Page 53 - Yucaipa Valley Water District - Board Workshop

Financial Account Information

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.

Monthly Revenue Allocation:

Funding Source Total
Utility Bill Payments $ 1,998,658.12
Deposits $ 120.00
Misc. Water Related Activities $ 291,598.12
Misc. Sewer Related Activities $ 216,633.58
Misc. Recycled Related Activities $ 267,715.43
Total $ 2,774,725.25

Monthly Revenue Allocation

$2,700,000
$2,400,000
$2,100,000
$1,800,000
$1,500,000
$1,200,000
$900,000
$600,000
$300,000
$-
Utility Bill Payments Deposits Misc Water Misc Sewer Misc Recycled
2016-17 November 2017-18 November 2018-19 November

Summary of Utility Bill Payments:

Payment Method Number of % of Total
Payments Received
Mail/Counter 5,213 33.64%
Payment Center 151 0.97%
Credit Card 1,101 7.10%
Electronic Rapid Pay 3,768 24.31%
Web Site 2,129 13.74%
ACH Auto Pay 3,135 20.23%
Total 15,497 100.00%

Yucaipa Valley Water District - December 11, 2018 - Page 52 of 111