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C. 89
To: Board of Supervisors
From: John Kopchik, Director, Conservation & Development Department
Date: December  15, 2020
The Seal of Contra Costa County, CA
Contra
Costa
County
Subject: FY 2019/20 Year-End Report on the Keller Canyon Mitigation Fund

APPROVE OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE

Contact: Daniel Davis (925) 674-7886
I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown.
ATTESTED:     December  15, 2020
David Twa,
 
BY: , Deputy

 

RECOMMENDATION(S):

ACCEPT the fiscal year 2019/20 Keller Canyon Mitigation Fund (KCMF) Year-End Report.

FISCAL IMPACT:

No fiscal impact. This is an informational report. The fund balance in the KCMF account at the end of FY 2019/20 was $1,184,951. That amount was carried forward to FY 2020/21.

BACKGROUND:

Pursuant to Section II.E. of the Keller Canyon Mitigation Fund (KCMF) Policy, a report on the use of KCMF funds in the previous year shall be presented to the Board of Supervisors each year. At a minimum, the report shall describe the revenue received during the year, the amount allocated and spent by each grantee, and whether or not the grantee achieved the required outcome(s) during the year.  
  





BACKGROUND: (CONT'D)
During FY 2019/20, the KCMF received a total of $1,345,596, which is $13,594 more than what was anticipated. Additionally, the KCMF account had a fund balance at the end of the previous year (FY 2018/19) of $771,773 that was available to allocate in FY 2019/20. A total of $932,418 was expended on 81 programs/projects/initiatives during the year. Revenue and expenses are summarized in the table on page 2.
  
  
FY 2019/20 Revenue & Expenses
FY 2018/19 Year End Fund Balance $771,773
FY 2019/20 Actual Revenue 1,345,596
Total Available $2,117,369
FY 2018/19 Correction 0
FY 2019/20 Actual Expenses (932,418)
Total Expenditures $(932,418)
FY 2019/20 Year End Fund Balance $1,184,951
  
The attached spreadsheet shows the programs/projects/initiatives that were funded in FY 2019/20, the amount allocated, the amount spent, and whether or not the project sponsor met the objective(s)

CONSEQUENCE OF NEGATIVE ACTION:

Staff is required to report on the FY 2019/20 KCMF program at the end of each fiscal year. If the report is not accepted, this programmatic requirement will not be met.

CHILDREN'S IMPACT STATEMENT:

The funded projects support at least one of the five community outcomes established in the Children's Report Card.

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