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HomeMy WebLinkAboutItem 6g. 2026-27 Whale Rock Reservoir Budget Whale Rock Commission Report Whale Rock Commission Meeting – May 28, 2026 Agenda Item 6g – 2026-27 Whale Rock Reservoir Budget FROM: Shawna Scott, Assistant Director of Utilities PREPARED BY: Shane Whittington, Utilities Business Manager SUBJECT: 2026-27 W hale Rock Reservoir Budget RECOMMENDATION Adopt the 2026-27 Whale Rock Reservoir Budget. DISCUSSION Summary Pursuant to the Supplemental Agreement for the Construction and Operation of the Whale Rock Project, San Luis Obispo County (February 1961), the Whale Rock Commission has the powers and duties to consider and approve the annual budget (Attachment E - Section C3). In alignment with this agreement, staff have developed a proposed budget and proposed member agency contributions that considers Operating, Salaries and Benefits, Capital, and Electrical Pumping expenditures. These member agency contributions are summarized in the tables below. Table 1 – 2026-27 Agency Contributions City of San Luis Obispo (55.05%) Cal Poly State University (33.71%) California Men’s Colony (11.24%) Total Contribution $2,647,451 $1,621,173 $540,552 O&M Allocation1 $789,599 $483,513 $161,219 CIP Contribution $1,095,495 $670,829 $223,676 CIP Reserve Contribution $762,357 $466,831 $155,657 Table 2 – 2026-27 Forecasted Pumping Charges City of San Luis Obispo Cal Poly State University California Men’s Colony Dairy Creek Forecasted Pumping Charges $250,000 $238,000 $20,000 $25,000 1 O&M Allocation does not include electricity costs associated with pump station operation. Participants should budget for the total of “Total Contribution” (Table 1) plus “Forecasted Pumping Charges” (Table 2). Page 81 of 103 The next sections describe the detailed budgets from which the recommendations above are derived. Additional sections on recommended capital reserve contributions are also included. Detailed Budgets Table 3 contains budget totals organized by cost categories and subcategories. Table 3 – Detailed Budgets 2025-26 Adopted Budget 2026-27 Proposed Budget 2027-28 Forecasted Budget Capital Asset Expenses $4,326,597 $3,374,845 $3,983,284 Capital Expenses $169,859 $1,990,000 $7,983,284 Legacy Projects $2,771,893 Transfers to/from Capital Reserves $1,384,845 $1,384,845 $(4,000,000) Salaries and Benefits $795,293 $816,450 $840,249 Salaries $554,675 $553,108 $569,007 Benefits $240,618 $263,342 $271,242 Operating Budget $1,321,593 $1,156,624 $1,169,007 Office Expenses $8,466 $8,466 $8,466 Operating Materials & Supplies $93,050 $53,250 $53,250 Services and Supplies $167,828 $192,853 $172,853 Travel, Meeting, and Dues $8,200 $8,200 $8,200 Utilities – Electrical Pumping $710,073 $533,000 $548,990 Utilities – Other $32,400 $33,000 $33,000 General Government $301,576 $327,855 $344,248 Revenues $3,671,589 $4,997,919 $6,052,539 Charges for Services $1,399,812 $1,434,331 $1,454,523 Charges for Electricity $710,073 $533,000 $548,990 Charges for CIP Contributions $1,554,704 $3,374,845 $3,983284 Other Revenue $7,000 $5,743 $5,743 Net Revenue (Revenue minus Expenditures) $2,771,893 $0 $0 Ending Year Balance 2025-26 2026-27 2027-28 Capital Reserve Balance $3,402,528 $4,787,373 $787,373 Unreserved Fund Balance $1,770,939 $1,770,939 $1,770,939 Tables including descriptions of the subcategories, more granular budget data, and detailed capital projects forecasts are included as Attachments A, B, and C. A copy of the Whale Rock Fund Analysis is included as Attachment D. Page 82 of 103 