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:

1. Cover operational expenses
2. Cover capital expenses
3. 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.