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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
Henningson Lotus Park                        $50,000            $25,000 in ACO funds from Countywide Parking Lot Improvements out of Facility budget and                                                 $25,000 in fund balance from the HLP special revenue fund
South Lake Tahoe Playground                  $3,729            CSA #3 Park Administration funds and Quimby Tahoe funds
Parks & Recreation Master Plan East Slope      $50,000            General Fund Contingency
Chili Bar Masterplan                        $60,000            General Fund Contingency
Pollock Pines/Camino Park                  $5,000            Quimby funds and CSA #9 Pollock Pines/Camino funds      
 
This agenda item brings forward the budget transfer appropriating these funds to allow staff to move forward with these projects.
 
 
Action to be taken following Board approval:
Auditor-Controller will process budget transfer and staff will begin working on projects noted above.
 
Contact: Vickie Sanders 621-7538