Placer Conservation Authority AgendaPacket Special Meeting 2026-05-07
PCA Increases Endowment Management Budget for PCF
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Description
The Placer Conservation Authority will amend the FY 2025-26 budget to recognize an additional $36,000 in fiduciary management costs payable to Placer Community Foundation, bringing total annual management fees to $48,000 for the PCCP Endowment Fund. The increase is driven by higher fund deposits exceeding $6 million under the 2022 Endowment Grant Agreement.
Contract Details
Contract Amount
$48,000 (increase of $36,000 over $12,000 budgeted)
Vendor
PLACER COMMUNITY FOUNDATION
Agency
Placer County Air Pollution Control District, CA
Contract Type
FINANCIAL_SERVICES
Document Date
May 7, 2026
Contract Term
Annual fiduciary fund management costs for FY 2025-26
Renewal Date
2026-06-30
Renewal Info
Costs are governed by a 2022 Endowment Grant Agreement with tiered fees based on endowment balance; current year costs increased due to fund balance exceeding $5 million.
More from PLACER COMMUNITY FOUNDATION
Related Contracts
Placer Conservation Authority Board Special Meeting Agenda May 2026
AMENDEDPlacer County Board of Supervisors Agenda March 10 2026
APPROVEDPlacer County Board of Supervisors Agenda March 10, 2026
PENDINGRoseville Grants Advisory Commission Agenda November 2025
AWARDEDcity-of-roseville-grants-advisory-commission-meeting-agenda-august-12-2025_89c.pdf
approvedIssuing Agency
Placer County Air Pollution Control District
Special District
Auburn, CA
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