Title
a. Support reallocating General Fund Strategic Reserves to provide advance funding to the Public Works, Facilities and Parks Department (PWFP) to complete the Fiscal Year (FY) 2022-23 Winter Storm Repair Projects to be repaid with reimbursements from the Federal Emergency Management Agency (FEMA) and other state and federal agencies;
b. Support authorizing the County Administrative Office (CAO) and Auditor-Controller to make fund balance designations in FY 2023-24 included in Attachment A; and
c. Support authorizing and directing the Auditor-Controller to amend the FY 2023-24 adopted budget by increasing appropriations and estimated revenues and making the appropriate transfers included in Attachment A.
Report
RECOMMENDATION:
It is recommended that the Budget Committee:
a. Support reallocating General Fund Strategic Reserves to provide advance funding to the Public Works, Facilities and Parks Department (PWFP) to complete the Fiscal Year (FY) 2022-23 Winter Storm Repair Projects to be repaid with reimbursements from the Federal Emergency Management Agency (FEMA) and other state and federal agencies;
b. Support authorizing the County Administrative Office (CAO) and Auditor-Controller to make fund balance designations in FY 2023-24 included in Attachment A; and
c. Support authorizing and directing the Auditor-Controller to amend the FY 2023-24 adopted budget by increasing appropriations and estimated revenues and making the appropriate transfers included in Attachment A.
SUMMARY:
The Board of Supervisors authorized the use of General Fund Strategic Reserves as the advanced funding source for the Fiscal Year (FY) 2022-23 Winter Storm Projects pending FEMA and other state and federal agency reimbursement. Projects that were not completed by June 30, 2023, were carried forward into FY 2023-24. Public Works, Facilities and Parks Department (PWFP) requests to carry over unused General Fund Strategic Reserve funds of $3,017,120 that were previously allocated ...
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