Capital Reserve Balances and Recommendations Capital reserve balance and staff recommendations for capital reserves in 2025-26 are outlined in Table 4. These recommendations will be reviewed annually to ensure that reserve balances are sufficient to cover capital needs and to try to reduce the frequency of large year-to-year variations in capital costs. Consistent with Item 7 on May 8, 2025 covering the 2025-26 Whale Rock Reservoir Budget, staff are recommending higher than usual capital reserve contributions in anticipation of 200549-Whale Rock Pump Station Electrical Repairs (A and B), which is scheduled for construction in 2027-28. Staff anticipate recommending a $4,000,000 utilization of capital reserves across all partner agencies for 200549-Whale Rock Pump Station Electrical Repairs (A and B) in 2027-28. Table 4 – Capital Reserves and Recommendations City of San Luis Obispo (55.05%) Cal Poly State University (33.71%) California Men’s Colony (11.24%) 2025-26 Capital Reserve Balance $1,952,112 $1,051,837 $398,579 2026-27 Capital Reserve Contributions $762,357 $466,831 $155,657 2026-27 Capital Reserve Balance $2,714,469 $1,518,668 $554,235 Staff will evaluate capital reserve levels and contributions on an annual basis to reassess for sufficiency. Agency Contributions The Whale Rock Commission members’ contributions are summarized in Table 1 and Table 2. The largest expenditure increases, relative to the previous year, are primarily related to increased contributions to capital projects including the Spillway Concrete Wall Repairs (Item 4), Seismic Study (Item 5), Hydrologic and Hydraulic PMF Studies (Item 6), and Stilling Basin Maintenance (Item 7). The Seismic Study and Spillway Wall Repair projects are mandated studies and rehabilitation projects resulting from the July 2025 Annual Inspection Report from the division of Safety Dams (DSOD). The requested funding was partially offset by the deferral and altered scope of 2001017-Whale Rock Pipe Assessment and Repairs (91617), commonly referred to as the Dairy Creek Pipeline Repair Project. This project is being deferred as it is a lower priority than the other projects, and not able to be completed until the Nacimiento pipeline project is completed, restoring backup water supplies to the City of San Luis Obispo and Cal Poly. A year-over-year summary of Whale Rock Commission members’ contributions are included in Table 6. Page 83 of 103 Table 6 – Year-Over- Year Agency Contributions 2025-26 Adopted Budget 2026-27 Proposed Budget City of San Luis Obispo (55.05%) $1,932,767 $2,897,451 O&M Allocation $770,597 $789,599 CIP Contribution $855,865 $1,857,852 Pumping Charges $306,306 $250,000 Cal Poly State University (33.71%) $1,302,273 $1,859,173 O&M Allocation $471,877 $483,513 CIP Contribution $524,091 $1,137,660 Pumping Charges $306,306 $238,000 California Men’s Colony (11.24%) $415,626 $585,552 O&M Allocation $157,339 $161,219 CIP Contribution $174,749 $379,333 Pumping Charges $83,538 $45,000 Total Member Contributions $3,650,666 $5,342,176 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. ALTERNATIVES The Whale Rock Commission members may elect not to approve the budget as proposed or may elect to modify elements of the proposed budget. 