To: Board of Supervisors
From: Public Works
Agenda Section: Consent
Vote Requirement: 4/5th
SUBJECT:
title
Supplemental Budget for Fiscal Year (FY) 2023-24 for Motor Pool-Operating Budget, 3500350, in the Amount of $110,000 (4/5 Vote Required)
end
RECOMMENDATION(S):
Recommendation
That the Board of Supervisors:
1. Approve the attached Supplemental Budget for FY 2023-24 for the Motor Pool-Operating budget, 3500350, in the amount of $110,000 (4/5 vote required).
Body
STRATEGIC PLAN:
This action supports the following areas of your Board’s Strategic Plan.
Area of Focus: Core Services/Other
Strategic Plan Category: 9999 - Core Services/Other
DISCUSSION:
The Motor Pool-Operating budget, 3500350, maintains the County of Humboldt’s vehicle fleet. This agenda item is requesting a supplemental budget to increase the Motor Pool-Operating budget, 3500350, to cover an unanticipated increase in expenses incurred during FY 2023-24. The increase in expenses is due to the continued increase in costs associated with maintenance of vehicles. As the prices of vehicles have drastically increased so has replacement parts and supplies used for servicing vehicles.
SOURCE OF FUNDING:
IGS- Motor Pool (3500)
FINANCIAL IMPACT:
|
Expenditures (3500350) |
FY24-25 |
|
|
|
Budgeted Expenses |
$ 3,160,672.00 |
|
|
|
Additional Appropriation Requested |
$ 110,000.00 |
|
|
|
Total Expenditures |
$ 3,270,672.00 |
|
|
*Projected amounts are estimates and are subject to change.
|
Funding Sources (3500350) |
FY24-25 |
|
|
|
Fees/Other |
$ 3,270,672.00 |
|
|
|
Total Funding Sources |
$ 3,270,672.00 |
|
|
*Projected amounts are estimates and are subject to change.
Narrative Explanation of Financial Impact:
The total amount required for the supplemental budget is $110,000. At the end of FY 2023-24 there was a cash balance of $1,350,168.78 in the IGS-Motor Pool fund, 3500. There is sufficient fund balance for the unanticipated increase in costs in FY 2023-24.
STAFFING IMPACT:
Narrative Explanation of Staffing Impact:
N/A
OTHER AGENCY INVOLVEMENT:
N/A
ALTERNATIVES TO STAFF RECOMMENDATIONS:
Your Board could choose not to approve the supplemental budget. This is not recommended as funding has already been expended in FY 2023-24.
ATTACHMENTS:
Supplemental Budget 3500350
PREVIOUS ACTION/REFERRAL:
Meeting of: N/A
File No.: N/A