Mr. James C. Alvis Page 2 July 1, 2004

Transcription

1 Mr. James C. Alvs Page 2 July 1, Any devatons from Chapter 317 shall be dsclosed n the summary transmttal letter and the techncal justfcatons for those devatons shall be provded n the engneerng report. Any devatons from Chapter 317 shall be based on the best professonal judgement of the lcensed professonal engneer sealng the materals and the engneers judgement that the desgn would not result n a threat to publc health or the envronment. Any varance from a Chapter 317 requrement dsclosed n your summary transmttal letter s approved. f n the future, addtonal varances from the Chapter 317 requrements are desred for the project, each varance mustbe requested n wrtng by the desgn engneer. Then, the TCEQ wll consder grantng a wrtten approval to the varance from the rules for the specfc project and the specfc crcumstances: 4. Wthn 60 days of the completon of constructon, an apponted engneer shall notfy both the Wastewater Pe.ts -Secton of the TCEQ and the approprate Regon Offce of the date of completon. The engneer shall also provde wrtten certfcaton that all constructon, materals, and equpment were substantally n accordance wth the approved project, the rules of the TCEQ, and any change orders fled wth the TCEQ. All notfcatons, certfcatons, and change orders must nclude the sgned and dated seal of a Professonal Engneer lcensed n the State of Texas. Ths approval does not mean that future projects wll be approved wthout a complete plans and specfcatons revew. The TCEQ wll provde a notfcaton of ntent to revew whenever a project s to undergo a complete plans and specfcatons revew. Please be remnded of 317.1(a)(2) of the rules -whch states, "Approval gven by the executve drector-shall not releve the sewerage system owner or the desgnengneer of any labltes or responsbltes wth respect to the proper desgn, constructon, or authorzed operaton of the proj ect n accordance wth applcable commsson rules." f you have any questons or f we can be of any further assstance, please call me at (512) Sncerely, e>rlomft. e--jl sw Lous C. Herrn,, P.E. Wastewater Permts Secton (MC 148) Water Qualty Dvson Texas Commsson on Envronmental Qualty LCH/bm cc: TCEQ, Regon 11 Offce PAGE 250

2 KaG ;leen Hartnett Whte, Charman R. B. "Ralph" lwlarquez, Commssoner Larry R. Soward, Commssoner Margaret Hofman, Executve Drector U PWS D # CO TEXAS COMMSSON ON ENVRONMENTAL QUALTY Mr_ Judd T. Wllmann, Page Southerland Page, LLP 606 West Avenue Austn, Texas Protectng Texas by Reducng andpreventhg Polluton June 18, 2004 RECEVED PSP FtLE # cc Re: Manvlle WSC - Publc Water System.D. # Proposed Dstrbuton System Modrcatons - Estates of Lowe Lane Engneer Contact Telephone: 52/ Plan Revew Log Number Travs County, Texas Dear Mr. Wllmann: The "as-bult" plannng materal receved on May 9and June 15, 2004, and your letter dated May 19, 2004 for the proposed dstrbuton system modfcatons has been revewed. The project generally meets the mnmum requrements of thetceqs Chapter Rules and.regulatons for Publc Water Systems (Rules) and s condtonally f the poject meets the followng requrements: Sbecfcatons for ths plan submttal state that constructon shall be n accordance wth standard specfcatons of the Cty of P3ugervlle. Please note that TCEQs specfcatons for locaton of waterlnes as requred n Ttle 30 TAC, Chapter (e) (Rules and Regulatons for Publ c Water Systems) are mnmum requrements. When conflcts are noted wth local requrements, the more strngent requrement shall be requred. Constructon for publc water systems must always, at a mnmum, meet TCEQs "Rules and Regulatons for Publc Water Systems." 2. The system must be desgned to mantan. a mnmum pressure of 35 ps at all ponts wthn the dstrbuton network at flow rates of at least 1.5 gallons per mnute per connecton ( (d)1. 3. All newly nstalled ppe and fttngs must conform to ANS/NSF Standard 61 and must be certfed by an organzaton accredted by ANS ( (a)()). The submttal conssted of 48 sheets of engneerng drawngs and an engneerng summary. The approved project conssts of. 7, of 8-nch and 6-nch AWWA C900 DR14 PVC waterlne; and, 1 fre hydrants, valves, fttngs and related appurtenances. Ths approval s for the constructon of the above lsted tems only. The rvastewater components contaned nths desgn were not consdered. The Man r-1le WSC publc water supply system provdes water treatment for the system. P.O. Box n Austn, Texas / nternet address: OA-Ug 251 prnted on rtcye4d paper tmng soy-b-,d nk

3 Mr. Judd T. Wllmann, Page 2 June 18, 2004 An apponted engneer must notfy the TCEQs Regon 1 Offce at (512) when constructon wll start. Please keep n mnd that upon completon of the water works project, the engneer or owner wll notfy the commssons Water Supply Dvson, n wrtng, as to ts completon and attest to the factthat the completed work s substantally accordng to the plans and change orders on fle wth the commsson as requred n (h)(3) of the Rules. Please refer to the Utlty Techncal Revew Teams Log No n all correspondence for ths project. Ths wll help complete our revew and prevent t from beng consdered a new project. Please complete a copy of the most current Publc-Water System Plan Revew Submttal form for future submttal to TCEQ for revew of mprovements to a Publc Water System. Every blank on the form must be completed to mnmze any delays n revew of youm- project. The document s avalable on our WED ste at the address shown below. bttp:/ For future reference, you can revew part of the Utlty Techncal Revew Teams database to see f we have receved your project. Ths s avalable on the TCEQs homepage on the nternet at the followng address: tnrcc.state. tx.us/perm ttng/waterperm/ud/plazzrev.htm] You can download most of the well constructon checklsts and the latestrevson ofchapter 290 "Rules and Reaulatons for Publc Water Systems" from ths ste. f you have any questons please contact me at (512) or the nternet address: "DLAUGHL@tceq.state.fx.us " or f by correspondence, nclude MC 153 n the letterhead address below. Smcerely, P-1;Y Davd D. Laughln, P.E. Utlty Techncal Revew Team Water Supply Dvson MC-153 DDL/ac cc: Manvlle WSC - Attn.: Mr. Tony Graf, P.O. Box 248, Coupland, TX Lakesde W.C.&.D. No. 2 - Attn.: Water Utlty Offcal, P.O. Box 1725, Austn, TX TCEQ Central Records PWS Fle # TCEQ Central Records PWS Fle # TCEQ Regon No. Offce - Austn (w/approved materals) PAGE 252

