Title
Approval of Budget Revision No. 2026-09 for DPU Budget Carryovers from FY2025 to FY2026
Recommended Action
I move that the Board of Public Utilities recommend Budget Revision 2026-09 as summarized on attachment A and forward to Council with a recommendation for approval. I further move that attachment A be made a part of the minutes of this meeting.
Utilities Manager Recommendation
The Utilities Manager recommends the Board of Public Utilities 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. We are seeking Board recommendation to carry these funds over in anticipation of completing these projects in FY2026. Upon Board recommendation, the $6,921,617 expenditure and $619,638 revenue budget carryover will be presented to Council for approval.
Alternatives
If these funds are not carried over the associated projects would have to be postponed, other projects delayed, or the budgeted projects in FY2026 would be 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