File #: WRAG 18-075    Name: COLA Zone 2C
Type: WR General Agenda Status: Agenda Ready
File created: 4/9/2018 In control: Water Resources Agency Board of Directors
On agenda: 4/16/2018 Final action:
Title: Consider approving and recommending that the Monterey County Water Resources Agency Board of Supervisors: a. Approve and adopt a FY 2018-19 cost of living adjustment (COLA) charge of 3.6% for Zone 2C Operations and Maintenance of Nacimiento and San Antonio Dams, and Administration; and b. Set and hold a Public Hearing date on June 5, 2018 @ 1:30 PM to consider adopting assessment rate charges with a 3.6% increase for Zone 2C Operations and Maintenance of Nacimiento and San Antonio Dams, and Administration; and c. Direct the Clerk of the Board to publish a hearing notice in the CALIFORNIAN at least ten (10) days prior to the date set for the hearing.
Attachments: 1. Board Report, 2. Public Hearing Notice Zone 2C, 3. Board Order, 4. Resolution
Title
Consider approving and recommending that the Monterey County Water Resources Agency Board of Supervisors:
a. Approve and adopt a FY 2018-19 cost of living adjustment (COLA) charge of 3.6% for Zone 2C Operations and Maintenance of Nacimiento and San Antonio Dams, and Administration; and
b. Set and hold a Public Hearing date on June 5, 2018 @ 1:30 PM to consider adopting assessment rate charges with a 3.6% increase for Zone 2C Operations and Maintenance of Nacimiento and San Antonio Dams, and Administration; and
c. Direct the Clerk of the Board to publish a hearing notice in the CALIFORNIAN at least ten (10) days prior to the date set for the hearing.
Report
RECOMMENDATION:
It is recommended that the Monterey County Water Resources Agency Board of Directors:

Approve and recommend that the Monterey County Water Resources Agency Board of Supervisors:
a. Adopt a cost of living adjustment (COLA) charge of 3.6% for Zone 2C Operations and Maintenance of Nacimiento and San Antonio Dams, and Administration; and
b. Set and hold a Public Hearing date on June 5, 2018 @ 1:30 PM to consider adopting assessment rate charges with a 3.6% increase for Zone 2C Operations and Maintenance of Nacimiento and San Antonio Dams, and Administration; and
c. Direct the Clerk of the Board to publish a hearing notice in the CALIFORNIAN at least ten (10) days prior to the date set for the hearing.

SUMMARY/DISCUSSION:
This report reflects the recently published 2018 Cost of Living Adjustment (COLA) of 3.6% for Zone 2C Operations and Maintenance and Administration (O&M). Ordinance No. 4203 governs Zone 2C assessments which the electorate of the Agency's Zone 2C approved for the Salinas Valley Water Project (SVWP).

The Agency utilizes approximately $200,000 annually of Fund 116 unassigned fund balances to cover O&M expenditures. In FY 2016-17 the Board of Director's approved the Agency's request to set aside an annual amount of $105,000 from Zone 2C Fund 116 unassigned fund balan...

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