4 fjlx Kathleen Hartnett Whte, Charman R. B. "Ralph" Marquez, Commssoner Larry R. Soward, Commssoner Margaret Hoffman, Executve Drector.., _.. TEXAS COMMSSON ON ENVRONMENTAL QUALTY Protectng Texas by Reducng and Preventng Polluton June 1, 2004 Mr. J. Keth Collns, P.E. Randall Jones Engneerng, nc E. Braker Lane Austn, Texas Re: Kelly Lane Utlty Co. Pflugerv.lle North txlastewater nterceptor Texas Commsson on Envronmental Qualty Permt # WWPR Log No, 0504/030 CN RN Travs County Dear Mr. Collns: We have receved the project summary transmttal letter dated May 13, The rules whch regulate the desgn, nstallaton and testng of domestc wastewater projects are found n 30 TAC, Chapter 317, of the Texas Commsson on Envronmental Qualty (TCEQ) rules ttled, Desm Crtera for Sewerage Systems. Secton (a)(3)(d), relatng to case-by-case revews, states n part that upon submttal of a summary transmttal letter, the executve drector may approve of the project wthout revewng a complete set ofplans and specfcatons. Under the authorty of 317.1(a)(3)(D) a techncal revew of complete plans and specfcatons s not requred. However, the project proposed n the summary transmttal letter s approved for constructon. Please note, that ths condtonal approval does not releve the applcant of any responsbltes to obtan all other necessary permts or authorzatons, such as wastewater treatment permt or other authorzaton as requred by Chapter 26 of the Texas Water Code. Below are provsons of the Chapter 317 regulatons, whch must be met as a condton of approval. These tems ure provded as a remnder. f you have already met these requrements, please dsregard ths addtonal notce. You must keep certan materals on fle for the lfe of the project and provde them to TCEQ upon request. These materals nclude an engneerng report, test results, a summary transmttal letter, and the fnalverson of the project plans and specfcatons. These materals shall be prepared and sealed by a Professonal Engneer lcensed n the State of Texas and must show substantal complance wth Chapter 317. All plans and specfcatons must conform to any waste dscharge requrements authorzed n a permt by the TCEQ. Certan specfc tems whch shall be addressed n the engneerng report are dscussed n 317.1(c)-(d). Addtonally, the engneerng report must nclude all constants, graphs, equatons, and calculatons needed to show substantal complance wth Chapter 317. The tems whch shall be ncluded n the summary transmttal letter are addressed n 317.1(a)(3)(D). P.O. Box Austn. Texas / nternet address: PAGE 253

5 Mr. J. Keth Collns, P.E. Page 2 June 1, Any devatons from Chapter 317 shall be dsclosed n the summary transmttal letter and the techncal justfcatons for those devatons shall be provded n the engneerng report. Any devatons from Chapter 317 shall be based on the best professonal judgement of the lcensed professonal engneer sealng the materals and the engneers judgement that the desgn would not result n a threat to publc health or the envronment. 3. Any varance from a Chapter 317 requrement dsclosed n your summary transmttal letter s approved. f n the future, addtonal varances from the Chapter 317 requrements are desred for the project, each varance must be requested n wrtng by the desgn engneer. Then, the TCEQ wll consder grantng a wrtten approval to the varance from the rules for the specfc project and the specfc crcumstances. 4. Wthn 60 days of the completon of constructon, an apponted engneer shall notfy both the Wastewater Permts Secton of the TCEQ and the approprate Regon Offce of the date of completon. The engneer shall also provde wrtten certfcaton that all constructon, materals, and equpment were substantally n accordance wth the approved project, the rules of the TCEQ, and any change orders fled wth the TCEQ. All notfcatons, certfcatons, and change orders must nclude the sgned and dated seal of a Professonal Engneer lcensed n the State of Texas. Ths approval does not mean that future projects wll be approved wthout a complete plans and specfcatons revew. The TCEQ wll provde a notfcaton of ntent to revew whenever a project s to undergo a complete plans and specfcatons revew. Please be remnded of 317.1(a)(2) of the rules whch states, "Approval gven by the executve drector-shall not releve the sewerage system owner or the desgn engneer of any labltes or responsbltes wth respect to the proper desgn, constructon, or authorzed operaton of the project n accordance wth applcable commsson rules." f you have any questons or f we can be of any further assstance, please call me at (512) Sncerely, Lous C. Herrn,, P.E. Wastewater Permts Secton (MC 148) Water Qualty Dvson Texas Conunsson on Envronmental Qualty LCH/bm cc; TCEQ, Regon Offce PAGE 254

6 y Kathleen Hartnett Whte, Charman R. B. "Ralph" Marquez, Commssoner Larry R, Soward, Commssoner Margaret Hoffman, Executve Drector TEXAS COMMSSON ON ENVRONMENTAL QUALTY Protectng Texas by Reducng and Preventng Polluton March 25, 2004 Mr. J. Keth Collns, P.E. Randall Jones Engneerng, nc E. Braker Lane Austn, Texas Re: Kelly Lane Utlty Company Spedel Drve Phase 1 Texas Commsson on Envronmental Qualty Permt # WWPR Log No. 0304/149. CN RN Travs County Dear Mr. Collns: We have receved the project summary transmttal letter dated March 11, The rules whch regulate the desgn, nstallaton and testng of domestc wastewater projects are found n 30 TAC, Chapter 317, ofthe Texas Commsson on Envronmental Qualty (TCEQ) rules ttled, Desgn Crtera for Sewerage Systems. Secton 317.1(a)(3)(D), relatng to case-by-case revews, states n part that upon submttal of a summary transmttal letter, the executve drector may approve ofthe project wthout revewng a complete set ofplans and specfcatons. Under the authorty of 317.1(a)(3)(D) a techncal revew of complete plans and specfcatons s not requred. However, the project proposed n the summary transmttal letter s approved for constructon. Please note, that ths condtonal approval does not releve the applcant of any responsbltes to obtan all other necessary permts or authorzatons, such as wastewater treatment permt or other authorzaton as requred by Chapter 26 of the Texas Water Code. Below are provsons of the Chapter 317 regulatons, whch must be met as a condton of approval. These tens are provded as a remnder, f you have already met these requrements, please dsregard ths addtonal notce. 1 You must keep certan materals on fle for the lfe of the project and provde them to TCEQ upon request. These materals nclude an engneerng report, test results, a summary transmttal letter, and the fnal verson of theprojectplans and specfcatons. These materals shall be prepared and sealed by a Professonal Engneer lcensed n the State oftexas and must show substantal complance wth Chapter 317. All plans and specfcatons must conform to any waste dscharge requrements authorzed n a permt by the TCEQ. Certan specfc tems whch shall be addressed n the engneerng report are dscussed n 317.1(c)-(d). Addtonally, the engneerng report must nclude all constants, graphs, equatons, and calculatons needed to show substantal complance wth Chapter 317. The tems whch shall be ncluded n the summary transmttal letter are addressed n 317.1(a)(3)(D). P.O. Box Austn, Texas / nternet address: N+nvw,tceq.state.tx.us prnted on eaycej paper usng soy-based nk PAGE 255

