Approve West Orange County Water Board Fiscal Year 2024/25 Budget March 19, 2024
WOCWB
Joint Powers Authority that owns and operates OC-9 and OC-35 Water Transmission mains Five (5) member board – Mayor Gracey Van Der Mark and Mayor Pro Tem Pat Burns representing Huntington Beach Proportional share:
Huntington Beach (56.1%)
Garden Grove (4.2%)
Seal Beach (14.3%)
Westminster (25.4%)
Each Member Agency must approve the budget before the WOCWB as a whole can approve the budget in April
WOCWB FY 2024/25 Budget
FY 2024/25 Total WOCWB budget = $5,365,300
Operating Budget = $185,300
Debt Service = $480,000
Cathodic Protection Contribution = $1,000,000
Cathodic Protection-Construction = $3,700,000 (includes $1,000,000 in FY 23/24 plus $3,000,000 collected each of prior three years Huntington Beach share = $1,047,465 (56.1%)
WOCWB FY 2024/25 Budget
Budget presented at January 17, 2024 meeting
Requested each agency to approve before adoption by the Board at the April 17, 2024 meeting