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HomeMy WebLinkAboutItem 6 - 2022-23 Whale Rock Reservoir BudgetWhale Rock Commission Report Whale Rock Commission Meeting – April 21, 2022 Agenda Item 6 – 2022-23 Whale Rock Reservoir Budget FROM: Aaron Floyd, Utilities Director PREPARED BY: Mychal Boerman, Utilities Deputy Director - Water SUBJECT: 2022-23 Whale Rock Reservoir Budget RECOMMENDATION Adopt the 2022-23 Whale Rock Reservoir Budget. DISCUSSION The Whale Rock Commission considers the Operating, Salary and Benefits, Capital, and Electrical Pumping Budgets for Whale Rock Reservoir on an annual basis and approves the budgets during its annual commission meeting. Details regarding budgetary requests for 2022- 23 are discussed below. Staffing and Operating Budget The proposed 2022-23 budget for operation of the Whale Rock Reservoir includes ongoing maintenance and upkeep of Whale Rock facilities and includes costs for maintenance and operation of the dam, spillway, intake structure, transmission pipeline, and pump stations. The budget also includes costs associated with maintenance and upkeep of public access and recreation areas, the dam keeper shop and residence, and tools and equipment required for daily work. General Government expenses found within the Operating Budget fund support services that are provided by the City’s internal support departments such as Human Resources, Finance, City Clerk’s Office, and City Attorney’s Office. The City recently completed a compensation study for all City of San Luis Obispo employees which documented that salaries and benefits need to be increased for Whale Rock to remain competitive when recruiting and retaining employees. Preliminary estimates for compensation increases have been incorporated into the 2022-23 Salary and Benefits budgets. While actual increases will be dependent upon bargaining group negotiations, staff updated the Salaries and Benefits budget to account for this uncertainty. Table 1 and Table 2 below present the Operating and Salaries and Benefits budgets proposed for Whale Rock Reservoir for fiscal year 2022-23. Item 6 Table 1 - Operating Budget Budget Category Adopted 2021-22 Budget Proposed 2022-23 Budget Contract Services $120,796 $143,296 Data Processing Services $7,800 $7,800 Maintenance $6,800 $8,200 Legal Services $5,000 $5,000 Office Supplies $2,500 $2,500 Employee and Volunteer Recognition $500 $500 Membership and Certifications $1,504 $1,471 Education and Training $9,080 $8,900 Trips and Meetings $1,500 $1,500 Office and Facility Electricity $7,000 $8,400 Agency Pumping Expenses $299,608 $365,400 Communication Service (Radio, Cell, Fiber) $12,080 $12,080 Solid Waste Service $1,700 $1,900 Construction Materials and Supplies $5,800 $5,800 Equipment Maintenance Supplies $4,100 $4,300 Chemicals $400 $400 Miscellaneous Materials and Supplies $18,800 $18,420 Safety Materials and Supplies $2,304 $2,272 Machinery and Equipment $20,000 $20,000 General Government $187,511 $190,202 Total $714,783 $808,341 Table 2 – Salaries and Benefits Budget Budget Category Adopted 2021-22 Budget Proposed 2022-23 Budget Salaries $400,172 $462,648 Benefits $206,100 $228,335 Total $606,272 $690,983 Capital Projects Capital Improvement Project Funding Request To reduce large fluctuations in CIP budget requests on a year over year basis, Whale Rock participants have opted to contribute to projects over multiple years in advance of project delivery. For instance, the total cost for a project to rehabilitate Pump Station A and Pump Station B is estimated at $1,960,620. Whale Rock Commission member agencies have elected to pay between $180,000 and $221,377 per year over a ten-year period from 2015-16 through 2024-25 to fund this project. This payment is referred to as a payment to “CIP Reserves”. In Item 6 some cases, projects are not able to be funded in advance and must be fully funded by Whale Rock Participants in the year they are anticipated to be constructed, these projects are generally the result of emerging regulations or unanticipated equipment failure that requires immediate action. Tables 3-5 below categorize CIP investments into three major