7 Mr. J. Keth Collns, P.E. Page 2 March 25, Any devatons from Chapter 317 shall be dsclosed n the summary transmttal letter and the techncal justfcatons for those devatons shall be provded n the engneerng report. Any devatons from Chapter 317 shall be based on the best professonal judgement of the lcensed professonal engneer sealng the materals and the engneers judgement that the desgn would not result n a threat to publc health or the envronment. Any varance from a Chapter 317 requrement dsclosed n your summary transmttal letter s approved. f n the future, addtonal varances from the Chapter 317 requrements are desred for the project, each varance must be requested n wrtng by the desgn engneer. Then, the TCEQ wll consder grantng a wrtten approval to the varance from the rules for the specfc project and the specfc crcumstances. 4. Wthn 60 days of the completon of constructon, an apponted engneer shall notfy both the Wastewater Permts Secton of the TCEQ and the approprate Regon Offce of the date of completon. The engneer shall also provde wrtten certfcaton that all constructon, materals, and equpment were substantally n accordance wth the approved project, the rules of the TCEQ, and any change orders fled wth the TCEQ. All notfcatons, certfcatons, and change orders must nclude the sgned and dated seal of a Professonal Engneer lcensed n the State of Texas...._ Ths approval does not mean that future projects wll be approved wthout a complete plans and specfcatons revew. The TCEQ wll provde a notfcaton of ntent to revew whenever a project s to undergo a complete plans and specfcatons revew. Please be remnded of ( a)(2) of the rules whch states, "Approval gven by the executve drector...shall not releve the sewerage system owner orthe desgn engneer of any labltes or responsbltes wth respect to the proper desgn, constructon, or authorzed operaton of the project n accordance wth applcable commsson rules," f you have any questons or f we can be of any further assstance, please call me at (512) Sncerely, Lous C. Herrn,, P.E. Wastewater Permts Secton (MC 148) Water Qualty Dvson Texas Commsson on Envronmental Qualty LCH/bm cc: TCEQ, Regon 11 Offce PAGE 256

8 Kathleen Hartnett Whte, Charman R. B. "Ralph" Marquez, Commssoner Larry R. 9oward, Commssoner `L E r) PWS D # CO Mr. J. Keth Collns, P.E. Randall Jones Engneerng 1212 East Braker Lane Austn, Texas TEXAS COMMSSON ON ENVRONMENTAL QUALTY Protectng Texas by Reducng and Preventng Polluton July 30, 2004 Re: Manvlle WSC - Publc Water System.D. # Proposed Dstrbuton System Modfcatons - Spedel Lane, Phase 1 Engneer Contact Telephone: 523r Plan Revew Log Number Travs County, Texas Dear Mr. Collns: The plannng materal receved on June 9, 2004, wth your letter dated June 9, 2004 for the proposed dstrbuton systernmodfcatons has been revewed. Theproject generally meets themnmumrequrements of the TCEQs Chapter Rules and Reaulatons for Publc Water Systems (Rules) and s condtonally approved for constructon.f the project plans and specfcatons meet the followng requrements: C. 1. Specfcatons for ths plan submttal state that constructon shall be n accordance wth standard specfcatons of the Cty of Pflugervlle. Please note that TCEQs specfcatons for locaton of waterlnes as requred n Ttle 30 TAC, Chapter (e) (Rules and Regulatons forpublc Water Systems) are mnmum requrements. When conflcts are noted wth local requrements, the more strcter requrement shall be requred. Constructon for publc water systems must always, at a mnmum, meet TCEQs "Rules and Regulatons for Publc Water Systems." 2. The system must mantan a mnmum pressure of 35 ps at all ponts wthn the dstrbuton network at flow rates of at least 1.5 gallons per mnute per connecton. When the system s ntended to provde fre fghtng capablty, t must also mantan a mnmum pressure of20 ps under combned fre and drnkng water flow condtons as requred n (d) of the rules. 3. The hydrostatc leakage rate for PVC ppe and appurtenances shall not exceed the amount allowed orrecommended by formulas n AWWA C-605 as requred n (a)(5) of the rules. The proper leakage formula for PVC ppe s [, = NDP /7,400. The submttal conssted of 33 sheets of engneerng drawngs and techncal specfcatons. The approved project conssts of. 2,000 lnear feet (1. ) of 12-nch, AWWA C-900 DR14 Class 200 PVC waterlne; and, Varous valves, fttngs, and appurtenances. Ths approval s for the constructon ofthe above lsted tems only. The wastewater components contaned n ths desgn were not consdered. Manvlle WSC provdes water treatment for the system. P.O. Box Austn, Texas / nternet address: p mlj w re.7chj Oxper qzn:; sny.b;rsej na PAGE 257