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. Not approving the budget would adversely affect these essential functions, and would result in the delay of actions required by the Division of Safety of Dams . ATTACHMENT A – Descriptions of Account Subcategories B – Detailed Budgets (Account Level Detail) C – Capital Project Forecast D – Whale Rock Fund Analysis E – Supplemental Agreement for the Construction and Operation of the Whale Rock Project, San Luis Obispo County (February 1961) Page 84 of 103 Item 6g - Attachment A Subcategory Descriptions Capital Expenses This subcategory describes project budgets proposed to be allocated in the corresponding fiscal year. Legacy Projects This subcategory describes project budgets that were approved in a prior fiscal year but are still allocated for the current fiscal year. Expenses for capital projects may be incurred in multiple fiscal years due to the timing of the project. Capital Reserves This subcategory describes agency contributions to a reserve account for future capital projects. These funds are reserved and can only be utilized as authorized by member agencies. Salaries This subcategory describes all direct payment for salaries related to operating the Whale Rock Reservoir. This includes regular salaries, standby, and call back. Benefits This subcategory describes all benefits for staff related to operating the Whale Rock Reservoir. This includes retirement contributions, CalPERS, and insurance. Office Expenses This subcategory describes expenses such as paper, toner, binders, and other miscellaneous office supplies. Operating Materials and Supplies This subcategory describes all materials related to operating the Whale Rock Reservoir. Some of the specific items covered by this cost category include valves, pump repair materials, water meters, fencing materials, etc. Services and Supplies This subcategory describes expenses such as annual dam inspections through the California Department of Water Resources, minor pump and motor rebuilds, and other contract services. Travel, Meeting, and Supplies This subcategory describes expenses related to education and training such as AWWA conferences and other pertinent educations opportunities. Utilities – Electrical Pumping This subcategory describes the expenses related to pumping water from the Whale Rock Reservoir to the Whale Rock Commission members. While staff provided forecasted budget for this expense, pumping charges are not collected through agency contributions, and are billed separately based on proportional share of water delivered. Utilities – Other This subcategory describes utility expenses not related to pumping water. This includes utilities like communications, garbage, and facility and office electricity. General Government This subcategory describes expenses related to internal support services provided by the City, including the Finance, Human Resources, and City Clerk’s Office Departments. Charges for Services This subcategory includes all Whale Rock Commission Member contributions, and any revenues related the fishing program. Other General Government Revenue This subcategory describes all other revenue. It includes any sort of interest on investments, rental revenues, etc. Page 85 of 103 Page 86 of 103 Attachment B - Detailed Budgets (Acccount Level Details) 2025-26 Budget Data by Account Fiscal Year Row Labels 2026 Budgeted 2027 Proposed 2028 Forecasted 31022-Whale Rock CIP Reserve Contribution - City (762,357)$ (762,357)$ 2,202,000$ 31023-Whale Rock CIP Reserve Contribution - Cal Poly (466,831)$ (466,831)$ 1,348,400$ 31024-Whale Rock CIP Reserve Contribution - CA Men's Colony (155,657)$ (155,657)$ 449,600$ 44101-Interest on Investment 1,000$ 5,000$ 5,000$ 44310-Miscellaneous Revenue 6,000$ 743$ 743$ 46706-Whale Rock Operating Charges 1,399,812$ 1,434,331$ 1,454,523$ 46707-Whale