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FY 2025 Project Grant Agreement With Withlacoochee Regional Water Supply Authority for Local Government Water Supply and Conservation Funding Assistance Program
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BRIEF OVERVIEW
On June 11, 2024, the Board approved Resolution No. 2024-141 supporting Hernando County Utilities Department’s (HCUD) application to the Withlacoochee Regional Water Supply Authority (WRWSA) Local Government Water Supply and Conservation Funding Assistance Program. WRWSA reviewed the application and approved the funding request on July 24, 2024. Therefore, attached for consideration is the grant agreement with WRWSA. This grant agreement will provide matching funds for the FY 2025 budget to continue the water resource protection and conservation program.
FINANCIAL IMPACT
The agreement stipulates that the WRWSA will provide 50% of the project costs, or $46,250, on a reimbursement basis, into:
Fund: 4111 - Hernando County Utilities, Department: 33711 - WRWSA H20 Cons-Qual, Account: 3894713 - HRWSA H20 CNS-QUAL PGM I.
This budget amount will require total expenditures of $92,500 from Fund: 4111 - Hernando County Utilities, Department: 33711 - WRWSA H20 Cons-Qual; hence, there is a 50% match of $46,250 required.
LEGAL NOTE
The Board is authorized to act on this matter pursuant to Chapter 125, Florida Statutes.
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RECOMMENDATION
It is recommended that the Board approve and authorize the Chairperson’s signature on the attached FY 2025 Project Grant Agreement for the WRWSA Local Government Water Supply and Conservation Funding Assistance Program.