File #: 24-1370    Version: 1 Name:
Type: Informational Report Status: Passed
File created: 9/16/2024 In control: County Administrative Office
On agenda: 9/24/2024 Final action: 9/24/2024
Title: Appropriation Transfer for County Administrative Office Headwaters (1120286), Workforce Investment (1120287) and Communications (3521151) Budgets in an Amount Totaling $105,744 for Fiscal Year (FY) 2023-24
Attachments: 1. Staff Report, 2. Budget Adjustment 1120286 6.30.24, 3. Budget Adjustment 1120287 6.30.24, 4. Budget Adjustment 3521151 6.30.24

To: Board of Supervisors

From: County Administrative Office

Agenda Section: Consent

Vote Requirement: Majority

SUBJECT:
title
Appropriation Transfer for County Administrative Office Headwaters (1120286), Workforce Investment (1120287) and Communications (3521151) Budgets in an Amount Totaling $105,744 for Fiscal Year (FY) 2023-24
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RECOMMENDATION(S):
Recommendation
That the Board of Supervisors:
1. Approve the attached appropriation transfers for Headwaters Division (1120286) in the amount of $2,000, Workforce Investment (1120287) in the amount of $19,000 and CAO-Communications (3521151) in the amount of $84,744 for FY 2023-24.

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:
At the end of each FY, budgets must be within appropriations. The attached appropriation transfers will move funds to clear overages within the Headwaters Division (1120286), Workforce Investment (1120287) and CAO-Communications (3521151) budgets for FY 2023-24.

Headwaters and Workforce both fall under the Economic Development Division of the County Administrative Office. The attached appropriation transfers will move funds into the Other Financing Sources (Uses) category to cover intrafund expenses incurred during FY 2023-24 for directly billed activity on Economic Development projects.

The CAO-Communications Internal Service Fund's attached appropriation transfer will move funds to cover overages in Central Services Charges for FY 2023-24.




SOURCE OF FUNDING:
1120286 (Headwaters)
1120287 (Workforce Investment)
3521151 (Communications)

FINANCIAL IMPACT:

Narrative Explanation of Financial Impact:
The attached appropriation transfer for Headwaters Division (1120286) will move funds between the Other Charges and Other Financing Sources (Uses) categories to cover overages in intrafund expenses in the amount of $2000. T...

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