Title
a. Approve and recommend that the Monterey County Water Resources Agency Board of Supervisors approve Budget Amendment No. 2 for the Monterey County Water Resources Agency FY 2016-17 Adopted Budget to appropriate an allocation of $97,205 to Agency Funds: 116, 131, and 132, needed to pay for the revised scope of work on an approved FY 2015-16 agreement with Raftelis Financial Consultants, Inc. and appropriate an additional $20,000 in Fund 132 for increased interest on the Salinas Valley Reclamation (SVRP) Project loan;
b. Authorize the Auditor-Controller to amend the Monterey County Water Resources Agency FY 2016-17 Adopted Budget for Fund 116-ADM, WRA 006 to increase appropriation by $37,000 financed by unassigned fund balance (4/5th vote required);
c. Authorize the Auditor-Controller to amend the Monterey County Water Resources Agency FY 2016-17 Adopted Budget for Fund 131 CSIP O&M, WRA 020 to increase appropriation by $37,000 financed by unassigned fund balance (4/5th vote required); and,
d. Authorize the Auditor-Controller to amend the Monterey County Water Resources Agency FY 2016-17 Adopted Budget for Fund 132 SVRP O&M, WRA 021 to increase appropriations by $43,205 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. 2 for the Monterey County Water Resources Agency FY 2016-17 Budget to appropriate an allocation of $97,205 to Agency Funds: 116, 131, and 132, needed to pay for the revised scope of work on an approved FY 2015-16 agreement with Raftelis Financial Consultants, Inc. and appropriate an additional $20,000 in Fund 132 for increased interest on the Salinas Valley Reclamation (SVRP) Project loan;
b. Authorize the Auditor-Controller to amend the Monterey County Water Resources Agency FY 2016-17 Adopted Budget f...
Click here for full text