22. (Recommended by Chief Financial Officer)
(Approved by General Manager and Chief Engineer)
Approval of Authorization to Increase the Incremental Rate Stabilization Account Target From $100 Million to $140 Million; to Increase the Current Incremental Rate Stabilization Account Balance From $100 Million to $140 Million; and to Restrict $40 Million in Cash to Match the Incremental Rate Stabilization Account.
Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).