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HomeMy WebLinkAboutStaff Report 1499City of Palo Alto (ID # 1499) City Council Informational Report Report Type: Informational Report Meeting Date: 3/21/2011 March 21, 2011 Page 1 of 1 (ID # 1499) Council Priority: City Finances Title: Storm Drain Oversight Committee Memo to Council Subject: Storm Drain Oversight Committee Findings Memo Regarding FY2010 Storm Drainage Fund Expenditures From:City Manager Lead Department: Public Works Background In conformance with the Storm Drainage Fee ballot measure approved by property owners in 2005, the Council-appointed Storm Drain Oversight Committee (Committee) meets each year to review the Storm Drainage Fund expenditures in order to assure that the revenue generated by the Storm Drainage Fee increase is spent in accordance with the approved ballot measure. The Committee’s findings memo for FY2010 is attached for submittal to Council. Discussion As discussed in the attached memo, the Committee met on March 2, 2011, to review the Storm Drainage Fund expenditures for FY2010. Following a presentation by staff regarding the revenue and expenditures for the year, the Committee voted to submit the attached memo to Council, which supports a finding that the Storm Drainage Fund expenditures for FY 2010 were compatible with the approved ballot measure. Attachments: ·3-2-11 Storm Drain Oversight Committee findings memo (PDF) Prepared By:Joe Teresi, Senior Engineer Department Head:J. Michael Sartor, Interim Director City Manager Approval: James Keene, City Manager Storm Drain Oversight Committee MEMORANDUM Date: March 2, 2011 To: Honorable City Council From: Members of the Storm Drain Oversight Committee Subject: Review of FY 2009-10 Storm Drainage Fund Expenditures As directed by the City Council, we have reviewed the Storm Drainage Fund’s expenditures for fiscal year 2009-10. Specifically, we have reviewed the expenditure of the revenue generated by the increased Storm Drainage Fee and compared it with the provisions of the Storm Drainage Fee increase approved by Palo Alto property owners in 2005. Based on this review, we find that the Storm Drainage Fund’s use of the increased revenue is compatible with the approved ballot measure (including $667,329 which was used for storm drain operational expenses previously covered by the General Fund subsidy). The Committee met on March 2, 2011 to review the FY 2009-10 Storm Drainage Fund expenditures. During its meeting, the Committee reviewed financial information provided by staff, including the attached matrix detailing revenue generated by the Storm Drainage Fee increase and corresponding expenditures for FY 2009-10. The financial information was prepared and verified by Public Works and Administrative Services Department staff, using existing documentation whenever possible. Helpful information was presented regarding the possible use of Innovative Storm Drain Improvement funds for drainage projects in the Southgate neighborhood, and the Committee felt strongly that this idea merits attention in 2010- 11. Based upon our review of the financial materials provided to us, we find that the attached document labeled “Summary of Use of Storm Drainage Fee Increase for FY 2009-10” accurately summarizes the use of the revenue generated by the increased Storm Drainage Fee for FY 2009- 10 and that the expenditures are compatible with the provisions of the Storm Drainage Fee increase ballot measure approved by Palo Alto property owners in 2005. Attachment cc: Jim Keene Pam Antil Mike Sartor Phil Bobel Lalo Perez Summary of Use of Storm Drainage Fee Increase for FY 2009-10 Line Item Storm Drainage Fees Carryover Expended Committed by Contract Remaining Appropriation Total Use of Funds Fee Increase Revenue SD Fee Increase $3,265,050 Capital Improvements and Program Enhancements A. One-time SD CIP Projects San Francisquito Creek Pump Station $404,696 $286,714 $62,937 $55,045 $404,696 Channing/Lincoln Storm Drain $0 $1,230 $0 $818,770 $820,000 Southgate Neighborhood Storm Drains $0 $0 $0 $0 $0 Gailen/Bibbits SD Improvements $0 $0 $0 $0 $0 Clara Drive SD Improvements $0 $0 $0 $0 $0 Matadero Creek Pump Station & Trunks $0 $0 $0 $0 $0 Alma Street SD Improvements $784,859 $608,608 $38,005 $138,246 $784,859 B. Enhanced Maintenance SD Replacement/Rehabilitation CIP $593,089 $23,664 $429,098 $690,327 $1,143,089 Augmented SD Maintenance $12,767 $0 $0 $12,767 C. Innovative SD Projects $510,095 $17,376 $0 $629,719 $647,095 D. Augmented Storm Water Quality $89,179 $0 $0 $89,179 E. New CIP Engineer $68,150 $0 $0 $68,150 F. General Fund Loan Repayment $646,873 $0 $0 $646,873 SUBTOTALS $3,265,050 $2,292,739 $1,754,560 $530,040 $2,332,107 $4,616,707 To Storm Drainage Fund Reserves $273,753 Other storm drain expenses previously covered by General Fund subsidy $667,329 TOTALS $5,557,789 $5,557,789 Revenue Expenditures Prepared for the Storm Drain Oversight Committee by Joe Teresi and Tatiana Pham February 25, 2011