11/15/18 Board Agenda  

 

 Board Agenda 

Regular Meeting 

Thursday, November 15, 2018 

Camrosa Board Room 5:00 P.M. 

Call to Order   

Public Comments 

 

Consent Agenda 

1. Approve Minutes of the Regular Meeting of October 11, 2018 

2. **Approve Vendor Payments 

Objective:  Approve the payments as presented by Staff. 

Action Required:  Approve accounts payable in the amount of $2,851,687.20. 

General Manager’s Report 

3. **Fiscal Year 2017‐18 Draft Comprehensive Annual Financial Report 

Objective:  Receive briefing from Staff on the Fiscal Year (FY) 2017‐18 Draft Comprehensive Annual Financial Report (CAFR). 

Action Required:  No action necessary; for information only.  

4. **First Quarter Budget Status Report 

Objective:  Receive a report from staff regarding the status of the Fiscal Year (FY) 2018‐19 budget. 

Action Required:  No action necessary; for information only. 

At this time, the public may address the Board on any item not appearing on the agenda which is subject to the jurisdiction of the Board.  Persons wishing to address the Board should fill out a white comment card and submit it to the Board Chairman prior to the meeting.  All comments are subject to a 5 minute time limit. 

Matters appearing on the Consent Agenda are expected to be non‐controversial and will be acted upon by the Board at one time, without discussion, unless a member of Board or the Staff requests an opportunity to address any given item.  Items removed from the Consent Agenda will be discussed at the beginning of the Administrative Items.  Approval by the Board of Consent Items means that the recommendation of the Staff is approved along with the terms and conditions described in the Board Memorandum. 

11/15/18 Board Agenda  

Primary Agenda 

5. **UWMP Amendment 

Objective:  Amend the 2015 Camrosa Water District Urban Water Management Plan (UWMP). 

Action Required:  Adopt the attached Resolution Adopting Amendments to the Camrosa Water District 2015 Urban Water Management Plan.  

6. CamSan Interconnection Recycled Waterline – Metering and Control Facilities, Phase 2 

Objective:  Award a contract for the construction of metering, valving, and controls at Camrosa’s Pond Facilities. 

Action Required:  It is recommended that the Board of Directors authorize the General Manager to award a contract to Travis Agricultural Construction, in the amount of $110,645.00, to construct Phase 2 of the CamSan Interconnection Recycled Waterline.  

7. Shea Homes Residential Community Project (St. John’s Seminary), Tract 5976 

Objective:  Accept all dedicated easements, water rights, and in‐fee parcel (lot 182) for Tract 5976. 

Action Required:  Authorize the General Manager to sign the Shea Homes Residential Community Project Tract Map 5976 and accept all dedicated easements, water rights, and in‐fee parcel (lot 182).  

8. **Resolution Authorizing the President of the Board to Cast a Ballot for Election of a Regular Special District Member and an Alternate Special District Member to the Ventura County LAFCo 

Objective:  Cast a ballot to elect a Regular Special District Member and an Alternate Special District Member to the Ventura County Local Agency Formation Commission (LAFCo). 

Action Required:  Adopt the attached Resolution Authorizing the President of the Board to Cast a Ballot in the Election for a Regular Special District Member and an Alternate Special District Member to the Ventura County LAFCo.  

9. **Board of Directors Meeting Calendar for 2019 

Objective:  Set the Board meeting calendar for 2019. 

Action Required:  Adopt a calendar of regular Board meetings for calendar year 2019.  

Closed Session: During this time, the Board may enter into closed session to confidentially discuss the following item with legal counsel as authorized by Government Code 54956.9. 

 10. Closed Session Conference with Legal Counsel – Anticipated Litigation 

Objective:  To confer with and receive advice from counsel regarding pending litigation. 

Action Required:  No action necessary; for information only.     

  

11/15/18 Board Agenda  

PLEASE NOTE: The Board of Directors may hold a closed session to discuss personnel matters or litigation, pursuant to the attorney/client privilege, as authorized by Government Codes 54957.6 or 54956.9, respectively.  Any of the items that involve pending litigation may require discussion in closed session on the recommendation of the Board’s Legal Counsel. 

Comments by General Manager; Comments by Directors; Adjournment 

Note:    ** indicates agenda items for which a staff report has been prepared or backup information has been provided to the Board.  Copies of the full agenda are available for review at the District Office and on our website at www.camrosa.com. 

Board of Directors

Agenda Packet

November 15, 2018

Agenda Item #1 

 

                 Board Minutes 

Regular Meeting 

Thursday, October 11, 2018 

Camrosa Board Room 5:00 P.M. 

Call to Order  The meeting was convened at 5:00 P.M. 

  Present:  Eugene F. West, President      Jeffrey C. Brown, Director     Al E. Fox, Director     Timothy H. Hoag, Director           

   Staff:  Tony Stafford, General Manager   Eric Garcia, Manager of Operations   Jozi Scholl, Manager of Customer Accounts/Business   Tamara Sexton, Manager of Finance   Kevin Wahl, Superintendent of Operations 

  Greg Jones, Legal Counsel   

Absent:  Terry L. Foreman, Vice‐President 

Public Comments 

None 

Consent Agenda 

1. Approve Minutes of the Regular Meeting of September 27, 2018 

Amendments:  None 

The Board approved the Minutes of the Regular Meeting of September 27, 2018. 

Motion: Hoag  Second: Brown   Motion carried: 4‐0 Yes: Brown/Hoag/Fox/West Absent: Foreman  

2. Approve Vendor Payments 

A summary of accounts payable in the amount of $195,835.87 was provided for Board information and approval. The Board approved the payments to vendors as presented by staff in the amount of $195,835.87. 

Motion: Hoag  Second: Brown   Motion carried: 4‐0 Yes: Brown/Hoag/Fox/West Absent: Foreman  

Agenda Item #1 

3. Raise Valve Stacks 

The Board authorized the General Manager to issue and execute a purchase order, in the amount of $26,780.00, to J&H Engineering to raise 16 valves to grade. 

Motion: Hoag  Second: Brown   Motion carried: 4‐0 Yes: Brown/Hoag/Fox/West Absent: Foreman  

4. Repair Santa Rosa Well #8 Pump 

The Board authorized the General Manager to issue a purchase order to General Pump, for the repair of Santa Rosa Well #8 Pump, in an amount not to exceed $39,728.82. 

Motion: Hoag  Second: Brown   Motion carried: 4‐0 Yes: Brown/Hoag/Fox/West Absent: Foreman  

Primary Agenda 

5. Two Emergency Standby Electrical Generators and Fuel Tanks for the Round Mountain Water Treatment Plant & University Well 

The Board authorized the General Manager to issue a purchase order in an amount not to exceed $334,675.82 (including tax & delivery) to Quinn Power Systems for the purchase of two emergency standby electrical generators, fuel tanks, and appurtenances. 

Motion: Brown  Second: Fox   Motion carried: 4‐0 Yes: Brown/Hoag/Fox/West Absent: Foreman 

Comments by General Manager 

None 

Comments by Directors 

None 

There being no further business, the meeting was adjourned at 5:04 P.M.  

 ____________________________________  ___________________________________ (ATTEST) 

Tony L. Stafford, Secretary/Manager  Eugene F. West, President Board of Directors  Board of Directors Camrosa Water District  Camrosa Water District     

Agenda Item #2

Board Memorandum November 15, 2018 To: General Manager From: Sandra Llamas, Sr. Accountant Subject: Approve Vendor Payments

Objective: Approve the payments as presented by Staff.

Action Required: Approve accounts payable in the amount of $2,851,687.20.

Discussion: A summary of accounts payable is provided for Board information and approval. Payroll 10-1, 10-2 & ME 2018 $ 130,037.63 Accounts Payable 10/04/2018-11/07/18 $2,721,649.57 Total Disbursements $2,851,687.20

__________________________________ Tony L. Stafford, General Manager

DISBURSEMENT APPROVAL

______________________________________________ BOARD MEMBER DATE

______________________________________________ BOARD MEMBER DATE

______________________________________________ BOARD MEMBER DATE

Month of : September-18

Date Statement Vendor Purchase ItemPurchased Date Name Total Description Staff

09/12/18 09/24/18 Famcon $99.74 1" ball valve ands 1" pvc sweeps BB09/10/18 09/24/18 McMaster-Carr $16.22 31/4" hole saw BB09/04/18 09/24/18 Famcon $240.24 2 AMS ball type BB09/04/18 09/24/18 Home Depot $45.64 shop vac hose BB08/24/18 09/24/18 Camarillo Plumbing and Pain $124.10 1" nipples BB08/22/18 09/24/18 Hose man $125.80 Hydrantx2" adapters BB09/13/18 09/24/18 DJs Catering $374.05 Sept. 2018 Safety Lunch DA09/13/18 09/24/18 CVS $4.06 Ice DA09/11/18 09/24/18 Vons $36.30 Beverages for Safety Lunch DA08/29/18 09/24/18 ACWA $699.00 2018 ACWA Fall Conf. Registration (IP) DA08/29/18 09/24/18 ACWA $699.00 2018 ACWA Fall Conf. Registration (CL) DA09/12/18 09/24/18 Smart & Final $38.46 Coffie Cups KW09/10/18 09/24/18 Don & Toms $1,186.95 Unit #1 KW09/09/18 09/24/18 Global Industrial $410.51 Storage Bins and Rack KW09/07/18 09/24/18 Amazon $199.95 Plc Cable set KW09/06/18 09/24/18 General Treatment $835.90 Back pressure valves KW08/29/18 09/24/18 Don & Toms $755.57 Unit #1 KW09/18/18 09/24/18 Fil-Trek $305.95 O rings for cartridge filters RMWTP JS08/30/18 09/24/18 76 Station $42.99 Car Wash JS08/29/18 09/24/18 Amazon $80.45 Waterproof containers for RMWTP flow meters JS09/14/18 09/24/18 CVS PHARMACY $14.24 SUPPLIES FOR D2 TEST JL08/22/18 09/24/18 Fedex $180.22 Ship Samples GM09/10/18 09/24/18 Jiffy Lube $47.74 Oil Change Vehicle 5 GM09/10/18 09/24/18 Napa Auto Parts $17.36 Cabin Air Filter Vehicle 5 GM09/13/18 09/24/18 Napa Auto Parts $147.17 Battery for Vehicle 5 GM09/17/18 09/24/18 Vons $7.49 Zip lock bags and Ice GM09/18/18 09/24/18 CWEA $155.00 Socal Lab Series Workshop GM09/18/18 09/24/18 Napa Auto Parts -$18.00 Credit GM09/18/18 09/24/18 Napa Auto Parts $15.42 Car wash soap and squeegee GM09/13/18 09/24/18 CSMFO $150.00 CSMFO Budget Review TDS09/07/18 09/24/18 GFOA $150.00 GFOA membership- Llamas TDS09/06/18 09/24/18 GFOA $135.00 GFOA GAAP update - Llamas TDS09/10/18 09/24/18 Amazon $27.98 Power Strip/Surge Protector BK09/12/18 09/24/18 Compliance Signs $714.50 Pipeline marking post & labels BK08/31/18 09/24/18 Boyz tires $44.49 Service vehicle KK08/28/18 09/24/18 The Home Depot $87.08 Propane tank and cover for cwrf KK08/27/18 09/24/18 The Home Depot $458.20 BBQ for cwrf KK08/23/18 09/24/18 C.P. Irrigagation $69.76 Parts for conejo chloramination KK08/21/18 09/24/18 Napa Store $202.30 Battery for kevins' truck and tools KK09/18/18 09/24/18 Southwest $117.96 eAR input session IP09/07/18 09/24/18 Union Station short-term lot $16.00 CWOL listening session @ MWD IP09/06/18 09/24/18 LAX parking $30.00 eAR meeting @ DDW IP09/06/18 09/24/18 Peet's Coffee SMF $7.42 eAR meeting @ DDW IP09/06/18 09/24/18 Manna café LAX $6.25 eAR meeting @ DDW IP09/06/18 09/24/18 Naked Coffee $3.75 eAR meeting @ DDW IP09/06/18 09/24/18 Vela Café $16.05 lunch at eAR meeting @ DDW IP09/06/18 09/24/18 Uber $2.70 transportation for eAR meeting @ DDW IP09/06/18 09/24/18 Uber $18.78 transportation for eAR meeting @ DDW IP09/06/18 09/24/18 Uber $3.00 transportation for eAR meeting @ DDW IP09/06/18 09/24/18 Uber $20.54 transportation for eAR meeting @ DDW IP09/06/18 09/24/18 FedEx Office $40.88 printing materials for eAR meeting @ DDW IP08/30/18 09/24/18 FedEx Office $9.95 printing materials for funding fair IP08/28/18 09/24/18 Southwest $350.96 meeting with ACWA and SWRCB staff re: eAR IP09/01/18 09/24/18 Thinking2 $80.00 web site hosting IP09/13/18 09/24/18 Kebab Daddy $30.26 Business lunch for SCE seminar EG09/20/18 09/24/18 Jans Mall Car Wash $19.99 Car Wash EG09/01/18 09/24/18 Central Communications $367.85 After-Hours Call Center JS09/19/18 09/24/18 The UPS Store $59.10 Return RAS meter back to ABB JK08/23/18 09/24/18 Oxnard Hose $167.85 Hoses for CWRF JK08/23/18 09/24/18 Coastal Pipco $44.63 Pipe for sumb pump at CWRF JK08/24/18 09/24/18 Old New York Deli $69.27 Food for 8/25 customer class CL08/24/18 09/24/18 99-cent Only Store $6.44 Supplies for 8/25 customer class CL09/08/18 09/24/18 Old New York Deli $86.91 Food for 9/8 customer class CL09/12/18 09/24/18 Amazon.com $15.14 Book purchase: Water 4.0: The Past, Present, and CL08/28/18 09/24/18 SURFSIDE PRINTS $232.74 UNIFORMS SERVICES JN08/25/18 09/24/18 Fry's Electronics $78.47 I&E Tools and Wiring items for Conejo ChloraminatKB08/25/18 09/24/18 Lowes's $146.67 I&E Tools and Wiring items for Conejo ChloraminatKB08/30/18 09/24/18 Dymo $235.94 Wire Labeler KB09/07/18 09/24/18 Dymo $12.00 Wire Labels for Conejo Chloramination Project KB09/07/18 09/24/18 Dymo $161.06 Wire Labels for Conejo Chloramination Project KB09/07/18 09/24/18 The Home Depot $94.68 Conejo Chloramination Project - Power Cords KB09/16/18 09/24/18 Fry's Electronics $14.50 Wire Heat Shrink for Conejo Chloramination ProjecKB09/15/18 09/24/18 Dymo $157.04 Wire Labels for Conejo Chloramination Project KB09/14/18 09/24/18 Amazon $29.21 Training - Book for SQL online course FS09/07/18 09/24/18 GSE 76 Las Posas $31.99 Wash Vehicle TS09/06/18 09/24/18 Oil Stop $81.06 vehicle service TS08/27/18 09/24/18 Waypointe Café $86.13 Business Breakfast TS08/24/18 09/24/18 Medieval Times $3,157.00 Safety Awards Dinner TS08/23/18 09/24/18 Verizon Wireless $96.51 phone accessories TS09/20/18 09/24/18 Fry's Electronics $372.51 HDMI line driver over cat-5 twisted pair for Boardro JW09/20/18 09/24/18 Fry's Electronics -$194.34 Return Wireless HDMI tranceiver JW09/19/18 09/24/18 Fry's Electronics $194.34 Wireless HDMI tranceiver for Boardroom PC JW09/14/18 09/24/18 Office Depot $55.08 Qty 2 Whiteboards for Terry C. and Joe W JW09/13/18 09/24/18 Digital River $299.00 Kernel for Exchange - Extract contents of offline ExJW09/11/18 09/24/18 Callfire.com $99.00 Online IVR - Delinquent Call Out JW09/10/18 09/24/18 Time Warner $502.35 Internet JW08/22/18 09/24/18 CVS Pharmacy $12.19 Ice MP09/06/18 09/24/18 ACWA $270.00 Conference MP09/05/18 09/24/18 Southwest $144.96 Air fare MP09/06/18 09/24/18 Environmental Resources $304.48 Lab Supplies MP09/14/18 09/24/18 Software Ports $139.99 Microsoft Vision Professional 2016 MP

$17,333.07

CAL-Card Monthly Summary

Month of : October-18

Date Statement Vendor Purchase ItemPurchased Date Name Total Description Staff

10/11/18 10/22/18 Coastal Pipco $109.03 Saddle for MS 9 vault BB10/04/18 10/22/18 Red Wing $288.48 New boots for Ben BB10/17/18 10/22/18 Smart & Final $51.40 Kitchen Supplies DA10/10/18 10/22/18 DJs Catering $333.82 Oct. Safety Lunch DA10/09/18 10/22/18 Vons $18.98 Candy for Flu Shots DA10/09/18 10/22/18 Vons $20.89 Beverages for Safety Lunch DA10/04/18 10/22/18 Smart & Final $13.95 First Aid supplies DA09/27/18 10/22/18 Staples $78.56 Office Supplies DA09/27/18 10/22/18 CVS $6.06 Ice DA10/17/18 10/22/18 NAPA $133.73 Jumper Cables KW09/24/18 10/22/18 ABF freight $618.36 Shipping the Concentrate pump for repairs KW10/12/18 10/22/18 The Home Depot $140.37 Fire extinguishers, hammer for RMWTP JS10/03/18 10/22/18 The Home Depot $224.86 Assorted items for RMWTP (grommets, trash bags, etc) JS09/27/18 10/22/18 Target $7.55 Sharpie fine point pens GM10/01/18 10/22/18 Vons $8.56 Ice for shipping samples GM10/12/18 10/22/18 CVS Pharmacy $12.52 Rubbing Alcohol GM10/12/18 10/22/18 CWEA $188.00 Socal Lab Series Workshop GM10/02/18 10/22/18 Amazon $150.14 Pest traps TDS10/03/18 10/22/18 CSMFO $25.00 CSMFO webinar - Llamas TDS09/28/18 10/22/18 Mettler Toledo LLC $898.80 Calibration Service for 3 balances MP10/09/18 10/22/18 USPS $6.70 Postage for certified letter MP10/15/18 10/22/18 Burbank Airport Food $21.02 Travel for conference MP10/16/18 10/22/18 Bob Hope Airport Burbank $48.00 Parking for conference MP10/16/18 10/22/18 Hil Tonsac Arden W-Room $225.85 Room and 1 meal for conference MP10/12/18 10/22/18 Sam's Club $44.65 Meat for Tour BBQ BK10/12/18 10/22/18 Party Pleasers $64.22 Table covers for BBQ tour BK10/11/18 10/22/18 Sam's Club $160.81 Meat & Supplies for Tour BBQ BK10/10/18 10/22/18 Sam's Club $152.05 Meat & Supplies for Tour BBQ BK10/09/18 10/22/18 Home Depot $29.93 Charcoal & Wood Chunks for Tour BBQ BK10/04/18 10/22/18 Amazon $15.99 BBQ Rub for Tour BK10/04/18 10/22/18 Do-It Center $25.73 Charcoal for Tour BBQ BK10/18/18 10/22/18 C.P. Irrigation $25.41 diversion screen removal KK10/05/18 10/22/18 F.G. Wilcox $19.94 cwrf eye wash repair KK10/05/18 10/22/18 C.P. Irrigation $223.63 cwrf eye wash repair KK10/13/18 10/22/18 Durham School Services $467.90 Tour: bus IP10/11/18 10/22/18 LAX Sky Coffee Bean $6.89 SWRCB eAR input session @ ACWA IP10/11/18 10/22/18 ABM Onsite (LAX AIRPORT $30.00 SWRCB eAR input session @ ACWA (parking @LAX) IP10/11/18 10/22/18 Esquire Grille $28.43 SWRCB eAR input session @ ACWA (dinner) IP10/11/18 10/22/18 Uber $25.54 SWRCB eAR input session @ ACWA (Sac --> SMF) IP10/11/18 10/22/18 Darna ("Sac Mediterranean K $14.99 SWRCB eAR input session @ ACWA (lunch) IP10/11/18 10/22/18 Uber $23.72 SWRCB eAR input session @ ACWA (SMF-->Sacramento) IP10/11/18 10/22/18 Wildflour Café $14.75 SWRCB eAR input session @ ACWA (breakfast) IP10/10/18 10/22/18 Vons $15.15 Tour: bread ingredients IP09/26/18 10/22/18 Thinking2 $80.00 web site hosting IP10/01/18 10/22/18 Brady Inc $1,178.36 Industrial Labels EG10/03/18 10/22/18 Central Communications $363.05 After-Hours Call Center JCS10/17/18 10/22/18 b&b do it center $28.29 wire wheel for grinder CP10/05/18 10/22/18 prax air $96.11 acetylene for Chris truck CP10/08/18 10/22/18 Red Wing Shoe Store $268.10 Work boot replacement JK10/01/18 10/22/18 AutoZone $38.59 Wiper Blade replacement for work truck JK09/26/18 10/22/18 MEBulbs $422.70 Light replacement Bulbs for CWRF office JK09/25/18 10/22/18 The Home Depot $33.50 Hardware/tools for CWRF JK10/10/18 10/22/18 Old New York Deli $84.95 Five coffee boxes for tour CL10/10/18 10/22/18 Smart & Final $127.92 Food for 10/13/18 tour CL10/11/18 10/22/18 99-cent Only Store $3.22 Balloons for 10/13/18 tour CL10/11/18 10/22/18 Ponderosa Car Wash $12.00 Car wash for pool car CL10/12/18 10/22/18 FedEx Office $149.31 Brochures & poster for 10/13/18 tour CL10/12/18 10/22/18 Coastal Embroidery $51.48 BBQ aprons for Bill & Finn for 10/13/18 tour CL10/13/18 10/22/18 Best Donut $38.00 Donuts for 10/13/18 tour CL10/13/18 10/22/18 TBA Enterprises $33.30 Ice for 10/18/18 tour CL10/15/18 10/22/18 Smart & Final $39.67 Coffee pump pot replacement CL10/18/18 10/22/18 Walmart $12.46 Storage bins for tour supplies CL10/04/18 10/22/18 DYMO $298.26 Conejo Chloramination Labels KB10/03/18 10/22/18 The Home Depot $79.20 Tools KB10/06/18 10/22/18 Lowes $80.69 Conejo Chloramination parts KB10/06/18 10/22/18 The Home Depot $94.38 Conejo Chloramination parts KB10/11/18 10/22/18 The Home Depot $44.52 Conejo Chloramination parts KB10/16/18 10/22/18 The Home Depot $11.87 Conejo Chloramination parts KB10/19/18 10/22/18 The Home Depot $10.69 Tools KB09/25/18 10/22/18 ARC Imaging Resources $114.49 Plotter/Paper - Large format paper rolls for printer FS10/13/18 10/22/18 Provantage.com $207.09 Qty 2 - 10GB Network Adapters for Backup Server and Planning Mgr's WoJW10/12/18 10/22/18 Callfire.com $99.00 Online IVR - Delinquent Call Out JW10/11/18 10/22/18 Time Warner $502.35 Internet JW10/04/18 10/22/18 Everything Maintenance $412.60 Macrium backup for Domain Controllers JW10/03/18 10/22/18 Experts Exchange $239.88 Annual subscription - online knowledge base/tech support JW09/30/18 10/22/18 myprojectorlamps.com $264.49 Boardroom, Christie project lamp JW

$10,540.88

CAL-Card Monthly Summary

Agenda Item #2

Camrosa Water District

Accounts Payable Period:

10/04/2018-11/07/2018

Expense Account Description Amount

11100 Accounts Rec-Other 41220 Misc. Credit 11700 Meter Inventory 11905 Prepaid Maintenance Ag. 33249.47 11900 Prepaid Liability Insurance 69416.60 13000 Land 13400 General Capital Projects 13500 Sewer Capital Projects

13600 Water Capital Projects 11023.75 13650 Water Capital Rep Projects 4974.71 13750 NP Water Capital Rep Projects 579603.68 20053 Current LTD Bond 2016 20052 Current LTD Bond 2012 20250 Non-Potable Water Purchases 23001 Refunds Payable 4531.61 20400 Contractor’s Retention -24760.15 50110 Payroll FLSA Overtime-Retro 50010 Water Purchases & SMP

Charge 1620885.19

50020 Pumping Power

108048.35 50100 Federal Tax 941 1st QTR 50135 PERS Unfunded Liability 50155 Medical Insurance 50200 Utilities 3265.33 50210 Communications 6275.11 50220 Outside Contracts 121831.15 50230 Professional Services 20791.00 50240 Pipeline Repairs 15229.24 50250 Small Tool & Equipment 1045.86 50260 Materials & Supplies 37065.70 50270 Repair Parts & Equip Maint 72640.41 50280 Legal Services 3399.70 50290 Dues & Subscriptions 1067.38 50300 Conference & Travel 2772.08 50310 Safety & Training 6186.36 50330 Board Expenses 50340 Bad Debt 50350 Fees & Charges 3107.04 50360

Insurance Expense

50500 Misc Expense 50600 Fixed Assets 20000.00 50700 Interest Expense

TOTAL $2,721,649.57

Amount

TOTAL VENDOR PAYMENTS-GSA 562.50$

FY18-19 Liability-Auto FY 2018-19 Auto-Liability Insurance Prepaid liability insurance 69416.6

Expense Approval ReportCamrosa Water District, CA By Vendor Name

Payable Dates 10/04/2018 - 11/07/2018Post Dates 10/04/2018 - 11/07/2018

Payment NumberPost Date Vendor Name Payable Number Description (Item) Account Name Purchase Order Number

53341 11/02/2018 3H CUST FARMING HANSEN 00007545 Refund Credit Account 7545 - Lewis Rd- TG01544570 Refunds payable 272.73

Vendor: \A125 - ADVANTAGE REALTY53326 10/29/2018 ADVANTAGE REALTY 00001589 Deposit Refund Act 1589- 650 Hacienda Dr Refunds payable 32.153343 11/02/2018 ADVANTAGE REALTY 00001589-2 Overpayment Final Account 1589- 650 Hacienda Dr Refunds payable 85.26

16 10/17/2018 ACWA 2019 Dues (GSA) Santa Rosa GSA Dues & subscrip 562.5

53342 11/05/2018 ADVANCE UTILITY SYSTEMS MN00113692 Annual Maintenance Contracto for Customer Info Prepaid maint agreements 33249.47

334 10/25/2018 ACWA JOINT POWERS INS

53345 11/06/2018 ALEXANDER'S CONTRACT SERVICES, INC 101923 Meter Reading Svc's Outsd contracts 2314.54

Vendor \A125 - ADVANTAGE REALTY Total: 117.36

53344 11/05/2018 AG RX INC. 93121 PM - Weed Abatement Outsd contracts-PM FY19-0129 5085.18

53346 10/31/2018 ALL PEST AND REPAIR, INC. 0020903 PM-Pest VTA1-7385 Outsd contracts-PM 420

53327 10/29/2018 ALIREZA KATOUZIAN 00007054 Deposit Refund Act 7054 - 4948 Ladera Vista Dr Refunds payable 99.55

Vendor: ALL11 - ALL PEST AND REPAIR, INC.53346 10/31/2018 ALL PEST AND REPAIR, INC. 0020869 PM-Pest VTA1-1900 Outsd contracts-PM 600

53347 10/31/2018 ALLCABLE 4006597 Chloramination Controls Construction in progress 337.26

Vendor: ALL07 - ALLIED ELECTRONICS, INC53280 10/11/2018 ALLIED ELECTRONICS, INC 9010005739.1 Sales Tax Refernce invoice #9010005739 Construction in progress 13.02

Vendor ALL11 - ALL PEST AND REPAIR, INC. Total: 1020

53349 11/05/2018 A-SAME DAY TESTING CO. S10593 Certification for Backflow on Temp Ag Device Outsd contracts 25

53348 11/06/2018 ARBITRAGE COMPL SPEC, INC G6075 Arbitrage Prof services 1890

Vendor ALL07 - ALLIED ELECTRONICS, INC Total: 13.02

53328 10/29/2018 ANGELITA ANGELES 00004087 Final Account Overpayment-5285 Golderidge Refunds payable 49.85

53329 10/29/2018 ANN ZIEMER 00001659 Final Account Overpayment- 5059 Galano Dr Refunds payable 45.52

53350 11/07/2018 AWA 06-11211 AWA BREAKFAST 4 EE'S 2 BM'S Safety & train 150

Vendor: AWA01 - AWA53281 10/17/2018 AWA 06-11150 AWA/CCWUC Luncheon for 6 EEs Safety & train 210

53330 10/29/2018 ASTRA RAMYEAD 00004134 Final Account Overpayment Refund- 5246 Meadowridge Refunds payable 119.09

Vendor AWA01 - AWA Total: 46553350 11/07/2018 AWA 06-11232 CCWUC Luncheon 2 EE'S - 1 BM Safety & train 105

Vendor: *CAM* - DEPOSIT ONLY-CAMROSA WTR3147 10/11/2018 DEPOSIT ONLY-CAMROSA WTR 10-11-18-PR Transfer to disbursements account Transfer to disbursements-holding account 480003148 10/11/2018 DEPOSIT ONLY-CAMROSA WTR 10-11-18-AP-2 Transfer to disbursements account Transfer to disbursements-holding account 2250003149 10/11/2018 DEPOSIT ONLY-CAMROSA WTR 10-11-18-AP 10-11-18 Transfer to disbursements account-AP Transfer to disbursements-holding account 1700000

Vendor *CAM* - DEPOSIT ONLY-CAMROSA WTR Total: 1973000

Vendor: BLA05 - BLACK & VEATCH CORP

53282 10/16/2018 B & R TOOL & SUPPLY CO. 1900920399 Safety Glasses & Gloves Small tools & equipment 491.79

53283 10/12/2018 BLACK & VEATCH CORP 6703465 Agreement Amendment Prof services FY17-0256-R1 358.2853283 10/12/2018 BLACK & VEATCH CORP 6703465 Agreement Amendment Prof services FY17-0256-R1 330.7253283 10/12/2018 BLACK & VEATCH CORP 6703465 Agreement Amendment Prof services FY17-0256-R1 371

Vendor BLA05 - BLACK & VEATCH CORP Total: 1060

53351 11/05/2018 CAIN APODACA 00001902 Overpayment Finalled Account #1902- 5343 Hidalgo S Refunds payable 74.76

779944.7Vendor: CAL03 - CALLEGUAS MUNICIPAL WATER329 10/16/2018 CALLEGUAS MUNICIPAL WATER 094718 Water Purchase Water purchases

CALLEGUAS MUNICIPAL WATER SMP-103618 SMP CMWD - SMP Pipeline Fee SMP CWD-RMWTP 14341.61

339 11/07/2018

329 10/16/2018 CALLEGUAS MUNICIPAL WATER 094718 Water Purchase CMWD Fixed Charges 68690329 10/16/2018 CALLEGUAS MUNICIPAL WATER SMP092218 SMP CMWD-SMP Pipeline SMP CWD-RMWTP 3750.89

339 11/07/2018

CALLEGUAS MUNICIPAL WATER 102818 Water Purchase Water purchases 685467.99339 11/07/2018 CALLEGUAS MUNICIPAL WATER 102818 Water Purchase CMWD Fixed Charges 68690

Vendor CAL03 - CALLEGUAS MUNICIPAL WATER Total: 1620885.19

53284 10/17/2018 CALLEGUAS MUNICIPAL WATER TMDL-18-01 TMDL. Approved FY18-19 budget item. Prof services 15191

Vendor: CED01 - CEDRO CONSTRUCTION INC.53285 10/12/2018 CEDRO CONSTRUCTION INC. Pymt1 Construction Services Casing under hwy 101 RW17-01 Construction in progress FY18-0284-R1 44343553285 10/17/2018 CEDRO CONSTRUCTION INC. Retention Pymt 1 Retention Payment 1 Contractor's retention -22171.7553352 10/30/2018 CEDRO CONSTRUCTION INC. Pymt 2 Construction Services Casing under hwy 101 RW17-01 Construction in progress FY18-0284-R1 5176853352 10/30/2018 CEDRO CONSTRUCTION INC. Retention Pymt 2 Retention Reference Invoice Pymt 2 Contractor's retention -2588.4

53353 11/06/2018 Central Courier LLC 42304 Courier Services Outsd contracts 504.05

Vendor CED01 - CEDRO CONSTRUCTION INC. Total: 470442.85

Vendor: CEN03 - Central Courier LLC53286 10/12/2018 Central Courier LLC 42159 Courier Service Outsd contracts 497.45

Vendor: COA01 - COASTAL-PIPCO53287 10/16/2018 COASTAL-PIPCO S2025500.001 Leak Repair - Pipe Supply Pipeline reapairs 470.7153287 10/16/2018 COASTAL-PIPCO S2025500.002 Leak Repair - Pipe Supply Pipeline reapairs 64.62

Vendor CEN03 - Central Courier LLC Total: 1001.5

53354 10/31/2018 CHANEY WELDING 718032 UnP Mx - Pipe Repair Welding Pipeline reapairs 450

