To: Board of Supervisors
From: John Kopchik, Director, Conservation and Development
Report Title: Keller Canyon Mitigation Fund FY 2024/25 & FY 2025/26 Allocation Plan
?Recommendation of the County Administrator ? Recommendation of Board Committee
RECOMMENDATIONS:
1. APPROVE the Fiscal Year 2024/25 and Fiscal Year 2025/26 Keller Canyon Mitigation Fund (KCMF) allocation plan, in the amount of $3,911,139, for 138 specified projects as indicated in Exhibit A, as recommended by the KCMF Review Committee.
2. APPROVE the rollover of unexpended KCMF awards, in the amount of $496,448, for 59 specified projects that were previously approved for Prior Year 2022/23 and 2023/24 as indicated in Exhibit B to provide more time to complete the projects, as recommended by the KCMF Review Committee.
3. AUTHORIZE the Department of Conservation and Development (DCD) Director, or designee, to execute memoranda of understanding with the tax-exempt organizations and public agencies, as specified in Exhibit A for the period July 1, 2024 through June 30, 2026.
FISCAL IMPACT:
100% Keller Canyon Landfill Mitigation Funds, a special purpose fund dating from 1992. The FY 2024/25 and FY 2025/26 KCMF allocation plan is consistent with the latest KCMF policies adopted by the Board of Supervisors on May 24, 2011, including: (1) the projected FY 2024/25 revenue amount is based on the revenue trend over the last ten years; (2) staff has considered any anticipated changes in the amount of waste expected to be deposited at the Keller landfill site during the year; (3) the projected revenue amount has been reduced by 20% to minimize the likelihood that proposed expenditures will exceed actual revenue. The amount proposed to be allocated is less than the sum of both the previous year's ending fund balance ($3,304,411) and 80% of the projected revenues for FY 2024/25 ($2,196,595) and is therefore consistent with KCMF policies regarding expenditure limits (e.g., Policy IIG; see additional detail b...
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