This memo transmits the proposed FY2016/17 Agency Budget, which includes appropriations by the WMA, RB, and EC (Attachment A), totaling 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. A budget presentation will be made by staff at the joint meeting on April 27, 2016. Consideration of action on the WMA and EC parts of the budget is scheduled for May 25, and consideration of action on the RB part of the budget is scheduled for June 9.