9 Mr. Kenneth J. Martnec, P.E. Page 2 July 30, 2004 An apponted engneer must notfy the TCEQs Regon 1 Offce at (512) when constructon wll start. Please keep n mnd that upon completon of the water works project, the engneer or owner wll notfy the commssons Water Supply Dvson, n wrtng, as to ts completon and attest to the fact that the completed work s substantally accordng to the plans and change orders on fle wth the commsson as requred n (h)(3) of the Rules. Please refer to the Utltes Techncal Revew Teams Log No n all correspondence for ths project. Ths wll help complete our revew and prevent t from beng consdered a new project. Please complete a copy of the most current Publc Water System Plan Revew Submttal form for future submttal to TCEQ for revew of mprovements to a Publc Water System. Every blank on the form must be completed to mnmze any delays n revew of your project. The document s avalable on our WEB ste at the address shown below. For future reference, you can revew part of the Utltes Techncal Revew Teams database to see fwe have receved your project. Ths s avalable on the TCEQs homepage on the nternet at the followng address: ( You can download most of the well constructon checklsts and the latest revson of Chapter 290 "Rules and Regulatons for Publc Water Systems" from ths ste. f you have any questons please contact me at (512) or the nternet address: "DESTANFO@tceq.state.tx.us " or f by correspondence, nclude MC 153 n the letterhead address below. Sncerely, DeMon J. Stanford Utltes Techncal Revew Team Water Supply Dvson MC-153 lk.c M. tn._, / - oseph L. Strouse, P.E. Utltes Techncal Revew Team Water Supply Dvson MC-153 DJS/JLS/ac cc: Manvlle WSC - Attn.: Mr. Tony Graf, P.O. Box 248, Coupland, Texas TCEQ Central Records PWS Fle # TCEQ Regon No. 11 Offce - Austn (w/approved materals) PAGE 258

10 ATTACHMENT K PAGE 259

11 L 5 J LAKESDE WATER CONTROL AND MPROVEMENT DSTRCT NO. 2C ANNUAL FNANCAL REPORT FOR THE YEAR ENDED SEPTEMBER 30, 2094 PAGE 260

12 LAKESDE WATER CONTROL AND MPROVEMENT DSTRCT #2C Annual Fnancal Report For the Year Ended September 30, 2014 THE STATE OF TEXAS } ANNUAL FLNG AFFDAVT 1 COUNTY OF TRAVS kd,6v?":: of the Lakesde Water Control and mprovement Dstrct #2C hereby swear, or affrm, that the dstrct named above has revewed and approved at a meetng of the Board of Drectors of the Dstrct on the 13th day of January, 2015, ts annual audt report for the fscal year ended September 30, 2014, and that copes of the annual report have been fled n the dstrct offce, located at 816 Congress #1900, Austn, Texas. The annual flng affdavt and the attached copy of the annual audt report are beng submtted to the Texas Commsson on Envronmental Qualty n satsfacton of all annual flng requrements wthn Secton of the Texas Water Code. Date: January 13, 2015 Bv:. _-_ Sworn to and subscrbed to before me ths 13th day of January, 2015., Notary: r= r,sy U FRED L CASTRO NOYPfY PUBLC (Seal) +4,, State ctexs Comm. Exp My Commsson expres on:, Notary Publc n and for the State of Texas. 1 PAGE 261 1

13 LAKESDE WATER CONTROL AND MPROVEMENT DSTRCT #2C Annual Fnancal Report For the Year Ended September 30, 2014 TABLE OF CONTENTS Page FNANCAL SECTON ndependent Audtors Report on Fnancal Statements... Managements Dscusson & Analyss (Requred Supplementary nformaton)... 4 Basc Fnancal Statements Government-wde Fnancal Statements: Statement of Net Poston and Reconclaton to Governmental Funds Balance Sheet Statement of Actvtes and Reconclaton to Statement of Revenues, Expendtures, and Changes n Fund Balances of Governmental Funds , Notes to the Fnancal Statements REQURED SUPPLEMENTARY NFORMATON Budgetary Comparson Schedule - General Fund OTHER SUPPLEMENTARY NFORMATON SECTON ndex of Supplemental Schedules Requred by the Texas Commsson on Envronmental Qualty Supplemental Schedules PAGE 262

14 FNANCAL SECTON PAGE 263 1

15 u DVEST, DAVS & COMPANY A LMTED LABLTY PARTNERSHP ndependent Audtors Report J Board of Drectors Lakesde Water Control & mprovement Dstrct #2C Travs County, Texas We have audted the accompanyng fnancal statements of the governmental actvtes and each major fund of Lakesde Water Control & mprovement Dstrct #2C (the Dstrct) as of and for the year ended September 30, 2014, and the related notes to the fnancal statements, whch collectvely comprse the Dstrcts basc fnancal statements as lsted n the table of contents. Managements Responsblty for the Fnancal Statements Management s responsble for the preparaton and far presentaton of these fnancal statements n accordance wth accountng prncples generally accepted n the Unted States of Amerca; ths ncludes the desgn, mplementaton, and mantenance of nternal control relevant to the preparaton and far presentaton of fnancal statements that are free from materal msstatement, whether due to fraud or error. Audtors Responsblty Our responsblty s to express an opnon on these fnancal statements based on our audt. We conducted our audt n accordance wth audtng standards generally accepted n the Unted States of Amerca. Those standards requre that we plan and perform the audt to obtan reasonable assurance about whether the fnancal statements are free of materal msstatement. An audt nvolves performng procedures to obtan audt evdence about the amounts and dsclosures n the fnancal statements. The procedures selected depend on the audtors judgment, ncludng the assessment of the rsks of materal msstatement of the fnancal statements, whether due to fraud or error. n makng those rsk assessments, the audtor consders nternal control relevant to the enttys preparaton and far presentaton of the fnancal statements n order to desgn audt procedures that are approprate n the crcumstances, but not for the purpose of expressng an opnon on the effectveness of the enttys nternal control. Accordngly, we express no such opnon. An audt also ncludes evaluatng the approprateness of accountng polces used and the reasonableness of sgnfcant accountng estmates made by management, as well as evaluaton the overall presentaton of the fnancal statements. We beleve that the audt evdence we have obtaned s suffcent and approprate to provde a reasonable bass for our audt opnon. g 2 4 JOLLYVLLE RD, SUTE O O AUSTN, TEXAS Ta.EPHoxE PAGE 264

