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Finance Committee Meeting 2009
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Finance Committee Meeting 2009
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8/18/2014 1:33:12 PM
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Board Meetings
Board Meeting Date
9/15/2009
Description
Finance Sub-Committee Meeting September 15, 2009
Board Meetings - Doc Type
Meeting
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ATTACHMENT—SUPPORTING JUSTIFICATION FOR APPROVAL OF REQUEST <br /> • <br /> Since the Board's target growth rate will be unmet this fiscal year, it is understood that there <br /> would be no funding for non-reimbursable grants as described under Policy 13. However, staff <br /> is requesting an exemption from this policy and recommends that funds be provided for the <br /> CWCB Weather Modification Program. In order to meet this request, staff is recommending <br /> that spending from the CWCB's litigation fund appropriation be restricted by$175,000 for FY <br /> 2010-2011 to cover the expenses associated with CWCB Weather Modification Program. Staff <br /> believes that adequate funding exists for CWCB's litigation needs in the current fiscal year and <br /> the use of this fund for the CWCB Weather Modification Program will not limit the State's <br /> ability to adequately protect itself from possible litigation. <br /> • <br /> 2 <br />
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