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HomeMy WebLinkAboutPackets - Stormwater Utillity Commission (118)AGENDA ORO VALLEY STORMWATER UTILITY COMMISSION REGULAR SESSION NOVEMBER 17, 2016 HOPI CONFERENCE ROOM 11000 N. LA CANADA DRIVE REGULAR SESSION AT OR AFTER 4 P.M. CALL TO ORDER ROLL CALL CALL TO THE AUDIENCE - At this time, any member of the public is allowed to address the Commission on any issue not listed on today’s agenda. Pursuant to the Arizona Open Meeting Law, individual Commission members may ask Town staff to review the matter, ask that the matter be placed on a future agenda, or respond to criticism made by speakers. However, the Stormwater Utility Commission may not discuss or take legal action on matters raised during "Call to the Audience." In order to speak during "Call to the Audience" please specify what you wish to discuss when completing the blue speaker card 1. Approval of the October 20, 2016 regular session minutes 2. Organizational update on the development of the Stormwater Utility 3. Update on the status of the draft of Town Code Chapter 17 4. Update on meetings and events 5. Discuss and approve Stormwater credit application(s) 6. Update on the Your Voice, Our Future 7. Discuss Stormwater Financials and the budget timeline 8. Discuss on-going Stormwater projects and events 9. Set December meeting(s) date and time 10. Set December proposed agenda items POSTED: 11/7/16 at 5:00 p.m. by pp When possible, a packet of agenda materials as listed above is available for public inspection at least 24 hours prior to the Stormwater Utility Commission meeting in the Town Clerk's Office between the hours of 8:00 a.m. and 5:00 p.m. The Town of Oro Valley complies with the Americans with Disabilities Act (ADA). If any person with a disability needs any type of accommodation, please notify the Town Clerk’s Office at least five days prior to the Commission meeting at 229-4700. INSTRUCTION TO SPEAKERS Members of the public have the right to speak during any posted public hearing. However, those items not listed as a public hearing are for consideration and action by the Stormwater Utility Commission during the course of their business meeting. Members of the public may be allowed to speak on these topics at the discretion of the Chair. If you wish to address the Commission on any item(s) on this agenda, please com plete a blue speaker card and give it to the Recording Secretary. Please indicate on the speaker card which item number and topic you wish to speak on, or if you wish to speak during “Call to Audience,” please specify what you wish to discuss when completi ng the blue speaker card. “Notice of Possible Quorum of the Oro Valley Town Council, Boards, Commissions, and Committees: In accordance with Chapter 3, Title 38, Arizona Revised Statutes and Section 2-4-2 of the Oro Valley Town Code, a majority of the Town Council, Board of Adjustment, Conceptual Design Review Board, Historic Preservation Commission, Parks and Recreation Advisory Board, Planning and Zoning Commission, and Water Utility Commission may attend the above referenced meeting as a member of the audience only.” November 16, 2016 October YTD Financial Status FY 2016/2017 Stormwater Utility Fund % Budget Completion through October -- 33.3% Actuals thru 10/2016 Budget % Actuals to Budget Year End Estimate * YE % Variance to Budget REVENUES: CHARGES FOR SERVICES 445,745 1,303,500 34.2% 1,303,500 0.0% INTEREST INCOME 270 500 54.1%500 0.0% TOTAL REVENUES 446,015 1,304,000 34.2% 1,304,000 0.0% Actuals thru 10/2016 Budget % Actuals to Budget Year End Estimate * YE % Variance to Budget EXPENDITURES: PERSONNEL 115,133 559,234 20.6% 509,234 -8.9% OPERATIONS & MAINTENANCE 92,455 505,525 18.3% 505,525 0.0% CAPITAL 85,429 89,000 96.0%139,000 56.2% TOTAL EXPENDITURES 293,017 1,153,759 25.4% 1,153,759 0.0% Does not include non-cash outlays for depreciation SURPLUS / (DEFICIT) 152,999 150,241 150,241 BEGINNING RESERVE BALANCE 272,747 Plus: Surplus / (Deficit)150,241 SUBTOTAL ENDING RESERVE BALANCE ** 422,988 LESS: VEHICLE & EQUIPMENT RESERVE (128,806) TOTAL ENDING RESERVE BALANCE **294,182 Reserve Policy Calculation 22.6% * Year-end estimates are subject to further revision ** Ending reserve amounts are estimates subject to further revision, and may not tie to the cash balance in the fund due to timing of revenues received and expenditures paid