MONTH OF MAY 2005
CAPITAL
   OPERATIONS  OUTLAY 
  FUND (1)   FUND (2)  TOTAL
     
BEGINNING BALANCE   $3,413,909.60   $10,529,471.80   $13,943,381.40
TOTAL RECEIPTS 49,249.79 723,773.83 773,023.62
TOTAL DISBURSEMENTS 255,439.92 998,170.87 1,253,610.79
INTERFUND TRANSFERS 0.00 0.00 0.00
ENDING BALANCE   $3,207,719.47   $10,255,074.76   $13,462,794.23
     
Operations Fund
GENERAL O & M
OPERATIONS RESERVE
FUND (1) FUND (2)    TOTAL 
     
BEGINNING BALANCE   $2,693,909.60   $720,000.00   $3,413,909.60
RECEIPTS:    
Prior Secured Property Taxes 30,247.98 30,247.98
Homeowners Property Tax Relief 8,515.97 8,515.97
Prior Sewer Service Charges 1,418.96 1,418.96
Prior Garbage Basic Service Charges 900.96 900.96
Prior Fire Service Special Tax 475.46 475.46
Sewer Connection Fees 6,214.00 6,214.00
Sewer Permits & Inspection Fes 450.00 450.00
Plumber Registration Fees 75.00 75.00
     
SUBTOTAL 48,298.33 0.00 48,298.33
REIMBURSEMENTS RECEIVED:    
Cypress FPD:  Battalion Joint Training Prg  951.46 951.46
      Expense Reimbursement Jan-Mar 05
     
SUBTOTAL 951.46 0.00 951.46
     
TOTAL RECEIPTS   49,249.79   0.00   49,249.79
DISBURSEMENTS  
 
Operations:  Admin, Maintenance, & Fire Dept 161,945.15 161,945.15
Treatment Plant O/M & Admin Estimated Chgs 80,000.00 80,000.00
       
SUBTOTAL  241,945.15 0.00 241,945.15
REIMBURSABLE  DISBURSEMENTS:  
CAWD/PBCSD Reclamation Prj Expenses May 05 8,282.41 8,282.41
Fire Dept Shared Funding Prg Expenses May 05 3,942.25 3,942.25
Fire Dept Estimated Fuel Use May 05 1,270.11 1,270.11
     
SUBTOTAL  13,494.77 0.00 13,494.77
TOTAL DISBURSEMENTS     255,439.92   0.00   255,439.92
0.00
ENDING BALANCE   $2,487,719.47   $720,000.00   $3,207,719.47
Capital Outlay
CAPITAL SPECIAL
OUTLAY PROJECTS
ACQUISITION RESERVE RESERVE
FUND  FUND  FUND (3)    TOTAL 
       
BEGINNING BALANCE   $1,649,471.80   $3,800,000.00   $5,080,000.00   $10,529,471.80
RECEIPTS   
PB CO: Reimb For Forest Lake Reservoir Prj 723,773.83 723,773.83
Engineering and Construction Svc May 05
       
TOTAL RECEIPTS   723,773.83   0.00   0.00   723,773.83
DISBURSEMENTS:  
`
Water Systems Imprv 3rd Priority Pipeline Prj 253,255.21 253,255.21
2005 Sewer Line Replacement Prj Engineering  12,080.00 12,080.00
Admin Office Equipment 3,977.06 3,977.06
Fire Training Officer Vehicle Accessories 1,428.27 1,428.27
Facilities Imprv Prj  1,276.06 1,276.06
       
SUBTOTAL 272,016.60 0.00 0.00 272,016.60
REIMBURSABLE  DISBURSEMENTS:  
Forest Lake Reservoir Prj  Construction Svc  655,306.13 655,306.13
Forest Lake Reservoir Prj Engineering Svc 68,467.70 68,467.70
Fire Training Officer Vehicle Accessories (Cypress/Carmel Highlands Share 62.5%) 2,380.44 2,380.44
       
SUBTOTAL  726,154.27 0.00 0.00 726,154.27
 
TOTAL DISBURSEMENTS   998,170.87   0.00   0.00   998,170.87
 
ENDING BALANCE   $1,375,074.76   $3,800,000.00   $5,080,000.00   $10,255,074.76
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.