Title
a. Support reallocating General Fund Strategic Reserves to provide advance funding to the Public Works, Facilities and Parks Department (PWFP) to complete the Fiscal Year (FY) 2022-23 Winter Storm Repair Project at the 29 Bishop Pajaro Mansion to be repaid with reimbursements from the Federal Emergency Management Agency (FEMA) and other state and federal agencies, and accepting the return of unused General Fund Strategic Reserves for completed projects;
b. Support authorizing the County Administrative Office (CAO) and Auditor-Controller to make fund balance designations in FY 2024-25 included in Attachment A; and
c. Support authorizing and directing the Auditor-Controller to amend the FY 2024-25 adopted budget by increasing appropriations and releasing fund balance, and making the appropriate transfers included in Attachment A.
Report
RECOMMENDATION:
It is recommended that the Budget Committee:
a. Support reallocating General Fund Strategic Reserves to provide advance funding to the Public Works, Facilities and Parks Department (PWFP) to complete the Fiscal Year (FY) 2022-23 Winter Storm Repair Project at the 29 Bishop Pajaro Mansion to be repaid with reimbursements from the Federal Emergency Management Agency (FEMA) and other state and federal agencies, and accepting the return of unused General Fund Strategic Reserves for completed projects;
b. Support authorizing the County Administrative Office (CAO) and Auditor-Controller to make fund balance designations in FY 2024-25 included in Attachment A; and
c. Support authorizing and directing the Auditor-Controller to amend the FY 2024-25 adopted budget by increasing appropriations and releasing fund balance, and making the appropriate transfers included in Attachment A.
SUMMARY:
The Board of Supervisors previously approved the use of General Fund Strategic Reserves to advance funding for FY 2022-23 Winter Storm Projects, pending reimbursement from FEMA and other state or federal agencies. Projects not co...
Click here for full text