Sewer Authority Mid-Coastside’s 2023 Annual Comprehensive Financial Report Awarded by GFOA for Excellence in Financial Reporting for Third Year is a Row

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VIDEO. From the Sewer Authority Mid-Coastside (SAM) meeting on Monday, July 22nd, 2024 at 7:00pm, as a hybrid meeting.

 

 

Staff Report for Agenda Item #4A

Status Update on Annual Comprehensive Financial Report Submitted to Government Finance Officers Association (GFOA) for Fiscal Year Ended June 30, 2023.

 

Background and Discussion/Report

SAM pursued the ACFR for the fiscal year ending June 30, 2023, audit and submitted it to GFOA on December 16, 2023. GFOA reviewed the application and announced on 7/10/2024 that the annual comprehensive financial report submitted met the requirements to be awarded GFOA’s Certificate of Achievement for Excellence in Financial Reporting.

 

The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government agency and its management. 36 July 22 2024 Agenda Item 4A This is the third year in succession that SAM has been awarded the Certificate of Achievement for Excellence in Financial Reporting.

 


 

More on SAM on Coastside Buzz

 


 

Sewer Authority Mid-Coastside (SAM) Meetings ~ 2nd & 4th Mondays @ 7:00pm

 

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SAM Meeting Videos via Pacific Coast TV

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Contact Us

Our regular office hours are 7:00 a.m. through 4:00 p.m., Monday through Friday, excluding holidays. The Authority can be reached 24-hours a day at:

(650) 726-0124

 

Our Address is:

Sewer Authority Mid-Coastside
1000 Cabrillo Hwy N.
Half Moon Bay,  CA  94019

(650) 726-7833 (fax)

 

The Sewer Authority Mid-Coastside (SAM) provides wastewater treatment services and contract collection maintenance services for a population of approximately 24,000 in the following areas:

  • City of Half Moon Bay
  • El Granada
  • Miramar
  • Montara
  • Moss Beach
  • Princeton by the Sea

 


 

SAM Directors

SAM is a joint powers authority (JPA) created by its three member agencies: City of Half Moon Bay (City), Granada Community Services District (GCSD), and the Montara Water and Sanitary District (MWSD).

 

The JPA is a separate, independent, public agency created by the member agencies to perform functions and share powers common to the member agencies. Those powers are outlined in a joint exercise of powers agreement (Agreement). The Agreement creating SAM can be found on the Documents page.

 

Each Agreement identifies how the independent agency will be governed. In the case of SAM, each member agency appoints two members from its governing board to represent it on the SAM Board of Directors, for a total of six directors.

 

The Agreement also establishes the weight of each director’s vote. The vote by each representatives from the City is given the weight of two votes. The vote by each representative from GCSD and MWSD is given the weight of one vote. The total number of possible votes is eight. A quorum is a minimum of five votes and resolutions require at least six votes to pass.

 

2024 SAM Directors

Board SecretaryRepresenting the Montara Water & Sanitary District
ChairRepresenting the Granada Community Services District
DirectorRepresenting the City of Half Moon Bay
DirectorRepresenting the City of Half Moon Bay
Treasurer, Representing the Montara Water & Sanitary District
DirectorRepresenting the Granada Community Services District

 

 

Coastside Buzz
Author: Coastside Buzz

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