Southwest Kansas Groundwater Management District #3 Audit Report - - PowerPoint PPT Presentation

Southwest Kansas Groundwater Management District #3

Audit Report 12/31/18

Kristin Sekavec, CPA Lewis, Hooper & Dick, LLC

Highlights

Unmodified Auditors’ Report Total Treasurer’s cash - $3,296,558 Invested in interest bearing accounts at December 31, 2018 –

General funds – 88.72% Water Conservation Project – 96.48%

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Highlights-General Fund

Total receipts under expenditures for 2018 - $33,551 2018 General fund expenditures were less than budget authority by $385,030 Deposits in financial institutions – no funds at risk.

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Revenues by Source – General Fund

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Assessments 94%

• Reimb. expenses &

misc 3% Intergovernmental 3% Interest 0%

2018 Receipts

General Fund

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$- $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 $900,000 Assessments Intergovernmental & contract income

• Reimb. expenses &

misc. Interest

Comparison of Receipts

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Expenditures by Source - General Fund

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Payroll taxes and benefits 4% Administration 83% Water management programs 4% Professional services 9%

2018 Expenditures

General Fund

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$- $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 $400,000 $450,000 $500,000 $550,000 $600,000 $650,000 $700,000 $750,000 $800,000 Payroll taxes and benefits Administration Water management programs Professional services Capital outlay

Comparison of Expenditures

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018