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...
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