Title
Chief Administrative Office recommending the Board approve and authorize the Chair to sign a budget transfer related to year end close issues. (4/5 vote required)
Body
DEPARTMENT RECOMMENDATION
Chief Administrative Office recommending the Board approve and authorize the Chair to sign a budget transfer related to year end close issues
DISCUSSION / BACKGROUND
The County is in the process of closing the FY 2014-15 books. The August 18, 2015 Board meeting will be the last opportunity for the Board to approve any required FY 2014-15 budget transfers. The Chief Administrative Office is requesting a place-holder for any necessary budget transfers. If a budget transfer is necessary, the Chief Administrative Office will report these in detail to the Board during the meeting.
ALTERNATIVES
N/A
OTHER DEPARTMENT / AGENCY INVOLVEMENT
N/A
CAO RECOMMENDATION
Chief Administrative Office recommending the Board approve and authorize the Chair to sign a budget transfer related to year end close issues.
FINANCIAL IMPACT
Depending on the nature of the budget transfer there may be a General Fund impact if General Fund Contingency needs to be used. The impact will be reported during the meeting if a budget transfer is necessary.
CLERK OF THE BOARD FOLLOW UP ACTIONS
Forward completed budget transfer to the Auditor-Controller for processing.
STRATEGIC PLAN COMPONENT
Good Governance
CONTACT
Laura Schwartz