To: Board of Supervisors
From: Public Works
Agenda Section: Consent
Vote Requirement: 4/5th
SUBJECT:
title
Request a Transfer from Contingencies in the amount of $21,998 for Veterans Buildings Budget, 1100703, for Fiscal Year (FY) 2024-25 (4/5 Vote Required)
end
RECOMMENDATION(S):
Recommendation
That the Board of Supervisors:
1. Approve the transfer (Attachment 1) from Contingencies in the amount of $21,998 for the Veterans Buildings budget, 1100703 for FY 2024-25. (4/5 vote required)
Body
SOURCE OF FUNDING:
General Fund Contingency (1100990)
DISCUSSION:
In FY 2023-24 budget 1100703 Veterans Buildings was created to track Veterans facility maintenance costs for the five county-owned veterans buildings. In FY 2024-25 ADA ISF charges in the amount $23,797 were charged to the budget. The general fund allocation was not enough to cover the utility payments and the ADA ISF Charges.
A supplemental request is needed to cover the ADA ISF Charges even with a small saving from a couple of the Veterans buildings having lower utility costs.
FINANCIAL IMPACT:
|
Expenditures (1100703) |
FY24-25 Projected* |
|
|
Budgeted Expenses |
$84,185.00 |
|
|
Additional Appropriation Requested |
$21,998.00 |
|
|
Total Expenditures |
$106,183.00 |
|
*Projected amounts are estimates and are subject to change.
|
Funding Sources |
FY24-25 Projected* |
|
|
General Fund |
$79,185.00 |
|
|
Deferred Maintenance |
$5,000.00 |
|
|
Contingencies* |
$21,998.00 |
|
|
Total Funding Sources |
$106,183.00 |
|
*Projected amounts are estimates and are subject to change.
Narrative Explanation of Financial Impact:
The budget adjustment for the Veterans Buildings budget, 1100703, in the amount of $21,998 will be needed based on the actual ADA ISF cost for FY 24/25. A transfer from General Fund Contingencies (1100-990) is needed for the Veterans Buildings budget, 1100703, in the amount of $21,998. The current available balance in General Fund Contingencies is $1,029,649.
STAFFING IMPACT:
Narrative Explanation of Staffing Impact:
There is no staffing impact.
STRATEGIC FRAMEWORK:
This action supports the following areas of your Board’s Strategic Framework.
Core Roles: Provide for and maintain infrastructure
New Initiatives: Manage our resources to ensure sustainability of services
Strategic Plan: N/A
OTHER AGENCY INVOLVEMENT:
N/A
ALTERNATIVES TO STAFF RECOMMENDATIONS:
The Board may choose not to approve the attached budget adjustment. However, this is not recommended as this request will balance the Veterans Building budget.
ATTACHMENTS:
1. Appropriations Transfer for Veterans Buildings 1100-703
PREVIOUS ACTION/REFERRAL:
Board Order No.: E-1, D-12, J-3
Meeting of: 09/12/22, 1/10/23, 3/12/24
File No.: 22-1178, 22-1644, 24-227