Title
Approval of Budget Revision No. 2026-09 for DPU Budget Carryovers from FY2025 to FY2026
Recommended Action
I move that Council approve Budget Revision 2026-09 as summarized on attachment A. I further move that attachment A be made a part of the minutes of this meeting.
Utilities Manager Recommendation
The Utilities Manager recommends that Council approve the motion as presented.
Board, Commission or Committee Recommendation
The Board of Public Utilities reviewed this request at their regular meeting on September 17, 2025 and recommends that Council approve the motion as presented.
Body
The Department of Public Utilities is requesting approval of Budget Revision 2026-09 for carryover of budget authority for projects that were budgeted in FY2025 but were not completed. It is intended that these projects will be completed in FY2026. These projects are listed in detail in the Budget Revision, attached herewith as Attachment A.
Requirements for carryover budget authority are as follows:
- The projects were budgeted in FY2025 but were not completed.
- We did not have a valid encumbrance as of June 30, 2025 already.
- We have FY2025 Budget left to cover the amount we are proposing to carry over.
- We did NOT re-budget the project or funds in FY2026.
All of these requirements have been met for each of the projects listed. DPU is seeking Council approval to carry these funds over in anticipation of completing these projects in FY2026.
Alternatives
If these funds are not carried over the associated projects would have to be postponed, other projects delayed, re-budgeted in FY2027 or cancelled.
Fiscal and Staff Impact
The net fiscal impact to the Joint Utilities Fund in FY2026 is an increase in expenditures of $6,921,617, an increase in revenues of $619,638, and a decrease in Fund Balance of $6,301,979.
Attachments
A - Budget Revision 2026-09 DPU Carryovers