Title
Planning and Building Department, Building Services, recommending the Board approve and authorize the Chair to sign a budget transfer adjusting the budget for Fiscal Year 2025-26 by $2,000 to allow for the transfer of additional revenues in the Commercial Grading Special Revenue Fund. (4/5 vote required)
FUNDING: Fees for services.
Body
DISCUSSION / BACKGROUND
Planning and Building Department, Building Division (Building), receives revenue from Time & Materials Development Projects (T&M Projects) due to the work for the permits being completed by Building. Developers hold monies on deposit which are drawn down as projects are complete. The FY 2025-26 Budget estimated this revenue from drawdowns at $1,000, but the revenues drawn down for them on T&M Projects are higher than budgeted. An additional $2,000 is projected to be received and the revised budgeted amount will be $3,000. This budget amendment will allow the additional revenue received to be transferred to Building.
ALTERNATIVES
The Board may elect not to approve the budget transfer as proposed, although proper accounting for the Planning and Building: Building Services would be jeopardized.
PRIOR BOARD ACTION
N/A
OTHER DEPARTMENT / AGENCY INVOLVEMENT
Chief Administrative Office - Community Development Finance and Administration
CAO RECOMMENDATION / COMMENTS
Approve as recommended.
FINANCIAL IMPACT
There is no Net County Cost associated with this item. Commercial Grading funds are available for Building Services purposes. The budget transfer will increase Operating Transfers by $2,000, offset by increases to T&M Projects revenue and Professional Services.
CLERK OF THE BOARD FOLLOW UP ACTIONS
The Clerk of the Board will obtain the Chair’s signature on the original budget transfer and will forward the budget transfer to the Auditor/Controller for processing.
STRATEGIC PLAN COMPONENT
Priority: N/A
Action Item: N/A
CONTACT
Karen Garner, Director
Planning and Building Department