Title
Receive a report on the financial condition report of County Service Area 17 - Rancho Tierra Grande. Support a budget amendment to increase appropriations by $20,977 to complete an Engineer's Report and subsequent Proposition 218 election required to establish an annual assessment to fund services, including open space and storm drainage maintenance.
Report
RECOMMENDATION:
It is recommended that the Budget Committee support that the Board of Supervisors:
a. Receive a report on the financial condition of County Service Area 17 Rancho Tierra Grande and status of efforts to increase annual assessments;
b. Support authorizing the Auditor-Controller to amend the fiscal year 2022-23 adopted budget for CSA 17, Fund 057, Appropriation Unit PFP011, to increase appropriations by $20,977, where the financing sources are Unassigned Fund Balance of $2,910 (057-3101), increased revenues of $733, and an operating transfer in of $17,334 from General Fund, Fund 001, Other Financing Uses, Appropriation Unit CAO017;
c. Support authorizing the Auditor-Controller to amend the FY 2022-23 adopted budget, General Fund, Fund 001, Other Financing Uses Appropriation Unit CAO017, to increase appropriations by $17,334, financed by either Cannabis Tax Assignment (001-3132) or a decrease in appropriations in General Fund, Fund 001, Contingencies Appropriation Unit CAO020; and
d. Support authorizing the Auditor-Controller to transfer $17,334 for the FY 2022-23 from General Fund, Fund 001, Other Financing Uses CAO017, to CSA 17, Fund 057, Appropriation Unit PFP011, where General Fund Other Financing Uses has sufficient appropriations available to fund the transfer.
SUMMARY/DISCUSSION:
County Service Area 17 Rancho Tierra Grande (CSA 17) was formed in 1963 to include the Rancho Tierra subdivision, located north of the intersection of Tierra Grande Drive and Carmel Valley Road. The Mercurio subdivision was annexed into CSA 17 on August 26, 1980. Current active services for CSA 17 are li...
Click here for full text