Title
Consider recommending that the Monterey County Water Resources Agency Board of Directors recommend the Monterey County Water Resources Agency Board of Supervisors:
a. Approve and adopt the Fiscal Year (FY) 2026 cost-of-living adjustment (COLA) increase of 2.7% to the assessment charges of Zones 1, 1A, 2B, 2C, 2Y, 2Z, 8, 9, 12, and 17; and
b. Approve and adopt a FY26 COLA increase of 2.7% to the Zone 2B water service charge for the Salinas River Diversion Facility Project; and
c. Set and hold a public hearing on May 28, 2025, at 9:00 a.m. to consider approving and adopting the assessment rate charges; and
d. Direct the Clerk of the Board of Supervisors to publish a hearing notice once a week for two consecutive weeks prior to the date set for the hearing. (Staff Presenting: Nan Kim)
Report
RECOMMENDATION:
It is recommended that the Finance Committee recommend that the Monterey County Water Resources Agency Board of Directors recommend the Monterey County Water Resources Agency Board of Supervisors::
a. Approve and adopt the Fiscal Year (FY) 2026 cost-of-living adjustment (COLA) increase of 2.7% to the assessment charges of Zones 1, 1A, 2B, 2C, 2Y, 2Z, 8, 9, 12, and 17; and
b. Approve and adopt a FY26 COLA increase of 2.7% to the Zone 2B water service charge for the Salinas River Diversion Facility Project; and
c. Set and hold a public hearing on May 28, 2025, at 9:00 a.m. to consider approving and adopting the assessment rate charges; and
d. Direct the Clerk of the Board of Supervisors to publish a hearing notice once a week for two consecutive weeks prior to the date set for the hearing.
SUMMARY/DISCUSSION:
Assessments of Flood Zones: The Monterey County Water Resource Agency (“Agency”) ordinances governing Agency flood zones - Ordinance Nos. 2626, 2974, 3878, and 3881 were adopted to protect life and property and to minimize the impacts of flooding in Zones 1, 1A, 8, 9, 12 and 17. These ordinances specify that assessment rates for these ...
Click here for full text