Executive/Council Action Form (ECAF)
ITEM TITLE:
Title
Motion 23-409, allocation of Conservation Futures Property Tax Funds
body
DEPARTMENT: Conservation and Natural Resources
ORIGINATOR: Dave McConnell
EXECUTIVE RECOMMENDATION: Lacey Harper 9/15/23
PURPOSE: Approve full funding for 10 applications from four cities, three non-profits, and Snohomish County in the amount of $9,356,560.80 (Nine Million, Three Hundred Fifty Six Thousand, Five Hundred Sixty Thousand Dollars and 80 Cents).
BACKGROUND: The Snohomish County Code Chapter 4.14 establishes by Ordinance the Snohomish County Conservation Futures Property Tax Fund and the Conservation Futures Program Advisory Board (“Advisory Board”), whose duties include the review and recommendation of projects to be funded with Conservation Futures Property Tax Funds. Snohomish County advertised the opportunity for project sponsors to submit applications for Conservation Futures Property Tax Funds and received 10 applications from four cities, three non-profits, and Snohomish County by the application due date of August 18. 2023. On August 30, 2023, the Advisory Board listened to project presentations, reviewed the project proposals and voted to recommend fully funding all 10 projects for a total amount of $9,356,560.80 (Nine Million, Three Hundred Fifty Six Thousand, Five Hundred Sixty Thousand Dollars and 80 Cents) through the Conservation Futures Property Tax Fund. The recommendations by the Advisory Board are forwarded through the Snohomish County Executive to the Snohomish County Council for review and consideration and approval by Motion.
FISCAL IMPLICATIONS:
|
EXPEND: FUND, AGY, ORG, ACTY, OBJ, AU |
CURRENT YR |
2ND YR |
1ST 6 YRS |
|
Conservation Futures Fund |
$9,356,560.80 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL |
|
|
|
|
REVENUE: FUND, AGY, ORG, REV, SOURCE |
CURRENT YR |
2ND YR |
1ST 6 YRS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL |
|
|
|
DEPARTMENT FISCAL IMPACT NOTES: Funding available within current budget as of December 31, 2023
CONTRACT INFORMATION:
|
ORIGINAL |
|
CONTRACT# |
|
AMOUNT |
|
|
AMENDMENT |
|
CONTRACT# |
|
AMOUNT |
|
Contract Period
|
ORIGINAL |
START |
|
END |
|
|
AMENDMENT |
START |
|
END |
|
OTHER DEPARTMENTAL REVIEW/COMMENTS: Reviewed/approved by Diane Baer (Risk Management 9/15/23 and Finance (Nathan Kennedy 9-15-23)