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Feather River West authority adopts $2.33 million budget, sets FY25–26 assessment levy
Summary
The Feather River West Levy Financing Authority approved Resolution 2025-01 adopting a $2,325,499 operations budget for fiscal year 2025–26 and levying assessments of about $2.225 million, with revenue split between LD 1 and LD 9 and general-benefit costs covered by ad valorem taxes.
The Feather River West Levy Financing Authority on an affirmative voice vote adopted Resolution 2025-01 approving a fiscal year 2025–26 operations and maintenance budget of $2,325,499 and the associated assessment levy, as presented at the meeting in Sutter County.
The authority’s staff told board members the engineer’s report incorporates an escalator tied to the April-to-April Consumer Price Index; that index was 2.76 percent, yielding the $2,325,499 gross budget. After netting the portion of the budget determined to be general benefit and therefore not assessable against property owners, the levy available for collection was presented as roughly $2.225 million (as shown in the engineer’s report). Staff noted the increase is capped by the authority’s formula at the lesser of the CPI change or 4 percent.
Why it matters: the budget funds maintenance and operation of locally maintained levees under the authority’s jurisdiction and determines property assessments that pay for those services. Board members asked for and received detail on how the totals are split and how non-assessable general-benefit costs are covered.
Key figures presented by staff (as shown in the engineer’s report): the administrative portion of the budget was listed at $96,251, which includes the authority’s assessment administrator, insurance, and contract support; the authority is repaying Sutter Butte Flood Control Agency over 15 years for initial formation funding, a balance discussed as “a little bit less than $750,000.” On a 100-percent collection assumption, staff showed expected assessment revenue apportioned approximately $1,748,130 to LD 1 and $381,139 to LD 9; actual receipts may vary with delinquencies and penalties.
Staff explained that Sutter County does not participate in the “teeter” program for direct charges (a program some counties use to guarantee collection and assign penalty/interest receipts to the county). The authority’s engineer-calculated split of revenue between LD 1 and LD 9 was noted as roughly 82.1179 percent to 17.8821 percent, per the engineer’s allocation.
Audit and next steps: the board reviewed a draft audit prepared by Smith and Newell. Board members agreed not to accept the draft audit at this meeting; instead staff said the auditors may finalize the report and bring the finalized audit back to the board later for official receipt and filing. The authority’s executive director reported no other activity at this time and said staff will continue collecting assessments and distributing revenues to the levy districts.
Votes at a glance: Resolution 2025-01 — motion to adopt the FY25–26 budget and levy. Motion maker: Mike Morris. Second: not recorded in the transcript. Vote: Harley Hoffman, Mike Morris and Jeff Stevens recorded in attendance and the board adopted the resolution by voice vote with no opposition recorded.
The authority did not take final action on the draft audit; the auditors were directed to finalize the audit and return the final report to the board for receipt/file when complete.