16 Opnon n our opnon the fnancal statements referred to above present farly, n all materal respects, the fnancal poston of the governmental actvtes and each major fund of the Dstrct at September 30, 2014, and the changes n fnancal poston for the year then ended n accordance wth accountng prncples generally accepted n the Unted States of Amerca. Other Matters Requred Supplementary nformaton Accountng prncples generally accepted n the Unted States of Amerca requre that the managements dscusson and analyss and the budgetary comparson nformaton dentfed as Requred Supplementary nformaton n the table of contents be presented to supplement the basc fnancal statements. Such nformaton, although not a part of the basc fnancal statements, s requred by the Governmental Accountng Standards Board, who consders t to be an essental part of fnancal reportng for placng the basc fnancal statements n an approprate operatonal, economc, or hstorcal context. We have appled certan lmted procedures to the requred supplementary nformaton n accordance wth audtng standards generally accepted n the Unted States of Amerca, whch conssted of nqures of management about the methods of preparng the nformaton and comparng the nformaton for consstency wth managements responses to our nqures, the basc fnancal statements, and other knowledge we obtaned durng our audt of the basc fnancal statements. We do not express an opnon or provde any assurance on the nformaton because the lmted procedures do not provde us wth suffcent evdence to express an opnon or provde any assurance. Other Supplementary nformaton Our audt was conducted for the purpose of formng an opnon on the fnancal statements that collectvely comprse the Dstrcts basc fnancal statements. The supplemental schedules requred by the Texas Commsson on Envronmental Qualty are presented for purposes of addtonal analyss and are not a requred part of the basc fnancal statements. 2 1 PAGE 265 1

17 n 1. The supplemental schedules requred by the Texas Commsson on Envronmental Qualty are the responsblty of management and were derved from and relate drectly to the underlyng accountng and other records used to prepare the basc fnancal statements. Such nformaton has been subjected to the audtng procedures appled n our audt of the basc fnancal statements and certan addtonal procedures, ncludng comparng and reconclng such nformaton drectly to the underlyng accountng and other records used to prepare the basc fnancal statements or to the basc fnancal statements themselves, and other addtonal procedures n accordance wth audtng standards generally accepted n the Unted States of Amerca. n our opnon, the supplemental schedules requred by the Texas Commsson on Envronmental Qualty are farly stated, n all materal respects, n relaton to the basc fnancal statements as a whole. V/ f7, /.3% Y ` 9 t, f...k..a.49gs.. f.. Austn, Texas December 31, 2014 L J L k 3 PAGE 266

18 LAKESDE WATER CONTROL & MPROVEMENT DSTRCT #2C Management Dscusson and Analyss For the Year Ended September 30, 2014 n accordance wth Governmental Accountng Standards Board Statement 34 ("GASB 34"), the, management of Lakesde Water Control. & mprovement Dstrct #2C (the "Dstrct") offers the followng dscusson and analyss to provde an overvew of the Dstrcts fnancal actvtes for the year ended September 30, Snce ths nformaton s desgned to focus on current years actvtes, resultng changes, and currently known facts, t should be read n conjuncton wth the Dstrcts fnancal statements that follow. FNANCAL HGHLGHTS General Fund: The unassgned fund balance at the end of the year was approxmately $503 thousand whch was an ncrease of $97 thousand from the end of the prevous year end. Revenue ncreased from $683 thousand n the prevous fscal year to $737 thousand n the current fscal year prmarly due to ncreased property tax revenue. Debt Servce Fund: The fund balance restrcted for debt servce ncreased from $361 thousand at the end of the prevous fscal year to $417 thousand at the end of the current fscal year. Revenue ncreased by $26 thousand over the prevous fscal year plus bond proceeds ncreased by $10 thousand. The Dstrct made bond prncpal payments of $165 thousand and bond nterest payments of $277 thousand durng the fscal year. Captal Projects Fund: The fund balance decreased by $180 thousand due prmarly to the payment of bond ssuance costs. Governmental Actvtes: On a Government-wde bass for governmental actvtes, the Dstrct had expenses n excess of revenue of approxmately $13 thousand. Net poston decreased from $(298) thousand to $(311) thousand. OVERVEW OF THE DSTRCT Lakesde Water Control and mprovement Dstrct #2C (the Dstrct), a poltcal subdvson of the State of Texas, was created by an electon to approve the dvson of Lakesde Water Control and, mprovement Dstrct #2 held on January 15, The Dstrct was created and organzed for the purpose of constructng water, sewer, and dranage facltes and provdng water and sewer servces to customers wthn ts boundares and n the surroundng area. The Dstrcts frst Board of Drectors meetng was held on June 28, The Dstrct s also authorzed to provde recreatonal facltes. PAGE 267 1

19 , LAKESDE WATER CONTROL & MPROVEMENT DSTRCT #2C Management Dscusson and Analyss For the Year Ended September 30, 2014, USNG THS ANNUAL REPORT The Dstrcts reportng s comprsed of fve parts: Managements Dscusson and Analyss (ths secton) Basc Fnancal Statements Statement of Net Poston and Reconclaton to Governmental Funds Balance Sheet Statement of Actvtes and Reconclaton to Statement of Revenues, Expendtures, and Changes n Fund Balances of Governmental Funds. Notes to the Fnancal Statements Requred Supplementary, nformaton Texas Supplementary nformaton (requred by the Texas Commsson on Envronmental Qualty) The Government-wde statements are reported usng the flow of economc resources measurement focus and the full accrual bass of accountng. The Governmental Fund fnancal statements are reported usng the current fnancal resources measurement focus and the modfed accrual bass of accountng. For purposes of GASB 34, the Dstrct s consdered a specal purpose government. Ths allows the Dstrct to present the newly requred fund and government-wde statements n a sngle schedule. The requrement for fund fnancal statements that are prepared on the modfed accrual, bass of accountng s met wth the "Governmental Funds Total" column. An adjustment column ncludes those entres needed to convert to the full accrual bass government-wde statements. Government-wde statements are comprsed of the Statement of Net Poston and the Statement of Actvtes., OVERVEW OF THE BASC FNANCAL STATEMENTS The Statement of Net Poston and Governmental Funds Balance Sheet ncludes a column (ttled "Governmental Funds Total") that represents a balance sheet prepared usng the modfed accrual bass of accountng. The adjustments column converts those balances to a balance sheet that more closely reflects a prvate-sector busness. Over tme, ncreases or decreases n the Dstrcts net assets wll ndcate fnancal health. The Statement of Actvtes and Governmental Funds Revenues, Expendtures, and Changes n Fund Balances ncludes a column (ttled "Governmental Funds Total") that derves the change n fund balances resultng from current year revenues, expendtures, and other fnancng sources or uses. These amounts are prepared usng the modfed accrual bass of accountng_ The adjustments column converts those actvtes to full accrual, a bass that more closely represents the ncome statement of a prvate-sector busness. PAGE 268

