June 2022
MESSAGE FROM THE GENERAL MANAGER
part-time employees in an active status as of July 1, 2022.
The rolling biennial budget is approved by the Board each year with mid-term adjustments on increases in costs or decreases in projected revenues. This budgeting methodology reduces the constraints of forecasting revenues and expenditures in an unstable economy. It is the District’s practice that at the end of the first year, the District reports to the Board of Directors on the status of the revenues and expenses along with any recommendations for adjustments in the second year of the budget.
The mid-biennial budget update meets the District’s commitment to financial stability, accountability, and transparency. The following four fiscal cornerstones guide the District employees to pursue these goals.
Budget planning intends to resource and allocate the available funding for the period covered and, if possible, to address future economic contingencies. The expectation is that mid-biennial budget adjustments will address changing conditions unknown from the budget adoption period and adjust for anticipated economic trends. At the regular Board of Directors meeting held on June 15th, the Board received the mid-biennial budget for the fiscal year 2021-2022 and approved resolution 2022-39 amending the budget for fiscal years 2021-2022, 2022-2023. The approved budget included 39 efficiency and add packages; one of which provides a one-time inflation stipend to all non contracted full-time and regular 1
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Secure adequate funding to meet required service levels;
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Cost containment: making efficient use of existing tax dollars;
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Build and maintain a prudent reserve fund balance and;
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Foster a climate of sincerity, transparency, and accountability.
The entire staff report is available on our website to learn more about the midbiennial budget update.
Joshua Green, General Manager