Loading...
HomeMy WebLinkAbout7 Public Hearing FY20 and FY21 Budget PUBLIC HEARING #7 Budgetthe Action Items Related to the FY20 and FY21 FY21 Budget, and Consideration of Approving Conduct a Public Hearing on the Draft FY20 and Budgetthe Action Items Related to the FY20 and FY21 FY21 Budget, and Consideration of Approving Conduct a Public Hearing on the Draft FY20 and November 6, 2019 Public Hearing: FY20 and FY21 Budget and Financial Master Planunds Discussed Reserve F•Discussed the Operating and Capital for Support Services•October 2Operationsfor Electric and Water Budget Discussed Operating and Capital •Discussed Purchase Power Plan•September 4Discussed objective, goals, assumptions, labor and debt•August 21Budget Process Schedule BACKGROUND / HISTORY Public Hearing: FY20 and FY21 Budget Public Hearing: FY20 and FY21 Budget Consider adoption of the FY20 and FY21 Budget•Hold a Public Hearing regarding the budget•(tonight)November 6and FY21 BudgetFY20 Consideration to set a Public Hearing regarding the •a draft of the FY20 and FY21 BudgetPresented •October 16Continued–Budget Process Schedule BACKGROUND / HISTORY Public Hearing: FY20 and FY21 Budget Public Hearing: FY20 and FY21 Budget classesLabor cost increase of 3% budgeted for FY20 and FY21 for all employee •of 3% for FY20 and 3% for FY21Budgeted water revenue includes the maximum potential rate increases •FY20 and 3% for FY21Budgeted electric revenue includes the 2.7% scheduled rate increase for •No new debt•3% inflation•General Budget Assumptions•BACKGROUND / HISTORY Public Hearing: FY20 and FY21 Budget Public Hearing: FY20 and FY21 Budget acket as Attachment 1 PBoard udget is included in tonight’s BThe full Summary FY20 and FY21 •tonight’s Board meetingThe hearing was advertised in the Sierra Sun on October 25, 2019 for •NEW INFORMATION Public Hearing: FY20 and FY21 Budget NEW INFORMATION(in thousands)BudgetFY19 Budget to FY20 Comparison of BudgetFY21 and FY20 Public Hearing: BudgetFY21 and FY20 Public Hearing: NEW INFORMATION(in thousands)BudgetFY20 Budget to FY21 Comparison of BudgetFY21 and FY20 Public Hearing: BudgetFY21 and FY20 Public Hearing: FISCAL IMPACT term goals-The proposed budget is consistent with the District’s long•Staff is proposing a balanced budget for FY20 and FY21•BudgetFY21 and FY20 BudgetFY21 and FY20 RECOMMENDATION FY21 BudgetApprove the budgeted transfers needed to balance the FY20 and 4.Approve the FY20 and FY21 Purchase Power Plan 3.26 to approve the FY20 and FY21 Budget-Adopt Resolution 20192.earing and receive public commentHConduct the Public 1.BudgetFY21 and FY20 Public Hearing: BudgetFY21 and FY20 Public Hearing: Additional Slides BudgetFY21 and FY20 Public Hearing: BudgetFY21 and FY20 Public Hearing: •BudgetFY21 and FY20 Public Hearing: BudgetFY21 and FY20 Public Hearing: FY20 and FY21Proposed Resource Portfolio •BudgetFY21 and FY20 Public Hearing: BudgetFY21 and FY20 Public Hearing: 2030) by Year 2014 MWhResources ( NEW INFORMATION BudgetFY21 and FY20 Public Hearing: BudgetFY21 and FY20 Public Hearing: Existing and proposed overhead allocation rates NEW INFORMATION BudgetFY21 and FY20 Public Hearing: BudgetFY21 and FY20 Public Hearing: Electric Utility FY20 and FY21–Budgeted Transfers • NEW INFORMATION BudgetFY21 and FY20 Public Hearing: BudgetFY21 and FY20 Public Hearing: Water Utility FY20 and FY21–Budgeted Transfers • Public Hearing: BudgetFY21 and FY20 Public Hearing: BudgetFY21 and FY20