20 LAKESDE WATER CONTROL & MPROVEMENT DSTRCT #2C Management Dscusson and Analyss For the Year Ended September 30, 2014 The Notes to the Fnancal Statements provde addtonal nformaton that s essental to a full understandng of the nformaton presented n the Statement of Net Poston and Governmental Funds Balance Sheet and the Statement of Actvtes and Governmental Funds Revenues, Expendtures, and Changes n Fund Balances. The Requred Supplementary nformaton presents a comparson statement between the Dstrcts adopted budget and ts actual results. FNANCAL ANALYSS OF THE DSTRCT AS A WHOLE Summary Statement of Net Poston, Governmental Actvtes (n thousands) September September ncrease, (Decrease) Current and Other Assets $ 1,241 $ 1,252 $ (11) Captal and Non-Current Assets 5,673 4,654 1,019, Total Assets 6,914 5,906 1,008 Current Labltes Long-Term Labltes 6,965 6, Total Labltes 7,225 6,204 1,021 nvested n Captal Assets, Net of Related Debt (1,231) (1,068) (163) Restrcted Unassgned Total Net Poston $ (31) $ (298) S (13), The Dstrcts total assets were approxmately $6.9 mllon as of September 30, Of ths amount, approxmately $1.232 mllon s accounted for by cash and short term nvestments. The Dstrct had outstandng labltes of approxmately $7.2 mllon. The Dstrcts unassgned net assets, whch can be used to fnance day to day operatons, totaled $503 thousand. 6 PAGE 269

21 1 LAKESDE WATER CONTROL & MPROVEMENT DSTRCT #2C Management Dscusson and Analyss For the Year Ended September 30, Summary Statement of Actvtes Governmental Actvtes (n thousands) ncrease (Decrease) Water & Wastewater Servce $ 490 $ 499 $ (9) Property Taxes Other Total Revenues 1,192 1, Water & Wastewater (6) Mantenance Admnstratve Consultants Debt Servce Deprecaton Total Expenses 1, Bond Costs (162) (155) (7) 1 Change n Net Poston (13) (18) 5, Change n Accountng Prncple - (485) 485 t Begnnng Net Poston (298) 205 (503) Endng Net Poston $ ( 311 ) $ (298) $ Revenues were approxmately $1.2 mllon for the year ended September 30, Expenses were approxmately $1.2 mllon ncludng Other Fnancng Uses for the year ended September 30, Net poston decreased about $13 thousand prmarly due to ncurrng bond ssuance costs. The followng charts summarze the sources of revenue and areas of expenses. 7 PAGE 270

22 Debt Servce 27% LAKESDE WATER CONTROL & MPROVEMENT DSTRCT #2C -_ 4Z Management Dscusson and Analyss For the Year Ended September 30, 204 Revenues-Fscal Year 2014 Other 0% - Water & Wastewater Servce - Property Taxes. Other Deprecaton 12% Expenses - Fscal Year 2014 =:.r.. 3r? Consultants 9% Admnstratve 2% Mantenance 10% Water & Wastewater Water & Wastewater 40% Water & Wastewater : Mantenance Admnstratve Consultants k Debt Servce Deprecaton H 0 PAGE 271

23 LAKESDE WATER CONTROL & MPROVEMENT DSTRCT #2C Management Dscusson and Analyss For the Year Ended September 30, 2014 FNANCAL ANALYSS OF THE DSTRCTS FUND LEVEL STATEMENTS n comparson to the Government-wde statements, the Fund-level statements focus on the key, funds of the Dstrct. The Dstrct uses fund accountng to ensure and demonstrate complance wth fnance-related legal requrements. The Dstrct reports the followng types of Governmental funds: General Fund, Debt Servce Fund and Captal Projects Fund. The focus of the Dstrcts Governmental funds s to provde nformaton on near-term nflows, outflows, and avalable resources. Such nformaton s useful n assessng the Dstrcts fnancng requrements. n partcular, unassgned fund balance may, serve as a useful measure of a governments net resources avalable at the end of the fscal year. Summary Balance Sheet Governmental Actvtes (n thousands) September September ncrease (Decrease) Cash and nvestments $ 1,232 $ 1,221 $ 11 Accounts Recevable (37) Total Assets 1,244 1,270 (26) - Accounts Payable , Unrealzed Revenue 3 3 = Total Labltes Nonspendable Restrcted For Debt Servce Restrcted For Captal Projects (179) Unassgned Total Fund Balances 1,217 1,243 (26) Total Labltes and Fund Balances $ 1,244 $ 1,270 $ f26) The General Operatng Fund, whch pays for daly operatng expenses, has a balance of $503 thousand at the end of the current fscal year. Ths s an ncrease of $97 thousand over the pror fscal year. 9 PAGE 272

24 LAKESDE WATER CONTROL & MPROVEMENT DSTRCT #2C Management Dscusson and Analyss For the Year Ended September 30, 2014 The Debt Servce Fund ncreased by $56 thousand durng the current fscal year. Ths fund, remtted bond prncpal of $165 thousand and bond nterest of $277 thousand durng the year. BUDGETARY HGHLGHTS The Board of Drectors adopted the fscal year 2014 annual budget for the General Fund on September 10, The budget ncluded revenues of $757 thousand and expendtures of $667 thousand. Actual revenue amounted to $738 thousand and expendtures of $640 thousand, ncludng captal expendtures. More detaled nformaton about the Dstrcts budgetary comparson s presented n the Requred Supplementary nformaton secton. CAPTAL ASSETS The Dstrct has nvested $6.3 mllon n nfrastructure. A summary of these assets s lsted below: Summary of Captal Assets Governmental Actvtes (n thousands) September September ncrease (Decrease) Water, Wastewater and Dranage System $ 6,092 $ 5,220 $ 872 Accumulated Deprecaton (688) (566) (122) Land Total Captal Assets (Net) $ 5,673 S 4,654 $ 1,019 LONG TERM DEBT The Dstrct ssued $1.165 mllon of Unlmted Tax Bonds durng the year. Bonded ndebtedness of the Dstrct at year end was $6.175 mllon. More detaled nformaton about the Dstrcts longterm debt s presented n the Notes to the Basc Fnancal Statements. 10 PAGE 273 1