Rock CIP Contributions 1,554,704$ 3,374,845$ 3,983,284$ 46711-Water Distribution (Pumping) Charges 710,073$ 533,000$ 548,990$ 51001-Salaries - Regular (471,415)$ (482,568)$ (497,045)$ 51003-Salaries - Contract -$ -$ -$ 51004-Salaries - Temporary -$ -$ -$ 51010-Overtime (3,000)$ (3,000)$ (3,090)$ 51017-Standby (22,245)$ (23,140)$ (23,140)$ 51018-Call Back (4,000)$ (4,000)$ (4,120)$ 52001-Retirement Contributions (38,553)$ (39,594)$ (40,782)$ 52002-Retirement PARS - 401 (222)$ (222)$ (229)$ 52003-PERS Unfunded Liability (131,432)$ (148,752)$ (153,214)$ 53001-Employee Group Insurance (57,449)$ (61,481)$ (63,325)$ 53002-Retiree Healthcare (6,180)$ (6,351)$ (6,541)$ 55001-Medicare (6,781)$ (6,942)$ (7,151)$ 56003-Contingency Expense (54,015)$ (40,400)$ (41,612)$ 61005-Data Processing Services -$ -$ -$ 61007-Legal Services (20,000)$ (20,000)$ (20,000)$ 61011-Maintenance (16,200)$ (16,200)$ (16,200)$ 61013-Other Contract Services (118,650)$ (144,000)$ (124,000)$ 61027-Control Systems (12,978)$ (12,653)$ (12,653)$ 61503-Electric Service (723,373)$ (546,300)$ (562,290)$ 61505-Communication Service (15,500)$ (16,100)$ (16,100)$ 61506-Solid Waste Service (3,600)$ (3,600)$ (3,600)$ 62002-Office Supplies (1,500)$ (1,500)$ (1,500)$ 62007-Employee Recognition (500)$ (500)$ (500)$ 62009-Software Licensing and Maint Agreements (6,466)$ (6,466)$ (6,466)$ 62501-Chemicals (700)$ (700)$ (700)$ 62502-Construction Materials and Supplies (5,900)$ (6,000)$ (6,000)$ 62503-Equipment Maintenance Supplies (5,500)$ (5,500)$ (5,500)$ 62505-Machinery and Equipment (60,000)$ (20,000)$ (20,000)$ 62506-Safety Materials and Supplies (2,150)$ (2,150)$ (2,150)$ 62509-Misc Materials and Supplies (18,800)$ (18,900)$ (18,900)$ 63001-Membership and Certifications (600)$ (600)$ (600)$ 63002-Education and Training (6,100)$ (6,100)$ (6,100)$ 63003-Trips and Meetings (1,500)$ (1,500)$ (1,500)$ 71006-Project Expenditures (169,859)$ (1,990,000)$ (7,983,284)$ 71501-Undesignated Capital (Completed Projects) (17,842)$ 71999-Legacy Project Expenses (2,754,051)$ 75002-Reimbursement Transfers Out (301,576)$ (327,855)$ (344,248)$ Grand Total (2,771,893)$ 0.00$ -$ Page 87 of 103 Page 88 of 103 2025-26 Capital Projects Forecast Fiscal Year Item Description Notes 2026 Budgeted 2027 Proposed 2028 Forecasted 2029 Forecasted 2030 Forecasted 2031 Forecasted 2032 Forecasted 2033 Forecasted 2034 Forecasted 2035 Forecasted 2036 Forecasted 2000075-Major Facilities Maintenance [1000075]09.01-Corp Yard Fuel Island Siding / Recoating of Fuel Island and Dispensers 2,929.38$ 2000176-Whale Rock Intake Valve Replacement [1000176]00-BASE 200,000.00$ 2000181-Fleet Services Vehicle Lift [1000181]02-Whale Rock Fund Vehicle Lift -$ 2000521-Fleet Replacement: Utilities [1000521]01.06-Water Distribution Vactor Truck -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 2000521-Fleet Replacement: Utilities [1000521]03.01-Whale Rock 1/2 Ton Truck (1630) -$ -$ -$ 82,500.00$ -$ -$ -$ -$ -$ -$ 2000521-Fleet Replacement: Utilities [1000521]03.02-Whale Rock Utility Tractor 1,677.65$ 2000521-Fleet Replacement: Utilities [1000521]03.03-Whale Rock Trailer 6,346.00$ 2000521-Fleet Replacement: Utilities [1000521]03.04-Whale Rock Dump Trailer 8,438.75$ 2000521-Fleet Replacement: Utilities [1000521]03.X10-Whale Rock UTV w/Dump Bed -$ 30,000.00$ -$ -$ -$ -$ -$ -$ -$ -$ 2000521-Fleet Replacement: Utilities [1000521]03.X5-Whale Rock Service Body Truck (1637) -$ -$ -$ -$ 100,000.00$ -$ -$ -$ -$ -$ 2000521-Fleet Replacement: Utilities [1000521]03.X6-Whale Rock 4x4 SUV - Jeep (1738) -$ -$ -$ -$ -$ 