BOARD AGENDA MEMORANDUM
Government Code § 84308 Applies: Yes ☐ No ☒
(If “YES” Complete Attachment A - Gov. Code § 84308)
SUBJECT:
Title
Approve the Central Fiscal Year 2024-25 Year-End and Fiscal Year 2025-26 Budget Adjustments.
End
RECOMMENDATION:
Recommendation
Approve the Central Fiscal Year 2024-25 Year-End and Fiscal Year 2025-26 Budget Adjustments.
Body
SUMMARY:
In adhering to Governance Policies of the Board and specifically Executive Limitations EL-4, staff respectfully submits central budget adjustments to the FY 2024-25 Adjusted Budget and FY 2025-26 Rolling Biennial Adopted Budget, which are necessary to better align limited allocated resources with the Board’s Ends, meet Board priorities, and to continue to provide for a balanced budget.
A brief description of the FY 2024-25 (FY25) year-end budget adjustments is presented below:
1. Capital Project: 93294057 Rinconada Water Treatment Plant (RWTP) Reliability Improvement ($8,000,000 Increase in FY25 and $8,000,000 Decrease in FY26):
This budget adjustment request brings forward $8,000,000 from FY26 to FY25 for the RWTP Reliability Improvement project to ensure sufficient funding is available to cover FY25 contractor progress payments and year-end invoices. This is driven by the acceleration of construction activities and associated billing, including work on the Chlorine Contact Basin, Filters, and the Ozone Generation Building. This adjustment does not increase the total project cost; rather, it reflects a shift in funding timing to align with the project’s current construction schedule. Reallocation of funding is necessary to maintain payment schedules and prevent delays in contractor payments. This budget adjustment of $8,000,000 increase to the RWTP Reliability Improvement Project FY25 budget is fully funded by a decrease of $8,000,000 to the Project FY26 Budget.
2. Capital Project: 10394001 Palo Alto Flood Basin Tide Gates Replacement ($500,000 Increase in FY25 and $575,486 Increase in FY26):
This budget adjustment request supports a change in project scope and reconciles prior budget allocations in the Palo Alto Tide Gates Project in FY25 and FY26. To cover the cost impacts of a scope change, $500,000 is needed to balance the budget in FY25, and $575,486 is required in FY26.
The Project scope was changed to include the replacement of six flap gates. This scope change has increased labor costs associated with evaluating and integrating the design modifications. As a result, the construction timeline has been extended by one year, requiring additional labor funding to manage the construction work to replace the flap gates. Additional funding is also needed for biological consulting services, as required by the City of Palo Alto under its Park Improvement Ordinance permit. This budget adjustment is funded by a decrease of $1,075,486 to the Watershed Stream Stewardship Fund Operating and Capital Reserve.
3. Operating Projects: 62761006 Invasive Plant Management Program ($2,427,005 Decrease) / 00761075 Management of Revegetation Projects ($2,427,005 Increase):
This budget adjustment request rectifies an appropriation discrepancy between the Invasive Plant Management Program, Project 62761006, in the Watershed & Stream Stewardship (WSS) Fund and the Management of Revegetation Projects, Project 00761075, allocated to the Safe, Clean Water Fund 43% and Watershed & Stream Stewardship Fund 57%.
Project D1, Management of Riparian Planting and Invasive Plant Removal, has three Key Performance Indicators (KPIs), including KPI #2 to "Maintain a minimum of 200 acres of invasive plant management project annually to meet regulatory requirements and conditions." With the renewed Safe, Clean Water Program coming into effect on July 1, 2021 (FY22), efforts to deliver all three KPIs should have been charged to Project 00761075. While efforts to deliver KPI #1 and #3 were correctly charged, KPI #2 efforts were incorrectly budgeted and charged to WSS Project 62761006. Staff became aware of this error in FY24 and processed a budget adjustment to correct the error for fiscal years, FY22 through FY24. With this budget adjustment, all efforts will be charged to the Management of Revegetation Projects, Project 00761075, which is allocated 57% to the Watershed & Stream Stewardship Fund and 43% to the Safe, Clean Water Fund. This budget adjustment, which does not affect the established 15-year funding allocation of Project D1, results in a net increase of $1,043,612 to the Watershed & Stream Stewardship Fund Operating and Capital Reserve and a decrease of $1,043,612 to the Safe, Clean Water Fund Operating and Capital Reserve in FY25.
