CENTRAL COAST BLUE
REGIONAL RECYCLED WATER AUTHORITY
BOARD OF DIRECTORS STAFF REPORT
Agenda Item #3.A
Meeting Date: June 23, 2025
TITLE:
Budget for Fiscal Year 2026: July 1, 2025 through June 30, 2026 RECOMMENDATION:
Adopt a Resolution adopting the Fiscal Year 2026 Budget for the Central Coast Blue Regional Recycled Water Authority.
DISCUSSION:
The Joint Exercise of Powers Agreement establishing the Central Coast Blue Regional Recycled Water Authority (Authority) includes provisions governing the Authority’s annual budget. Specifically, Section 6.2.1 of the Agreement requires that, prior to July 1 of each year, the Authority Board adopt a final budget covering all anticipated expenditures for the upcoming fiscal year.
For Fiscal Year 2026, the Authority’s proposed budget includes projected rental revenue of up to $22,200 from the lease of the 980 Huber Lane property as well as interest earnings. These revenues are allocated 33% to the Authority’s Water Fund and 67% to the Wastewater Fund, consistent with the allocation of the Central Coast Blue project for the City of Pismo Beach.
Additionally, the proposed budget includes $20,000 in professional services for operational and administrative expenses. These expenses are similarly allocated 33% to the Authority’s Water Fund and 67% to the Wastewater Fund.
The City of Pismo Beach and the Pismo Beach Public Financing Agency are the benefitting member agencies of the Authority. As such, the City of Pismo Beach will bear the majority of the Authority’s costs.
Conclusion and Recommendation
Staff recommends that the Board of Directors adopt a Resolution (Attachment 1) adopting the Fiscal Year 2026 Budget for the Central Coast Blue Regional Recycled Water Authority.
FISCAL IMPACT:
The fiscal impact of adopting the attached resolution is appropriating the total revenues and expenditures for FY 2026 reflected in Table 1.
Council Agenda 6-23-2025 3.A-1
Table 1: FY 2026 Revenue and Expenditure Appropriations ATTACHMENTS:
1. Resolution
Submitted by: Nadia Feeser, Treasurer
General Manager Approval:
Fund Type Account FY 2026 Budget
Water Central Coast Blue JPA Revenues Interest 488$
Other Rents & Leases 7,326
Revenues Total 7,814
Expenditures Professional Services 6,600
Expenditures Total 6,600
Net Operating Surplus 1,214$
WW Ce ntral Coast Blue JPA Revenues Interest 1,185$
Other Rents & Leases 14,874
Revenues Total 16,059
Expenditures Professional Services 13,400
Exp Total 13,400
Net Operating Surplus 2,659$
Council Agenda 6-23-2025 3.A-2
RESOLUTION NO. JPA-R-2025-XXX
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE CENTRAL COAST
BLUE REGIONAL RECYCLED WATER AUTHORITY ADOPTING THE FISCAL YEAR 2026 BUDGET
WHEREAS, the Joint Exercise of Powers Agreement establishing the Central Coast Blue Regional Recycled Water Authority (Authority) includes provisions governing the Authority’s annual budget; and
WHEREAS, section 6.2.1 of the Agreement requires that, prior to July 1 of each year, the Authority Board adopt a final budget covering all anticipated expenditures for the upcoming fiscal year; and
WHEREAS, for Fiscal Year 2026, the Authority’s proposed budget includes projected rental revenue of up to $22,200 from the lease of the 980 Huber Lane property as well as interest earnings, which are allocated 33% to the Authority’s Water Fund and 67% to the Wastewater Fund; and
WHEREAS, the proposed budget includes $20,000 in professional services for operational and administrative expenses, which are similarly allocated 33% to the Authority’s Water Fund and 67% to the Wastewater Fund; and WHEREAS, the Board desires to have a fiscal plan for the Central Coast Blue Regional Recycled Water Authority in order for the Authority to operate during Fiscal Year 2026.
NOW, THEREFORE, BE IT RESOLVED that the Board of Directors of the Central Coast Blue Regional Recycled Water Authority does hereby adopt a budget for Fiscal Year 2026, as detailed in the table below.
UPON MOTION OF Board Member , seconded by Board Member , the foregoing resolution was adopted by the Board of Directors of the Central Coast Blue Regional Recycled Water Authority this 23rd day of June 2025, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
Fund Type FY 2026 Budget
Water Central Coast Blue JPA Revenues 7,814$
Expenditures 6,600
WW Central Coast Blue JPA Revenues 16,059$
Expenditures 13,400
Council Agenda 6-23-2025 3.A-3
Attachment 1
RECUSED:
Approved: Attest:
________________________ ________________________
Ed Waage, Chair Erica Inderlied, Secretary
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the Central Coast Blue Regional Recycled Water Authority, on _______________________. ________________________
Erica Inderlied, Secretary
Council Agenda 6-23-2025 3.A-4
Attachment 1