PRESENTER: Presenter
Karrie Cook, Budget Manager
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SUBJECT: Title
Approval of a FY 2024 Budget Amendment for the Edwards Aquifer Habitat Conservation Plan Fund to add the Year Twelve Conservation Projects totaling $465,385 in both revenue and expenditures.
DEPARTMENT: Finance
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COUNCIL DISTRICTS IMPACTED: N/A
BACKGROUND INFORMATION:
The City of New Braunfels is a partner on the Edwards Aquifer Habitat Conservation Plan (EAHCP) that is designed to comply with the Federal Endangered Species Act and to protect spring flow and habitat in the Comal River systems needed to maintain populations of several federally listed endangered species. On an annual basis the City requests funding through the EAHCP program for the implementation of specific restoration projects and is reimbursed in full and on a monthly basis for all monthly expenditures.
A budget amendment is needed to fund the Year Twelve projects for the EAHCP. As mentioned above, these project costs are reimbursed on a monthly basis. The approval of this amendment will result in an amendment in both revenue and expenditures.
FISCAL IMPACT:
The approval of this amendment will result in an equal amendment in both revenue and expenditures in the EAHCP Fund.
Recommendation
RECOMMENDATION:
Staff recommends approval of this amendment.