TO: Napa-Vallejo Waste Management Authority Board of Directors
FROM: Chris Celsi, Executive Director
REPORT BY: Chris Celsi, Executive Director
SUBJECT: FY 2025/2026 Proposed Budget Study Session
RECOMMENDATION
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STUDY SESSION: Staff to present draft FY 25/26 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
The Authority Bylaws direct the Executive Director, in cooperation with the Auditor-Controller, to submit to the Board of Directors at their first meeting in April, a proposed budget for the ensuing 2025/2026 Fiscal Year. It is anticipated that a Final Budget will be presented for adoption by the Board, with a noticed Public Hearing, at the June 16, 2025 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 2025/2026 |
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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.
BACKGROUND AND DISCUSSION
The draft budget will be presented for review again at the May 19, 2025 meeting, and a final budget will be submitted for approval at the June 16, 2025 meeting.