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<br />4 <br />budget. The annual operating budget is intended to provide for <br />all programmatic functions and associated costs of the OC <br />Stormwater Program, as outlined in this AGREEMENT and as generally <br />described in Section V.A. Annual operating budgets and work <br />plans may be based on RWQCB region (i.e., Santa Ana Region versus <br />San Diego Region). The budget year shall coincide with the <br />COUNTY's fiscal year, July 1 – June 30. <br />b. Consult with the Stormwater Program Representatives (as defined in <br />Section III.C.8) when preparing annual operating budgets and major <br />program elements therein. <br />c. A draft of the annual operating budget may be prepared for the <br />PERMITTIES for review by February 15 each year. Annual operating <br />budgets shall be submitted to the PERMITTEES for consideration <br />and approval by May 15 of each year. Individual CITY approval <br />shall be obtained from each CITY’s city manager or designee <br />thereof by July 30 of each year. CITY manager designations for <br />annual operating budget approval shall be provided in writing to <br />the County and shall remain in effect until revoked in writing by <br />the CITY’s city manager. An annual operating budget shall be <br />deemed approved and adopted for the OC Stormwater Program by <br />affirmative responses from PERMITTEES which represent a majority <br />(50% or greater) of both the area and population percentage <br />contribution as calculated in accordance with Section V.A (method <br />for calculating approval percentage referred to as “Majority <br />Approval”). The COUNTY and the DISTRICT shall represent one <br />voting PERMITTEE with their percentage contribution equal to the <br />total of the COUNTY and the DISTRICT as described in Section V.A. <br />d. An approved and adopted annual operating budget shall not be