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File #: 21-1059    Version: 1 Name:
Type: CEO Item Status: Agenda Ready
File created: 9/28/2021 In control: Board of Directors
On agenda: 10/12/2021 Final action:
Title: Fiscal Year 2020-21 Fourth Quarter Financial Status Update.
Attachments: 1. Attachment 1: PowerPoint

BOARD AGENDA MEMORANDUM

 

 

SUBJECT:

Title

Fiscal Year 2020-21 Fourth Quarter Financial Status Update.

 

 

End

RECOMMENDATION:

Recommendation

Receive the Fiscal Year 2020-21 fourth quarter financial status update as of June 30, 2021.

 

 

Body

SUMMARY:

Santa Cara Valley Water District’s (Valley Water) Fiscal Year 2020-21 closed on June 30, 2021. The fourth quarter financial status update presentation (Attachment 1) summarizes cash and investment balances, the debt portfolio and includes a detailed comparison, and analysis, of the budget to actual status of revenues and expenditures for all funds as of June 30, 2021.

 

These financial statements have been prepared by Valley Water for informational purposes only and have not been audited by the external auditor. No party is authorized to disseminate these unaudited financial statements to the State Comptroller or any nationally recognized rating agency, nor are they authorized to post these financial statements on EMMA or any similar financial reporting outlets or redistribute the information without the express written authorization of the Chief Financial Officer of Valley Water. The information herein is not intended to be used by investors or potential investors in considering the purchase or sale of District bonds, notes or other obligations and investors and potential investors should rely only on information filed by Valley Water on the Municipal Securities Rulemaking Board’s Electronic Municipal Market Access System for municipal securities disclosures, maintained on the World Wide Web at <https://emma.msrb.org/>.

 

 

FINANCIAL IMPACT:

There is no financial impact associated with this item.

 

 

CEQA:

The recommended action does not constitute a project under CEQA because it does not have the potential for resulting in direct or reasonably foreseeable indirect physical change in the environment.

 

 

ATTACHMENTS:

Attachment 1:  PowerPoint

 

 

UNCLASSIFIED MANAGER:

Manager

Darin Taylor, 408-630-3068




Notice to Public:

The Santa Clara Valley Water District publishes meeting agendas two Fridays prior to regular meetings, and publishes amended and special meeting agendas one Friday prior. During the process of amending an agenda, individual links to Board Agenda Reports may not be available. In these cases, please reference the “Full Agenda Package” instead.