4. Operating Projects:
91151004 GP5 Reimbursement Program ($25,852,915 Decrease in FY25);
91152001 GP5 - Mountain View AMI & Recycled Water Project ($10,047,427 Increase in FY25 and $582,306 Increase in FY26);
91152002 GP5 - Palo Alto RWQCP Project ($11,800,000 Increase in FY25 and $747,170 Increase in FY26);
91152003 GP5 - Purissima Hills Leak Detection Project ($504,684 Increase in FY25 and $1,325,299 Increase in FY26);
91152004 GP5 - Stanford University RWQCP Project ($2,080,000 Increase in FY25 and $155,269 Increase in FY26)
This budget adjustment request reallocates $24,432,111 from the GP5 Reimbursement Program to four eligible GP5 projects for use in FY25, trues-up $1,389,240 in FY25 interest earnings revenue to the GP5 reserve, and carries forward the remaining $1,420,804 in GP5 funds to FY26 to ensure that funds received through June 30, 2025, are carried forward to FY26, and appropriated, to the four GP5 projects.
On September 24, 2019, the Board adopted Guiding Principles to reflect transitioning from participation in California WaterFix to the Delta Conveyance Project, one of which is Guiding Principal 5 (GP5), a water conservation grant program specifically for retailers which receive at least 85% of their water from non-Santa Clara Valley Water District (Valley Water) managed supplies. The Board authorized the Chief Executive Officer to implement the program beginning July 1, 2021, and to enter into cost-sharing agreements with eligible retailers. In April 2022, Valley Water released guidelines to the program participants that described the criteria and process to implement the GP5 program.
In FY25, the Mountain View AMI & Recycled Water, Palo Alto RWQCP, Purissima Hills Leak Detection, and Stanford University RWQCP projects were approved and created.
This budget adjustment is funded by a decrease of $24,432,111 from the GP5 Reimbursement Program to four eligible GP5 projects in FY25, a carry-forward adjustment of $1,420,804, a $1,389,240 increase to the GP5 Reserve offset by decrease to the Water Enterprise Fund Operating and Capital Reserve in FY25, and appropriation of $2,810,044 in FY26 to the four eligible GP5 projects.
Descriptions of the FY 2025-26 (FY26) central budget adjustments, primarily consisting of carry forward unspent funding from FY25 to FY26, are presented below:
5. Capital Project: 73274004 Network Equipment ($502,000 Increase)
This budget adjustment request is to carry forward $502,000 in the Network Equipment Project from FY25 to FY26 to support the renewal of the Darktrace cybersecurity solution. Due to process lead times, the renewal of the Darktrace cybersecurity solution was delayed and could not be completed in FY25. As a result, the associated funds are needed in FY26. Darktrace is a critical cybersecurity platform that delivers proactive threat detection and identifies advanced threats such as ransomware, insider attacks, and zero-day exploits. Its AI-driven technology significantly enhances Valley Water’s cybersecurity posture by accelerating incident response and ensuring continuous protection. Without this solution, equivalent coverage would require additional staffing within the information security team. This net-zero carry forward adjustment is funded by a corresponding decrease of $502,000 in FY25 to the Project appropriation.
6. Capital Project: 93764004 Small Caps, Water Treatment ($2,000,000 Increase)
This budget adjustment request is to carry forward $2,000,000 in the Small Caps, Water Treatment Project from FY25 to FY26. Of the total amount, $1,760,000 is needed due to delays in two projects, while the remaining $240,000 is needed to cover the estimated cost increases for those projects in FY26. Work on the Water Quality Lab Clean Environment Countertop Project was delayed as the development of the Statement of Work and solicitation of vendor quotes took longer than expected. Work on the Water Quality Pilot Plant Project was delayed due to staff turnover that prevented the project from progressing in FY25. Small Caps, Water Treatment project ended FY25 with cost savings from deferred projects aligned with the Water Utility Master Plan and long-term operational outage planning, which will be used to fund the $240,000 increase in project costs in FY26. This net-zero carry forward adjustment is funded by a corresponding decrease of $2,000,000 in FY25 to the Project appropriation.
