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Health and Human Services Agency, Social Services and Community Services Divisions, recommending the Board authorize the Chair to sign a Budget Transfer transferring $116,963 of revenue from the Tobacco Settlement fund to the Accumulated Capital Outlay fund for building improvements and equipment purchases at 2900 Fairlane Court.
FUNDING: Tobacco Settlement Funding.
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BUDGET SUMMARY:
Total Estimated Cost $116,963
Funding
Budgeted $116,963
New Funding $
Savings $
Other $
Total Funding Available $116,963
Change To Net County Cost $NA
Fiscal Impact/Change to Net County Cost: There is no Net County Cost associated with this budget transfer request. This transfer will allow for expenditures associated with the building improvements at 2900 Fairlane Court to be accounted for under the ACO fund and capitalized in compliance with OMB A-87.
Reason for Recommendation: In March 2012 Health and Human Services Agency Public Housing Authority staff relocated to 2900 Fairlane Court, a County owned facility located under the Placerville Library. The Agency plans to move additional staff to this facility as part of an ongoing space management plan that will accommodate additional staff approved with the adoption of the FY 2011-12 budget and will eventually better co-locate various departmental functions and programs. Before additional staff can be moved to this facility, building improvements including the purchase of workstations, equipment and the installation of a security system, need to be completed.
Approval of this budget transfer request will allow this capital expenditure project to be tracked and capitalized in accordance with OMB A-87 requirements.
Action to be taken following Board approval:
1. Chair to sign the Budget Transfer Request.
2. Board Clerk's Office to forward signed Budget Transfer to Auditor-Controller's Office for processing.
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