trust Pension Reserve Fund. (a)Annual Contributions and Other Contributions. The District will endeavor to make Annual Contributions and Other Contributions in the amounts and manner specified in Section 4B above until such time that the 115 Trust Pension Reserve Fund reaches the 115 Trust Pension Reserve Fund Maximum (as outlined in section 4C3 below). (b)Sequestered Savings. Upon the issuance of each series of Pension Obligations, for each of the ensuing ten (10) consecutive years (or such other period of years as deemed appropriate by the Board at the time of any subsequent issuances of Pension Obligations) following such issuance, a fixed dollar amount equal to [50%] (or such other percentage as deemed appropriate by the Board at the time of any subsequent issuances of Pension Obligations) of the “Total Sequestered Savings” (as calculated in the manner set forth below) achieved by issuing Pension Obligations (the “Annual Sequestered Savings Savings”), shall be transferred from the operating fund and deposited into the 115 Trust Pension Reserve Fund until such time that the 115 Trust Pension Reserve Fund reaches the 115 Trust Pension Reserve Fund Maximum (as outlined in section 4C3 below), and thereafter all Sequestered Savings will be directed to a “Pension Obligation Prepayment Fund” which will be established and maintained by the District for the purpose of prepaying any outstanding Pension Obligations. Annual Sequestered Savings = SSP x( UALDS - DS ) Y SSP = Sequestered Savings Percentage UALDS = Scheduled UAL debt service being paid off by the Pension Obligations DS = Total principal amount of Debt Service on the Pension Obligations Y = Number of years to pay back Sequestered Savings EAST VALLEY WATER DISTRICT Administrative Policies & Programs Policy Title: Unfunded Accrued Liability Management Policy Original Approval Date: February 26, 2025 Last Revised:Policy No: 7.8 Page 10 of 12 Example of Annual Sequestered Savings Calculation A $5M Pension Obligation was issued for the purpose of prepaying UAL. The total UAL debt service (UALDS) paid off with the Pension Obligation was $8,000,000 and the total debt service (DS) on the Pension Obligation is $7,000,000. The District elected to sequester 50% of the total savings over a 10-year period (Y), which in this example results in Annual Sequestered Savings of $50,000. Annual Sequestered Savings = 0.5x( 8,000,000 - 7,000,000 ) 10 = $50,000 3. Operation of the 115 Trust Pension Reserve Fund. All Annual Contributions and Other Contributions that have been directed to the 115 Trust Pension Reserve Fund, along with all applicable Sequestered Savings, shall be used solely for the purpose of making ADP’s (and Normal Cost payments during a Fiscal Hardship, as defined below) to CalPERS for the purpose of achieving and maintaining the Funding Level Objective. With the goal of achieving and maintaining the Funding Level Objective, each year during the budget cycle, District staff shall calculate, or cause to be calculated, the upcoming Fiscal Year’s estimated Funded Ratio by taking into account the most recent Valuation Report’s statement of Funded Ratio and adjusting for the estimated UAL amortization base that will be either added or subtracted due to the prior Fiscal Year’s investment result of either exceeding or falling short of the then current Discount Rate for that Fiscal Year (the “Estimated Funded Ratio”). If the Estimated Funded Ratio is estimated to be less than the Funding Level Objective, to the extent funds are available in the 115 Trust Pension Reserve Fund, the appropriate member of staff shall either make, or shall direct the Investment Manger to make, an ADP to CalPERS in the amount necessary to bring the Funded Ratio back up to the Funding Level Objective. Additionally, if sufficient funds are available in the 115 Trust Pension Reserve Fund, staff shall assess whether to fully amortize any new UAL amortization bases to reduce the long-term interest costs associated with the “ramping” procedures used by CalPERS. EAST VALLEY WATER DISTRICT Administrative Policies & Programs Policy Title: Unfunded Accrued Liability Management Policy Original Approval Date: February 26, 2025 Last Revised:Policy No: 7.8 Page 11 of 12 Except in the case of a Fiscal Hardship, as defined below, moneys in the 115 Trust Pension Reserve Fund shall not be used to pay Normal Costs until such time as the amount therein, when combined with the Market Value of Assets (as set forth in the most recently published Valuation Report) exceeds the 115 Trust Pension Reserve Fund Maximum. To the extent monies in the 115 Trust Pension Reserve Fund on June 30th exceed the 115 Trust Pension Reserve Fund Maximum (after consideration has been given to the amounts therein required to be paid to CalPERS for the ensuing Fiscal Year to maintain the Estimated Funded Ratio at or above the Funding Level Objective), any accrued surplus over [108]% may be used to offset the District’s Normal Cost payment made to CalPERS in such Fiscal Year, and any applicable Sequestered Savings will be directed to the Pension Obligation Prepayment Fund. 4. Fiscal Hardship. “Fiscal Hardship” means an economic hardship, or other unanticipated fiscal emergency, that has been declared by resolution of the Board. D. Transparency and Reporting. Funding of the Pension Plans should be transparent to all stakeholders, including plan participants, annuitants, the Board, and District residents. To achieve this Policy objective, copies of the annual actuarial valuation reports for each Pension Plan shall be made available to the Board, and shall be posted on the District’s website. The District’s audited financial statements shall also be posted on the District’s website because they include, among other things, information on the District’s current and future annual Pension Plan contributions as well as the funded status of each Pension Plan. E. Annual Budget to Contain Policy Directed Information. The District’s annual operating budget shall consider the items specified in this Policy for inclusion in each such annual budget. F. Review of Policy. Funding a defined benefit pension plan requires a long-term horizon planning approach. This Policy is intended to provide general objectives and guidelines, which will require periodic review to consider changes in the District’s financial position and Pension Plan funded status over time. As such, the District staff will review this Policy for implementation of new best practices and will provide such EAST VALLEY WATER DISTRICT Administrative Policies & Programs Policy Title: Unfunded Accrued Liability Management Policy Original Approval Date: February 26, 2025 Last Revised:Policy No: 7.8 Page 12 of 12 proposed changes to the Board for adoption on an as needed basis, not to exceed 5 years. Agenda Item #3b February 26, 20251 Meeting Date: February 26, 2025 Agenda Item #3b Discussion Item 1 3 5 1 Regular Board Meeting TO: Governing Board Members FROM: General Manager/CEO SUBJECT: Consider Approval of Fiscal Year 2024-25 Mid-Year Budget Revisions RECOMMENDATION That the Board of Directors approve amendments to the FY 2024-25 Operating and Capital Budgets by increasing budgeted revenue by $462,000 and increasing Operating and Capital expenditures by $3,362,000. BACKGROUND / ANALYSIS Each year staff provides a mid-year budget update to the Board, usually including recommendations for revisions to the adopted annual budget so that revenues and expenses remain closely aligned through the end of the fiscal year. This budget review accounts for actual versus budgeted revenues and expenses between July 1, 2024 through December 31, 2024. Realigning budgeted and actual expenditures allows management and staff to reset expectations regarding the availability of funds to achieve program objectives and complete projects throughout the remainder of the fiscal year. The mid-year revenue adjustments were presented to the Finance & Human Resources Committee on February 11, 2025. The District’s budget includes three separate funds 1) Water, 2) Wastewater Collection, and 3) Reclamation. Each fund has its’ independent revenue and expenses that are balanced each year. The mid-year budget identifies proposed changes to each of the three funds. The largest variations include revenue changes in the Water and Reclamation Fund and increased expenses in the Reclamation fund. The