TO: Board of Supervisors
FROM: Tracy Schulze - Auditor Controller
REPORT BY: Tracy Schulze - Auditor Controller
SUBJECT: Napa County Community Facilities District 2012-1 Fiscal Year 2024-25 Budget Adoption
RECOMMENDATION
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Adopt a Resolution of the fiscal year 2024-25 recommended budget for Napa County Community Facilities District 2012-1 for the Milliken-Sarco-Tulocay Recycled Water Line Project. (Fiscal Impact: Revenues of $478,876, Expenditures of $575,726; Mandatory)
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BACKGROUND
The Governing Board of the Napa County Community Facilities District 2012-1 (CFD 2012-1) opened a public hearing for the fiscal year 2024-25 budget on June 11, 2024. This item has been prepared by the Auditor-Controller's Office based on the Board's actions taken during the public hearing and is presented as the basis for the adoption of the budget resolution.
FISCAL & STRATEGIC PLAN IMPACT
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Is there a Fiscal Impact? |
Yes |
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Is it currently budgeted? |
No |
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Is it Mandatory or Discretionary? |
Mandatory |
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Is the general fund affected? |
No |
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Future fiscal impact: |
Establishes the budget authority for fiscal year 2024-25 |
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Consequences if not approved: |
Without budget adoption, CFD 2012-1 will not have spending authority in fiscal year 2024-25 and would default on their State loan repayment. |
ENVIRONMENTAL IMPACT
ENVIRONMENTAL DETERMINATION: The Napa County Board of Supervisors, acting as a responsible agency pursuant to the California Environmental Quality Act (CEQA) and State CEQA Guidelines, Section 15096, has considered the environmental effects of the Project both in a comprehensive Environmental Impact Report (EIR) - in December 2009 - and in a subsequent Addendum (November 2013). The Federal (NEPA) aspect of this Project has also been addressed - through both documents - and has been certified by the North Bay Water Reuse Authority - of which both the County and NSD are members - and its lead agency, the Sonoma County Water Agency.