25 0 LAKESDE WATER CONTROL & MPROVEMENT DSTRCT #2C Management Dscusson and Analyss For the Year Ended September 30, 2014 ECONOMC FACTORS The taxable assessed value of property wthn the Dstrct as of January 1, 2014 has been fxed by the Travs Central Apprasal Dstrct at $85 mllon. The tax rates adopted by the Dstrct on September 9, 2014 for the comng fscal year are $0.33 for mantenance and operatons and $0.64 for debt servce. The Dstrct expects ths to produce $800 thousand n total property tax revenue for next year. The adopted budget for fscal year 2014 projects a small ncrease n the operatng fund balance. REQUESTS FOR NFORMATON Ths fnancal report s desgned to provde a general overvew of the Dstrcts fnances and to, demonstrate the Dstrcts accountablty for the funds t receves. Questons concernng any of the nformaton provded n ths report or requests for addtonal fnancal nformaton should be addressed to the Dstrct n care of Lloyd Gosselnk Rochelle & Townsend, PC, 816 Congress Avenue, Sute 1900, Austn, Texas PAGE 274

26 u BASC FNANCAL STATEMENTS 7 PAGE 275 1

27 LAKESDE WATER CONTROL AND MPROVEMENT DSTRCT #2C STATEMENT OF NET POSTON AND GOVERNMENTAL FUNDS BALANCE SHEET SEPTEMBER 30, 2014 STATEMENT DEBT CAPTAL ADJUST- OF NET GENERAL SERVCE PROJECTS ASSETS TOTAL MENTS POSTON Cash $ 519,552 $415,930 $296,597 $1,232,079 $ - $ 1,232,079 Temporary nvestments Taxes Recevable Water Revenue Recevable 4, ,301-4,301 Prepad Expenses 200-3,347 3,547-3,547 Due From Other Funds 2, ,347 (3,347) - Water/WW/Dranage System (Net) ,673,316 5,673,316 TOTAL ASSETS $ 526,661 $ 417,066 $299,944 $1,243,671 $ 5,669,969 $ 6,913,640 LABLTES AND FUND EQUTY Labltes: Accounts Payable $ 23,740 $ - $ - $ 23,740 $ 26,164 $ 49,904 Deferred nflow of Resources-Taxes (397) - Due To Other Funds - - 3,347 3,347 (3,347) - Bonds Payable n less than one year , ,000 Bonds Payable n more than one year ,965,000 6,965,000 Total Labltes 23, ,347 27,484 7,197,420 7,224,904 Fund Equty: Restrcted for Debt Servce - 416, ,796 (416,796) - nvestment n General Fxed Assets , ,597 (296,597) - Unassgned 502, ,794 (502,794) - Total Fund Equty 502, , ,597 1,216,187 (1,216,187) - Net Poston: Total Labltes & Fund Equty $ 526,661 $ 417,066 $299,944 $1,243,671 nvested n General Fxed Assets - Net of Related Debt Restrcted for Debt Servce Unassgned Total Net Poston See notes to fnancal statements. 12 (1,23,25 1) (1,231,251) 417, , , ,921 $ (311,264) $ (311,264) PAGE 276

28 LAKESDE WATER CONTROL AND MPROVEMENT DSTRCT #2C STATEMENT OF ACTVTES AND GOVERNMENTAL FUNDS REVENUES, EXPENDTURES AND CHANGES N FUND BALANCES FOR THE YEAR ENDED SEPTEMBER 30, 2014 STATEMENT REVENUES GENERAL DEBT CAPTAL ADJUST- OF SERVCE PROJECTS TOTAL MENTS ACTVTES Water Servce $ 257,915 $ - $ - $ 257,915 $ - $ 257,915 Wastewater Servce 203, , ,614 Tap Connecton Fees 28, ,000-28,000 Property Taxes 245, , ,370 (2,512) 695,858 nterest 1,917 2, ,945 4,945 EXPENDTURES TOTAL REVENUES 736, , ,192,844 (2, 512) 1, 190, 332 Current: Water Purchased 140, , ,697 Cty Water Fees 71, ,300-71,300 Wastewater Servce Purchased 203, , ,614 Mantenance 104, Accountng Fees 104,039 10, , , Audt Fees 10, ,500 -, 10,500 Engneerng Fees 14, ,816-14,816 Legal Fees 61, ,517-61,517 Tax Assessor/Collector 4, ,150-4,150 Drector Salares and Payroll Taxes 7, ,413-7,413 nsurance 3, ,525-3,525 Lcense and Fees 3, ,714-3,714 Prntng and Offce Supples 2, ,376-2,376 Deprecaton , ,831 Debt Servce: Fscal Agents Fees 1, ,700-1,700 nterest - 277, ,271 2, ,230 Prncpal - 165, ,000 (165,000) - Captal Expendtures - - 1,140,938 1,140,938 (1,140,938) - TOTAL EXPENDTURES 639, ,471 1,140,938 2,222,858 (1,181,148) 1,041,710 OTHER FNANCNG SOURCES Bond Proceeds - 43,002 1,121,998 1,165,000 (1,165,000) - Bond Costs (161,513) (161,513) - (161,513) TOTAL OTHER SOURCES - 43, ,485 1,003,487 (1, 165, 000) (161, 513), Excess (Defct) of Revenues Over Expendtures 97,120 56,033 (179,680) (26,527) 26,527 Change n Net Poston (12 891) (12 891) Fund Balance/Net Poston-Begnnng 405, , ,277 1,242,714 (, 54, 087) (298, 373) Fund Balance/Net Poston-Endng $ 502,794 $416,796 $ 296,597 $1,216,187 $(1,527,451) $ (311,264) See notes to fnancal statements. 13 PAGE 277