76,000.00$ -$ -$ -$ -$ 2000521-Fleet Replacement: Utilities [1000521]03.X7-Whale Rock Boston Whaler -$ -$ -$ 40,000.00$ -$ -$ -$ -$ -$ -$ 2000521-Fleet Replacement: Utilities [1000521]03.X8-Whale Rock Boat Trailer -$ -$ -$ 10,000.00$ -$ -$ -$ -$ -$ -$ 2000521-Fleet Replacement: Utilities [1000521]03.X9-Whale Rock Portable Generator (1302) -$ -$ 200,000.00$ -$ -$ -$ -$ -$ -$ -$ 2000549-Whale Rock Pump Station Rehab 00-BASE 500,000.00$ 500,000.00$ 4,539,380.00$ -$ -$ -$ -$ -$ -$ -$ -$ 2000602-Utilities IT Replacements [1000074]01.03-Asset Management Cityworks Integration (Whale Rock Fund) 6,610.00$ 2000603-Enterprise IT Replacements [1000074]06-Radios, Mobiles and stations not replaced - EF & PW Only 9,114.82$ -$ -$ -$ -$ -$ 12,298.74$ -$ -$ -$ -$ 2000603-Enterprise IT Replacements [1000074]08-VoIP Telephone System 1,558.00$ 2000603-Enterprise IT Replacements [1000074]08-VolP Telephone System -$ -$ -$ -$ -$ -$ -$ -$ 2,032.84$ -$ 2000603-Enterprise IT Replacements [1000074]09-Wireless System Citywide -$ -$ 1,299.55$ -$ -$ -$ -$ 1,506.53$ -$ -$ -$ 2000604-Network IT Replacements [1000074]02-Firewall Replacement 841.82$ 2000604-Network IT Replacements [1000074]02-Firewall Replacements -$ -$ -$ 975.90$ -$ -$ -$ -$ 1,131.34$ -$ 2000604-Network IT Replacements [1000074]03-Network Security Upgrade 421.00$ 2000604-Network IT Replacements [1000074]03-Network Security Upgrades -$ 460.04$ -$ -$ 502.70$ -$ -$ 549.31$ -$ -$ 2000604-Network IT Replacements [1000074]04.03-Network Switching Infratstructure Equipment 625.00$ 2000604-Network IT Replacements [1000074]04.03-Networking Switching Infrastructure Equipment -$ -$ 724.55$ -$ -$ -$ -$ 839.95$ -$ -$ 2000604-Network IT Replacements [1000074]05-Uninterruptible Power Supplies (UPS, Servers and Storage) 1,962.00$ -$ 2,143.93$ -$ -$ 2,342.73$ -$ -$ 2,559.96$ -$ -$ 2000604-Network IT Replacements [1000074]06-Virtual Private Network Replace 2,341.00$ -$ -$ -$ 2,713.86$ -$ -$ -$ -$ 3,146.11$ -$ 2000604-Network IT Replacements [1000074]07.03-VMware Infrastructure Upgrade 8,301.00$ -$ -$ 9,070.73$ -$ -$ 9,911.83$ -$ -$ 10,830.92$ -$ 2001009-Whale Rock Major Maintenance [91335]00-BASE 185,799.92$ -$ -$ -$ -$ -$ -$ 100,000.00$ 100,000.00$ 100,000.00$ 100,000.00$ 2001009-Whale Rock Major Maintenance [91335]01-Spillway Drain Repairs 263,929.90$ 2001009-Whale Rock Major Maintenance [91335]02-Reservoir Fencing 48,030.00$ -$ 20,000.00$ 20,000.00$ 20,000.00$ 20,000.00$ 20,000.00$ 20,000.00$ 20,000.00$ 20,000.00$ 20,000.00$ 2001009-Whale Rock Major Maintenance [91335]03-Replacement of Piezometers 250,000.00$ 2001009-Whale Rock Major Maintenance [91335]04-Stilling Basin 235,836.47$ 2001009-Whale Rock Major Maintenance [91335]06-Whale Rock Reroof of Shop and Residence 7,333.92$ 2001009-Whale Rock Major Maintenance [91335]07-Intake Valve Replacement -$ 200,000.00$ -$ -$ -$ -$ -$ -$ -$ -$ 2001009-Whale Rock Major Maintenance [91335]07-Inventory for Emergency Pipeline Repairs 32,593.50$ 2001009-Whale Rock Major Maintenance [91335]08-Roadway Pavement 515,586.75$ 2001009-Whale Rock Major Maintenance [91335]08-Shop Pavement Replacement -$ -$ -$ 50,000.00$ -$ -$ -$ -$ -$ -$ 2001009-Whale Rock Major Maintenance [91335]10-Spillway Concrete Wall Repair 250,000.00$ 1,200,000.00$ -$ -$ -$ -$ -$ -$ -$ -$ 2001009-Whale Rock Major Maintenance [91335]11-Stilling Basin Maintenance (Rock Slope Protection) 120,000.00$ -$ 1,900,000.00$ -$ -$ -$ -$ -$ -$ -$ 2001009-Whale Rock Major Maintenance [91335]12-Seismic Study 550,000.00$ 550,000.00$ -$ -$ -$ -$ -$ -$ -$ -$ 2001017-Whale Rock Pipe Assessment