7. Operating Projects: 60241026 Quality and Environmental Management System (QEMS) ($140,000 Decrease) / 60311001 Records & Library Services ($140,000 Increase)
This budget adjustment request is to carry forward $140,000 in the QEMS Project from FY25 to the Records and Library Services Project in FY26 to conduct a Digital Management analysis, which will enhance Valley Water’s ability to store and maintain access to digital data. Due to project delays, the analysis and associated expenditures will now occur in FY26. This net-zero carry forward adjustment is funded by a corresponding decrease of $140,000 in FY25 to the Project appropriation.
8. Operating Project: 00761071 Emergency Management ($355,000 Increase)
This budget adjustment request is to carry forward $355,000 in the Emergency Management Project from FY25 to FY26 for professional services to develop and update the business continuity plan, procure new drones that meet National Defense Authorization Act (NDAA) compliance standards, and develop new Disaster Service Worker (DSW) training video. These efforts are critical to ensuring regulatory compliance with state and federal requirements. This net-zero carry forward adjustment is funded by a corresponding decrease of $355,000 in FY25 to the Project appropriation.
9. Operating Project: 60301001 Clerk of the Board Services ($88,000 Increase)
This budget adjustment request is to carry forward $88,000 in the Clerk of the Board Services (COB) Project from FY25 to FY26 to purchase additional shelving space to accommodate Valley Water’s records and files. The COB is required by code and law to retain and archive official records from Valley Water Board meetings. Due to a delay in FY25, these funds will be utilized in FY26. This net-zero carry forward adjustment is funded by a corresponding decrease of $88,000 in FY25 to the Project appropriation.
10. Operating Project: 91151012 Recycled/Purified Water Public Engagement ($170,000 Increase)
This budget adjustment request is to carry forward $170,000 in the Recycle/Purified Water Public Engagement Project from FY25 to FY26. The project supports community outreach, education, and public awareness efforts related to Valley Water’s water reuse initiatives. Due to external delays and competing priorities, funding for specific outreach activities planned for FY25 must be carried forward to FY26 to align with the timing of related external projects. This net-zero carry forward adjustment is funded by a corresponding decrease of $170,000 in FY25 to the Project appropriation.
11. Operating Project: 26061021 F9 Safe, Clean Water Grants and Partnerships Projects ($2,981,523 Increase)
This budget adjustment request is to carry forward $2,981,523 in the F9 Safe, Clean Water Grants and Partnerships Project from FY25 to FY26 to execute all the pending agreements. As outlined in the voter-approved Safe, Clean Water and Natural Flood Protection Program (Safe, Clean Water), Valley Water administers grants and partnerships annually to achieve the Key Performance Indicators (KPIs) for Project F9: Grants and Partnerships for Safe, Clean Water, Flood Protection and Environmental Stewardship.
• In FY21, under Safe, Clean Water Project D3, one mini-grant is pending agreement execution due to delays by the grantee in the amount of $5,000.
• In FY22, under the renewed Safe, Clean Water Project F9: Grants and Partnerships for Safe, Clean Water, Flood Protection and Environmental Stewardship (Project F9), the Board approved funding for several standard grant projects. Some grant projects have been executed, but there are two still pending for a total amount of $273,580.
• In FY23, under Project F9, the Board approved several standard grant projects. Some grant projects have been executed, but there are three still pending for a total amount of $412,942. Additionally, there are also two mini-grants pending agreement execution in the amount of $10,000.
• In FY24, under Project F9, there is one refill station grant pending agreement execution in the amount of $5,000.
