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File #: 2022-0300    Version: 1
Type: Report Status: Received and Filed
File created: 5/2/2022 In control: To Be Determined
On agenda: 5/11/2022 Final action: 5/11/2022
Title: Receiving the Surface Water Management 2021 Year-End Report by Council District
Attachments: 1. 2021 Year-End SWM Financial Report
Related files: 2022-0501


Executive/Council Action Form (ECAF)


ITEM TITLE:
Title
Receiving the Surface Water Management 2021 Year-End Report by Council District
body

DEPARTMENT: Conservation & Natural Resources

ORIGINATOR: Jennifer Keene

EXECUTIVE RECOMMENDATION: Approve - Lacey Harper

PURPOSE: Submission of Annual Financial Report per SCC 25.05.045(1)

BACKGROUND: The 2021 year-end financial report of Surface Water Management revenues and expenditures by council district is provided for Council review and acceptance. In 2021, SWM collected $28,680,400 in service charges and spent $31,706,400 on services and capital projects in its service district. SWM delivered more in services and capital projects throughout the single SWM service district than was collected in service charge revenue by leveraging other revenue sources and partnerships. SWM has spent at least as much in each council district over the past five years as it has collected in utility fee revenues within each council district. In 2021, SWM spent a total of $3,026,000 more than what was collected for utility fees in Council Districts 1, 2, and 5. In Council District 3, SWM spent slightly less than what was collected in 2021, which included a contribution of over $500,000 to the Meadowdale Park project coordinated by the Parks & Recreation division. In Council District 4, SWM spent less than what was collected in 2021, though this was roughly equivalent to the amount spent over what was collected in 2020. SWM has begun working toward implementing additional projects in Council District 4 in the coming years.

FISCAL IMPLICATIONS:
EXPEND: FUND, AGY, ORG, ACTY, OBJ, AU
CURRENT YR
2ND YR
1ST 6 YRS
















TOTAL





REVENUE: FUND, AGY, ORG, REV, SOURCE
CURRENT YR
2ND YR
1ST 6 YRS
















TOTAL




DEPARTMENT FISCAL IMPACT NOTES: None

CONTRACT INFORMATION:
ORIGINAL

CONTRACT#

AMOUNT

AMENDMENT

CONTRACT#

AMOUNT


Contract Period
ORIGINAL
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AMENDMENT
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OTHER DEPARTMENTAL REVIEW...

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