11b. Memo

2024 Budget Development Briefing

COMMISSION 
AGENDA MEMORANDUM                        Item No.          11b 
BRIEFING ITEM                            Date of Meeting        July 25, 2023 
DATE:     July 6, 2023 
TO:        Stephen P. Metruck, Executive Director 
FROM:    Dan Thomas, Chief Financial Officer 
Michael Tong, Director, Corporate Budget 
SUBJECT:  2024 Budget Development Briefing 
EXECUTIVE SUMMARY 
The purpose of this briefing is to provide the Commission and the public a preview of the budget
development. Staff would also like to seek the Commission’s feedback on the guidance on
preparation of the 2024 budget. 
This is one of a series of budget briefings to the Commission starting from July prior to the formal
Commission reviews and approvals of the 2024 budget from September to November. 
ATTACHMENTS TO THIS BRIEFING 
(1)   Presentation slides 
PREVIOUS COMMISSION ACTIONS OR BRIEFINGS 
June 29, 2023 – Commission Budget Retreat 







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