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% 2

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. 3

Revenues by Source – General Fund 2018 Receipts Assessments 94% Reimb. expenses & misc 3% Intergovernmental 3% Interest 0% 4

General Fund Comparison of Receipts $900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $- Assessments Intergovernmental & Reimb. expenses & Interest contract income misc. 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 5

Expenditures by Source - General Fund 2018 Expenditures Administration 83% Water management programs 4% Professional services 9% Payroll taxes and benefits 4% 6

General Fund Comparison of Expenditures $800,000 $750,000 $700,000 $650,000 $600,000 $550,000 $500,000 $450,000 $400,000 $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 $- Payroll taxes and Administration Water management Professional services Capital outlay benefits programs 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 7