and Repairs (91617)00-Transmission Pipeline Repairs (Base) -$ -$ -$ 1,800,000.00$ 1,800,000.00$ 1,800,000.00$ -$ -$ -$ -$ 2001017-Whale Rock Pipe Assessment and Repairs (91617)04-Pipeline Replacement Baywood 30,000.00$ 1,200,000.00$ -$ -$ -$ -$ -$ -$ -$ -$ 2001017-Whale Rock Pipe Assessment and Repairs (91617)05-Cathodic Protection Improvements -$ -$ 350,000.00$ -$ -$ -$ -$ -$ -$ -$ 2001017-Whale Rock Pipe Assessment and Repairs (91617)06-Pipeline Inspection -$ 200,000.00$ -$ -$ -$ -$ 1,000,000.00$ -$ -$ -$ 2001017-Whale Rock Pipe Assessment and Repairs [91617]00-Transmission Pipeline Repairs (Base) 588,497.26$ 2001017-Whale Rock Pipe Assessment and Repairs [91617]01-Pipeline Replacement Alternatives Study 346.03$ 2001017-Whale Rock Pipe Assessment and Repairs [91617]02-Pipeline Creek Crossing Repairs 30,000.00$ 2001019-Whale Rock Auto Control Valves [91718]00-BASE 14,789.86$ 2027X01-Transmission Pipeline Point Repairs 00-BASE 40,000.00$ 40,000.00$ 40,000.00$ 40,000.00$ 40,000.00$ 40,000.00$ 40,000.00$ 40,000.00$ -$ -$ 2027X02-Whale Rock Hydrologic and Hydraulic Update 00-BASE 500,000.00$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Page 89 of 103 Page 90 of 103 Net Revenue Account Category 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 2032-3  Capital Asset Expense($84,591)($168,494)($76,025)($176,959)($577,105)($174,520)($2,941,752)($1,990,000)($7,983,284)($2,519,795)($2,046,190)($1,962,845)($1,958,211)($1,161 Capital Reserves     ($2,017,683)($1,384,845)($1,384,845)$4,000,000 ($345,000)($345,000)($345,000)($345,000)($345 General Government($160,203)($183,978)($186,211)($190,488)($274,372)($252,099)($301,576)($327,855)($344,248)($361,460)($379,533)($398,510)($418,435)($439 Operations($337,039)($414,989)($309,075)($568,828)($1,094,505)($1,006,018)($1,020,017)($828,769)($824,759)($870,873)($876,587)($925,580)($931,715)($983 Revenue$1,868,814 $2,161,494 $2,394,658 $2,376,183 $3,046,366 $3,130,086 $3,671,589 $5,347,919 $5,992,539 $4,962,585 $4,538,730 $4,550,098 $4,599,068 $3,903 Salaries and Benefits($550,117)($545,122)($695,766)($664,555)($677,123)($689,291)($795,292)($816,450)($840,249)($865,457)($891,420)($918,163)($945,708)($974 Total $736,864 $848,912 $1,127,581 $775,353 $423,261 ($1,009,525)($2,771,893)$0 $0 $0 $0 $0 $0 Unreserved Fund Balance $0M $5M 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 2032-33 2033-34 2034-35 2035-36 $2.4M $3.2M $4.4M $5.1M $5.6M $4.5M $1.8M $1.8M $1.8M $1.8M $1.8M $1.8M $1.8M $1.8M $1.8M $1.8M $1.8M Whale Rock Fund Financial Position Days of Cash on Hand 0K 1K 2K 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 2032-33 2033-34 2034-35 2035-36 976 1,226 1,581 1,518 1,144 978 356 393 388 372 366 351 344 330 324 311 305 Capital Reserve Contributions by Agency Member ($4M) ($3M) ($2M) ($1M) $0M $1M $2M 2024 - 2 5 2025 - 2 6 2026 - 2 7 2027 - 2 8 2028 - 2 9 2029 - 3 0 2030 - 3 1 2031 - 3 2 2032 - 3 3 2033 - 3 4 2034 - 3 5 2035 - 3 6 $2,017,683 $1,384,845 ($4,000,000) $345,000 $345,000 $345,000 $345,000 31022-Whale Rock CIP Reserve Contri…31023-Whale Rock CIP Res…31024-Whale Rock CI… 2026-27 Ending CIP Reserves Balance - City of San Luis Obispo $2,714,469 2026-27 Ending CIP Reserves Balance - Cal Poly $1,518,668 2026-27 Ending CIP Reserves Balance - California Men's Colony $554,235 CIP Reserve Balance Forecasted CIP Contributions Forecasted OpEx Contributions Forecasted Pumping Charges Page 91 of 103 Concat Account 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 203  44002-Rental Fees  $5,049 $1,122           44101-Interest on Investment $71,545 $818 $39,588 $78,159 $183,176 $192,771 $1,000 $5,000 $5,000 $5,000 $5,000 $5,000 44107-Investment FMV Adjustment   ($146,953)($17,408)$84,677 $118,836        44201-Other Rent & Leasse Revenue $4,862  $3,366 $4,488 $5,895 ($999)       44301-Sale of Surplus Property      $3,250        44305-Damage to City Property $7,613             44310-Miscellaneous Revenue $743 $743 $1,091 $743 $742 $743 $6,000 $743 $743 $743 $743 $743 45307-Federal Stimulus Grant   $260           46703-Utilities Base Charges ($3,034)            46706-Whale Rock Operating Charges $979,351 $1,015,607 $949,126 $1,126,924 $1,242,781 $1,310,027 $1,399,812 $1,434,331 $1,454,523 $1,526,588 $1,580,592 $1,636,614 $1 46707-Whale Rock CIP Contributions $576,621 $887,938 $1,401,424 $810,312 $693,550 $731,506 $1,554,704 $3,374,845 $3,983,284 $2,864,795 $2,369,972 $2,307,845 $2Total$1,868,814 $2,161,494 $2,394,658 $2,376,183 $3,046,366 $3,130,086 $3,671,589 $5,347,919 $5,992,539 $4,962,585 $4,538,730 $4,550,098 $4, Account Category All  Whale Rock Fund Revenue Details Account Subcategory All  Concat Account All  Item Description All  Assigned Member Agency All  Revenue Actuals & Forecast $0M $2M $4M $6M 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 2032-33 2033-34 2034-35 2035-36 $1.87M $2.16M $2.39M $2.38M $3.05M $3.13M $3.67M $5.35M $5.99M $4.96M $4.54M $4.55M $4.60M $3.90M $2.96M $3.05M $3.09M Actual Budgeted Forecasted Page 92 of 103 Concat Account 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30  31022-Whale Rock CIP Reserve Contribution - City      $1,189,755 $762,357 $762,357 ($2,202,000)$189,923 $189,923 31023-Whale Rock CIP Reserve Contribution - Cal Poly      $585,006 $466,831 $466,831 ($1,348,400)$116,300 $116,300 31024-Whale Rock CIP Reserve Contribution - CA Men's Colony      $242,922 $155,657 $155,657 ($449,600)$38,778 $38,778 51001-Salaries - Regular $343,044 $346,208 $370,480 $430,867 $434,659 $442,268 $471,415 $482,568 $497,045 $511,956 $527,315 51003-Salaries - Contract   $6,310  $3,109 $4,363 $0 $0 $0 $0 $0 51004-Salaries - Temporary   $157    $0 $0 $0 $0 $0 51010-Overtime $7,734 $1,342 $1,661 $1,044 $791 $246 $3,000 $3,000 $3,090 $3,183 $3,278 51017-Standby $19,663 $19,167 $18,972 $18,539 $16,152 $11,787 $22,245 $23,140 $23,140 $23,834 $24,549 51018-Call Back  $687 $871 $2,709 $5,037 $699 $4,000 $4,000 $4,120 $4,244 $4,371 52001-Retirement Contributions $33,020 $31,035 $31,662 $33,752 $40,619 $39,390 $38,553 $39,594 $40,782 $42,006 $43,266 52002-Retirement PARS -401 $143 $159 $173 $200 $220 $234 $222 $222 $229 $236 $243Total$1,131,950 $1,312,583 $1,267,077 $1,600,830 $2,623,105 $4,139,610 $6,443,483 $5,347,919 $5,992,539 $4,962,585 $4,538,730 Account Category All  Whale Rock Fund Expenditure Details Account Subcategory All  Concat Account All  Item Description All  Assigned Member Agency All  Expenditure Actuals & Forecast $0M $2M $4M $6M 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 2032-33 2033-34 2034-35 2035-36 $1.13M $1.31M $1.27M $1.60M $2.62M $4.14M $6.44M $5.35M $5.99M $4.96M $4.54M $4.55M $4.60M $3.90M $2.96M $3.05M $3.09M Actual Budgeted Forecasted Page 93 of 103 Charge Account 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033  705.0000.44002 ($561)            705.1101.51001$9 $41 $81            705.1101.51017$490 $434 $370            705.1101.52001$39 $34 $31 $11           705.1101.53002 $1             705.1101.55001$6 $6 $5 $2           705.2001.75002$160,203 $183,978 $186,211            705.2003.44301     ($3,250)        705.2007.44002 ($4,488)($1,122)           