To: Board of Directors
From: Wendt Ranch Geological Hazard Abatement District
Report Title: Adopt Resolution No. 2026-01 to approve the FY26-27 Annual Budget and to update the GHAD Manager payment limit pursuant to the Consulting Services Agreement.
?Recommendation of the County Administrator ? Recommendation of Board Committee
RECOMMENDATIONS:
ADOPT Wendt Ranch GHAD Resolution No. 2026-01 adopting the GHAD budget for fiscal year 2026-27 and updating the GHAD Manager payment limit pursuant to the Consulting Services Agreement.
FISCAL IMPACT:
The GHAD is funded 100% through real property assessments levied on properties within the GHAD.
BACKGROUND:
On February 12, 2002, the Contra Costa County Board of Supervisors adopted Resolution 2002/59 approving the formation of the Wendt Ranch Geologic Hazard Abatement District ("GHAD") and appointed itself to serve as the GHAD Board of Directors. On July 15, 2005, the GHAD Board of Directors ("Board") adopted Resolution 2005/437 approving the annexation of the Alamo Creek and Monterosso developments into the GHAD. The most recent annexation occurred on August 3, 2021, with the Board's adoption of Resolution 2021/03, which approved the annexation of the Somerset development into the GHAD.
As part of the preparation for the GHAD's FY 2026/27 budget, the GHAD Manager reviewed the current GHAD reserves. The GHAD is ahead of its target rate of reserve accumulation forecast estimate in the approved 2002 and 2005 Engineer's Reports and 2008 Reserve Study for the Wendt Ranch, Alamo Creek, and Monterosso developments within the GHAD, therefore GHAD Staff is recommending an assessment levy less than the assessment limit for the Wendt Ranch, Alamo Creek, and Monterosso developments only for FY 2026/27, and prepared a budget that reflects a lower assessment levy for FY 2026/27.
Staff is providing this recommendation based on the following conditions.
? Unencumbered reserve funds collected from within the GHAD exceed the rate ...
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