53287 10/16/2018 COASTAL-PIPCO S2025643.001 Leak Repair - Pipe Supply Pipeline reapairs 8.3253287 10/16/2018 COASTAL-PIPCO S2025643.002 Leak Repair - Pipe Supply Pipeline reapairs 308.0453355 10/30/2018 COASTAL-PIPCO S2026986.001 Chloramination Piping Construction in progress 13.04

Vendor: \F162 - CONNIE FRANCO

Vendor COA01 - COASTAL-PIPCO Total: 864.73

53288 10/15/2018 COLANTUONO, HIGHSMITH & WHATLEY, PC36925 Legal Rate Study Legal services 97.5

53331 10/29/2018 CONNIE FRANCO 00007247-2 Deposit Refund Act7247- 707 Via Marquesa Refunds payable 23.9153356 11/02/2018 CONNIE FRANCO 00007247-3 Overpayment Final Account 7247- 707 Via Marquesa Refunds payable 80.29

Vendor \F162 - CONNIE FRANCO Total: 104.2

Vendor: COU03 - COUNTY OF VENTURA PUBLIC WORKS53358 10/30/2018 COUNTY OF VENTURA PUBLIC WORKS 608C904. Highway 101 Non Potable Waterline at Conejo Crk Construction in progress 57.74

53357 11/01/2018 COUNTY FIRE PROTECTION 18-22369 Annual Fire Extinguisher Recertifications Repair parts & equipment 1173.33

53289 10/15/2018 CORELOGIC INFORMATION SOLUTIONS, INC81920721 Customer Assessors Parcel Info for District Proper Outsd contracts 150

53332 10/29/2018 DARWIN BECKEL 00005394 Deposit Refund Act 5394- 12339 Ridge Dr Refunds payable 257.62

53290 10/17/2018 CUSTOM PRINTING 149430 Staff Directory Cards Materials & supplies 280.46

53359 11/07/2018 COUNTY OF VENTURA PUBLIC WORKS 266971 Permit for Leak- Reference Permit # PE18-0738 Pipeline reapairs 31553360 11/07/2018 COUNTY OF VENTURA PUBLIC WORKS 270029 Permit for Leak- Reference Permit # PE18-0741 Pipeline reapairs 315

Vendor COU03 - COUNTY OF VENTURA PUBLIC WORKS Total: 687.74

FY19-0120 3436.73

53292 10/16/2018 DAVMAR AIR, INC 9810 PM General - Compressor PM Repair parts & equipment-PM 711.87

53291 10/16/2018 DAMAR CONSTRUCTION INC 18064-001 Pond Rip Rap Construction in progress FY19-0071 59964.5

53361 11/05/2018 DIENER'S ELECTRIC, INC 28453 UnP Mx - Pump/Motor repair - WO# 8664753 -PS4 pump Repair parts & equipment-UnP MxFY19-0127 1169.75

Vendor: DIE01 - DIENER'S ELECTRIC, INC53293 10/17/2018 DIENER'S ELECTRIC, INC 28376 PM - Electrical/SCADA - PS5 MCC Repair parts & equipment-PM

53361 11/05/2018 DIENER'S ELECTRIC, INC 28481 UnP Mx - Electrical/SCADA - RMWTP/CWRF Repair Parts & Equipment-RMWTPFY19-0128 13388.46

Vendor: EJH01 - E.J. HARRISON & SONS INC53294 10/16/2018 E.J. HARRISON & SONS INC 1629 Trash Removal Outsd contracts-OPS 21.87

Vendor DIE01 - DIENER'S ELECTRIC, INC Total: 17994.94

53362 10/31/2018 E&M Inc. 328162 Wonderware tech support contract Outsd contracts FY19-0118 17354

Vendor: ENH01 - Enhanced Landscape Management, LLC

53295 10/12/2018 EMPIRE MANAGEMENT 0000923-2 Overpayment Final Account #923- 6328 Corte Lucinda Refunds payable 16.62

53363 10/31/2018 E.J. HARRISON & SONS INC 27139 Trash removal - CWRF Outsd contracts-OPS 415.02Vendor EJH01 - E.J. HARRISON & SONS INC Total: 436.89

53333 10/29/2018 ELACORA MISSION OAKS LLC 000010031 Final Account Overpayment - 425 Pecana St Refunds payable 52.69

Vendor ENH01 - Enhanced Landscape Management, LLC Total: 137953364 11/07/2018 Enhanced Landscape Management, LLC 25855 Landscaping Outsd contracts-OPS 27553364 11/07/2018 Enhanced Landscape Management, LLC 25417 Landscaping Outsd contracts-OPS 1104

53296 10/11/2018 ESQUIRE PROPERTY MANAGEMENT 00001523 Deposit Refund Act 1523- 680 Hillcrest Dr Refunds payable 86.07

Vendor: FAM01 - FAMCON PIPE & SUPPLY, INC53297 10/16/2018 FAMCON PIPE & SUPPLY, INC 210933 Leak Repair - Pipe Supply Pipeline reapairs 711.07

340 10/30/2018 ENTERPRISE FLEET SERV INC FBN3562442 OPS- Vehicle Lease Outsd contracts-OPS 4993.88

53297 10/16/2018 FAMCON PIPE & SUPPLY, INC 212019 Leak Repair - Pipe Supply Pipeline reapairs 216.6553365 11/01/2018 FAMCON PIPE & SUPPLY, INC 212996 Cla-Val 12" Camsan interconnection Construction in progress FY19-0115 22517.1453365 11/07/2018 FAMCON PIPE & SUPPLY, INC 213208 Pipeline Repair Parts for leak repairs Pipeline reapairs FY19-0069 7817.8353365 11/07/2018 FAMCON PIPE & SUPPLY, INC 213274 Pipeline Repair Parts for leak repairs Pipeline reapairs FY19-0069 1427.6

Vendor FAM01 - FAMCON PIPE & SUPPLY, INC Total: 32690.29

53366 11/06/2018 FANNING & KARRH, CPAs 10-15-18 Revised FY 17-18 Financial Statements Audit Prof services FY18-0294 2500

53368 11/07/2018 FENCE FACTORY, INC 669891 Fence Rental - PV Well 2 Construction in progress 170.7

53367 10/30/2018 FEDERAL EXPRESS CORP 6-343-79869 Shipping Overnight Water Samples Outsd contracts 198.52

53371 11/06/2018 FLOW N CONTROLS 4899 Chloramination Controls Construction in Progress 318.52

53369 11/07/2018 FERGUSON WATERWORKS #1083 0652316 Leak Repair - Pipe Supplies Pipeline reapairs 464.99Vendor FER03 - FERGUSON WATERWORKS #1083 Total: 3124.4

811853A Outside Lab Analysis Outsd contracts 235

53372 10/31/2018 Frontier Communications OCT18 VOIP- Land Lines Communications 608.56

Vendor: FER03 - FERGUSON WATERWORKS #108353369 11/01/2018 FERGUSON WATERWORKS #1083 0651344 Unp MX-Distribution Repairs Pipeline repairs FY19-0110 2659.41

53373 11/05/2018 FRUIT GROWERS LAB. INC. 813383A Outside Lab Analysis Outsd contracts 6953373 10/30/2018 FRUIT GROWERS LAB. INC. 812996A Outside Lab Analysis Outsd contracts 69

53370 11/06/2018 FIELD ASSET SERVICES, LLC. 00002879 Deposit Refund Act 2879- 5952 Palomar Refunds payable 163.44

53373 10/24/2018 FRUIT GROWERS LAB. INC. 812995A Outside Lab Analysis Outsd contracts 534

Vendor: FRU01 - FRUIT GROWERS LAB. INC.53298 10/11/2018 FRUIT GROWERS LAB. INC.

Vendor FRU01 - FRUIT GROWERS LAB. INC. Total: 907

53374 11/06/2018 GRISELDA CREER 00007401 Deposit Refund Act 7401- 379 Paseo Sabanero Refunds payable 2.41

53375 11/7/2018 11173106 RMWTP-Analyzer Mx Repair Parts & Equpment 595.76

41.3Vendor HEA02 - Health Equity. Total:

Vendor: HAC01 - HACH COMPANY53375 11/07/2018 HACH COMPANY 11174811 RMWTP Reagent Materials & Supplies-RMWTP 65.26

53375 11/07/2018 HACH COMPANY 11176680 RMWTP Reagent Materials & Supplies-RMWTP 195.15

341 11/06/2018 HealthEquity Nov 2018 Consumer Driven Health Plan Admin Fees Nov 18 Fees & charges 6.44341 11/06/2018 HealthEquity Nov 2018 Consumer Driven Health Plan Admin Fees Nov 18 Fees & charges 7.23

Vendor HAC01 - HACH COMPANY Total: 856.17

Vendor: HAT01 - HATHAWAY, PERRETT,WEBSTER, POWERS & CHRISMAN53299 10/10/2018 HATHAWAY, PERRETT,WEBSTER, POWERS & CHRISMAN101586 Legal Services Legal services 2690.68

Vendor HAT01 - HATHAWAY, PERRETT,WEBSTER, POWERS & CHRISMAN Total: 3302.2

Vendor: HEA02 - HealthEquity341 11/06/2018 HealthEquity Nov 2018 Consumer Driven Health Plan Admin Fees Nov 18 Fees & charges 6.98

53376 11/06/2018 HATHAWAY, PERRETT,WEBSTER, POWERS & CHRISMAN102102 Legal Services Legal services 611.52

HealthEquity Oct 2018 Consumer Driven Health Plan Admn Fees Oct 18 Fees & charges 7.23

53378 11/01/2018 INFOSEND, INC. 143511 Printing & Mailing Monthly Statements & Inserts Outsd contracts 5722.0553303 10/15/2018 INFOSEND, INC. 142221

341 11/06/2018 HealthEquity Oct 2018 Consumer Driven Health Plan Admn Fees Oct 18 Fees & charges

53300 10/11/2018 HELEN YANG 00007015 Deposit Refund Act 7015- 5016 Ladera Vista Dr Refunds payable 27.91

Vendor: HER01 - HERC RENTALS INC.53301 10/17/2018 HERC RENTALS INC. 30262705-002 UnP Mx - General Repairs - Pump rental Repair parts & equipment-UnP MxFY19-0066 2698

341 11/06/2018 HealthEquity Oct 2018 Consumer Driven Health Plan Admn Fees Oct 18 Fees & charges 6.44341 11/06/2018

6.98

Printing & Mailing of October 2018 Bills, Inserts Outsd contracts 6023.45Vendor: INF00 - INFOSEND, INC.

53377 11/07/2018 HERC RENTALS INC. 30262705-003 UnP Mx - General Repairs - Pump rental Repair parts & equipment-UnP MxFY19-0066 2013.74Vendor HER01 - HERC RENTALS INC. Total: 4711.74

53302 10/11/2018 IDEXX LABORATORIES, INC 3037777131 Lab Supplies Materials & supplies 475.77

Vendor JAN01 - Janitek Cleaning Solutions-Allstate Cleaning, Inc. Total: 1813.553379 11/07/2018 Janitek Cleaning Solutions-Allstate Cleaning, Inc.32453A OPS- Janitor Service Outsd contracts-OPS 1393.5

Vendor INF00 - INFOSEND, INC. Total: 11745.5

53334 10/29/2018 JAMES E. CLARKE 00006422 Deposit Refund Act 6422 Refunds payable 15.28

Vendor: JAN01 - Janitek Cleaning Solutions-Allstate Cleaning, Inc.53379 10/31/2018 Janitek Cleaning Solutions-Allstate Cleaning, Inc.32355A OPS - Janitor Service Outsd contracts-OPS 420

53304 10/11/2018 JOSE ARIAS 00001740 Deposit Refund Act 1740- 309 Estancia Place Refunds payable 40.25

53305 10/12/2018 KARINA HERNANDEZ 00002075 Deposit Refund Act 2075- 13 Abrazo Dr Refunds payable 2.79

342 10/30/2018 JORGE NAVARRO DIT1 Tuition ReimbursementTuition Reimbursement - Education Courses Safety & train 100

53335 10/29/2018 KEN CARTER 00002685 Deposit Refund Act 2685- 1590 Heritage Trl Refunds payable 38.75

53380 11/01/2018 LANDMARK GRADING & PAVING, INC 2018-10816 PM - Road Repair/Maint - 4A & TR Well Outsd contracts-PM FY19-0099 55512

53307 10/17/2018 McCALL'S METERS, INC 31053 2 4" Octave meters Repair Parts & Equipment Maintenance-MeteringFY19-0055 5904.11

53306 10/16/2018 Luners 1801253 Speakers for 10/13/18 Facilities Tour Outsd contracts 579.15

53382 11/07/2018 NORTHSTAR CHEMICAL 134255 Chlorine - CON Materials & supplies-OPS 3281.49Vendor NOR07 - NORTHSTAR CHEMICAL Total: 3791.61

53381 10/30/2018 MNS ENGINEERS, INC. 71290 CRWF Effluent Basin Religning Construction in progress FY18-0034-R1 11023.75

Vendor: NOR07 - NORTHSTAR CHEMICAL53382 11/07/2018 NORTHSTAR CHEMICAL 134254 Chlorine - TR Materials & supplies-OPS 510.12

HACH COMPANY

Vendor OAK03 - OAKRIDGE GEOSCIENCE, INC. Total: 1412.5

Vendor: OLI01 - OLIN CORP-CHLOR ALKALI53309 10/16/2018 OLIN CORP-CHLOR ALKALI 2582258 Salt - Chlorine/ RMWTP Salt Chlorine Materials & Supplies-RMWTP 4133.87

Vendor: OAK03 - OAKRIDGE GEOSCIENCE, INC.53308 10/10/2018 OAKRIDGE GEOSCIENCE, INC. 047.001-02 Geotechnical support services Construction in progress FY18-0285-R1 607.553383 11/07/2018 OAKRIDGE GEOSCIENCE, INC. 047.001-03 Geotechnical support services Construction in progress FY18-0285-R1 805

53310 10/17/2018 PARTY PLEASERS 688402-6 tent for outreach event on 10/13/2018 Outsd contracts FY19-0122 1536.99

53384 11/07/2018 OLIN CORP-CHLOR ALKALI 2596114 Salt & Chlorine Materials & Supplies-RMWTP 4157.56Vendor OLI01 - OLIN CORP-CHLOR ALKALI Total: 8291.43

53385 10/31/2018 PRAXAIR DISTRIBUTION INC 85688691 Acetylene Gas Cylinder Rental Outsd contracts-OPS 119.54

53312 10/16/2018 PETTY CASH 101618 Petty Cash Replenishment Petty Cash 62.69

53336 10/29/2018 PAT HUTCHENSON 00001870 Deposit Refund Act 1870- 5290 Hidalgo St Refunds payable 101.2

53311 10/10/2018 PERLITER & INGALSBE 18310 Out of Scope work Construction in progress FY18-0104-R1 42

53386 10/30/2018 PROVANTAGE LLC 2707151 Intel DC P4600 4TP Solid State Drives PCI-E X4 Fixed Assets-Internal FY19-0119 20000

Vendor: PUR01 - PURETEC INDUSTRIAL WATER53313 10/16/2018 PURETEC INDUSTRIAL WATER 1668159 OPS - Deionized Water Service Materials & supplies-OPS 66.15

53387 10/31/2018 PURETEC INDUSTRIAL WATER 1671941 OPS - Deionized Water Service Materials & supplies 89.36

53387 10/31/2018 PURETEC INDUSTRIAL WATER 1671515 RMWTP - Chemicals Materials & Supplies-RMWTP 10201.8153387 10/31/2018 PURETEC INDUSTRIAL WATER 1671940 OPS - Deionized Water Service Materials & supplies 74.15

Vendor: ROY03 - ROYAL INDUSTRIAL SOLUTIONS53389 10/30/2018 ROYAL INDUSTRIAL SOLUTIONS 9009-780441 Chloramination Controls Construction in progress 699.4653389 10/30/2018 ROYAL INDUSTRIAL SOLUTIONS 9009-780609 Chloramination Controls Construction in progress 477.05

Vendor PUR01 - PURETEC INDUSTRIAL WATER Total: 10431.47

53388 11/05/2018 QUINN COMPANY E1647601 Replacement automated Generator Repair parts & equipment-UnP MxFY18-0255-R1 23467.48

53390 11/07/2018 SHUMATE SERVICES, INC 18-095 Pm- General Labor Outsd contracts-PM FY19-0070 3500

Vendor ROY03 - ROYAL INDUSTRIAL SOLUTIONS Total: 1176.51

53314 10/16/2018 SAGE DESIGNS, INC. 1809391 Repair Parts & Equipment Repair parts & equipment-UnP MxFY19-0075 4483.28

343 10/24/2018 SOUTHERN CALIF. EDISON Oct 18 October 2018 Usage Charges Pumping power 108048.35

53337 10/29/2018 SIANNE BARNES 00003047 Deposit Refund Act 3047- 5689 Mulberry Ridge Dr Refunds payable 118.69

Vendor: SCE01 - SOUTHERN CALIF. EDISON

343 10/24/2018 SOUTHERN CALIF. EDISON Oct 18 October 2018 Usage Charges Utilities 3265.33

53315 10/16/2018 SOUTHERN COUNTIES OIL 1273303IN OPS - Fuel Materials & supplies-OPS 1392.1153315 10/16/2018 SOUTHERN COUNTIES OIL 1268291IN OPS - Fuel Materials & supplies-OPS 612.79

Vendor SCE01 - SOUTHERN CALIF. EDISON Total: 111313.68

Vendor: SCF01 - SOUTHERN COUNTIES OIL53315 10/16/2018 SOUTHERN COUNTIES OIL 1252536IN Ops - Fuel - Diesel Materials & supplies-OPS 567.26

53391 11/07/2018 SOUTHERN COUNTIES OIL 1291075IN Ops - Fuel Materials & supplies-OPS 635.7753391 10/31/2018 SOUTHERN COUNTIES OIL 1285457IN Ops -Fuel Materials & supplies-OPS 1519.5553391 10/31/2018 SOUTHERN COUNTIES OIL 1279182IN Ops -Fuel Materials & supplies-OPS 1205.82

STAPLES CONSTRUCTION CO. INC. 00006358-2 Overpayment Final Account 6626- FH Meter #8 Refunds payable 169.11

Vendor SPA01 - SPARKLETTS Total: 105.03

Vendor: \S129 - STAPLES CONSTRUCTION CO. INC.

53392 11/07/2018 SPARKLETTS 4667386-110418 OPS - Distilled Water Outsd contracts-OPS 56.9

Vendor SCF01 - SOUTHERN COUNTIES OIL Total: 5933.3

Vendor: SPA01 - SPARKLETTS53316 10/17/2018 SPARKLETTS 4667386-100718 OPS Distilled Bottled Water Outsd contracts 48.13

53393 11/02/2018 STAPLES CONSTRUCTION CO. INC. 00006626-2 Overpayment Final Account 6626- FH Meter #14 Refunds payable 159.09Vendor \S129 - STAPLES CONSTRUCTION CO. INC. Total: 1830.3

53338 10/29/2018 STAPLES CONSTRUCTION CO. INC. 00006358 Fire Hydrant Deposit Refund- Casa Pacifica Pkg Lot Refunds payable 746.0453338 10/29/2018 STAPLES CONSTRUCTION CO. INC. 00006626 Fire Hydrant Meter Deposit Refund- 1722 Lewis Rd Refunds payable 756.0653393 11/02/2018

330 10/10/2018 STATE BOARD OF EQUALIZATION 3RdQtr2018UseTax Use Tax 7-01-18 thru Use Tax 1st QTR Fy 18-19 82

53396 11/01/2018 SWRCB-ELAP Fees RW-1018639 Recycled Water Fees Fees & charges 264

53395 10/30/2018 STATE WATER RESOURCES CONTROL BOARDD1 Certification-Jorge NavarroD1 Certification for Jorge Navarro Safety & train 70

53394 11/02/2018 STATE OF CALIFORNIA 55451 . Dues & subscrip 115

53317 10/17/2018 THE CAPRICORN GROUP 15779 Lab Supplies Materials & supplies 78.26

53397 11/05/2018 TURF CONSTRUCTION, INC. 13454 UnP Mx - General - TSS meter backfill Repair parts & equipment-UnP MxFY19-0125 2040

331 10/11/2018 U.S. BANK CORPORATE September2018 Credit Card Charges September 2018 Credit Card Charges 27873.95

53339 10/29/2018 TORO ENTERPRISES 00008864 Fire Hydrant Security Deposit -Leisure Village 23 Refunds payable 894.53

53318 10/16/2018 UNIFIRST CORPORATION 328-1026292 Office supplies - Cleaning supplies Materials & supplies 111.94

Vendor: UNI08 - UNIFIRST CORPORATION53318 10/16/2018 UNIFIRST CORPORATION 328-1026261 Uniform Cleaning Service Outsd contracts 209.42

53398 11/01/2018 UNDERGROUND SERVICE ALERT OF SOUTHERN CALIFORNIA, INC1020180202 Montlhy Dig Alert Tickets Outsd contracts 165.1

53318 10/16/2018 UNIFIRST CORPORATION 328-1029874 Uniform Cleaning Service Outsd contracts 209.4253318 10/16/2018 UNIFIRST CORPORATION 328-1028097 Office supplies - Cleaning supplies Materials & supplies 111.9453318 10/16/2018 UNIFIRST CORPORATION 328-1028066 Uniform Cleaning Service Outsd contracts 209.42

53399 11/01/2018 UNIFIRST CORPORATION 328-1031716 Office supplies - Cleaning supplies Materials & supplies 111.9453399 11/01/2018 UNIFIRST CORPORATION 328-1031685 Uniform Cleaning Service Outsd contracts 209.4253318 10/16/2018 UNIFIRST CORPORATION 328-1029905 Office supplies - Cleaning supplies Materials & supplies 111.94

53399 11/07/2018 UNIFIRST CORPORATION 328-1035512 Uniform Cleaning Service Outsd contracts 209.4253399 11/01/2018 UNIFIRST CORPORATION 328-1033664 Office supplies - Cleaning supplies Materials & supplies 111.9453399 11/01/2018 UNIFIRST CORPORATION 328-1033633 Uniform Cleaning Service Outsd contracts 209.42

Vendor UNI08 - UNIFIRST CORPORATION Total: 1928.16

53319 10/15/2018 UNITED PARCEL SERVICE F1408 Mailing Charges - Safety Video Safety & train 16.37

53399 11/07/2018 UNIFIRST CORPORATION 328-1035544 Office supplies - Cleaning supplies Materials & supplies 111.94

2315.41

53400 10/31/2018 USA BLUE BOOK 714894 Chloramination Controls Construction in progress 709.27

Vendor: USA01 - USA BLUE BOOK53320 10/16/2018 USA BLUE BOOK 702339 Chloramination Controls Electrical - Conejo Wells Construction in progress 562.02

53400 10/31/2018 USA BLUE BOOK 720035 Unp Mx - Pump repair - CWRF Repair parts & equipment-UnP Mx 957.253400 11/07/2018 USA BLUE BOOK 729035 Repair Parts - Transducers Repair parts & equipment-UnP Mx 86.92

Vendor USA01 - USA BLUE BOOK Total:

Vendor: VEN33 - VENTURA COUNTY STAR53321 10/17/2018 VENTURA COUNTY STAR 2091749 Advertisement Cam San Interconnect Non Pot Construction in progress 406.853321 10/17/2018 VENTURA COUNTY STAR 2117155 Public Hearing Notice for Ord. 39 - Conflict of In Outsd contracts 149.16

53401 11/07/2018 VENCO POWER SWEEPING INC. 0004714-IN General Labor - Grounds clean up Outsd contracts 495

53402 10/24/2018 VENTURA COUNTY TAX COLLECTOR FY2018-19 Property Tax FY2018-19 Reservoir 2B-Outside Dristr Fees & charges 9.05

53403 11/05/2018 VENTURA CRANE, INC. 20005 PM - Sand Removal - Crane Rental Repair parts & equipment-PM FY19-0126 3319.3

Vendor VEN33 - VENTURA COUNTY STAR Total: 555.96

53322 10/16/2018 VERIZON BUSINESS, INC Z6458342 VOIP T1 (Verizon) Communications 451.35

53404 11/05/2018 VENTURA REGIONAL SANITATION DISTRICT, INCCOL011809 VRSD - SL cleaning Outsd contracts-PM FY19-0124 4529.54

Vendor: VER04 - VERIZON BUSINESS, INC53322 10/16/2018 VERIZON BUSINESS, INC 70934793 VOIP T1 (Verizon) Communications 1179.2

53407 11/07/2018 W W GRAINGER, INC. 9956511431 Chloraminaion Controls Construction in progress 410.48

53406 11/07/2018 VERIZON WIRELESS 9816987663 Current Charges- Cell Phones Communications 1843.05

Vendor VER04 - VERIZON BUSINESS, INC Total: 2081.953405 11/07/2018 VERIZON BUSINESS, INC Z6482340 VOIP T1 (Verizon) Communications 451.35

Vendor WAT00 - WATERWISE CONSULTING, INC Total: 2150

Vendor: WAT00 - WATERWISE CONSULTING, INC53408 10/30/2018 WATERWISE CONSULTING, INC 5812 WUE Landscape Surveys Outsd contracts 92553408 11/01/2018 WATERWISE CONSULTING, INC 5898 WUE Landscape Surveys Outsd contracts 1225

TOTAL VENDOR PAYMENTS

TOTAL PAYROLL VENDOR PAYMENTS 130,037.63$

335 11/02/2018 ACWA/JPIA 10-18 PR ME October 2018 Payroll Month End Medical, Dental & Vision Premiums 48774.24

Vendor: PER05 - CAL PERS 457 PLANDFT0001577 10/11/2018 CAL PERS 457 PLAN INV0006801 Deferred Compensation Deferred comp - ee paid 2854.31DFT0001602 10/25/2018 CAL PERS 457 PLAN INV0006835 Deferred Compensation Deferred comp - ee paid 2854.31DFT0001603 10/25/2018 CAL PERS 457 PLAN INV0006837 Deferred Compensation Deferred comp - ee paid 200

Vendor PER05 - CAL PERS 457 PLAN Total: 5908.62

DFT0001598 10/25/2018 COLONIAL SUPPLEMENTAL INS INV0006831 Colonial Benefits Colonial benefits 371.8

Vendor: EDD01 - EMPLOYMENT DEVELOP. DEPT.DFT0001589 10/11/2018 EMPLOYMENT DEVELOP. DEPT. INV0006815 Payroll-SIT P/R-sit 4087.9DFT0001596 10/11/2018 EMPLOYMENT DEVELOP. DEPT. INV0006817 Payroll-SIT P/R-sit 27.72DFT0001616 10/25/2018 EMPLOYMENT DEVELOP. DEPT. INV0006858 Payroll-SIT P/R-sit 4046.7

Vendor EDD01 - EMPLOYMENT DEVELOP. DEPT. Total: 8162.32

DFT0001580 10/11/2018 HealthEquity INV0006805 HSA-Employee Contribution HSA Contributions Payable 372.08

327 10/11/2018 LINCOLN FINANCIAL GROUP INV0006802 Deferred Compensation Deferred comp - ee paid 1170332 10/25/2018 LINCOLN FINANCIAL GROUP INV0006836 Deferred Compensation Deferred comp - ee paid 1170

Vendor RFS01 - LINCOLN FINANCIAL GROUP Total: 5962.66

Vendor LNL01 - LINCOLN FINANCIAL GROUP Total: 2340

Vendor: RFS01 - LINCOLN FINANCIAL GROUP328 10/11/2018 LINCOLN FINANCIAL GROUP INV0006811 Profit Share Contribution Profit share contributions 2981.33333 10/25/2018 LINCOLN FINANCIAL GROUP INV0006852 Profit Share Contribution

15175.67

Profit share contributions 2981.33

Vendor: LNL01 - LINCOLN FINANCIAL GROUP

DFT0001604 10/25/2018 PUBLIC EMPLOYEES INV0006839 PERS-Classic Employee Portion P/R-state ret. 15175.67

DFT0001607 10/25/2018 SYMETRA LIFE INS CO. INV0006842 Life Insurance Life ins. 293.75

Vendor PER01 - PUBLIC EMPLOYEES Total: 30351.34

Vendor: UNI10 - UNITED STATES TREASURY

Vendor: PER01 - PUBLIC EMPLOYEESDFT0001578 10/11/2018 PUBLIC EMPLOYEES INV0006803 PERS-Classic Employee Portion P/R-state ret.

DFT0001586 10/11/2018 UNITED STATES TREASURY INV0006812 FIT P/R-fit 10069.72DFT0001587 10/11/2018 UNITED STATES TREASURY INV0006813 Payroll-Social Security Tax P/R - ee social security 119.04DFT0001588 10/11/2018 UNITED STATES TREASURY INV0006814 Payroll- Medicare Tax P/R - ee medicare 2669.42DFT0001613 10/25/2018 UNITED STATES TREASURY INV0006855 FIT P/R-fit 9955.64DFT0001614 10/25/2018 UNITED STATES TREASURY INV0006856 Payroll-Social Security Tax P/R - ee social security 571.02DFT0001615 10/25/2018 UNITED STATES TREASURY INV0006857 Payroll- Medicare Tax P/R - ee medicare 2729.56

Vendor UNI10 - UNITED STATES TREASURY Total: 26114.4

Vendor: UWA01 - UNITED WAY OF VENTURA CO.53279 10/11/2018 UNITED WAY OF VENTURA CO. INV0006800 Charity-United Way P/R-charity 3553325 10/25/2018 UNITED WAY OF VENTURA CO. INV0006830 Charity-United Way P/R-charity 35

Vendor UWA01 - UNITED WAY OF VENTURA CO. Total: 70

336 11/02/2018 UNUM LIFE INSURANCE 10-18 PR ME October 2018 Payroll Month End Long term & Short Term dis. human resources 1316.42

Water Treatment Refresher Course-Jerry Lajoie Safety & train 150Vendor: WAT11 - WATERWISE PRO TRAINING

2,721,087.07$

53324 10/16/2018 WIN-911 SOFTWARE 150XT-20181215 Maintenance Support - SCADA software Outsd contracts 1485

Vendor WAT11 - WATERWISE PRO TRAINING Total: 300

345 11/06/2018 Wilmington Trust 20181018-54160A Trustee Fees 2016 Series Fees & charges 2750

53323 10/10/2018 WATERWISE PRO TRAINING SWRCB-Jorge Navarro Water Treatment Refresher Course-Jorge Navarro Safety & train 15053323 10/10/2018 WATERWISE PRO TRAINING SWRCB-Jerry Lajoie

Agenda Item #3 

     

   Board Memorandum 

 November 15, 2018 

To: General Manager  From: Tamara Sexton, Manager of Finance  Subject:   Fiscal Year 2017‐18 Draft Comprehensive Annual Financial Report 

Objective: Receive briefing from Staff on the Fiscal Year (FY) 2017‐18 Draft Comprehensive Annual Financial Report (CAFR). Action Required: No action necessary; for information only.

Discussion: The Draft CAFR contains the FY 2017‐18 end‐of‐year financial statements for the District and contains an unmodified audit opinion.   

Included in the CAFR is a Management Discussion and Analysis (MD&A) of the financial statements, as required under the provisions of Governmental Accounting Standards Board (GASB) Statement 34. The MD&A immediately precedes the draft audited financial statements. 

The report is presented for information and discussion at this time. The Final CAFR will be presented for acceptance at the Board Meeting scheduled for December 13, 2018, and the auditor, Cindy Fanning of Fanning & Karrh, will be present to answer questions. 

