The adopted FY16/17 budget totals approximately $38.4 million. The Agency’s core budget is similar to FY15/16 totaling $11.4 million. Estimated total year-end core fund balances and reserves amount to $20.3 million.  The budget presentation was well received with no requests for changes or revisions by the Boards.  The budget was adopted by the WMA and EC at their May 25, 2016 meeting, and by the RB at their meeting on June 9.