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File #: 16-0179    Version: 1
Type: Agenda Item Status: Approved
File created: 2/19/2016 In control: Board of Supervisors
On agenda: 6/14/2016 Final action: 6/14/2016
Title: Community Development Agency, Administration and Finance Division, recommending the Board: 1) Approve and authorize the Chair to sign a budget transfer adjusting various program budgets for Fiscal Year 2015/16 to accommodate projected expenditures based on current projections. This is a standard annual process taken to accurately reflect adjustments noted during the mid-Fiscal Year period (total transfer: $16,764,292); and 2) Approve and authorize the Chair to sign a budget transfer increasing revenues and appropriations in the Fleet Service budget by $97,061 in order to reimburse Fleet Services for the purchase of three vehicles totaling $97,061 for the new resident deputy positions. (4/5 vote required) FUNDING: Various (see detail below).
Attachments: 1. A - CDA Midyear Budget Transfer - 06/14/16, 2. B - Sheriff Fleet Budget Transfer - 06/14/16
Title
Community Development Agency, Administration and Finance Division, recommending the Board:
1) Approve and authorize the Chair to sign a budget transfer adjusting various program budgets for Fiscal Year 2015/16 to accommodate projected expenditures based on current projections. This is a standard annual process taken to accurately reflect adjustments noted during the mid-Fiscal Year period (total transfer: $16,764,292); and
2) Approve and authorize the Chair to sign a budget transfer increasing revenues and appropriations in the Fleet Service budget by $97,061 in order to reimburse Fleet Services for the purchase of three vehicles totaling $97,061 for the new resident deputy positions. (4/5 vote required)

FUNDING: Various (see detail below).
Body
DEPARTMENT RECOMMENDATION
Community Development Agency, Administration and Finance Division, recommending the Board approve and authorize the Chair to sign a budget transfer adjusting various program budgets for Fiscal Year (FY) 2015/16 to accommodate projected expenditures based on current projections.

DISCUSSION / BACKGROUND

Community Development Agency Budget Transfer
As each fiscal year unfolds, actual activity can vary from the budget proposed by departments for a variety of reasons, including increased workload volume, unanticipated changes in project timing, award of grant funding, and refinement in funds available following the close of the prior fiscal year's accounting records. As standard practice, the Community Development Agency (CDA) proposes the Board make adjustments to its budget to best align with projected actual activity. The adjustments proposed maintain the total bottom line dollar amounts appropriated by the Board in its Adopted FY 2015/16 Budget.

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