header-left
Share to Facebook Share to Twitter Bookmark and Share
File #: 2575-2020    Version: 1
Type: Ordinance Status: Passed
File created: 11/6/2020 In control: Public Utilities Committee
On agenda: 12/7/2020 Final action: 12/11/2020
Title: To authorize the City Auditor to establish a new subfund within the City’s Special Purpose Fund to account for private boat dock permit fees and fees collected from reservoir contiguous landowners and others for tree damage assessments, utility easement fees, general restoration donations, and settlements from encroachment related issues, among other fees collected by the Department of Public Utilities Watershed Management Section; and to authorize the transfer of $91,936.50 from Fund 2223, Subfund 222311 to the new subfund, which will be known as the DPU Land Stewardship Fund. ($91,936.50)
Attachments: 1. 2575-2020 Financial Coding
Explanation

BACKGROUND: The purpose of this ordinance is to authorize the City Auditor to establish a new subfund within the City’s Special Purpose Fund to account for private boat dock permit fees and fees collected from reservoir contiguous landowners and others for tree damage assessments, utility easement fees, general restoration donations, and settlements from encroachment related issues, among other fees collected by the Department of Public Utilities Watershed Management Section.

All monies received from these activities will be used for the administration, implementation, or enforcement of the Land Stewardship Program, or water quality and water supply best management practices designed for the protection, restoration, expansion, and enhancement of the City reservoir properties including, but not limited to, the purchase of trees, wildflowers, shrubs, evaluation of forest and wetlands, educational signage, program equipment and materials, landscaping services, property, easements, and legal & related service fees. In order to properly track and account for these monies, we are requesting that the City Auditor create a new subfund, which will be known as the DPU Land Stewardship Fund, within the City's Special Purpose Fund, Fund No. 2223.

FISCAL IMPACT: The Department of Public Utilities plans to collect private boat dock permit fees from contiguous landowners living along the reservoir beginning in 2021. This new subfund will also be used to collect fees from contiguous landowners and others for tree damage assessments, utility easement fees, general restoration donations, and settlements from encroachment related issues, among other fees collected by the Department of Public Utilities Watershed Management Section. Utilizing the City’s Special Purpose Fund provides the best means for properly tracking and accounting for these monies.

At the writing of this ordinance, there is $91,936.50 of unencumbered cash within Fund 2223, Subfund 222311 (fund b...

Click here for full text