Page 19 - Yucaipa Valley Water District
P. 19
Director Memorandum 17-041
Date: May 16, 2017
Prepared By: Allison M. Edmisten, Chief Financial Officer
Peggy Little, Administrative Supervisor
Subject: Presentation of the Unaudited Financial Report for the Period Ending on
April 30, 2017
Recommendation: That the Board receives and files the unaudited financial report.
The following unaudited financial report has been prepared by the Administrative Department for
your review. The report has been divided into six sections to clearly disseminate information
pertaining to the financial status of the District. Please remember that the following financial
information has not been audited.
Cash Fund Balance Report
[Detailed information can be found on page 5 to 6 of 30]
The Cash Fund Balance Report provides a summary of how the total amount of funds maintained
by financial institutions is distributed throughout the enterprise and non-enterprise funds of the
District. A summary of the report is as follows:
Operating Restricted Total
Fund Source Funds Funds Funds
Water Division $8,075,563.43 $871,847.15 $8,947,410.58
Sewer Division $12,394,625.56 ($6,681,216.61) $5,713,408.95
Recycled Water Division $1,482,823.20 $519,865.76 $2,002,688.96
Total $21,953,012.19 ($5,289,503.70) $16,663,508.49
Most of the funds reflected in the Cash Fund Balance Report are designated for specific purposes
and are therefore restricted, either by law or by District policy.
Check Register
[Detailed information can be found on pages 7 to 11 of 30]
The check register lists each check processed during the month of April 2017. The District
processed 232 checks during the month of April for a total sum of $1,017,690.04. All checks are
reviewed by District staff for accuracy and completeness, and usually signed by the General
Manager and one Director, but may be signed by two Directors.
The Chief Financial Officer will make any check, invoice or supporting documentation available
for review to any board member upon request.
Yucaipa Valley Water District - May 16, 2017 - Page 17 of 64
