Title
Consider recommending that the Monterey County Water Resources Agency (MCWRA) Board of Supervisors approve and authorize the Auditor-Controller to, to pay for emergency protective measure projects mitigating damage to Agency facilities caused by the 2022/2023 winter storm events:
a. Increase Fiscal Year (FY) 2022-23 appropriations and revenues in the MCWRA Budget Fund 111, Appropriation WRA001, Unit 8267 by $2,500,000, which will be financed by the Monterey County Strategic Reserve Fund; and
b. Increase FY 2022-23 appropriations and revenues in the MCWRA Budget Fund 116, Appropriation WRA006, Unit 8485 by $2,500,000, which will be financed by the Monterey County Strategic Reserve Fund; and
c. Increase FY 2022-23 appropriations and revenues in the MCWRA Budget Fund 112, Appropriation WRA002, Unit 8484 by $900,000, which will be financed by the Monterey County Strategic Reserve Fund.
Report
RECOMMENDATION:
It is recommended that the Finance Committee:
Consider recommending that the Monterey County Water Resources Agency (MCWRA) Board of Supervisors approve and authorize the Auditor-Controller to, to pay for emergency protective measure projects mitigating damage to Agency facilities caused by the 2022/2023 winter storm events:
a. Increase Fiscal Year (FY) 2022-23 appropriations and revenues in the MCWRA Budget Fund 111, Appropriation WRA001, Unit 8267 by $2,500,000, which will be financed by the Monterey County Strategic Reserve Fund; and
b. Increase FY 2022-23 appropriations and revenues in the MCWRA Budget Fund 116, Appropriation WRA006, Unit 8485 by $2,500,000, which will be financed by the Monterey County Strategic Reserve Fund; and
c. Increase FY 2022-23 appropriations and revenues in the MCWRA Budget Fund 112, Appropriation WRA002, Unit 8484 by $900,000, which will be financed by the Monterey County Strategic Reserve Fund.
SUMMARY/DISCUSSION:
An atmospheric river event commencing December 26, 2022 and continuing into Janu...
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