Title
a. Support authorizing and directing the Auditor-Controller to make the following amendments to the Fiscal Year (FY) 2025-26 Adopted Budget and related transfers:
1. Increase appropriations by $806,293 in Building Improvement and Replacement Fund 478-BIR, Appropriation Unit CAO047, financed by Unrestricted Net Position (478-BIR 3202);
2. Increase appropriation by $806,293 in General Fund 001, Facility Services Appropriation Unit PFP054, financed by an operating transfer in of $806,293 from Building Improvement and Replacement Fund 478-BIR, Appropriation Unit CAO047; and
3. Transfer $806,293 from the Building Improvement and Replacement Fund 478-BIR, Appropriation Unit CAO047 to General Fund 001, Facility Services Appropriation Unit PFP054.
Report
RECOMMENDATION:
It is recommended that the Budget Committee:
a. Support authorizing and directing the Auditor-Controller to make the following amendments to the Fiscal Year (FY) 2025-26 Adopted Budget and related transfers:
1. Increase appropriations by $806,293 in Building Improvement and Replacement Fund 478-BIR, Appropriation Unit CAO047, financed by Unrestricted Net Position (478-BIR 3202);
2. Increase appropriation by $806,293 in General Fund 001, Facility Services Appropriation Unit PFP054, financed by an operating transfer in of $806,293 from Building Improvement and Replacement Fund 478-BIR, Appropriation Unit CAO047; and
3. Transfer $806,293 from the Building Improvement and Replacement Fund 478-BIR, Appropriation Unit CAO047 to General Fund 001, Facility Services Appropriation Unit PFP054.
SUMMARY:
Public Works, Facilities and Parks (PWFP) requests approval to roll over $806,293 in remaining FY 2024-25 funds from the Building Improvement and Replacement Fund for fourteen ongoing facility maintenance projects. The request aligns appropriations and revenues for FY 2025-26 without increasing overall project budgets or requiring additional General Fund support.
DISCUSSION:
PWFP is the lead for ma...
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