HomeMy WebLinkAbout10 Set the Budget 2022 2023 Meetings ScheduleAGENDA ITEM 10
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MEETING DATE:June 16, 2021
TO:Board of Directors
FROM:Michael Salmon,CFO
SUBJECT:Board FY2022-2023 Budget Workshop Schedule
APPROVED BY______________________________
Brian C. Wright,Interim General Manager
RECOMMENDATION:
Board establish the following meeting dates for development of the FY2022-23 Biennial
Budget:
Board Budget Workshop #1 –Objectives, goals, key assumptions,labor, debt
Date: 8/18/2021 4pm-6pm
Board Budget Workshop #2 –Purchase Power Plan, Operating & Capital Budgets –Electric
and Water Utilities, and Notice Public Hearing on Budget to be held 11/3
Date: 9/15/2021 4pm-6pm
Board Budget Workshop #3 -Operating & Capital Budgets –all support services, Reserves,
Financial Master Plan
Date: 10/20/2021 4pm-6pm
Board Meeting –Public Hearing and Action Item -Budget Final Review & Approval
Date Options: 11/3/2021 6pmor soon thereafter.
BACKGROUND:
Consistent with District Code,the District prepares a two-year operating budget with semi-
annual reviews. In preparation for budget approval, the District has traditionally set a budget
workshop calendar in the third and fourth quarters of the preceding year. This item is to set
the calendar for review and approval of the District’s FY 2022-2023 Operating Budget.
The timing, content, and number of open meetings are generally consistent with prior budget
cycles. Presented below are meeting dates recommendations:
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Board Budget Workshop #1 –Objectives, goals, key assumptions, labor, debt
Date: 8/18/2021 4pm-6pm
Board Budget Workshop #2 –Purchase Power Plan, Operating & Capital Budgets –Electric
and Water Utilities, and Notice Public Hearing on Budget to be held 11/3
Date: 9/15/2021 4pm-6pm
Board Budget Workshop #3 -Operating & Capital Budgets –all support services, Reserves,
Financial Master Plan
Date: 10/20/2021 4pm-6pm
Board Meeting –Public Hearing and Action Item -Budget Final Review & Approval
Date Options: 11/3/2021 6pmor soon thereafter.
1.05.020 Objectives:
1.Responsibly serve the public.
6. Manage the District in an effective, efficient, and fiscally responsible manner.
1.05.030 Goals:
1.1.Conduct the District’s business in a legal, ethical, open, and transparent manner.
6.6.Develop appropriate financial procedures to assure responsible financial management
FISCAL IMPACT:
There is not direct financial impact by means of accepting this recommendation or modifying
dates and or times at Board direction.
ATTACHMENTS:
None