Where we get our information
We are using a 20-year model of General Fund revenues and expenses. The model was created for the Board of Directors to illustrate the effects of different Special Tax levels. It incorporates:
- 20 year General Fund cash flow model
- 20 year Capital Improvement Plan
- 20 year Police & Gate expense projections
This model follows the same format and inflationary indexes as the utility rate studies. It also incorporates the same sustainability goals:
- Cover operational expenses
- Cover capital expenses
- Adhere to the District policy on minimum fund balance
What does the model say?
- current expenses exceed current revenues
- projected future expenses exceed projected future revenues
- at the present rate, the General Fund will exhaust its excess reserve fund balance within 7-8 years
There is time to make corrections before that point is reached.
Share on Facebook
Share on Twitter
Share on Linkedin
Email this link
Consultation has concluded.