Page 17 - Yucaipa Valley Water District
P. 17
Director Memorandum 19-015
Date: February 5, 2019
Prepared By: Allison M. Edmisten, Chief Financial Officer
Subject: Presentation of Budget Adjustments for Fiscal Year 2018-19
Recommendation: That the Board approves the proposed adjustments to the Fiscal Year
2018-19 operating budget.
The following are adjustments to the 2018-19 Adopted budget based on trending and/or items
that were not anticipated when the initial budget was adopted in June 2018.
For both the water and sewer funds there is an increase in both revenue and expenses as a result
of the water fund eliminating an annual transfer to the sewer fund and the sewer fund service
charge revenue trending higher than initially budgeted. For the recycled fund there is a decrease
in both revenue and expenses as a result of the elimination of the annual transfer from the water
fund mentioned above. After the adjustments, this continues to be a balanced budget.
District staff will continue to do budget adjustments each fiscal year as needed.
Yucaipa Valley Water District - February 5, 2019 - Page 17 of 74
