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BUDGET ITEM #10 Information and Technology (IT)•Conservation•Administrative Services•Board and General Management•FY18 and FY19 BudgetInformation and Technology (IT)•Conservation•Administrative
Services•Board and General Management•FY18 and FY19 Budget October 18, 2017
BUDGET SCHEDULE Supporting Cost Centers–FY18 and FY19 Budget Supporting Cost Centers–FY18 and FY19 Budget Schedule public hearing•Discuss reserve funds and Financial Master Plan•Discuss
operating budgets for supporting services•(tonight) October 18Discuss operating and capital budget for Electric and Water•Discuss Purchase Power Plan•October 4Discuss objective, goals,
assumptions, labor and debt•September 6
BUDGET SCHEDULE Supporting Cost Centers–FY18 and FY19 Budget Supporting Cost Centers–FY18 and FY19 Budget Consider adoption of the FY18 & FY19 Budget•November 15budgeta public hearing
regarding the Conduct •Present a draft of the FY18 & FY19 Budget•Review final Purchase Power Plan•November 1
FY18 and FY19 Budget unrepresented employeesLabor cost increase of 4.5% budgeted for FY18 and 3% for FY19 for •employeesLabor cost increase of 3% budgeted for FY18 and FY19 for represented
•of 3% for FY18 and FY19Budgeted water revenue includes the maximum potential rate increases •FY18 and FY19Budgeted electric revenue includes the 3% scheduled rate increases for •No
new debt•3% inflation•General Budget Assumptions•BACKGROUND / HISTORY–FY18 and FY19 Budget –
FY18 and FY19 Budget 34% of the planned capital for the water utility•8% of the planned capital for the electric utility•35% of the expenses for the water utility•18% of the expenses
for the electric utility•Water Utilities these cost centers account for approximately: Costs of supporting services are shared between the Electric and •BACKGROUND / HISTORY–FY18 and
FY19 Budget –
NEW INFORMATION(in thousands)Electric and Water Utilities Combined–FY18 and FY19 Draft Budget Summary •Supporting Cost Centers–FY18 and FY19 Budget Supporting Cost Centers–FY18 and FY19
Budget
NEW INFORMATION Supporting Cost Centers–FY18 and FY19 Budget Supporting Cost Centers–FY18 and FY19 Budget Board of Directors and General Management•
•Supporting Cost Centers FY18 and FY19 Budget Supporting Cost Centers FY18 and FY19 Budget NEW INFORMATION Administrative Services
•Supporting Cost Centers FY18 and FY19 Budget Supporting Cost Centers FY18 and FY19 Budget NEW INFORMATION Conservation
•Supporting Cost Centers FY18 and FY19 Budget Supporting Cost Centers FY18 and FY19 Budget NEW INFORMATION Information and Technology (IT)
NEW INFORMATION Supporting Cost Centers–FY18 and FY19 Budget Supporting Cost Centers–FY18 and FY19 Budget (in thousands)Capital Projects & Equipment -Information and Technology •
FISCAL IMPACT Supporting Cost Centers–FY18 and FY19 Budget Supporting Cost Centers–FY18 and FY19 Budget next two fiscal yearsThe FY18 and FY19 budget will affect the District’s spending
for the •preparing the FY18 and FY19 balanced budget for considerationThis budget workshop is part of the overall budget process in •
RECOMMENDATION Supporting Cost Centers–FY18 and FY19 Budget Supporting Cost Centers–FY18 and FY19 Budget Receive this report and provide comments to staff•