Title
Acting on behalf of County Service Area No. 15:
a. Approve an increase in appropriations in the amount of $21,000 in the FY 2014-15 Adopted Budget for County Service Area No. 15 - Toro Park and Serra Village Fund 056-3000-8198-6881-RMA052, where the financing source is Uncommitted Fund Balance, to pay for utility costs (4/5th vote required); and
b. Authorize the Auditor-Controller to amend the budget for County Service Area No. 15 - Toro Park and Serra Village Fund 056-3000-8198-6881- RMA052, for FY 2014-15 by increasing appropriations in the amount of $21,000 where RMA056 Unassigned Fund Balance is the financing source to balance the appropriation increase.
Report
RECOMMENDATIONS:
It is recommended that the Board of Supervisors acting on behalf of County Service Area No. 15 - Toro Park and Serra Village:
a. Approve an increase in appropriations in the amount of $21,000 in the FY 2014-15 Adopted Budget for County Service Area No. 15 - Toro Park and Serra Village Fund 056-3000-8198-6881-RMA052, where the financing source is Uncommitted Fund Balance, to pay for utility costs (4/5th vote required); and
b. Authorize the Auditor-Controller to amend the budget for County Service Area No. 15 - Toro Park and Serra Village Fund 056-3000-8198-6881-RMA052, for FY 2014-15 by increasing appropriations in the amount of $21,000 where RMA056 Unassigned Fund Balance is the financing source to balance the appropriation increase.
SUMMARY/DISCUSSION:
In June, 2014, the Board of Supervisors adopted a budget for CSA No. 15 - Toro Park and Serra Village. The requested appropriations are needed to pay for electric, water, and dumpster rental costs that have exceeded budget estimates.
Original
Budget Increase Total
Electric $15,075 $10,265 $25,340
Water $17,634 $ 9,026 $26,660
Dumpster Rental $ 4,291 $ 1,709 $ 6,000
Total $37,000 $21,000 $58,000
The electrical costs are for PG&E street lighting and the original budget underestimated the...
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