Comprehensive Annual Financial Report

For the Fiscal Year Ended June 30, 2018 and June 30, 2017

Board of Directors

Eugene F. West, President

Terry L. Foreman, Vice-President

Al E. Fox, Director

Jeffrey C. Brown, Director

Timothy H. Hoag, Director

General Manager Tony L. Stafford

Prepared By:

Tamara Sexton, Manager of Finance and

Sandra Llamas, Senior Accountant

Camrosa Water District Comprehensive Annual Financial Report

For the Fiscal Year Ended June 30, 2018 and June 2017 Table of Contents

Page Number Introductory Section:

Letter of Transmittal .............................................................................................. i GFOA Certificate of Achievement ......................................................................... xi Organizational Chart ............................................................................................. xvi

Financial Section: Independent Auditor’s Report ............................................................................... 1 Management Discussion and Analysis ................................................................. 4 Financial Statements:

Statements of Net Position ........................................................................ 13 Statements of Revenues, Expenses and Changes in Net Position ........... 15 Statements of Cash Flows......................................................................... 16

Notes to Financial Statements .................................................................. 18 Required Supplementary Information ................................................................... 39 Other Supplementary Information ......................................................................... 41 Independent Auditor’s Report on Internal Control Over Financial

Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards .................................................................................... 44

Statistical Section: Financial Trends:

Net Position by Component: ...................................................................... 49 Changes in Net Position: ........................................................................... 51 Revenues and Capital Contributions by Source ........................................ 53 Connection Fees & Other Contributions .................................................... 54 Operating Expenses by Year..................................................................... 55

Revenue Capacity: Import Water Rates ................................................................................... 57 Historical Water Commodity Rates............................................................ 58 Historical Water Meter Service Charge ..................................................... 59 Historical Sewer Rates .............................................................................. 59 Historical Billed Wastewater Connections ................................................. 60 Historical Billed Water Connections .......................................................... 61 Ten Largest Water Customers .................................................................. 62 Ten Largest Wastewater Customers ......................................................... 63 Water Deliveries by Class ......................................................................... 65 Assessed Valuation of Taxable Property................................................... 67 Secured Tax Charges and Delinquencies ................................................. 67

Debt Capacity: Total Outstanding Debt ............................................................................. 69 Water and Wastewater Debt Service Coverage ........................................ 70

Operational Information: Water Demand/Sources ............................................................................ 73 District Facilities Information...................................................................... 75 Historical Capital Assets ............................................................................ 76

Demographic & Economic Information: Demographic and Economic Statistics ...................................................... 79

Index of Figures and Tables

Figures Figure 1 - District Boundaries .........................................................................................ii Figure 2 - Historical Rainfall ............................................................................................v Figure 3 - Historical Acre-Feet Deliveries .......................................................................vi Figure 4 – Percentage of Imported Water in Total Water Supply ...................................vii Figure 5 – Historical Water Sources ...............................................................................viii Figure 6 – Projected Cost of Imported Water .................................................................ix Figure 7 - Financial Highlights ........................................................................................4 Figure 8 - Historical Revenues and Capital Contributions by Source .............................53 Figure 9 - Historical Connection Fees & Other Contributions .........................................54 Figure 10 - Historical Operating Expenses .....................................................................55 Figure 11 - Historical Imported Water Rates ...................................................................57 Figure 12 - Historical Billed Wastewater Connections ....................................................60 Figure 13 - Historical Billed Water Connections .............................................................61 Figure 14 - Potable Water Deliveries by Customer Class ...............................................66 Figure 15 - Non-Potable Water Deliveries by Customer Class .......................................66 Figure 16 - Outstanding Debt ..........................................................................................69 Figure 17 - Historical Water Demand by Source ............................................................74 Figure 18 - Historical Capital Assets ...............................................................................76 Figure 19 - Population Ten Years ...................................................................................79 Figure 20 - City of Camarillo Unemployment Rate .........................................................79 Tables Table 1 - Net Position by Component .............................................................................49 Table 2 - Changes in Net Position ..................................................................................51 Table 3 - Revenues and Capital Contributions by Source ..............................................53 Table 4 - Connection Fees & Other Contributions ..........................................................54 Table 5 - Historical Operating Expenses ........................................................................55 Table 6 - Historical Imported Water Rates ......................................................................57 Table 7 - Historical Water Commodity Rates ..................................................................58 Table 8 - Historical Water Meter Service Charge ...........................................................59 Table 9 - Historical Sewer Rates ....................................................................................59 Table 10 - Historical Billed Wastewater Connections .....................................................60 Table 11 - Historical Billed Water Connections ...............................................................61 Table 12 - Ten Largest Water Customers .......................................................................62 Table 13 - Ten Largest Wastewater Customers .............................................................63 Table 14 - Water Deliveries by Class ..............................................................................65 Table 15 - Historical Assessed Valuations ......................................................................67 Table 16 - Total Outstanding Debt ..................................................................................69 Table 17 - Historical Water Debt Coverage ....................................................................70 Table 18 - Historical Wastewater Debt Coverage ...........................................................70 Table 19 - Historical Water Demand/Sources .................................................................73 Table 20 - District Facilities Information ..........................................................................75 Table 21 - Historical Capital Assets ................................................................................76 Table 22 - Demographic and Economic Statistics ..........................................................79

Introductory Section

i

December 13, 2018 Members of the Board of Directors Camrosa Water District Letter of Transmittal It is our pleasure to submit Camrosa Water District’s Annual Financial Report for the fiscal year ending June 30, 2018 (FY2017-18). This report was prepared pursuant to the guidelines set forth by the Governmental Accounting Standards Board (GASB). District staff prepared this financial report in conjunction with an unmodified opinion issued by the independent audit firm Fanning & Karrh. The Independent Auditor’s Report is located at the front of the Financial Section of this document. Management’s Discussion and Analysis (MD&A) immediately follows the Independent Auditor’s Report and provides a narrative introduction, overview and analysis of the basic financial statements. The MD&A complements this letter of transmittal and should be read in conjunction with it. This report consists of management’s representations concerning the finances of Camrosa Water District. Consequently, management assumes full responsibility for the completeness and reliability of the information presented in this report. To provide a reasonable basis for making these representations, the District has established a comprehensive internal control framework that is designed both to protect the District’s assets from loss, theft or misuse, and to compile sufficient reliable information for the preparation of the District’s financial statements in conformity with generally accepted accounting practices (GAAP). Because the cost of internal control should not outweigh its benefits, the District’s comprehensive framework of internal controls has been designed to provide reasonable, rather than absolute, assurance that the financial statements will be free from material misstatement. Management asserts that to the best of our knowledge, this financial report is complete and reliable in all material aspects. District Structure and Leadership The Camrosa Water District is an independent special district, which operates under the authority of Division 12 of the California Water Code. The District is governed by a five-member Board of Directors, elected at large from within the District’s service area. Director Title Division Expiration of Term Occupation

Eugene F. West President Division 4 November 2020 Attorney

Terry L. Foreman Vice-President Division 5 November 2018 Geologist/Hydrogeologist

Al E. Fox Director Division 1 November 2018 Realtor

Jeffrey C. Brown Director Division 2 November 2018 Investment Consultant

Timothy H. Hoag Director Division 3 November 2020 Pharmacist/Teacher

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General Manager Daily operation of the District falls under the responsibility of the General Manager, Tony Stafford. The General Manager administers the day-to-day operations of the District in accordance with policies and procedures established by the Board of Directors. As General Manager, Mr. Stafford is responsible for the general oversight of the production and distribution of potable and non-potable water, as well as wastewater collection, treatment and water recycling at the Camrosa Water Reclamation Facility (CWRF). The District employs a full-time staff of 25 employees and two part-time students as of June 30, 2018. The District’s Board of Directors meets on the second and fourth Thursday of each month. Meetings are publicly noticed and the public are welcome to attend. District Services Currently, the District provides three classes of water (potable, non-potable, and recycled) to a population of more than 30,000 people through approximately 11,006 meters, which includes three master metered communities. The majority of these connections are municipal and industrial, and the remainder (96 as of June 2018) is agricultural.

Figure 1 – District Boundaries Potable water is a blend of imported State Water Project (SWP) water from the Sacramento-San Joaquin Delta and local groundwater. SWP water is imported via Metropolitan Water District (MWD) and accounts for approximately 48% of potable supplies. The remaining 52% is

iii

groundwater that is treated at the wellhead and then pumped into the distribution system, either directly or after blending. The non-potable water the District serves is a combination of surface water diverted from Conejo Creek and local groundwater, and recycled water, which is a tertiary-treated product from the CWRF. In FY2017-18 the District delivered 7,603 acre-feet (AF) potable water, 7,190 AF non-potable water and 958 AF of recycled water, totaling 15,751 AF to its customers. Residential customers make up approximately 88% (number of metered connections) of the District’s customer base and consume approximately 35% of the water provided annually by the District. Wastewater service is limited to 4,979 connections, which includes 8,843 equivalent dwelling units (EDUs), in a portion of the City of Camarillo and a sliver of the City of Thousand Oaks; the remainder of the District is either served by the Camarillo Sanitary District or on septic systems. Mission and Vision Statement

In October 2008, the Board of Directors completed a long-range Strategic Plan. The Board reevaluated the core business services the District provides to its customers and established the following objectives as the primary strategy to fulfill the District’s mission:

Develop independence from imported water deliveries Develop water reliability Affordable water and wastewater services Provide high quality water Strengthen the District’s financial position Fully develop staff potential Improve systems operations and maintenance Educate customers Protect water supplies Exceed all regulatory standards

Our Mission The Mission of Camrosa Water District is to meet the current and future needs of the community for water and sanitary services. Our products and services will be reliable, affordable, responsive and of high quality. At the same time, the District will prudently manage and maintain the District's assets, honor the public’s trust, and maintain public awareness and confidence in the District’s activities. Our Vision Camrosa is a dynamic, resource-independent public entity that provides highly efficient and responsive service to its water and wastewater customers. The Board is prudent in the management of public resources and innovative in using modern tools to maintain system reliability and financial strength. The District is a lean organization, led by a cohesive Board and staffed by an honest, enthusiastic, highly competent and focused team, who find their work challenging and enjoyable and who have earned the trust of their well-informed customers.

iv

Economic Condition and Outlook Four main issues impacting the District are California’s variable weather, the increasing cost of imported water, effective management of the District’s capital assets to provide high-quality service and reliability at affordable rates, and new state mandates. These issues require that the District continue its pursuit of self-reliance to maintain control over the cost of imported water and ensure the maintenance and preservation of its infrastructure assets, efficient use of water, and active involvement with state regulatory agencies. California’s Variable Weather California experiences significant weather volatility. In the last three years, Southern California has seen the wettest and driest months on record, and this winter saw the largest fire in Southern California’s history followed by the tragic debris flows in Montecito. These dramatic weather swings exemplify the difficulty of forecasting water sales and highlight the necessity of maintaining a conservative financial outlook. The FY2015-16 rainy season delivered significant rainfall in northern California, but precipitation remained about a third of normal in the southland, conservation measures and practices remained in effect, and water sales remained low. The FY2016-17 rainy season saw record-breaking rainfall across the state, which replenished surface and groundwater storage but also resulted in reduced water sales. However, the state has faced another dry year, with the first significant rainfall not occurring until February. DWR announced that it will limit SWP allocations to 30%, up from the initial 15% allocation in December and the 20% announced in January. (A 100% allocation is rare even in wet years due to Delta pumping restrictions to protect threatened and endangered fish species; the last 100% allocation was in 2006.) Snowpack in the Sierra Nevada usually accounts for about a third of the state’s water supply. DWR’s Final Snow Survey of 2018 reported that the water content of California snowpack was 52% of its historical average, a significant decline from the Snow Survey of 2017 that reported 183% of average.

v

Locally, rainfall through June 30th was 6.84 inches, recorded from the Leisure Village CIMIS station, which is less than the ten-year average rainfall for the District of 9.37 inches a year and well below the historical average of 15.2 inches a year. By comparison, in FY2016-17, the area received 17.6 inches of rain. After 2017’s above average rainfall, Californians appeared to develop the sense that the state drought was over and began lessening conservation practices, resulting in higher water demands in FY2017-18.

Figure 2 – Historical Rainfall

0

5

10

15

20

25

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Inc

he

s

Fiscal Year

Average Rainfall Fiscal Years 2009‐2018

Annual Rainfall Average Rainfall 9.37 Historical Rainfall 15.2

vi

In general terms, the District went from delivering approximately 16,500 acre-feet (AF) before the drought to slightly less than 13,000 AF in FY2015-16. Camrosa has experienced increased water sales in FY2016-17 and FY2017-18, after the Water Supply Shortage was completely removed in May of 2017 and concerted conservation practices have waned. Water sales of 14,587 AF in FY2016-17, increased to 15,751 in FY2017-18, up 1,164 AF from the previous year.

Figure 3 – Historical Acre-Feet Deliveries

Imported Water Rates

State Water Project (SWP) water, imported from the Sacramento-San Joaquin Delta by Metropolitan Water District of Southern California (MWD) and delivered via Calleguas Municipal Water District (CMWD), is the most expensive water in Camrosa’s supply portfolio. It has been the strategy of the District to reduce dependence on imported water by developing local resources and the graph below reflects those efforts.

16,5

91

14,3

34

13,9

59

14,2

00

16,0

17 16,9

78

14,9

45

12,8

67

14,5

87 15,7

51

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Acr

e-F

eet

Fiscal Year

Total Acre-Feet Deliveries

vii

Figure 4 – Percentage of Imported Water in Total Water Supply

Camrosa continues to move toward self-reliance and reduce its dependence on the SWP through the development of local projects; one well was returned to potable service in FY2017-18 after twenty years of inactivity, FY2018-19 should see the addition of one new well to the District’s supply portfolio, and studies will be initiated on future local production facilities. Reducing the proportion of Camrosa’s water supply that comes from the SWP helps mitigate the effects of reduced water sales; although total revenue is lower, less of that total goes to cover the cost of imported water and can be redirected instead into additional local-resource projects. The following graph demonstrates the effects of Camrosa’s commitment to building self-reliance over the last 17 years. Since the Conejo Creek Project/Non-Potable Surface Water came online in 2003, Camrosa’s demand on imported water has fallen off dramatically. Optimizing operations—filling reservoirs, moving water, blending water—has also allowed us to further reduce imported demands. Reductions in total water use since 2015 reflect emergency conservation regulations mandated during the drought through 2017, residual efficient water use since the drought, a wet winter of 2017, and a cool and somewhat wet first half of 2018.

viii

Figure 5 – Historical Water Sources

Imported water is the single largest expense of the District, and the expectation that wholesale rates will continue to escalate provides another incentive to increase self-reliance. In 2018, the MWD Tier 1 wholesale rates increased by 3.7% and in 2019 the Tier 1 wholesale rates will increase by an additional 3.45%. In addition to MWD’s rate increases, CMWD increased its Capital Construction Surcharge, Readiness-to-Serve Charge, and Capacity Reservation Charge, for a combined wholesale rate increase to the District of approximately 5.8% in 2018 and 3.5% in 2019. Due to careful financial planning, including a 2013 rate study that resulted in a five-year rate schedule, the District has been able to continue providing significantly less volumes of water over the drought without needing to implement revenue-recovery rates, as many districts throughout the state were forced to do. The last of the five-year water rate adjustment was July 2017, and July 2016 for the wastewater enterprise. The District kicked off a comprehensive utility rate study for both water and wastewater in FY2017-18. Included in the study will be a review of commodity component of rates, fixed meter service fees, and the District’s aging infrastructure and preventative maintenance requirements.

0

5,000

10,000

15,000

20,000

25,000

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Acr

e F

eet

Historical Water Sources

Local Groundwater Non-Potable Surface Water Recycled Water Import

ix

The following graph illustrates the projected cost of imported water.

Figure 6 – Projected Cost of Imported Water

Effective Asset Management Camrosa Water District was established in 1962; some of what became the District’s infrastructure predates even that. As the system ages, its value decreases through depreciation and the costs of keeping the system functioning and providing safe, clean drinking water increases. An asset management plan that supports the development, security, preservation, renewal, and replacement of these assets is included in the comprehensive rate study currently underway. Such projects include replacing pipeline segments, rehabilitating and upgrading treatment facilities, reservoir and pump station equipment repairs, and wastewater collection system rehabilitation. Setting aside reserves today for these repairs will prevent the District from being susceptible to untimely financial burdens and ultimately having to excessively raise rates.

Changes in Statewide Water Management On April 10, 2018 the Board of MWD voted to contribute $10.8 billion to help fund the California WaterFix, the nearly $17 billion project that would construct two tunnels to convey Sacramento River water under the Delta. MWD predicts it will add $4.80 to the monthly bill of ratepayers and is less expensive than recycling, desalination, and other local projects. MWD considers the two-tunnel project to be the cheapest and least speculative option for Southern California to secure a continuing water supply in the face of climate variability, environmental restoration efforts, and increasing demands both within California and in neighboring states. Another landmark change in water management that will affect the cost of water is the Sustainable Groundwater Management Act (SGMA) of 2014. SGMA requires the formation of local groundwater sustainability agencies (GSAs) for basins the state determined were high- or medium-priority basins. GSAs are required to assess conditions in their local water basins and

x

develop groundwater sustainability plans (GSPs). These GSPs are intended to define sustainability in the context of the respective basin and chart a path to achieving that by 2040 for high priority basins or 2042 for medium priority basins. The Arroyo Santa Rosa Groundwater Basin was designated as a medium-priority1 basin due to high nitrate concentrations, and the County of Ventura and Camrosa formed a GSA in 2016 to manage the portion of the basin east of the Bailey Fault (outside the Fox Canyon Groundwater Management Agency). Administrative fees to support the operation of the Arroyo Santa Rosa GSA will come from contributions by the County of Ventura and Camrosa. These costs are estimated at $250,000 for FY2018-19 as they include the development of the GSP but are expected to drop significantly after that. In April 2018, the District received news that the Department of Water Resources awarded the Arroyo Santa Rosa GSA a Sustainable Groundwater Planning Grant for half the cost of developing the Santa Rosa GSP, up to $177,081. Work will begin on the GSP in FY2018-19. Projects to reach sustainability will be developed in the GSP process over the course of the next year. Because Camrosa is the primary groundwater producer in the Santa Rosa Basin, pumping by initial estimates over 50% of annual yield, the District has vested interest in developing projects that ensure sustainability. Once the GSP has been developed, estimated costs of sustainability projects will be included in the budgeting process.

State Mandates Regulations implementing the Governor’s Executive Order B-37-16, “Making Conservation a Way of Life,” and the accessibility and affordability of water are front and center at the State Water Board and California Legislature. The programs resulting from these two broad policy developments could have significant impacts on California’s water agencies. Conservation as a Way of Life The permanent regulations being developed by the SWRCB and other state agencies effectively impose allocation-based water management on urban water agencies across the state. By the end of 2018, the state anticipates providing each urban water agency with a “water use target” composed of residential indoor water use, outdoor irrigation water use, and a water loss budget. Commercial/industrial/institutional water use will be subtracted from total water production, but the State anticipates developing performance measures for that sector. It is unknown at this time how such budgets will compare to historical water-use patterns, though the assumption is they are likely to constitute moderate to significant reductions from historical averages. Financial forecasting will be impacted by the imposition of state-mandated water budgets, and by the uncertainty that can be expected over the next few years as the industry transitions to a new management mode. Affordable Water The Low-Income Rate Assistance (LIRA) program, and ongoing efforts to establish a mechanism to fund safe and affordable drinking water programs would as, the State is currently considering structuring the programs, impose a tax on all residential water customers to fund these social programs.

1 On May 18, 2018, the California Department of Water Resources released its draft reprioritization of California’s groundwater basins. The Santa Rosa Basin was reprioritized as a very-low priority basin. A comment period is open from May 28, 2018 to July 28, 2018, and the final reprioritization is expected to be released in October 2018. The Arroyo Santa Rosa GSA determined at its May 31, 2018 Board meeting to continue pursuing a GSP.

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Senate Bill 623 (Monning) and its twin Budget Trailer Bill, and the eleventh-hour transformation of SB 845 sought to establish the Safe and Affordable Drinking Water Fund, which would perpetually provide money for the cleanup and maintenance of contaminated water systems in specific areas of the state—none of which is in Camrosa’s service area. The bills propose that taxes be assessed from residential water users starting at one dollar per month (on meters one inch in diameter or less) and increasing to $10 per month on meters over four inches. This would have amounted to upwards of $120,000 a year flowing from Camrosa ratepayers to Sacramento. Under the proposed arrangement, Camrosa would have been responsible for collecting the tax via a line item on the water bill and sending that money to Sacramento. Camrosa and many other water systems across the state opposed these bills and were happy to see them fail to move out of Congress. AB 401 (Dodd), enacted in 2015, requires that the State establish a LIRA program to protect Californians who struggle to pay for their water bills. The draft report proposes subsidizing households that make less than 200% of the Federal Poverty Level, which amounts to approximately 34% of households. The program is estimated to cost ineligible residential ratepayers between $400M-$700M per year, or $5-$8 a month per resident. While Camrosa supports all communities having safe and reliable drinking water, we don’t believe that using residential water bills as the funding mechanism for a statewide social issue is an appropriate way to distribute the responsibility. We and a large contingent of other water suppliers and advocacy groups have communicated our opposition to this tax to the State through comment letters and public testimony. SB 998, signed by Governor Brown on September 28, 2018, imposes certain requirements and controls on urban and community water systems in California regarding the systems’ ability to shut off residential water service under specified conditions. While many of the requirements of the new law are common practice among water systems, including Camrosa, others could have significant financial impacts; the bill limits the late-payment grace period to no less than 60 days and prohibits charging interest on past-due amounts for customers who demonstrate their household income is less than 200% of the federal poverty limit. The potential financial impact of this new law will be better understood once practices have been established and evaluated for some time. There should be more clarity on these issues by 2019, and a better understanding of their potential impact on rates by 2020. Major Accomplishments during FY2017-18 The District completed a number of capital projects during FY2017-18 that improved potable water, non-potable water, wastewater and general operations. General East Backbone Network This project replaced the Camrosa east radios operating in the ever saturated 5 GHZ with FCC-licensed radios operating at 23 GHZ. The project also provided an increase in throughput from 300 to 400 Mbps. Vault and Server Room Remodel This project renovated both the vault and server room. The vault was repurposed as a high-capacity printing/scanning and copying room and is also being used to house office supplies. Additionally, the server room was upgraded.

xii

Potable Pump Station #1 Rehabilitation This pump station is the sole source of water to Zone 4A. The motor control center and related instrumentation was outdated, and therefore, was replaced to insure operational reliability. Penny Well Activation This project involved the installation of a new submersible pump and motor in a newly rehabilitated well casing along with new well head features that included a retaining wall. In addition, discharge piping, chlorination station, electrical switchgear, control valves, and meters. This project also includes an emergency standby generator and fuel tank. The Penny Well should provide an additional 350 AFY of local water resource supply. University Well Rehabilitation This well feeds the Round Mountain Water Treatment Plant. The repairs included well rehabilitation, overhauling the pump, and adding several modifications to bring it back to operation.

Santa Rosa 9 Well Rehabilitation This project included pulling, inspection, assessment, minor maintenance and re-installation. Wastewater Biosolids Drying Bed Asphalt Replacement The drying beds were built in 1995 with the construction of the new Camrosa Water Reclamation Facility. Biosolids are sent to the beds to dry before being transported to the composting facility. The four drying beds have been repaired due to large holes in the asphalt and areas where the asphalt was very thin. CWRF Repairs and Maintenance The anoxic mixer failed on one of the ditches at the Water Reclamation Facility. The anoxic mixer is required for de-nitrification and must be operational. The ditch was taken out of service and drained so the repair could be made. While out of service, all three gear boxes and attached propellers were completely inspected and rebuilt. CWRF Clarifier Cover This project added covers to the CWRF secondary clarifier weir. This will prevent the growth of algae on the weir surface and greatly reduce the amount of chlorine in the effluent. This project will keep the weirs clean and save greatly on chlorine use.

Internal Control Structure

District management is responsible for the establishment and maintenance of the internal control structure that ensures the assets of the District are protected from loss, theft or misuse. The internal control structure also ensures adequate accounting data is compiled to allow for the preparation of financial statements in conformity with GAAP. The District’s internal control structure is designed to provide reasonable assurance that these objectives are met. The concept of reasonable assurance recognizes (1) the cost of a control should not exceed the benefits likely to be derived, and (2) the valuation of costs and benefits requires estimates and judgments by management. Budgetary Control The District views the budget as an essential tool for proper financial management. The budget is developed with input from the various program managers of the organization and is adopted prior to the start of each fiscal year. Any and all supplemental appropriations to the budget must be approved by the Board of Directors. The Board monitors the budget through Quarterly, Financial Reports, Quarterly Investment Reports, and Year-End Budget Reports.

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Financial Policies The District’s Reserve Policy, the most recent version of which was adopted by Resolution of the Board on May 30, 2012, is intended to assure adequate reserves for ongoing needs while minimizing the need for new debt. The reserve levels established in the policy also help provide rate stabilization and ensure adequate fund levels to meet aging infrastructure replacements, unanticipated emergencies, and future growth. The Board receives reports of the reserve levels during the budget preparation process to ensure continued conformance with long-term Board strategy. The District’s Investment Policy, the most recent version of which was adopted by Resolution of the Board on February 22, 2018, is intended to provide guidelines and restrictions for prudent investment of the District’s cash reserves. The District’s portfolio is carefully monitored by a four-member committee that includes the General Manager, the Manager of Finance, and two Board members. The full Board receives quarterly reports on the type of investments, the current yield, maturity dates, and market value, as appropriate. The criteria for selecting investment options are, in order of priority: safety; liquidity; and yield. Generally, maturities are limited to two-year periods, and at least 25% of the portfolio will be invested in securities that can be liquidated on one day’s notice. Investments are generally limited to government-issued or government-insured securities; for instance, the District currently has approximately $20.7 million invested in the State’s Local Agency Investment Fund (LAIF) as of June 30, 2018. The District formalized and adopted a Debt Management Policy on August 11, 2016. The policy provides the following: 1. establishes criteria for the issuance of debt obligations so that acceptable levels of indebtedness are maintained; 2. transmits the message to investors and rating agencies that the District is committed to sound financial management; and 3. provides consistency and continuity to public policy development when the elected Board of Directors work from guidelines that govern the planning and execution of transactions and projects. The District’s budget is presented as a policy document, an operational tool, a financial planning tool and a link to the Strategic Plan considered a communication tool to the District’s community and stakeholders. The purpose of the Budget Policy is to provide guidelines that will influence and direct the financial management practice of the District. The District’s Budget Policy was adopted by Resolution of the Board on January 26, 2017 to establish procedures ensuring consistent practices for developing the yearly budget. In addition to the basic financial statements, the District includes a Statistical Section, which provides both financial and non-financial trend data about the District and its operations. Audit and Financial Reporting State Law and Bond covenants require the District to obtain an annual audit of its financial statements by an independent certified public accountant. The accounting firm of Fanning & Karrh has conducted the audit of the District’s financial statements. Their unmodified (clean) Independent Auditor’s Report follows. Other Information More information is contained in the Management’s Discussion and Analysis and the Notes to the Basic Financial Statements which follow the Independent Auditor’s Report.

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Awards and Acknowledgements The Government Finance Officers Association of the United States and Canada (GFOA) awarded the Certificate of Achievement for Excellence in Financial Reporting to the District for its Comprehensive Annual Financial Report (CAFR) for the Fiscal Year ended June 30, 2017. This was the third year the District has received this national prestigious award. In order to be awarded a Certificate of Achievement, a government agency must publish an easily readable and efficiently organized CAFR that satisfies both GAAP and applicable legal requirements. A Certificate of Achievement is only valid for a period of one year. Staff believes that its current comprehensive annual financial report continues to meet the Certificate of Achievement Program’s requirements and will submit it to the GFOA to determine its eligibility for another certificate. In addition, the District also received the California Society of Municipal Financial Officer’s (CSMFO) Operating Budgeting Excellence Award for its FY2017-18 annual operating budget document. This program is intended to “encourage and assist local governments to prepare budget documents of the very highest quality that reflect the guidelines established by the National Advisory Council on State and Local Budgeting.” I would like to thank the Board of Directors for their continued interest and support towards achieving excellence in financial management. Additionally, this report could not have been accomplished without the hard work and dedication of Staff. Special recognition is extended to Tamara Sexton, Manager of Finance and Sandra Llamas, Senior Accountant. I would also like to thank all Staff members for the efforts they put into the preparation of this report. District Staff is dedicated to upholding the District’s mission, implementing necessary improvements to operations and infrastructure, and pursuing alternatives to increase self-reliance, while remaining fiscally responsible and accountable to all those whom we serve. Respectfully submitted,

Tony L. Stafford General Manager

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Superintendent

of Operations

General M

anager

District Engineer

Technical Services 

Manager/Inspector

Planning & Data 

Systems Manager

Manager 

of 

Finance

GIS Technician

Public Relations & 

Government A

ffairs 

Representative

Customer 

Accounts 

Representative

Senior A

ccountant

Senior System Operator (1 FTE)

Chief Plant O

perator (1 FTE)

System Operator I‐II (4 FTE)

Temporary/Part‐Time (2 FTE)

Water Quality  

Manager

Water Quality 

Technician

Manager

of 

Customer A

ccounts 

and Business

Senior Customer 

Accounts

Representative

 

Field Service 

Technician

(2 FTE)

Water Resource 

Manager

Administration 

Specialist

Manager

of

Operations

Board of Directors

(Elected Officials)

District 

Legal Counsel

Disrict Auditor

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Financial Section

Insert Auditor’s Report

INSERT Auditor’s Report

INSERT Auditor’s Report

4

Management’s Discussion and Analysis (MD&A) (For the Fiscal Year Ended June 30, 2018 and June 30, 2017)

The following discussion and analysis of the Camrosa Water District’s (District) financial performance during FY2017-18 provides an overview of the District’s operational activities that impacted the financial performance of the District. It should be reviewed in conjunction with the transmittal letter and the District’s basic financial statements that begin on 13. Financial Highlights The following chart displays FY2017-18 financial changes in comparison to FY2016-17 and FY2015-16:

In FY2017-18, the District’s net position increased 5.8%, or $3.6 million, to $65.6 million. In FY2016-17, the District’s net position increased by 7.2%, or $4.2 million to $62.0 million.

In FY2017-18, the District’s revenue before capital contributions and grants increased by 18.1%, or $3.6 million, due primarily to increase in water consumption sales. In FY2016-17, the District’s revenue before capital contributions and grants increased by 7%, or $1.3 million.

In FY2017-18, the District’s expenses increased by 14.7%, or $2.6 million, which is mostly due to increased water purchases. In FY2016-17, the District’s expenses increased 4.1%, or $0.7 million.

Figure 7 – Financial Highlights

$-

$10,000,000

$20,000,000

$30,000,000

$40,000,000

$50,000,000

$60,000,000

$70,000,000

Net Position Revenues Expenses

2016

2017

2018

5

Required Financial Statements This annual report consists of a series of financial statements with accompanying notes. The Statements of Net Position reflects the solubility of the District at the end of FY2017-18 and provides a comparison of assets and liabilities as they existed at the end of the prior fiscal year. The Statements of Revenues, Expenses and Changes in Net Position compares operational results from FY2017-18 with FY2016-17. The Statements of Cash Flows provides information about the District’s cash receipts and cash payments during the reporting period. Method of Accounting: The District uses a single enterprise fund for accounting and reporting the results of all operations. The statements referenced above include all assets and liabilities using an accrual basis of accounting, which is similar to accounting used by most private-sector companies. Accrual of the current year’s revenues and expenses are taken into account regardless of when cash is received or paid. Notes to Financial Statements: The notes that follow the financial statements provide additional information that is essential to a full understanding of the data provided in the financial statements. The notes to the financial statements can be found on pages 18-38. District as a Whole The District is operated and reported as a single enterprise fund. The operating results reported in the accompanying financial statements reflect the total performance of the District as a whole. Net Position Analysis One way of evaluating the District’s financial health is through the Statements of Net Position. Over time, increases or decreases in the District’s net position – the difference between assets (what the District owns) and deferred outflows of resources and liabilities (what the District owes) and deferred inflows of resources – indicate whether its financial health is improving or deteriorating. Other non-financial factors, such as changes in the District’s jurisdiction, the status of capital projects, and the level of continuing constituent support, must always be considered in assessing the overall health of the District.

6

The following is a summary of the Statements of Net Position of the District and the change in comparison to the two prior fiscal years:

If net position serves as a useful indicator of an institution’s financial position, the District’s assets and deferred outflows of resources exceeded its liabilities and deferred inflows of resources by $65.6 million at June 30, 2018 and by $62.0 million at June 30, 2017, which indicate it is of sound financial health. By far the largest portion of the District’s net position reflect Net Investment in Capital Assets, which represent Capital Assets, net of accumulated depreciation, less any related debt used to acquire those assets plus any unspent funds. The District uses these capital assets to provide services to customers within the District’s service area; consequently, these assets are not available for future spending. For the year ended June 30, 2018, Total Net Position increased by $3.6 million and by $4.2 million for the year ended June 30, 2017. In FY2017-18 Current Assets increased by $4.0 million due to increased Net Operating and Non-Operating Revenues. The increase of $0.2 million in Deferred Outflows of Resources is related to pension liability activities. Restricted

Net Position

(in millions)

Assets 2018 2017 Change 2016 ChangeCurrent Assets $25.8 $21.8 $4.0 $18.9 $2.9Restricted Cash 7.8 8.3 (0.5) 2.0 6.3Capital Assets (net of depreciation) 53.9 54.5 (0.6) 53.8 0.7Other Non-Current Assets 0.9 1.0 (0.1) 1.8 (0.8)

Total Assets 88.4 85.6 2.8 76.5 9.1

Deferred Outflows of Resources 2.1 1.9 0.2 0.5 1.4Total Assets and Deferred Outflows of Resources

$90.5 $87.5 $3.0 $77.0 $10.5

LiabilitiesLong-Term Debt $16.7 $18.4 $1.7 $12.8 ($5.6)Net Pension Liability 4.5 3.9 (0.6) 2.7 (1.2)Other Liabilities 3.3 2.7 (0.6) 2.8 0.1

Total Liabilities 24.5 25.0 0.5 18.3 (6.7)

Deferred Inflows of Resources 0.4 0.5 0.1 0.9 0.4Total Liabilities and Deferred Inflows of Resources

$24.9 $25.5 $0.6 $19.2 ($6.3)

Net Position

Net Investment in Capital Assets $43.9 $43.5 $0.4 $43.0 $0.5Unrestricted Net Position 21.7 18.5 3.2 14.8 3.7

Total Net Position $65.6 $62.0 $3.6 $57.8 $4.2

7

Cash, Capital Assets and Other Current Assets decreased by $1.2 million. Liabilities decreased by $0.5 million mainly as a result of principal payment of existing long term debt. In FY2016-17, Current Assets increased by $2.9 million mainly due to receipt of capital, in-lieu, and mitigation fees from developers. Restricted Cash increased by $6.3 million mainly as a result of issuance of Water and Wastewater Refunding Revenue Bonds Series 2016A, for water projects. Deferred Outflows of Resources increased by $1.4 million due to pension liability related activities. Long-Term Debt increased by $5.6 million due to additional debt incurred with the issuance of the 2016A Revenue Bonds, and Net Pension Liability and Deferred Inflows of Resources had a combined increase of $0.8 million. The District’s Long-Term Debt decreased by $1.7 million in FY2017-18 due to scheduled principal payments. In FY2016-17, Long-Term Debt increased by $5.6 million as a result of issuance of the 2016A Revenue Bonds and offset by the refunding of the 2011A Revenue Bonds (See Note 5 in the Notes to Financial Statements).

