Title
Chief Administrative Office recommending the Board approve two sets of amendments to the Fiscal Year 2019-20 budget to reflect the Board’s direction on November 19, 2019 regarding the use of General Fund contingency as well as corrections related to final FY 2018-19 Year End Close information. (4/5 vote required)
FUNDING: General Fund.
Body
DISCUSSION/BACKGROUND
On November 19, 2019, with Legistar item 19-1601, the Board provided conceptual approval for the use of general fund contingency as outlined in attachment A. The conceptual approval included:
- $4,289,600 to the ACO fund
- $1,340,692 in Excess Transient Occupancy Tax Economic Development Funding
o $848,353 designation to Economic Development Special Projects
o $226,600 to the Fair Association for fairground improvements
o $265,739 to the Veterans Affairs Commission for Grants
- $1,263,543 in Other Priority Expenditures
o $22,543 funding for the University of California Cooperative Extension (UCCE)
o $1,241,000 designation for the Industrial Drive Intersection Project
- $369,000 in already approved Planning and Building Department staffing
The Board has approved the budget transfers for the ACO fund projects, Veterans Affairs Commission, and Planning and Building staffing. The attached budget transfer moves the remaining items into the designations and special projects outlined in the conceptual approval.
The budget transfer moves the remaining $28,299 of general fund contingency from one Non-Departmental org code to another to be consistent with prior practice. The funds were placed in org code 1560600 Non-Departmental Expenses when they should reside in 1530300, Non-Departmental Appropriation for Contingency.
Additionally on November 19, 2019, with Legistar item 19-1601, the Board approved three amendments to the FY 2019-20 budget to (a) reflect one entry to the financial system for a technical correction to the stated General Fund Designation for Road Infrastructure and Fund Balance pursuan...
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