Feather River West Levee Financing Authority Meeting 6-10-2026

The Feather River West Levee Financing Authority meeting held by the City of Yuba City on June 10, 2026, focused primarily on the adoption of the fiscal year 2026-27 assessment budget. The board reviewed the proposed budget of approximately $2.38 million, which includes an assessment levy increase based on a 2.18% Consumer Price Index (CPI) escalation, capped at 4%. Discussion centered on whether to levy the maximum allowable increase or a lower amount, with consensus leaning toward approving the recommended 2.18% increase to maintain fiscal soundness amid current economic conditions. The board also discussed the importance of involving affected reclamation districts (LD1 and LD9) in future budget discussions and potentially holding workshops to gather input before future assessments. Additionally, the draft audit for fiscal year 2024-25 was noted as pending finalization and will be brought back for review in August. The meeting concluded with the approval of the budget resolution and no other procurement actions were taken.