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Fiscal Year 2005 budget and Fiscal Year 2004 revisions
September 2003 | document 2003-12 (replaces
draft 2003-5)
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PDF)
Summary
In 1997, the Council entered into a budget limitation agreement with
Bonneville that resulted in approximately $5 million of savings. Actions
taken to accomplish these savings included reductions in force,
elimination of vacant FTEs, reducing travel costs, slashing contract
funding, cutting administrative costs and curtailing lower-priority
activities.
In the current rate period, the Council again made a commitment to
exercise fiscal restraint in developing its budget. In light of
Bonneville's financial condition, the Council agreed to submit current
level of service budgets capped at 2 percent growth. This will save
another $1.1 million over the rate period. Additionally, we are freezing
the number of FTEs in the Council budget while continuing to undertake
additional work and responsibilities in the region, particularly in fish
and wildlife recovery efforts.
These proposed budgets reflect current levels for staffing and
contracting. The Council's Fiscal Year 2004 revised budget of $8,499,000
is $6,000 higher (0.08%) than the current year 2003 budget of $8,493,000.
The proposed Fiscal Year 2005 budget of $8,689,000 is $190,000 higher
(2.2%) than the revised Fiscal Year 2004 budget, reflecting personal
services, cost-of-living adjustments and inflationary increases in the
Council's other operating expenses, and office rent.
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