Title
Authorize the Auditor-Controller to transfer FY2015 - l6 General Fund 001 appropriations of $387,000 from County Counsel Enterprise Risk Appropriation Unit COU006, to County Counsel Appropriation Unit COU001 (4/5th vote required).
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors:
Authorize the Auditor-Controller to transfer FY2015 - l6 General Fund 001 appropriations of $387,000 from County Counsel Enterprise Risk Appropriation Unit COU006, to County Counsel Appropriation Unit COU001 (4/5th vote required).
SUMMARY:
The County Counsel's Office (Appropriations Unit COU00l) is projected to experience a departmental budget shortfall for Fiscal Year 2015 - 2016, and an appropriation transfer is needed to balance the Office budget for the Fiscal Year.
DISCUSSION:
Like last fiscal year's budget shortfall, the current projected budget shortfall is due to the transition to a substantially General Fund Contribution department rather than a primarily intra-fund transfer department. During this adjustment period revenues and intra-fund reimbursements have been overestimated and certain expenditures, such as vacation buy-back and pay-for-performance, were under-estimated, resulting in a budget shortfall.
OTHER AGENCY INVOLVEMENT:
The Budget Committee voted to support the action.
FINANCING:
Use of the unused appropriations in the Enterprise Risk program reduces potential year-end fund balance by $387,000.
Prepared by: Approved by:
___________________________________ ____________________________
Leslie J. Girard Date Charles J. McKee Date
Chief Assistant County Counsel, Ext. 5365 County Counsel, Ext. 5312
Attachments: [None]