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Fiscal Year 2018/19 Budget: Initiatives and Investments for Sustainability

Explore the revised budget discussion encompassing maintenance, technology, and fiscal strategies. Key topics include operations, equipment renewal, and reserve balances for sustainable growth. Dive into proposed tax rates, expenditures, and capital improvement funds for informed decision-making.

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Fiscal Year 2018/19 Budget: Initiatives and Investments for Sustainability

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  1. Fiscal Year 2018/19 Budget

  2. Budget Discussion and Key Topics • New Operations and Maintenance • Equipment Renewal and Replacement • Software and Information Technology Efforts • Bold Initiatives • Rates and Fees • Performance Pay • Reserve Balances

  3. FY 2018/19 Proposed Budget (revised) Dollars in Millions

  4. FY 2018/19 Proposed Budget – Summary Proposed Tax Rate: $.01858 per $100 of property valuation Total Revenues: $167,397,256 Total Expenditures:$185,487,980 Capital Improvement Funds: $115,401,630 Total Reserves (all funds): $36,970,094 pg. I-9

  5. FY 2018/19 Total Available Funds

  6. FY 2018/19 Total Appropriations

  7. Rates and Fees – Tax Rate • FY18 Current Tax Rate – .01729 • Average Annual Tax Amount: $31.30 • FY19 Rollback Rate (est.) – .01760 • FY19 Proposed Tax Rate – .01858 • Average Annual Tax: $35.68

  8. SARA Projects Fund – Funding History

  9. Utility Funds – Salitrillo WW • Salitrillo Plant Expansion • Inflow and Infiltration (I&I) • Support Fee • Rate Changes • Connection Fee(s) • Variable • Fixed

  10. Utility Funds – SARA WW • Capital Improvement Plan • Martinez IV Plant • Collection System Planning • Martinez II Planning • Development in Service Area • Rate Proposal

  11. SARA Project Fund – Budget Discussion • Active Ongoing Projects – 38 • New Proposed Projects – 7 • Authorized Unfunded – 5 • Closed/Closing – 14 pg. I-24 pg. V-4

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