File #: RES 22-124    Name: Revenue Bonds Budget Final
Type: BoS Resolution Status: Passed
File created: 6/9/2022 In control: Board of Supervisors
On agenda: 6/21/2022 Final action: 6/21/2022
Title: a. Adopt a resolution to adopt the County of Monterey Chualar Assessment Bond and Boronda County Sanitation District Revenue Bond budgets for Fiscal Year 2021-22; b. Authorize and direct the Auditor-Controller to amend the Fiscal Year 2021-22 Adopted Budget to: 1) Increase appropriations and revenues in the Chualar Assessment Bond, Fund 312, Appropriation Unit PFP051 by $15,709, and 2) Increase appropriations in the Boronda County Sanitation District Revenue Bond, Fund 306, Appropriation Unit PFP052 by $38,850, funded by an operating transfer in from Boronda County Sanitation District, Fund 156, Appropriation Unit PFP049 of $38,350, and unassigned fund balance of $500 (Fund 306, BSA 3101) (4/5th vote required); and c. Authorize and direct the Auditor-Controller to transfer $38,350 for the Fiscal Year 2021-22 from Boronda County Sanitation District, Fund 156, Appropriation Unit PFP049, to Boronda County Sanitation District Revenue Bond, Fund 306, Appropriation Unit PFP052, where Boron...
Attachments: 1. Board Report, 2. Attachment A - Proposed FY 2021-22 Budget, Chualar Assessment Bond, 3. Attachment B - Proposed FY 2021-22 Budget, Boronda County Sanitation District, 4. Attachment C - Draft Resolution, 5. Completed Board Order Item No. 99, 6. Completed Resolution Item No. 99
Title
a. Adopt a resolution to adopt the County of Monterey Chualar Assessment Bond and Boronda County Sanitation District Revenue Bond budgets for Fiscal Year 2021-22;
b. Authorize and direct the Auditor-Controller to amend the Fiscal Year 2021-22 Adopted Budget to: 1) Increase appropriations and revenues in the Chualar Assessment Bond, Fund 312, Appropriation Unit PFP051 by $15,709, and 2) Increase appropriations in the Boronda County Sanitation District Revenue Bond, Fund 306, Appropriation Unit PFP052 by $38,850, funded by an operating transfer in from Boronda County Sanitation District, Fund 156, Appropriation Unit PFP049 of $38,350, and unassigned fund balance of $500 (Fund 306, BSA 3101) (4/5th vote required); and
c. Authorize and direct the Auditor-Controller to transfer $38,350 for the Fiscal Year 2021-22 from Boronda County Sanitation District, Fund 156, Appropriation Unit PFP049, to Boronda County Sanitation District Revenue Bond, Fund 306, Appropriation Unit PFP052, where Boronda County Sanitation District has sufficient appropriations available in the adopted budget to cover the transfer. (4/5th vote required).
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors:
a. Adopt the County of Monterey Chualar Assessment Bond and Boronda County Sanitation District Revenue Bond budgets for Fiscal Year 2021-22;
b. Authorize and direct the Auditor-Controller to amend the Fiscal Year 2021-22 Adopted Budget to: 1) Increase appropriations and revenues in the Chualar Assessment Bond, Fund 312, Appropriation Unit PFP051 by $15,709, and 2) Increase appropriations in the Boronda County Sanitation District Revenue Bond, Fund 306, Appropriation Unit PFP052 by $38,850, funded by an operating transfer in from Boronda County Sanitation District, Fund 156, Appropriation Unit PFP049 of $38,350, and unassigned fund balance of $500 (Fund 306, BSA 3101) (4/5th vote required); and
c. Authorize and direct the Auditor-Controller to transfer $38,350 for the...

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