Approved Minutes — original pdf

Approved Minutes

Water and Wastewater Commission, Budget Committee Meeting Minutes May 20, 2020 Approved: June 24, 2020 WATER AND WASTEWATER COMMISSION BUDGET COMMITTEE MINUTES SPECIAL CALLED MEETING May 20, 2020 The Water and Wastewater Commission Budget Committee convened in a special called meeting on May 20, 2020 at 1:00pm via videoconferencing. Board Members in Attendance: Susan Turrieta (Chair), Travis Michel (Vice Chair), Jesse Penn, Grant Fisher, William Moriarty A. CALL TO ORDER The meeting was called to order at 1:07 p.m. by Chair Turrieta. B. APPROVAL OF MINUTES C. DISCUSSION ITEMS: Approval of the Draft Meeting Minutes of the May 30, 2019 Budget Committee Meeting was postponed allowing members more time to review the minutes – no minutes were approved. 1. FY 2019-2020 Budget vs. Actual Update 2. Austin Water Financial Forecast FY 2021-2025 3. 5-Year CIP Spending Plan FY 2021-2025 4. FY 2021 Budget Schedule Austin Water Assistant Director David Anders and staff presented FY 2019- 2020 budget vs. actual information and 5-year forecast projections on revenue, rate projections, transfers, program requirements, debt service requirements, and Austin Water’s 5-year CIP spending plan. D. VOTING ITEMS FROM COMMITTEE 1. Meeting Schedule E. FUTURE AGENDA ITEMS Committee discussed meeting during the last two weeks in June 2020. Staff will present updates on budget forecasts and projections as requested that reflects ongoing changes due to COVID-19. F. ADJOURN The meeting was adjourned at 2:30 p.m. by Chair Turrieta.