• In FY25, under Project F9, the Board approved 13 standard grant projects. The Board awarded the grants on June 24, 2025, which resulted in insufficient time to execute the agreements before the end of FY25. All 13 standard grant projects are pending agreement execution for a total amount of $1,837,617. The Board also approved adjusting the remaining FY25 standard grant funding in the amount of $32,384 into FY26 to be available for mini-grants. There are also 8 refill station grants pending agreement execution in the amount of $40,000 and 4 mini-grants pending agreement execution in the amount of $40,000. Additionally, not all the allocated funds for grants and partnerships were awarded and the remaining amounts ($55,000 for refill station grants; $70,000 for mini-grants; and $200,000 for partnerships) are recommended to be carried forward and be available to fund projects in FY26.
All the pending grant and partnership agreements and unspent allocated funds total $2,981,523 and are recommended for carryforward to FY26. Funds already budgeted in FY26 will continue to support the annual delivery of Safe, Clean Water KPIs. This net-zero carry forward adjustment is funded by a corresponding decrease of $2,981,523 in FY25 to the Project appropriation.
12. Operating Project: 91131006 Imported Water San Felipe Division Deliveries ($7,613,000 Increase)
This budget adjustment request is to carry forward $7,613,000 in the Imported Water (IW) San Felipe Division Deliveries Project from FY25 to FY26 for projected Sisk planning costs. On April 8, 2025, the Valley Water Board authorized additional funding for Valley Water’s share of planning costs for the B.F. Sisk Dam Raise and Reservoir Expansion Project (Sisk) through the San Luis & Delta-Mendota Water Authority Sisk Activity Agreement. The Board also authorized increasing Valley Water's storage capacity to a minimum of 63,560 acre-feet, with the potential to expand up to 70,000 acre-feet if space becomes available. This net-zero carry forward adjustment is funded by a corresponding decrease of $7,613,000 in FY25 to the Project appropriation.
13. Operating Project: 91151013 Water Banking Operations ($6,000,000 Increase)
This budget adjustment request is to carry forward $6,000,000 in the Water Banking Operations Project from FY25 to FY26 for new groundwater banking opportunities. Staff has been directed to research multiple groundwater storage projects due to delays in negotiations for the Antelope Valley-East Kern Water Agency High Desert Water Bank Phase 2 Project. Valley Water’s internal water supply planning has identified a potential overreliance on the Semitropic Water Bank in Kern County to meet storage needs, suggesting that further diversification of storage investments may be necessary to meet future level of service goals. As outlined in the Water Supply Master Plan (WSMP), Valley Water’s existing supplies exceed demands in some years, and new storage facilities would improve operational flexibility by allowing excess supplies to be stored for use in dry years. The WSMP’s Ensure Sustainability strategy includes elements to secure and optimize existing supplies and infrastructure. New groundwater storage projects could provide storage diversification and optimize existing infrastructure by providing additional dedicated storage and leveraging supplies available through Valley Water’s existing imported water contracts. These projects would also increase Valley Water’s ability to fully realize the benefits of other water supply projects that may produce water supplies in wetter years, which are best paired with new south-of-Delta storage capacity. Valley Water is in the process of updating the WSMP and new groundwater storage projects will be evaluated as part of the process. This net-zero carry forward adjustment is funded by a corresponding decrease of $6,000,000 in FY25 to the Project appropriation.
14. Operating Project: 91281008 SVAWPC Facility Maintenance ($845,119 Increase)
This budget adjustment is to carry forward $845,119 in the Silicon Valley Advanced Water Purification Center (SVAWPC) Facility Maintenance Project from FY25 to FY26 to fund the Reverse Osmosis (RO) membrane replacement and the solenoid valve manifold upgrade for the pall microfiltration system.
In FY25, the sinking reserve budget of $1,292,735 was allocated to fund the planned microfiltration (MF) and RO membrane replacement. The MF membrane replacement proceeded as scheduled in FY25; however, $524,716 is needed to carry forward into FY26 to fund the RO membrane replacement scheduled to begin early in the fiscal year. Additionally, this adjustment includes a $5,403 increase to fully appropriate the SVAWPC Facility Maintenance Project, aligning the FY25 budget with the FY23 Water Utility Enterprise SVAWPC Reserve balance of $1,298,138, as no expenditures occurred in FY24. This funding action preserves both the reserve and project appropriation levels in accordance with the Recycled Water Facilities and Programs Integration Agreement between Valley Water and the City of San José.
