The 2018 operating budget was approved at the Commission's May 10, 2017 meeting.
The Commission’s Joint Powers Agreement provides that each member city contributes toward the annual operating budget based on its share of the taxable market value of all real property within the watershed to the total area in the watershed. The Commission’s 2018 Operating Budget and Member Assessments are currently available for download.
All financial accounting is handled by the Commission's Treasurer, an elected officer. Monthly Treasurer's Reports are prepared, and reviewed and approved by the Commission at its monthly meetings. Details of the Commission's expenditures show year-end totals and monthly expenditures for each accounting category.
The Commission’s financial statements have been prepared by the firm of Johnson & Company, Ltd. A copy of the2016 Financial Review is provided in the Commission’s 2016 Annual Activity Report and includes a balance sheet, statement of revenue and expenditures, and various notes. The Commission accounts for receipts and disbursements on a cash basis. Accrual entries are made for year-end financial statement presentation.