Title
Placeholder-Water Residential Assistance Program (WRAP) Service Delivery Partner Funding Authorization for FY 2025
Body
Agenda of: May 22, 2024
Item No.: 2024-120
Amount: $4,599,500
TO: The Honorable
Board of Directors
Great Lakes Water Authority
FROM: Suzanne R. Coffey P.E.
Chief Executive Officer
Great Lakes Water Authority
DATE: April 24, 2024
RE: Water Residential Assistance Program (WRAP) Service Delivery Partner Funding Authorization for FY 2025
MOTION
Upon recommendation of Nicolette N. Bateson, Chief Financial Officer\Treasurer, the Board of Directors (Board) of the Great Lakes Water Authority (GLWA), approves the Service Delivery Partner Funding Authorization as presented for FY 2025 pending final confirmation of the DWSD budget approval and authorizes the CEO to take such other action as may be necessary to accomplish the intent of this vote.
BACKGROUND
Upon the approval of the Great Lakes Water Authority (GLWA) FY 2025 & FY 2026 Biennial Budget and FY 2025 charges by the Board of Directors, an allocation of Water Residential Assistance Program funding by Service Delivery Partner is prepared. Service Delivery Partner contracts are in place, however, the dollar amount of that contract is updated each year with the new WRAP funding amount. This serves as the annual GLWA Affordability & Assistance team request for authorization to allocate FY 2025 WRAP funding by Service Delivery Partner.
JUSTIFICATION
The FY 2025 GLWA budget, approved on February 28, 2024, includes $4,599,500 in Wholesale Water and Sewer funding. In addition, the Detroit Water & Sewerage Department (DWSD) Board of Directors proposed FY 2025 budget includes $2,249,500 of WRAP funding. Their budget could be adopted as soon as March 20, 2024. Pending that action, the combined amount for WRAP is $6,849,000.
Funding allocation by service area: WRAP is allocated by a pro-rata percentage of the total approved wholesale member partner charge...
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