2012 CAFR - Encina Wastewater Authority

ENCINA WASTEWATER AUTHORITYTRANSMITTAL LETTERFiscal Year Ended June 30, 2012Human ResourcesFederal and state law, EWA ordinance and resolution establish employee wages, hours and workingconditions. EWA contributes to the California Public Employees Retirement System (CalPERS), a costsharingmultiple-public employee defined benefit pension plan. CalPERS provides retirement anddisability benefits, and death benefits to plan members and beneficiaries. CalPERS acts as a commoninvestment and administrative agent for participating public entities within the State of California. Inaddition, EWA offers employees a deferred compensation plan created in accordance with InternalRevenue Code Section 457. Participation is optional and EWA has no fiduciary responsibility for thedeferred compensation plan.Awards and AcknowledgementsThe Government Finance Officers Association (GFOA) awarded a Certificate of Achievement forExcellence in Financial Reporting to the Encina Wastewater Authority for its comprehensive annualfinancial report (CAFR) for the fiscal year ended June 30, 2011. In order to be awarded a Certificate ofAchievement, the government had to publish an easily readable and efficiently organized CAFR thatsatisfied both generally accepted accounting principles and applicable legal requirements. A Certificateof Achievement is valid for a period of one year only.Each of EWA’s sixty-five staff contributed to this report through unwavering dedication to theirprofession and by helping create an environment that stimulates and values teamwork. Together, weare a model of excellence and innovation. Additionally, a special note of appreciation goes to Mike Zizziand Joe Spence, Leaf & Cole, LLP, LeeAnn Warchol, EWA’s Administrative Services Manager, Sally Samra,EWA’s Accounting Technician, the Member Agency Finance Officers, and Harvey Schroeder, Partner,White Nelson Diehl Evans, LLP for their assistance and counsel. Finally, this Report would not bepossible without the continuing support of EWA’s Board of Directors whose leadership and commitmentserve as the foundation for our accomplishments.Kevin M. HardyGeneral ManagerMichael F. SteinlichtAssistant General Manager,Treasurer/Auditor