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HomeMy WebLinkAbout06. Set public hearing for 06-06-19 to adopt Central San Budget for FY 2019-20 Page 1 of 2 Item 6. CENTRAL SAN BOARD OF DIRECTORS POSITION PAPER MEETING DATE: MAY 2, 2019 SUBJECT: SET PUBLIC HEARING FOR JUNE 6, 2019 AT 1:30 P.M. TO RECEIVE PUBLIC COMMENT ON ADOPTING THE CENTRAL SAN BUDGET FOR FISCAL YEAR 2019-20 SUBMITTED BY: INITIATING DEPARTMENT: PHILIP LEIBER, DIRECTOR OF FINANCEAND ADMINISTRATION-FINANCE ADMINISTRATION REVIEWED BY: TODD SMITHEY, FINANCE ADMINISTRATOR JEAN-MARC PETIT, DIRECTOR OF ENGINEERING Roger S. Bailey General Manager ISSUE While not required by law, it is the practice of Central San to hold a public hearing to receive comments on the Central San budget for the next fiscal year. BACKGROUND The annual budget is typically heard at the first meeting in June because it will take effect July 1, which is the beginning of the Central San fiscal year. This year, the first June meeting is scheduled for June 6, 2019. The purpose of this item is to schedule a public hearing on that date to receive public comments on the proposed Fiscal Year 2019-20 Central San District Budget. Once adopted, it will take effect on July 1, 2019. ALTERNATIVES/CONSIDERATIONS The Board of Directors may decline to establish the recommended public hearing date or may elect to choose a different date. May 2, 2019 Regular Board Meeting Agenda Packet- Page 61 of 194 Page 2 of 2 FINANCIAL IMPACTS None related to this action. COMMITTEE RECOMMENDATION On May 7, 2019 the Engineering & Operations Committee will review the Capital Improvement portion of the final draft Fiscal Year 2019-20 Budget. On May 21, 2019, the Finance Committee will review the final draft Budget for the individual sub-funds: Operations and Maintenance (O&M), Debt Service and Self-I nsurance. RECOMMENDED BOARD ACTION Set June 6, 2019 at 1:30 p.m. as the date and time for a public hearing to receive public comment on the Fiscal Year 2019-20 Central San District Budget. Strategic Plan Tie-In GOAL THREE:Be a Fiscally Sound and Effective Water Sector Utility Strategy 2- Manage costs May 2, 2019 Regular Board Meeting Agenda Packet- Page 62 of 194