Loading...
HomeMy WebLinkAbout04. Set public hearing for 06-04-2020 to adopt FY 2020-21 Budget Page 1 of 2 Item 4. CENTRAL SAN BOARD OF DIRECTORS POSITION PAPER MEETING DATE: MAY 7, 2020 SUBJECT: SET PUBLIC HEARING FOR JUNE 4, 2020 AT 1:30 P.M. TO RECEIVE PUBLIC COMMENT ON ADOPTI NG THE CENTRAL SAN BUDGET FOR FISCAL YEAR 2020-21 SUBMITTED BY: INITIATING DEPARTMENT: KEVIN MIZUNO, FINANCE MANAGER ADMINISTRATION-FINANCE REVIEWED BY: PHILIP LEIBER, DIRECTOR OF FINANCE AND ADMINISTRATION ANN SASAKI, DEPUTY GENERAL MANAGER 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 adoption is typically scheduled for 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 4, 2020. The purpose of this item is to schedule a public hearing on that date to receive public comments on the proposed Fiscal Year 2020-21 Central San District Budget. Once adopted, it will take effect on July 1, 2020. ALTERNATIVES/CONSIDERATIONS The Board of Directors may decline to establish the recommended public hearing date or may elect to choose a different date. May 7, 2020 Regular Board Meeting Agenda Packet- Page 53 of 166 Page 2 of 2 FINANCIAL IMPACTS None related to this action. COMMITTEE RECOMMENDATION On May 12, 2020 the Engineering & Operations Committee will review the Capital Improvement portion of the final draft Fiscal Year 2020-21 Budget. On May 19, 2020, 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 4, 2020 at 1:30 p.m. as the date and time for a public hearing to receive public comment on the Fiscal Year 2020-21 Central San District Budget. Strategic Plan Tie-In GOAL THREE: Be a Fiscally Sound and Effective Water Sector Utility Strategy 2- Manage costs May 7, 2020 Regular Board Meeting Agenda Packet- Page 54 of 166