Title
Adopt a Resolution to:
a. Receive a report on the financial condition of County Service Area 17 Rancho Tierra Grande and status of efforts to establish an annual assessment to fund County Service Area activated services;
b. Approve a no-interest loan from the County to County Service Area 17 with a three-year repayment term with payments to begin upon the establishment of an annual assessment for County Service Area 17;
c. Authorize the Chair of the Board to execute said Loan Agreement upon the establishment of an annual assessment for County Service Area 17;
d. Authorize the Auditor-Controller to amend the fiscal year 2022-23 adopted budget for County Service Area 17, Fund 057, Appropriation Unit PFP011, to increase appropriations by $20,977 where the financing sources are Unassigned Fund Balance of $2,910 (057-3101), increased revenues of $733 and an operating transfer in of $17,334 from Other Financing Uses, Budget Unit 8038, Fund 001, Appropriations Unit CAO017 (4/5th vote required);
e. Authorize the Auditor-Controller to amend the FY 2022-23 adopted budget, Other Financing Uses, Budget Unit 8038, Fund 001, Appropriation Unit CAO017, to increase appropriations by $17,334 financed by a decrease in appropriations in General Fund Contingencies, Budget Unit 8034, Fund 001, Contingencies Appropriation Unit CAO020 (4/5th vote required); and
f. Authorize the Auditor-Controller to transfer $17,334 for the FY 2022-23 from Other Financing Uses, Budget Unit 8038, Fund 001, Appropriation Unit CAO017, to County Service Area 17, Fund 057, Appropriation Unit PFP011 (4/5th vote required).
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors adopt a Resolution to:
a. Receive a report on the financial condition of County Service Area 17 Rancho Tierra Grande and status of efforts to establish an annual assessment to fund CSA activated services;
b. Approve a non-interest loan from the County to CSA 17 with a three-year repayment term with payments to beg...
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