Title
a. Approve Budget Amendment No. 7 for the Monterey County Water Resources Agency, a necessary transaction to match the FY 2015-16 budgeted labor allocations in Fund 111-Administration Account for the remainder of the fiscal year;
b. Authorize the Auditor-Controller to amend the Monterey County Water Resources Agency’s FY 2015-16 Adopted Budget for the following Agency Funds and their Appropriation Units: 112 - Pajaro WRA002; 113- County Wide WRA003; 114 - Nacimiento Non-Operations & Maintenance WRA004; 116 - Dam Operations WRA006; 117 - Lower Salinas River WRA007; 118 - Merritt Lake WRA008; 119 - CSIP WRA009; 120 - North Monterey County WRA010; 121 - Soledad Storm Drain WRA 011; 122 - Reclamation Ditch WRA012; 124 - San Lorenzo Creek WRA 014; 126 - Carnation Subdivision WRA016; 127 - Moro Cojo Slough WRA 017; 128 - Storm Drain WRA 018; 129 - Gonzales Slough WRA019; 130 - Nacimiento Hydro WRA022; 131 CSIP Operations & Maintenance WRA020; 134 - Salinas River Diversion Facility WRA028; for a total increase in appropriations in the amount of $759,707, financed by each fund’s individual fund balance - see Attachment 1 (4/5th vote required); and
c. Authorize the Auditor-Controller to amend the Monterey County Water Resources Agency’s FY 2015-16 Adopted Budget for Fund 115 San Antonio Non-Operations & Maintenance, Appropriation Unit WRA005, to increase revenue by $275,260 and appropriations by $165,658 (4/5th vote required).
Report
RECOMMENDATION:
It is recommended that the Monterey County Water Resources Board of Supervisors:
a. Authorize the Auditor-Controller to amend the FY 2015-16 Fund 112 Pajaro Adopted Budget, appropriation Unit WRA002, to increase appropriations by $27,670 financed by unassigned fund balance; (4/5th Vote required)
b. Authorize the Auditor-Controller to amend the FY 2015-16 Fund 113 CW Adopted Budget, appropriation Unit WRA003, to increase appropriations by $74,820 financed by unassigned fund balance; (4/5th Vote required)
c. Authorize the Auditor-Controller to amend the FY 2015-16 Fund 114 Naci Non-O&M Adopted Budget, appropriation Unit WRA004, to increase appropriations by $33,589 financed by unassigned fund balance; (4/5th Vote required)
d. Authorize the Auditor-Controller to amend the FY 2015-16 Fund 116 Dam Operations Adopted Budget, appropriation Unit WRA006, to increase appropriations by $182,455 financed by unassigned fund balance; (4/5th Vote required)
e. Authorize the Auditor-Controller to amend the FY 2015-16 Fund 117 L.Salinas River Adopted Budget, appropriation Unit WRA007, to increase appropriations by $3,141 financed by unassigned fund balance; (4/5th Vote required)
f. Authorize the Auditor-Controller to amend the FY 2015-16 Fund 118 Merritt lake Adopted Budget, appropriation Unit WRA008, to increase appropriations by $2,477 financed by unassigned fund balance; (4/5th Vote required)
g. Authorize the Auditor-Controller to amend the FY 2015-16 Fund 119 CSIP Adopted Budget, appropriation Unit WRA009, to increase appropriations by $15,326 financed by unassigned fund balance; (4/5th Vote required)
h. Authorize the Auditor-Controller to amend the FY 2015-16 Fund 120 N. Monterey Cty Adopted Budget, appropriation Unit WRA010, to increase appropriations by $341
financed by unassigned fund balance; (4/5th Vote required)
i. Authorize the Auditor-Controller to amend the FY 2015-16 Fund 121 Soledad Storm Drain Adopted Budget, appropriation Unit WRA011, to increase appropriations by $5,984 financed by unassigned fund balance; (4/5th Vote required)
j. Authorize the Auditor-Controller to amend the FY 2015-16 Fund 122 Reclamation Ditch Adopted Budget, appropriation Unit WRA012, to increase appropriations by $88,869 financed by unassigned fund balance; (4/5th Vote required)
k. Authorize the Auditor-Controller to amend the FY 2015-16 Fund 124 San Lorenzo Creek Adopted Budget, appropriation Unit WRA014, to increase appropriations by $2,285 financed by unassigned fund balance; (4/5th Vote required)
l. Authorize the Auditor-Controller to amend the FY 2015-16 Fund 126 Carnation Sub-division Adopted Budget, appropriation Unit WRA016, to increase appropriations by $466 financed by unassigned fund balance; (4/5th Vote required)
m. Authorize the Auditor-Controller to amend the FY 2015-16 Fund 127 Moro Cojo Adopted Budget, appropriation Unit WRA017, to increase appropriations by $35,293 financed by unassigned fund balance; (4/5th Vote required)
n. Authorize the Auditor-Controller to amend the FY 2015-16 Fund 128 Storm Drain Adopted Budget, appropriation Unit WRA018, to increase appropriations by $1,175 financed by unassigned fund balance; (4/5th Vote required)
o. Authorize the Auditor-Controller to amend the FY 2015-16 Fund 129 Gonzales Slough Adopted Budget, appropriation Unit WRA019, to increase appropriations by $366 financed by unassigned fund balance; (4/5th Vote required)
p. Authorize the Auditor-Controller to amend the FY 2015-16 Fund 130 Naci Hydro Adopted Budget, appropriation Unit WRA019, to increase appropriations by $20,359 financed by unassigned fund balance; (4/5th Vote required)
q. Authorize the Auditor-Controller to amend the FY 2015-16 Fund 131 CSIP O&M Adopted Budget, appropriation Unit WRA020, to increase appropriations by $75,049 financed by unassigned fund balance; (4/5th Vote required)
r. Authorize the Auditor-Controller to amend the FY 2015-16 Fund 134 SRDF Adopted Budget, appropriation Unit WRA028, to increase appropriations by $54,386 financed by unassigned fund balance; (4/5th Vote required)
s. Authorize the Auditor-Controller to amend the FY 2015-16 Fund 115 San Antonio Non-O&M Adopted Budget, appropriation Unit WRA005, to increase revenue by $275,260 and appropriations by 165,658; (4/5th Vote required)
SUMMARY/DISCUSSION:
The Agency’s FY 2015-16 Adopted Fund 111- Administration Budget is $7.9 million. This Fund receives no revenue. Instead, it charges all other Agency funds’ salaries, benefits, and an allocation of the total budgeted amount of $7.9 million. However, the internal calculation that allocates the total budgeted amount in Fund 111 to the other Agency Funds was set at the prior year FY 2014-15 budgeted total of $7.3 million. This transaction increases appropriations in all funds to mirror the correct budgeted amount of $7.9 million in Fund 111 for the remaining fiscal year.
OTHER AGENCY INVOLVEMENT:
The Budget Committee supported this recommended action at its meeting on April 27, 2016.
Due to the late submission of the report, the CAO Budget and Analysis division was not provided adequate time to review for potential fiscal, organizational, policy or other implications to the County of Monterey.
FINANCING:
This transaction is needed to ensure that there are sufficient appropriations in each of the Funds that receive an allocation from Fund 111 Administration during the remainder of FY 2015-16.
Prepared by: Cathy Paladini, Finance Manager, (831) 755-4861
Approved by:
David E. Chardavoyne, General Manager, (831) 755-4860
Attachments:
1. Attachment #1 Budget Amendment #7
2. Attachment #2 Summary of 2015-16 Budget Revision #7