Monitoring/No Info

Level of Working Capital Actual as a % of Goal

WTR-Water
Analysis

This data comes from the CAFR and will be available in March 2022. Email to FIN_FINANCIAL_REPORTING to request Reserve Requirement Supplement
Measure Definition & Importance

The Fund shall strive to maintain a minimum level of Working Capital equivalent to three (25%) months regular, on-going Operating Expenses (including operating transfers out) plus 25% of the next fiscal year's principal and interest payments. The City desires to maintain a prudent level of financial resources to guard its stakeholders against service disruption in the event of unexpected temporary revenue shortfalls or unpredicted one-time expenses and to protect the Fund's creditworthiness and provide adequate cash flow.

Attributes
Level of Working Capital Actual as a % of Goal
Level of Working Capital Actual as a % of Goal
Combination chart with 4 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Range: 0 to 150.
End of interactive chart.
Attachments
Required & Actual Working Capital
Required & Actual Working Capital
Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Range: 0 to 150000.
End of interactive chart.
Measure Data
Last Calculated 20 days ago
Period Status Actual Actual level of Working Capital Required level of working capital Overall Target High Variance (FY Target) Low Variance
FY2013 Insufficient Progress 12.44% $ 10,130.00 $ 81,404.00 100.00 35.00 32.50
FY2014 On Target 41.03% $ 35,754.00 $ 87,132.00 100.00 35.00 32.50
FY2015 On Target 59.88% $ 55,651.00 $ 92,940.75 100.00 35.00 32.50
FY2016 On Target 61.79% $ 57,649.00 $ 93,304.00 100.00 35.00 32.50
FY2017 On Target 75.44% $ 68,474.00 $ 90,761.00 100.00 35.00 32.50
FY2018 On Target 91.34% $ 86,711.00 $ 94,933.50 100.00 35.00 32.50
FY2019 On Target 85.41% $ 80,462.00 $ 94,209.75 100.00 35.00 32.50
FY2020 On Target 145.07% $ 139,945.00 $ 96,465.75 100.00 35.00 32.50
FY2021 Monitoring/No Info 100.00 35.00 32.50
FY2022 Monitoring/No Info
Data Source Details & Calculation Information

Data can be found in the Comprehensive Annual Financial Report and the next year's Annual Budget.


Required Level of Working Capital = 25% * (Operating Expenses + Transfers Out) + 25% Next FY P&I
Actual Level of Working Capital = Current Assets less Current Liabilities

Actual % of Required = Actual Level / Required Level
Measure Type
Outcome
Performance Liaison
SC
 		Sheree Collins (WTR-Water)
Data Owner
Matt Thurber
Target Type
Measure ID
399836
Administrator Notes
Performance Liaison Notes