For the month ending October 31, 2016, staff is presenting Budget to Actual Statements for the District as a whole, as well as for the individual Water and Sewer Funds.
As reported through October 31, 2016, Total Water Operating Revenue, as presented, is 40.21% of annual budget. Variable Water Costs are 40.21% of annual budget. The majority of the Water Fund’s individual Supplies and Services expenses are below budget with the exceptions of Dues & Memberships and Utilities due to the previous month reported reasons. In addition, Materials are at 39.44% of annual budget due to purchases pertaining to replacement meters, replacement MXU(s), water service repair parts, and hydrant repair parts. Other Expenses for the Water Fund are at 59.2% of annual budget due to credits in the amount of $23,320 being issued to customers to offset Administrative Penalty assessments for the mandated irrigation of fire zones.
Total Sewer Operating Revenue is 31.72% of annual budget. Other Non-Operating Revenue is 491% of the annual budget due to the District receiving a check in the amount of $62,160 from the City of Yorba Linda as a result of reconciling a Property Tax Revenue account in relation to the 2011 City Sewer Transfer Agreement between YLWD and the City of Yorba Linda.