mid-year budget proposes a net increase to projected revenue of $462,000. Operating expenses are proposed to increase by $3,052,000 and Capital expenditures by $310,000. The deficit left by these adjustments of $2,900,000 will need to be made up by reserves. The proposed Mid-Year budget adjustments are attached. Below is a description of the proposed Mid-Year budget adjustments by Fund. Water Fund Revenue from Potable Water Sales were $944,977 higher than projection through December resulting in year-to-date Water Sales of $11,690,977. Sales were over projection in four of the six months. Lower than normal precipitation in Southern California during the first half of the fiscal year resulted in customers having to irrigate more than normal, as evidenced by higher Agenda Item #3b February 26, 20252 Meeting Date: February 26, 2025 Agenda Item #3b Discussion Item 1 3 5 1 sales in November when irrigation systems are usually turned off. Construction Water Sales were higher than budgeted during the reporting period with approximately $433,000 in increased sales. The increased Water Sales may not continue through the remainder of the year, therefore the proposed Mid-Year revenue increase for the Water Fund is $900,000. Revenue for Meter Charges of $5,189,278 exceeded budget by approximately $160,000 through December, with majority of this surplus related to construction meters. As these are fixed charges and the surplus will likely increase throughout the remainder of the fiscal year, staff proposes to increase budgeted meter charge revenue by $160,000 at mid-year. Revenue from Investment and Other Income exceeded projections by 152% during the first half of the year. Most of the increase is from construction related Capacity Fees restricted as to their use and are therefore not available for operating expenses. However, a Demand Management Incentive award from SBVMWD for $254,219 is for past performance and not restricted, therefore, staff is proposing to adjust the budget for Investment and Other Income revenue by $250,000 at mid-year. ADOPTED BUDGET PRO POSED REVISIONS REVIS ED BUDGET REVENUES 29,49 6,000$1,31 0,0 00$ 3 0,806,0 00$ Operating Ex pense 25,148,000 84,900 25,232,900 Debt Serv ice 2,662,000 -2,662,000 Capital Ex penditures 1,686,000 545,000 2,231,000 T ransfer T o (From ) Reserves -680,100 680,100 TOTAL EXPENDITURES 29,49 6,000$1,31 0,0 00$ 3 0,806,0 00$ NET -$ -$ -$ The adopted budget for the Water Fund included Operating expenses totaling $25,148,000. Mid-year expenses are less than 1% variant from budget and the recommended budget adjustment for Water Fund operating expense is $84,900. Capital expenditures to be paid by Water Fund Operating revenues were originally budgeted for $1,686,000. After reviewing the status of each project, staff proposes to increase the Water Fund’s contribution toward Capital expenditures by $545,000. These project revisions are explained in greater detail below and shown on the attached ‘Capital Budget - Mid Year Adjustments’ worksheet. The proposed increase to Water Fund projected revenue of $1,310,000 will offset increases to Operating and Capital expenditures from the Water Fund of $629,900. Staff projects that approximately $680,100 will be contributed to Water Fund reserves at the end of the fiscal year. Agenda Item #3b February 26, 20253 Meeting Date: February 26, 2025 Agenda Item #3b Discussion Item 1 3 5 1 Wastewater Fund The District budgeted Wastewater Collection rate revenue (System Charges) is $6,515,000 for fiscal year 2024-25. At mid-year, the System Charges are 2.6% above projection. The Wastewater Fund also had Investment and Other Revenues that were projected for $215,000 combined and no changes are proposed for Wastewater Fund revenue. ADOPTED BUDGET PRO PO S ED REVISIONS REVISED BUDGET Revenues 6 ,73 0,0 00$ -$ 6,730,0 00$ Operating Ex pense 6,006,000 (30,900)5,975,100 Debt Serv ice 482,000 -482,000 Capital Ex penditures 242,000 (83,000)159,000 T ransfer T o Reserves -113,900 113,900 Total Expenditures 6 ,73 0,0 00$ -$ 6,730,0 00$ Net -$ -$ -$ The Wastewater Fund Operating expense original budget is $6,006,000. The District has identified some areas of savings and cost reductions in the Operating budget. Capital expenditures funded by Operating revenue in the Wastewater Fund were originally budgeted for $242,000. However, cuts to certain Capital expenditures explained in the Capital section will reduce the amount needed from Wastewater revenues by $83,000. The table above shows that cuts to Wastewater Operating expenses and Capital expenditures will result in the addition of approximately $113,900 to Wastewater Fund reserves. Reclamation Fund The District’s Reclamation Fund relies on both Wastewater Treatment rate revenue, received from customers, and Non-Rate revenue received from outside third parties. Rate revenues were budgeted for $12,233,000 for fiscal year 2024-25, and these rates are substantially all based on fixed monthly charges. Actual Treatment revenue is on track to exceed the budgeted amount by more than $200,000 (1.6%), so staff is proposing to appropriate half that amount and increase projected revenue for the year to $12,333,000. Non-Rate revenues include LRIP recycled Water Sales and Food Waste Delivery Tipping Fees. Non-Rate revenue in the Reclamation Fund is projected to be lower than budgeted by $948,000 at the end of the year. Agenda Item #3b February 26, 20254 Meeting Date: February 26, 2025 Agenda Item #3b Discussion Item 1 3 5 1 LRIP revenue is received for recycled water being delivered to the Weaver Basins. Over one billion gallons of recycled water have been delivered for revenues of $612,079. This amount is 14% above the projected revenue of $536,000 at mid-year. Food Waste Tipping Fees are reliant on the operation of the food waste to energy treatment system. The commissioning of the food waste treatment system over the first half of the fiscal year is resulting in less Food Waste Delivery Tipping Fees. Revenues are below projections. Projections of Tipping Fee revenue for the year were $2,048,000, based on estimates of receiving up to 130,000 gallons of food waste per day, but only $281,094 in revenue were received through December. Non-Rate revenue is proposed to increase LRIP revenue by $100,000, and to decrease Tipping Fee revenue projections by $1,048,000 for the fiscal year. The Rate and Non-Rate revenue adjustments are proposed to be $848,000 for the fiscal year. A DOPTED BUDGET PROPOSED REVISIONS REVISED BUDGET REVENUES 15,703,000$ (848,000)$ 14,855,000$ Operating Expense 7,739,000 2,998,000 10,737,000 Debt S ervice 7,731,000 -7,731,000 Capital Expenditures 233,000 (152,000)81,000 Transfer To (From) Reserves -(3,694,000)(3,694,000) TOTA L EXPENDITURES 15,703,000$ (848,000)$ 14,855,000$ NET -$ -$ -$ Operating expenses for the Reclamation Fund had an original budget of $7,739,000. This year is the first year of operation for the SNRC and some treatment systems are still being commissioned. As such there have been several variations and adjustments to Operating expenses. The major Operating expense adjustments for the Reclamation Fund include: •Utilities’ costs are increased by $660,000 due to the co-generation still being commissioned. This has resulted in more purchased power and natural gas for the SNRC. The commissioning is assumed to be mostly completed by the end of the fiscal year with 90% of the power and natural gas being supplied by the food waste to energy treatment system. •Direct Labor and Benefits costs are projected to be below budget by $104,000 for this fiscal year due to a vacant position being held open through the remainder of the fiscal year, but this decrease will be offset by the need to contract for Temporary Labor services for $143,000. The budget for Overtime will also increase, by $185,000, to ensure staff is available to respond to any problem that might arise at the SNRC. •Materials & Supplies are being reduced by $452,000, largely due to the shift of chemical Agenda Item #3b February 26, 20255 Meeting Date: February 26, 2025 Agenda Item #3b Discussion Item 1 3 5 1 acquisition from this line item to Contract Services (see below). •Contract Services costs will increase by $2,564,000. Three Contract Services have increased more than was budgeted to provide operational assistance. 