HomeMy WebLinkAbout14 Power Point WS Budget Overview
Workshop Item # 14 October 5, 2011 OverviewFY12 and FY13 Budget
FY12 and FY13 Budget Overview 2 Electric and Water operational and capital budgets•October 19 Supporting services budgets•Purchase Power Plan•Overview•October 5•September 7 Budget Process
Schedule
FY12 and FY13 Budget Overview 3 from reserve fundsApprove the related FY12 and FY13 budgeted transfers •Adopt the FY12 and FY13 Purchase Power Plan•ratesAdopt the FY12 and FY13 Budget
and overhead allocation •November 16Public hearing•Draft FY12 and FY13 Budget•Financial Master Plan summary•November 2(cont)Budget Process Schedule
FY12 and FY13 Budget Overview 4 No new debt–increased from 0% to 3% per yearMost other operational expenses will remain flat or slightly –FY11 BudgetStaffing includes a reduction of
two employees from the –FY13Overall labor rates will be flat in FY12 and increased 3% in –No electric and water rate increases in FY12 and FY13–On September 7, Staff presented the following
assumptions:•budgetyear -District Code requires the District to prepare a two•Background / History
New Information FY12 and FY13 Budget Overview 5 No significant changes from FY12 to FY13•Inflationary increase in some categories•Staff is proposing a balanced budget•
Comparison of FY12 Budget to FY11 Budget FY12 and FY13 Budget Overview 6(in thousands)
Comparison of FY13 Budget to FY12 Budget FY12 and FY13 Budget Overview 7(in thousands)
8 FY12 and FY13 Budget Overview
Fiscal Impact FY12 and FY13 Budget Overview 9 yearsthat will affect the District’s spending for the next two fiscal This budget workshop is part of the overall budget process •
Recommendation FY12 and FY13 Budget Overview 10 Review this report and provide comments•