Also included in this carry forward budget adjustment is $315,000 for the replacement of solenoid valve banks associated with the pall microfiltration system which is necessary due to procurement delays in FY25 that pushed project implementation to FY26. This net-zero carry forward adjustment is funded by a corresponding decrease of $845,119 in FY25 to the Project appropriation.
15. Operating Project: 91101004 Recycled & Purified Water Program ($240,000 Increase)
This budget adjustment request is to carry forward $240,000 in the Recycled & Purified Water Program Project from FY25 to FY26 for the following initiatives: 1) the Wastewater Availability Study with the City of Sunnyvale in alignment with the Valley Water Board and City Council’s shared interest in expanding recycled water collaboration to support an analysis of wastewater availability from the Sunnyvale treatment plant; 2) technical support services from Bernados Engineering for on-call technical support on navigating regulatory processes, addressing permitting challenges, and supporting Valley Water’s potable reuse efforts; 3) the update and replenishing of outreach materials for purified water bottle distributions/events; and 4) additional analytical laboratory work related to various water and wastewater analyses essential for providing the necessary data to validate treatment processes, characterize treated wastewater feed for the Direct Potable Reuse (DPR) facility, and evaluate the effects of DPR water on the distribution system in relation to corrosion. This net-zero carry forward adjustment is funded by a corresponding decrease of $240,000 in FY25 to the Project appropriation.
16. Operating Project: 91151001 Water Conservation Program ($4,825,000 Increase)
This budget adjustment request is to carry forward $4,825,000 in the Water Conservation Program Project from FY25 to FY26 for the following initiatives: 1) the continuation of the Direct Retrofit Indoor Plumbing (DRIP) Program which replaces qualifying fixtures for qualifying multi-family and commercial/institutional properties to provide water savings for Valley Water and water rate relief for participants; 2) funding landscape professionals the opportunity to earn two nationally recognized Environmental Protection Agency (EPA) WaterSense Professional Certifications through a collaborative program between the California Landscape Contractors Association (CLCA) Water Management Certification and the Qualified Water Efficient Landscaper (QWEL); 3) consultant support on updated critical design-support tool to update analyses required for monitoring and meeting long-term water conservation savings goals approved by the Board of Directors; and 4) the cost-share agreement between Valley Water and the City of Mountain View for Advanced Metering Infrastructure (AMI), an integrated system of meters and information systems enabling two-way communication between utilities and customers, in alignment with objectives in Valley Water’s 2040 Water Supply Master Plan. This net-zero carry forward adjustment is funded by a corresponding decrease of $4,825,000 in FY25 to the Project appropriation.
17. Operating Project: 00061051 Lands Management Program ($500,000 Increase)
This budget adjustment request is to carry forward $300,000 from FY25 to FY26, and to use $100,000 from the Watershed & Stream Stewardship Fund Operating and Capital Reserve and $100,000 from the Water Enterprise Fund Operating and Capital Reserve, to increase the Lands Management Program Project by a total of $500,000 in FY26. The funding supports implementation of fuel load reduction projects under the Wildfire Resiliency Program (WRP). The WRP focuses on vegetation as a fuel source for wildfires, provides land management approaches and recommended treatment actions to reduce fire severity while protecting and supporting sensitive ecological resources and other identified Valley Water lands and infrastructure. Lands Management and Watersheds Operations & Maintenance (O&M) staff are working with a consultant to finalize the Wildfire Risk Assessment and Modeling Framework Project. The outcomes of this project will serve as the primary reference for Valley Water in identifying and implementing fuel load reduction projects to advance wildfire resilience initiatives. This budget adjustment is funded by a corresponding decrease of $300,000 in FY25 to the Project appropriation, a decrease of $100,000 to the Watershed & Stream Stewardship Fund Operating and Capital Reserve, and a decrease of $100,000 to the Water Enterprise Fund Operating and Capital Reserve in FY26.
