Financial Information

District Finance 101 | Budget | Audited Financial Statements
Financial Transaction Report - State Controller's Office Financial Reserves Policy

Finance 101

Presentation from February 2017 Board of Director's Meeting

Where did we come from? Where are we? and Where are we Headed?

 

Budget

The District's budget provides the year's workplan. Funding details for annual programs and capital projects are included in the budget.

2018-19

2018-19 Budget & CIP
2018-19 Strategic Plan

2017-18

2016-17

2015-16

2014-15

2013-14

Audited Financial Statements

The past audited financial statements are listed below. Annually, the District hires an outside firm to audit the District's financial records.

Financial Transaction Report

The State of California requires all cities, counties and special districts to file a Financial Transaction Report with the State Controllers Office.  

Click here and then type "North Tahoe Public Utility District" to explore either Revenues or Expenditures.  There are endless options to drill down into the data once you start the search!  

Financial Reserves Policy

The District shall maintain reserve funds from existing unrestricted funds as designated by the Finance Reserve Policy. This policy establishes the procedure and level of reserve funding to achieve the following specific goals:

a)     Fund capital improvements; and

b)     Maintain minimal operational sustainability in periods of emergency or economic uncertainty.

The District shall account for reserves as required by Governmental Accounting Standards Board Statement No. 54, which distinguishes reserves as among these classes: non-spendable, restricted, committed, assigned and unassigned. The reserves stated by this policy, unless otherwise required by law, contract, or District policy shall be deemed “assigned” reserves.

Click here for the Financial Reserves Policy