HomeMy WebLinkAbout09.c Approve Rev. 2010-11 Capital Improvement BudgetCentral Contra Costa Sanitary District 9.c.
' BOARD OF DIRECTORS
POSITION PAPER
Board Meeting Date: September 2, 2010
subject: APPROVE A REVISED 2010 -11 CAPITAL IMPROVEMENT BUDGET
FUNDING AUTHORIZATION TABLE (TABLE 1) WITH ACTUAL RATHER THAN
ESTIMATED AUTHORIZED BUT UNSPENT FUNDS ALLOCATED TO ONGOING
PROJECTS AND TOTAL 2010 -11 AUTHORIZATIONS
Submitted By:
Jarred Miyamoto - Mills, Provisional
Environmental Services Division Manager
REVIEWED AND RECOMMENDED FOR BOARD ACTION:
IV 1---"
J. Miyamoto -Mills
Initiating Dept. /Div.:
Engineering /Environmental Services
A. Farrell
9 i � (� -
James W. Kelly,
General Manager
ISSUE: Board approval of the revised 2010 -11 Capital Improvement Budget (CIB)
funding authorization table (Table 1) will result in an accurate presentation of the
actual authorized funding level for the current budget year.
RECOMMENDATION: Approve a revised 2010 -11 Capital Improvement Budget
(CIB) funding authorization table (Table 1).
FINANCIAL IMPACTS: Planned expenditures have not changed.
ALTERNATIVES /CONSIDERATIONS: The Board could direct staff to modify the CIB
by canceling and closing some ongoing projects to reduce the carryover of previously
allocated funds or defer some planned 2010 -11 allocations to reduce "Allocations this
FY" and thus keep the total funding authorization level consistent with the estimates
included in the approved CIB. This alternative is not recommended.
BACKGROUND: The Board approved the CIB for inclusion in the FY 2010 -11 District
Budget and adopted the budget on June 3, 2010. Final expenditures for the
FY 2009 -10 were not known at that time, and therefore, Table 1 of the CIB included
estimated amounts for funds previously allocated to ongoing projects, but unspent at
the end of the fiscal year, referred to as "carryover ". Now that actual 2009 -10
expenditures for capital projects are known, Table 1 has been revised to reflect the
actual carryover amounts.
It is appropriate for the Board to approve the revised 2010 -11 CIB funding
authorization table (Table 1) with actual, rather than estimated authorized but unspent
funds allocated to ongoing projects and total 2010 -11 authorizations.
N: \ENVRSEC \Position Papers\Miyamoto- Mills\2010 \PP Approve Revised Table 1 CIB FINAL 09 -02 -2010 jm2.doc Page 1 of 2
POSITION PAPER
Board Meeting Date: September 2, 2010
subject APPROVE A REVISED 2010 -11 CAPITAL IMPROVEMENT BUDGET
FUNDING AUTHORIZATION TABLE (TABLE 1) REVISED TO INCLUDE ACTUAL
RATHER THAN ESTIMATED AUTHORIZED BUT UNSPENT FUNDS ALLOCATED
TO ONGOING PROJECTS
Attachment 1 includes the original Table 1 included in the approved CIB and the
revised table revised to include actual carryover. Approval of the revised table is
recommended by the Board's Capital Projects Committee.
RECOMMENDED BOARD ACTION: Approve the revised 2010 -11 Capital
Improvement Budget (CIB) funding authorization table (Table 1) with actual, rather
than estimated, authorized but unspent funds previously allocated to ongoing projects
( "Carryover from FY 2009 -10 ") and "Total 2010 -11 Authorizations."
WENVRSEC \Position Papers \Miyamoto- Mills\2010 \PP Approve Revised Table 1 CIB FINAL 09 -02 -2010 jm2.doc Page 2 of 2
ATTACHMENT 1
ORIGINAL - Table 1: Capital Improvement Budget Summary for Fiscal Year (FY) 2010 -11
(Adopted June 2010)
Program
Estimated
Allocation
this FY
Estimated
Carryover from
Previous FY
Total Proposed
Authorization
Estimated
FY 2010 -11
Expenditures
Treatment Plant
$3,374,000
$7,388,000
$10,762,000
$7,437,000
Collection System
$9,920,000
$4,558,000
$14,478,000
$10,508,000
General Improvements
$4,319,000
$7,071,000
$11,390,000
$9,969,000
Recycled Water
$755,000
$81,000
$836,000
$550,000
Total this Fiscal Year
$18,368,000
$19,098,000
$37,466,000
$28,464,000
REVISED - Table 1: Capital Improvement Budget Summary for Fiscal Year (FY) 2010 -11
(Revised September 2010)
Program
Estimated
Allocations
for FY 2011
Actual Carryover
from FY 2009 -10
Total
Authorization
for FY 2010 -11
Estimated
FY 2010 -11
Expenditures
Treatment Plant
$3,374,000
$11,059,000
$14,433,000
$7,437,000
Collection System
$9,920,000
$5,254,000
$15,174,000
$10,508,000
General Improvements
$4,319,000
$11,999,000
$16,318,000
$9,969,000
Recycled Water
$755,000
$245,000
$1,000,000
$550,000
Totals:
$18,368,000
$28,557,000
$46,925,000
$28,464,000