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