29 n LAKESDE WATER CONTROL AND MPROVEMENT DSTRCT #2C NOTES TO THE FNANCAL STATEMENTS FOR THE YEAR ENDED SEPTEMBER 30, Summary of Sgnfcant Accountng Polces The combned fnancal statements of Lakesde Water Control and mprovement Dstrct #2C (the Dstrct) have been prepared n conformty wth accountng prncples applcable to governmental unts that are generally accepted n the Unted States of Amerca. The Governmental Accountng Standards Board ("GASB") s the accepted standard settng body for establshng governmental accountng and fnancal reportng prncples. Lakesde Water Control and mprovement Dstrct #2C (the Dstrct), a poltcal subdvson of, the State of Texas, was created by an electon to approve the dvson of Lakesde Water Control and mprovement Dstrct #2 held on January 15, The Dstrct was created and organzed for the purpose of constructng water, sewer, and dranage facltes and provdng water and sewer servces to customers wthn ts boundares and n the surroundng area. The Dstrcts frst Board of Drectors meetng was held on June 28, The Dstrct s also authorzed to provde recreatonal facltes., The reportng entty of the Dstrct encompasses those actvtes and functons over whch the Dstrcts elected offcals exercse sgnfcant oversght or control. The Dstrct s governed by a fve member Board of Drectors (the Board) that has been elected by Dstrct resdents. The, funds and account groups presented n ths report are wthn the oversght responsblty of the Board, n accordance wth Governmental Accountng Standards Board (GASB) Codfcaton of Governmental Accountng and Fnancal Reportng Standards Part 11, Fnancal Reportng. There are no component unts of the Dstrct, nor s the Dstrct a component unt of any other entty., A. Bass of Presentaton, Bass of Accountng n accordance wth GASB Statement No. 34, the Dstrct has elected to combne ther, Government-wde and Governmental Fund Fnancal Statements nto one set of fnancal statements wth a reconclaton of the ndvdual lne tems n a separate column on the fnancal statements. Government-wde Fnanca l Statemen ts: t J The Statement of Net Poston and the Statement of Actvtes nclude the fnancal actvtes of the overall government. Governmental actvtes are generally fnanced through property taxes. The Statement of Actvtes presents a comparson between drect expenses and program revenues for each functon of the Dstrcts governmental actvtes. Drect expenses are those that are specfcally assocated wth a program or functon and, therefore, are clearly dentfable to a partcular functon. 14 PAGE 278

30 LAKESDE WATER CONTROL AND MPROVEMENT DSTRCT #2C NOTES TO THE FNANCAL STATEMENTS FOR THE YEAR ENDED SEPTEMBER 30, 2d14 1. Summary of Sgnfcant Accountng Polces (contnued) Fund Fnancal Statements: The governmental fund fnancal statement columns are labeled Government Funds Balance Sheet and Governmental Funds Revenue, Expendtures and Changes n Fund, Balance. n the fund fnancal statements, the accounts of the Dstrct are organzed on the bass of funds, each of whch s consdered a separate accountng entty. The emphass of fund fnancal statements s on major governmental funds, each dsplayed n a separate column. The Dstrct reports the followng major governmental funds: General Fund: Ths s the Dstrcts prmary operatng fund. t accounts for all fnancal resources of the Dstrct except those requred to be accounted for n another fund. Debt Servce Fund: The Debt Servce Fund s used to account for the accumulaton of fnancal resources for, and the payment of, general long term debt prncpal and nterest. Captal Projects Fund: The Captal Projects Fund s used to account for the acquston or constructon of major captal facltes. Prncpal sources of revenue are muncpal longterm debt proceeds and nterest ncome. B. Measurement Focus, Bass of Accountng The Government-wde fnancal statements are reported usng the flow of economc resources measurement focus and the accrual bass of accountng. Revenue s recorded when earned and expenses are recorded when a lablty s ncurred, regardless of the tmng of related cash flows. Property taxes are recognzed as revenue n the year for whch they are leved. Governmental Fund Fnancal Statements: Governmental funds are reported usng the current fnancal resources management focus and the modfed accrual bass of accountng. Under ths method, revenues are recognzed when measurable and avalable. The Dstrct does not consder revenues collected after ts year end to be avalable n the current perod. Revenues from local sources consst prmarly of property taxes. Mscellaneous revenues are recorded as revenues when receved n cash because they are generally not measurable untl actually receved. nvestment earnngs are recorded as earned, snce they are both measurable and avalable. Expendtures are recorded when the related fund lablty s ncurred, except for prncpal and nterest on long term debt, whch s recognzed as an expendture to the extent that t has matured. General captal asset acqustons are reported as expendtures n major governmental funds. Proceeds of general long term debt are reported as other fnancng sources. 15 PAGE 279 1

31 LAKESDE WATER CONTROL AND MPROVEMENT DSTRCT #2C NOTES TO THE FNANCAL STATEMENTS FOR THE YEAR ENDED SEPTEMBER 30, Summary of Sgnfcant Accountng Polces (contnued) C. Fund Balances The Dstrct has adopted GASB Statement No. 54 Fund Balance Reportng and Governmental Fund Type Defntons whch establshes fund balance classfcatons that comprse a herarchy based prmarly on the extent to whch a government s bound to observe constrants mposed upon the use of the resources reported n governmental funds. Those fund balance classfcatons are descrbed below. Nonspendable - Amounts that cannot be spent because they are ether not n a spendable form or are legally or contractually requred to be mantaned ntact. Restrcted - Amounts that can be spent only for specfc purposes because of constrants mposed by external provders, or mposed by consttutonal provsons or enablng legslaton. Commtted - Amounts that can only be used for specfc purposes pursuant to approval by formal acton by the Board., Assgned - For the General Fund, amounts that are approprated by the Board or Board desgnee, f any, that are to be used for specfc purposes. For all other governmental funds, any remanng postve amounts not prevously classfed as nonspendable, restrcted or commtted. Unassgned - Amounts that are avalable for any purpose; these amounts can be reported only n the Dstrcts General Fund. Fund balance of the Dstrct may be commtted for a specfc purpose by formal acton of the Board, the Dstrcts hghest level of decson-makng authorty. Commtments may be establshed, modfed, or rescnded only through a resoluton approved by the Board. The Board has not delegated the authorty to assgn fund balance. D. Budget The Board adopted an annual budget for the General Fund on the bass consstent wth general ly accepted accountng prncples. The Dstrct does not prepare budgets for other funds. The Dstrcts Board of Drectors utlzes the budget as a management tool for plannng and cost control purposes. All annual appropratons lapse at fscal year end. E. Pensons The Dstrct has not establshed a penson plan. 16 PAGE 280