To: Board of Supervisors
From: Public Works
Agenda Section: Consent
Vote Requirement: 4/5th
SUBJECT:
title
Supplemental Budget for Fiscal Year 2022-23 for Motor Pool-Operating Budget, 3500350, in the Amount of $621,722 (4/5 Vote Required)
end
RECOMMENDATION(S):
Recommendation
That the Board of Supervisors:
1. Approve the attached Supplemental Budget for Fiscal Year (FY) 2022-23 for the Motor Pool-Operating budget, 3500350, in the amount of $621,722 (4/5 vote required).
Body
SOURCE OF FUNDING:
IGS- Motor Pool (3500)
DISCUSSION:
The Motor Pool-Operating budget, 3500350, maintains the County of Humboldt's vehicle fleet. This agenda item is requesting a supplemental budget transfer from the IGS-Motor Pool Fund, 3500, to cover unanticipated expenses incurred during FY 2022-23. The increase in costs is due to increased fuel costs and maintenance of equipment. The Public Works Fleet Services Division as a whole has seen an overall increase of 34% to the annual expenses related to fuel consumption since FY 2020-21.
Operating rates for Motor Pool are calculated at the beginning of each budget season. Rates change depending on the costs incurred in the prior fiscal year. The annual recalculation ensures that the Motor Pool fund stabilizes, and recoups funding pulled from fund balance throughout the fiscal year. With the unprecedented increases to the cost of fuel the rates generated during the budget season may not be as accurate as they have been in the past, and internal procedures may need to change to adjust rates more frequently.
FINANCIAL IMPACT:
Expenditures (3500350)
FY22-23
Budgeted Expenses
2,767,399
Additional Appropriation Requested
621,722
Total Expenditures
3,389,121
Funding Sources (3500350)
FY22-23
Fees/Other
1,909,709
Use of Fund Balance
1,479,412
Total Funding Sources
3,389,121
*Projected amounts are estimates and are subject to change.
Narrative Explanation of Financial Impact:
The total amount required for the supple...
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