categories related to Infrastructure Projects, IT Projects, and Fleet Purchases. Table 6 provides the total CIP contribution being requested in the 2022-23 Whale Rock Budget, including Cal Poly’s annual “Reserves Catch-Up” payment. Table 3 - Infrastructure Projects Project Name Project Delivery Year Total Project Budget 2022-23 Contribution Valve Replacement 2027-28 $400,000 $25,085 Shop Pavement Replacement 2029-30 $50,000 $5,000 Shop and Residence Reroof 2022-23 $35,000 $11,600 Transmission Pipeline Repair (Pre-Calibration)1 2022-23 $510,000 $146,600 Transmission Pipeline Repair Design (Post-Calibration) 2025-26 $60,000 $15,000 Transmission Pipeline Reinspection 2027-28 $550,000 $53,616 Pump Station Rehabilitation 2024-25 $1,926,620 $208,669 Closed Tube Piezometer Replacement 2024-25 $108,923 $11,593 Evaporation and Weather Station Replacement 2025-26 $25,398 $2,898 Stilling Basin Cleaning 2022-23 $150,000 $150,000 Cityworks Integration 2022-23 $10,000 $10,000 Fencing Replacement 2022-23 $20,000 $20,000 Total 2022-23 Infrastructure Projects CIP $660,061 Table 4 - IT Projects Project Name Project Delivery Year Total Project Budget 2022-23 Contribution Wireless System Upgrade (IT) 2022-23 $1,121 $1,121 Total 2022-23 IT Projects CIP $1,121 1 The Transmission Pipeline Repair Project is an ongoing work effort that consists of multiple stages of analysis and repair. Pre-Calibration repair funding will be utilized to remove approximately 200 feet of Whale Rock Pipeline. Removed pipeline will be analyzed and used to update the Whale Rock Pipeline Condition Analysis model. Funding for Post-Calibration design will be utilized to fund designs for any repairs that are necessary if model recalibration results in the need to remove additional pipe. Item 6 Table 5 - Fleet Purchases Project Name Project Delivery Year Total Project Budget 2022-23 Contribution F150 4x4 Pickup (Replacement) 2025-26 $34,593 $3,594 4x4 ¾ Ton Truck with Utility Box & Crane (Replacement) 2025-26 $75,000 $6,956 4x4 SUV/Jeep (Replacement 2025-26 $60,000 $15,000 John Deere Tractor (Replacement) 2023-24 $75,000 $12,000 Equipment Trailer (Replacement) 2022-23 $15,000 $15,000 Dump Trailer (New) 2022-23 $20,000 $20,000 Total 2022-23 Fleet Purchases CIP $72,550 Table 6 – Total Proposed CIP Contribution Total 2022-23 Infrastructure Projects Contribution $660,061 Total 2022-23 IT Projects Contribution $1,121 Total 2022-23 Fleet Contribution $72,550 Cal Poly CIP Reserve Catch Up2 $76,579 Total 2022-23 Proposed CIP $810,311 Electrical Pumping Charges Pacific Gas and Electric (PG&E) rates were raised two times during FY 21-22 and are anticipated to be increased again during the second quarter of FY 2022-23. The cumulative impact of these rate increases is approximately 20%. Whale Rock staff have proposed 20% increases to electricity budgets for each participant. Electrical Pumping Charges are passed directly from the City to member agencies, based on proportional water received, as bills are received from PG&E, and are not collected by the City in advance of use. However, member agencies are recommended to allocate funding in their agency budgets to accommodate electrical expenses, as outlined below. Table 7 - 2022-23 Electricity/Pumping Billing Allocations Agency Estimated Electrical Billings City of San Luis Obispo $127,200 Cal Poly $165,600 California Men’s Colony incl. DCGC $72,600 Total $365,400 2 Cal Poly began making contributions to CIP Reserves in 2020 -21 and makes additional contributions annually to “catch up” on projects where Reserve Contributions were not made between 2015 -16 and 2020-21. Item 6 Member Agency Contribution Allocations Projected Whale Rock Commission member contributions for the 2022-23 budget are calculated by totaling all projected Whale Rock expenditures and subtracting revenues the Commission anticipates collecting through pumping charges, investment income, day use fees, and other revenue sources. Total expenditure and revenue projections for FY 2022-23 can be seen in Table 8 and Table 9 below. The total budgetary request for all member agencies can be seen in Table 10, with an agency-by-agency break-down provided