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Home About VVWUA Our Water Right Our Responsibilities Our Domestic Water System Cross-Connection Control Our Irrigation System Sprinkler Specifications Finances and Budget News and Bulletins |
Vista Vu FinancesVista Vu Water Users Association is a non-profit corporation registered in the State of Washington. As such, any retained earnings are subject to Federal income tax. Generally our net revenues fall below the threshold above which state public utility taxes apply. We are not subject to the state Business and Occupation Tax or state Sales Tax.
Current Financial Condition(To be added in January) A year-end Balance Sheet and Profit & Loss Statement can be downloaded here in January.Domestic Water Revenues & Expenses
Irrigation Water Revenues & Expenses(To be added in January) Overhead ExpensesWe have some expenses that cannot be assigned exclusively to either Domestic or Irrigation accounts; bookkeeping, office supplies, website hosting, PO box rental and tax preparation fall into this category and are charged 50/50 to both accounts.. 2019 BudgetsThe Domestic, Irrigation and Overhead budgets spreadsheet can be downloaded here (To be added in January).. Domestic HighlightsMany of the expenses incurred in supplying domestic water are directly related to the quantity of water consumed by each land-owner. This is especially true of the costs for arsenic removal. The media that adsorbs the arsenic must be replaced at the end of its useful life, which in our case was originally estimated to be every 19.4 months, but is lasting much longer due to a decision to chlorinate the incoming water, mix treated water with raw well water, and adopte a tiered rate structure. Media replacement is estimated to cost $5,400 for the media and approximately $6,000 for removal and re-installation. Similarly, power and depreciation costs are related to the volume of water delivered. Irrigation HighlightsPUD rates will go up again this year by an estimated 1.5% Capital ImprovementsThe annual Maintenance and Repairs Assessment of $100 per owner will also be continued this year. This assessment was approved by the Membership at its 2010 Annual meeting will appear again in your July statements and is due by Sept. 15th. The proceeds are split 50/50 between our Domestic and Irrigation accounts. All other assessments and fees remain unchanged. Please click here to download a complete list. For
further information contact: Stu Skidmore, President; Mike Stenberg, Vice President; |