Title
Acting on behalf of County Service Area 75- Chualar:
a. Accept a report on the financial condition of County Service Area (CSA) 75 - Chualar;
b. Authorize the Auditor-Controller to amend the budget for CSA 75 - Chualar, Fund 093, Appropriation Unit RMA088, for FY 2011-12 by increasing appropriations by $131,855 and estimated revenues in the amount of $183,468 for emergency repairs and rate study consulting costs (4/5th vote required);
c. Authorize the Auditor-Controller to permit an Operating Transfer out up to the amount of $183,468 from Capital Projects Fund 402, 3101 Unreserved Fund Balance to Fund 093, CSA75 - Chualar, as a loan to be repaid with Interest; and
d. Authorize the Auditor-Controller’s Office to incorporate approved appropriation and estimated revenue modifications to the FY 2011-12 Budget (4/5th vote required).
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RECOMMENDATIONS:
It is recommended that the Board of Supervisors acting on behalf of County Service Area 75- Chualar:
a. Accept a report on the financial condition of County Service Area (CSA) 75 - Chualar;
b. Authorize the Auditor-Controller to amend the budget for CSA 75 - Chualar, Fund 093, Appropriation Unit RMA088, for FY 2011-12 by increasing appropriations by $131,855 and estimated revenues in the amount of $183,468 for emergency repairs and rate study consulting costs (4/5th vote required);
c. Authorize the Auditor-Controller to permit an Operating Transfer out up to the amount of $183,468 from Capital Projects Fund 402, 3101 Unreserved Fund Balance to Fund 093, CSA75 - Chualar, as a loan to be repaid with Interest; and
d. Authorize the Auditor-Controller’s Office to incorporate approved appropriation and estimated revenue modifications to the FY 2011-12 Budget (4/5th vote required).
SUMMARY/DISCUSSION:
County Service Area (CSA) 75 - Chualar was first established as a consolidation of prior agencies that served the community and currently provides the following services: 1) Lighting, 2) Storm Drain and Surfa...
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