in Table 11. Table 10 – 2022-23 Whale Rock Budget Request Expenditures (Table 8) $2,309,635 Revenues (Table 9) ($372,400) 2022-23 Contribution Request $1,937,235 Table 8 – 2022-23 Whale Expenditure Projections Expenditure Category Amount Operating (Table 1) $808,341 Salaries and Benefits (Table 2) $690,983 Capital Improvements (Table 6) $810,311 Total $2,309,635 Table 9 – 2022-23 Whale Rock Revenue Projections Revenue Category Amount Whale Rock Pumping Charges $365,400 Investment Income $1,000 Other Revenue $6,000 Total $372,400 Table 11 – Member Agency Allocations 2020-21 2021-22 2022-23 Adopted Budget Adopted Budget Proposed Budget City of San Luis Obispo (55.05%) O&M Allocation $ 559,092 $ 522,494 $ 620,372 CIP Contribution-Actual $ 83,676 $ 460,966 $ 206,064 CIP Contribution-Reserve $ 362,977 $ 268,362 $ 197,856 Total Annual Contribution $ 1,005,745 $ 1,251,822 $1,024,291 Cal Poly State University (33.71%) O&M Allocation $ 342,361 $ 319,950 $ 379,886 CIP Contribution-Actual $ 51,239 $ 282,273 $ 126,184 CIP Contribution-Reserve $ 222,270 $ 164,332 $ 121,157 Additional Catch-Up Reserve $ 76,579 $ 76,579 $ 76,579 Item 6 ENVIRONMENTAL REVIEW The California Environmental Quality Act does not apply to the recommended action, because the action does not constitute a “Project” under CEQA Guidelines Sec. 15278. ALTERNATIVE The Whale Rock Commission members may elect not to approve the budget as proposed or may elect to modify elements of the proposed budget. This alternative is not recommended as the proposed budget allocates funding for staffing, electrical costs, Capital Improvement Projects, and costs for other essential functions related to the safety of Whale Rock Reservoir and delivery of raw water from the reservoir for basic health and safety needs. ATTACHMENT 1.Whale Rock Fund Analysis Total Annual Contribution $ 692,449 $ 843,135 $ 703,806 California Men's Colony (11.24%) O&M Allocation $ 114,154 $ 106,682 $ 126,666 CIP Contribution-Actual $ 17,085 $ 94,119 $ 42,074 CIP Contribution-Reserve $ 74,112 $ 54,793 $ 40,398 Total Annual Contribution $ 205,351 $255,594 $209,138 Total Member Contribution $ 1,903,545 $ 2,350,551 $ 1,937,235 Item 6 CHANGES IN FINANCIAL POSITION ‐ WR 2020‐21 2021‐22 2022‐23 2023‐24 2024‐25 2025‐26 2026‐27 2027‐28 2028‐29 2029‐30 2030‐31 Link to Backup Info Actuals Budget Budget Budget Budget Budget Budget Budget Budget Budget Budget REVENUES BY TYPE Member Agency Contribution 1,015,607$           949,126$              1,126,924$           1,131,908$             1,143,832$           1,158,429$           1,170,234$           1,181,925$           1,193,484$           1,204,892$           1,216,129$            Member Agency CIP (Actual + Reserve)887,938$              1,401,425$           810,311$              604,716$                 597,724$              289,841$              242,401$              149,365$              25,000$                25,000$                20,000$                 Water Distribution Revenue 248,469$              299,608$              365,400$              380,016$                 395,217$              411,025$              427,466$              444,565$              462,348$              480,841$              500,075$               Investment & Property Revenue 818$ 58,713$                 #1,000$  #1,000$  #1,000$ 1,000$  #1,000$  #1,000$ 1,000$ 1,000$ 1,000$  Other Revenue 8,662$ 6,000$ 6,000$ 6,000$ 6,000$ 6,000$ 6,000$ 6,000$ 6,000$ 6,000$ 6,000$  TOTAL 2,161,494$           2,714,871$           2,309,635$           2,123,640$             2,143,772$           1,866,295$           1,847,101$           1,782,855$           1,687,831$           1,717,733$           1,743,204$            EXPENDITURE BY CATEGORY Salaries & Benefits 545,122$               606,272$               690,983$               697,507$                  711,340$               728,236$               742,749$               757,580$               772,733$               788,212$               804,023$               Operating Expenditures 414,989$               519,664$               618,139$               627,411$                  636,822$               646,375$               