BOARD AGENDA MEMORANDUM
SUBJECT:
Title
Recommendation from Board Audit Committee to Receive and Discuss the Final Audit Report and Management Response for the Performance Audit of Lower Silver Creek Flood Protection Project, Agreement No. A3277G.
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RECOMMENDATION:
Recommendation
Receive and discuss a presentation of the final audit report and management response for the performance audit of the Lower Silver Creek Flood Protection Project, Agreement No. A3277G (Lower Silver Creek Flood Protection Performance Audit), from PMA Consultants.
Body
SUMMARY:
The Board Audit Committee (Committee) was established to assist the Board of Directors, consistent with direction from the full Board, to identify potential areas for audit and audit priorities, and to review, update, plan and coordinate execution of Board audits.
At the January 22, 2019, Board Audit Committee meeting, the Committee directed staff to have PMA Consultants present the final audit report and final management response for the Lower Silver Creek Flood Protection Performance Audit to the full Board. The final audit report is included in Attachment 1. The management response is included in Attachment 2.
Background
The Lower Silver Creek Flood Protection Project was identified in the 1986 Benefit Assessment Program and was enabled to protect the surrounding area by removing 3,800 parcels from the 1% floodplain and to improve stream habitat values. The Lake Cunningham Project was also necessary to provide 1% flood protection to areas along Lower Silver Creek. The federal sponsor is the United States Department of Agriculture (USDA), through its Natural Resources Conservation Service (NRCS). The NRCS was the lead agency in the development of the original 1983 Watershed Plan and the 1988 Alternative Analysis Plan Update. In 2000, the Santa Clara Valley Water District (District) initiated the Coyote Watershed Program to accelerate work in the Watershed which included the Lower Silver Creek Proj...
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