HomeMy WebLinkAbout8,Set Public Hearing BudgetConsent Item # 8
Schedule a Public Hearing
Regarding the Adoption of the
FY14 and FY15 Budget
October 16, 2013
Budget Process Schedule
September 4
• Mission, goals and objectives
• Budget assumptions
• Organization chart
• Labor
• Existing debt
September 18
• Purchased Power Plan
• RPS definition change by CEC
• Overview of Prop 18 process
2
Budget Process Schedule
October 2
• Electric and Water operational and capital budgets
October 16 (tonight)
• Set public hearing date for budget
• Support services operational and capital budgets
• Budget summary
• Financial Master Plan
• Revenue requirements
• Electric and Water reserve balance projections
3
Budget Process Schedule
November 6
• Water Rate Study — Shawn Koorn, HDR
• Set public hearing date for water rates
• Draft FY14 & FY15 Budget and Financial Master Plan
• Public Hearing — Draft budget
November 20
• Consider adopting budget
N
Budget Process Schedule
January 15
• Public Hearing —water rates
• Consider adopting water rate ordinance
February 15
• Water rates can become effective
5
New Information
• Board's practice is to hold a public hearing to receive input
from the public
a
Fiscal Impact
There is no material fiscal impact associated with this item
7
Recommendation
• Schedule a public hearing for November 6, 2013
for the purpose of receiving public comment regarding
the adoption of the FY14 and FY15 Budget