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FY 2004-2005 Budget Workshop: Reducing Expenditures and Increasing Revenues

This workshop focuses on strategies to reduce capital project expenditures and increase revenues/funds available for the 2004-2005 budget. Topics include personnel hiring freeze, reducing expenses, reallocating funds, and exploring revenue generation options.

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FY 2004-2005 Budget Workshop: Reducing Expenditures and Increasing Revenues

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  1. FY 2004-2005BUDGET WORKSHOP March 31, 2004

  2. Reserves as of June 30, 2003

  3. Balance Capital Projects Budget • Reducing Expenditures • Re-categorization of Expenses • Increasing Revenues/Funds Available • Combination of the Above

  4. Reduce Capital Project Expenditures • Personnel hiring freeze (do not fill vacancies) • Reduce/eliminate 2004-2005 expenditures

  5. 2004-05 Capital Project FundOperating Expenditures Administrative Services Division (2003-04 Capital Projects Budget - $267,600) • Reduce support to other Divisions • Reduce Board & Committee meeting support • Reduce/eliminate information posted to website (e.g. Board & Committee meeting agendas) • Reduce safety training & staff development

  6. 2004-05 Capital Project FundOperating Expenditures Water Resources Division (2003-2004 Capital Project Budget - $686,888) • Delay/eliminate Aquifer Storage & Recovery Project • Delay/eliminate Seaside Groundwater Management Plan • Reduce District-wide water supply monitoring & reporting • Reduce assistance for water supply project computer simulation

  7. 2004-2005 Capital Project Fund Operating Expenditures Planning & Engineering Division (2003-04 Capital Projects Budget - $1,266,636) • Delay water supply project activities • Delay Ordinance No. 105 implementation

  8. 2004-2005 Capital Project Fund Operating Expenditures Water Demand Division (2003-04 Capital Project Budget - $230,700) • Reduce management of water allocations • Reduce inspections for permit verification • Reduce issuance of permits

  9. Other Expenditure Reductions • Delay water allocation program EIR update • Delay EIR for water credit transfer program (current assumption) • Transfer expenditures to others (e.g. Cal-Am, CPUC, SWRCB, MCWRA, Fish & Game, Cities, and/or other government agencies) • Transfer capital project activities to Cal-Am/others • Reallocate expenditures to other funds as allowed

  10. Reallocate Expenditures to Other Funds as Allowed • Personnel Costs • Aquifer Storage & Recovery Project • Seaside Basin Groundwater Management Plan • Ordinance 105 Implementation Costs

  11. Increase Revenues/Funds Available • Borrow funds (e.g. mortgage building) • Sell assets (e.g. building, water rights) • Increase user fee • Review/increase other District fees • Initiate water distribution system fee • Initiate fee for unlawful pumping • License/franchise water rights

  12. Revenue Generated by Licensing/Franchising of Water Rights • Factors may include state fees, staff costs, opportunity costs, etc., as well as amortization amount expended/present worth of water rights • Appraisal of water rights • Term of License/Franchise

  13. Public Comment & Board Discussion

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