The following is a summary of the Statements of Revenues, Expenses and Changes in Net Position of the District with a comparison to the two prior fiscal years:

Revenue Revenue generated from operations produces more than 94% of total revenue. Non-Operating Revenues, such as taxes and interest revenue make up the remainder. Water rates are comprised of a commodity (usage) charge and a fixed meter service fee. Sewer rates are a fixed fee, billed monthly. The District conducted a Proposition 218 public hearing on April 24, 2013, at which the Board adopted a five-year rate schedule that includes various increases for the commodity and meter service charges for both water and wastewater services.

2018 2017 Change 2016 ChangeBeginning Balance $62.0 $57.8 $4.2 $53.5 $4.3Operating Revenues 22.4 19.0 3.4 17.8 1.2Operating Expenses (19.6) (16.9) (2.7) (16.4) (0.5)Non-Operating Revenues 1.0 0.8 0.2 0.7 0.1Non-Operating Expenses (0.6) (0.7) 0.1 (0.5) (0.2)Capital Contributions 0.3 1.9 (1.6) 2.1 (0.2)Grants 0.1 0.1 0.0 0.6 (0.5)

*Please refer to note 7- Restatement of Net Position

Changes in Net Position(in millions)

$3.6 *Total Net Position $62.0 $57.8 $4.2 $65.6

8

The Statement of Revenues, Expenses and Changes in Net Position provides answers as to the nature and source of the changes of financial position. The following summary of revenues by source is provided for the past three fiscal years:

The District’s Operating Revenue increased by $3.4 million in FY2017-18 and by $1.2 million in FY2016-17. The increase in FY2017-18 was due mainly to increased water sales as a result of dry weather conditions, increased demand, and an increase in the volumetric water and fixed meter service fee rates effective July 2017. The increase in FY2016-17 was due to increased water demand attributable to the removal of Stage 2 Water Supply Shortage and an increase in the volumetric water and fixed meter service fee rates. The District’s Non-Operating Revenue increased by $0.2 in FY2017-18 and by $0.1 in FY2016-17. The increase in both years is due to increased interest income as a result of increasing interest rates.

Operating Revenues 2018 2017 Change 2016 ChangeWater Revenue $16.2 $13.1 $3.1 $12.1 $1.0 Meter Revenue 2.6 2.5 0.1 2.3 0.2Sewer Revenue 3.3 3.2 0.1 3.2 0.0Other 0.3 0.2 0.1 0.2 0.0

Total Operating Revenues $22.4 $19.0 $3.4 $17.8 $1.2

Non-Operating RevenuesProperty Taxes $0.6 $0.6 $0.0 $0.6 $0.0 Interest Income 0.4 0.2 0.2 0.1 0.1Gain on Sale of Asset 0.0 0.0 0.0 0.0 0.0

Total Non-Operating Revenues $1.0 $0.8 $0.2 $0.7 $0.1

Total Revenues Before Capital Contributions and Grants

Capital Contributions $0.3 $1.8 ($1.5) $2.1 ($0.3)Capital Grant Income 0.1 0.1 0.0 0.1 0.0

Total Revenues After Capital Contributions and Grants

Total Revenues(in millions)

$23.4 $19.8 $3.6 $18.5 $1.3

$20.7 $1.0 $23.8 $21.7 $2.1

9

Expenses Expenses for Water Purchases and Utilities represent 55% of total Direct Operating Expenses while Salaries and Benefits account for 22%. All other expenses account for 23% of the total Direct Operating Expenses for the period. The following summary of expenses by category is provided for the past three fiscal years:

Total Direct Operating Expenses increased by $2.6 million in FY2017-18 and by $0.3 in FY2016-17. The increase in FY2017-18 is a result of higher water demand, water production and imported water purchases. The increase in FY2016-17 is mainly a result of the addition of two new positions and enhanced employee benefits. Total Non-Operating Expenses decreased by $0.1 million in FY2017-18 and increased by $0.2 million in FY2016-17. Both fluctuations are due to debt issuance cost related to the 2016A Revenue Bonds in FY2016-17. No debt was issued in FY2017-18, and therefore, there were no debt issuance costs.

Operating Expenses 2018 2017 Change 2016 ChangeWater Purchases $7.9 $6.5 $1.4 $7.1 ($0.6)Salaries and Benefits 3.7 3.4 0.3 2.6 0.8Utilities 1.4 1.2 0.2 1.3 (0.1)Other 3.9 3.2 0.7 3.0 0.2

Direct Operating Expenses $16.9 $14.3 $2.6 $14.0 $0.3

Depreciation 2.7 2.6 0.1 2.4 0.2Total Operating Expenses $19.6 $16.9 $2.7 $16.4 $0.5

Non-Operating ExpensesDebt Issuance Cost $0.0 $0.2 ($0.2) $0.0 $0.2Interest Expense 0.6 0.5 0.1 0.5 0.0

Total Non-Operating Expenses $0.6 $0.7 ($0.1) $0.5 $0.2

Total Expenses $20.2 $17.6 $2.6 $16.9 $0.7

Total Expenses(in millions)

10

Capital Assets and Debt Administration

Total Capital Assets increased $2.1 million (before depreciation) during the FY2017-18 and by $3.2 million during FY2016-17, reflecting a net increase in the value of the Water Plant, Sanitation Plant and Construction in Progress. Please see note 4, page 25, to the basic financial statements for further detail. Several water system projects were completed during the fiscal year, including the Penny Well Activation, which will provide an additional 350 AFY of local water resource supply. Other water projects completed during FY2017-18 include the Santa Rosa #9 Well Rehabilitation, Pump Station #1 Rehabilitation and the University Well Rehabilitation. Wastewater system projects completed during the fiscal year include the Biosolids Drying Bed Asphalt Replacement, CWRF Repairs and Maintenance, and the CWRF Clarifier Covers. Within the category of buildings and equipment projects completed during FY2017-18 include East Backbone Network and Vault and Server Room Remodel. Debt Administration At year-end, the District had the following long-term debt obligation:

2016A Water and Wastewater Refunding Revenue Bonds $13,858,439 2012 Water and Wastewater Refunding Revenue Bonds 1,120,011 Total Long-Term Debt (net of current $1,736,208) $14,978,450

The Series 2012 Refunding Revenue Bond is the refunding of the 2001 Refunding Revenue Bond. Refunding resulted in more than $784,000 in net present value savings and in lower debt service payments to the District. The District issued $9,630,000 in 2011A project bonds in September 2011. Proceeds of the bonds were designated to fund $6,508,000 of water capital projects and $2,447,000 of wastewater capital projects. In September 2016, District advance refunded the 2011A bonds and obtained additional funding in the amount of $6,000,000, with the issuance of the Water and Wastewater Refunding Revenue Bonds Series 2016A, for water projects. Please see note 5, page 26, to the basic financial statements for further discussion.

Capital Assets 2018 2017 Change 2016 ChangeWater Plant $66.9 $64.8 $2.1 $63.4 $1.4Sanitation Plant 30.8 29.8 1.0 29.1 0.7Buildings & Equipment 3.3 3.1 0.2 2.8 0.3Land and Easements 1.6 1.3 0.3 1.4 (0.1)Construction in Progress 1.9 3.4 (1.5) 2.5 0.9

$104.5 $102.4 $2.1 $99.2 $3.2

Less Accumulated Depreciation 50.5 47.9 2.6 45.4 2.5Net Capital Assets $54.0 $54.5 ($0.5) $53.8 $0.7

Net Capital Assets(in millions)

11

Requests for Information This financial report is designed to provide a general overview for all those with an interest in the District’s finances. Questions concerning any of the information provided in this report or requests for additional financial information should be addressed to the General Manager, 7385 Santa Rosa Road, Camarillo, CA 93012.

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Camrosa Water District

Statements of Net Position June 30, 2018 and 2017

The Notes To The Financial Statements Are An Integral Part Of These Statements. 13

Assets Notes 2018 2017

Current AssetsCash and Cash Equivalents 2 $ 22,420,563 $ 18,855,767 Restricted Cash and Cash Equivalents 427,897 342,204 Receivables:

Customer - Net of Allowance for Doubtful Accounts of $7,500 and $7,500 at June 30, 2018 and 2017, respectively 2,324,395 2,069,628 Interest 114,737 50,812 Property Taxes 32,200 17,686 Grants and Other Reimbursements 152,486 187,899

Prepaid Expenses and Other Current Assets 256,968 185,245

Current Portion of Note Receivable 3 82,991 78,559

Total Current Assets 25,812,237 21,787,800

Non-current AssetsRestricted Cash and Cash Equivalents 2 7,792,083 8,352,285

Certificates of Deposit 2 738,935 748,561

Capital Assets Not Being Depreciated 4 3,512,448 4,732,863 Capital Assets Being Depreciated 4 50,411,949 49,726,646

Note Receivable, Net of Current Portion 3 117,980 200,971

Total Non-current Assets 62,573,395 63,761,326

Total Assets 88,385,632 85,549,126

Deferred Outflows of ResourcesDeferred Loss From Debt Refunding 824,997 916,447 Deferred Outflows Related to Pensions 9 1,295,359 953,018

Total Deferred Outflows of Resources 2,120,356 1,869,465

Camrosa Water District

Statements of Net Position (Continued) June 30, 2018 and 2017

The Notes To The Financial Statements Are An Integral Part Of These Statements. 14

Liabilities Notes 2018 2017

Current LiabilitiesAccounts Payable 2,314,349 1,836,797 Accrued Interest Payable 263,788 288,991 Wages, Benefits and Payroll Taxes Payable 114,618 103,777 Current Portion of Compensated Absences 212,844 178,106 Customer Surety Deposits 157,378 43,815 Other Liabilities 51,061 66,328 Current Portion of Long-Term Debt 5 1,736,208 1,671,208

Total Current Liabilities 4,850,246 4,189,022

Long-Term LiabilitiesLong-Term Debt, Net of Current Portion 5 14,978,450 16,714,658 Compensated Absences, Net of Current Portion 148,307 176,428 Net Pension Liability 9 4,521,229 3,920,511

Total Long-Term Liabilities 19,647,986 20,811,597

Total Liabilities 24,498,232 25,000,619

Deferred Inflows of Resources

Deferred Inflows related to Pensions 9 386,540 467,202

Net PositionNet Investment in Capital Assets 43,930,663 43,454,256 Unrestricted Net Position 21,690,553 18,496,514

Total Net Position $ 65,621,216 $ 61,950,770

Camrosa Water District

Statements of Revenues, Expenses and Changes in Net Position For the Fiscal Year Ended June 30, 2018 and June 30, 2017

The Notes To The Financial Statements Are An Integral Part Of These Statements. 15

Notes 2018 2017Operating Revenues

Potable Water Sales $ 10,834,922 $ 8,942,409 Non-Potable Water Sales 5,400,519 4,142,094 Meter Service Fees 2,557,753 2,488,157 Sewer Service Fess 3,314,305 3,267,395 Other Revenue 324,256 159,719

Total Operating Revenues 22,431,755 18,999,774

Operating ExpensesPotable Water Purchases 6,191,640 5,446,493 Non-Potable Water Purchases 1,699,343 1,054,322 Salaries 2,457,385 2,275,717 Employee Benefits 1,282,627 1,117,259 Outside Contracts 1,200,415 1,183,218 Professional Services 177,493 130,378 Utilities 1,426,842 1,240,947 Communications 67,431 59,471 Repairs and Maintenance 1,435,959 850,607 Supplies 471,982 452,481 Legal Services 26,263 45,050 Dues and Subscriptions 38,245 34,988 Conference and Travel 23,313 22,623 Safety and Training 38,762 39,117 Board 113,720 102,985 Bad Debt 6,994 8,514 Fees andCharges 156,170 136,072 Insurance 83,305 75,872 Depreciation 2,684,495 2,601,408

Total Operating Expenses 19,582,384 16,877,522

Operating Income 2,849,371 2,122,252

Non-Operating RevenuesInvestment Income 391,082 188,496 Gain on Sale of Asset 10,146 11,260 Property Taxes 657,620 582,211

Total Non-Operating Revenues 1,058,848 781,967

Non-Operating ExpensesInterest Expense (561,227) (486,119) Debt Issuance Costs (227,159)

Total Non-Operating Expenses (561,227) (713,278)

Income Before Capital Contributions and Grants 3,346,992 2,190,941

Capital Contributions 6 255,935 1,842,037 Capital Grant Income 67,519 93,091

Change in Net Position 3,670,446 4,126,069

Net Position at Beginning of Year, Restated 61,950,770 57,824,701

Net Position at End of Year $ 65,621,216 $ 61,950,770

Camrosa Water District

Statements of Cash Flows For the Fiscal Year Ended June 30, 2018 and June 30, 2017

The Notes To The Financial Statements Are An Integral Part Of These Statements. 16

2018 2017

Cash Flows From Operating ActivitiesCash Received from User Charges $ 21,965,521 $ 19,545,057 Other Operating Receipts 196,200 76,828 Cash Payments to Employees (2,442,189) (2,224,364) Cash Payments for Operating Expenses (13,854,700) (12,045,150)

Net Cash Provided/(Used) By Operating Activities 5,864,832 5,352,371

Cash Flows From Noncapital Financing ActivitiesProperty Taxes 643,106 573,322 Surety Deposits 113,563 36,775

Net Cash Provided/(Used) By Non-Capital Financing Activities 756,669 610,097

Cash Flows From Capital and Related Financing ActivitiesPurchases of Capital Assets (2,051,997) (2,863,763) Proceeds from Water and Sewer Capital Fees 158,549 1,484,132 Receipt of Grants and Other Reimbursements 102,933 849,036 Payments Received on Capital Note Receivable 78,559 74,365 Proceeds from Sale of Capital Assets 10,146 11,260 Proceeds from Borrowing - 6,878,531 Repayment of Long-Term Debt (1,525,000) (1,445,000) Interest Payments (641,187) (493,929)

Net Cash Provided/(Used) By Capital and Related Financing Activities (3,867,997) 4,494,632

Cash Flows From Investing ActivitiesInterest Income 336,783 165,501

Net Cash Provided/(Used) By Investing Activities 336,783 165,501

Net Increase/(Decrease) in Cash and Cash Equivalents 3,090,287 10,622,601

Cash and Cash Equivalents at Beginning of Year 27,550,256 16,927,655

Cash and Cash Equivalents at End of Year $ 30,640,543 $ 27,550,256

Camrosa Water District

Statements of Cash Flows (Continued) For the Fiscal Year Ended June 30, 2018 and June 30, 2017

The Notes To The Financial Statements Are An Integral Part Of These Statements. 17

2018 2017

Cash Flows From Operating ActivitiesOperating Income $ 2,849,371 $ 2,122,252 Adjustments to Reconcile Operating Net Income to Net

Cash Provided/(Used) by Operating ActivitiesDepreciation 2,684,495 2,601,408 Pension Contribution in Excess of Pension Expense 177,714 147,513

(Increase)Decrease in Operating AssetsCustomer Receivable (254,767) 604,273 Prepaid Expenses and Other Current Assets (71,723) 97,694

Increase/(Decrease) in Operating LiabilitiesAccounts Payable 477,552 (282,869) Wages, Benefits and Payroll Taxes Payable 10,841 4,885 Compensated Absences 6,617 39,377 Other Current Liabilities (15,268) 17,838

Net Cash Provided/(Used) By Operating Activities $ 5,864,832 $ 5,352,371

Non-Cash Capital and Related Financing Activities Donated Easement $ 97,386 $ 357,905

Acceptance of water insfrastructure improvements

Camrosa Water District Notes to Financial Statements

For the Fiscal Year Ended June 30, 2018 and June 30, 2017

18

Note 1 - Summary of Significant Accounting Policies A. Organization and Operation of the Reporting Entity The Camrosa Water District (District), a special district of the State of California, was created in 1962 and operates under the authority of Division 12 of the California Water Code. The District is primarily engaged in the activities of selling and delivering water and collecting and treating sewage. The District’s service area includes portions of the cities of Camarillo, Thousand Oaks and Moorpark, and an unincorporated portion of the County of Ventura. The District’s five-member Board of Directors comprises representatives from five geographical divisions of the District who are elected at large. The District’s financial statements are prepared in accordance with generally accepted accounting principles (GAAP). The Governmental Accounting Standards Board (GASB) is responsible for establishing GAAP for state and local governments through its pronouncements (Statements and Interpretations). The more significant accounting policies established in GAAP and used by the District is discussed below. These financial statements present the District and its component units, the Camrosa Water District Financing Authority and the Arroyo Santa Rosa Groundwater Sustainability Agency. As defined by GASB, the financial reporting entity consists of the primary government, as well as component units, for which the District is considered to be financially accountable. The District is financially accountable if it appoints a voting majority of the organization’s governing board and (1) is able to impose its will on the organization, (2) there is a potential for the organization to provide specific financial benefit to or impose specific financial burden on the District, (3) management (below the level of elected officials) of the primary government have operational responsibility for the activities of the component unit, or (4) the component unit’s total debt is expected to be repaid entirely with resources of the primary government. The Camrosa Water District Financing Authority (Authority) is authorized to buy, sell and lease property and to issue bonds, expend bond proceeds, and borrow and loan money for any of its corporate purposes pursuant to the Act and a Joint Exercise of Powers Agreement Relating to the California Municipal Finance Authority, dated as of January 1, 2004, by and among the cities, counties, districts and other political subdivisions that are parties to that agreement. The District’s Board of Directors acts as the governing body of the Authority. The decision to blend the Authority was reached due to the District’s Board of Directors governing the Authority, as well as the District’s management responsibility of the operations. The Arroyo Santa Rosa Valley Basin Groundwater Sustainability Agency (GSA) serves as the GSA for the Arroyo Santa Rosa Valley Basin, which has been designated as a medium-priority basin by the Department of Water Resources and underlies the Santa Rosa Valley. The GSA will develop, adopt, and implement the Groundwater Sustainability Plan (GSP) for the Basin pursuant to Sustainable Groundwater Management Act of 2014 (SGMA) and other applicable provisions of law. The decision to blend the Arroyo Santa Rosa Valley Basin GSA was reached due to the fact that the component unit has substantively the same governing body as the District, and the operational responsibility for the Component Unit rest with management of the District. Five of six board members are board members of the District and the General Manager of the District is also the Executive Officer of the GSA.

Camrosa Water District Notes to Financial Statements

For the Fiscal Year Ended June 30, 2018 and June 30, 2017

19

B. Basis of Accounting The Camrosa Water District is accounted for as an enterprise fund in accordance with GAAP as applied to governmental units. Enterprise funds are used to account for operations (a) that are financed and operated in a manner similar to private business enterprises where the expenses, including depreciation, of providing goods or services to the general public are recovered through user charges, or (b) where the governing body has decided that periodic determination of revenues earned, expenses incurred, and net income is appropriate for capital maintenance, public policy, management control, and other purposes. Because the Camrosa Water District is accounted for as an enterprise fund, the District uses the economic resources measurement focus and the accrual basis of accounting is used for financial statement reporting purposes. Revenues are recognized when they are earned, and expenses are recognized when they are incurred. Enterprise funds distinguish operating revenues and expenses from non-operating items. Operating revenues and expenses generally result from providing services and producing goods and delivering goods in connection with an enterprise funds’ principal ongoing operations. The principal operating revenues of the District are charges to customers for sales and services. Operating expenses include the cost of sales and services, administrative expenses, and depreciation on capital assets. All revenues and expenses not meeting this definition are reported as non-operating revenues and expenses. C. Basic Financial Statements The basic financial statements provide information about the District’s proprietary fund. The focus of proprietary fund measurement is upon determination of operating income, changes in net position and cash flows. The generally accepted accounting principles applicable are those similar to businesses in the private sector. D. Use of Estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect certain reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Accordingly, actual results could differ from those estimates. Significant estimates used in preparing these financial statements include:

Depreciation expense Accrual of net pension liability

The District believes the techniques and assumptions used in establishing these estimates are appropriate. E. Cash and Cash Equivalents For purposes of the statements of cash flows, the District considers all highly liquid investments with original maturities of three months or less to be cash equivalents.

Camrosa Water District Notes to Financial Statements

For the Fiscal Year Ended June 30, 2018 and June 30, 2017

20

F. Investments Investments are carried at fair value. G. Accounts Receivables and Allowance for Uncollectible Accounts Water and Wastewater revenues are billed on the tenth of every month. Revenues resulting from customer usage occurring after the last meter reading date and prior to the end of the year are accrued. This accrual is reflected under customer receivables in the Statement of Net Position. As of June 30, 2018 the accrued customer receivables were approximately $1,918,591 and $1,822,638 at June 30, 2017. The District uses the allowance method, and a provision has been made for bad debts. Accounts for which no payments have been received are written off at the discretion of management. Accounts receivable as reflected in the financial statements are from customers located within the cities of Camarillo, Thousand Oaks and Moorpark, and an unincorporated portion of the County of Ventura. H. Prepaid Items Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaid items. Examples of prepaid items for the District are property and liability insurance premiums and payments for software maintenance. I. Capital Assets Capital assets that are acquired and/or constructed are capitalized at historical cost. District policy has set the capitalization threshold for reporting capital assets at $5,000. Upon retirement or other disposition of capital assets, the cost and related accumulated depreciation are removed from the respective balances and any gains or losses are recognized. Depreciation is recorded on a straight-line basis over the estimated useful lives of the assets as follows: Water Plant 20-40 years Sanitation Plant 20-50 years Buildings and Equipment 3-50 years J. Construction in Progress Construction in progress represents cost accumulated for the replacement and improvement of the District’s water and wastewater systems as well as the rehabilitation of structures and other projects that were not completed as of year-end. K. Deferred Outflows of Resources In addition to assets, the statement of net position will sometimes report a separate section for deferred outflows of resources. This separate financial statement element represents a consumption of net assets by the government that is applicable to a future reporting period. A deferred loss on refunding results from the difference in the carrying value of the refunded debt and the reacquisition price. This amount is deferred and amortized as a component of interest

Camrosa Water District Notes to Financial Statements

For the Fiscal Year Ended June 30, 2018 and June 30, 2017

21

expense over the shorter of the life of the refunded or refunding debt. The District also recognizes deferred outflows of resources related to pensions. L. Compensated Absences The District’s personnel policies provide for accumulation of annual leave. Liabilities for annual leave are recorded when benefits are earned. Cash payment of unused annual leave is available to those qualified employees eligible to cash out or when retired or terminated. The changes in compensated absences were as follows:

M. Pensions

For purposes of measuring the net pension liability, deferred outflows and inflows of resources related to pensions, and pension expense, information about the fiduciary net position of the District’s California Public Employees’ Retirement System (CalPERS) Plan (Plan) and additions to/deductions from the Plan‘s fiduciary net position have been determined on the same basis as they are reported by the CalPERS Financial Office. For this purpose, benefit payments (including refunds of employee contributions) are recognized when currently due and payable in accordance with the benefit terms. Investments are reported at fair value. N. Deferred Inflows of Resources

In addition to liabilities, the statement of net position will sometimes report a separate section for deferred inflows of resources. This separate financial statement element, deferred inflows of resources, represents an acquisition of net position that applies to a future period(s) and so will not be recognized as an inflow of resources (revenue) until then. The District reports deferred inflows related to pensions.

O. Contributed Capital Deeded facilities received from developers are recorded at estimated construction cost. Such facilities are recorded as District assets and are depreciated in accordance with established policies for similar capital assets. Easements granted are recorded at fair market value. The District requires prepayment of water and sewer capital fees prior to commencement of construction of residential and commercial developments. Such fees, which are nonrefundable, are recorded as contributed capital upon receipt. Grants for capital asset acquisition, facility development and rehabilitation are reported as capital grant income.

Balance June 30, 2017 Earned Taken

Balance June 30, 2018

CurrentPortion

Long-TermPortion

354,534$ 293,853$ (287,236)$ 361,151$ 212,844$ 148,307$

BalanceJuly 1, 2016 Earned Taken

Balance June 30, 2017

CurrentPortion

Long-TermPortion

315,157$ 274,168$ (234,791)$ 354,534$ 178,106$ 176,428$

Camrosa Water District Notes to Financial Statements

For the Fiscal Year Ended June 30, 2018 and June 30, 2017

22

P. Net Position Net Position represents the difference between assets and deferred outflows of resources, and liabilities and deferred inflows of resources on the financial statements. Net position is classified in the following categories:

Net investment in capital assets – Consists of capital assets, net of accumulated depreciation and reduced by any outstanding debt related to the acquisition, construction or improvement of those assets.

Restricted net position – Consists of net position with legal limitations imposed on their use by external restrictions by other governments, creditors, grantors, contributors, laws, or regulations, or through constitutional provision, or enabling legislation.

Unrestricted net position – Consists of all other net position that does not meet the definition of restricted or invested in capital assets.

Note 2 - Deposits and Investments The District’s carrying value of deposits was $1,934,987 and $1,359,314 at June 30, 2018 and 2017, respectively. The corresponding bank balance was $2,154,202 and $1,604,136 respectively. Of the bank balance, $500,000 was covered by Federal deposit insurance at both June 30, 2018 and 2017. The California Government Code requires all financial institutions to secure a local governmental agency’s deposits by pledging governmental securities as collateral. The market value of pledged securities must equal 110% of an agency’s deposits. California law also allows financial institutions to secure an agency’s deposits by pledging first trust deeds mortgage notes having a value of 150% of an agency’s total deposits, and collateral is considered to be held in the name of the District. All cash held by financial institutions is, therefore, entirely insured or collateralized. Fair Value Measurement The District categorizes its fair value measurements within the fair value hierarchy established by generally accepted accounting principles. The hierarchy is based on the valuation inputs used to measure the fair value of the asset. The District uses Level 1 inputs, which are quoted prices in active markets for identical assets. Certificates of deposit in the amount of $738,935 are valued using quoted market prices (Level 1 inputs). At June 30, the District had the following investments:

The District is a voluntary participant in the Local Agency Investment Fund (LAIF) that is regulated by the California Government Code Section 16429 under the oversight of the Treasurer of the State of California.

2018 2017State of California - Local Agency Investment Fund (LAIF) 20,642,679$ 17,539,994$ Money Market Funds 7,173,206 7,206,943 Insured Cash Shelter Account 889,397 1,443,729 Total Included in Cash and Cash Equivalents 28,705,282 26,190,666

Certificates of Deposit 738,935 748,561 Total Investments 29,444,217$ 26,939,227$

Camrosa Water District Notes to Financial Statements

For the Fiscal Year Ended June 30, 2018 and June 30, 2017

23

The State Treasurer’s Office audits the fund annually. The fair value of the position in the investment pool is the same as the value of the pool shares. The fair value of the District’s investment in this pool is reported at amounts based upon the District’s pro-rata share of the fair value provided by LAIF for the entire LAIF portfolio. The share value of the District’s investment in LAIF is $20,642,679 and $17,539,994 at June 30, 2018 and 2017, respectively. The District’s investment policy provides guidelines for the prudent investment of the District’s funds as allowed per statutes. Under the provision of the District’s Investment Policy, and in accordance with Section 53601 of the California Government Code, the District may invest in the following types of investments:

Securities of the U.S. Government or its agencies Certificates of Deposit (or Time Deposits placed with commercial banks and or/savings

& loan companies) State of California Local Agency Investment Fund (State Pool) Deposits Interest bearing demand accounts with commercial banks and/or savings & loan

companies The insured cash shelter account, money market funds, and time certificates of deposit are held with Wilmington Trust. Wilmington Trust has a Standard & Poor’s and Fitch credit rating of A and A2 with Moody’s. The certificates of deposit are subject to an Investment Agreement for the maintenance of reserve funds for the District’s revenue bonds. The State of California Local Agency Investment Fund is an unrated external investment pool. Credit Risk. To address credit risk, the District invests its funds in accordance with state statutes and the District’s investment policy. The criteria for selecting investments are, in order of priority, (1) safety – the consideration of the potential loss of principal or interest; (2) liquidity – the ability to have funds available at any moment in time with a minimal potential loss; and (3) yield – the optimum rate of return while preserving capital. Concentration of Credit Risk. The District’s investment policy provides that no more than 33% of the District’s portfolio may be invested with a single firm or institution with the exception of the State of California Local Agency Investment Fund. Interest-Rate Risk. Interest rate risk is the risk that changes in market interest rates will adversely affect the fair value of an investment. Generally, the longer the maturity of an investment, the greater the sensitivity of its fair value to changes in market interest rates. One of the ways that the District manages its exposure to interest rates risk is by structuring the District’s portfolio so that securities mature to meet the District’s cash requirements for ongoing operations, thereby avoiding the need to sell securities on the open market prior to their maturity, investing primarily in short-term securities, and occasionally restructuring the portfolio to minimize the loss of market value and/or to maximize cash flow. Investments in LAIF are liquid and deposits can generally be converted to cash within twenty-four hours without loss of interest.

Camrosa Water District Notes to Financial Statements

For the Fiscal Year Ended June 30, 2018 and June 30, 2017

24

Note 3 - Note Receivable The District has a note receivable from California State University, Channel Islands (CSUCI) for the construction of the water system on the premises of CSUCI. The note requires monthly payments of $7,664.41 including interest of 5.5% through October 2020. The note receivable is comprised of the following at June 30th:

2018 2017CSUCI 200,971$ 279,530$

Less Current Portion (82,991) (78,559) Net Note Receivable 117,980$ 200,971$

Camrosa Water District Notes to Financial Statements

For the Fiscal Year Ended June 30, 2018 and June 30, 2017

25

Note 4 - Capital Assets The activity for each of the major classes of capital assets and accumulated depreciation for the fiscal years ended June 30, 2018 and 2017 are shown in the following tables:

Capital Assets by Major Class: June 30, 2017 IncreasesTransfers/Decreases June 30, 2018

Capital Assets Not Being Depreciated: Land and Easements 1,372,984$ 245,186$ -$ 1,618,170$ Construction in Progress 3,359,879 1,644,132 (3,109,733) 1,894,278

Total Capital Assets Not Being Depreciated 4,732,863 1,889,318 (3,109,733) 3,512,448

Capital Assets Being Depreciated: Water Plant 64,799,973 2,129,571 (10,291) 66,919,253 Sanitation Plant 29,782,538 985,096 - 30,767,634 Buildings and Equipment 3,053,596 255,131 (55,110) 3,253,617

Total Capital Assets Being Depreciated 97,636,107 3,369,798 (65,401) 100,940,504

Less Accumulated Depreciation for: Water Plant 31,645,534 1,791,226 (10,291) 33,426,469 Sanitation Plant 14,248,676 710,691 - 14,959,367 Buildings and Equipment 2,015,251 182,578 (55,110) 2,142,719

Total Accumulated Depreciation 47,909,461 2,684,495 (65,401) 50,528,555

Total Capital Assets Being Depreciated, Net 49,726,646 685,303 - 50,411,949

Capital Assets, Net 54,459,509$ 2,574,621$ (3,109,733)$ 53,924,397$

Capital Assets by Major Class: June 30, 2016 IncreasesTransfers/Decreases June 30, 2017

Capital Assets Not Being Depreciated: Land and Easements 1,372,984$ -$ -$ 1,372,984$ Construction in Progress 2,544,641 2,544,437 (1,729,199) 3,359,879

Total Capital Assets Not Being Depreciated 3,917,625 2,544,437 (1,729,199) 4,732,863

Capital Assets Being Depreciated: Water Plant 63,438,656 1,361,317 - 64,799,973 Sanitation Plant 29,108,335 674,203 - 29,782,538 Buildings and Equipment 2,830,255 370,909 (147,568) 3,053,596

Total Capital Assets Being Depreciated 95,377,246 2,406,429 (147,568) 97,636,107

Less Accumulated Depreciation for: Water Plant 29,897,509 1,748,025 - 31,645,534 Sanitation Plant 13,562,703 685,973 - 14,248,676 Buildings and Equipment 1,995,409 167,410 (147,568) 2,015,251

Total Accumulated Depreciation 45,455,621 2,601,408 (147,568) 47,909,461

Total Capital Assets Being Depreciated, Net 49,921,625 (194,979) - 49,726,646

Capital Assets, Net 53,839,250$ 2,349,458$ (1,729,199)$ 54,459,509$

Camrosa Water District Notes to Financial Statements

For the Fiscal Year Ended June 30, 2018 and June 30, 2017

26

Note 5 - Long-Term Debt The District generally incurs long-term debt to finance projects or purchase assets that will have useful lives equal to or greater than the related debt. The District’s debt rating is “AA” from Standard & Poor’s. The net revenues of the Water System are pledged toward the repayment of the Water Revenue Bonds. FY2017-18, net water revenues totaled $5,673,563 and principal and interest payments for water revenue bonds were $1,533,881. FY2016-17, net revenues totaled $5,880,781, and principal and interest payments were $1,392,969. Also, the net revenues of the Wastewater System are pledged toward the repayment of the Wastewater Revenue Bonds. During FY2017-18, net wastewater revenues totaled $1,080,188 and principal and interest payments for wastewater revenue bonds totaled $633,350. FY2016-17, net revenues totaled $1,093,036 and principal and interest payments were $619,399. The District is subject to certain revenue bond covenants on outstanding debt, as defined, equal to at least 115% of the current annual debt service requirements. As of June 30, 2018, the debt service coverage for Water was 370% and for Wastewater was 171%. As of June 30, 2017, the debt service coverage for Water was 422% and for Wastewater was 176%. The outstanding balances for each of these long-term obligations are reported as liabilities on the statement of net position. The amount of the obligation that is due within one year is shown as a current liability and the balance as a noncurrent liability. Bond premiums are deferred and amortized over the life of the bonds using the straight-line method. Bonds payable are reported net of the applicable bond premiums. Water and Wastewater Revenue Bonds Series 2016A In September 2016, the District issued Revenue Bonds, Series 2016A, in an aggregate principal amount of $14,020,000. The proceeds from the sale of the bonds is being used to finance additional improvements to the Water System, and were also used to refund all of the outstanding Water and Wastewater Revenue Bonds, Series 2011A, of which $8,150,000 was outstanding, (3) fund a reserve account established for the bonds and (4) to pay costs incurred in connection with the issuance, sale, and delivery of bonds. The bonds require semi-annual payments, with interest ranging from 2.00% to 5.00%, through January 2046. Proceeds, bond premiums and remaining 2011A reserve accounts amounting to $9,261,855 were placed in escrow to pay the principal and interest of the 2011A bonds when due, resulting in a deferred loss of debt refunding $885,000. The net present value savings (economic gain) amounted to $420,427. Water and Wastewater Refunding Revenue Bonds Series 2012 In February 2012, the District issued $7,575,000 Water and Wastewater Refunding Revenue Bonds, Series 2012. The proceeds from the sale of the bonds were used to refund all of the outstanding Water and Wastewater Systems Refunding Revenue Bonds, Series 2001, previously issued by the District in the amount of $11,700,000, of which $8,085,000 was outstanding. The refunding of the bonds resulted in more than $784,000 in net present value

Camrosa Water District Notes to Financial Statements

For the Fiscal Year Ended June 30, 2018 and June 30, 2017

27

savings and in lowering the District’s annual debt service payment. The bonds require semi-annual payments, with interest ranging from 2.00% to 5.00%, through January 2020.

