Title
Support authorizing and directing the Auditor-Controller to amend the Fiscal Year (FY) 2023-24 Adopted Budget for County Service Area 25-Carmel Valley Golf and Country Club (also known as Quail Lodge), Fund 062, Appropriation Unit PFP016, increasing appropriations and revenues by $48,580.
Report
RECOMMENDATION:
It is recommended that the Budget Committee:
Support authorizing and directing the Auditor-Controller to amend the Fiscal Year (FY) 2023-24 Adopted Budget for County Service Area 25-Carmel Valley Golf and Country Club (also known as Quail Lodge), Fund 062, Appropriation Unit PFP016, increasing appropriations and revenues by $48,580.
SUMMARY/DISCUSSION:
County Service Area 25 - Carmel Valley Golf & Country Club, also known as Quail Lodge (CSA 25) has incurred higher than budgeted costs due to the completion of a drainage analysis of the CSA, required due to significant open space flooding that occurred during winter storms over the last two years. The drainage analysis outlines existing storm drain systems, identifies drainage management areas tributary to each storm drain system, provides a hydraulic analysis of each system, and provides recommendations for drainage improvements within the CSA. Significant staff time was required to manage and assist with the development of this analysis.
OTHER AGENCY INVOLVEMENT:
PWFP coordinated this recommendation with the County Administrative Office Budget & Analysis Division.
FINANCING:
On July 25, 2023, a successful Proposition 218 election was held to establish an annual special assessment for CSA 25, which is estimated to increase revenues by $123,313. CSA 25 has incurred additional expenditures for drainage analysis, necessitating an increase in budget appropriations of $48,580. CSA 25 began the year with unassigned fund balance of $165,269, anticipated revenues of $169,627 and expenditures of $165,807 will increase the ending estimated fund balance to $169,090.
Prepared by: Lynette Redm...
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