TO: Napa-Vallejo Waste Management Authority Board of Directors
FROM: Chris Celsi, Executive Director
REPORT BY: Chris Celsi, Executive Director
SUBJECT: FY 2024/2025 Proposed Budget Study Session
RECOMMENDATION
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STUDY SESSION: Staff to present draft FY 24/25 budget for discussion.
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1. Revenue Projections and Operations Budget; and
2. Operating and Capital Reserves; and
3. Capital Improvement Budget
EXECUTIVE SUMMARY
Per the Authority Bylaws, the Executive Director, in cooperation with the Auditor-Controller, presented the
preliminary FY2024/2025 budget to the Board of Directors at their April 11, 2024 meeting. Staff will present an
update to that Proposed Budget. It is anticipated that a Final Budget will be presented for adoption by the
Board, with a noticed Public Hearing, at the June 13, 2024 meeting.
FISCAL & STRATEGIC PLAN IMPACT
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Is there a Fiscal Impact? |
Yes |
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Is it currently budgeted? |
No |
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Where is it budgeted? |
This is the proposed operating budget for Fiscal Year 2024/2025 |
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Is it Mandatory or Discretionary? |
Discretionary |
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Discretionary Justification: |
A budget must be adopted in order to expend funds to cover the Authority’s obligations. |
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Is the general fund affected? |
Yes |
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Future fiscal impact: |
None. This is only for the upcoming fiscal year. |
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Consequences if not approved: |
Expenditures cannot be made. |
ENVIRONMENTAL IMPACT
ENVIRONMENTAL DETERMINATION: The proposed action is not a project as defined by 14 California Code of Regulations 15378 (State CEQA Guidelines) and therefore CEQA is not applicable.