18. Operating Project: 26061020 F6 Public Arts ($130,000 Increase)
This budget adjustment request of $130,000 is to fund a public art grants program in support of the F6 Public Arts Project, Key Performance Indicator (KPI) #3, under the Safe, Clean Water and Natural Protection Program (Safe, Clean Water). As outlined in the voter-approved program, Valley Water administers a public art initiative that allocates up to $1.5 million over 15 years to implement public art projects on Valley Water property and infrastructure. Valley Water developed a Public Art Strategic Plan to guide the effective use of funding for Project F6, KPI #3. With the plan now complete, Valley Water will launch a public art grants program to fulfill the KPI. This program will provide annual funding of $130,000 from FY26 through FY36 to support grant-based implementation of public art on Valley Water-owned sites. This budget adjustment is funded by a decrease of $130,000 to the Safe, Clean Water Fund Operating and Capital Reserve in FY26.
19. Operating Project: 95741001 Water Supply Planning ($200,000 Increase)
This budget adjustment request is to increase the Water Supply Planning Project by $200,000 to return a WaterSmart grant received from the United States Bureau of Reclamation (USBR) in FY24. Valley Water was awarded the grant in 2021 to develop a Drought Response Plan and the full $200,000 was expended and reimbursed by February 2024. A draft plan was completed in July 2024; however, shortly thereafter, the California Department of Water Resources (DWR) released updated guidelines for providing emergency supplies during droughts. In response, staff initiated a comprehensive review of the plan’s proposed drought triggers to ensure Valley Water’s alignment with the new DWR criteria and to position the agency to receive critical water supplies during future drought years. This extended effort exceeded the original grant timeline, resulting in non-compliance with the grant deadline. Consequently, Valley Water’s CEO submitted a Letter of Termination to USBR to return the $200,000. The returned funds must now be reflected in the Water Supply Planning Project budget. This budget adjustment is funded by a decrease of $200,000 to the Water Enterprise Fund Operating and Capital Reserve in FY26.
20. Operating Project: 00061045 Asset Management Program ($1,299,099 Decrease) / 62041045 Watershed Asset Management Program ($1,299,099 Increase)
This budget adjustment request rectifies an appropriation of the Asset Management Project, Project 62061045, a recipient project under the districtwide Asset Management Project, Project 00061045, by reallocating the appropriation to the newly established Watershed Asset Management Project, Project 62041045, within the Watershed & Stream Stewardship Fund. As part of an organizational restructuring, three staff members were reassigned to the Watershed Asset Management Project, Project 62041045, to support this effort. With this budget adjustment, Project 62061045 will be closed, and its remaining budget of $769,459 will be reallocated to the Water Utility Asset Management Project, Project 95061045, a recipient project under the districtwide Asset Management Project, Project 00061045. This budget adjustment results in an increase of $769,459 to the Watershed & Stream Stewardship Fund Operating and Capital Reserve and a corresponding decrease of $769,459 to the Water Enterprise Fund Operating and Capital Reserve in FY26.
ENVIRONMENTAL JUSTICE IMPACT:
There are no Environmental Justice Impacts associated with this item.
FINANCIAL IMPACT:
Approval of the recommended FY25 Year-End Budget Adjustments (Items 1-4) decreases Operating and Capital Reserves by $7,079,196.
Approval of the recommended central FY26 Budget Adjustments amends the FY26 Operating and Capital Budget which was adopted by the Board per Resolution 25-41 on May 27, 2025. As shown in the Operating, Capital, and Interfund Transfer Budget table below.
The central FY26 budget adjustments will increase project expenditures by $21,975,172 (Item 1, 2, and 4-20) as follows:
• Carry forward unspent funding from FY25 to FY26 totaling $27,480,446 (Items 5-16, $1,420,804 of Item 4, and $300,000 of Item 17), which does not impact the Operating and Capital Reserves.
• Reduce $8,000,000 from the RWTP Reliability Improvement Project, Project 93294057 (Item 1), decreasing the FY26 total budget, and increasing the FY26 Operating and Capital Reserve.