1) Hauling of biosolids, 2) Operational support of the food waste treatment system, including chemicals acquisition, and 3) Environmental compliance/testing are all higher than budgeted. After making the adjustment above, and accounting for other minor adjustments, staff projects that the Operating expense budget will increase by $2,998,000. Several cost reduction measures are being implemented in the Reclamation Fund. A vacant position will not be filled until next fiscal year. In addition, Reclamation Fund Capital expenditures for pumping improvements at the Weaver Emergency Storage Basin will be deferred. Staff has proposed removing that item from the Capital expenditures budget, reducing it by $150,000. The Reclamation Fund adjustment for revenue, operating expenses, and capital expenses results in a net budget increase of $3,694,000. The additional budget will be funded from the Reclamation reserves to fully fund the proposed expenses that are needed through the remainder of the 2024-25 fiscal year. Agenda Item #3b February 26, 20256 Meeting Date: February 26, 2025 Agenda Item #3b Discussion Item 1 3 5 1 Budget Summary for Water, Wastewater, and Reclamation Below is a District-Wide summary of the proposed changes to the fiscal year 2024-25 budget: DESCRIPTION YTD ACTIVITY FY 2024-25 A DOPTED BUDGET PROPOSED ADJ USTMENTS A MENDED BUDGET REVENUE Water Sales 12,303,056$ 18,992,000$ 1,000,000$ 19,992,000$ Meter Charges 5,189,278 10,525,000 160,000 10,685,000 Wastewater Collection 3,356,361 6,515,000 -6,515,000 Wastewater Treatment 6,409,952 12,233,000 100,000 12,333,000 Other Revenue 4,453,576 3,664,000 (798,000)2,866,000 TOTAL REVENUE 31,712,223$51,929,000$462,000$ 52,391,000$ EXPENDITURES Labor & Benef its 7,209,547$ 14,829,000$ 603,000$ 15,432,000$ Water Supply 137,969 833,000 -833,000 Power C osts 2,845,012 5,025,000 400,000 5,425,000 Materials & Supplies 1,645,786 2,808,250 (366,000)2,442,250 Contract Services 8,620,864 14,854,750 2,420,000 17,274,750 Other Operating Ex p 238,807 543,000 (5,000)538,000 TOTA L OPERA TING EXP 20,697,985$38,893,000$3,052,000$ 41,945,000$ Debt Serv ice 3,414,699 10,875,000 -10,875,000 Capital Ex penditures 686,601 2,161,000 310,000 2,471,000 Transf ers To (From) Reserv es --(2,900,000)(2,900,000) TOTAL EXPENDITURES 24,799,285$51,929,000$462,000$ 52,391,000$ Capital Expenditures Capital expenditures consists of 1) Capital Outlay and 2) Capital Projects. Over the first half of the year, staff have presented some new Capital expenditures for Board approval. These added Capital expenditures are included in the Mid-Year budget. Some budgeted projects have proposed variations due to changes in scope of work or contractor bids. These variations in budgeted projects are also addressed in the Mid-Year budget. Capital Outlay Capital Outlay consists of the purchase of equipment or funding of studies. Budgets for Capital Outlay purchases are usually estimates at the beginning of the year, and can be adjusted up or down, with approval, to the amount of actual quotes received from vendors. Most of the proposed revisions to Capital Outlay items, as shown on the attached ‘Capital Budget – Mid- Year Adjustments’ schedule, are the result of adjusting the budgets to actual purchase orders. There are no proposals to add or delete items to be purchased, with the following exception: •Emergency Plan Update - This $150,000 project was budgeted twice, in both the Operating budget and the Capital budget. Vendor payments have been charged against the Operating budget, so staff proposes to remove the project from the Capital Outlay budget. Agenda Item #3b February 26, 20257 Meeting Date: February 26, 2025 Agenda Item #3b Discussion Item 1 3 5 1 Capital Improvement Program (CIP) The following narratives explain the proposed adjustments shown in the blue shaded area of the accompanying ‘Capital Budget – Mid-Year Adjustments’ worksheet. Plant 101 Hydro System Rehabilitation - This project was funded $900,000 from replacement reserves in the current year budget. While this budget amount is enough to cover the construction costs, it will not cover engineering support during construction and inspections. Therefore, staff is proposing to increase the budget by $160,000 to be paid out of replacement reserves. Water Main Replacements (Elmwood Rd / Dogwood St) - This project budgeted for $300,000 replaced undersized 4” PVC with 6” ductile iron pipe. The project was completed using in-house staff. However, the cost to pave the project after completion was more than anticipated and staff proposes to increase the project budget by $22,000 to cover the additional cost. The increase will be funded out of Operating revenue. Facility Relocations – Requests by other agencies for the District to move facilities occur regularly, so this ‘reserve’ to cover the relocation costs as they arise has a perennial budget of $100,000. This year the County of San Bernardino is conducting a widening project over a District watermain that requires relocation of the watermain. The estimated cost of the relocation is $1,650,000, with the County being responsible for $700,000 of that amount. Staff is requesting an increase to this budget of $950,000 in order to cover the increase in project costs for which the District is responsible. The additional funding will come from Operating revenue and cost savings identified in other areas of the budget. Facility Rehabilitations / Plant 39 Warehouse Building – These projects with a combined budget of $730,000 were funded to construct a new warehouse building at Plant 39, connect the building to utilities, and equip it with communications and other devices. Some parts of the project are covered twice by the budget, and others were covered under the previous year’s budget, allowing staff to propose that this year’s budget be reduced by $280,000. Plant 129 Well – The new groundwater well planned at Plant 129 was allocated a budget of $3,000,000 out of Capacity Fees for this fiscal year. Less than half that amount will be spent this year, so this project’s budget has been adjusted down to $1,500,000 on the accompanying Mid-Year Adjustments worksheet. The balance of the project is between $3 and $4 million, and will be budgeted over the next two years. SNRC Fifth Membrane Train – This project was not in the original FY 2024-25 budget but was approved by the Board on November 13, 2024 as Amendment No. 14 to the Balfour Beatty SNRC construction contract. Total costs approved, including construction, management, and materials testing, were $9,301,002 plus a 10% contingency. Approximately $2,560,000 will be needed this fiscal year, to be paid out of Reclamation Fund Capacity Fees. Agenda Item #3b February 26, 20258 Meeting Date: February 26, 2025 Agenda Item #3b Discussion Item 1 3 5 1 The net effect of the proposed adjustments described above will decrease the Capital Outlay budget by $310,000, and increase Capital Improvement Program budgets by a net $1,762,000. A summary of Capital budget adjustments is on the attached worksheet. Summary Staff recommends that the Board approve budget adjustments increasing budgeted revenue by $462,000, increasing Operating and Capital expenditures by $3,362,000, and approve a draw from existing reserves of up to $2,900,000. DISTRICT PILLARS AND STRATEGIES II - Sustainability, Transparency, and Accountability a. Uphold Transparent and Accountable Fiscal and Resource Management REVIEW BY OTHERS This agenda item has been reviewed by the Finance Department, Executive Management team, and the Finance & Human Resources Committee. FISCAL IMPACT The proposed budget adjustments will increase budgeted expenditures by $3,362,000 and reduce reserves by $2,900,000. Recommended by: ________________ Michael Moore General Manager/CEO Respectfully submitted: ________________ Brian Tompkins Chief Financial Officer ATTACHMENTS Presentation-FY 2024-25 Mid-Year Review FY 2024-25 Mid-Year Budget Reports FY 2024-25 Capital Expenditures February 26, 2025 MID-YEAR REVIEW FY 2024-25 Brian Tompkins, Chief Financial Officer 2 OPERATING BUDGET REVIEW 3 WATER FUND SUMMARY REVENUE BUDGET YTD ACTUAL PROJECTED VARIANCE Water Sales 17,920,000$ 11,690,977$ 18,820,000$ 900,000$ Meter Charges 10,525,000 5,189,278 10,685,000 160,000 Other Charges / Revenue 1,051,000 2,648,232 1,301,000 250,000 TOTAL REVENUE 29,496,000$ 19,528,487$ 30,806,000$ 1,310,000$ EXPENSES BUDGET YTD ACTUAL PROJECTED VARIANCE Labor & Benefits 10,067,600$ 4,952,206$ 