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02-11-2015 FIN RPT 01
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10/2/2015 8:23:54 PM
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SCPPA at Glance (Continued) <br />• Governed by a twelve- member Board of Directors - one member /one rep <br />• SCPPA is subject to Brown Act: all meetings are open to the public <br />• SCPPA Board approves project budgets <br />• SCPPA Board approves administrative budgets <br />• SCPPA Board approves other services <br />• SCPPA bills participants monthly for projects and services <br />• Other services are billed thru Palo Verde or Hoover billing for expediency <br />• SCPPA Audit Committee oversee independent financial audit <br />• SCPPA's JPA model has lower overhead ( <2 %) than most JPAs <br />• Members account for costs in their books & records <br />• RPU Board and CC approve RPU Budget — including projects <br />• RPU & City have independent financial audit /audit opinions W A T E R l E N E R G Y I L I F E <br />
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