The District’s debt issues and transactions are summarized below:

Future debt service requirements through maturity are as follows:

Debt Service Reserve The trust agreement of the revenue bonds series 2016A and refunding revenue bonds series 2012 require a reserve account to be created and held in trust by the Trustee for an amount equal to the Reserve Account Requirement. Moneys in the Reserve Account shall be used solely for the purpose of replenishing the Interest Account or the Principal Account under the Trust Agreement. The reserve accounts balance as of June 30, 2018 was $879,529 and $792,480 for the 2016A and 2012 issuance, respectively. Arbitrage At June 30, 2018, the District has revenue bonds outstanding that are subject to arbitrage limitations. Arbitrage rebate refers to the required payment to the U.S. Treasury Department of excess earnings received on applicable tax-exempt bond proceeds that are invested at a higher yield than the yield of the tax-exempt bond issue. The District does not anticipate an arbitrage rebate liability.

Balance2017

Additions/New Debt

Proceeds/Retirement

Balance2018 Current Long-Term

2012 Refunding Bonds 3,085,000$ -$ (985,000)$ 2,100,000$ 1,030,000$ 1,070,000$ 2012 Refunding Bonds Premium 234,051 - (92,020) 142,031 92,020 50,011 2016 Refunding Bonds 13,520,000 - (540,000) 12,980,000 560,000 12,420,000 2016 Refunding Bonds Premium 1,546,815 - (54,188) 1,492,627 54,188 1,438,439

18,385,866$ -$ (1,671,208)$ 16,714,658$ 1,736,208$ 14,978,450$

Balance2016

Additions/New Debt

Proceeds/Retirement

Balance2017 Current Long-Term

2012 Refunding Bonds 4,030,000$ -$ (945,000)$ 3,085,000$ 985,000$ 2,100,000$ 2012 Refunding Bonds Premium 326,071 - (92,020) 234,051 92,020 142,031 2011 Revenue Bonds 8,150,000 - (8,150,000) - - - 2011 Revenue Bonds Premium 226,854 - (226,854) - - - 2016 Refunding Bonds - 14,020,000 (500,000) 13,520,000 540,000 12,980,000 2016 Refunding Bonds Premium - 1,584,524 (37,709) 1,546,815 54,188 1,492,627

12,732,925$ 15,604,524$ (9,951,583)$ 18,385,866$ 1,671,208$ 16,714,658$

Fiscal YearEnding June 30

2012Refunding

Bonds

2016Revenue Bonds

TotalInterest Total

2019 1,030,000 560,000 581,931 2,171,931 2020 1,070,000 580,000 518,331 2,168,331 2021 - 605,000 441,631 1,046,631 2022 - 640,000 417,431 1,057,431 2023 - 660,000 391,831 1,051,831

2024-2028 - 3,770,000 1,516,056 5,286,056 2029-2033 - 2,895,000 968,256 3,863,256 2034-2038 - 1,030,000 707,050 1,737,050 2039-2043 1,295,000 436,750 1,731,750 2044-2046 945,000 96,000 1,041,000

2,100,000$ 12,980,000$ 6,075,267$ 21,155,267$

Camrosa Water District Notes to Financial Statements

For the Fiscal Year Ended June 30, 2018 and June 30, 2017

28

Note 6 - Capital Fees and Capital Contributions Capital Fees and Capital Contributions consisted of the following at June 30:

Note 7 - Restatement of Net Position During FY2017-18, it was determined that the District’s net pension liability (NPL) was understated as of June 30, 2017 and June 30, 2016. The understatement resulted from an error in the methodology used to determine NPL. This resulted in an understatement of the NPL of $330,868. Employee benefits expense for the year ended June 30, 2017 have been restated in the accompanying financial statements by $289,584, the amount of pension expense understatement. Additionally, net position as of July 1, 2016 has been restated as follows: Net position as of July,1, 2016 has been restated as follows:

Note 8 - Deferred Compensation Plan For the benefit of its employees, the District participates in three 457 Deferred Compensation Programs (Programs). The multiple Programs were created in accordance with Internal Revenue Code Section 457. The purpose of these Programs is to provide deferred compensation for employees that elect to participate in the Programs. Generally, eligible employees may defer a receipt of a portion of their salary until termination, retirement, death or unforeseeable emergency. Until the funds are paid or otherwise made available to the employee, the employee is not obligated to report the deferred salary for income tax purposes. The trusts hold the assets for the exclusive benefit of plan participants and their beneficiaries. Plan assets are not the property of the District, or subject to the claims of the District’s general creditors. The District has placed $2,055,268 and $2,311,243 in trust as of June 30, 2018 and 2017, respectively.

2018 2017Potable Water Capital Contributions: Capital Fees 82,225$ 124,175$ Mitigation Fees 34,249 1,036,744 In-Kind Capital Contributions 97,386 357,905 Total Potable Water Capital Contributions 213,860 1,518,824

Non-Potable Water Capital Contributions - 318,538

Sewer Capital Contributions 42,075 4,675

Total Capital Contributions 255,935$ 1,842,037$

Net Position as previously reported 57,865,985$ Pension Expense understated (41,284) Net Position, as restated 57,824,701$

Camrosa Water District Notes to Financial Statements

For the Fiscal Year Ended June 30, 2018 and June 30, 2017

29

Note 9 - Defined Benefit Pension Plan

A. General Information about the Pension Plan

Plan Descriptions, Benefits Provided and Employees Covered All qualified permanent and probationary employees are eligible to participate in the Camrosa Water District’s Miscellaneous Plan (Plan). The Plan is a cost-sharing multiple-employer defined benefit pension plan administered by the California Public Employees’ Retirement System (CalPERS). Benefit provisions under the Plan are established by State and Local Government resolution. The plan provides retirement, death and disability benefits to plan members and beneficiaries. The benefit provisions of the plan’s employees are established by statute. A full description regarding number of employees covered, benefit provisions, assumptions, and membership information for the Camrosa’s rate plan is listed in Camrosa’s rate plan’s June 30, 2016 Annual Valuation Report. Details of the benefits provided can be obtained in Appendix B of the funding valuation report. This report and CalPERS’ audited financial statements are publicly available reports that can be found on CalPERS’ website.

The Plan’s provisions and benefits in effect at June 30, 2018, are summarized as follows:

Contributions Section 20814(c) of the California Public Employees’ Retirement Law requires that the employer contribution rates for all public employers are determined on an annual basis by the actuary and shall be effective on the July 1 following notice of a change in the rate. The total plan contributions are determined through the CalPERS’ annual actuarial valuation process. The Plan’s actuarially determined rate is based on the estimated amount necessary to pay the Plan’s allocated share of the risk pool’s costs of benefits earned by employees during the year. The District is required to contribute the difference between the actuarially determined rate and the contribution rate of employees. For the measurement period ended June 30, 2017 (the measurement date), the active employee contribution rate is 7% of annual pay and the employers’ contribution rate is 8.418% of annual payroll. Beginning in FY2015-16, CalPERS collected employer contributions towards unfunded liability and side fund as a dollar amount instead of the prior method of a contribution rate. The pool’s unfunded liability is allocated to each individual plan based on the plan’s total liability rather than by plan individual payroll. This allows employers to track their own unfunded liability and pay it down faster if they choose. Camrosa’s unfunded liability payment for FY2017-18 had been determined to be $216,199. However, was prepaid in a lump sum of $208,582.

Hire DatePrior

January 1, 2013On or after

January 1, 2013Benefit Formula 2% @ 55 2% @ 62Benefit Vesting Schedule 5 years of service 5 years of serviceBenefit Payments monthly for life monthly for lifeRetirement Age 50 52Required Employee Contribution Rates 7% 6.25%Required Employer Contribution Rates 8.418% 6.533%

Camrosa Water District Notes to Financial Statements

For the Fiscal Year Ended June 30, 2018 and June 30, 2017

30

For the year ended June 30, 2018, the contributions recognized by the plan from the employer were as follows: Contributions - employer $406,564 Contributions - employee (paid by employer) $166,635

B. Pension Liabilities, Pension Expense and Deferred Outflows/Inflows of Resources Related to Pensions

As of June 30, 2018, the District’s reported net liability for its proportionate share of the net pension liability was $4,521,229. The District’s net pension liability for the Plan is measured as the proportionate share of the net pension liability. The net pension liability is measured as of June 30, 2017, and the total pension liability for the Plan used to calculate the net pension liability was determined by an actuarial valuation as of June 30, 2016 rolled forward to June 30, 2017 using standard update procedures. The District’s proportion of the net pension liability was based on a projection of the District’s long-term share of contributions to the pension plan relative to the projected contributions of all participating employers, actuarially determined. The District’s proportionate share of the net pension liability as of June 30, 2016 and 2017 was as follows:

Proportion - June 30, 2016 0.11286%Proportion - June 30, 2017 0.11469%Change - Increase (Decrease) 0.00183%

Camrosa Water District Notes to Financial Statements

For the Fiscal Year Ended June 30, 2018 and June 30, 2017

31

For the year ended June 30, 2018, the District recognized pension expense of $584,278. At June 30, 2018, the District reported deferred outflows and inflows of resources related to pensions from the following sources:

The $406,564 reported as deferred outflows of resources is related to pensions the District contributed after the measurement date and will be recognized as a reduction of the net pension liability in the year ending June 30, 2019. Other amounts reported as deferred outflows of resources and deferred inflows of resources related to pensions will be recognized as pension expense as follows:

Deferred Outflows of Resources

Deferred Inflows ofResources

Contributions paid after measurement date 406,564$ -$

Net Difference between Projected and Actual Earnings on Pension Plan Investments 157,015 -

Differences between Expected and Actual Experiences 5,595 80,166

Changes in Assumptions 694,267 52,939

Changes in Proportion and Difference between Actual Contributions and Proportionate Share of Contributions 31,918 253,435

Total 1,295,359$ 386,540$

Measurement PeriodEnded June 30:

DeferredOutflows/(inflows) of

Resources

2019 4,738 2020 369,1382021 221,6022022 (93,222)

Thereafter 0

Camrosa Water District Notes to Financial Statements

For the Fiscal Year Ended June 30, 2018 and June 30, 2017

32

Actuarial Methods and Assumptions For the measurement period ended June 30, 2017 (the measurement date); the total pension liability was determined by rolling forward the June 30, 2016 total pension liability determined in the June 30, 2016 actuarial accounting valuation. The June 30, 2017 total pension liability was based on the following actuarial methods and assumptions:

Discount Rate The discount rate used to measure the total pension liability was 7.15%. To determine whether the municipal bond rate should be used in the calculation of a discount rate for each plan, CalPERS stress tested plans that would most likely result in a discount rate that would be different from the actuarially assumed discount rate. Based on the testing, none of the tested plans run out of assets. Therefore, the current 7.15% discount rate is adequate and the use of the municipal bond rate calculation is not necessary. The long term expected discount rate of 7.15% is applied to all plans in the Public Employees Retirement Fund. The stress test results are presented in a detailed report called “GASB Crossover Testing Report” that can be obtained at CalPERS’ website under the GASB 68 section. The long-term expected rate of return on pension plan investments was determined using a building-block method in which best-estimate ranges of expected future real rates of return (expected returns, net of pension plan investment expense and inflation) are developed for each major asset class. In determining the long-term expected rate of return, CalPERS took into account both short-term and long-term market return expectations as well as the expected pension fund cash flows. Such cash flows were developed assuming that both members and employers will make their required contributions on time and as scheduled in all future years. Using historical returns of all the funds’ asset classes, expected compound returns were calculated over the short-term (first 10 years) and the long-term (11-60 years) using a building–block approach. Using the expected nominal returns for both short-term and long-term, the present value of benefits was calculated for each fund. The expected rate of return was set by calculating the single equivalent expected return that arrived at the same present value of benefits for cash flows as the one calculated using both short-term and long-term returns. The expected rate of return was then set equivalent to the single equivalent rate calculated above and rounded down to the nearest one quarter of one percent.

Actuarial Cost Method Entry Age Normal in accordance with the requirements of GASB Statement No. 68

Actuarial Assumptions

Discount Rate 7.15%

Inflation 2.75%

Salary Increases Varies by Entry Age and Services

Mortality Rate Table Derived using CalPERS' Membership Data for all Funds

Post Retirement Benefit Increase

Contract COLA up to 2.75% until Purchasing PowerProtection Allowance Floor on Purchasing Power applies,2.75% thereafter

Camrosa Water District Notes to Financial Statements

For the Fiscal Year Ended June 30, 2018 and June 30, 2017

33

The table below reflects long-term expected real rate of return by asset class. The rate of return was calculated using the capital market assumptions applied to determine the discount rate and asset allocation.

Amortization of Deferred Outflows and Deferred Inflows of Resources Under GASB 68, actuarial gains and losses related to changes in total pension liability and fiduciary net position are recognized in pension expense systematically over time. The first amortized amounts are recognized in pension expense for the year the gain or loss occurs. The remaining amounts are categorized as deferred outflows and deferred inflows of resources related to pension and are to be recognized in future pension expense. The amortization period differs depending on the source of the gain or loss:

The net difference between projected and actual investment earnings on pension plan investments is amortized over a five-year period on a straight-line basis. One-fifth is recognized in pension expense during measurement period, and the remaining net difference between projected and actual investment earnings on pension plan investments at the measurement date is to be amortized over the remaining four-year period. The net difference between projected and actual investment earnings on pension plan investments in the schedule of collective pension amounts represents the unamortized balance relating to the current measurement period and the prior measurement period on a net basis.

Asset Class

Current Target

AllocationReal ReturnYears 1-10 *

Real ReturnYears 11+ **

Global Equity 47.0% 4.90% 5.38%Fixed Income 19.0% 0.80% 2.27%Inflation Assets 6.0% 0.60% 1.39%Private Equity 12.0% 6.60% 6.63%Real Estate 11.0% 2.80% 5.21%Infrastructure and Forestland 3.0% 3.90% 5.36%Liquidity 2.0% (0.40)% (0.90)%

* An expected inflation of 2.5% used for this period**An expected inflation of 3.0% used for this period

Net difference between projected and actual earnings on pension plan investments 5 year straight-line amortization

All other amounts Straight-line amortization over the expcted averageremaining service lifetime (EARSL) of all members that are provided with pensions (active, inactive, and retired) as of the beginning of the measurement period

Camrosa Water District Notes to Financial Statements

For the Fiscal Year Ended June 30, 2018 and June 30, 2017

34

Deferred outflows of resources and deferred inflows of resources relating to differences between expected and actual experience, changes of assumptions and employer-specific amounts should be amortized over EARSL of members provided with pensions through the Plan. Sensitivity of the Net Pension Liability to Changes in Discount Rate The following presents the District’s proportionate share of the net pension liability for the Plan, calculated using the discount rate for the Plan, as well as what the District’s proportionate share of the net pension liability would be if it were calculated using a discount rate that is 1 percentage point lower or 1 percentage point higher than the current rate:

Pension Plan Fiduciary Net Position The plan fiduciary net position disclosed in the District’s GASB 68 accounting valuation report may differ from the plan assets reported in the District’s funding actuarial valuation report due to several reasons. First, for the accounting valuations, CalPERS must keep items such as deficiency reserves and fiduciary self-insurance included in fiduciary net position. These amounts are excluded for rate setting purposes in the District’s funding actuarial valuation. Detailed information about the Plan’s fiduciary net position is available in the separately issued CalPERS financial reports.

C. Payable to the Pension Plan At June 30, 2018, the District reported a payable of $14,531 for the outstanding amount of contributions to the pension plan required for the year ended June 30, 2018. Note 10 - Profit Share Plan The District has a profit sharing plan, pursuant to Section 401 of the Internal Revenue Code. The plan includes a provision under Section 414(h)(2) whereby each plan participant that is classified as management is required to contribute 5% of salary. Mandatory contributions totaled $74,661 and $69,904 in 2018 and 2017, respectively. Note 11 - Major Customers The District’s top ten water customers represent 23% of the water revenue sales during the fiscal year ended June 30, 2018. The District’s top ten wastewater customers represent 43% of the wastewater revenue during the fiscal year ended June 30, 2018. Note 12 - Risk Management The District is exposed to potential losses from claims arising from its business operations. Significant losses are covered by commercial insurance. There have been no significant

1% Decrease 6.15%Net Pension Liability $6,809,733

Current Discount Rate 7.15%Net Pension Liability $4,521,229

1% Increase 8.15%Net Pension Liability $2,625,849

Camrosa Water District Notes to Financial Statements

For the Fiscal Year Ended June 30, 2018 and June 30, 2017

35

reductions in insured coverage. Settlement amounts have not exceeded insurance coverage for the current year or the three prior years. Note 13 - Joint Powers Insurance Authority The District participates in the property, liability and worker’s compensation program organized by the Association of California Water Agencies/Joint Powers Insurance Authority (JPIA) created to provide self-insurance program to water agencies in the State of California. The JPIA is not a component unit of the District for financial reporting purposes, as explained below. JPIA provides liability, property, and worker’s compensation insurance for the District, which is one of approximately 370 participating water districts and agencies, for losses in excess of the member districts’ specified self-insurance retention levels. Individual claims (and aggregate public liability and property claims) in excess of specified levels are covered by excess insurance policies purchased from commercial carriers. JPIA is governed by a board composed of members from participating districts. The board controls the operations of JPIA, including selection of management and approval of operating budgets, independent of any influence by the members from beyond their representation on the board. Each member shares surpluses and deficiencies proportionately to its participation in JPIA. Based on audited financial statements, at September 30, 2017, JPIA had total assets and deferred outflows of $200,770,318, liabilities and deferred inflows of $125,447,644 and net position of $75,322,674, respectively. The District paid premiums of $121,500 and $124,863 to JPIA for property, liability and worker’s compensation insurance during the years ended June 30, 2018 and 2017, respectively. The District’s specified self-insurance retention level under JPIA program is $5,000 per claim. Assistance with disposition of claims within the self-insured retentions is provided through the JPIA. The District had no outstanding claims under JPIA and no liabilities relating to outstanding claims (including estimates for incurred but not reported claims) were recorded as of June 30, 2018 and 2017. Note 14 - Joint Powers Agreement creating the Arroyo Santa Rosa Valley Basin Groundwater Sustainability Agency (GSA) The District, along with the County of Ventura, participate as members of the Arroyo Santa Rosa Valley Basin Groundwater Sustainability Agency (GSA), to provide sustainable management of the Arroyo Santa Rosa Valley Basin pursuant to the Sustainable Groundwater Management Act of 2014 (SGMA). The Basin underlies the Santa Rosa Valley. At June 30, 2018, the GSA had total assets and net position of $96,946. The GSA will develop, adopt, and implement a Groundwater Sustainability Plan (GSP) for the Basin pursuant to SGMA and other applicable provisions of law. It has been determined that the GSA is a blended component unit of the District.

Camrosa Water District Notes to Financial Statements

For the Fiscal Year Ended June 30, 2018 and June 30, 2017

36

Note 15 - Leases The District has various leases for vehicles and equipment that are classified as operating leases. Total rent expense for all operating leases for 2018 and 2017 were $60,332 and $60,332, respectively. Future minimum lease payments under the operating leases with initial or remaining terms of one year or more are as follows:

Note 16 - Commitments and Contingencies Grant Award Grant funds received by the District are subject to audit by the grantor agencies. Such audits could lead to requests for reimbursements to the grantor agencies for expenditures disallowed under terms of the grant. Management of the District believes that such disallowances, if any, would not be significant. Litigation In the ordinary course of operations, the District is subject to claims and litigation from outside parties. After consultation with legal counsel, the District believes the ultimate outcome of such matters, if any, will not materially affect its financial condition. Long Term Commitments The District has an agreement with the City of Thousand Oaks to purchase non-potable surface water. The term of the agreement is for 40 years, effective June 5, 2013. The parties, by mutual consent, may extend the term of the agreement for additional five-year periods. The average yearly purchase of non-potable water for the last four years is $560,663. Upon the effective date of the agreement, the price per acre foot of non-potable water was $104.89, and the parties agreed to adjust the unit price per acre foot on September 1st of each year by adjusting the unit price by the annual percentage change from the preceding July to July period of the Consumer Price Index of Los Angeles-Riverside-Orange County. The FY2017-18 price per acre foot of non-potable water is $113.98. Note 17 - Upcoming Governmental Accounting Standards Board Statements GASB Statement No. 87 - Leases The objective of this statement is to better meet the information needs of financial statement users by improving accounting and financial reporting for leases by governments. This statement increases the usefulness of government’s financial statements by requiring recognition of certain lease assets and liabilities for leases that previously were classified as operating leases and recognized as inflows of resources or outflows of resources based on the payment provisions of the contract. It establishes a single model for lease accounting based on the foundational principle that leases are financings of the right to use an underlying asset. Under this statement, a lessee is required to recognize a lease receivable and a deferred inflow

Year Ending June 30:2019 58,491$ 2020 46,467 2021 5,610 2022 1,403

Total 111,971$

Camrosa Water District Notes to Financial Statements

For the Fiscal Year Ended June 30, 2018 and June 30, 2017

37

of resources, thereby enhancing the relevance and consistency of information about governments’ leasing activities. This statement will increase the usefulness of governments’ financial statements by requiring reporting of certain lease liabilities that currently are not reported. It will enhance comparability of financial statements among governments by requiring lessees and lessors to report leases under a single model. This statement also will enhance the decision-usefulness of the information provided to financial statement users by requiring notes to financial statements related to timing, significance, and purpose of a government’s leasing arrangements. The requirements of this statement are effective for reporting periods beginning after December 15, 2019. GASB Statement No. 88 – Certain Disclosures Related to Debt, Including Direct Borrowing and Direct Placements The objective of this Statement is to improve the information that is disclosed in notes to government financial statements related to debt, including direct borrowings and direct placements. It also clarifies which liabilities governments should include when disclosing information related to debt. The statement requires that additional essential information related to debt be disclosed in the notes to the financial statements, including unused lines of credit, assets pledged as collateral for the debt, and terms specified in debt agreements related to significant events of default with finance-related consequences, significant termination events with finance-related consequences, and significant subjective acceleration clauses. It also requires that existing and additional information be provided for direct borrowings and direct placements of debt separately from other debt. The requirements of this Statement will improve financial reporting by providing users of financial statements with essential information that currently is not consistently provided. In addition, information about resources to liquidate debt and risk associated with changes in terms associated with debt will be disclosed. The effective date of this statement is for reporting periods beginning June 15, 2018. GASB Statement No. 89 – Accounting for Interest Cost Incurred Before the End of a Construction Period. The objective of this statement is to enhance the relevance and comparability of information about capital assets and the cost of borrowing for a reporting period and to simplify accounting for interest cost incurred before the end of a construction period. This statement requires the interest cost incurred before the end of a construction period be recognized as an expense in the period in which the cost is incurred for financial statements prepared using the economic resources measurement focus. As a result, interest cost incurred before the end of a construction period will not be included in the historical cost of a capital asset reported in a business-type activity or enterprise fund. The requirements of this statement will improve financial reporting by providing users of financial statements with more relevant information about capital assets and the cost of borrowing for a reporting period. The requirements of this Statement are effective for reporting periods beginning after December 15, 2019.

Camrosa Water District Notes to Financial Statements

For the Fiscal Year Ended June 30, 2018 and June 30, 2017

38

Note 18 - Subsequent Events Events occurring after June 30, 2018 have been evaluated for possible adjustment to the financial statements or disclosure as of December 13, 2018, which is the date the financial statements were available to be issued. No subsequent events occurred.

Camrosa Water District Required Supplementary Information

California Public Employees’ Retirement System June 30, 2018 and 2017

39

Schedule of Proportionate Share of the Net Pension Liability

Schedule of Contributions

Year Ended*

Proportion of the Net Pension

Liability

ProportionateShare (amount)

of NetPension Liability

Actual CoveredMember Payroll

Net Pension Liability

as a Percentage of Covered Payroll

Fiduciary Net Position

as a Percentage of Total Pension

Liability6/30/2015 0.04777% 2,972,338$ 1,793,513$ 165.73% 78.74%6/30/2016 0.09775% 2,681,851$ 1,855,543$ 144.53% 78.40%6/30/2017 0.11286% 3,920,511$ 1,801,650$ 217.61% 74.03%6/30/2018 0.11469% 4,521,229$ 2,073,238$ 218.08% 72.83%

Note: This schedule is intended to show information for ten years. Additional years will be displayed as they become available.* The data provided in the schedule is based as of the measurement date of CalPERS net pension liability, which is as of the beginning of the District's fiscal year.

YearEnding

Statutorily Required

Contributions

ActualEmployer

Contributions

ContributionExcess/

(Deficiency)

Actual CoveredMemberPayroll

Contributions as aPercentage of

Covered Payroll6/30/2009 192,725$ 192,725$ 0 1,566,421$ 12.30%6/30/2010 196,089$ 196,089$ 0 1,790,608$ 10.95%6/30/2011 210,545$ 210,545$ 0 1,847,747$ 11.39%6/30/2012 229,055$ 229,055$ 0 1,837,194$ 12.47%6/30/2013 219,919$ 219,919$ 0 1,741,459$ 12.63%6/30/2014 238,130$ 238,130$ 0 1,793,513$ 13.28%6/30/2015 268,188$ 268,188$ 0 1,855,543$ 14.45%6/30/2016 299,168$ 299,168$ 0 1,801,650$ 16.61%6/30/2017 358,336$ 358,336$ 0 2,073,238$ 17.28%6/30/2018 406,564$ 406,564$ 0 2,251,315$ 18.06%

40

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Camrosa Water District Other Supplementary Information Budgetary Comparison Schedule

For the Fiscal Year Ended June 30, 2018

41

Budget

Actual Budget Basis

Variance with Budget Positive

(Negative)Operating RevenuePotable Water Sales 9,801,200$ $ 10,801,589 $ 1,000,389 Recycle/Non-Potable Water Sales 4,108,300 4,822,286 713,986 Water Sales to PV 299,729 558,575 258,846 Sewer Revenue 3,324,700 3,314,305 (10,395) Meter Revenue 2,534,700 2,557,753 23,053 Special Services 58,615 277,468 218,853 Pump Zone/Miscellaneous 43,700 81,786 38,086 Total Operating Revenue 20,170,944 22,413,762 2,242,818

Non-Operating Revenue - Property Taxes 536,013 657,620 121,607 Interest Income 130,000 393,147 263,147 Total Non-Operating Revenues 666,013 1,050,767 384,754

Operating ExpensesWater Purchases - CMWD 6,497,778 6,423,455 74,323 CMWD Fixed Charges 833,625 828,462 5,163 CCP 600,153 622,485 (22,332) SMP CMWD 195,441 16,581 178,860 Utilities 1,423,162 1,426,842 (3,680) Salaries & Benefits 3,805,520 3,740,012 65,508 Contract/Prof. Svcs 1,843,322 1,353,653 489,669 Supplies & Services 2,275,845 2,457,838 (181,993)

Total Operating Expenses 17,474,846 16,869,328 605,518

Non-Operating ExpensesDebt Service 2011A/2016 1,045,331 1,045,331 - Debt Service 2012 1,121,900 1,121,900 - Capital Replacement Contribution 1,100,000 4,390,000 (3,290,000) Total Non-Operating Expenses 3,267,231 6,557,231 (3,290,000)

Net Operating Results 94,880 37,970 (56,910)

Capital Fees - 158,549 158,549 Grants - 67,519 67,519

Net Operating Results 94,880$ 264,038$ 169,158$

Adjustments to AccountingPrinciples Generally Acceptedin The United States of AmericaDepreciation Expense (2,684,495) Gain on Sale of Asset 10,146 Unrealized Loss on Investments (2,065) Blended component unit activity-Arroyo Santa Rosa GSA (10,568) Capital Replacement Contribution 4,390,000 Contributed Capital In-Kind 97,386 Principal Payments on Debt 1,525,000 Amortization of Bonds Premium 81,004

Change in Net Position 3,670,446 Net Position at Beginning of Year 61,950,770

Net Position at End of Year 65,621,216$

Camrosa Water District Other Supplementary Information Budgetary Comparison Schedule

For the Fiscal Year Ended June 30, 2017

42

Budget

Actual Budget Basis

Variance with Budget Positive

(Negative)Operating RevenuePotable Water Sales 9,015,600$ $ 8,915,569 $ (100,031) Recycle/Non-Potable Water Sales 3,764,900 3,650,013 (114,887) Water Sales to PV 326,217 475,031 148,814 Sewer Revenue 2,475,400 3,267,395 791,995 Meter Revenue 3,290,100 2,488,157 (801,943) Special Services 50,800 82,891 32,091 Pump Zone/Miscellaneous 43,700 120,718 77,018 Total Operating Revenue 18,966,717 18,999,774 33,057

Non-Operating Revenue - Property Taxes 518,300 582,211 63,911 Interest Income 76,700 186,302 109,602 Total Non-Operating Revenues 595,000 768,513 173,513

Operating ExpensesWater Purchases - CMWD 6,484,571 5,126,221 1,358,350 CMWD Fixed Charges 801,701 792,114 9,587 CCP 586,461 449,811 136,650 SMP CMWD 156,200 132,668 23,532 Utilities 1,280,345 1,240,947 39,398 Salaries & Benefits 3,425,655 3,392,976 32,679 Contract/Prof. Svcs 1,635,309 1,313,596 321,713 Supplies & Services 1,872,637 1,827,781 44,856

Total Operating Expenses 16,242,879 14,276,114 1,966,765

Non-Operating ExpensesDebt Service 2011A/2016 756,226 894,369 (138,143) Debt Service 2012 1,118,000 1,118,000 - Capital Replacement Contribution 1,350,000 3,000,000 (1,650,000) Total Non-Operating Expenses 3,224,226 5,012,369 (1,788,143)

Net Operating Results 94,612 479,804 385,192

Capital Fees - 1,842,037 1,842,037 Grants - 93,091 93,091

Net Operating Results 94,612$ 2,414,932$ 2,320,320$

Adjustments to AccountingPrinciples Generally Acceptedin The United States of AmericaDepreciation Expense (2,601,408) Gain on Sale of Asset 11,260 Unrealized Gain on Investments 2,194 Debt Issuance Costs (227,159) Capital Replacement Contribution 3,000,000 Principal Payments on Debt 1,445,000 Amortization of Bonds Premium 81,250

Change in Net Position 4,126,069

Net Position at Beginning of Year 57,824,701 Net Position at End of Year, Restated 61,950,770$

Camrosa Water District Other Supplementary Information Budgetary Comparison Schedule

For the Fiscal Year Ended June 30, 2018 and June 30, 2017

43

Budgetary Policy The District prepares annual operating budgets for planning, control, and evaluation purposes. Project-length budgets, which generally encompass more than one fiscal year, are also prepared for major construction projects. Adopted Operating and Capital Budget In June 2017, the Board of Directors adopted a $20.8 million budget for FY2017-18. The District adheres to the budget policies and budgetary controls. The schedule on the previous page presents the Adopted Operating Budget amounts and compares them to actual amounts as presented on a modified accrual basis, which are different from the amounts presented in the Statements of Revenues, Expenses, and Changes in Net Position for the Fiscal Years ended June 30, 2018 and 2017. Monthly and Quarterly Financial Reporting In accordance with best financial management practices, Finance provides monthly financial reports to District Staff and quarterly financial reports to the Board of Directors. Performance compared to the budget is monitored throughout the year. These monthly financial reports are prepared to provide timely information on the financial progress of the District. Annual Financial Reporting The District elects to present the budgetary schedule, optional for Enterprise Funds, in accordance with best practices recommended by professional accounting organizations and in keeping the District’s commitment to transparency in financial reporting and disclosure. The schedule is prepared on a budgetary basis and compares the adopted budget to actual expenses for the period as presented on Budgetary Comparison Schedule in Other Supplementary Information.

