Introduction and Overview Assistant General Manager Jeanne Chipperfield reviewed the budget cycle milestones for

Staff Report & Agenda Item Details

Introduction and Overview Assistant General Manager Jeanne Chipperfield reviewed the budget cycle milestones for District staff, Board of Directors, Members and Customers. She reviewed that the budget allows NTMWD to fulfill its Mission of providing high- quality and dependable water, wastewater and solid waste services in a cost- efficient manner. She noted that the budget is prepared in alignment with the FY27 Strategic Plan. Ms. Chipperfield reviewed the steps taken by staff to develop the budget. She advised that the soon- to- be implemented Workday enterprise resource planning system has further divided costs from today' s department structure into functional units called cost centers. An overview of the Major Funds structure was provided for the Regional Water System, Regional Wastewater System, Upper East Fork Interceptor System, Small Systems, Regional Solid Waste System and Shared Services. She provided a brief description of how rates are calculated.