Title
a. Approve and recommend that the Monterey County Water Resources Agency Board of Supervisors approve Budget Amendment No. 3 for the Monterey County Water Resources Agency FY 2016-17 Adopted Budget to appropriate $60,500 for additional unforeseen staff labor and consultant costs needed to complete an Interconnection Study required by Nacimiento Hydroelectric Project agreement, and perform maintenance work; and,
b. Authorize the Auditor-Controller to amend the Monterey County Water Resources Agency FY 2016-17 Adopted Budget for Fund 130 Hydroelectric O&M, WRA 022, to increase appropriations by $60,500 financed by unassigned fund balance. (4/5th vote required.)
Report
RECOMMENDATION:
It is recommended that the Monterey County Water Resources Agency Board of Directors:
a. Approve and recommend that the Monterey County Water Resources Agency Board of Supervisors approve Budget Amendment No. 3 for the Monterey County Water Resources Agency FY 2016-17 Adopted Budget to appropriate $60,500 for additional unforeseen staff labor and consultant costs needed to complete an Interconnection Study required by Nacimiento Hydroelectric Project agreement, and perform maintenance work; and,
b. Authorize the Auditor-Controller to amend the Monterey County Water Resources Agency FY 2016-17 Adopted Budget for Fund 130 Hydroelectric O&M, WRA 022, to increase appropriations by $60,500 financed by unassigned fund balance. (4/5th vote required.)
SUMMARY/DISCUSSION:
This Budget adjustment addresses three items that were mistakenly not included in the initial Operation and Maintenance planning for the Nacimiento Hydroelectric Project for fiscal year 2016-17:
(1) Operation of the Nacimiento Hydroelectric Project requires compliance be maintained with multiple agreements, including the Small Generator Interconnection Agreement between Pacific Gas and Electric Company and Monterey County Water Resources Agency (SGIA) dated July 2012. The SGIA governs conditions under which t...
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