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File #: 21-149    Version: 1 Name:
Type: Resolution Status: Passed
File created: 2/17/2021 Departments: COUNTY MANAGER
On agenda: 2/23/2021 Final action: 2/23/2021
Title: Adopt a resolution authorizing the County Manager, or the County Manager's designee, to make loans pursuant to Government Code ? 56381(c) from available County General Funds to the San Mateo County Local Agency Formation Commission, in an amount not to exceed a total of $100,000 per fiscal year.
Attachments: 1. 20210223_r_Loan for LAFCo.pdf
Special Notice / Hearing: None__
Vote Required: Majority

To: Honorable Board of Supervisors
From: Mike Callagy, County Manager
Subject: Loans to Local Agency Formation Commission

RECOMMENDATION:
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Adopt a resolution authorizing the County Manager, or the County Manager's designee, to make loans pursuant to Government Code ? 56381(c) from available County General Funds to the San Mateo County Local Agency Formation Commission, in an amount not to exceed a total of $100,000 per fiscal year.

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BACKGROUND:
The San Mateo County Local Agency Formation Commission (LAFCO) is a state-mandated independent commission with jurisdiction over the boundaries of 20 cities, 22 independent special districts and many of the active county-governed special districts serving San Mateo County. LAFCO is authorized by state law to approve proposals for changes in the boundaries and organization of these entities, to establish and periodically update their spheres of influence, and to assist agency studies to improve efficiency and reducing costs of providing urban services.

From time to time during the fiscal year, LAFCO may experience periods of restricted cash-flow pending its receipt of fees from agencies under its jurisdiction and/or due to differences in actual revenues received compared to budgeted estimates. These conditions can restrict LAFCO's cash-flow needed to fund its operations and creates temporary budget shortfalls. LAFCO may at times be temporarily without adequate funds to operate due to these cash-flow issues.

DISCUSSION:
Government Code ? 56381 governs LAFCO's annual budget procedures and outlines the county auditor's role in apportioning costs and requesting payment from agencies to fund the commission's operations. To ensure the commission's liquidity at the start of the fiscal year, Section 56381(c) requires that, "[b]etween the beginning of the fiscal year and the time the auditor receives payment from each affected city and d...

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