44

Insert Auditor’s Internal Control over Financial Reporting

45

Insert Auditor’s Internal Control over Financial Reporting

46

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47

Statistical Section

This part of the District’s annual financial report presents detailed background to the financial statements and preceding narrative sections, and corroboration of statements as to the District’s overall financial health. Contents: Pages: Financial Trends schedules contain trend information to help the reader 48-55 understand how the District’s financial performance and well-being have changed over time. Revenue Capacity schedules contain information to help the reader 56-67 assess the District’s most significant local revenue source; water sales. Debt Capacity schedules present information to help the reader assess 68-71 the affordability of the District’s current levels of outstanding debt and the District’s ability to issue additional debt in the future. Operational Information schedules present historical water demand, water 72-77 Source and District’s facilities to help the reader understand how the information in the District’s financial reports relates to the services the District provides and the activities it performs. Demographic and Economic Information schedules assist reader to understand 78-79 the environment within which the District’s financial activities take place.

48

Financial Trends

49

Table 1 – Net Position by Component (1 of 2)

2009 2010 2011 2012

Net Position Net investment in capital assets 37,682,761$ 38,292,496$ 38,692,636$ 30,139,020$ Restricted - - - - Unrestricted 8,322,671 9,130,997 9,168,791 18,808,381 Total Net Position 46,005,432$ 47,423,493$ 47,861,427$ 48,947,401$

(accrual basis of accounting)

Camrosa Water DistrictNet Position by Component

Last Ten Fiscal Years

50

Table 1 – Net Position by Component (2 of 2)

2013 2014 2015 2016 2017 2018

32,243,467$ 41,338,152$ 41,644,267$ 43,002,970$ 43,454,256$ 43,930,663$ - - - - - -

19,597,906 14,197,247 11,883,870 14,821,731 18,496,514 21,690,553 51,841,373$ 55,535,399$ 53,528,137$ 57,824,701$ 61,950,770$ 65,621,216$

Last Ten Fiscal YearsNet Position by Component

Camrosa Water District

(accrual basis of accounting)

51

Table 2 – Changes in Net Position (1 of 2)

2009 2010 2011 2012

Water Revenue 9,540,569$ 10,012,122$ 10,314,160$ 10,925,574$ Sewer Revenue 2,313,136 2,480,174 2,715,834 2,860,876 Meter Revenue 1,378,646 1,628,975 1,628,392 1,622,818 Other 96,869 150,235 173,426 113,114

Total Operating Revenues 13,329,220 14,271,506 14,831,812 15,522,382

Operating ExpensesWater Purchases 6,455,776 6,429,288 6,595,635 7,039,814 Utilities 1,087,263 1,075,069 1,103,378 1,019,844 Salaries & Benefits 2,312,621 2,442,034 2,611,732 2,646,411 Outside Contract/Professional Services 748,021 986,798 983,420 1,058,357 Supplies & Services 883,894 821,618 1,032,974 848,344 Amortization - - - 14,191 Depreciation 2,081,938 2,044,529 2,065,661 2,077,598

Operating Expenses 11,487,575 13,799,336 14,392,800 14,704,559

Operating Income 1,841,645 472,170 439,012 817,823

Non-Operating RevenuesProperty Taxes 524,378 526,832 506,299 499,273 Interest Income 227,080 126,871 104,910 61,341 Unrealized Gain on Investments - - - - Gain on Disposal of Fixed Asset 500 - - -

Non-Operating Revenues 751,958 653,703 611,209 560,614

Non-Operating ExpensesLoss on Disposal (Impairment) of Capital Asset - - 73,920 14 Debt Issuance Costs - - - - Unrealized loss on Investment - - - - Interest Expense 532,014 488,170 444,148 573,241

Non-Operating Expenses 532,014 488,170 518,068 573,255

Income Before Capital Contributions 2,061,589 637,703 532,153 805,182

Capital Contributions 288,572 780,358 92,737 280,792 Grants 2,157 - - -

290,729 780,358 92,737 280,792

Change in Net Position before Cumulative 270,380 1,418,061 624,890 1,085,974

Cummulative Effect of Accounting Changes - - (186,956) -

Change in Net Position 270,380 1,418,061 437,934 1,085,974

Net Position Beginning of Year 45,735,052 46,005,432 47,423,493 47,861,427

Net Position at End of Year 46,005,432$ 47,423,493$ 47,861,427$ 48,947,401$

Camrosa Water DistrictChanges in Net Position

Last Ten Fiscal Years

52

Table 2 – Changes in Net Position (2 of 2)

2013 2014 2015 2016 2017 2018

12,263,213$ 13,563,401$ 12,870,854$ 12,059,982$ 13,084,503$ 16,235,441$ 2,886,205 3,121,845 3,189,312 3,233,519 3,267,395 3,314,305 1,642,204 2,146,078 2,289,890 2,338,102 2,488,157 2,557,753

77,870 123,790 90,392 157,472 159,719 324,256

16,869,492 18,955,114 18,440,448 17,789,075 18,999,774 22,431,755

8,058,511 9,008,654 8,305,257 7,147,319 6,500,815 7,890,983 1,066,593 1,393,717 1,477,011 1,335,096 1,240,947 1,426,842 2,462,314 2,619,886 2,709,587 2,553,178 3,392,976 3,740,012

946,930 821,497 1,015,370 1,154,828 1,313,596 1,377,908 847,752 1,064,287 1,502,354 1,864,428 1,827,780 2,462,144

- - - - - - 2,123,625 2,133,668 2,179,599 2,354,424 2,601,408 2,684,495

15,505,725 17,041,709 17,189,178 16,409,273 16,877,522 19,582,384

1,363,767 1,913,405 1,251,270 1,379,802 2,122,252 2,849,371

498,948 509,066 544,911 559,558 582,211 657,620 87,209 86,291 87,466 105,523 186,302 393,147

- - - 27,581 2,194 - - - - - 11,260 10,146

586,157 595,357 632,377 692,662 781,967 1,060,913

423 246 110,092 - - - - - - - 227,159 - - - - - - 2,065

567,140 542,633 515,489 475,167 486,119 561,227

567,563 542,879 625,581 475,167 713,278 563,292

1,382,361 1,965,883 1,258,066 1,597,298 2,190,941 3,346,992

51,400 1,201,427 116,963 2,107,391 1,842,037 255,935 1,460,211 839,789 76,298 633,159 93,091 67,519 1,511,611 2,041,216 193,261 2,740,550 1,935,128 323,454

2,893,972 4,007,099 1,451,327 4,337,848 4,126,069 3,670,446

- (313,073) (3,458,589) - - -

2,893,972 3,694,026 (2,007,262) 4,337,848 4,126,069 3,670,446

48,947,401 51,841,373 55,535,399 53,528,137 57,824,701 61,950,770

51,841,373$ 55,535,399$ 53,528,137$ 57,865,985$ 61,950,770$ 65,621,216$

Last Ten Fiscal Years

Camrosa Water DistrictChanges in Net Position

53

Table 3 – Revenues and Capital Contributions by Source

Figure 8 – Historical Revenues and Capital Contributions

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018Operating RevenueWater Revenue 9,540,569$ 10,012,122$ 10,314,160$ 10,925,574$ 12,263,213$ 13,563,401$ 12,870,854$ 12,059,982$ 13,084,503$ 16,235,441$ Sewer Revenue 2,313,136 2,480,174 2,715,834 2,860,876 2,886,205 3,121,845 3,189,312 3,233,519 3,267,395 3,314,305 Meter Revenue 1,378,646 1,628,975 1,628,392 1,622,818 1,642,204 2,146,078 2,289,890 2,338,102 2,488,157 2,557,753 Other 96,869 150,235 173,426 113,114 77,870 123,790 90,392 157,472 159,719 324,256

Non-Operating RevenueProperty Taxes 524,378 526,832 506,299 499,273 498,948 509,066 544,911 559,558 582,211 657,620 Interest Income 227,080 126,871 104,910 61,341 87,209 86,291 87,466 105,523 186,302 393,147 Unrealized Gain on Investments - - - - - - - 27,581 2,194 -

Capital Contributions 288,572 780,358 92,737 280,792 51,400 1,201,427 116,963 2,107,391 1,842,037 255,935 Capital Grant Income 2,157 - - - 1,460,211 839,789 76,298 633,159 93,091 67,519

Total Revenue 14,371,407$ 15,705,567$ 15,535,758$ 16,363,788$ 18,967,260$ 21,591,687$ 19,266,086$ 21,222,287$ 21,705,609$ 23,805,976$

Revenues and Capital Contributions by SourceLast Ten Fiscal Years

$0

$5,000,000

$10,000,000

$15,000,000

$20,000,000

$25,000,000

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Rev

enu

es

Fiscal YearWater Revenue Sewer Revenue Meter Revenue Other

Property Taxes Interest Income Capital Contributions Capital Grant Income

54

Table 4 – Connection Fees & Other Contributions

Figure 9 – Historical Connection Fees & Other Contributions

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018Connection Fees 203,960$ 121,000$ 92,737$ 121,438$ 51,400$ -$ 82,113$ 2,104,091$ 1,484,132$ 158,549$ CSUCI Recycle Line 47,942 50,646 53,503 56,521 59,709 63,077 66,635 70,394 74,365 78,559 In-Kind Contributions 84,612 659,358 - 159,354 - 1,201,427 34,850 3,300 357,905 97,386 Grant 2,157 - - - 1,460,211 839,789 76,298 633,159 93,091 67,519 Totals 338,671$ 831,004$ 146,240$ 337,313$ 1,571,320$ 2,104,293$ 259,896$ 2,810,944$ 2,009,492$ 402,013$

Connection Fees & Other Contributions

Last Ten Fiscal Years

$0

$500,000

$1,000,000

$1,500,000

$2,000,000

$2,500,000

$3,000,000

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Fiscal Year

Connection Fees CSUCI Recycle Line In-Kind Contributions Grant

55

Table 5 – Historical Operating Expenses

Figure 10 – Historical Operating Expenses

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018Water Purchases 7,038,467$ 6,455,776$ 6,429,288$ 6,595,635$ 7,039,814$ 8,058,511$ 9,008,654$ 7,147,319$ 6,500,815$ 7,890,983$ Utilities 1,111,169 1,087,263 1,075,069 1,103,378 1,019,844 1,066,593 1,393,717 1,335,096 1,240,947 1,426,842 Salaries & Benefits 2,183,197 2,312,621 2,442,034 2,611,732 2,646,411 2,462,314 2,619,886 2,553,178 3,392,976 3,740,012 Contract/Prof. Svcs 782,622 748,021 986,798 983,420 1,058,357 946,930 821,497 1,154,828 1,313,596 1,377,908 Supplies & Services 831,789 883,894 821,618 1,032,974 848,344 847,752 1,064,287 1,864,428 1,827,780 2,462,144 Total Operating Expenses 11,947,244 11,487,575 11,754,807 12,327,139 12,612,770 13,382,100 14,908,041 14,054,849 14,276,114 16,897,889

Non-Operating ExpensesInterest Expense - - - - - - - 475,167 486,119 561,227 Loss on Disposal of Capital Assets - - 73,920 14 423 246 - - - - Debt Issuance Costs 227,159 - Loss on Impairment of Capital Asset - - - - - - 110,092 - - - Total Non-Op Expenses - - 73,920 14 423 246 110,092 475,167 713,278 561,227

Depreciation & Amortization 2,041,670 2,081,938 2,044,529 2,065,661 2,091,789 2,123,625 2,133,668 2,354,424 2,601,408 2,684,495

Debt Service 860,000 900,000 950,000 500,000 1,245,000 1,225,000 1,265,000 1,317,500 1,465,000 1,525,000

Total Expenses 14,848,914$ 14,469,513$ 14,823,256$ 14,892,814$ 15,949,982$ 16,730,971$ 18,416,801$ 18,201,940$ 19,055,800$ 21,668,611$

Operating ExpensesLast Ten Fiscal Years

$0

$2,000,000

$4,000,000

$6,000,000

$8,000,000

$10,000,000

$12,000,000

$14,000,000

$16,000,000

$18,000,000

$20,000,000

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Fiscal Year

Water Purchases Utilities Salaries & Benefits Contract/Prof. Svcs Supplies & Services Interest Expense Debt Service

56

Revenue Capacity

57

Table 6 – Historical Imported Water Rates

Figure 11 – Historical Imported Water Rates

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018MWD $579 $701 $744 $794 $847 $890 $923 $942 $979 $1,015Calleguas $190 $237 $237 $262 $272 $283 $287 $315 $321 $360$ A/F $769 $938 $981 $1,056 $1,119 $1,173 $1,210 $1,257 $1,300 $1,375

Import Water RatesLast Ten Years

$0

$200

$400

$600

$800

$1,000

$1,200

$1,400

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

$579 $7

01

$744 $7

94 $847 $890

$923

$942

$979

$1,0

15

$190

$237 $2

37 $262 $2

72 $283 $2

87 $315 $3

21 $360

$769

$938 $981

$1,056

$1,119

$1,173$1,210

$1,257$1,300

$1,375

$ A

cre-

Fo

ot

Calendar Year

Calleguas

MWD

58

Historical Water Commodity Rates

Table 7 – Historical Water Commodity Rates

Potable Water

January 2008

March 2008

January 2009

February 2009

January 2010

January 2011

February 2013

July 2013

July 2014

July 2015

July 2016

July 2017

Residential/Master Meter/Domestic Agricultural First 12 Units $1.36 $1.40 $1.49 $1.75 $2.18 $2.26 $2.37 $2.46 $2.66 $2.80 $2.94 $3.08Residential/Master Meter/Domestic Agricultural 13 Units and Higher $1.66 $1.73 $1.84 $2.07 $2.53 $2.63 $2.69 $2.69 $2.90 $3.05 $3.19 $3.34Commercial/Industrial/Public $1.54 $1.61 $1.72 $2.07 $2.53 $2.63 $2.69 $2.69 $2.90 $3.05 $3.19 $3.34Municipal Irrigation/Residential Irrigation $1.66 $1.73 $1.84 $2.07 $2.53 $2.63 $2.69 $2.69 $2.90 $3.05 $3.19 $3.34Fire Service/Other $1.66 $1.73 $1.84 $2.07 $2.53 $2.63 $2.90 $2.69 $2.90 $3.05 $3.19 $3.34Agricultural Irrigation

MWD Agricultural Discount Rate $1.49 $1.49 $1.49 $1.75 n/a n/a n/a n/a n/a n/a n/aMWD Full Service Rate n/a $1.73 $1.84 $2.07 $2.53 $2.63 $3.29 $2.69 $2.90 $3.05 $3.19 $3.34MWD Tier 2 Rate n/a $2.09 $2.27 $2.33 $2.84 $2.95 $2.69 $3.28 $3.54 $3.72 $3.90 $4.08

Temporary Construction/Temporary Agricultural $1.66 $1.73 $1.84 $2.07 $2.53 $2.63 $3.28 $2.69 $2.90 $3.05 $3.19 $3.34Temporary Municipal $2.16 $2.25 $2.39 $2.53 $3.09 $3.21 $3.28 $3.28 $3.54 $3.72 $3.90 $4.08Emergency Water Service $2.66 $2.77 $2.95 $3.13 $3.82 $3.97 $4.06 $4.06 $4.37 $4.60 $4.82 $5.05Commercial/Industrial/Public Out of Bounds $1.96 $2.04 $2.17 $2.17 $2.65 $2.75 $2.81 $3.32 $3.58 $3.76 $3.94 $4.13Residential Out of Bounds First 12 Units $1.77 $1.77 $1.77 $2.12 $2.65 $2.75 $2.81 $2.81 $3.03 $3.19 $3.34 $3.50Residential Out of Bounds 13 Units and Higher $2.12 $2.12 $2.12 $2.56 $3.12 $3.24 $3.32 $3.32 $3.58 $3.76 $3.94 $4.13

Non-Potable/Recycled Water Service January

2008March 2008

January 2009

February 2009

January 2010

January 2011

February 2013

July 2013

July 2014

July 2015

July 2016

July 2017

Non-Potable Commercial Agricultural $0.50 $0.55 $0.55 $0.60 $0.70 $0.70 $0.70 $0.89 $1.08 $1.26 $1.45 $1.64Non-Potable Landscape Irrigation Water $0.50 $0.55 $0.55 $0.60 $0.70 $0.70 $0.70 $0.89 $1.08 $1.26 $1.45 $1.64Non-Potable Residential Landscape $0.50 $0.55 $0.55 $0.60 $0.70 $0.70 $0.70 $0.89 $1.08 $1.26 $1.45 $1.64Non-Potable Temporary Construction $0.50 $0.55 $0.55 $0.60 $0.70 $0.70 $0.70 $0.89 $1.08 $1.26 $1.45 $1.64Non-Potable Commercial Agricultural (contractual cu $0.46 $0.46 $0.46 $0.46 $0.46 $0.46 $0.46 $0.50 $0.54 $0.59 $0.60 $0.61Blended Non-Potable Agricultural $0.78 $0.96 $0.96 $1.09 $1.25 $1.76 $1.92 $2.03 $2.24 $2.46 $2.67 $2.88

MWD Agricultural Discount Rate $0.24 $0.96 $0.96 $1.09MWD Full Service Rate $1.07 $1.14 $1.25 $1.76 $1.92 $2.03 $2.24 $2.46 $2.67 $2.88MWD Tier 2 Rate $1.21 $1.33 $1.38 $1.98 $2.17 $2.29 $2.53 $2.78 $3.02 $3.25

Recycled Commercial Agricultural $0.24 $0.37 $0.89 $1.08 $1.26 $1.45 $1.64Recycled Landscape Irrigation $0.40 $0.40 $0.40 $0.40 $0.55 $0.55 $0.55 $0.89 $1.08 $1.26 $1.45 $1.64Recycled Commercial Agricultural (contractual) $0.24 $0.24 $0.24 $0.27 $0.37 $0.37 $0.37 $0.37 $0.38 $0.38 $0.39 $0.40Recycled Surplus Water (Served Outside District) $0.36 $0.36 $0.36 $0.36 $0.49 $0.49 $0.49 $0.89 $1.08 $1.26 $1.45 $1.64

59

Camrosa Water District Historical Water Meter Service Charge

Table 8 – Historical Water Meter Service Charge

Table 9 – Historical Sewer Rates

Potable/Non-Potable Irrigation/Blended Agricultural

April 2007

March 2008

Janaury 2009

February 2009

July 2013

July 2014

July 2015

July 2016

July 2017

3/4" (MM) $5.49 $6.47 $7.45 $8.43 $5.55 $5.90 $6.11 $6.32 $6.553/4" $5.60 $6.60 $7.60 $8.60 $11.56 $12.29 $12.72 $13.17 $13.641" $7.20 $9.36 $11.79 $14.33 $19.26 $20.48 $21.20 $21.95 $22.72

1.5" $11.20 $16.12 $21.93 $28.67 $38.54 $40.98 $42.42 $43.91 $45.462" $16.00 $24.27 $34.18 $45.87 $61.66 $65.57 $67.87 $70.25 $72.733" $31.20 $50.19 $73.24 $100.33 $134.87 $143.41 $148.44 $153.66 $159.094" $83.20 $132.00 $152.00 $172.00 $231.21 $245.86 $254.48 $263.43 $272.736" $123.80 $198.00 $228.00 $258.00 $346.82 $368.79 $381.72 $395.15 $409.108" n/a n/a n/a n/a $578.03 $614.65 $636.19 $358.58 $681.83

Domestic Agricultural3/4" $9.70 $13.07 $15.05 $17.03 $17.11 $18.19 $18.83 $19.49 $20.181" $11.30 $15.83 $19.24 $22.76 $24.81 $26.38 $27.31 $28.27 $29.27

1.5" $15.30 $22.59 $29.38 $37.10 $44.09 $46.88 $48.53 $50.23 $52.012" $20.10 $30.74 $41.63 $54.30 $67.21 $71.47 $73.97 $76.58 $79.28

3" $35.50 $56.66 $80.69 $108.76 $140.42 $149.31 $154.55 $159.99 $165.604" $89.70 $138.47 $159.45 $180.43 $236.76 $251.76 $260.58 $269.75 $279.286" n/a n/a n/a n/a $352.37 $374.69 $387.82 $401.47 $415.648" n/a n/a n/a n/a $583.58 $620.55 $642.30 $664.90 $688.37

Blended Agricultural1" $7.20 $9.36 $11.79 $14.33 n/a n/a n/a n/a n/a

1.5" $11.20 $14.56 $18.34 $22.30 n/a n/a n/a n/a n/a2" $14.60 $18.98 $23.91 $29.06 n/a n/a n/a n/a n/a3" $18.40 $23.92 $30.31 $36.63 n/a n/a n/a n/a n/a4" $31.40 $40.82 $51.42 $62.51 n/a n/a n/a n/a n/a6" $54.40 $70.72 $89.08 $108.30 n/a n/a n/a n/a n/a

Fire Service

1" $30.00 $40.00 $40.00 $40.00 $43.61 $46.38 $48.00 $49.69 $51.451.5" $30.00 $40.00 $40.00 $40.00 $43.61 $46.38 $48.00 $49.69 $51.45

2" $30.00 $40.00 $40.00 $40.00 $43.61 $46.38 $48.00 $49.69 $51.453" $30.00 $40.00 $40.00 $40.00 $43.61 $46.38 $48.00 $49.69 $51.454" $30.00 $40.00 $40.00 $40.00 $43.61 $46.38 $48.00 $49.69 $51.456" $30.00 $40.00 $40.00 $40.00 $87.20 $92.73 $95.98 $99.35 $102.868" $30.00 $40.00 $40.00 $40.00 $156.98 $166.92 $172.77 $178.85 $185.1710" $30.00 $40.00 $40.00 $40.00 $261.68 $278.26 $288.01 $298.15 $308.67

Monthly Meter Service Charge

60

Table 10 – Historical Billed Wastewater Connections

Note: Beginning in 2008 through 2011, the decline of EDUs is directly related to the effort made by CSUCI to upgrade aging sewer system on campus to minimize infiltration and otherwise reduce wastewater flows.

Figure 12 – Historical Billed Wastewater Connections

Number of Percentage Fiscal Year Connections Increase

2009 9,203 -1.76%2010 8,722 -5.23%2011 8,698 -0.28%2012 8,752 0.62%2013 8,810 0.66%2014 8,857 0.53%2015 8,858 0.01%2016 8,811 -0.53%2017 8,768 -0.49%2018 8,843 0.86%

Historical Billed Wastewater ConnectionsLast Ten Fiscal Years

8,400

8,500

8,600

8,700

8,800

8,900

9,000

9,100

9,200

9,300

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

# o

f C

on

nec

tio

ns

Fiscal Year

61

Table 11 – Historical Billed Water Connections

Figure 13 – Historical Billed Water Connections

Fiscal Year

Single Family Residential

Multi-Family Residential

Commercial/ Industrial/Public Irrigation Agricultural Other Total

2009 7,277 3 219 457 176 122 8,254 2010 7,322 3 222 494 129 112 8,282 2011 7,332 3 216 497 131 115 8,294 2012 7,387 3 217 496 125 112 8,340 2013 7,309 3 219 495 128 114 8,268 2014 7,288 3 217 493 128 112 8,241 2015 7,343 3 219 498 122 115 8,300 2016 7,304 3 204 504 123 115 8,253 2017 7,276 3 224 518 115 118 8,254 2018 7,326 3 228 529 133 117 8,336

Historical Billed Water ConnectionsLast Ten Fiscal Years

6,600

6,800

7,000

7,200

7,400

7,600

7,800

8,000

8,200

8,400

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Nu

mb

er o

f C

on

nec

tio

ns

Fiscal Year

Single Family Residential Multi-Family Residential Commercial/ Industrial/Public Irrigation Agricultural Other

62

Table 12 – Ten Largest Water Customers

CustomerCustomer

Type Acre-FeetAnnual

Revenues% of Water

Sales1 Leisure Village Residential 1070 1,075,823$ 5.72%2 Reiter Brother Inc Agricultural 1413 768,774 4.09%3 Calif. State University CI Commercial 443 478,868 2.55%4 Laubacher Farms Agricultural 492 409,053 2.18%5 Crumpler & Kruger Commercial 267 396,495 2.11%6 A Hartman Ranch, Inc. Agricultural 494 350,132 1.86%7 Camlam Farms, Inc. Agricultural 818 249,475 1.33%8 Waters Family Farm Agricultural 166 220,542 1.17%9 Lopez Agricultural 262 192,344 1.02%

10 Pleasant Valley Park & Rec. District Commercial 114 173,279 0.92%

Total Ten Largest Customers 5,539 4,314,783 22.96%All Other Customers 10,154 14,478,413 77.04%Total Water Revenue for District 15,693 $ 18,793,196 100.00%

Ten Largest Cutsomers - Current Year and Nine Years Ago

Fiscal Year 2018

CustomerCustomer

Type Acre-FeetAnnual

Revenues% of Water

Sales1 Leisure Village Residential 877 619,188$ 5.67%2 Reiter Brother Inc Agricultural 995 358,914 3.29%3 Crumpler & Kruger Commercial 384 300,378 2.75%4 Calif. State University CI Commercial 466 287,358 2.63%5 Boskovich Farms Agricultural 963 258,235 2.36%6 Mike Brucker Ranch Co. Agricultural 789 161,179 1.48%7 A Hartman Ranch, Inc. Agricultural 443 124,965 1.14%8 Tierra Cavo LLC Agricultural 232 111,296 1.02%9 Pleasant Valley Park & Rec. District Commercial 123 101,848 0.93%

10 3H Custom Farming/Hansen Agricultural 784 96,950 0.89%

Total Ten Largest Customers 6,056 2,420,312 22.17%All Other Customers 10,535 8,498,903 77.83%Total Water Revenue for District 16,591 $ 10,919,215 100.00%

Fiscal Year 2009

63

Table 13 – Ten Largest Wastewater Customers

Customer EDUsAnnual

Revenue

% of Wastewater

Sales

1 Leisure Village 2,162 812,378$ 24.51%2 CSUCI 822 308,940 9.32%3 Rancho Adolfo Mobile Home Estates 255 95,839 2.89%4 Avalon Bay 161 60,510 1.83%5 Essex Camino Inc. 161 60,510 1.83%6 Adolfo Camarillo High School 59 22,175 0.67%7 Emeritus at Camarillo 56 21,047 0.64%8 Camino Ruiz LLC 47 17,664 0.53%9 Marriott Brighton Gardens 42 15,785 0.48%

10 Pleasant Valley School 38 14,282 0.43%Total Ten Largest Wastewater Customers 3,803 $ 1,429,132 43.12%All Other Customers 5,040 1,885,173 56.88%Total Wastewater Revenue for District 8,843 $ 3,314,305 100.00%

Ten Largest Wastewater Cutsomers - Current Year and Nine Years AgoFiscal Year 2018

Customer EDUsAnnual

Revenue

% of Wastewater

Sales

1 Leisure Village 2,149 541,548$ 23.41%2 CSUCI 1,218 306,936 13.27%3 Rancho Adolfo Mobile Home Estates 255 64,260 2.78%4 Corte Madera Apartments 161 40,572 1.75%5 Essex Camino Inc. 161 40,572 1.75%6 Adolfo Camarillo High School 59 14,868 0.64%7 Emeritus at Camarillo 56 14,112 0.61%8 Kilroy Realty 47 11,844 0.51%9 Marriott Brighton Gardens 42 10,584 0.46%

10 Pleasant Valley School 38 9,576 0.41%Total Ten Largest Wastewater Customers 4,186 $ 1,054,872 45.60%All Other Customers 5,017 1,258,264 54.40%Total Wastewater Revenue for District 9,203 $ 2,313,136 100.00%

Fiscal Year 2009

64

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65

Table 14 – Water Deliveries by Class

Potable Water 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018Residential 6,312 5,397 5,464 5,663 5,988 6,388 5,550 4,610 5,139 5,487Commercial/Industrial 728 579 570 594 672 677 584 539 545 562Institutional and Governmental 476 422 413 390 432 408 352 336 332 368Landscape 747 653 669 698 795 887 745 567 665 783Agriculture 1,061 506 534 550 694 488 396 401 360 374Other (Misc) 11 12 13 12 20 36 38 15 21 29

Total Potable Water 9,335 7,569 7,663 7,907 8,601 8,884 7,665 6,468 7,062 7,603

Non-Potable WaterLandscape 1,436 1,253 1,146 1,182 1,359 1,505 1,327 1,233 1,328 1,418Agriculture 4,834 4,567 4,150 4,166 4,953 5,340 4,630 3,962 5,093 5,772Recycled Water 986 945 1,000 945 1,104 1,249 1,323 1,204 1,104 958

Total Non-Potable Water 7,256 6,765 6,296 6,293 7,416 8,094 7,280 6,399 7,525 8,148

Total Acre-Feet Deliveries 16,591 14,334 13,959 14,200 16,017 16,978 14,945 12,867 14,587 15,751

Last Ten Fiscal YearsWater Deliveries By Class - Acre-Feet

66

Figure 14 – Historical Potable Water Deliveries

Figure 15 – Historical Non-Potable Water Deliveries

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

10,000

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Acr

e-F

eet

Fiscal Year

Residential Commercial/Industrial Institutional and Governmental Landscape Agriculture Other (Misc)

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Acr

e-F

eet

Fiscal Year

Agriculture Landscape Recycled Water

67

Table 15 – Historical Assessed Valuations

Fiscal Year

Secured AssessedValuation

Unsecured AssessedValuation Total % Change

2009 4,701,419,944 256,976,589 4,958,396,533 1.74%2010 4,598,449,550 276,492,368 4,874,941,918 -1.68%2011 4,562,003,372 261,933,824 4,823,937,196 -1.05%2012 4,539,279,662 216,151,708 4,755,431,370 -1.42%2013 4,567,072,569 209,920,926 4,776,993,495 0.45%2014 4,678,271,589 139,077,637 4,817,349,226 0.84%2015 4,907,112,472 128,877,820 5,035,990,292 4.54%2016 5,145,103,092 115,142,342 5,260,245,434 4.45%2017 5,330,477,983 121,837,738 5,452,315,721 3.65%2018 5,583,931,181 165,603,337 5,749,534,518 5.45%

Assessed Valuations

Fiscal Year

Secured Assessed

Charge

Amount Delinquent

June 30% Delinquent

June 302009 501,225 $7,361 NA2010 492,411 $26,862 5%2011 488,083 $20,315 4%2012 482,308 $11,761 2%2013 484,896 $6,987 1.44%2014 489,840 $5,749 1.17%2015 512,858 $4,255 0.83%2016 540,450 $7,397 1.37%2017 567,163 $4,543 0.80%2018 591,316 $4,466 0.76%

Secured Tax Charges and Delinquencies

68

Debt Capacity

69

Table 16 – Total Outstanding Debt

Figure 16 – Outstanding Debt

Fiscal Year 2001 2011A

2011ABond

Premium2012

Refunding

2012 Refunding

Bond Premium 2016A

2016 Refunding

Bond Premium

Total Outstanding

Debt Per Capita2009 10,935,000 - - - - - - 10,935,000 165.31$ 2010 10,035,000 - - - - - - 10,035,000 150.47$ 2011 9,085,000 - - - - - - 9,085,000 138.01$ 2012 - 9,630,000 289,259 7,575,000 694,152 - - 18,188,410 273.89$ 2013 - 9,275,000 273,658 6,685,000 602,131 - - 16,835,789 253.44$ 2014 - 8,910,000 258,057 5,825,000 510,111 - - 15,503,168 232.25$ 2015 - 8,535,000 242,456 4,935,000 418,091 - - 14,130,547 210.42$ 2016 - 8,150,000 226,854 4,030,000 326,071 - - 12,732,925 182.10$ 2017 - - - 3,085,000 234,051 13,520,000 1,546,815 18,385,866 264.70$ 2018 2,100,000 142,031 12,980,000 1,492,627 16,714,658 241.44$