• Reduce $575,486 from the FY26 Watershed & Stream Stewardship Fund Operating and Capital Reserve to fund Item 2, increasing the FY26 total budget.
• Reduce $1,389,240 from the FY26 Water Enterprise Fund Operating and Capital Reserve to fund Item 4, increasing the FY26 total budget.
• Reduce $100,000 from the FY26 Watershed & Stream Stewardship Fund Operating and Capital Reserve and $100,000 from the FY26 Water Enterprise Fund Operating and Capital Reserve to fund Item 17, increasing the FY26 total budget.
• Reduce $130,000 from the FY26 Safe, Clean Water Fund Operating and Capital Reserve to fund Item 18, increasing the FY26 total budget.
• Reduce $200,000 from the FY26 Water Enterprise Fund Operating and Capital Reserve to fund Item 19, increasing the FY26 total budget.
Board approval of the remaining carryover of $1,420,804 in unspent funds for the GP5 Reimbursement Program Project (item 4), from FY25 to FY26, combined with the true-up funding of $1,389,240 for prior years’ interest income on GP5 reserve and encumbered balances, will result in a total adjusted budget of $2,810,044 to be funded by a drawdown from the GP5 reserve.
The tables below summarize the changes.
FY 2025-26 Operating, Capital, and Interfund Transfer Budget
|
Fund |
Adopted Budget |
Recommended Budget Adjustment |
Adjusted Budget |
|
General Fund (11) |
104,236,051 |
228,000 |
104,464,051 |
|
Watershed & Stewardship Fund (12) |
131,441,101 |
233,527 |
131,674,628 |
|
Lower Peninsula Watershed Fund (21) |
2,732,804 |
0 |
2,732,804 |
|
West Valley Watershed Fund (22) |
819,772 |
0 |
819,772 |
|
Guadalupe Watershed Fund (23) |
911,165 |
0 |
911,165 |
|
Coyote Watershed Fund (24) |
2,460,009 |
0 |
2,460,009 |
|
Safe, Clean Water Fund (26) |
114,622,290 |
3,111,523 |
117,733,813 |
|
Water Enterprise Fund (61) |
659,110,829 |
17,900,122 |
677,010,951 |
|
State Water Project Fund (63) |
32,539,796 |
0 |
32,539,796 |
|
Fleet Management Fund (71) |
8,690,985 |
0 |
8,690,985 |
|
Risk Management Fund (72) |
12,125,325 |
0 |
12,125,325 |
|
Information Technology Fund (73) |
36,482,854 |
502,000 |
36,984,854 |
|
Total Appropriations |
1,106,172,981 |
21,975,172 |
1,128,148,153 |
FY 2025-26 Reserves Budget*
|
Fund |
Adopted Budget |
Change |
Adjusted Budget |
|
General Fund (11) |
19,688,675 |
0 |
19,688,675 |
|
Watershed & Stewardship Fund (12) |
161,122,563 |
637,585 |
161,760,148 |
|
Safe, Clean Water Fund (26) |
177,839,913 |
(1,173,612) |
176,666,301 |
|
Water Enterprise Fund (61) |
146,782,215 |
(2,458,699) |
144,323,516 |
|
State Water Project Fund (63) |
11,591,690 |
0 |
11,591,690 |
|
Fleet Management Fund (71) |
1,961,824 |
0 |
1,961,824 |
|
Risk Management Fund (72) |
18,005,910 |
0 |
18,005,910 |
|
Information Technology Fund (73) |
3,472,675 |
0 |
3,472,675 |
|
Total Reserves |
540,465,465 |
(2,994,726) |
537,470,739 |
*The FY 2025-26 Reserves Budget Table illustrates the net impact of all central budget adjustments to the FY 2025-26 Reserves Budget.
CEQA:
The recommended action does not constitute a project under CEQA because it does not have the potential for resulting in direct or reasonably foreseeable indirect physical change in the environment.
ATTACHMENTS:
Attachment 1: SCVWD Resolution No. 25-41
Attachment 2: FY24-25 and FY25-26 Central Budget Adjustments
UNCLASSIFIED MANAGER:
Manager
Darin Taylor, 408-630-3068