Title
Presentation of the DPU FY2027 Budget
Body
Attached are the proposed FY2027 budget and the projected FY2028 budget. This is a two-year budget cycle, with a proposed budget for the first year and a projection for the second. Two years are presented to assist in analysis of trends and spending. Next year, the projected FY2028 budget will be updated and presented for approval.
The proposed FY2027 expenditure budget is $100,071,991, representing an 8% decrease compared to the FY2026 adopted budget approved by the Board in March 2025 and by Council during the April budget hearings.
Budget revisions and carryovers have been incorporated into the projected FY2026 budget. This adjustment ensures that projected ending cash balances for FY2027 are calculated more conservatively. Excluding these expenses could result in overstating cash balances and underestimating the revenue increases needed.
The specifics for each Utility sub-fund are discussed below. Note: This is a preliminary draft. Some inputs are still being finalized, and certain figures may change before the final presentation to the Board in March. All updates will be clearly noted when the Board reviews the final budget for adoption.
Staffing Changes
DPU has 102 regular-term FTEs and 3.65 FTEs for casual, student, and temporary roles. The overall FTE count remains unchanged from FY2026 to FY2027. Last year’s administrative budget included three overfill positions, and one of those was reallocated to Electric Distribution for the ED Superintendent-a change presented to the Board on September 17, 2025.
Per County Budget Office guidance, FY2027 salaries are estimated to increase 4% (1% grade adjustments, 3% performance). FY2028 salary and benefit costs are projected to rise 3%. These salary adjustments apply to employees outside DPU’s collective bargaining agreements.
Union Agreements
• IBEW: 2% increase included for FY2027; no increase for FY2028 (agreement expires...
Click here for full text