10,395,700$ 328,100$ Other Operating Expenses 15,080,400 7,539,177 14,837,200 (243,200) Capital Expenditures 1,686,000 616,241 2,231,000 545,000 Debt Service 2,662,000 407,298 2,662,000 - Transfer To (From) Reserves - - 680,100 680,100 TOTAL EXPENSES 29,496,000$ 13,514,922$ 30,806,000$ 1,310,000$ NET -$ 6,013,565$ -$ -$ Supplemental Information - Item 3b (Replacement Page 3) 4 WASTEWATER FUND SUMMARY REVENUE BUDGET YTD ACTUAL PROJECTED VARIANCE Collection System Charges 6,515,000$ 3,356,361$ 6,515,000$ -$ Other Charges / Revenue 215,000 797,664 215,000 - TOTAL REVENUE 6,730,000$ 4,154,025$ 6,730,000$ -$ EXPENSES BUDGET YTD ACTUAL PROJECTED VARIANCE Labor & Benefits 2,678,400$ 1,266,291$ 2,719,300$ 40,900$ Other Operating Expenses 3,327,600 1,728,094 3,255,800 (71,800) Capital Expenditures 242,000 53,922 159,000 (83,000) Debt Service 482,000 48,853 482,000 - Transfer To (From) Reserves - - 113,900 113,900 TOTAL EXPENSES 6,730,000$ 3,097,160$ 6,730,000$ -$ NET -$ 1,056,865$ -$ -$ Supplemental Information - Item 3b (Replacement Page 4) 5 RECLAMATION FUND SUMMARY REVENUE BUDGET YTD ACTUAL PROJECTED VARIANCE Sales 1,072,000$ 612,079$ 1,172,000$ 100,000$ Treatment Charges 12,233,000 6,409,952 12,333,000 100,000 Other Operating Revenue 2,058,000 959,336 1,010,000 (1,048,000) Non-Operating Revenue 340,000 48,344 340,000 - TOTAL REVENUE 15,703,000$ 8,029,711$ 14,855,000$ (848,000)$ EXPENSES BUDGET YTD ACTUAL PROJECTED VARIANCE Labor & Benefits 1,732,000$ 928,053$ 1,966,000$ 234,000$ Other Operating Expenses 6,007,000 4,284,164 8,771,000 2,764,000 Capital Expenditures 233,000 16,438 81,000 (152,000) Debt Service 7,731,000 2,958,548 7,731,000 - Transfer To (From) Reserves - - (3,694,000) (3,694,000) TOTAL EXPENSES 15,703,000$ 8,187,203$ 14,855,000$ (848,000)$ NET -$ (157,492)$ -$ -$ Supplemental Information - Item 3b (Replacement Page 5) 6 PROGRAM SUMMARY 7 FY 2024-25 PROGRAM SUMMARY PROGRAM BUDGET YTD PROJECTED VARIANCE Governing Board 326,000$ 123,150$ 326,000$ 0.00% General Administration 1,302,000 643,347 1,272,000 -2.30% Human Resources 3,615,000 2,701,197 3,580,000 -0.97% Public Affairs 1,513,000 564,414 1,513,000 0.00% Conservation 651,000 240,291 631,000 -3.07% Finance & Accounting 1,397,500 725,984 1,419,000 1.54% Information Technology 1,891,000 1,029,655 1,874,000 -0.90% Customer Service 2,212,000 1,166,239 2,212,000 0.00% Meter Services 304,000 151,354 306,000 0.66% Engineering 1,321,000 421,161 1,236,000 -6.43% SUBTOTAL OPERATING EXPENSES 14,532,500$ 7,766,792$ 14,369,000$ -1.13% 8 FY 2024-25 PROGRAM SUMMARY (CONT’D) PROGRAM BUDGET YTD PROJECTED VARIANCE Water Production 6,185,000$ 2,540,423$ 6,185,000$ 0.00% Water Treatment 1,629,000 711,262 1,609,000 -1.23% Water Quality 605,000 255,363 602,000 -0.50% Maintenance Administration 441,000 225,033 466,000 5.67% Water Maintenance 3,711,250 1,800,129 3,927,000 5.81% Wastewater Collection 962,250 430,287 962,000 -0.03% Water Reclamation 7,739,000 5,212,217 10,737,000 38.74% Facilities Maintenance 2,182,000 1,313,686 2,182,000 0.00% Fleet Maintenance 906,000 442,793 906,000 0.00% SUBTOTAL OPERATING EXPENSES 24,360,500$ 12,931,193$ 27,576,000$ 13.20% OPERATING EXPENSES (PREVIOUS PAGE)14,532,500$ 7,766,792$ 14,369,000$ -1.13% TOTAL OPERATING EXPENSES 38,893,000$ 20,697,985$ 41,945,000$ 7.85% 9 CAPITAL BUDGET 10 CAPITAL OUTLAY PROJECT FUNDING SOURCE ADOPTED BUDGET PROPOSED MID-YEAR ADJUSTMENT ADJUSTED BUDGET Plan Updates Water/Wastewater Operating Revenue 310,000$ (150,000)$ 160,000$ Website Redesign Water/Wastewater Operating Revenue 150,000 - 150,000 Office Equipment Water/Wastewater Operating Revenue 425,000 (102,000) 323,000 Production Equipment Water/Wastewater Operating Revenue 225,000 14,000 239,000 Studies & Assessments Water/Reclamation Operating Revenue 215,000 (57,000) 158,000 Vehicles & General Equipment Water/Reclamation Operating Revenue 128,000 (15,000) 113,000 TOTAL 1,453,000$ (310,000)$ 1,143,000$ 11 CIP – PROPOSED REVISIONS PROJECT FUNDING SOURCE ADOPTED BUDGET PROPOSED MID-YEAR REVISIONS REVISED BUDGET Plant 101 - Hydro Tank Rehabilitation Water Reserves 900,000$ 160,000$ 1,060,000$ Plant 129 Well Design & Construction Water Capacity Fees 3,000,000 (1,500,000) 1,500,000 Water Main Rehabilitation (Elmwood Rd & Dogwood St) Water Reserves 300,000 22,000 322,000 Facility Relocations Water Operating Revenue 100,000 950,000 1,050,000 Facility Rehabilitations Water Reserves 350,000 (180,000) 170,000 Plant 39 Warehouse Building Water Reserves 380,000 (100,000) 280,000 Additional Membrane Bio-Reactor (Phase I)Reclamation Capacity Fees - 2,560,000 2,560,000 Weaver Basins Emergency Storage Pumping Improvements Reclamation Operating Revenue 150,000 (150,000) - SUBTOTAL 5,180,000$ 1,762,000$ 6,942,000$ 12 CIP – NO PROPOSED REVISIONS PROJECT FUNDING SOURCE ADOPTED BUDGET PROPOSED MID-YEAR REVISIONS REVISED BUDGET Meter Replacement Program Water Operating Revenue 150,000$ -$ 150,000$ Tank/Reservoir Rehabilitation Water Reserves 1,000,000 - 1,000,000 North Fork Pipeline Rehabilitation Water Operating Revenue 100,000 - 100,000 Reservoir Seismic Retrofits Grant 660,000 - 660,000 Gate Valve Replacement Program Water Reserves 300,000 - 300,000 SUBTOTAL $ 2,210,000 $ - $ 2,210,000 SUBTOTAL (PREV PAGE) $ 5,180,000 $ 1,762,000 $ 6,942,000 TOTAL $ 7,390,000 $ 1,762,000 $ 9,152,000 QUESTIONS? WATER FUND FY 2024-25 MID-YEAR BUDGET REVIEW JULY 1, 2024 - DECEMBER 31, 2024 YTD ACTIVITY FY 2024-25 BUDGET BUDGET ADJUSTMENT FY 2024-25 PROJECTED % CHANGE Program: 0000 - Undesignated 41 - Water Sales 11,690,977 17,920,000 900,000 18,820,000 42 - Meter Charges 5,189,278 10,525,000 160,000 10,685,000 43 - Penalties 286,529 416,000 - 416,000 46 - Other Operating Revenue 1,820,454 115,000 250,000 365,000 47 - Non Operating Revenue 541,249 520,000 - 520,000 TOTAL 19,528,487 29,496,000 1,310,000 30,806,000 4.44% Program: 1000 - Governing Board 51 - Labor 41,203 99,400 - 99,400 56 - Benefits 33,778 63,000 - 63,000 62 - Materials and Supplies - 2,100 - 2,100 63 - Contract Services 2,643 39,200 - 39,200 65 - Professional Development 9,522 24,500 - 24,500 TOTAL 87,146 228,200 - 228,200 0.00% Program: 2000 - General Administration 51 - Labor 211,479 434,700 - 434,700 52 - Temporary Labor 9,353 21,000 - 21,000 53 - Overtime 1,317 2,800 - 2,800 56 - Benefits 114,724 186,900 - 186,900 62 - Materials and Supplies 444 4,200 - 4,200 63 - Contract Services 59,576 151,200 (21,000) 130,200 64 - Utilities 1,368 2,800 - 2,800 65 - Professional Development 55,776 107,800 - 107,800 TOTAL 454,037 911,400 (21,000) 890,400 -2.30% Program: 2100 - Human Resources 51 - Labor 109,383 247,100 - 247,100 52 - Temporary Labor - - - - 53 - Overtime 650 2,100 - 2,100 56 - Benefits 99,739 149,800 - 149,800 62 - Materials and Supplies 442 3,500 - 3,500 63 - Contract Services 51,483 235,200 4,200 239,400 64 - Utilities 393 1,400 - 1,400 65 - Professional Development 20,226 41,300 700 42,000 67 - Other 1,760,364 1,850,100 (29,400) 1,820,700 TOTAL 2,042,680 2,530,500 (24,500) 2,506,000 -0.97% Program: 2200 - Public Affairs 51 - Labor 133,803 361,900 - 361,900 52 - Temporary Labor - - - - 53 - Overtime 3,687 11,900 - 11,900 56 - Benefits 56,155 107,100 - 107,100 62 - Materials and Supplies 11,217 67,200 - 67,200 63 - Contract Services 186,823 443,100 - 443,100 64 - Utilities 1,534 24,500 - 24,500 65 - Professional Development 15,522 43,400 - 43,400 TOTAL 408,741 1,059,100 - 1,059,100 0.00% Page 1 of 20 WATER FUND FY 2024-25 MID-YEAR BUDGET REVIEW JULY 1, 2024 - DECEMBER 31, 2024 YTD ACTIVITY FY 2024-25 BUDGET BUDGET ADJUSTMENT FY 2024-25 PROJECTED % CHANGE Program: 2300 - Conservation 51 - Labor 54,606 123,000 - 123,000 52 - Temporary Labor - - - - 53 - Overtime 2,890 7,000 - 7,000 56 - Benefits 18,958 44,000 - 44,000 62 - Materials and Supplies 27,585 63,000 - 63,000 63 - Contract Services 74,207 291,000 (20,000) 271,000 64 - Utilities 8,029 26,000 - 26,000 65 - Professional Development 3,649 12,000 - 12,000 67 - Other 50,367 85,000 - 85,000 TOTAL 240,291 651,000 (20,000) 631,000 -3.07% Program: 3000 - Finance & Accounting 51 - Labor 253,356 576,100 - 576,100 52 - Temporary Labor - - - - 53 - Overtime 3,876 9,100 - 9,100 56 - Benefits 164,744 268,100 - 268,100 62 - Materials and Supplies 4,765 4,200 700 4,900 63 - Contract Services 70,809 97,650 14,350 112,000 64 - Utilities 677 2,800 - 2,800 65 - Professional Development 10,193 20,300 - 20,300 67 - Other - - - - TOTAL 508,420 