Title
a. Hold a public hearing to consider approving and adopting Fiscal Year 2026-27 (FY27) assessment charges with cost-of-living adjustment (FYCOLA) increase of 2.5% for Flood Zones 1, 1A, 8, 9, 12, and 17; and
b. Adopt resolutions approving the FY27 assessment charges with COLA increase of 2.5% for Flood Zones 1, 1A, 8, 9, 12, and 17.
Report
RECOMMENDATION:
It is recommended that the Monterey County Water Resources Agency Board of Supervisors:
a. Hold a public hearing to consider approving and adopting Fiscal Year 2026-27 (FY27) assessment charges with cost-of-living adjustment (COLA) increase of 2.5% for Flood Zones 1, 1A, 8, 9, 12, and 17; and
b. Adopt resolutions approving the FY27 assessment charges with COLA increase of 2.5% for Flood Zones 1, 1A, 8, 9, 12, and 17.
SUMMARY/DISCUSSION:
The Monterey County Water Resource Agency (“MCWRA”) ordinances that govern MCWRA flood zones are Ordinance Nos. 2626, 2974, 3878, and 3881 (“Ordinances”). These Ordinances were adopted for the main purposes of protecting life and property, and reducing the impact caused by flooding.
MCWRA requests a FY27 COLA increase of 2.5% to the assessments of MCWRA’s flood control benefit assessment zones below, based on the annual change in Consumer Price Index (CPI) February 2025 -February 2026 for the San Francisco, Oakland and San Jose urban area:
• Zones 1 & 1A - Pajaro River Fund 1502 (Fund 112 in CGI)
• Zone 8 - Soledad Storm Drain Fund 1504 (Fund 121 in CGI)
• Zone 9 - Reclamation Ditch Fund 1505 (Fund 122 in CGI)
• Zone 12 - San Lorenzo Creek Fund 1506 (Fund 124 in CGI)
• Zone 17 - Moro Cojo Slough Fund 1507 (Fund 127 in CGI)
The attached Summary Chart details the assessment rates of FY27 with 2.5% COLA increase from the rates of Fiscal Year 2025-26.
It is requested that the Water Resources Agency Board of Supervisors approve and adopt FY27 assessment rates as set forth in the Notices of Public Hearing relating to Zones 1, 1A, 8, 9, 12 and 17, all identified in the Public Notices. Notices of the public hearing have been published for two consecutive weeks in the Monterey County Weekly prior to the public hearing day.
OTHER AGENCY INVOLVEMENT:
At the April 20, 2026 meeting, the Monterey County Water Resources Agency Board of Directors recommended that the Monterey County Water Resources Agency Board of Supervisors approve and adopt a FY27 COLA increase of 2.5% for Flood Zones 1, 1A, 8, 9, 12, and 17.
FINANCING:
Estimated FY27 net revenue from the proposed 2.5% COLA increase to the Flood Control Benefit Assessment Zones is as follows:
Zones 1 & 1A - Pajaro River Fund 1502 (Fund 112 in CGI): $14,299
Zone 8 - Soledad Storm Drain Fund 1504 (Fund 121 in CGI): $2,276
Zone 9 - Reclamation Ditch Fund 1505 (Fund 122 in CGI): $36,023
Zone 12 - San Lorenzo Creek Fund 1506 (Fund 124 in CGI): $958
Zone 17 - Moro Cojo Slough Fund 1507 (Fund 127 in CGI): $2,737
Prepared by: Nan Kyung Kim, Finance Manager III (831) 755-4860
Approved by: Ara Azhderian, General Manager (831) 755-4860
Attachments:
Resolution Zones 1 and 1A
Resolution Zones 8, 9, 12
Resolution Zones 17
Presentation