Financial Reports

Budget

The West Basin Board of Directors approves an annual operating budget. Our fiscal year runs from July 1st thru June 30th each year. The budget highlights West Basin’s accomplishments and provides a preview on how West Basin intends to support our mission and fulfill our commitment to sound financial and resource management. A description of the various programs and their associated costs, together with a financial forecast, aims to provide the reader with an understanding of West Basin’s operations.

2021-2022 Operating Budget

As part of the annual budgeting process for the new fiscal year, West Basin holds workshops in advance of the adopting a budget. This year, budget adoption is anticipated at the June 2022 Board meeting. The Fiscal Year 2022-2023 will begin on July 1, 2022 and runs through June 30, 2023.

Fiscal Year 22-23 Budget Workshop Schedule:

• January 19 – Budget Calendar and Priorities
• February 23 – Memberships and Sponsorships & Labor and Benefits
• March Program Budget Workshops
  • March  9 10am – FY 2022-2023 Program Budgets: Recycled Water Operations and Technical Planning
  • March 10 10am – FY 2022-2023 Program Budgets:  Public Information and Education and Water Use Efficiency
  • March 16 10am – FY 2022-22023 Program Budgets:  Water Policy and Resource Management and Overhead
• April 6 – Water Sales
• April 13 – Revenues and Expenses
• April 20 1pm – Capital Projects and Funding (date has been revised per direction of the board)
• April 27 – Long Range Financial Plan
• April 28 – Customer Agency Workshop
• May – Review draft budget and Rates & Charges resolution
• June – Adopt Budget