BOARD AGENDA MEMORANDUM
Government Code ? 84308 Applies: Yes ? No ?
(If "YES" Complete Attachment A - Gov. Code ? 84308)
SUBJECT: Title
Receive an Informational Update on the Draft Fiscal Year 2026-2030 Water Utility Enterprise and Watersheds Asset Renewal Plans.
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RECOMMENDATION: Recommendation
Receive information on the Draft Fiscal Year 2026-2030 Water Utility Enterprise and Watersheds Asset Renewal Plans.
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SUMMARY:
The purpose of the Fiscal Year 2026-2030 Water Utility Enterprise and Watersheds Asset Renewal Plans (Plans) is to identify recommended asset renewal work for existing water supply and flood protection infrastructure for the next five fiscal years. Asset renewals are asset replacements or rehabilitation to 'like new' condition. The Plans also summarize the resources needed for operations and maintenance activities, including corrective and preventive maintenance work, operator labor, power and chemical costs, and engineering and environmental staff support.
The Plans are rolling five-year plans and are updated annually. The draft Plans were prepared using budget and long-term forecast data as of November 2024. The Fiscal Year 2026 (FY26) budget requests and unfunded needs will continue to be evaluated throughout the budget and groundwater charge-setting processes. The Plans will be finalized in July of 2025, following Board adoption of Valley Water's final budget and groundwater production charges for FY26. The draft Plans are included in Attachments 2 and 3.
Water Utility Summary
The draft Water Utility Plan identifies recommended asset renewal work for budgeting for the next five fiscal years. These activities are identified by the asset management program and the Raw and Treated Water Divisions and are typically budgeted and executed in one of six water utility small capital improvement projects. When many assets at a single facility are due for renewal, the plan may recommend a new individual capital project.
In FY26, ...
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