TO: Napa-Vallejo Waste Management Authority Board of Directors
FROM: Chris Celsi, Executive Director
REPORT BY: Chris Celsi, Executive Director
SUBJECT: FY 2023/2024 Proposed Budget Study Session
RECOMMENDATION
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STUDY SESSION: Staff to present draft FY 23/24 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 FY2023/2024 budget to the Board of Directors at their April 6, 2023 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 8, 2023 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 2023/2024 |
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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
Per the Authority Bylaws, the Executive Director, in cooperation with the Auditor-Controller, presented the preliminary FY2023/2024 budget to the Board of Directors at the April 6, 2023 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 8, 2023 meeting.