978,250 15,050 993,300 1.54% Program: 3200 - Information Technology 51 - Labor 152,583 340,900 - 340,900 52 - Temporary Labor - 11,900 (11,900) - 53 - Overtime - - - - 56 - Benefits 143,817 196,000 - 196,000 62 - Materials and Supplies 35,745 59,500 - 59,500 63 - Contract Services 381,554 703,500 - 703,500 64 - Utilities 7,277 8,400 - 8,400 65 - Professional Development 88 3,500 - 3,500 TOTAL 721,064 1,323,700 (11,900) 1,311,800 -0.90% Program: 3300 - Customer Service 51 - Labor 214,610 480,200 - 480,200 52 - Temporary Labor - - - - 53 - Overtime 2,902 4,900 - 4,900 56 - Benefits 137,176 227,500 - 227,500 62 - Materials and Supplies 591 4,900 - 4,900 63 - Contract Services 389,997 702,800 - 702,800 64 - Utilities 67,293 112,700 - 112,700 65 - Professional Development 1,430 11,200 - 11,200 67 - Other 3,973 4,200 - 4,200 TOTAL 817,972 1,548,400 - 1,548,400 0.00% Program: 3400 - Meter Services 51 - Labor 82,258 181,000 - 181,000 53 - Overtime 1,574 6,000 - 6,000 56 - Benefits 59,703 104,000 - 104,000 62 - Materials and Supplies - 4,000 - 4,000 63 - Contract Services 6,390 7,000 1,000 8,000 64 - Utilities 1,429 2,000 1,000 3,000 65 - Professional Development - - - - TOTAL 151,354 304,000 2,000 306,000 0.66% Page 2 of 20 WATER FUND FY 2024-25 MID-YEAR BUDGET REVIEW JULY 1, 2024 - DECEMBER 31, 2024 YTD ACTIVITY FY 2024-25 BUDGET BUDGET ADJUSTMENT FY 2024-25 PROJECTED % CHANGE Program: 4000 - Engineering 51 - Labor 196,013 460,600 - 460,600 52 - Temporary Labor - - 101,500 101,500 53 - Overtime - - - - 56 - Benefits 45,186 107,800 - 107,800 62 - Materials and Supplies 180 4,200 - 4,200 63 - Contract Services 21,303 275,100 (140,000) 135,100 64 - Utilities 17,571 68,600 (35,000) 33,600 65 - Professional Development 6,037 8,400 3,500 11,900 TOTAL 286,290 924,700 (70,000) 854,700 -7.57% Program: 5000 - Water Production 51 - Labor 383,692 884,000 - 884,000 53 - Overtime 42,330 92,000 - 92,000 54 - Standby 17,580 47,000 - 47,000 56 - Benefits 239,999 396,000 - 396,000 61 - Water Supply 137,969 833,000 - 833,000 62 - Materials and Supplies 126,607 288,000 - 288,000 63 - Contract Services 321,980 535,000 - 535,000 64 - Utilities 1,268,031 3,099,000 - 3,099,000 65 - Professional Development 2,235 11,000 - 11,000 TOTAL 2,540,423 6,185,000 - 6,185,000 0.00% Program: 5100 - Water Treatment 51 - Labor 133,202 304,000 - 304,000 53 - Overtime 10,272 39,000 - 39,000 56 - Benefits 125,213 179,000 - 179,000 62 - Materials and Supplies 206,240 200,000 80,000 280,000 63 - Contract Services 132,792 664,000 (100,000) 564,000 64 - Utilities 103,543 243,000 - 243,000 TOTAL 711,262 1,629,000 (20,000) 1,609,000 -1.23% Program: 5200 - Water Quality 51 - Labor 98,753 279,000 - 279,000 53 - Overtime 960 12,000 - 12,000 56 - Benefits 64,699 102,000 - 102,000 62 - Materials and Supplies 9,699 25,000 - 25,000 63 - Contract Services 79,823 178,000 - 178,000 64 - Utilities 193 2,000 - 2,000 65 - Professional Development 1,236 7,000 (3,000) 4,000 TOTAL 255,363 605,000 (3,000) 602,000 -0.50% Program: 6000 - Maintenance Administration 51 - Labor 90,175 196,200 - 196,200 52 - Temporary Labor - - - - 53 - Overtime 453 1,800 - 1,800 54 - Standby 20,742 18,000 22,500 40,500 56 - Benefits 73,263 118,800 - 118,800 62 - Materials and Supplies 145 2,700 - 2,700 63 - Contract Services 1,204 1,800 900 2,700 64 - Utilities 13,162 36,900 (900) 36,000 65 - Professional Development 6,159 20,700 - 20,700 67 - Other (4,229) - - - TOTAL 201,074 396,900 22,500 419,400 5.67% Page 3 of 20 WATER FUND FY 2024-25 MID-YEAR BUDGET REVIEW JULY 1, 2024 - DECEMBER 31, 2024 YTD ACTIVITY FY 2024-25 BUDGET BUDGET ADJUSTMENT FY 2024-25 PROJECTED % CHANGE Program: 6100 - Water Maintenance 51 - Labor 534,950 1,280,000 - 1,280,000 53 - Overtime 195,534 219,000 216,000 435,000 56 - Benefits 384,816 630,000 - 630,000 62 - Materials and Supplies 433,172 947,000 - 947,000 63 - Contract Services 251,656 635,250 (250) 635,000 64 - Utilities 1 - - - TOTAL 1,800,129 3,711,250 215,750 3,927,000 5.81% Program: 6200 - Wastewater Collection 51 - Labor - - - - 53 - Overtime - - - - 56 - Benefits - - - - 62 - Materials and Supplies - - - - 63 - Contract Services - - - - 64 - Utilities - - - - 65 - Professional Development - - - - TOTAL - - - - 0.00% Program: 6300 - Water Reclamation 51 - Labor - - - - 52 - Temporary Labor - - - - 53 - Overtime - - - - 54 - Standby - - - - 56 - Benefits - - - - 62 - Materials and Supplies - - - - 63 - Contract Services - - - - 64 - Utilities - - - - 65 - Professional Development - - - - TOTAL - - - - 0.00% Program: 7000 - Facilities Maintenance 51 - Labor 74,001 212,800 - 212,800 53 - Overtime 3,515 9,800 - 9,800 56 - Benefits 56,474 113,400 - 113,400 62 - Materials and Supplies 31,868 42,000 - 42,000 63 - Contract Services 630,241 872,200 - 872,200 64 - Utilities 158,189 275,100 - 275,100 65 - Professional Development 624 2,100 - 2,100 TOTAL 954,912 1,527,400 - 1,527,400 0.00% Program: 7100 - Fleet Maintenance 51 - Labor 35,458 73,500 - 73,500 53 - Overtime 3,895 2,100 - 2,100 56 - Benefits 12,707 22,400 - 22,400 62 - Materials and Supplies 57,060 126,000 - 126,000 63 - Contract Services 131,179 210,700 - 210,700 64 - Utilities 69,722 196,700 - 196,700 65 - Professional Development 204 2,800 - 2,800 TOTAL 310,225 634,200 - 634,200 0.00% TOTAL OPERATING EXPENSES 12,491,383 25,148,000 84,900 25,232,900 0.34% Page 4 of 20 WATER FUND FY 2024-25 MID-YEAR BUDGET REVIEW JULY 1, 2024 - DECEMBER 31, 2024 YTD ACTIVITY FY 2024-25 BUDGET BUDGET ADJUSTMENT FY 2024-25 PROJECTED % CHANGE Other Expenses 71 - Debt Service 407,298 2,662,000 - 2,662,000 81 - Capital Improvement 289,251 558,000 770,000 1,328,000 82 - Capital Outlay 326,990 1,128,000 (225,000) 903,000 88 - Transfers To (From) Reserves - - 680,100 680,100 TOTAL 1,023,539 4,348,000 1,225,100 5,573,100 28.18% NET 6,013,565 - - - Page 5 of 20 WASTEWATER FUND FY 2024-25 MID-YEAR BUDGET REVIEW JULY 1, 2024 - DECEMBER 31, 2024 YTD ACTIVITY FY 2024-25 BUDGET BUDGET ADJUSTMENT FY 2024-25 PROJECTED % CHANGE Program: 0000 - Undesignated 43 - Penalties 33,711 110,000 - 110,000 44 - Wastewater System Charges 3,356,361 6,515,000 - 6,515,000 46 - Other Operating Revenue 690,915 5,000 - 5,000 47 - Non Operating Revenue 73,038 100,000 - 100,000 TOTAL 4,154,025 6,730,000 - 6,730,000 0.00% Program: 1000 - Governing Board 51 - Labor 17,658 42,600 - 42,600 56 - Benefits 14,477 27,000 - 27,000 62 - Materials and Supplies - 900 - 900 63 - Contract Services 1,118 16,800 - 16,800 65 - Professional Development 2,751 10,500 - 10,500 TOTAL 36,004 97,800 - 97,800 0.00% Program: 2000 - General Administration 51 - Labor 90,633 186,300 - 186,300 52 - Temporary Labor 4,009 9,000 - 9,000 53 - Overtime 564 1,200 - 1,200 56 - Benefits 43,890 80,100 - 80,100 62 - Materials and Supplies 191 1,800 - 1,800 63 - Contract Services 25,532 64,800 (9,000) 55,800 64 - Utilities 586 1,200 - 1,200 65 - Professional Development 23,905 46,200 - 46,200 TOTAL 189,310 390,600 (9,000) 381,600 -2.30% Program: 2100 - Human Resources 51 - Labor 46,879 105,900 - 105,900 52 - Temporary Labor - - - - 53 - Overtime 279 900 - 900 56 - Benefits 42,713 64,200 - 64,200 62 - Materials and Supplies 190 1,500 - 1,500 63 - Contract Services 22,064 100,800 1,800 102,600 64 - Utilities 169 600 - 600 65 - Professional Development 6,349 17,700 300 18,000 67 - Other 539,874 792,900 (12,600) 780,300 TOTAL 658,517 1,084,500 (10,500) 1,074,000 -0.97% Program: 2200 - Public Affairs 51 - Labor 57,558 155,100 - 155,100 52 - Temporary Labor - - - - 53 - Overtime 1,580 5,100 - 5,100 56 - Benefits 24,068 45,900 - 45,900 62 - Materials and Supplies 4,807 28,800 - 28,800 63 - Contract Services 60,350 189,900 - 189,900 64 - Utilities 658 10,500 - 10,500 65 - Professional Development 6,652 18,600 - 18,600 TOTAL 155,673 453,900 - 453,900 0.00% Page 6 of 20 WASTEWATER FUND FY 2024-25 MID-YEAR BUDGET REVIEW JULY 1, 2024 - DECEMBER 31, 2024 YTD ACTIVITY FY 2024-25 BUDGET BUDGET ADJUSTMENT FY 2024-25 PROJECTED % CHANGE Program: 2300 - Conservation 51 - Labor - - - - 52 - Temporary Labor - - - - 53 - Overtime - - - - 56 - Benefits - - - - 62 - Materials and Supplies - - - - 63 - Contract Services - - - - 64 - Utilities - - - - 65 - Professional Development - - - - 67 - Other - - - - TOTAL - - - - 0.00% Program: 3000 - Finance & Accounting 51 - Labor 108,152 246,900 - 246,900 52 - Temporary Labor - - - - 53 - Overtime 1,661 3,900 - 3,900 56 - Benefits 72,116 114,900 - 114,900 62 - Materials and Supplies 2,042 1,800 300 2,100 63 - Contract Services 28,934 41,850 6,150 48,000 64 - Utilities 290 1,200 - 1,200 65 - Professional Development 4,369 8,700 - 8,700 67 - Other - - - - TOTAL 217,564 419,250 6,450 425,700 1.54% Program: 3200 - Information Technology 51 - Labor 64,964 146,100 - 146,100 52 - Temporary Labor - 5,100 (5,100) - 53 - Overtime - - - - 56 - Benefits 61,628 84,000 - 84,000 62 - Materials and Supplies 15,319 25,500 - 25,500 63 - Contract Services 163,523 301,500 - 301,500 64 - Utilities 3,119 3,600 - 3,600 65 - Professional Development 38 1,500 - 1,500 TOTAL 308,591 567,300 (5,100) 562,200 -0.90% Program: 3300 - Customer Service 51 - Labor 92,747 205,800 - 205,800 52 - Temporary Labor - - - - 53 - Overtime 1,244 2,100 - 2,100 56 - Benefits 58,799 97,500 - 97,500 62 - Materials and Supplies 253 2,100 - 2,100 63 - Contract Services 167,142 301,200 - 301,200 64 - Utilities 27,469 48,300 - 48,300 65 - Professional Development 613 4,800 - 4,800 67 - Other - 1,800 - 1,800 TOTAL 348,267 663,600 - 663,600 0.00% Program: 3400 - Meter Services 51 - Labor - - - - 53 - Overtime - - - - 56 - Benefits - - - - 62 - Materials and Supplies - - - - 63 - Contract Services - - - - 64 - Utilities - - - - 65 - Professional Development - - - - TOTAL - - - - 0.00% Page 7 of 20 WASTEWATER FUND FY 2024-25 MID-YEAR BUDGET REVIEW JULY 1, 2024 - DECEMBER 31, 2024 YTD ACTIVITY FY 2024-25 BUDGET BUDGET ADJUSTMENT FY 2024-25 PROJECTED % CHANGE Program: 4000 - Engineering 51 - Labor 83,577 197,400 - 197,400 52 - Temporary Labor - - 43,500 43,500 53 - Overtime - - - - 56 - Benefits 19,378 46,200 - 46,200 62 - Materials and Supplies 77 1,800 - 1,800 63 - Contract Services 7,471 117,900 (60,000) 57,900 64 - Utilities 21,781 29,400 - 29,400 65 - Professional Development 2,587 3,600 1,500 5,100 TOTAL 134,871 396,300 (15,000) 381,300 -3.79% Program: 5000 - Water Production 51 - Labor - - - - 53 - Overtime - - - - 54 - Standby - - - - 56 - Benefits - - - - 61 - Water Supply - - - - 62 - Materials and Supplies - - - - 63 - Contract Services - - - - 64 - Utilities - - - - 65 - Professional Development - - - - TOTAL - - - - 0.00% Program: 5100 - Water Treatment 51 - Labor - - - - 53 - Overtime - - - - 56 - Benefits - - - - 62 - Materials and Supplies - - - - 63 - Contract Services - - - - 64 - Utilities - - - - TOTAL - - - - 0.00% Program: 5200 - Water Quality 51 - Labor - - - - 53 - Overtime - - - - 56 - Benefits - - - - 62 - Materials and Supplies - - - - 63 - Contract Services - - - - 64 - Utilities - - - - 65 - Professional Development - - - - TOTAL - - - - 0.00% Program: 6000 - Maintenance Administration 51 - Labor 10,506 21,800 - 21,800 52 - Temporary Labor - - - - 53 - Overtime 50 200 - 200 54 - Standby 2,003 2,000 2,500 4,500 56 - Benefits 8,124 13,200 - 13,200 62 - Materials and Supplies - 300 - 300 63 - Contract Services 352 200 100 300 64 - Utilities 1,462 4,100 (100) 4,000 65 - Professional Development 1,462 2,300 - 2,300 67 - Other - - - - TOTAL 23,959 44,100 2,500 46,600 5.67% Page 8 of 20 WASTEWATER FUND FY 2024-25 MID-YEAR BUDGET REVIEW JULY 1, 2024 - DECEMBER 31, 2024 YTD ACTIVITY FY 2024-25 BUDGET BUDGET ADJUSTMENT FY 2024-25 PROJECTED % CHANGE Program: 6100 - Water Maintenance 51 - Labor - - - - 53 - Overtime - - - - 56 - Benefits - - - - 62 - Materials and Supplies - - - - 63 - Contract Services - - - - 64 - Utilities - - - - TOTAL - - - - 0.00% Program: 6200 - Wastewater Collection 51 - Labor 163,946 396,000 - 396,000 53 - Overtime 6,588 9,000 - 9,000 56 - Benefits 87,217 177,000 - 177,000 62 - Materials and Supplies 17,830 37,250 5,000 42,250 63 - Contract Services 154,626 343,000 (5,250) 337,750 64 - Utilities - - - - 65 - Professional Development 80 - - - TOTAL 430,287 962,250 (250) 962,000 -0.03% Program: 6300 - Water Reclamation 51 - Labor - - - - 52 - Temporary Labor - - - - 53 - Overtime - - - - 54 - Standby - - - - 56 - Benefits - - - - 62 - Materials and Supplies - - - - 63 - Contract Services - - - - 64 - Utilities - - - - 65 - Professional Development - - - - TOTAL - - - - 0.00% Program: 7000 - Facilities Maintenance 51 - Labor 31,553 91,200 - 91,200 53 - Overtime 1,507 4,200 - 4,200 56 - Benefits 24,263 48,600 - 48,600 62 - Materials and Supplies 19,754 18,000 - 18,000 63 - Contract Services 236,974 373,800 - 373,800 64 - Utilities 44,701 117,900 - 117,900 65 - Professional Development 22 900 - 900 TOTAL 358,774 654,600 - 654,600 0.00% Program: 7100 - Fleet Maintenance 51 - Labor 14,912 31,500 - 31,500 53 - Overtime 1,669 900 - 900 56 - Benefits 5,379 9,600 - 9,600 62 - Materials and Supplies 24,421 54,000 - 54,000 63 - Contract Services 56,219 90,300 - 90,300 64 - Utilities 29,881 84,300 - 84,300 65 - Professional Development 87 1,200 - 1,200 TOTAL 132,568 271,800 - 271,800 0.00% TOTAL OPERATING EXPENSES 2,994,385 6,006,000 (30,900) 5,975,100 -0.51% Page 9 of 20 WASTEWATER FUND FY 2024-25 MID-YEAR BUDGET REVIEW JULY 1, 2024 - DECEMBER 31, 2024 YTD ACTIVITY FY 2024-25 BUDGET BUDGET ADJUSTMENT FY 2024-25 PROJECTED % CHANGE Other Expenses 71 - Debt Service 48,853 482,000 - 482,000 81 - Capital Improvement - - - - 82 - Capital Outlay 53,922 242,000 (83,000) 159,000 88 - Transfers To (From) Reserves - - 113,900 113,900 TOTAL 102,775 724,000 30,900 754,900 4.27% NET 1,056,865 - - - Page 10 of 20 WATER RECLAMATION FUND FY 2024-25 MID-YEAR BUDGET REVIEW JULY 1, 2024 - DECEMBER 31, 2024 YTD ACTIVITY FY 2024-25 BUDGET BUDGET ADJUSTMENT FY 2024-25 PROJECTED % CHANGE Program: 0000 - Undesignated 41 - Water Sales 612,079 1,072,000 100,000 1,172,000 9.33% 43 - Penalties - 60,000 - 60,000 45 - Wastewater Treatment Charges 6,409,952 12,233,000 100,000 12,333,000 46 - Other Operating Revenue 959,336 2,058,000 (1,048,000) 1,010,000 47 - Non Operating Revenue 48,344 280,000 - 280,000 TOTAL 8,029,711 15,703,000 (848,000) 14,855,000 -5.40% Program: 1000 - Governing Board 51 - Labor - - - - 56 - Benefits - - - - 62 - Materials and Supplies - - - - 63 - Contract Services - - - - 65 - Professional Development - - - - TOTAL - - - - 0.00% Program: 2000 - General Administration 51 - Labor - - - - 52 - Temporary Labor - - - - 53 - Overtime - - - - 56 - Benefits - - - - 62 - Materials and Supplies - - - - 63 - Contract Services - - - - 64 - Utilities - - - - 65 - Professional Development - - - - TOTAL - - - - 0.00% Program: 2100 - Human Resources 51 - Labor - - - - 52 - Temporary Labor - - - - 53 - Overtime - - - - 56 - Benefits - - - - 62 - Materials and Supplies - - - - 63 - Contract Services - - - - 64 - Utilities - - - - 65 - Professional Development - - - - 67 - Other - - - - TOTAL - - - - 0.00% Program: 2200 - Public Affairs 51 - Labor - - - - 52 - Temporary Labor - - - - 53 - Overtime - - - - 56 - Benefits - - - - 62 - Materials and Supplies - - - - 63 - Contract Services - - - - 64 - Utilities - - - - 65 - Professional Development - - - - TOTAL - - - - 0.00% Page 11 of 20 WATER RECLAMATION FUND FY 2024-25 MID-YEAR BUDGET REVIEW JULY 1, 2024 - DECEMBER 31, 2024 YTD ACTIVITY FY 2024-25 BUDGET BUDGET ADJUSTMENT FY 2024-25 PROJECTED % CHANGE Program: 2300 - Conservation 51 - Labor - - - - 52 - Temporary Labor - - - - 53 - Overtime - - - - 56 - Benefits - - - - 62 - Materials and Supplies - - - - 63 - Contract Services - - - - 64 - Utilities - - - - 65 - Professional Development - - - - 67 - Other - - - - TOTAL - - - - 0.00% Program: 3000 - Finance & Accounting 51 - Labor - - - - 52 - Temporary Labor - - - - 53 - Overtime - - - - 56 - Benefits - - - - 62 - Materials and Supplies - - - - 63 - Contract Services - - - - 64 - Utilities - - - - 65 - Professional Development - - - - 67 - Other - - - - TOTAL - - - - 0.00% Program: 3200 - Information Technology 51 - Labor - - - - 52 - Temporary Labor - - - - 53 - Overtime - - - - 56 - Benefits - - - - 62 - Materials and Supplies - - - - 63 - Contract Services - - - - 64 - Utilities - - - - 65 - Professional Development - - - - TOTAL - - - - 0.00% Program: 3300 - Customer Service 51 - Labor - - - - 52 - Temporary Labor - - - - 53 - Overtime - - - - 56 - Benefits - - - - 62 - Materials and Supplies - - - - 63 - Contract Services - - - - 64 - Utilities - - - - 65 - Professional Development - - - - 67 - Other - - - - TOTAL - - - - 0.00% Program: 3400 - Meter Services 51 - Labor - - - - 53 - Overtime - - - - 56 - Benefits - - - - 62 - Materials and Supplies - - - - 63 - Contract Services - - - - 64 - Utilities - - - - 65 - Professional