Cash and Investments

Financial Statements

The Water Authority received its 12th consecutive award from the Government Finance Officers Association for financial reporting excellence, and its 14th consecutive award from the California Society for Municipal Finance Officers for excellence in budgeting. The Water Authority also won an award from the Association of Public Treasurers for excellence in financial reporting and disclosure.

The Notes are an integral part of the financial statements. Click here to review the Water Authority’s Comprehensive Annual Financial Report which includes all required disclosures.

Cash and
Investments
  2012 2011
As of June 30, 2012 and 2011, restricted reserve fund cash and investments balances were as follows:    
Construction 300,396,599 435,517,268
Debt Service Reserve 69,464,261 69,485,618
Pay-As-You-Go 132,136,631 119,558,427
Total 501,997,491 624,561,313
As of June 30, 2012 and 2011, unrestricted reserve fund cash and investments balances were as follows:    
Operating 67,733,957 76,484,907
Designated for Rate Stabilization 51,003,353 43,456,187
Designated for Equipment Replacement 8,490,818 8,915,398
Designated for Stored Water 57,818,196 44,697,342
Total 185,046,324 173,553,834