BOARD AGENDA MEMORANDUM
SUBJECT:
Title
Work Study Session on Preliminary Fiscal Year 2021-22 Groundwater Production Charges and Fiscal Years 2022-26 Preliminary Capital Improvement Program. (PREVIOUSLY LISTED AS ITEM 2.5)
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RECOMMENDATION: Recommendation
A. Review the Fiscal Year (FY) 2022-26 Preliminary Capital Improvement Program (CIP) and provide direction to staff for development of the Draft FY 2022-26 CIP; and
B. Discuss and provide direction on the preliminary FY 2021-22 Groundwater Production Charge analysis prepared by staff.
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SUMMARY:
This Work Study Session combines, for Board review, the preliminary FY 2021-22 groundwater production charge analysis and the preliminary FY 2022-26 CIP.
The groundwater production charge analysis includes a water demand projection, a discussion of key capital project funding, and two scenarios for Board consideration.
Staff is seeking Board input on the preliminary analysis to incorporate into the development of the groundwater production charge recommendation. In concert with the review of the preliminary groundwater production charge analysis, this agenda items presents the 5-year FY 2022-26 Preliminary CIP list of projects with their estimated costs and proposed funding (Attachment 2).
Capital Improvement Program (CIP) Background
Each year, a five-year CIP is prepared for Board consideration and approval. The CIP describes the Santa Clara Valley Water District (Valley Water) capital investment priorities and provides information on planned capital projects and Valley Water's intended source(s) of funding. The CIP process works in concert with the annual budget process, wherein funding is appropriated to the projects.
Board's CIP Committee
The Board has established a CIP Committee whose purpose is to review and discuss in greater detail the various processes and information used to prepare an annual update to Valley Water's CIP. In 2020, the CIP Committee was comprised of Chair Nai Hsueh, Vice Chai...
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