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HomeMy WebLinkAboutStaff Report 7934 City of Palo Alto (ID # 7934) City Council Staff Report Report Type: Informational Report Meeting Date: 5/15/2017 City of Palo Alto Page 1 Council Priority: City Finances Summary Title: Storm Drain Oversight Committee Expenditure Review Title: Storm Drain Oversight Committee Review of FY2016 Storm Drainage Fund Expenditures From: City Manager Lead Department: Public Works Recommendation This is an informational report only and no Council action is required. Discussion The Council-appointed Storm Drain Oversight Committee (Committee) meets annually to review Storm Drainage Fund expenditures and ensure their consistency with the ballot measure approved by property owners in 2005. Attachment A is the memo submitted by the Committee presenting the findings from their review of Fiscal Year 2016 Storm Drainage Fund expenditures. This memo documents the Committee’s finding that the Fiscal Year 2016 expenditures are compatible with the provisions of the 2005 ballot measure. This will be the last such review conducted by the Storm Drain Oversight Committee. The mission of the Committee ends with the June 1, 2017 expiration of the current (approved in 2005) Storm Drain Fee. In the immediate future, Council will be asked to decommission the current Committee and consider the establishment of a new Storm Water Management Committee to oversee expenditures related to the Storm Water Management Fee, which was approved by Palo Alto property owners in the April 11, 2017 mail ballot election. Attachments:  Attachment A: Storm Drain Oversight Committee Memo to City Council Attachment A Storm Drain Oversight Committee MEMORANDUM Date: March 22, 2017 To: Honorable City Council From: Members of the Storm Drain Oversight Committee Subject: Review of FY 2016 Storm Drainage Fund Expenditures As directed by the City Council, we have reviewed the Storm Drainage Fund’s expenditures for fiscal year 2016. 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 $38,875 which was used for storm drain operational expenses previously covered by the General Fund subsidy). The Committee met on March 22nd, 2017 to review the FY 2016 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 2016. The financial information was prepared and verified by Public Works and Administrative Services Department staff, using existing documentation whenever possible. 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 2016” accurately summarizes the use of the revenue generated by the increased Storm Drainage Fee for FY 2016 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 Mike Sartor Brad Eggleston Lalo Perez Summary of Use of Storm Drainage Fee Increase for FY 2016 Line Item Storm Drainage Fees Carryover Expended Committed by Contract Remaining Appropriation Total Use of Funds Fee Increase Revenue SD Fee Increase $4,220,497 Capital Improvements and Program Enhancements A. One-time SD CIP Projects San Francisquito Creek Pump Station $0 $0 $0 $0 $0 Channing/Lincoln Storm Drain $3,787,819 $134,552 $3,623,107 $30,160 $3,787,819 Southgate Neighborhood Storm Drains $263,475 $104,180 $0 $159,295 $263,475 Gailen/Bibbits SD Improvements $0 $0 $0 $0 $0 Clara Drive SD Improvements $0 $0 $0 $0 $0 Matadero Creek Pump Station & Trunks $4,255,616 $417,613 $332,764 $3,620,430 $4,370,807 Alma Street SD Improvements $0 $0 $0 $0 $0Storm Drain Master Plan Update $8,171 $8,171 $0 $0 $8,171 B. Enhanced Maintenance SD Replacement/Rehabilitation CIP $1,682,132 $274,567 $23,760 $1,383,805 $1,682,132 Augmented SD Maintenance $171,451 $0 $0 $171,451 C. Innovative SD Projects $209,710 $10,637 $0 $199,072 $209,710 D. Augmented Storm Water Quality $113,396 $0 $0 $113,396 E. New CIP Engineer $173,004 $0 $0 $173,004 F. General Fund Loan Repayment $0 $0 $0 $0 SUBTOTALS $4,220,497 $10,206,923 $1,407,571 $3,979,631 $5,392,762 $10,779,965 to Storm Drainage Fund Reserves $3,608,580 Other storm drain expenses previously covered by General Fund subsidy $38,875 TOTALS $14,427,420 $14,427,420 Revenue Expenditures