Zone 2 Fiscal Year 2007-2008
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The District operates as an asset management organization, setting aside significant reserve funds to pay for repairs and upgrades to aging flood control facilities as they are needed, as well as to manage unpredictable major flooding from heavy storms.
The San Lorenzo Creek Watershed comprises Zone 2 of the District. Property tax and benefit assessment money received from property owners in Zone 2 can only be used in Zone 2. Money received from property owner in the other eight zones can only be used in those zones.
Revenue
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Annual revenue for Zone 2 was about $4.7 million in fiscal year 2006. The District receives money for Zone 2 from several sources.
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Property taxes. A very small portion of the 1% countywide property tax goes to the District. Because Californians passed the Educational Revenue Augmentation Fund (ERAF), every year the state takes 40% of the Zone’s property tax revenue and reallocates it to education—significantly reducing Zone 2's revenue.
- Benefit Assessment. Single-family residential property owners in Zone 2 currently pay an annual assessment of $26 a year and commercial properties pay a commensurate rate, based on the size of their property.
- Government Agencies. Federal and state grants for specific projects.
- Redevelopment Agencies. State funding source to rehabilitate blighted areas.
- Use of Money. Interest on reserves that are to be used for emergencies and allocated but not yet spent funds, and rentals of District-owned property.
- Other. Permit and plan review fees paid by developers.
Expenditures
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The District spent about $5.1 million in fiscal year 2006, running at a $400,000 deficit taken from reserves. Most of the District’s money is used for new flood control projects and maintenance. Less than $1 million a year is available to design and build new projects.
- Engineering and Construction. Design and construction of new flood control structures or upgrades to existing facilities.
- Maintenance and Operations. Maintenance of 17 miles of open channel, 44 miles of underground pipe, 34 miles of fencing, three pump stations, two dams and two silt-recycling sites.
- Clean Water Program: Implementing solutions to meet federal and state requirements for urban runoff entering creeks and ultimately the Bay.
- Administration: Engineering, accounting and other services
- Development Services: Permits and technical assistance for new developments (note: developers pay for permits and assistance).
- Information Technology: Hardware and software to improve the District’s ability to model the creeks and develop flood protection solutions.