$0

$2,000,000

$4,000,000

$6,000,000

$8,000,000

$10,000,000

$12,000,000

$14,000,000

$16,000,000

$18,000,000

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Fiscal Year

Outstanding Debt

2012 Refunding 2011A 2001 2016A

70

Table 17 – Historical Water Debt Coverage

Table 18 – Historical Wastewater Debt Coverage

Fiscal Year Revenues

Operating & Maint. Costs

Net Revenues Principal Interest Total

Coverage Ratio

2009 11,589,830 9,875,054 1,714,776 522,020 313,053 835,073 2.05 2010 12,329,460 9,954,143 2,375,317 546,300 288,184 834,484 2.85 2011 12,550,739 10,396,830 2,153,909 576,650 261,359 838,009 2.57 2012 13,033,994 10,696,641 2,337,353 303,500 406,810 710,310 3.29 2013 14,318,654 11,606,550 2,712,104 795,000 442,000 1,237,000 2.19 2014 16,362,572 13,206,095 3,156,477 785,000 423,600 1,208,600 2.61 2015 15,858,152 13,150,593 2,707,559 810,000 404,975 1,214,975 2.23 2016 16,651,844 12,294,192 4,357,652 847,500 380,325 1,227,825 3.55 2017 17,864,464 11,983,683 5,880,781 980,000 412,969 1,392,969 4.22 2018 20,041,849 14,368,286 5,673,563 1,040,000 493,881 1,533,881 3.70

Water Debt CoverageCamrosa Water District

Fiscal Year Revenues

Operating & Maint. Costs

Net Revenues Principal Interest Total

Coverage Ratio

2009 2,699,622 1,612,521 1,087,101 337,980 202,685 540,665 2.01 2010 2,716,748 1,800,663 916,085 353,700 186,583 540,283 1.70 2011 2,985,019 1,930,308 1,054,711 373,350 169,216 542,566 1.94 2012 3,170,439 1,919,638 1,250,801 196,500 201,559 398,059 3.14 2013 3,188,395 1,779,060 1,409,335 450,000 205,800 655,800 2.15 2014 3,187,900 1,705,455 1,482,445 440,000 195,900 635,900 2.33 2015 3,296,787 1,858,986 1,437,801 455,000 185,925 640,925 2.24 2016 3,905,306 1,760,668 2,144,638 470,000 172,175 642,175 3.34 2017 3,385,467 2,292,431 1,093,036 505,000 114,399 619,399 1.76 2018 3,581,230 2,501,042 1,080,188 517,500 115,850 633,350 1.71

Camrosa Water DistrictWastewater Debt Coverage

71

72

Operational Information

73

Table 19 – Historical Water Demand/Sources

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Total Demand - Acre-Feet 16,591 14,334 13,959 14,200 16,017 16,978 14,845 12,867 14,587 15,751

Groundwater/WellsTierra Rejada Basin 458 482 435 514 428 443 367 36 164 350 Santa Rosa Basin 2,344 1,755 1,666 1,908 2,822 2,981 1,997 1,462 2,123 2,995 Pleasant Valley Basin 927 819 720 809 183 295 761 972 777 902 Perched Aquifer - - - - - 10 263 883 664 1

Groundwater/Wells 3,729 3,056 2,821 3,231 3,433 3,729 3,388 3,353 3,728 4,248

Imported Water Calleguas 7,188 6,267 5,551 5,594 5,910 6,196 4,978 4,125 3,612 3,979

Imported Water 7,188 6,267 5,551 5,594 5,910 6,196 4,978 4,125 3,612 3,979

Non-Potable/Recycled WaterConejo Creek 4,167 4,465 3,743 4,061 4,930 5,736 5,109 4,886 4,718 5,849 Santa Rosa Basin 1,186 845 1,178 1,009 1,109 883 722 586 542 513 Imported Water 805 741 530 695 701 837 997 1,412 975 1,459 Camrosa WRF (Recycled) 980 926 899 1,071 1,006 1,250 1,323 1,204 1,104 958 CamSan WWTP (Recycled) - - - - - - - - - -

Non-Potable/Recycled Water 7,138 6,977 6,350 6,836 7,746 8,706 8,151 8,088 7,339 8,780

Total Sources of Production 18,055 16,300 14,722 15,661 17,089 18,631 16,517 15,566 14,679 17,007

Camrosa Water DistrictHistorical Water Demand/Sources

Last Ten Fiscal Years(Acre-Feet)

74

Figure 17 – Historical Water Demand by Source

-

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

10,000

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Acr

e-F

eet

Fiscal Year

Water Sources

Imported Water Groundwater/Wells Non-Potable/Recycled Water

75

Table 20 – District Facilities Information

Established

Water System

Service Area 31 (Square miles)

Water Facilities: Potable Non-Potable

Miles of pipeline 188 34

Number of groundwater wells 8 4

Number of pumping stations 8 5

Number of meter stations 13

Number of reservoirs 10 4

Number of treatment plants 1

Number of fire hydrants 1083 43

Average Daily Water Production, MGD 13.76

Maximum Daily Water Production, MGD 277

Minimum Daily Water Production, MGD 60

Wastewater Facilities:

Tertiary-treated Title 22 water

Sewer Lift Stations 5

Primary treatment, MGD 1.5

Average Daily Wastewater Flow, MGD 1.3

Maximum Daily Wastewater Flow, MGD 1.39

Minimum Daily Wastewater Flow, MGD 1.26

Camrosa Water DistrictFacilities Information

Water System

1962

76

Table 21 – Historical Capital Assets

Figure 18 – Historical Capital Assets

Fiscal Year Water Plant

Sanitation Plant

Buildings & Equipment

Accumulated Depreciation

Net Capital Assets (less

Construction in Progress)

Construtcion in Progress

2009 46,167,027 28,528,707 3,061,716 (31,053,322) 46,704,128 960,541 2010 47,262,538 28,948,327 3,142,255 (33,097,851) 46,255,269 1,092,822 2011 48,533,925 29,287,966 2,264,143 (34,812,429) 45,273,605 1,548,836 2012 50,240,680 28,208,866 2,364,852 (36,878,808) 43,935,590 2,806,680 2013 50,859,678 28,305,869 2,485,603 (38,902,145) 42,749,005 4,773,887 2014 52,739,159 28,412,029 2,507,268 (41,010,945) 42,647,511 10,601,204 2015 53,155,862 28,411,372 2,579,360 (43,152,352) 40,994,242 11,306,033 2016 63,438,656 29,108,335 2,830,255 (45,455,622) 49,921,624 2,544,641 2017 64,799,973 29,782,538 3,053,596 (47,909,462) 49,726,646 3,359,879 2018 66,919,253 30,767,634 3,253,617 (50,528,555) 50,411,949 1,894,279

Camrosa Water DistrictHistorical Capital Assets

$0

$10,000,000

$20,000,000

$30,000,000

$40,000,000

$50,000,000

$60,000,000

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Fiscal Year

Historical Capital Assets

Net Capital Assets Construtcion in Progress

77

78

Demographic and

Economic Information

79

Table 22 – Demographic and Economic Statistics

Figure 19 – City of Camarillo Population

Figure 20 – City of Camarillo Unemployment Rate

Year

Unemployment Rate Population

Personal Income

(in thousands)

Per Capital Personal Income

2009 7.3% 66,149 2,494,346 37,708 2010 7.6% 66,690 2,646,326 39,681 2011 7.3% 65,830 2,477,973 37,642 2012 6.6% 66,407 2,439,394 36,734 2013 5.6% 66,428 2,613,278 39,340 2014 4.4% 66,752 2,572,222 38,534 2015 4.4% 67,154 2,586,638 38,518 2016 5.8% 69,924 2,963,380 42,380 2017 4.5% 69,460 2,958,440 42,592 2018 3.6% 69,229 3,271,440 47,225

Source: City of Camarillo CAFR and UCSB Economic Forecast Project

Note (1) The District has chosen to use the City of Camarillo's data as a representative of the District.

Camrosa Water DistrictDemographic and Economic Statistics

Last Ten Calendar Years

City of Camarillo (1)

63,000

64,000

65,000

66,000

67,000

68,000

69,000

70,000

71,000

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Population 10 Years

City of Camarillo

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

City of Camarillo Unemployment Rate

       Board Memorandum 

Agenda Item #4 

November 15, 2018  To: General Manager     From: Sandra Llamas, Sr. Accountant  Subject:   First Quarter Budget Status Report 

Objective:  Receive a report from staff regarding the status of the Fiscal Year (FY) 2018‐19 budget. Action Required: No action necessary; for information only.  Discussion: Staff has prepared a “budget to actual” financial status report reflecting FY 2018‐19 first quarter results for the Board’s information and review. The attached budget status report provides first quarter “budget to actual” comparisons and a year‐to‐date variance from the quarterly budget amounts.  

Water Program: The Potable Water Program’s water deliveries through the month of September were 2,339 acre‐feet (AF) and budgeted deliveries were 2,260 AF. Total Operating Revenues are 104% of budget. Total Expenses are 103% of budget. Net Operating Results before capital fees and grant receivable is $64,451.00 greater than budget. The District received $252,550.00 in capital fees from development and $7,362.00 for grant receivable related to Proposition 84 grant proceeds for the PV Well project. 

The Non‐Potable Water Program’s water deliveries through the month of September were 2,686 acre‐feet (AF) and budgeted deliveries were 2,399 AF. Total Operating Revenues are 113% of budget. Total Expenses are 88% of budget. Net Operating Results before mitigation and in‐lieu fees is $348,337.00 greater than budget. The District received $637,597.00 in mitigation fees from development. 

Wastewater Program: The Wastewater Program’s Total Operating Revenues are 100% of budget and Total Expenses are 122% of budget. Total expenses include an encumbered amount of $310,242.00. Net Operating Results before capital fees is $118,249.00 less than budget. The District received $37,400.00 in capital fees from development. 

 

 

Agenda Item #4 

 

Water Program1st QTR Budget

1st QTR Actual & Encumb

VarianceActual %

Qtly Budget

Revenues Water Sales: Potable 3,214,304$ 3,339,516$ 125,212$ 104% Recycle/Non-Potable 1,393,600 1,577,189 183,589 113% Water Sales to Pleasant Valley 31,115 26,268 (4,847) 84%Meter Service Charge 643,175 656,567 13,392 102%Special Services 24,594 26,440 1,846 108%Pump Zone/Miscellaneous 11,815 20,321 8,506 172%

Total Operating Revenues 5,318,603$ 5,646,301$ 327,698$ 106%

Operating ExpensesImport Water Purchases-Calleguas 2,146,760$ 2,355,978$ (209,218)$ 110%Calleguas Fixed Charge 206,070$ 206,070 - 100%Conejo Creek Project 192,299 184,287 8,012 96%Salinity Management Pipeline-Calleguas 63,636 1,793 61,843 3%Production Power 486,885 444,411 42,474 91%

Total Production 3,095,650$ 3,192,539$ (96,889)$ 103%

Regular Salaries 438,561$ 411,895$ 26,666$ 94%Overtime/Standby 13,260 7,797 5,463 59%Part Time 6,328 7,157 (829) 113%Benefits 209,801 191,838 17,963 91%

Total Salaries & Benefits 667,950$ 618,687$ 49,263$ 93%

Outside Contracts 210,358$ 193,472$ 16,886$ 92%Professional Services 83,314 27,547 55,767 33%

Total Outside Cont/Profess Services 293,672$ 221,019$ 72,653$ 75%

Utilities 19,472$ 17,531$ 1,941$ 90%Communications 8,975 7,349 1,626 82%Pipeline Repairs 40,500 120,699 (80,199) 298%Small Tools & Equipment 5,750 1,033 4,717 18%Materials & Supplies 121,799 42,636 79,163 35%Repair Parts & Equipment Maintenance 213,125 233,467 (20,342) 110%Legal Services 7,313 4,706 2,607 64%Dues & Subscriptions 7,129 4,669 2,460 65%Conference & Travel 5,233 2,277 2,956 44%Safety & Training 4,079 3,006 1,073 74%Board Expense 22,750 12,225 10,525 54%Bad Debt 1,381 - 1,381 0%Fees & Charges 28,775 20,163 8,612 70%Insurance 17,063 15,494 1,569 91%

Total Supplies & Services 503,344$ 485,255$ 18,089$ 96%

Total Expenses 4,560,616$ 4,517,500$ 43,116$ 99%

Net Operating Revenues 757,987$ 1,128,801$ 370,814$ 149%

Less: Non-Operating Expenses Debt Service 2011A/2016 213,596$ 213,596$ -$ 100% Debt Service 2012 170,625 170,625 - 100% Capital Replacement Contribution 249,000 249,000 - 100%

Total Non-Operating Expenses 633,221$ 633,221$ -$ 100%

Add: Non-Operating Revenues Interest Revenues 54,962$ 111,555$ 56,593$ 203% Taxes 15,654 1,035 (14,619) 7%Total Non-Operating Revenues 70,616$ 112,590$ 41,974$ 159%

Net Operating Results 195,382$ 608,170$ 412,788$ 311%

Capital Fees -$ 252,550$ 252,550$ -Mitigation & In-Lieu Fees - 637,597 637,597 -Grants - 7,362 7,362 -

-$ 897,509$ 897,509$ -Net Operating Results After Capital Fees & Grants 195,382$ 1,505,679$ 1,310,297$ 771%

Debt Ratio 2.16 5.55

Water Program

Agenda Item #4 

Potable Water Program1st QTR Budget

1st QTR Actual & Encumb

VarianceActual %

Qtly Budget

Revenues Water Sales: Potable 3,214,304$ 3,339,516$ 125,212$ 104%Meter Service Charge 588,600 592,548 3,948 101%Special Services 16,379 17,180 801 105%Pump Zone/Miscellaneous 7,486 11,881 4,395 159%

Total Operating Revenues 3,826,769$ 3,961,125$ 134,356$ 104%

Operating ExpensesImport Water Purchases-Calleguas 1,907,976$ 2,121,947$ (213,971)$ 111%Calleguas Fixed Charge 206,070 206,070 - 100%Salinity Management Pipeline-Calleguas 63,636 1,793 61,843 3%Production Power 156,680 153,387 3,293 98%

Total Production 2,334,362$ 2,483,197$ (148,835)$ 106%

Regular Salaries 285,065$ 267,732$ 17,333$ 94%Overtime/Standby 8,619 5,068 3,551 59%Part Time 4,113 4,652 (539) 113%Benefits 136,371 124,695 11,676 91%

Total Salaries & Benefits 434,168$ 402,147$ 32,021$ 93%

Outside Contracts 134,146$ 143,818$ (9,672)$ 107%Professional Services 42,073 14,324 27,749 34%

Total Outside Cont/Profess Services 176,219$ 158,142$ 18,077$ 90%

Utilities 16,577$ 15,265$ 1,312$ 92%Communications 4,667 3,821 846 82%Pipeline Repairs 32,500 120,699 (88,199) 371%Small Tools & Equipment 3,940 572 3,368 15%Materials & Supplies 101,595 28,605 72,990 28%Repair Parts & Equipment Maintenance 119,110 143,097 (23,987) 120%Legal Services 3,803 2,447 1,356 64%Dues & Subscriptions 3,707 2,428 1,279 66%Conference & Travel 2,721 1,184 1,537 43%Safety & Training 2,121 1,563 558 74%Board Expense 11,830 6,357 5,473 54%Bad Debt 718 - 718 0%Fees & Charges 21,955 10,985 10,970 50%Insurance 8,873 8,057 816 91%

Total Supplies & Services 334,117$ 345,080$ (10,963)$ 103%

Total Expenses 3,278,866$ 3,388,567$ (109,701)$ 103%

Net Operating Revenues 547,903$ 572,558$ 24,655$ 104%

Less: Non-Operating Expenses Debt Service 2011A/2016 205,948$ 205,948$ -$ 100% Capital Replacement Contribution 249,000 249,000 - 100%

Total Non-Operating Expenses 454,948$ 454,948$ -$ 100%

Add: Non-Operating Revenues Interest Revenues 48,066 96,633 48,567 201% Taxes 9,393 621 (8,771) 7%

Total Non-Operating Revenues 57,459$ 97,254$ 39,796$ 169%

Net Operating Results 150,414$ 214,864$ 64,451$ 143%

Capital Fees -$ 252,550$ 252,550$ -Mitigation & In-Lieu Fees - - - -Grants - 7,362 7,362 -

-$ 259,912$ 259,912$ -Net Operating Results After Capital Fees & Grants 150,414$ 474,776$ 324,363$

Potable Water Program

Agenda Item #4 

Non-Potable Water Program1st QTR Budget

1st QTR Actual & Encumb

VarianceActual %

Qtly Budget

Revenues Water Sales: Recycle/Non-Potable 1,393,600$ 1,577,189$ 183,589$ 113% Water Sales to Pleasant Valley 31,115 26,268 (4,847) 84%Meter Service Charge 54,575 64,019 9,444 117%Special Services 8,215 9,260 1,045 113%Pump Zone/Miscellaneous 4,329 8,440 4,111 195%

Total Operating Revenues 1,491,834$ 1,685,176$ 193,342$ 113%

Operating ExpensesImport Water Purchases-Calleguas 238,784$ 234,031$ 4,753$ 98%Conejo Creek Project 192,299 184,287 8,012 96%Production Power 330,205 291,024 39,181 88%

Total Production 761,288$ 709,342$ 51,946$ 93%

Regular Salaries 153,496$ 144,163$ 9,333$ 94%Overtime/Standby 4,641 2,729 1,912 59%Part Time 2,215 2,505 (290) 113%Benefits 73,430 67,143 6,287 91%

Total Salaries & Benefits 233,782$ 216,540$ 17,242$ 93%

Outside Contracts 76,212$ 49,654$ 26,558$ 65%Professional Services 41,241 13,223 28,018 32%

Total Outside Cont/Profess Services 117,453$ 62,877$ 54,576$ 54%

Utilities 2,895$ 2,266$ 629$ 78%Communications 4,308 3,528 780 82%Pipeline Repairs 8,000 - 8,000 0%Small Tools & Equipment 1,810 461 1,349 25%Materials & Supplies 20,204 14,031 6,173 69%Repair Parts & Equipment Maintenance 94,015 90,370 3,645 96%Legal Services 3,510 2,259 1,251 64%Dues & Subscriptions 3,422 2,241 1,181 65%Conference & Travel 2,512 1,093 1,419 44%Safety & Training 1,958 1,443 515 74%Board Expense 10,920 5,868 5,052 54%Bad Debt 663 - 663 0%Fees & Charges 6,820 9,178 (2,358) 135%Insurance 8,190 7,437 753 91%

Total Supplies & Services 169,227$ 140,175$ 29,052$ 83%

Total Expenses 1,281,750$ 1,128,934$ 152,816$ 88%

Net Operating Revenues 210,084$ 556,243$ 346,159$ 265%

Less: Non-Operating Expenses Debt Service 2011A/2016 7,648$ 7,648$ -$ 100% Debt Service 2012 170,625 170,625 - 100% Capital Replacement Contribution - - -

Total Non-Operating Expenses 178,273$ 178,273$ -$ 100%

Add: Non-Operating Revenues Interest Revenues 6,896$ 14,922$ 8,026$ 216% Taxes 6,262 414 (5,848) 7%

Total Non-Operating Revenues 13,158$ 15,336$ 2,178$ 117%

Net Operating Results 44,969$ 393,306$ 348,337$ 875%Capital Fees - - - -Mitigation & In-Lieu Fees - 637,597 637,597 -

-$ 637,597$ 637,597$ -Net Operating Results After Capital Fees & Grants 44,969$ 1,030,903$ 985,934$

Non-Potable Water Program

Agenda Item #4 

Wastewater Program1st QTR Budget

1st QTR Actual & Encumb

VarianceActual %

Qtly Budget

Revenues Sewer Service Charge 829,825$ 830,399$ 574$ 100%Special Services 13,243 14,236 993 108%

Pump Zone/Miscellaneous - 1,367 1,367 -

Total Operating Revenues 843,068$ 846,002$ 2,934$ 100%

Operating ExpensesSalinity Management Pipeline-Calleguas 2,694$ 4,462$ (1,768)$ 166%

Total Production 2,694$ 4,462$ (1,768)$ 166%

Regular Salaries 236,148$ 221,790$ 14,358$ 94%Overtime/Standby 7,140 4,199 2,941 59%Part Time 3,407 3,854 (447) 113%Benefits 112,970 103,297 9,673 91%

Total Salaries & Benefits 359,665$ 333,140$ 26,525$ 93%

Outside Contracts 158,279$ 323,476$ (165,197)$ 204%Professional Services 18,208 14,833 3,375 81%

Total Outside Cont/Profess Services 176,487$ 338,309$ (161,822)$ 192%

Utilities 8,048$ 5,039$ 3,009$ 63%Communications 4,832 3,957 875 82%Pipeline Repairs 2,500 - 2,500 0%Small Tools & Equipment 1,837 559 1,278 30%Materials & Supplies 30,064 22,379 7,685 74%Repair Parts & Equipment Maintenance 36,625 88,252 (51,627) 241%Legal Services 3,938 2,534 1,404 64%Dues & Subscriptions 4,589 2,514 2,075 55%Conference & Travel 2,818 1,226 1,592 44%Safety & Training 2,196 1,619 577 74%Board Expense 12,250 6,583 5,667 54%Bad Debt 744 - 744 0%Fees & Charges 12,096 (2,583) 14,679 -21%Insurance 9,188 8,343 845 91%

Total Supplies & Services 131,725$ 140,422$ (8,697)$ 107%

Total Expenses 670,571$ 816,333$ (145,762)$ 122%

Net Operating Revenues 172,497$ 29,669$ (142,828)$ 17%

Less: Non-Operating Expenses Debt Service 2011A/2016 47,913$ 47,913$ -$ 100% Debt Service 2012 110,400 110,400 - 100% Capital Replacement Contribution 25,000 25,000 - 100%

Total Non-Operating Expenses 183,313$ 183,313$ -$ 100%

Add: Non-Operating Revenues Interest Revenues 23,404$ 47,983$ 24,579$ 205%

Total Non-Operating Revenues 23,404$ 47,983$ 24,579$ 205%

Net Operating Results 12,588$ (105,661)$ (118,249)$ -839%Capital Fees - 37,400 37,400

-$ 37,400$ 37,400$ -Net Operating Results After Capital Fees & Grants 12,588$ (68,261)$ (80,849)$

Debt Ratio 1.24 0.73

Wastewater Program

Agenda Item #4 

CIP No. Description Budget Expenses Encumbrance BalanceExpense/Enc to Budget %

Potable Capital Improvement

600-15-01 Pump Station 2 to 3 1,080,000.00 57,122.12 - 1,022,877.88 5%

Total Potable Capital Improvement 1,080,000.00$ 57,122.12$ -$ 1,022,877.88$ 5%

General Replacements

400-19-01 District Headquarters and Security Renovation 150,000.00 - - 150,000.00 0%

General Replacements 150,000.00$ -$ -$ 150,000.00$ 0%

Potable Capital Replacement -

650-15-01 PV Well #1 4,467,000.00 1,289,828.57 441,666.85 2,735,504.58 39%

650-17-05 Chloramination Project 193,500.00 171,325.19 872.82 21,301.99 89%

650-19-01 Meter Station Rehabilitation (MS #6) 200,000.00 - - 200,000.00 0%

650-19-02 Well Rehabilitation (Conejo Well #4) 247,500.00 - - 247,500.00 0%

650-19-03 RMWTP Pretreatment Remediation 350,000.00 146,805.69 122,407.19 80,787.12 77%

Total Potable Capital Replacement 5,458,000.00$ 1,607,959.45$ 564,946.86$ 3,285,093.69$ 40%

Non-Potable Capital Replacement -

750-16-01 CamSan Recycle Line 1,025,000.00 141,095.75 451,898.18 432,006.07 58%

750-16-03 Non-Potable Freeway Crossing 1,100,000.00 108,845.93 886,581.46 104,572.61 90%

750-19-01 Pond Rip Rap 60,000.00 59,964.50 - 35.50 100%

Total Non-Potable Capital Replacement 2,185,000.00$ 309,906.18$ 1,338,479.64$ 536,614.18$ 75%

Wastewater Bond Funds -

900-18-01 CWRF Upgrades 82,500.00 - - 82,500.00 0%

900-18-02 De-Watering Press 108,000.00 58,313.90 44,988.10 4,698.00 96%

900-18-03 Effluent Pond Relining 84,000.00 50,978.08 25,394.92 7,627.00 91%

Total Wastewater Bonds 274,500.00$ 109,291.98$ 70,383.02$ 94,825.00$ 65%

Water Bond Funds -

800-17-01 Reservoir Seismic Retrofit & Site Rehabilitation 502,000.00 57,615.00 - 444,385.00 11%

800-18-03 University Well & RMWTP Generators 570,000.00 26,359.84 5,602.49 538,037.67 6%

Total Water Bonds 1,072,000.00$ 83,974.84$ 5,602.49$ 982,422.67$ 8%

Total CIPs 10,219,500.00$ 2,168,254.57$ 1,979,412.01$ 6,071,833.42$ 41%

Capital Project Listing 1st Quarter Results

Agenda Item #5 

    

   Board Memorandum 

 November 15, 2018  To:  General Manager    From:  Ian Prichard, Water Resource Manager  Subject:   UWMP Amendment   

 Objective:  Amend the 2015 Camrosa Water District Urban Water Management Plan (UWMP). 

 Action Required:  Adopt the attached Resolution Adopting Amendments to the Camrosa Water District 2015 Urban Water Management Plan.   Discussion:  State law requires urban water suppliers to update their UWMPs every five years. On June 9, 2016, the Board of Directors adopted Camrosa’s 2015 UWMP. Subsequent review by the California Department of Water Resources (DWR) found one substantive and three minor inconsistencies that require correction. 

The calculations for the 2015 and 2020 GPCD Targets were calculated correctly (in SB X7‐7 Table 7‐A) but misrepresented in other places. GPCD Targets constitute substantive elements of the UWMP, and their correction requires adoption of amendment by resolution of the agency’s governing body at a duly noticed public hearing.  

Other inconsistencies were minor. Table 2‐1 was uploaded to the DWR UWMP portal but was not included in the print UWMP; it has been included. Tables 8‐2 and 8‐3 did not reflect all the information within the text of the UWMP regarding water shortage contingency planning; these tables have been filled in to accurately reflect all the data in the plan.  

On September 27, 2018, the Camrosa Board of Directors set a public hearing date of November 15, 2018 

to consider adoption of the UWMP amendments. This date was duly noticed according to Government Code 6066.  

  

Resolution No: 18‐19

A Resolution of the Board of Directors of Camrosa Water District 

Adopting Amendments to the  Camrosa Water District 2015 Urban Water Management Plan

Whereas,  the Urban Water Management Planning Act  (Water Code Sections 10631‐10633, 10635, 10642  et  seq.)  requires  urban water  suppliers  providing municipal water  directly  or  indirectly  to more  than 3,000 customers, or who supply more than 3,000 acre  feet of water annually, to adopt an Urban Water Management Plan (UWMP); and 

Whereas, the Water Conservation Act of 2009 (also known as SB X7‐7) requires the state to reduce urban water consumption by twenty percent by the year 2020 and specifies that the UWMP act as the  vehicle  for  the  calculation of  this goal and  the demonstration of progress  towards  it, both  in terms of gallons per capita per day (GPCD); and 

Whereas, the Board of Directors, on June 9, 2016 adopted the Camrosa Water District 2015 UWMP, which included a 2020 Target GPCD of 332 and a 2015 Interim Target GPCD of 324; and 

Whereas,  review  of  the  Camrosa  2015 UWMP  by  the  California Department  of Water  Resources (DWR)  found  a misrepresentation  of  the  2015  Interim  and  2020  GPCD  Targets  and  requires  the errors be corrected; and  

Whereas, GPCD Targets are considered  substantive elements of an UWMP and  substantive errors must be amended by resolution of the governing body of the urban water supplier; and  

Whereas,  Camrosa  has  amended  its  UWMP  to  reflect  these  changes  and  made  the  draft amendments available for public review; and 

Whereas,  a  properly  noticed  public  hearing  regarding  the  UWMP  amendments was  held  by  the Board of Directors on November 25, 2018;  

Now, Therefore, Be It Resolved by the Camrosa Water District Board of Directors that the Camrosa Water District amended 2015 Urban Water Management Plan is hereby adopted. 

Adopted, Signed, and Approved this 15th day of November, 2018. 

_______________________________      ______________________________ (ATTEST) Eugene F. West President        Tony L. Stafford, Secretary Board of Directors          Board of Directors Camrosa Water District        Camrosa Water District 

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Company Name: CAMROSA WATER DISTRICT

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Address: 7385 SANTA ROSA ROAD, CAMARILLO, CA, 93012

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CAMROSA WATER DISTRICT BOARD OF DIRECTORS NOVEMBER 15, 2018ALL INTERESTED PARTIES

AMMENDMENT to the 2015 Urban Water

Management Plan

Camrosa Water District (Cam-rosa) hereby provides public notice that a draft amendment to its 2015 Urban Water Man-agement Plan is available for public review.

Urban Water Management Plan

The purpose of this Public Hearing is to give the public the opportunity to submit written comments regarding amend-ments to the 2015 Urban Water Management Plan (UWMP) for the Camrosa Water Dis-trict. The UWMP provides a comprehensive assessment of Camrosa’s water resource needs for a 20-year planning period and provides the Cal-ifornia Department of Water Resources (DWR) with infor-mation on present and future water sources and demands.

The UWMP was developed in response to California Water Code Sections 10620, 10621, 10631-10635 and 10642 of the Urban Water Management Planning Act, adopted by the Camrosa Board in June 2016, and submitted to DWR. Review by DWR identified one signif-icant error and three minor errors. The significant error was a misrepresentation of the 2020 Target GPCD. Amend-ments containing corrections to significant errors must be adopted by Board resolution after due public notice in accordance with Government Code 6066.

The plan is available for public review at the Camrosa office, the Camarillo Public Library, and the Camrosa Water Dis-trict website at www.camro-sa.com.

All written comments on the Plan are to be submitted by Friday, November 9, 2018, 5:00 P.M. to:

Ian Prichard, Water Resource Manager

7385 Santa Rosa RoadCamarillo, CA 93012

Email: ianp@camrosa.com

Public HearingA public hearing receive com-ments on the Plan amend-ments will be held at the Camrosa Board of Director’s meeting on November 15, 2018, after which the Board will consider adoption. Published: Nov. 4, 11, 2018 Ad No. 2155980

CAMROSA WATER DISTRICT BOARD OF DIRECTORS NOVEMBER 15, 2018ALL INTERESTED PARTIES

AMMENDMENT to the 2015 Urban Water

Management Plan

Camrosa Water District (Cam-rosa) hereby provides public notice that a draft amendment to its 2015 Urban Water Man-agement Plan is available for public review.

Urban Water Management Plan

The purpose of this Public Hearing is to give the public the opportunity to submit written comments regarding amend-ments to the 2015 Urban Water Management Plan (UWMP) for the Camrosa Water Dis-trict. The UWMP provides a comprehensive assessment of Camrosa’s water resource needs for a 20-year planning period and provides the Cal-ifornia Department of Water Resources (DWR) with infor-mation on present and future water sources and demands.

The UWMP was developed in response to California Water Code Sections 10620, 10621, 10631-10635 and 10642 of the Urban Water Management Planning Act, adopted by the Camrosa Board in June 2016, and submitted to DWR. Review by DWR identified one signif-icant error and three minor errors. The significant error was a misrepresentation of the 2020 Target GPCD. Amend-ments containing corrections to significant errors must be adopted by Board resolution after due public notice in accordance with Government Code 6066.

The plan is available for public review at the Camrosa office, the Camarillo Public Library, and the Camrosa Water Dis-trict website at www.camro-sa.com.

All written comments on the Plan are to be submitted by Friday, November 9, 2018, 5:00 P.M. to:

Ian Prichard, Water Resource Manager

7385 Santa Rosa RoadCamarillo, CA 93012

Email: ianp@camrosa.com

Public HearingA public hearing receive com-ments on the Plan amend-ments will be held at the Camrosa Board of Director’s meeting on November 15, 2018, after which the Board will consider adoption. Published: Nov. 4, 11, 2018 Ad No. 2155980

Agenda Item #6 

    

   Board Memorandum 

 November 15, 2018  To:               General Manager  From:          Terry Curson, District Engineer  Subject:      CamSan Interconnection Recycled Waterline – Metering and Control Facilities, Phase 2 

 Objective: Award a contract for the construction of metering, valving, and controls at Camrosa’s Pond Facilities.  Action Required:  It is recommended that the Board of Directors authorize the General Manager to award a contract to Travis Agricultural Construction, in the amount of $110,645.00, to construct Phase 2 of the CamSan Interconnection Recycled Waterline.  Discussion: The City of Camarillo’s Sanitation District (CamSan) was mandated to remove wastewater effluent flows from the Calleguas Creek by December 2017. Since that time, they have obtained several permit extensions; the most recent is valid until the end of 2018.  CamSan has recently completed construction of a 24‐inch recycled pipeline from their wastewater treatment plant to approximately 200‐feet short of Calleguas’s Salinity Management Pipeline balancing tank.  

