HomeMy WebLinkAbout9 Power Point Budget Supporting Departments and Overview
Budget Item #9 October 21, 2015 e) District Budget Overviewd) Information and Technology (IT)c) Public Information & Conservationb) Administrative Servicesa) Board and General Management
FY16 and FY17 Budget
Budget Process Schedule 2 Supporting Services & OverviewFY16 and FY17 Budget Purchase Power Plan•September 16Existing debt•Labor•Organization chart•Budget assumptions•Mission, goals
and objectives•September 2
Budget Process Schedule 3 Supporting Services & OverviewFY16 and FY17 Budget Electric and water reserves•lanpFinancial master •Support services operational and capital budgets•budgetSet
public hearing date for •October 21 (tonight)Electric and water operational and capital budgets•October 7
Budget Process Schedule 4 Supporting Services & OverviewFY16 and FY17 Budget Consider adopting FY16 & FY17 budget •November 18draft budget–Public hearing •Draft FY16 & FY17 Budget•lanpFinancial
master •Review final Purchase Power Plan•November 4
Background / History Supporting Services & Overview 5 17 An engineer is expected to be added in FY-An electrician is expected to be added in FY16-Labor increase of 5% for FY16 and 3%
for FY17-Labor•A maximum increase of 5% in FY17-Annual increase of 6% in FY16-Water rates-No planned electric rate increase in FY16 & FY17-No new debt-Inflation is expected to be 3%
for FY17-On September 2, staff presented the following assumptions•
Background / History Supporting Services & Overview 6 34% of the planned capital for the water utility•12% of the planned capital for the electric utility•35% of the expenses for the
water utility•20% of the expenses for the electric utility•Electric and Water Utilities these departments account for: Costs of supporting services are shared between the •
7(in thousands)Electric Utility-FY16 and FY17 Draft Budget Summary Supporting Services & OverviewFY16 and FY17 Budget
8(in thousands)Water Utility-FY16 and FY17 Draft Budget Summary Supporting Services & OverviewFY16 and FY17 Budget
BOARD OF DIRECTORS Supporting Services & OverviewFY16 and FY17 Budget 9 GENERAL MANAGEMENTAND
New Information Supporting Services & OverviewFY16 and FY17 Budget 10 No capital expenditures•$15,000 additional training expense also included in FY16•$15,000 additional election expense
every other year•General ManagementBoard of Directors and –
ADMINISTRATIVE SERVICES Supporting Services & OverviewFY16 and FY17 Budget 11
New Information Supporting Services & OverviewFY16 and FY17 Budget 12 No capital expenditures•Provision for bad debts decreased $5,400 for each year•Finance and Accounting Manager positionFY16
and FY17 budget includes increased labor expense for •Administrative Services–
PUBLIC INFORMATION & CONSERVATION Supporting Services & OverviewFY16 and FY17 Budget 13
New Information Supporting Services & OverviewFY16 and FY17 Budget 14 in capital expenditures in FY17$137,000 increase in capital expenditures FY16 and $88,000 •$150,000 decrease in
expenses in conservation programs•ConservationPublic Information & –
Information and Technology (IT)Supporting Services & OverviewFY16 and FY17 Budget 15
New Information Supporting Services & OverviewFY16 and FY17 Budget 16 budget was $1.6Mto timing of capital projects in prior budget cycle, FY14 capital The 72% increase in FY15 to FY16
capital expenditures is due •between operations and capital projects4% decrease in operating expenses is due to cost shifting •IT–
17(in thousands of dollars)IT Department Capital Projects & Equipment Supporting Services & OverviewFY16 and FY17 Budget
Comparison of FY16 Budget to FY15 Budget Supporting Services & OverviewFY16 and FY17 Budget 18(in thousands)
Comparison of FY16 Budget to FY17 Budget Supporting Services & OverviewFY16 and FY17 Budget 19(in thousands)
Fiscal Impact Supporting Services & OverviewFY16 and FY17 Budget 20 yearsthat will affect the District’s spending for the next two fiscal This budget workshop is part of the overall
budget process •
Recommendation Supporting Services & OverviewFY16 and FY17 Budget 21 Review this report and provide comments•