705.2007.44101($71,545)($818)($4,603)($75,127)($183,176)($192,771)        705.2007.44107  $39,198 $17,408 ($84,677)($118,836)        705.2007.44204($4,862) ($3,366)($4,488)($5,895)$999         705.6003.51001  $54            705.6003.52001  $4 $3           705.6003.55001  $1 $0           705.6005.52001($0)             705.6201.31022     $1,189,755 $762,357 $762,357 ($2,202,000)$189,923 $189,923 $189,923 $189,923 $189,92 705.6201.31023     $585,006 $466,831 $466,831 ($1,348,400)$116,300 $116,300 $116,300 $116,300 $116,30 705.6201.31024     $242,922 $155,657 $155,657 ($449,600)$38,778 $38,778 $38,778 $38,778 $38,77 705.6201.44101  ($34,985)($3,032)  ($1,000)($5,000)($5,000)($5,000)($5,000)($5,000)($5,000)($5,000 705.6201.44107  $107,755            705.6201.44305($7,613)             705.6201.44310($743)($743)($1,091)($743)($742)($743)($6,000)($743)($743)($743)($743)($743)($743)($743 705.6201.45307  ($260)           705.6201.46703$3,034              Total ($736,864)($848,912)($1,127,581)($775,353)($423,261)$1,009,525 $2,771,893 ($0)($0)$0 $0 ($0)($0)($0 General Ledger & Forecast Detail Concat Account All  Item Description All  Fiscal Year All  Account Category All  Account Subcategory All  Page 94 of 103 Item Description 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030  1000047-Fleet Replacements - Annual Asset Maintenance$0 $0 $0 $0         1000074-IT Replacements - Annual Asset Maintenance Account$2,624 $1,637 $3,035 $243         1000075-Major Facilities Maintenance - Annual Asset Maintenance Account$0 $0 $0 $0         1000176-Whale Rock Intake Valve Replacement$0 $0 $0 $0         1000181-Fleet Services Vehicle Lift$0 $0 $0 $0         1000521-Fleet Replacement: Utilities$0 $0 $0 $0         1000542-Water Treatment Plant Major Facility Maintenance$0 $0 $0 $0         2000075-Major Facilities Maintenance [1000075]     $13,068 $2,929      2000176-Whale Rock Intake Valve Replacement [1000176]      $200,000      2000181-Fleet Services Vehicle Lift [1000181]    $2,000  $0      2000521-Fleet Replacement: Utilities [1000521]    $20,215 $73,322 $16,462 $0 $30,000 $200,000 $132,500 2000549-Whale Rock Pump Station Rehab      $500,000 $500,000 $4,539,380 $0 $0 2000602-Utilities IT Replacements [1000074]      $6,610      2000603-Enterprise IT Replacements [1000074]    $0 $885 $10,673 $0 $1,300 $0 $0 2000604-Network IT Replacements [1000074]      $14,492 $0 $2,604 $9,795 $3,690 2001009-Whale Rock Major Maintenance [91335]$19,210 $125,511 $72,990 $89,897 $544,663 $31,839 $1,539,110 $920,000 $1,970,000 $1,920,000 $70,000 2001017-Whale Rock Pipe Assessment and Repairs (91617)       $30,000 $1,400,000 $350,000 $1,800,000 2001017-Whale Rock Pipe Assessment and Repairs [91617]    $3,000 $50,654 $618,843      2001019-Whale Rock Auto Control Valves [91718]    $7,227 $4,751 $14,790      2027X01-Transmission Pipeline Point Repairs       $40,000 $40,000 $40,000 $40,000 2027X02-Whale Rock Hydrologic and Hydraulic Update       $500,000 $0 $0 $0 90069-Whale Rock Old Creek Habitat Plan (90069)$0 $0 $0 $0         90490-Water Distribution Telemetry System Upgrade (90490)$8,432 $0 $0 $0         91617-Whale Rock Pipe Assessment and Repairs (91617)$30,000 $0 $289 $83,753         91675-Whale Rock Boathouse Replacement (91675)$2,928 $7,575 $0 $0         Total $84,591 $168,494 $76,025 $176,959 $577,105 $174,520 $2,941,752 $1,990,000 $7,983,284 $2,519,795 $2,046,190 Capital Projects Details Item Description All  Notes All  Fiscal Year All  Page 95 of 103 Page 96 of 103 Page 97 of 103 Page 98 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