Month of December 2004
CAPITAL
   OPERATIONS  OUTLAY
  FUND (1)   FUND (2)  TOTAL
     
BEGINNING BALANCE   $977,521.55   $10,016,773.16   $10,994,294.71
TOTAL RECEIPTS 4,853,733.97 3,018.63 4,856,752.60
TOTAL DISBURSEMENTS 448,765.79 381,106.35 829,872.14
ENDING BALANCE   $5,382,489.73   $9,638,685.44   $15,021,175.17  
     
Operations Fund
GENERAL O & M
OPERATIONS RESERVE
FUND (1) FUND (2)    TOTAL
     
BEGINNING BALANCE   257,521.55   720,000.00   977,521.55
RECEIPTS:
CURRENT SECURED PROPERTY TAXES 4,003,618.19 4,003,618.19
STATE PROPERTY TAX SHIFT - 1ST INSTALLMENT (423,575.60) (423,575.60)
CURRENT UNSECURED PROPERTY TAXES 306,518.88 306,518.88
CURRENT SUPPLEMENTAL PROPERTY TAXES 136,890.47 136,890.47
HOMEOWNERS PROPERTY TAX RELIEF 8,515.97 8,515.97
SEWER SERVICE CHARGES 418,486.13 418,486.13
GARBAGE BASIC SERVICE CHARGES 271,773.90 271,773.90
FIRE SERVICE SPECIAL TAX 113,414.83 113,414.83
DMFPO OFFICE SPACE RENT AUG-DEC 04 1,250.00 1,250.00
SEWER  PERMIT & INSPECTION  FEES 540.00 540.00
DIESEL FUEL TAX REFUND OCT 03 TO MAR 04 465.49 465.49
PLUMBERS REGISTRATION FEE 25.00 25.00
     
SUBTOTAL 4,837,923.26 0.00 4,837,923.26
REIMBURSEMENTS RECEIVED:
CAWD/PBCSD RECLAM PRJ EXPENSES OCT 04 12,848.36 12,848.36
DMFF ADMINISTRATIVE & ACCOUNTING SUPPORT JUL-SEP 04 2,158.04 2,158.04
CYPRESS FPD BATTALION TRAINING PRG EXPENSES JUL-SEP 04 394.97 394.97
CARMEL HIGHLANDS FPD BATTALION TRAINING PRG 
     EXPENSES JUL-SEP 04 229.34 229.34
FIRE HAZARD ABATEMENT PRG VACANT LOT CLEARANCE EXPENSE 180.00 180.00
     
SUBTOTAL 15,810.71 0.00 15,810.71
     
TOTAL RECEIPTS   4,853,733.97   0.00   4,853,733.97
DISBURSEMENTS
 
OPERATIONS,  ADMIN, SANITARY & FIRE  DEPT 265,545.72 265,545.72
GARBAGE BASIC SERVICE CHGS OCT-DEC 04 105,675.44 105,675.44
TREATMENT PLANT O/M & ADMIN ESTIMATED CHGS DEC 04 60,000.00 60,000.00
       
SUBTOTAL 431,221.16 0.00 431,221.16
REIMBURSABLE  DISBURSEMENTS:
CAWD/PBCSD RECLAMATION PRJ EXPENSES DEC 04 4,815.43 4,815.43
FIRE DEPT SHARED FUNDING PRG EXPENSES DEC 04 1,275.24 1,275.24
FIRE HAZARD ABATEMENT CLEARANCE DEC 04 10,150.00 10,150.00
FIRE DEPT ESTIMATED FUEL USE DEC 04 921.46 921.46
DMFF REIMB FOR FUND ACCOUNTING REPORT SVC 382.50 382.50
     
SUBTOTAL 17,544.63 0.00 17,544.63
TOTAL DISBURSEMENTS   448,765.79   0.00   448,765.79
ENDING BALANCE   4,662,489.73   720,000.00   5,382,489.73
Capital Outlay
CAPITAL SPECIAL
OUTLAY PROJECTS
ACQUISITION RESERVE RESERVE
FUND FUND FUND (3)    TOTAL
       
BEGINNING BALANCE   $236,773.16   $3,800,000.00   $5,980,000.00   $10,016,773.16
INTERFUND TRANSFER 900,000.00 (900,000.00) 0.00
RECEIPTS
RECLAM PRJ REIMB FOR PIPELINE CATHODIC PROTECTION PRJ
     ENGINEERING SVC OCT 04 480.00 480.00
RECLAM PRJ REIMB FOR SCADA SYS IMPRV PRJ  OCT 04 2,538.63 2,538.63
       
TOTAL RECEIPTS   3,018.63   0.00   0.00   3,018.63
DISBURSEMENTS:
`
WATER SYS IMPRV 3RD PRIORITY PIPELINE REPL PRJ 5,545.00 5,545.00
FACILITIES IMPROVEMENT PRJ 247,020.21 247,020.21
SCADA SYSTEM IMPROVEMENT PRJ 7,389.84 7,389.84
1470 CYPRESS DRIVE SEWER MAIN REPL PRJ 8,367.17 8,367.17
PUMP STATION P7 WETWELL EXPANSION PRJ 28,405.00 28,405.00
PUMP STATION P5 REHABILITATION PRJ 11,071.56 11,071.56
ADMIN OFFICE EQUIPMENT & SOFTWARE 10,169.66 10,169.66
FIRE DEPT PLAN CHECK OFFICE WORKSTATION FURNITURE 1,879.88 1,879.88
PESCADERO CYN FIRE ROAD ENGINEERING SVC 465.50 465.50
       
SUBTOTAL 320,313.82 0.00 0.00 320,313.82
REIMBURSABLE  DISBURSEMENTS:
FOREST LAKE RESERVOIR PRJ ENGINEERING 59,854.61 59,854.61
RECLAM PRJ PIPELINE CATHODIC PROTECTION PRJ 630.00 630.00
SCADA SYSTEM IMPROVEMENT PRJ - RECLAM SHARE (4%) 307.92 307.92
       
SUBTOTAL 60,792.53 0.00 0.00 60,792.53
 
TOTAL DISBURSEMENTS   381,106.35   0.00   0.00   381,106.35
ENDING BALANCE   $758,685.44   $3,800,000.00   $5,080,000.00   $9,638,685.44
NOTES:
 
(1)     Most of the revenues are allocated to the District by the County twice a year in December
         and  April.   The  majority of  revenues  are first deposited  into this  subsidiary fund.  
         Subsequently revenues in excess of anticipated O & M expenditures are transferred into
         various reserve funds based on the criteria  established  in  the  District Long-Term
         Financial Plan.
(2)    The O & M Reserve Fund, a subsidiary fund of the Operations Fund,  is established at 10%
         District's annual O & M Budget.   This fund is used to meet unforeseen and extraordinary
         expenditures,  or as a temporary source of working capital during periods of low cash flow.
(3)   This subsidiary fund is designated for special projects such as Water System Improvements for
        Fire  Protection.  Revenue is available to this fund after all requirements of the Capital Outlay
        Reserve Fund have been met.