Title
a. Support Board of Supervisors approval of a loan, to be repaid with interest, in the amount of $255,000 from the Capital Projects Fund, Fund 402-3000-8174-7614-RMA014 as an Operating Transfer Out to CSA 72-Las Palmas Ranch, Fund 091-3000-8198-RMA087 for a non-budgeted storm drain maintenance and cross connection projects (4/5th vote);
b. Support the Board of Supervisors approval of an increase in appropriations in the amount of $255,000 in Capital Projects Fund, Fund 402-3000-8174-7614-RMA014 Operating Transfer Out where the financing source is from Uncommitted Fund Balance (4/5th vote);
c. Support the Board of Supervisors acting as CSA 72-Las Palmas Ranch to increase appropriations in the amount of $300,512 with a corresponding increase in estimated revenues consisting of $255,000 as an Operating Transfer In from the Capital Projects Fund, Fund 402-3000-8174-7614-RMA014 and $45,512 from Unassigned Fund Balance in the FY 2015-16 Adopted Budget for CSA 72-Las Palmas Ranch, Fund 091-3000-8198-6311-RMA087 to fund storm drain maintenance and cross connection projects (4/5th vote), and;
d. Support authorizing the Auditor-Controller to incorporate approved appropriations and estimated revenue modifications to the Fiscal Year 2015-16 Budget.
Report
RECOMMENDATION:
It is recommended that the Budget Committee:
a. Support Board of Supervisors approval of a loan, to be repaid with interest, in the amount of $255,000 from the Capital Projects Fund, Fund 402-3000-8174-7614-RMA014 as an Operating Transfer Out to CSA 72-Las Palmas Ranch, Fund 091-3000-8198-RMA087 for a non-budgeted storm drain maintenance and cross connection projects (4/5th vote);
b. Support the Board of Supervisors approval of an increase in appropriations in the amount of $255,000 in Capital Projects Fund, Fund 402-3000-8174-7614-RMA014 Operating Transfer Out where the financing source is from Uncommitted Fund Balance (4/5th vote);
c. Support the Board of Supervisors acting ...
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