SAFCA - 5/21/26

The Sacramento Area Flood Control Agency (SAFCA) Board of Directors held a meeting on May 21, 2026, focusing primarily on budget and financing matters related to flood control projects. The board reviewed the proposed fiscal year 2026-27 budget, which anticipates approximately $92 million in project funding, including state funds, development impact fees, and bond proceeds. The discussion highlighted ongoing construction projects, funding sources, and the importance of maintaining reserves and contingencies for construction-related expenses. Additionally, the board considered resolutions to advance bond refundings and new bond issuances for the Natomas Basin and Consolidated Assessment Districts, which generate significant annual assessment revenues from thousands of parcels. These bond financings aim to support continued flood protection infrastructure projects and maintain compliance with federal requirements. A public hearing on the budget is scheduled for the next meeting on June 18, 2026. The meeting also included a continuation motion for a resolution of necessity related to property acquisition for levee improvements, which was postponed due to a lack of quorum.