BOARD AGENDA MEMORANDUM
Government Code ? 84308 Applies: Yes ? No ?
(If "YES" Complete Attachment A - Gov. Code ? 84308)
SUBJECT:
Title
Work Study Session on the Capital Improvement Program Preliminary Fiscal Year 2027-2031 Five-Year Plan and Preliminary Fiscal Year 2026-2027 Groundwater Production Charges.
End
RECOMMENDATION:
Recommendation
A. Review the Capital Improvement Program (CIP) Evaluation Team's recommended funding scenarios for the CIP preliminary Fiscal Year 2027-2031 (FY 2027-31) Five-Year Plan and approve the recommendations and the inclusion of three projects in the CIP Draft FY 2027-31 Five-Year Plan; and
B. Discuss and provide direction on the preliminary FY 2026-27 (FY 27) Groundwater Production Charge analysis.
Body
SUMMARY:
Each year, the Capital Improvement Program (CIP) team prepares its rolling five-year plan, which is presented for Board consideration and approval. The CIP Five-Year Plan describes the Santa Clara Valley Water District (Valley Water) capital investments by type of improvement and provides information on planned capital projects and Valley Water's intended source(s) of funding.
The annual CIP development process, wherein capital project plans are updated to reflect changes to scope, schedule or planned expenditures (as detailed in Attachment 1), works in coordination with the biennial budget process, which allocates funding to these projects, and the groundwater production charge process, which establishes water rates.
This Work Study Session combines, for Board review: the Baseline CIP Preliminary FY 2027-31 Five-Year Plan (Attachment 2), which reflects all processed changes to scope, schedule or planned expenditures, and consists of a list of projects organized by type of improvement, with estimated costs and proposed funding sources; and the Preliminary FY 2026-27 Groundwater Production Charge Analysis.
Background
As part of the annual CIP process, capital project plans are updated to reflect all ch...
Click here for full text