HomeMy WebLinkAbout8 2006 Budget Agenda Item # v
Workshop
To: Board of Directors
From: Peter Holzmeister
Date: December 16, 2005
Subject: 2006 Budget
Why this matter is before the Board: The Board asked staff to make budget cut
suggestions that could, if adopted by the Board, reduce or eliminate the rate increase that is
proposed in the draft budget. These suggestions were presented at a board meeting
workshop on December 7.
History: The District department heads and I prepared a draft budget for 2006 and
presented it to the Board for review and consideration. The draft budget recommended a five
percent increase in water and electric rates to cover the increased cost of operations and
capital projects, and a two percent increase in water and electric rates to set aside funds in
reserve. So the total rate increase for electric and water would be seven percent each.
Three workshops have been conducted to review the draft budget.
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