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Chief Administrative Office recommending the Board:
1) Direct staff to utilize the recommended budgeting plan for the El Dorado Sacramento Municipal Utility District (SMUD) Cooperative Agreement Special Revenue Fund;
2) Approve a budget transfer increasing the payment to the Georgetown Divide Public Utility District by $1,433 to reach the 9/59ths of the SMUD payment outlined in the Georgetown Divide Public Utility District Transition Agreement approved by the Board on March 3, 2009 (4/5 vote required); and
3) Direct the Parks Manager and Parks Commission to present recommendations to the Chief Administrative Office on how to utilize SMUD funding provided for parks purposes during the annual budget process.
FUNDING: El Dorado - SMUD Cooperation Agreement Special Revenue Fund.
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DISCUSSION / BACKGROUND
On February 11, 2020, with Legistar item 20-0192, the Board received a presentation from El Dorado County departments receiving funding from the El Dorado - Sacramento Municipal Utility District (SMUD) Cooperation Agreement Special Revenue Fund (SMUD Fund). After the presentations, the Board directed that staff return to the Board in October/November 2020 with the results of the Economic Impact Study for further direction with regards to the SMUD Fund.
Due to the Coronavirus pandemic that emerged in March 2020, the Coloma Lotus Economic Impact Study has been delayed to 2021. All stakeholders agreed to delay the impact study so that it would be done once tourism returns to normal levels during the peak summer season. Staff, in meeting with departments and reviewing the El Dorado SMUD Cooperative Agreement, has developed the following budgeting plan for SMUD Funds that will address the community’s and Board’s feedback provided during the February 2020 presentation.
As outlined in section 4.4 of the El Dorado - SMUD Cooperation Agreement, the annual SMUD payment funds are to be utilized “for purposes of road maintenance, watershed management, and other m...
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