DATE: January 31, 2017
TO: Board of Supervisors
SUBMITTED BY: Steven E. White, Director
Department of Public Works & Planning
SUBJECT: CSA 34 Budget Resolution
RECOMMENDED ACTION(S):
TITLE
Adopt Budget Resolution increasing the FY 2016-17 appropriations and estimated revenues for County Service Area 34-Millerton Org 9174 in the amount of $127,180 (4/5 vote)
REPORT
The Board's approval of the recommended action will increase the FY 2016-17 appropriations and estimated revenues by $127,180 in the County Service Area 34-Millerton Org 9174 to account for expenditures for the repair of an electrical failure to the Motor Control Center that services the Millerton Lake pumping system that occurred on August 22, 2016, using funds received from an insurance claim reimbursement for the repair completed on September 8, 2016.
ALTERNATIVE ACTION(S):
Staff has not identified any viable alternative. If the recommended action is not approved, CSA 34 will lack the needed appropriations to pay outstanding obligations.
FISCAL IMPACT:
There is no Net County Cost associated with the recommended action. Approval of the recommended action will increase the FY 2016-17 appropriations and estimated revenues by $127,180 in the County Service Area 34-Millerton Org 9174 to fund costs related to the electrical failure in the Millerton Lake pumping system, using funds received from an insurance claim reimbursement. All CSA 34 activities for the Millerton Lake pump ready-to-serve maintenance services are funded through assessments and interest earned on cash reserves for that special district.
DISCUSSION:
CSA 34 was formed in 1988 to provide various community services for the development of "Millerton New Town," which consists of 1,420 acres lying on the north and south sides of Millerton Road, to the south of Millerton Lake (see Exhibit A Map). Zone A of CSA 34 (CSA 34A) was formed in 1989 to provide community water and wastewater, street sweeping and street lighting service...
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