CALCULATION OF APPROPRIATIONS LIMIT FOR FY 2016-2017
Article XIIIB of the California Constitution (the "Gann Initiative") and implementing legislation requires each local agency to review its "appropriations limitation" on an annual basis. The "appropriations limit" is the maximum amount of "proceeds of taxes" which the District can appropriate during the fiscal year. Last year the District Board of Directors adopted the appropriations limit applicable during FY 2016-2017. Based on data released by the Department of Finance on per capita income and population changes, we have calculated the Districtís appropriations limit for the coming fiscal year.
APPROVED BUDGET FOR FISCAL YEAR
The Board of Directors of the Westborough Water District has approved the following budgets:
AUDITED FINANCIAL STATEMENTS
The following are the Westborough Water District's audited financial statements:
REIMBURSEMENT AND COMPENSATION POLICY
The following is the Westborough Water District's Reimbursement and Compensation Policy for Board Members (Directors).
ANNUAL DISCLOSURE OF BOARD MEMBER OR EMPLOYEE REIMBURSEMENTS
In accordance with Government Code 53065.5:
Each special district, as defined by subdivision (a) of Section 56036, shall, at least annually, disclose any reimbursement paid by the district within the immediately preceding fiscal year of at least one hundred dollars ($100) for each individual charge for services or product received. "Individual charge" includes, but is not limited to, one meal, lodging for one day, transportation, or a registration fee paid to any employee or member of the governing body of the district. The disclosure requirement shall be fulfilled by including the reimbursement information in a document published at least annually and shall be made available for public inspection.
To view reports, click on the appropriate year (must current year is at the top):
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