656,070$               665,911$               675,900$               686,038$               696,329$               Capital Outlay 168,553$               1,716,683$            761,121$               118,515$                  2,112,436$            285,094$               577,500$               773,000$               20,000$                 70,000$                 20,000$                 Transfers Out 183,978$               187,511$               190,202$               194,006$                  197,886$               201,844$               205,881$               209,998$               214,198$               218,482$               222,852$               TOTAL 1,312,642$            3,030,129$            2,260,445$            1,637,439$              3,658,485$            1,861,548$            2,182,200$            2,406,490$            1,682,831$            1,762,733$            1,743,204$            EXPENDITURE BY FUNCTION General Government 183,978$               187,511$               190,202$               194,006$                  197,886$               201,844$               205,881$               209,998$               214,198$               218,482$               222,852$               Reservoir Operation 1,128,664$            2,101,824$            2,070,243$            1,443,433$              3,460,598$            1,659,704$            1,976,320$            2,196,492$            1,468,633$            1,544,251$            1,520,352$            TOTAL 1,312,642$            2,289,335$            2,260,445$            1,637,439$              3,658,485$            1,861,548$            2,182,200$            2,406,490$            1,682,831$            1,762,733$            1,743,204$            CHANGES IN FINANCIAL POSITION Working Capital ‐ Beginning 2,376,938$            3,225,851$            3,542,159$            3,569,931$              4,034,715$            2,498,586$            2,481,915$            2,125,399$            1,480,347$            1,463,930$            1,397,513$            Revenues over (under) Expenditure 848,852$               425,537$               49,190$                 486,201$                  (1,514,712)$          4,747$  (335,099)$             (623,635)$             5,000$  (45,000)$               ‐$  Working Capital ‐ Year End (before CalPers Down Payment)3,225,790$            3,651,388$            3,591,348$            4,056,132$              2,520,003$            2,503,332$            2,146,816$            1,501,764$            1,485,347$            1,418,930$            1,397,513$            CalPers Down Payment ‐$ 109,229$              21,417$                21,417$  21,417$                21,417$                21,417$                21,417$                21,417$                21,417$                21,417$                 Working Capital ‐ Year End 3,225,790$            3,542,159$            3,569,931$            4,034,715$              2,498,586$            2,481,915$            2,125,399$            1,480,347$            1,463,930$            1,397,513$            1,376,096$            Operating Reserve (20%)228,818$               262,689$               299,865$               303,785$                  309,210$               315,291$               320,940$               326,698$               332,566$               338,547$               344,641$               Capital Outlay Reserve Balance 1,587,581$            1,906,648$            1,955,837$            2,457,038$              956,917$               969,567$               634,468$               95,000$                 100,000$               55,000$                 55,000$                 UFL Trust Fund ‐$ 21,417$                22,620$                37,700$  37,700$                37,700$                37,700$                37,700$                37,700$                37,700$                37,700$                 Unreserved Working Capital ‐ Year End 1,409,391$            1,351,404$            1,291,609$            1,236,192$              1,194,759$            1,159,357$            1,132,291$            1,020,949$            993,663$               966,266$               938,755$               Item 6 - Attachment 1Item 6