Development - - - - TOTAL - - - - 0.00% Page 12 of 20 WATER RECLAMATION FUND FY 2024-25 MID-YEAR BUDGET REVIEW JULY 1, 2024 - DECEMBER 31, 2024 YTD ACTIVITY FY 2024-25 BUDGET BUDGET ADJUSTMENT FY 2024-25 PROJECTED % CHANGE Program: 4000 - Engineering 51 - Labor - - - - 52 - Temporary Labor - - - - 53 - Overtime - - - - 56 - Benefits - - - - 62 - Materials and Supplies - - - - 63 - Contract Services - - - - 64 - Utilities - - - - 65 - Professional Development - - - - TOTAL - - - - 0.00% Program: 5000 - Water Production 51 - Labor - - - - 53 - Overtime - - - - 54 - Standby - - - - 56 - Benefits - - - - 61 - Water Supply - - - - 62 - Materials and Supplies - - - - 63 - Contract Services - - - - 64 - Utilities - - - - 65 - Professional Development - - - - TOTAL - - - - 0.00% Program: 5100 - Water Treatment 51 - Labor - - - - 53 - Overtime - - - - 56 - Benefits - - - - 62 - Materials and Supplies - - - - 63 - Contract Services - - - - 64 - Utilities - - - - TOTAL - - - - 0.00% Program: 5200 - Water Quality 51 - Labor - - - - 53 - Overtime - - - - 56 - Benefits - - - - 62 - Materials and Supplies - - - - 63 - Contract Services - - - - 64 - Utilities - - - - 65 - Professional Development - - - - TOTAL - - - - 0.00% Program: 6000 - Maintenance Administration 51 - Labor - - - - 52 - Temporary Labor - - - - 53 - Overtime - - - - 54 - Standby - - - - 56 - Benefits - - - - 62 - Materials and Supplies - - - - 63 - Contract Services - - - - 64 - Utilities - - - - 65 - Professional Development - - - - 67 - Other - - - - TOTAL - - - - 0.00% Page 13 of 20 WATER RECLAMATION FUND FY 2024-25 MID-YEAR BUDGET REVIEW JULY 1, 2024 - DECEMBER 31, 2024 YTD ACTIVITY FY 2024-25 BUDGET BUDGET ADJUSTMENT FY 2024-25 PROJECTED % CHANGE Program: 6100 - Water Maintenance 51 - Labor - - - - 53 - Overtime - - - - 56 - Benefits - - - - 62 - Materials and Supplies - - - - 63 - Contract Services - - - - 64 - Utilities - - - - TOTAL - - - - 0.00% Program: 6200 - Wastewater Collection 51 - Labor - - - - 53 - Overtime - - - - 56 - Benefits - - - - 62 - Materials and Supplies - - - - 63 - Contract Services - - - - 64 - Utilities - - - - 65 - Professional Development - - - - TOTAL - - - - 0.00% Program: 6300 - Water Reclamation 51 - Labor 443,061 1,071,000 (71,000) 1,000,000 52 - Temporary Labor 12,589 - 143,000 143,000 53 - Overtime 161,532 125,000 185,000 310,000 54 - Standby 37,145 55,000 10,000 65,000 56 - Benefits 273,726 481,000 (33,000) 448,000 62 - Materials and Supplies 615,142 787,000 (452,000) 335,000 63 - Contract Services 1,973,188 3,379,000 2,564,000 5,943,000 64 - Utilities 1,688,954 1,821,000 660,000 2,481,000 65 - Professional Development 6,880 20,000 (8,000) 12,000 TOTAL 5,212,217 7,739,000 2,998,000 10,737,000 38.74% Program: 7000 - Facilities Maintenance 51 - Labor - - - - 53 - Overtime - - - - 56 - Benefits - - - - 62 - Materials and Supplies - - - - 63 - Contract Services - - - - 64 - Utilities - - - - 65 - Professional Development - - - - TOTAL - - - - 0.00% Program: 7100 - Fleet Maintenance 51 - Labor - - - - 53 - Overtime - - - - 56 - Benefits - - - - 62 - Materials and Supplies - - - - 63 - Contract Services - - - - 64 - Utilities - - - - 65 - Professional Development - - - - TOTAL - - - - 0.00% TOTAL OPERATING EXPENSES 5,212,217 7,739,000 2,998,000 10,737,000 38.74% Page 14 of 20 WATER RECLAMATION FUND FY 2024-25 MID-YEAR BUDGET REVIEW JULY 1, 2024 - DECEMBER 31, 2024 YTD ACTIVITY FY 2024-25 BUDGET BUDGET ADJUSTMENT FY 2024-25 PROJECTED % CHANGE Other Expenses 71 - Debt Service 2,958,548 7,731,000 - 7,731,000 81 - Capital Improvement - 150,000 (150,000) - 82 - Capital Outlay 16,438 83,000 (2,000) 81,000 88 - Transfers To (From) Reserves - - (3,694,000) (3,694,000) TOTAL 2,974,986 7,964,000 (3,846,000) 4,118,000 -48.29% NET (157,492) - - - Page 15 of 20 ALL FUNDS FY 2024-25 MID-YEAR BUDGET REVIEW JULY 1, 2024 - DECEMBER 31, 2024 YTD ACTIVITY FY 2024-25 BUDGET BUDGET ADJUSTMENT FY 2024-25 PROJECTED % CHANGE Program: 0000 - Undesignated 41 - Water Sales 12,303,056 18,992,000 1,000,000 19,992,000 42 - Meter Charges 5,189,278 10,525,000 160,000 10,685,000 43 - Penalties 320,240 586,000 - 586,000 44 - Wastewater System Charges 3,356,361 6,515,000 - 6,515,000 45 - Wastewater Treatment Charges 6,409,952 12,233,000 100,000 12,333,000 46 - Other Operating Revenue 3,470,705 2,178,000 (798,000) 1,380,000 47 - Non Operating Revenue 662,631 900,000 - 900,000 TOTAL 31,712,223 51,929,000 462,000 52,391,000 0.89% Program: 1000 - Governing Board 51 - Labor 58,861 142,000 - 142,000 56 - Benefits 48,255 90,000 - 90,000 62 - Materials and Supplies - 3,000 - 3,000 63 - Contract Services 3,761 56,000 - 56,000 65 - Professional Development 12,273 35,000 - 35,000 TOTAL 123,150 326,000 - 326,000 0.00% Program: 2000 - General Administration 51 - Labor 302,112 621,000 - 621,000 52 - Temporary Labor 13,362 30,000 - 30,000 53 - Overtime 1,881 4,000 - 4,000 56 - Benefits 158,614 267,000 - 267,000 62 - Materials and Supplies 635 6,000 - 6,000 63 - Contract Services 85,108 216,000 (30,000) 186,000 64 - Utilities 1,954 4,000 - 4,000 65 - Professional Development 79,681 154,000 - 154,000 TOTAL 643,347 1,302,000 (30,000) 1,272,000 -2.30% Program: 2100 - Human Resources 51 - Labor 156,262 353,000 - 353,000 52 - Temporary Labor - - - - 53 - Overtime 929 3,000 - 3,000 56 - Benefits 142,452 214,000 - 214,000 62 - Materials and Supplies 632 5,000 - 5,000 63 - Contract Services 73,547 336,000 6,000 342,000 64 - Utilities 562 2,000 - 2,000 65 - Professional Development 26,575 59,000 1,000 60,000 67 - Other 2,300,238 2,643,000 (42,000) 2,601,000 TOTAL 2,701,197 3,615,000 (35,000) 3,580,000 -0.97% Program: 2200 - Public Affairs 51 - Labor 191,361 517,000 - 517,000 52 - Temporary Labor - - - - 53 - Overtime 5,267 17,000 - 17,000 56 - Benefits 80,223 153,000 - 153,000 62 - Materials and Supplies 16,024 96,000 - 96,000 63 - Contract Services 247,173 633,000 - 633,000 64 - Utilities 2,192 35,000 - 35,000 65 - Professional Development 22,174 62,000 - 62,000 TOTAL 564,414 1,513,000 - 1,513,000 0.00% Page 16 of 20 ALL FUNDS FY 2024-25 MID-YEAR BUDGET REVIEW JULY 1, 2024 - DECEMBER 31, 2024 YTD ACTIVITY FY 2024-25 BUDGET BUDGET ADJUSTMENT FY 2024-25 PROJECTED % CHANGE Program: 2300 - Conservation 51 - Labor 54,606 123,000 - 123,000 52 - Temporary Labor - - - - 53 - Overtime 2,890 7,000 - 7,000 56 - Benefits 18,958 44,000 - 44,000 62 - Materials and Supplies 27,585 63,000 - 63,000 63 - Contract Services 74,207 291,000 (20,000) 271,000 64 - Utilities 8,029 26,000 - 26,000 65 - Professional Development 3,649 12,000 - 12,000 67 - Other 50,367 85,000 - 85,000 TOTAL 240,291 651,000 (20,000) 631,000 -3.07% Program: 3000 - Finance & Accounting 51 - Labor 361,508 823,000 - 823,000 52 - Temporary Labor - - - - 53 - Overtime 5,537 13,000 - 13,000 56 - Benefits 236,860 383,000 - 383,000 62 - Materials and Supplies 6,807 6,000 1,000 7,000 63 - Contract Services 99,743 139,500 20,500 160,000 64 - Utilities 967 4,000 - 4,000 65 - Professional Development 14,562 29,000 - 29,000 67 - Other - - - - TOTAL 725,984 1,397,500 21,500 1,419,000 1.54% Program: 3200 - Information Technology 51 - Labor 217,547 487,000 - 487,000 52 - Temporary Labor - 17,000 (17,000) - 53 - Overtime - - - - 56 - Benefits 205,445 280,000 - 280,000 62 - Materials and Supplies 51,064 85,000 - 85,000 63 - Contract Services 545,077 1,005,000 - 1,005,000 64 - Utilities 10,396 12,000 - 12,000 65 - Professional Development 126 5,000 - 5,000 TOTAL 1,029,655 1,891,000 (17,000) 1,874,000 -0.90% Program: 3300 - Customer Service 51 - Labor 307,357 686,000 - 686,000 52 - Temporary Labor - - - - 53 - Overtime 4,146 7,000 - 7,000 56 - Benefits 195,975 325,000 - 325,000 62 - Materials and Supplies 844 7,000 - 7,000 63 - Contract Services 557,139 1,004,000 - 1,004,000 64 - Utilities 94,762 161,000 - 161,000 65 - Professional Development 2,043 16,000 - 16,000 67 - Other 3,973 6,000 - 6,000 TOTAL 1,166,239 2,212,000 - 2,212,000 0.00% Program: 3400 - Meter Services 51 - Labor 82,258 181,000 - 181,000 53 - Overtime 1,574 6,000 - 6,000 56 - Benefits 59,703 104,000 - 104,000 62 - Materials and Supplies - 4,000 - 4,000 63 - Contract Services 6,390 7,000 1,000 8,000 64 - Utilities 1,429 2,000 1,000 3,000 65 - Professional Development - - - - TOTAL 151,354 304,000 2,000 306,000 0.66% Page 17 of 20 ALL FUNDS FY 2024-25 MID-YEAR BUDGET REVIEW JULY 1, 2024 - DECEMBER 31, 2024 YTD ACTIVITY FY 2024-25 BUDGET BUDGET