BOARD AGENDA MEMORANDUM
Government Code ? 84308 Applies: Yes ? No ?
(If "YES" Complete Attachment A - Gov. Code ? 84308)
SUBJECT:
Title
Review and Authorize Distribution of Santa Clara Valley Water District's Capital Improvement Program Draft Fiscal Years 2024-28 Five-Year Plan.
End
RECOMMENDATION:
Recommendation
A. Review the Capital Improvement Program's Draft Fiscal Years 2024-28 Five-Year Plan; and
B. Authorize release of the document to all cities and land use authorities in Santa Clara County and the County of Santa Clara for review as to its consistency with their General Plans.
Body
SUMMARY:
Each year Valley Water's Capital Improvement Program (CIP) prepares a Five-Year Plan for Board consideration and approval. The CIP's Five-Year Plan describes Santa Clara Valley Water District's (Valley Water) capital investment priorities and provides information on the planned capital projects and Valley Water's intended source(s) of funding. Staff presents the Five-Year Plan to the Board at the Preliminary and Draft stages for the Board to make decisions and provide direction. The final Five-Year Plan is approved in conjunction with the annual budget, wherein funding is appropriated to the projects for the following fiscal year.
CIP's FY 2024-28 Draft Five-Year Plan
The Board reviewed the Preliminary Fiscal Years (FY) 2024-28 Five-Year Plan on January 10, 2023 in conjunction with the preliminary FY 2023-24 groundwater production charges. At that meeting, the Board provided direction regarding key capital investments under the Watershed Stream Stewardship Fund (Fund 12) and the Water Utility Enterprise Fund (Fund 61) to include in both the CIP's FY 2024-28 Five-Year Plan and the groundwater charge projection. At that same meeting, the Board set the time and place for a public hearing to provide direction regarding modifications to certain Safe, Clean Water and Natural Flood Protection Program (Fund 26) capital projects. The public hearing was held on...
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