BOARD AGENDA MEMORANDUM
SUBJECT:
Title
Approval of San Francisquito Creek Joint Powers Authority (JPA) Budget for the Fiscal Year (FY) 2017-2018 and Authorization of the District's FY 2017-2018 Financial Contribution of $152,000 to the JPA.
End
RECOMMENDATION:
Recommendation
A. Approve the San Francisquito Creek JPA FY 2017-2018 Operating Budget; and
B. Authorize the District's FY 2017-2018 financial contribution to the JPA in the amount of $152,000.
Body
SUMMARY:
The District, along with five other public agencies, is a member of the San Francisquito Joint Powers Authority. The San Francisquito Creek JPA is funded by equal contributions from the member agencies and the JPA's annual fiscal year budget is subject to each agency's approval. In 1999, Cities of East Palo Alto, Menlo Park, Palo Alto, and San Mateo County Flood Control District joined with the Santa Clara Valley Water District to establish the San Francisquito Creek Joint Powers Authority to provide an environmentally sensitive, long-term watershed plan to enhance flood protection from the San Francisquito Creek. Since then, the JPA's major focus has been working with the member agencies and U.S. Army Corps of Engineers (USACE) to implement a flood protection project.
On April 27, 2017, the Board of Directors of the JPA unanimously adopted the FY 2017-2018 budget identifying revenues of $941,200, which includes operating revenues from State grants, interest earned, and an equal contribution of $152,000 by each Member Agency. The contribution by each Member Agency has not increased from last fiscal year's amount. Approval of the agenda recommendations will allow the District to pay the FY2017-2018 annual contribution of $152,000 to the JPA.
FINANCIAL IMPACT:
The District contribution as a Member Agency for FY2018 is $152,000. Adequate funds have been budgeted in FY2018 for this expenditure and are available in San Francisquito Creek San Francisco Bay through Searsville Dam Project N...
Click here for full text