Page 30 - Yucaipa Valley Water District Board Workshop

Workshop Memorandum No. 13-156 Page 4 of 31

Financial Account Information
[Detailed information can be found on pages 13 to 16 of 31]

The District currently deposits all revenue received into the Deposit Checking account. The
General Checking account is used as a sole processing account for all District checks and
electronic payroll. The Investment Checking account is used for the purchase and redemption
of US treasury notes and bills and for the transfer of LAIF funds. The US treasury notes and
bills are booked at cost.

The LAIF investment account is a pooled money account administered by the State of
California. Additional information on the LAIF account is provided below in the investment
summary report.

Investment Summary
[Detailed information can be found on pages 17 to 18 of 31]

The investment summary report illustrates the District's investments in US treasury notes and
bills in addition to the investments held by the Local Agency Investment Fund or LAIF. The
yields for the treasury notes and bills are provided for each individual transaction. The historical
annual yield for funds invested with LAIF is also provided.

Separate pooled money investment reports prepared by the State of California are maintained
by the District and available for review.

Monthly Revenue Allocation
[Detailed information can be found on pages 19 to 21 of 31]

During the month of August 2013 the District received a sum total of $2,053,884.81 in revenues
from the following categories:
• A total of $1,909,763.84 was received from 14,333 customers for utility bill payments. This
is the total amount of utility bill payments received from water, sewer and recycled services.
• A total of $5,665.50 was received for construction meter deposits, customer deposits and
internet fee payments.
• A total of $32,365.47 was received from miscellaneous water related activities (other than
utility bill charges).
• A total of $106,090.00 was received from miscellaneous sewer related activities (other than
utility bill charges). This includes $106,090.00 received for 2 SRF draws (WISE & R-10.3)
• A total of $0.00 was received from miscellaneous recycled related activities (other than
utility bill charges).

Fiscal Year 2014 Budget Status
[Detailed information can be found on pages 22 to 31 of 31]

The revenue and expense budget status for the 2014 Fiscal Year is provided for your review.

Yucaipa Valley Water District Board Workshop - September 10, 2013 - Page 30 of 84