Title
Consider recommendation from EAA staff to adopt the annual budget for fiscal year 2018, and assessing aquifer management fee and program aquifer management fee rates for 2018.
Body
STAFF RECOMMENDED MOTION:
Move the board adopt Resolution and Order No. 11-17-892 of the Edwards Aquifer Board of Directors adopting the annual budget, as amended, for fiscal year 2018, and assessing the aquifer management fee and program aquifer management fee rates for 2018, as follows:
Non-agricultural aquifer management fee (General Fund) -- $42 per acre-foot
Agricultural aquifer management fee (General Fund) -- $2 per acre-foot
Non-agricultural program aquifer management fee (EAHCP Fund) -- $42 per acre-foot.
SUMMARY:
Th purpose of this agenda item is for the board to consider an EAA staff recommendation to adopt the proposed budget, and associated aquifer management fee (AMF) and program AMF rates for 2018. EAA staff presented the General Manager’s 2018 Proposed Budget to the board on September 12. Following the recommendation of the Finance/Administrative Committee, the board at its October 10 meeting, authorized staff to conduct public meetings on the proposed budget, AMF rate, and program AMF rate. EAA staff held three public meetings on the 2018 proposed budget as summarized below:
· Wednesday, October 11, 2017 at 6:00 PM, Edwards Aquifer Authority Board Room
· Thursday, October 12, 2017 at 2:00 PM, Hondo Community Center
· Friday, October 13, 2017 at 10:00 AM, San Marcos Old Fish Hatchery Building
A total of three individuals attended these public hearings. Staff answered general questions on the proposed budget at the meeting held on October 11. Chairman Buckner attended the meeting on October 12 and no individuals attended the meeting on October 13. No written comments were submitted for the proposed budget.
As proposed, the 2018 budget is broken down into three primary areas. The proposed 2018 General Fund Budget totals $17,588,915. The AMF rate required...
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