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File #: 11-1243    Version:
Type: Agenda Item Status: Approved
File created: 10/25/2011 In control: Board of Supervisors
On agenda: 5/1/2012 Final action: 5/1/2012
Title: Chief Administrative Office recommending the Board approve a budget transfer increasing use of fund balance by $33,728.97, moving $40,000 in Accumulative Capital Outlay revenue from Facilities Capital Projects to Parks projects, decreasing General Fund contingency by $110,000 and increasing the Parks budget by $183,728.97 for parks projects approved on November 1, 2011. (4/5 vote required) (Refer 11/1/11, Item 20) FUNDING: Accumulative Capital Outlay Fund ($40,000), General Fund Contingency ($110,000), Henningson Lotus Park Fees ($25,000), Quimby Fees ($4,007), CSA No. 3 Park Administration Fees ($3,267), CSA No. 9 Pollock Pines/Camino Rec ($1,454).
Attachments: 1. 3A - Budget Transfer.pdf, 2. 2A - Budget Transfer.pdf, 3. A - Parks presentation 11-1-11. v2.pdf
Title
Chief Administrative Office recommending the Board approve a budget transfer increasing use of fund balance by $33,728.97, moving $40,000 in Accumulative Capital Outlay revenue from Facilities Capital Projects to Parks projects, decreasing General Fund contingency by $110,000 and increasing the Parks budget by $183,728.97 for parks projects approved on November 1, 2011. (4/5 vote required) (Refer 11/1/11, Item 20)

FUNDING: Accumulative Capital Outlay Fund ($40,000), General Fund Contingency ($110,000), Henningson Lotus Park Fees ($25,000), Quimby Fees ($4,007), CSA No. 3 Park Administration Fees ($3,267), CSA No. 9 Pollock Pines/Camino Rec ($1,454).
Body
BUDGET SUMMARY:
Total Estimated Cost $183,728.97

Funding
Budgeted $40,000
New Funding $33,728.97
Savings $
Other - GF Contingency $110,000
Total Funding Available $
Change To Net County Cost $110,000

Fiscal Impact/Change to Net County Cost: The budget transfer increases use of fund balance in the Henningson Lotus Park Special Revenue Fund by $25,000, increases use of fund balance in the CSA #3 Park Administration account by $3,267.21, increases us of fund balance in the Quimby Tahoe account by $461.76, increases use of fund balance in the Quimby Pollock Pines/Camino account by $3,545,65, increase the use of fund balance in the CSA #9 Pollock Pines/Camino Rec account by $1,454.35, decreases General Fund contingency by $110,000, shifts funding and appropriations of $40,000 from the Facilities Capital Projects budget to the Parks budget, and increases appropriations in the Parks budget by $183,728.97.


Background:
On November 1, 2011, the Board of Supervisors approved six additional parks projects the following projects:

Project Amount Recommended Funding Source
Bass Lake Park $15,000 ACO funds from Countywide Special Projects out of Facility budget
Hen...

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