Item Coversheet

Request for City Commission Action Page



Heading as displayed on the Agenda:
Utilities Department - Eastern Volusia Regional Water Authority FY 2017-2018 Budget Ratification  (pp. 39-72)
Item as displayed on the Agenda:

Resolution ratifying the Eastern Volusia Regional Water Authority FY 2017-2018 adopted budget.  Resolution 07-61 was adopted by the City Commission on February 7, 2007 which approved an Interlocal Agreement among Daytona Beach, Holly Hill and South Daytona creating the Eastern Volusia Regional Water Authority. The mission of the Eastern Volusia Regional Water Authority is to “emphasize awareness of the need to conserve and protect Water Resources.”  One of the provisions in the Interlocal Agreement requires each member’s governing body to formally ratify the Eastern Volusia Regional Water Authority fiscal year budget adopted by the Authority’s Board of Directors prior to the Authority’s budget becoming effective on October 1.  There is no funding required from member governments for the Authority's FY 2017-2018 budget.  Retained earnings from the Authority's operating fund will be used to fund the FY 2017-2018 adopted budget. 

 

Recommendation:  Business Enterprise Management Director recommends adoption of the Resolution.

ATTACHMENTS:
Description
Agenda Summary
Memo to City Manager
Exhibit - Budget FYE 09-30-18
Back up - Interlocal Agreement