To: Board of Supervisors
From: Public Works
Agenda Section: Consent
Vote Requirement: Majority
SUBJECT:
title
Appropriation Transfers to Increase a Fixed Asset Line for the Roads Engineering Budget, 1200321 for Fiscal Year (FY) 2023-24
end
RECOMMENDATION(S):
Recommendation
That the Board of Supervisors:
1. Approve the appropriation transfer (Attachment 1) to increase a fixed asset line in FY 2023-24 for the storm damage repair project in the Roads Engineering budget, 1200321.
2. Approve the appropriation transfer (Attachment 2) to increase a fixed asset line in FY 2023-24 for the storm damage repair project in the Roads Engineering budget, 1200321, and reducing the salary and benefits in FY 2023-24 in the Roads Maintenance budget, 1200325.
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SOURCE OF FUNDING:
Road Fund (1200)
DISCUSSION:
In FY 2023-24, the Humboldt County Department of Public Works experienced storm damage expenditures for fixed assets that were over the appropriation in the Roads Engineering budget, 1200321. Public Works is requesting that your Board approve the appropriation transfers to balance the Road Engineering budget, 1200321.
Public Works would like to transfer funds between the salary and benefits line to the Infrastructure line in the Roads Engineering budget, 1200321, in FY 2023-24 and move allocations from the Roads Maintenance budget, 1200325, salary and benefits to the Roads Engineering budget, 1200321 Infrastructure line in fiscal year FY 2023-24.
FINANCIAL IMPACT:
Expenditures
1200321
FY 23-24
1200325
FY 23-24
Budgeted Expenses
$24,012,582
$17,051,560
Additional Appropriation Requested
$811,967
$-811,967
Total Expenditures
$24,824,549
$16,239,593
Funding Sources
1200321
FY 23-24
1200325
FY 23-24
Use of Fund Balance
$24,824,549
$16,239,593
Total Funding Sources
$24,824,549
$16,239,593
Narrative Explanation of Financial Impact:
This item recommends transferring funds to the line items where expenses were incurred in FY 2023-24 for the...
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