ADJUSTMENT FY 2024-25 PROJECTED % CHANGE Program: 4000 - Engineering 51 - Labor 279,590 658,000 - 658,000 52 - Temporary Labor - - 145,000 145,000 53 - Overtime - - - - 56 - Benefits 64,564 154,000 - 154,000 62 - Materials and Supplies 257 6,000 - 6,000 63 - Contract Services 28,774 393,000 (200,000) 193,000 64 - Utilities 39,352 98,000 (35,000) 63,000 65 - Professional Development 8,624 12,000 5,000 17,000 TOTAL 421,161 1,321,000 (85,000) 1,236,000 -6.43% Program: 5000 - Water Production 51 - Labor 383,692 884,000 - 884,000 53 - Overtime 42,330 92,000 - 92,000 54 - Standby 17,580 47,000 - 47,000 56 - Benefits 239,999 396,000 - 396,000 61 - Water Supply 137,969 833,000 - 833,000 62 - Materials and Supplies 126,607 288,000 - 288,000 63 - Contract Services 321,980 535,000 - 535,000 64 - Utilities 1,268,031 3,099,000 - 3,099,000 65 - Professional Development 2,235 11,000 - 11,000 TOTAL 2,540,423 6,185,000 - 6,185,000 0.00% Program: 5100 - Water Treatment 51 - Labor 133,202 304,000 - 304,000 53 - Overtime 10,272 39,000 - 39,000 56 - Benefits 125,213 179,000 - 179,000 62 - Materials and Supplies 206,240 200,000 80,000 280,000 63 - Contract Services 132,792 664,000 (100,000) 564,000 64 - Utilities 103,543 243,000 - 243,000 TOTAL 711,262 1,629,000 (20,000) 1,609,000 -1.23% Program: 5200 - Water Quality 51 - Labor 98,753 279,000 - 279,000 53 - Overtime 960 12,000 - 12,000 56 - Benefits 64,699 102,000 - 102,000 62 - Materials and Supplies 9,699 25,000 - 25,000 63 - Contract Services 79,823 178,000 - 178,000 64 - Utilities 193 2,000 - 2,000 65 - Professional Development 1,236 7,000 (3,000) 4,000 TOTAL 255,363 605,000 (3,000) 602,000 -0.50% Program: 6000 - Maintenance Administration 51 - Labor 100,681 218,000 - 218,000 52 - Temporary Labor - - - - 53 - Overtime 503 2,000 - 2,000 54 - Standby 22,745 20,000 25,000 45,000 56 - Benefits 81,387 132,000 - 132,000 62 - Materials and Supplies 145 3,000 - 3,000 63 - Contract Services 1,556 2,000 1,000 3,000 64 - Utilities 14,624 41,000 (1,000) 40,000 65 - Professional Development 7,621 23,000 - 23,000 67 - Other (4,229) - - - TOTAL 225,033 441,000 25,000 466,000 5.67% Page 18 of 20 ALL FUNDS FY 2024-25 MID-YEAR BUDGET REVIEW JULY 1, 2024 - DECEMBER 31, 2024 YTD ACTIVITY FY 2024-25 BUDGET BUDGET ADJUSTMENT FY 2024-25 PROJECTED % CHANGE Program: 6100 - Water Maintenance 51 - Labor 534,950 1,280,000 - 1,280,000 53 - Overtime 195,534 219,000 216,000 435,000 56 - Benefits 384,816 630,000 - 630,000 62 - Materials and Supplies 433,172 947,000 - 947,000 63 - Contract Services 251,656 635,250 (250) 635,000 64 - Utilities 1 - - - TOTAL 1,800,129 3,711,250 215,750 3,927,000 5.81% Program: 6200 - Wastewater Collection 51 - Labor 163,946 396,000 - 396,000 53 - Overtime 6,588 9,000 - 9,000 56 - Benefits 87,217 177,000 - 177,000 62 - Materials and Supplies 17,830 37,250 5,000 42,250 63 - Contract Services 154,626 343,000 (5,250) 337,750 64 - Utilities - - - - 65 - Professional Development 80 - - - TOTAL 430,287 962,250 (250) 962,000 -0.03% Program: 6300 - Water Reclamation 51 - Labor 443,061 1,071,000 (71,000) 1,000,000 52 - Temporary Labor 12,589 - 143,000 143,000 53 - Overtime 161,532 125,000 185,000 310,000 54 - Standby 37,145 55,000 10,000 65,000 56 - Benefits 273,726 481,000 (33,000) 448,000 62 - Materials and Supplies 615,142 787,000 (452,000) 335,000 63 - Contract Services 1,973,188 3,379,000 2,564,000 5,943,000 64 - Utilities 1,688,954 1,821,000 660,000 2,481,000 65 - Professional Development 6,880 20,000 (8,000) 12,000 TOTAL 5,212,217 7,739,000 2,998,000 10,737,000 38.74% Program: 7000 - Facilities Maintenance 51 - Labor 105,554 304,000 - 304,000 53 - Overtime 5,022 14,000 - 14,000 56 - Benefits 80,737 162,000 - 162,000 62 - Materials and Supplies 51,622 60,000 - 60,000 63 - Contract Services 867,215 1,246,000 - 1,246,000 64 - Utilities 202,890 393,000 - 393,000 65 - Professional Development 646 3,000 - 3,000 TOTAL 1,313,686 2,182,000 - 2,182,000 0.00% Program: 7100 - Fleet Maintenance 51 - Labor 50,370 105,000 - 105,000 53 - Overtime 5,564 3,000 - 3,000 56 - Benefits 18,086 32,000 - 32,000 62 - Materials and Supplies 81,481 180,000 - 180,000 63 - Contract Services 187,398 301,000 - 301,000 64 - Utilities 99,603 281,000 - 281,000 65 - Professional Development 291 4,000 - 4,000 TOTAL 442,793 906,000 - 906,000 0.00% TOTAL OPERATING EXPENSES 20,697,985 38,893,000 3,052,000 41,945,000 7.85% Page 19 of 20 ALL FUNDS FY 2024-25 MID-YEAR BUDGET REVIEW JULY 1, 2024 - DECEMBER 31, 2024 YTD ACTIVITY FY 2024-25 BUDGET BUDGET ADJUSTMENT FY 2024-25 PROJECTED % CHANGE Other Expenses 71 - Debt Service 3,414,699 10,875,000 - 10,875,000 81 - Capital Improvement 289,251 708,000 620,000 1,328,000 82 - Capital Outlay 397,350 1,453,000 (310,000) 1,143,000 88 - Transfers To (From) Reserves - - (2,900,000) (2,900,000) TOTAL 4,101,300 13,036,000 (2,590,000) 10,446,000 -19.87% NET 6,912,938 - - - Page 20 of 20 EAST VALLEY WATER DISTRICT CAPITAL BUDGET - MID YEAR ADJUSTMENTS FY 2024-25 WATER WASTEWATER RECLAMATION GRANTS /TOTAL WATER WASTEWATER RECLAMATION OPERATING OPERATING OPERATING CAPACITY FEE /LOW INTEREST ADOPTED OPERATING OPERATING OPERATING CAPACITY FEE /ADJ PROJECT PROJECT REVENUE REVENUE REVENUE RESERVES LOANS BUDGET REVENUE REVENUE REVENUE RESERVES TOTAL CAPITAL OUTLAY Emergency Plan Updates $100,000 $50,000 $-$-$-$150,000 $(100,000)$(50,000)$-$-$- Website Redesign 100,000 50,000 ---150,000 ----150,000 Hardware Replacements (PCs, Laptops, Phones)35,000 ----35,000 9,000 ---44,000 Phone System 70,000 30,000 ---100,000 (17,000)(7,000)--76,000 District HQ Cameras & Fencing 189,000 81,000 ---270,000 (47,000)(20,000)--203,000 Engineering Plotter 14,000 6,000 ---20,000 (14,000)(6,000)--- Upper Santa Ana River HCP 160,000 ----160,000 ----160,000 SCADA Radios 50,000 25,000 ---75,000 ----75,000 Plant 134 Turbidity & Clean In Place Equipment 150,000 ----150,000 14,000 ---164,000 Sourcewater Assessments 150,000 ----150,000 (57,000)---93,000 Salt Mitigation Feasibility Study --65,000 --65,000 ----65,000 Plant 39 Forklift; SNRC Golf Cart 80,000 -18,000 --98,000 (2,000)-(2,000)-94,000 Trailer Mounted Pump 30,000 ----30,000 (11,000)---19,000 TOTAL CAPITAL OUTLAY 1,128,000 242,000 83,000 --1,453,000 (225,000)(83,000)(2,000)-1,143,000 CAPITAL IMPROVEMENT PROGRAM WATER CIP Meter Replacement Program 150,000 ----150,000 ----150,000 Tank/Reservoir Rehabilitation ---1,000,000 -1,000,000 ----1,000,000 Plant 101 - Hydro Tank Rehabilitation ---900,000 -900,000 ---160,000 1,060,000 North Fork Pipeline Rehabilitation 100,000 ----100,000 ----100,000 Reservoir Seismic Retrofits ----660,000 660,000 ----660,000 Plant 129 Well Design & Construction ---3,000,000 -3,000,000 ---(1,500,000)1,500,000 Water Main Rehabilitation - Elmwood Rd & Dogwood St ---300,000 -300,000 ---22,000 322,000 Facility Relocations 100,000 ----100,000 950,000 ---1,050,000 Facility Rehabilitations 208,000 --142,000 -350,000 (180,000)---170,000 Plant 39 Warehouse Building ---380,000 -380,000 ---(100,000)280,000 Gate Valve Replacement Program ---300,000 -300,000 ----300,000 Water Subtotal 558,000 --6,022,000 660,000 7,240,000 770,000 ---(1,418,000)-6,592,000 WATER RECLAMATION CIP Additional Membrane Bio-Reactor - Phase I ---------2,560,000 2,560,000 Weaver Basins Emergency Storage Pumping Improvements --150,000 --150,000 --(150,000)-- ----------- Water Reclamation Subtotal --150,000 --150,000 --(150,000)2,560,000 2,560,000 TOTAL CAPITAL IMPROVEMENT PROGRAM $558,000 $-$150,000 $6,022,000 $660,000 $7,390,000 $770,000 $-$(150,000)$1,142,000 $9,152,000 TOTAL PROPOSED ADJUSTMENTS $545,000 $(83,000)$(152,000)$1,142,000 1 2 3 4 5 6 0 20 40 60 80 100 120 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Cu b i c F e e t P e r S e c o n d Current Water Year (2025)Average (2010-Current) 5.7 86% Full (4.9 mAF) 4.7 0 1 2 3 4 5 6 Mi l l i o n A c r e F e e t Capacity Current Storage Last Year 3.4 76% Full (2.6 mAF) 1.9 0 1 2 3 4 Mi l l i o n A c r e F e e t Capacity Current Storage Last Year Water Supply Update Groundwater Bunker Hill Basin Storage Imported Water Lake Oroville Total Storage Surface Water Santa Ana River Total Inflow Current Water Shortage Stage Updated: 2/18/2025 20% 0 5 10 15 20 OCT JAN APR JUL In c h e s Big Bear State Water Project Current Table A Allocation 0 5 10 15 Oct Jan Apr Jul In c h e s 0 10 20 30 40 50 60 Oct Jan Apr Jul In c h e s Highland Norther Sierra 8-Station DroughtPrecipitation Updated: 2/18/2025