Title
General Services Department recommending Budget Transfer increasing appropriations by $203,710 for the purchase of new vehicles. (4/5 vote required) (Continued 6/26/07, Item 23)
FUNDING: Fleet Management Internal Service Fund.
Body
BUDGET SUMMARY: |
|
|
Total Estimated Cost |
|
$2,035,373 |
|
|
|
Funding |
|
|
Budgeted |
$1,831,663 |
|
New Funding |
$ |
|
Savings |
$ |
|
Other (Fleet fund) |
$ 203,710 |
|
Total Funding Available |
$2,035,373 |
|
Change To Net County Cost |
|
$0 |
Fiscal Impact/Change to Net County Cost: None - Funds to be transferred from reserves in the Fleet Internal Service Fund.
Background: The El Dorado County General Services Department coordinates fleet vehicle purchases for all El Dorado County Departments.
Reason for Recommendation: On November 14, 2006 the Board approved item 06-1808 approving the purchase of fleet vehicles. Within that item the increased appropriation was identified as $439,350 (presented as option 1), which included vehicles budgeted in FY 05/06 but not purchased within that budget cycle. Due to cost savings resulting from a reduction in the per unit vehicle costs together with an overall reduction in the number of vehicles purchased, current appropriations only need to be increased by $203,710 for Fiscal Year 06/07 to complete the purchases.
Action to be taken following Board approval: Upon approval by Board, budget transfer for $203,710 to be forwarded to Auditors Office for processing.
Contact: Chuck Harrell
Concurrences: