Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Sutter Butte agency reviews finances, project construction and pivots to FEMA HMGP; moves into closed session on litigation
Summary
The board received a June financial report showing working capital and revenue near budgeted levels, heard construction and design updates on multiple levee and recreation projects, and approved the consent calendar before moving into closed session on potential litigation (Odessa Farms).
At its meeting the Sutter Butte Flood Control Agency reviewed its year-end financial position and ongoing projects and then recessed into closed session on potential litigation.
Sean (agency finance staff) presented monthly financials through June: estimated working capital "about $25,000,000," estimated total revenue "about $27,500,000," operating fund roughly $750,000 and capital fund about $8.9 million. He said pending receipts total about $12.4 million, including an anticipated partial retention release of about $2.6 million tied to a UFA grant. He also noted upcoming debt service…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
