Key Dates

April/May
Workshop

Capital Workshop
5/14/2019

June/July
Workshop

O&M Workshop
7/23/2019

August
Workshops

Financial Model Workshop
8/20/2019

September
Formal Processes

Public Hearings on Proposed Budget
Budget Approval Prior to Oct. 1

Budgeting Process

Capital

O & M

Revenue & Power Cost

Budget Review / Adoption

Project Screening

O&M estimate submission

Set BPA Rates / Credits

Public Hearing #1

Project Prioritization

O&M Screening

Set Revenue Forecast

Budget Amendments

Project Selection

O&M Review

Set Net Power Cost

Public Hearing #2

Project Timeline

O&M Timeline

Evaluate use of cash / reserves

Budget Amendments

Project Funding Evaluation

O&M / Capital Roll-up

Finalize Draft Budget

Adopt Budget