Jovan Grogan
speaker
24,449 appearances
70 recordings
2 series
first heard Sep 2023
last heard 3d ago
Jovan Grogan’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 23 in all, peaking in Dec 2025 with 5.
Appearances
uh... by way of numbers the budget before you is one point seven billion dollars in activity this is across all our city funds and and from a government accounting standpoint by fund type here i just wanted to highlight our enterprise funds uh... primarily consisting of our uh... utilities one point two billion dollars in in activity uh... the debt uh... and other classification here that the up in the down uh... between fiscal years reflects timing of debt and and those uh...
annual payments and then third to note here on capital funds the higher number in the adopted budget but for the recommendation that will be before you on june 9th the the carryover of a portion of those capital funds those projects will be recommended as those projects continue beyond the fiscal year
So for the capital budget itself, this slide's been out in the public.
These are the buckets of Measure I dollars, the $400 million of GO bond authority that was approved by the voters across the different buckets.
As I mentioned, tranche one was issued earlier this year, and we are looking to issue over a three-phase process.
On this slide, just a reminder for those at home watching around the bond, it does include transparency and accountability and a process and guidelines to ensure that those funds are spent in accordance with the desires of our voters, and so listed here just for awareness.
As I mentioned earlier, the budget includes an allocation from our general fund capital projects reserve in key areas where there is no alternate funding source.
And a lot of these projects includes our city facilities, this city hall campus, as you can see, as systems fail or are in need of repairs, our historic facilities, dollars around,
progress for our ad a settlement to progress the the needs around that Transportation so just want to highlight 16 million dollars across a number of projects I know I had about six or seven slides last time going line by line, but I will Keep it high level in this presentation
As far as CIP investment by theme, our biennial budget totals $593 million, the largest of which in our electric utility over the two-year period, almost $400 million.
And I'll talk about those projects.
And then over a five-year capital planning period, $1.1 billion allocated here by theme area.
So in our electric utility theme area, $739 million over five years, several key activities related to our SVP utility.
The first I want to talk about is our CAISO planning process.
This is working with our state regulatory agency as they balance a load within the state across different electric utility
providers, we do work with them on an annual basis for projects that are required to kind of maintain that balance across the state.
And so this first project was a result of the last process.
It requires about $100 million investment in a transmission line into our northern receiving station.
The second project here, transmission loop, as our electric system grows, there's a need to balance throughout segments of our city.
And so depending on the load demand and types of businesses, these different loops needing improvements around the equipment, upgrades to equipment capacity.
Showing 841–860 of 24,449 · page 43 of 1223
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