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Diversion Authority finance committee approves final 2025 cash budget after staff presentation

2252845 · January 22, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The committee approved a final 2025 cash budget after a presentation summarizing revenue assumptions, WIFIA draws, legacy fund draws and schedule-driven changes; staff noted certain line-item shifts and the need to use some cash on hand.

The Diversion Authority Finance Committee on Jan. 22 approved the 2025 cash budget following a staff presentation that summarized revenues, legacy fund draws, WIFIA draws for the P3 and line-item changes carried forward from 2024.

Paul Barthol presented the final 2025 cash budget and highlighted several changes from prior versions. He said the figure presented in the slides was $424,055,689; during the motions and roll call the motion referenced $424,479,689. Barthol noted a roughly $3 million shift…

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