Investor Presentaiton
State Fiscal Year (SFY) 2025 Clean Water Budget Process (July 2023 - July 2024)
Updated September 18, 2023
Emergency Board meeting:
adopt SFY25 consensus
revenue forecast
Late July 2023
Agency of Administration
updates Clean Water Fund
Operating Statement;
revenue forecast informs
SFY25 budget targets
Early August 2023
Budget development work
and interagency
coordination in preparation
for October Board meeting
July-September 2023
Clean Water Board meeting:
review and approve SFY25
budget for public comment
October 9, 2023
Public comment period on
draft SFY25 budget via
public hearing and online
questionnaire
October 20-November 20,
2023
Public hearing: November 2,
2023
Prepare public comments
for Board review
Late November 2023
Clean Water Board meeting:
finalize SFY25 budget
recommendation based on
public comment
December 5, 2023
Board transmits final
SFY25 budget
recommendations to
Agency of Administration
Early December 2023
Agencies update SFY25
Clean Water Fund and
Capital Bill budget
language, if needed, to
align with Board's final
recommendation before
final submission to Agency
of Administration
Mid-December 2023
Governor's proposed SFY25
budget presented to the
Legislature
January 2024
Legislative review of SFY25
budget recommendation
January-April 2024
Emergency Board meeting:
update SFY25 consensus
revenue forecast
Late January 2024
Agency of Administration
updates Clean Water Fund
Operating Statement
Early February 2024
Clean Water Board meeting:
review SFY25 Governor's
recommended budget and
updated Clean Water Fund
Operating Statement
February 2024
Legislative authorization of
SFY25 budget
May 2024
State agencies receive
spending authority to
implement SFY25 budget
July 2024
Action of the Emergency Board
Action of the Administration/state agencies
Action of the Clean Water Board
Action of the Legislature
See Page 4 of Oct 9th meeting materials
Visit the Clean Water Board webpage for more information. Subscribe to the Clean Water Stakeholder
Listserv or visit the DEC Calendar to be notified of upcoming Clean Water Board meetings.View entire presentation