Title
Adopt a Resolution to:
a. Authorize the Auditor-Controller to amend the Water Resources Agency FY 2017-18 Budget to include the projected costs of repair and maintenance of the Castroville Seawater Intrusion Project (CSIP) Fund 131, and the Salinas River Diversion Facility (SRD) Fund 134; and
b. Authorize the Auditor-Controller to amend the Agency’s FY 2017-18 Budget for Fund 131 CSIP (131-9300-8267-WRA020-6613) by increasing appropriations in the amount of $100,000 financed by unassigned fund balance in Fund 131 with BSA 3101 (4/5 vote requried); and
c. Authorize the Auditor-Controller to amend the Agency’s FY 2017-18 Budget for Fund 134 SRDF (134-9300-8267-WRA028-6613) by increasing appropriations in the amount of $210,000 financed by unassigned fund balance in Fund 134 with BSA 3101 (4/5 vote required).
Report
RECOMMENDATION:
It is recommended that the Monterey County Water Resources Agency Board of Supervisors:
Adopt a Resolution to:
a. Authorize the Auditor-Controller to amend the Water Resources Agency FY 2017-18 Budget to include the projected costs of repair and maintenance of the Castroville Seawater Intrusion Project (CSIP) Fund 131, the Salinas Valley Reclamation Project (SVRP) Fund 132, and the Salinas River Diversion Facility (SRD) Fund 134; and
b. Authorize the Auditor-Controller to amend the Agency’s FY 2017-18 Budget for Fund 131 CSIP (131-9300-8267-WRA020-6613) by increasing appropriations in the amount of $100,000 financed by unassigned fund balance in Fund 131 with BSA 3101 (4/5 vote required); and
c. Authorize the Auditor-Controller to amend the Agency’s FY 2017-18 Budget for Fund 134 SRDF (134-9300-8267-WRA028-6613) by increasing appropriations in the amount of $210,000 financed by unassigned fund balance in Fund 134 with BSA 3101 (4/5 vote required).
SUMMARY/DISCUSSION:
Monterey County Water Resources Agency manages the Castroville Seawater Intrusion Project (CSIP), and the Salinas River Diversion Facility. The Agency has identified $310,000 in unbudgeted repairs has been identified as a priority for FY 2017/18. The cost of the unfunded maintenance identified as being needed for this year by fund is:
• Fund 131 (CSIP)-$100,000
• Fund 134 (SRDF)- $210,000
Cost estimates for maintenance and project improvements have also been identified for fiscal year 2018-19. The projects and maintenance proposed for FY2018/19 have been listed in attachment A, titled “CSIP, SVRP, SRDF Capital Maintenance & Improvement Plan”. The project costs of the proposed maintenance exceed the average annual maintenance expenditures for the CSIP, and SRDF projects and may require the use of fund balance.
OTHER AGENCY INVOLVEMENT:
Monterey One Water, formerly MRWPCA
FINANCING:
The Agency’s FY 2017-18 Adopted Budgets for Fund 131 - CSIP, and Fund 134- SRDF all have sufficient fund balances to support the increase in appropriations.
Prepared by: Mark Foxworthy, Associate Water Resource Engineer, (831) 755-4860
Approved by: ______________________________________________________
David E. Chardavoyne, General Manager, (831) 755-4843
Attachments:
1. Capital Improvement Plan
2. FY 2017-2018 Budget Rev. #2
3. Summary of 2017-2018 Budget Rev. #2