BOARD AGENDA MEMORANDUM
SUBJECT:Title
Work Study Session on Fiscal Years 2023-27 Preliminary Capital Improvement Program and Preliminary Fiscal Year 2022-23 Groundwater Production Charges.
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RECOMMENDATION:Recommendation
A. Review the Fiscal Year (FY) 2023-27 Preliminary Capital Improvement Program (CIP) and provide direction to staff for development of the Draft FY 2023-27 CIP; and
B. Discuss and provide direction on the preliminary FY 2022-23 Groundwater Production Charge analysis prepared by staff.
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SUMMARY:
This Work Study Session combines, for Board review, the preliminary FY 2023-27 CIP, and the preliminary FY 2022-23 groundwater production charge analysis.
In concert with the review of the 5-year FY 2023-27 Preliminary CIP list of projects with their estimated costs and proposed funding (Attachment 1), staff is seeking Board input on the preliminary analysis to incorporate into the development of the groundwater production charge recommendation. The groundwater production charge analysis includes a water demand projection, a discussion of key capital project funding, and several scenarios for Board consideration.
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 investments by type of improvement and provides information on planned capital projects and Valley Water's intended source(s) of funding. The CIP process, wherein capital project plans are updated to reflect changes to scope, schedule or planned expenditures, works in concert with the biennial budget process by which funding is appropriated to the projects. All changes to scope, schedule or planned expenditures from the Board adopted FY 2022-26 CIP are included as Attachment 2.
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 informat...
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