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