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FY 2025/26 Quarterly Budget Update
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Requested Action(s)
recommendation
This item is for informational purposes only. No further action is required.
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Financial Impact:
Background Information:
Attached is a spreadsheet providing a summary of first quarter revenues and expenditures as of September 23, 2025.
Income
The FY 2025/2026 budget utilizes the following revenue sources and is expected to result in a contingency of $43,854.83 (4.57%):
- Interest (440300) income is relative to federal interest rates. Pursuant to the guidance provided by the Tehama County Auditor-Controller for the purposes of budgeting interest income, interest revenue is predicted to yield approximately 2% for FY 2025/2026. The first quarter interest apportionment has not yet been posted.
- Gate Fees (461001), which are budgeted based on a flat monthly fee of $70,000 per month for FY 2025/2026, represent two months of gate fee revenues.
- Hazardous Waste Fees (461005) represents HHW business fees and donations made to the used oil collection facility (ABOPS) and Ag Oil Facility. The first quarter PaintCare reimbursement for our REAP paint reuse program has not yet been received.
- Miscellaneous Revenue (471120) generally includes grazing lease fees, and other small amounts of revenue. The first grazing lease payment has not yet been received.
- Interfund Revenue (461070) is reimbursed labor costs for grant-related work.
- Fund Balance Available (301900) income utilizes available funds from previous fiscal years as a funding source.
Expenses
Expenses are projected as described below.
- Salary/Wages (510100), PERS (510200), OASDI (510210), Group Insurance (510300), and Unemployment Insurance (510310) take into consideration normal step increases at anniversary dates, and potential recruitment of another employee.
- Pay in Lieu/Misc Payouts (51015) includes payment for accrued vacation or Personal Time Off.
- PERS Unfunded Liability and ADP Misc PERS Unfunded are the Agency’s portion of the PERS unfunded liability, currently at $48,469.14 for FY 2025/26, and an additional discretionary payment to pay down the unfunded PERS loan balance faster. The Agency has not yet made the annual ADP Misc PERS Unfunded payment.
- Workers Compensation (510400) rates increased slightly over FY 2024/25.
- Property, Crime, Liability, and Pollution Insurance (531500) includes payment of crime, liability and pollution coverage.
- Maintenance of Equipment (53170) includes typical maintenance of equipment.
- Maintenance Structures-Improvement of Grounds (53180) takes into consideration the cost of maintaining the fire suppression systems at the Agency’s two Household Hazardous Waste facilities.
- Membership and Dues (53200) includes membership to the Rural Counties’ Environmental Services Joint Powers Authority, Solid Waste Association of North America, and the Tehama County-Red Bluff Chamber of Commerce.
- Misc Expense (53210) is budgeted at $16,000. This expense account is utilized for Board per diem compensation for meeting attendance.
- Office Expense includes typical office supplies.
- Professional/Special Services (53230) is budgeted for $90,246. Expenses to be funded through current year gate fees include attorney fees, independent audit costs, use of personnel at the Tehama County Auditor-Controller’s office for various accounting services, an administrative fee pursuant to the agreement between the Agency and the County, engineering assistance to assess a new site for the Corning HHW facility, and janitorial services. Below is an itemized breakout of budgeted expenses:
|
|
FY 25/26 |
As of 9/22/25 |
|
Attorney Fees |
$15,000 |
$964.80 |
|
Accounting Services Agreement |
$10,000 |
$0.00 |
|
Administration Fees |
$24,246 |
$0.00 |
|
Audit |
$23,000 |
$0.00 |
|
Lawrence & Associates |
$10,000 |
$0.00 |
|
Miscellaneous |
$2,000 |
$0.00 |
|
Janitorial Services |
$6,000 |
$475.00 |
|
Total |
$90,246 |
$1,439.80 |
- Employee Travel/Training (53290) and Transportation (53291) is expected to remain the same for FY 2025/26 and includes typical travel, training, and fuel costs.
- Utilities (53300) reflects anticipated costs for PG&E, Hue & Cry, and fire alarm maintenance, monitoring and testing.
- Hazardous Waste Disposal (558007) is budgeted at $160,000. Total disposal costs are expected to increase this fiscal year due to the temporary events in Corning and may need to be adjusted at mid-year.
- Litter Abatement/Illegal Dumping funds illegal dumping on public roads outside of Baker and Plymire and also supports AB 109 illegal dumping clean-up costs in the community.
As of September 23, 2025, revenues exceed expenditures by $23,934.30. Income is 15.26% of projected revenue for the year. Expenditures are 13.38% of projected expenditures for the year. The retained earnings balance will be reported once received from the Tehama County Auditor-Controller.
Respectfully submitted,
Paul Freund