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Automated Metering Infrastructure Project <br />March 19, 2024 <br />Page 2 <br />4 <br />1 <br />1 <br />0 <br />other system information to both the utility and the customer. Additional components of <br />the AMI Project were the installation of communications equipment to receive water <br />system data, billing software system upgrades, and other software integrations to allow <br />for full utilization of available water data. <br />Finding cost-effective solutions to maintain and improve the City’s water system <br />infrastructure is a priority for the Division. To date, the Division has been awarded <br />$1,500,000 in grant funds from the Federal Bureau of Reclamation, $4,000,000 in grant <br />funds from the California State Natural Resources Agency, and a $10,117,365 low- <br />interest loan from the California State Water Resources Control Board for the AMI <br />Project. While the Division pursues additional funding mechanisms, additional funds are <br />needed to continue moving the project forward. The approval of the recommended <br />action will transfer $4,500,000 in funds previously appropriated to other Water <br />Resources Division projects in order to meet current needs (Exhibit 1). <br />FISCAL IMPACT <br />Funds for this action have been transferred from previously-approved funds for the SA-2 <br />Vault Improvements (Project No. 19-6496; $300,000), Fisher Park Neighborhood Water <br />Improvements (Project No. 19-6429; $700,000), and SA-1 Hydrogenerator Upgrade <br />(Project No. 21-6462; $650,000). To continue with the delivery with these and other <br />water capital improvement projects, staff is exploring water bond debt financing options. <br />Approval of the requested Appropriation Adjustment will transfer $1,300,000 from Water <br />Utility Production & Supply, Miscellaneous Operating Expenses account (No. <br />06017640-63001) and $1,550,000 in Water Meter Services, Contract Services – <br />Professional account (No. 06017646-62300), to the Acquisition & Construction, Water <br />Utility Capital Projects, Water Capital Project expenditure account (No. 06617647- <br />66301). <br />The following table summarizes the funds budgeted and available for expenditure to <br />deliver this project. Any remaining balances not expended at the end of the current <br />fiscal year will be presented to the City Council for approval to carry forward to FY 2024- <br />25. <br /> <br />Fiscal <br />Year <br />Accounting Unit- <br />Account # <br />Fund <br />Description <br />Accounting Unit, Account <br />Description <br />Amount <br />Appropriation Adjustments <br />2023-24 06617647-66301 <br />(16-6460) <br />Acquisition & <br />Construction <br />Water Utility Capital <br />Projects, Water Capital <br />Project <br />$2,850,000 <br />Previously Approved Transfer