On June 22, 2017, the Camrosa’s Board authorized the General Manager to enter into an agreement with CamSan to take surplus recycled water from the newly constructed CamSan turn‐out. The agreement estimates availability of approximately 500 acre‐feet until December 31, 2017, and 800 acre‐feet per year thereafter; however, this availability is not guaranteed by CamSan. In addition, the agreement allows Camrosa the opportunity to recover capital construction costs for the necessary distribution and control facilities, but does not include planning, engineering, construction management, or various other indirect construction fees. During this recovery period, Camrosa would receive recycled water at no cost and then begin paying a commodity rate of $111.20/AF, annually adjusted by the CPI. 

On July 13, 2018, Camrosa advertised and released for bid, Phase 1 of the CamSan Interconnection Recycled Waterline, and on August 30, 2018, the Board awarded a contract to Toro Enterprises, Inc. Toro has nearly completed construction of the first phase of the project. The second phase is needed to provide the necessary metering, valving, and controls at Camrosa’s storage ponds. Initially, all recycled water received from CamSan will be discharged into Pond No. 4, which is reserved exclusively for Pleasant Valley County Water District. The metering and control facilities will allow District staff to meter flows, control discharge pressures, and move water to other areas of the ponds to facilitate operational efficiency and flexibility. The project consists of a single meter, control valve, various piping, fittings, electrical work, and a discharge outlet to Pond No. 4.  

An in‐house design was prepared and solicited for bid. Four (4) contractors requested plans and attended a mandatory pre‐bid job walk. Three informal bids were received and opened on November 5, 2018, and are summarized as follows:   

Agenda Item #6 

Contractor        Location      Proposed Cost    1. Travis Agricultural      Ventura, CA      $110,645.00     2. J&H Engineering      Camarillo, CA      $123,600.00 3. Turf Construction      Camarillo, CA      $164,350.00  Staff reviewed the bids and qualifications and determined that Travis Agricultural Construction, a licensed contractor having performed similar projects for various public agencies in Ventura County as well as the District, is the low bidder. Travis Agricultural Construction bid of $110,645.00 is responsive, and review of their qualifications and experience indicates that they are also a responsible contractor. 

Below is an approximate breakdown of project costs:      

Construction              $110,645.00   District Pre‐Purchased Equipment         $  35,000.00* (Installed by Contractor)       

  Electrical/Controls             $  15,000.00*                    Estimated Total Construction Costs        $160,645.00    Approximate Available Funds (FY2018‐19 Budget)    $400,000.00             This is an existing approved Capital Improvement Project.  

* Estimated

Agenda Item #7 

    

   Board Memorandum 

 November 15, 2018  To:                General Manager  From:           Terry Curson, District Engineer  Subject:       Shea Homes Residential Community Project (St. John’s Seminary) Tract 5976 

 Objective:  Accept all dedicated easements, water rights, and in‐fee parcel (lot 182) for Tract 5976.  Action Required:  Authorize the General Manager to sign the Shea Homes Residential Community Project Tract Map 5976 and accept all dedicated easements, water rights, and in‐fee parcel (lot 182).  Discussion:  Shea Homes has submitted a request for approval of Residential Development Permit 198 (RPD‐198) for the development of a senior citizen (over 55) housing development of 281 residential units. 

The project site is approximately 83 acres and is part of the larger 134 acre property historically known as St. John’s Seminary, located north of Upland Road and east of the Calleguas Creek. Within the project site is the now abandoned St. John’s Seminary College Campus. 

On October 25, 2017, the City of Camarillo Council approved Tentative Tract 5976 and changed the land use from agricultural and open space to low‐medium density residential. Specifically, Tract 5976 will eventually consist of 175 single family units and 6 condominium lots (106 units) for a total of 281 residential units.   

Over the last several years, Shea Homes has been working with the District in securing the necessary water and sewer services for this project. Both water and sewer master plans were developed that identified existing water and sewer capacity, potable water mitigation, needed in‐tract water and sewer infrastructure, as well as other off‐site system improvements. 

Shea Homes has obtained pre‐approval from the City of Camarillo to start their mass grading and construction of certain storm drain and various other minor improvements. The tract map is complete and ready for signature by the District to accept all dedicated easements, water rights, and in‐fee parcel (lot 182). Final acceptance of the tract map is expected in early 2019. 

Agenda Item #8 

    

   Board Memorandum 

 November 15, 2018  To:  General Manager    From:  Jozi Scholl, Manager of Customer Accounts/Business  Subject:   Resolution Authorizing the President of the Board to Cast a Ballot for Election of a 

Regular Special District Member and an Alternate Special District Member to the Ventura County LAFCo 

 Objective:  Cast a ballot to elect a Regular Special District Member and an Alternate Special District Member to the Ventura County Local Agency Formation Commission (LAFCo).  Action Required:  Adopt the attached Resolution Authorizing the President of the Board to Cast a Ballot in the Election for a Regular Special District Member and an Alternate Special District Member to the Ventura County LAFCo.  Discussion:  The District received notification from the Executive Officer of LAFCo of the upcoming election for a Regular Special District Member and an Alternate Special District Member to the Ventura County LAFCo. The letter and ballot are attached. Also enclosed are the statements of the candidates for each position. The Board may vote for one candidate for each position. Ballots are due to LAFCo by close of business Friday, December 14, 2018.    

 Resolution No: 18‐20  

A Resolution of the Board of Directors of Camrosa Water District 

   Authorizing the President of the Board to Cast a Ballot in the Election for  

a Regular Special District Member and an Alternate Special District Member  to the Ventura County LAFCo 

 Whereas, the Ventura County Local Agency Formation Commission (LAFCo) has notified the District of the upcoming election for a Special District Regular Member and an Alternate Special District Member to the Ventura County LAFCo; and 

Whereas, the District has been notified of the slate of candidates and official procedure for electing a Special District Regular Member and an Alternate Special District Member to the Ventura County LAFCo; and 

Whereas, the Members of the Board have carefully considered the qualifications of the candidates for the position;  

Now, Therefore, Be It Resolved by the Camrosa Water District Board of Directors that the President of the Board  is authorized  to  cast a Ballot  in  the election  for a Regular Special District Member and an Alternate Special District Member to the Ventura County LAFCo; and 

Be It Further Resolved that the Ballot be cast in favor of ______________________________________, a nominee from the slate of candidates for the Regular LAFCo Special District Member position; and 

Be It Further Resolved that the Ballot be cast in favor of ______________________________________, a nominee from the slate of candidates for the Alternate LAFCo Special District Member position. 

Adopted, Signed, and Approved this 15th day of November, 2018.   

  

__________________________________ Eugene F. West, President Board of Directors Camrosa Water District     

__________________________________ (ATTEST) Tony L. Stafford, Secretary Board of Directors Camrosa Water District    

 

County Government Center • Hall of Administration • 800 S. Victoria Avenue, L# 1850 • Ventura, CA 93009

Tel (805) 654-2576 • Fax (805) 477-7101 www.ventura.lafco.ca.gov

INDEPENDENT SPECIAL DISTRICTS SELECTION COMMITTEE Regular Special District Member and

Alternate Special District Member to the Ventura LAFCo

Camrosa Water District

This is the Official Ballot for the Independent Special Districts Selection Committee for the purpose of electing the following positions to the Ventura LAFCo: 1. Elect one special district regular member to the Ventura LAFCo for a four-year term beginning January

1, 2019 and ending January 1, 2023; and 2. Elect one special district alternate member to the Ventura LAFCo for a four-year term beginning

January 1, 2019 and ending January 1, 2023. The election consists of two candidates for the special district regular member and three candidates for the special district alternate member (listed below in alphabetical order). Please vote for only one candidate for each position. A minimum of 16 qualified votes must be returned by the deadline to establish a quorum of the independent special districts. The candidate receiving the most votes of the quorum shall be elected. In the event of a tie vote, the outcome will be determined by lot. PLEASE RETURN THIS SIGNED BALLOT to the Ventura LAFCo, 800 S. Victoria Avenue, L#1850, Ventura, CA 93009, or if previous consent has been given to conduct elections via e-mail, send your signed ballot to kai.luoma@ventura.org. All Ballots MUST be signed by the district president/chair or presiding

officer of the board and received by 5 P.M. Friday, December 14, 2018 to be considered.

As the District President, Chair or Presiding Officer, I duly certify that the Camrosa Water District does hereby cast its ballot as follows:

____________________________________ ___________________________________ Board President/Chair/Presiding Officer (print name) Board President/Chair/Presiding Officer (Signature) __________________________ Date

2. ALTERNATE LAFCo SPECIAL DISTRICT MEMBER FOR A FOUR-YEAR TERM BEGINNING JANUARY 1, 2019 (vote for one)

John (Jack) Curtis

Ojai Valley Sanitary District

Neal Dixon Pleasant Valley Recreation and Park District

Andy Waters Calleguas Municipal Water District

1. REGULAR LAFCo SPECIAL DISTRICT MEMBER FOR A FOUR-YEAR TERM BEGINNING JANUARY 1, 2019 (vote for one)

Russ Baggerly Ojai Valley Sanitary District

Elaine Freeman Rancho Simi Recreation and Park District

VENTURA LOCAL AGENCY FORMATION COMMISSION COUNTY GOVERNMENT CENTER ⚫ HALL OF ADMINISTRATION

800 S. VICTORIA AVENUE, L# 1850 ⚫ VENTURA, CA 93009

TEL (805) 654-2576 ⚫ FAX (805) 477-7101

WWW.VENTURA.LAFCO.CA.GOV

October 23, 2018

President/Chair of the Board Camrosa Water District 7385 Santa Rosa Road Camarillo, CA 93012-9284

RE: Ballot for Election of a Special District Regular Member and an Alternate Member to the Ventura LAFCo

Dear President/Chair of the Board: Enclosed please find your Official Ballot for the election of a special district regular member and a special district alternate member to the Ventura LAFCo for new, four-year terms beginning January 1, 2019 and ending January 1, 2023. This election is being conducted by mail pursuant to California Government Code Section 56332 (or by email, if consent has been received by your District - see enclosed list of those districts which have consented to email). A total of two candidates have been nominated for the regular member position and three for the alternate position. The candidates are listed alphabetically on the Official Ballot and a copy of each candidate’s statement is enclosed. INSTRUCTIONS

• Use the enclosed Official Ballot to vote for only one candidate for each position.

• The Ballot must be signed and dated by the district president/chair or presiding officer.

• All ballots being returned via US Mail must be returned to the Ventura LAFCo at the address listed above. Districts that have previously consented to conduct elections via email can email a copy of the signed ballot to: kai.luoma@ventura.org.

• BALLOTS MUST BE RECEIVED BY 5:00 p.m. FRIDAY, DECEMBER 14, 2018. (Ballots received after 5:00 p.m. Friday, December 14, 2018 will not be counted.)

There are 30 independent special districts eligible to vote in this election. At least 16 districts must return completed/signed ballots to achieve a quorum. If a quorum is achieved, the candidate receiving the most votes for each position will be considered elected. In the event of a tie for the most votes, the outcome will be determined by lot. The election results will be mailed to each district no later than Friday, December 21, 2018. Please let us know if you have questions.

Sincerely, Kai Luoma Executive Officer

Enclosures c: General Manager

VENTURA LOCAL AGENCY FORMATION COMMISSION COUNTY GOVERNMENT CENTER ⚫ HALL OF ADMINISTRATION

800 S. VICTORIA AVENUE, L #1850 ⚫ VENTURA, CA 93009

TEL (805) 654-2576 ⚫ FAX (805) 477-7101

WWW.VENTURA.LAFCO.CA.GOV

INDEPENDENT SPECIAL DISTRICTS IN VENTURA COUNTY

As of October 2018

1. Bardsdale Public Cemetery District 2. Bell Canyon Community Services District* 3. Blanchard/Santa Paula Library District* 4. Calleguas Municipal Water District* 5. Camarillo Health Care District* 6. Camrosa Water District* 7. Casitas Municipal Water District 8. Channel Islands Beach Community Services District* 9. Conejo Recreation & Park District* 10. El Rancho Simi Public Cemetery District 11. Fillmore-Piru Memorial District 12. Fox Canyon Groundwater Management Agency* 13. Hidden Valley Municipal Water District 14. Meiners Oaks Water District* 15. Montalvo Community Services District* 16. Ojai Valley Sanitary District* 17. Ojai Water Conservation District* 18. Oxnard Drainage District No. 1* 19. Oxnard Drainage District No. 2* 20. Oxnard Harbor District* 21. Piru Public Cemetery District 22. Pleasant Valley County Water District 23. Pleasant Valley Recreation & Park District* 24. Rancho Simi Recreation & Park District 25. Saticoy Sanitary District* 26. Triunfo Sanitation District* 27. United Water Conservation District* 28. Ventura County Resource Conservation District 29. Ventura Port District 30. Ventura River County Water District* * Special Districts that have provided written consent to conduct the election via email.

RUSS BAGGERLY119 SOUTH POLl AVENUEOJAI, CALIFORNIA 93023

(805) 646-0767(805) 766-7317

(russ baggerIy65~gmaiI.com)

SOME THINGS I’VE DONE:

Senior Administrative Assistant, Supervisor Maria VanderKolk, District 2, Ventura County,January 1991 to July 1994

Environmental Coalition, intervention, So. Cal. Edison/SDGE Merger, 1990

Citizens Environment Quality Analysis, Owner-Operator

Environmental document consultant, March 1989 to December 1990

Environmental Consultant for Patagonia, Inc., 1988-1989

Administrative Assistant, Los Padres Forest Association/Sunbow Ecology Center, 2000-2003

Baby Boot Company, owner-operated: Design, fabrication, marketing and wholesaledistribution of a quality baby shoe line, 1982 to January 1989

Professional Flamenco Guitarist

Air Pollution Control District, Clean Air Advisory Committee, March 2000

Elected Official, Casitas Municipal Water District Division 5 - 2004 to present

Elected Official, Ojai Valley Sanitary District — 1996 to present

Elected Official, Ojai Valley Municipal Advisory Council — 1996

California Sanitation Risk Management Authority — Executive Board 2002

Workers Compensation Subcommittee, Chair — CSRMA/Driver Associates 1999

Santa Monica Mountains Conservancy, appointed alternate for Supervisor Maria VanderKolk,August 1992

Friends of the Santa Clara River, Founding Board Member

Ormond Beach Task Force, Chairman

Citizens to Preserve the Ojai, Administrative Director, 1988-1989

Environmental Coalition, Board Member, 1987-1990, President 1998

Environmental Defense Center, Board Member, Santa Barbara, 1989-1 990

Southern California Association of Governments, Commissioner Regional AdvisoryCommission, 1989-1 990

ELAINE L. FREEMAN

Candidate Statement for Regular Special District Member of the Ventura Local Agency Formation Commission

Term: January 1, 2019 - January 1, 2023

It has been an honor to serve as your Special District Representative for the Local Agency Formation Commission (LAFCo) for the past four years, and I would ask for your support to continue in this position.

I have been a board member with the Rancho Simi Recreation & Park District for the past 15 years. During this tenure I also served as President of the Ventura County Special District1s Association and as a board member for the California Special District's Association (CSDA). As part of CSDA, I served on their Legislative Committee, reviewing legislation that might impact Special Districts.

As background information, I received a degree in land use (Urban Studies) from UC Riverside, and am the owner of Urban Strategies, a company that provides consulting services regarding land use and government policy. My employment history includes working for the County of Ventura and as a project manager for a local civil engineer.

I have also served as a board member for the Simi Valley Chamber of Commerce and the Simi Valley Community Council, and participate in various local charities, both in Simi Valley and county-wide.

I thoroughly enjoy the LAFCo experience, and would be honored to continue in this position. I believe I bring a broad understanding of the issues that come before the Commission, always keeping in mind the impact of these issues on Special Districts. I am therefore respectfully requesting your vote to serve as your 2019 - 2023 Special District Regular Member.

Thank you for your support,

Elaine L. Freeman

JOHNR. (JACK) CURTIS1160 MORENO DRIVE

OJAI, CALIFORNIA 9302(john.curtis@ojaisan.org)

I returned to the Board in December 2014 after a short break in service. I previously served onthe Board from 2002-2010 during which time I served as Chair, Vice Chair, Board Secretary andAssistant Secretary, as well as serving on numerous board committees.

I have an extensive background in the construction industry, including participating in theconstruction of portions of the Ojai Valley Sanitary District’s collection system in 1963-65. I andmy family moved to the Ojai Valley in April 1962. I have been active in the community for manyyears; serving on numerous local boards and organizations. I am one of the founding Directorsof the Ventura County Special Districts’ Association (VCSDA) and the Association of WaterAgencies (AWA) representing County Water Districts. I served nine years as a Director on theCalifornia Special Districts Association and currently serve as a Director on the Ventura RiverCounty Water Board (VRCWD).

\\ovsD-ARc[1IvEl\M~ Documents\Board\Bios-current Directors\curtis - bio-LAFCO.docx

Neal Dixon

Candidate Statement

for

LAFCo Alternate Board Member

My wife and I moved to Ventura County in 1986 where I established a successful

medical practice and we raised our 5 children. Through the years, we have grown to love

our home and have felt it important to contribute to the betterment of our community.

Through my professional activities, various volunteer efforts and as an elected official I

have sought to make a difference. I believe that I have an ability to understand and

evaluate complex issues in an unbiased way and would be a valuable contributor to

LAFCo. It is my hope that I will have the opportunity to serve in this capacity.

Background

1.) Bachelors Degree in Chemistry California State University Long Beach

2.) Doctor of Medicine USC School of Medicine

3.) Surgical Resident LA County-USC Medical Center, Certified by the American

Board of Surgery

4.) Private Practice, Camarillo 1986-present

5.) Current or former Medical Staff Member St John’s Pleasant Valley Hospital, St

John’s Regional Medical Center. CMH, VCMC and Santa Paula Hospital

6.) Volunteer Coach AYSO Region 68 and Camarillo Pony Baseball

7.) Member Ventura County and California Medical Associations

8.) Former Chairman Department of Surgery JSRMC & St John’s PVH

9.) Former Member St John’s Regional Medical Center Community Board

10.) Former Board Member Camarillo Hospice

11.) Elected Board Member Pleasant Valley Recreation and Park District since 2012

Awards

1.) Attending Teacher of the Year Award, Ventura County Medical Center

2.) Physician of the Year Award, St John’s Pleasant Valley Hospital

3.) Apple of Excellence Award, Camarillo Health Care District

4.) Catharine Macaulay Life Time Achievement Award St John’s Regional Medical

Center.

Community 

Director Waters  was  born  in  Thousand  Oaks  and  grew  up  in Moorpark.    He  is  a  fourth genera on farmer, with a family tradi on of community service.   His grandfather was on the commi ee  that  formed  Calleguas  Municipal  Water  District  in  the  early  1950s  to  bring imported  water  into  Ventura  County.    His  father  served  on  water  agency  boards  in  the Moorpark  area  and  brought  Director  Waters  to  Fox  Canyon  Groundwater  Management Agency mee ngs when he was s ll a teenager.  

Agriculture 

A er  gradua ng  from Moorpark  High  School,  Director Waters  a ended  Cal  Poly  San  Luis Obispo, majoring in agriculture.  Knowing that farming was his lifelong passion, he returned to the family farm  in Ventura County.   He and his wife Heather  live  in Moorpark with their two daughters and their dog, Goose.   He currently works  in the family business, growing berries, avocados, and vegetables  in  the unincorporated areas near Moorpark and Oxnard.   He  is a member of the Associa on of California Water Agencies Agriculture Commi ee, collabora ng with agencies throughout California to resolve water related challenges for agriculture.    

Water Resources 

Director Waters is con nuing the family tradi on of leadership in water resources. A Calleguas Board member since 2012, he is Board Secretary and  Chair of the Groundwater Commi ee.  He serves on the boards of Thermic Mutual Water Company and Berylwood Heights Mutual Water Company.  He is a member of the advisory commi ee for Ventura County Waterworks District No. 1 and Vice Chair of the Las Posas Basin Users Group. He represents water agencies as an alternate member of the Fox Canyon Groundwater Agency Board of Directors.   

Andy Waters Director Waters brings knowledge of the community, agriculture, and water resources to LAFCo.

He wants to see agriculture and water resources operated sustainably for genera ons to come.

He would like to con nue to serve the community in his current role as alternate LAFCo Commissioner represen ng special districts.

2100 Olsen Road 

Thousand Oaks, CA  91360 

(805) 579‐7111 

Board Memorandum 

Agenda Item #9 

 November 15, 2018  To:  General Manager   

From:  Donnie Alexander, Administrative Specialist 

Subject:  Board of Directors Meeting Calendar for 2019 

Objective: Set the Board meeting calendar for 2019. 

Action Required: Adopt a calendar of regular Board meetings for calendar year 2019. 

Discussion: Prior to the beginning of each calendar year, the Board adopts its official calendar for Board meetings. The attached Board meeting calendar has been prepared to provide meetings that generally coincide with the second and fourth Thursday of each month. Where holidays or conferences interfere with that schedule, the meetings have been adjusted to maintain regular opportunities for the Board to conduct the District’s business. Upon adoption, this will become the regular 2019 Board meeting schedule and made available to the public.

2019 CAMROSAR BOARD CALENDAR

Agenda Item #9 

2019 CAMROSAR BOARD CALENDAR

Agenda Item #10 

    

   Board Memorandum 

 November 15, 2018    To:  Board of Directors      From:  General Manager  Subject:   Closed Session Conference with Legal Counsel – Anticipated Litigation 

 Objective:  To confer with and receive advice from counsel regarding pending litigation. 

Action Required:  No action necessary; for information only. 

Discussion:  Significant exposure to litigation pursuant to paragraph (2) or (3) of subdivision (d) of Government Code section 54956.9 – one matter.  

Read File 

Read File  The following material is provided to members of the Board for information only and is not formally a part of the published agenda.  a. Customer Feedback from 10/13/18 Camrosa Facilities Tour b. Cash Position Report (9/2018) c. Statement of Investments (Qtr. Ending 9/30/18) d. 2018 Board Calendar 

Read File: Tour

READ FILE #1: Tour Feedback

November 15, 2018  To:  General Manager    From:  Charlotte Lopez, Public Relations & Government Affairs Representative  Subject:   October 13, 2018 Facilities Tour: Customer Feedback 

 Below are comments received via email (unless otherwise noted) regarding the Camrosa Facilities 

Tour held on Saturday, October 13. Forty‐two customers attended.  

__________________________________________________   Enjoyed the tour, the company, and the thoughtful strategy of protecting our water sustainability. 

—Kevin Gieschen, customer for 30 years   I want to thank you for all the time and effort that you and everyone put into this. It is sure nice to see how dedicated everyone is at Camrosa. What we saw were "old school" values where someone has their job for a long time, and not only works there but lives it as well. We were very impressed, and everyone was GREAT! Also, thanks for the wonderful BBQ and water bottles ‐ nice touch.   It was interesting to see how waste was processed, but I really didn't even know that Camrosa did that ‐ we are on septic.   I would like to see more time dedicated to potable water, how its processed, and what's in it. I know we went over some of it, but I would have liked more. I do have a concern about my water and what has been blended in it before you even get it. For example, it was mentioned that some of the water comes from Calleguas, Metropolitan, American, etc. What do they blend into it and what about the companies that they get it from.  

—Greg Celaya   I definitely enjoyed the tour and was very favorably impressed with all Camrosa employees I met and the improvements you’ve all made in water delivery.  It helped fill in the gaps in my knowledge of how a water reclamation facility works. 

—Ken Lauchner, customer for 23 years  

READ FILE #1: Tour Feedback

  My husband and son really enjoyed the tour.  It was very informative and boosted their confidence in our water district!  They were incredibly impressed with the BBQ. 

—Celine Gietzen    This was a fantastic tour for anyone lucky enough to attend. Thank you Camrosa for giving us the chance to know more where our water comes from!  

—Pat Browne, Woodside Green    (sent via handwritten card) Thank you for a lovely Saturday topped off with an award‐winning BBQ.  We learned a great deal of important information. 

—Nancy and Ron Gradle   It was a pleasure to meet you all. Thank you for a very informative tour and the food was top notch. Double thanks for the water bottle ‐ love the wider rim and will use it often.  

—Cheryl Harwood                  Thank you for your time and this wonderful tour on Saturday. Of course also for the delicious lunch. You are great!!!!!!! 

—Joanna Lange 

 I wanted to reach out to you and thank you again for putting on such a great facilities tour last weekend. It was just the right length of time, amount of information, and all understandable.   I shared my experience with my parents, who are also Camrosa customers, and they are in interested in an upcoming tour. Do you happen to have any dates planned?  Lastly, please thank your staff for the delicious breads and barbecue. They were to out of this world! On that same note, I heard the Barbecue Guru (was his name Bill?) may do selective catering. If this is true, is there a way to receive his information?  Again, many thanks!! 

—Matt Stayton   (from Mark Malloy, Chair of PV Parks & Rec Board of Directors, to his Board and staff) Dear Board & Staff,   I attended Camrosa Water District's tour on Saturday morning.  It was a really useful educational experience followed by an amazing BBQ luncheon put on by their staff.  Included was a tour of their desalter and the water reclamation facility at CSUCI.   Planned was a visit to the well site at Woodcreek Park but we ran out of time and didn't get to stop by. 

READ FILE #1: Tour Feedback

  Camrosa is implementing an aggressive plan to develop local water sources and they have already substantially reduced their imported water use.  Not only will this increase in local supply help us control the increase of our water costs, but it also means that if there is a major interruption in supplies of state water, our parks would not have to be sacrificed during what could be a lengthy emergency.   Camrosa also has a unique approach to staffing, which you should hear about directly from Tony Stafford and his crew.  They are indeed a really special, Special District, and it is well worth a few hours of your time to see what they are up to.     Let Charlotte Lopez know you are interested to get on her contact list for their next event in June 2019.    Best Regards, Mark Malloy Chairman, Board of Directors  

FUNDS FY 18-19

UNRESTRICTED FUNDS JULY AUGUST SEPTEMBER OCTOBER

LAIF 22,241,057.23 22,041,057.23 21,641,057.23 1

UNION BANK DEPOSIT ACCOUNT 184,054.72 83,363.31 986,437.34UNION BANK DISBURSEMENTS ACCOUNT 531,388.00 1,543,610.81 454,921.46BANK OF AMERICA-RTL ACCOUNT 667,793.22 356,705.03 383,403.13

TOTAL $ 23,624,293.17 $ 24,024,736.38 $ 23,465,819.16 $

RESTRICTED FUNDSPAYMENT FUND 2012 41.87 75.08 75.08RESERVES 2012 800,387.35 800,467.69 800,554.61 2

PAYMENT FUND 2016 18,196.37 28,265.61 38,275.13 3

RESERVES 2016 879,528.68 879,528.68 879,528.68WATER ACQUISITION FUND 2016 5,942,385.00 5,942,385.00 5,921,564.07 4INSURED CASH SHELTER ACCOUNT (Wastewater Fund) 890,529.91 891,664.42 843,719.11 5,6TOTAL $ 8,531,069.18 $ 8,542,386.48 $ 8,483,716.68 $

GRAND TOTAL $ 32,155,362.35 $ 32,567,122.86 $ 31,949,535.84 $

SerIes 2012-Reserve FundCusip Number Financial Institution Settlement Coupon Maturity

Date Rate

NOVEMBER DECEMBER

$ - $

- $ - $

- $ - $

Amount Accrued Income

17284A2K3 CIT Bank 7/18/2012 2.10% 7/18/2019 247,000.00 1,065.8238143AWZ4 Goldman Sachs Bank 7/18/2012 2.15% 7/18/2019 247,000.00 1,091.2036160NPW3 GE Capital Retail Bank 7/13/2012 2.15% 7/17/2019 247,000.00 1,163.950924U445 Blackrock Liquidity Fun 3/4/2016 1.75% 59,555.00 81.57TOTAL $800,555.00 $3,402.54*Variable Rate

Series 2016-Reserve FundCusip Number Financial Institution Settlement Coupon Maturity Amount Accrued Income

Date Rate

09248u445 Blackrock Liquidity Fun 10/19/2016 1.75% N/A 879,528.68 1,289.43

SerIes 2016-Water AcquIsitIon FundCusip Number Financial Institution Settlement Coupon Maturity Amount Accrued Income

Date Rate

09248u445 Blackrock Liquidity Fun 10/19/2016 1.75% N/A 5,921,564.07 8,701.33

ANTICIPATED OUTFLOWS FINANCE MEETING

Water Purchases September 2018 852,385.59 DATE ,,ç.,.5 10/9/2018Payroll PR 10-1, 10-2 & ME 300,000.00 Tony Stafford-Genera! Manager IAP Check Run 9/5 & 9/19 750,000.00 Tamara Sexton-Manager of FinanceLarge CIP Project Payments Sandra Llamas/Senior Accountant SBond Payments

$ 1,902,385.59

MEETING NOTES:1. Transfers from LAIF to operations in the amount of $400,0002. The 2012 Reserve Fund earned $86.92 in interest3. The 2016 funds earned $10,009.52 in interest. All interest was transferred to the payment fund4. A capital expenditures reimbursement was paid to Camrosa from the Water Acquisition Fund in the amount of $20,820.935. A capital expenditures reimbursement was paid to Camrosa from the Wastewater Acquisition fund in the amount of $49,022.466. The waxtewater acquisition fund earned $1,077.15 in interest

Date Of Call Beginning Opening Closing Value atDeposit Date of Year Balance Balance Maturity

Investment

LAIF N/A State Treasurer Daily Daily 13,774,265 20,741,057 21,759,967$ 100.00% $21,759,967- - -

Total Laif 13,774,265 20,741,057 21,759,967 100.00% 21,759,967

OTHER INVESTMENT TOTALS: - - - 0.00% -

TOTAL OF ALL INVESTMENTS: 13,774,265 20,741,057 21,759,967 100.00%

ACTIVITY FOR THE QUARTER:

LAIF Transfers of fund to General Operations. 600,000 Transfer from Cash Receipts to LAIF 1,500,000 Quarterly Interest as of 10/15/2018 for Qtr ending 9/30/18 118,910

BOND RESERVES

INSTITUION DATE OF DEPOSIT

DATE OF MATURITY

PRINCIPAL INVESTMENT

ACCRUED INCOME COUPON RATE

W & WW Rev Bonds Series 2016 LIQUIDITY FUNDS BLACKROCK 10/19/2016 N/A 879,529$ 1,289.43$ 1.74%879,529$ 1,289.43$

W & WW Rev Bonds Refunding Series 2012 CERTIFICATE OF DEPOSIT (CUSIP #17284A2K3) CIT BANK 7/18/2012 7/18/2019 247,000$ 1,065.82$ 2.10%W & WW Rev Bonds Refunding Series 2012 CERTIFICATE OF DEPOSIT (CUSIP #38143AWZ4) GOLDMAN SACHS BANK 7/18/2012 7/18/2019 247,000$ 1,091.20$ 2.15%W & WW Rev Bonds Refunding Series 2012 CERTIFICATE OF DEPOSIT (CUSIP #36160NPW3) GE CAPITAL RETAIL BANK 7/13/2012 7/17/2019 247,000$ 1,163.95$ 2.15%W & WW Rev Bonds Refunding Series 2012 LIQUIDITY FUNDS BLACKROCK 3/4/2016 59,555$ 81.57$ 1.75%

800,555$ 3,402.54$ TOTAL 1,680,083$

TYPE OF INVESTEMENT INSTITUTIONDATE OFDEPOSIT

DATE OF MATURITY

PRINCIPAL INVESTEMENT

ACCRUEDINCOME RATE OF RETURN

W&WW Rev Bonds Series 2016 WATER ACQUISITION FUND BLOCKROCK 10/19/2016 N/A 5,921,564$ 8,701.33$ 1.75%W&WW Rev Bonds Series 2016 INSURED CASH SHELTER ACCOUNT WASTE WATER WILMINGTON TRUST N/A N/A 843,719$ 1.50%

6,765,283$ 8,701$

BOND ACQUISITION FUNDS

CAMROSA WATER DISTRICTStatement of Investments

FY 18-19For Quarter Ending: 9/30/2018 (10/15/18)

TYPE OF INVESTMENT

1 Mo 3 Mo 6 Mo 1 Yr 2 Yr 3 Yr 5 Yr 7 Yr 10 Yr 20 Yr 30 Yr2.13 2.23 2.4 2.6 2.85 2.9 2.96 3.04 3.09 3.18 3.24

TREASURY BILL RATES (9/30/2018)

LAIF Performance Report PMIA Average MonthlyApportionment Rate 2.16% Effective YieldEarnings Ratio 0.00005909460836489 Sept 2018 2.063Daily 2.09% Aug 2018 1.998Quarter to Date 2.00% Jul 2018 1.944

Investments 9-30-2018.xlsx\Statement of Investments

Quarterly Investment Report

-

5,000,000.00

10,000,000.00

15,000,000.00

20,000,000.00

25,000,000.00

-2000000

-1500000

-1000000

-500000

0

500000

1000000

1500000

2000000

Aug-15

Oct-15

Jan-16

May-16

Jul-16

Aug-16

Nov-16

Jan-17

Mar-17

May-17

Jul-17

Oct-17

Jan-18

Feb-18

Apr-18

Jul-18

Aug-18 LAIF

Bal

ance

Tran

sfer

s

Interest Transfers Balance

2018 Camrosa Board Calendar

Read File