File #: 15-0904    Name: Adopt and Fund Economic Strategic Plan
Type: General Agenda Item Status: Passed
File created: 8/11/2015 In control: Board of Supervisors
On agenda: 8/25/2015 Final action: 8/25/2015
Title: a. Receive and consider adoption of the Economic Development Strategic Plan as recommended by the Board's Economic Opportunity Committee; b. Approve a recommendation by the Board's Economic Opportunity Committee for a Budget Adjustment for FY 2015-16 in the amount of $200,000 to the Baseline Budget to Fund 001 and Appropriation Unit DEO001-8221, the Economic Development Department Budget, to implement the Economic Strategic Plan FY 2015-16; c. Approve and authorize the Auditor-Controller to amend the FY 2015-16 Adopted Budget, Fund 001, Appropriation Unit DEO001-8221, to increase appropriation by $200,000, financed by an operating transfer of $200,000 from CAO020-8034, the CAO-General Fund Contingencies, Fund 001 (4/5ths vote required); d. Approve and authorize the Auditor-Controller to transfer $200,000 for the FY 2015-16 Adopted Budget from CAO-General Fund Contingencies, Fund 001, Appropriation Code CAO020-8034 to the Economic Development Department, Fund 001, Appropriation...
Attachments: 1. Board Report, 2. Attachment A Economic Development Department Expenditures for FY 2015-16, 3. Attachment B SRI Economic Strategy Plan, 4. Attachment C SRI Economic Opportunity Pillar and Indexes PowerPoint Presentation, 5. Attachment D Provided by CAO Budget Staff, 6. Completed Board Order
Title
a. Receive and consider adoption of the Economic Development Strategic Plan as recommended by the Board's Economic Opportunity Committee;
b. Approve a recommendation by the Board's Economic Opportunity Committee for a Budget Adjustment for FY 2015-16 in the amount of $200,000 to the Baseline Budget to Fund 001 and Appropriation Unit DEO001-8221, the Economic Development Department Budget, to implement the Economic Strategic Plan FY 2015-16;
c. Approve and authorize the Auditor-Controller to amend the FY 2015-16 Adopted Budget, Fund 001, Appropriation Unit DEO001-8221, to increase appropriation by $200,000, financed by an operating transfer of $200,000 from CAO020-8034, the CAO-General Fund Contingencies, Fund 001 (4/5ths vote required);
d. Approve and authorize the Auditor-Controller to transfer $200,000 for the FY 2015-16 Adopted Budget from CAO-General Fund Contingencies, Fund 001, Appropriation Code CAO020-8034 to the Economic Development Department, Fund 001, Appropriation Unit DEO001-8221 (4/5ths vote required).
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors:
a. Receive and consider adoption of the Economic Development Strategic Plan as recommended by the Board's Economic Opportunity Committee;
b. Approve a recommendation by the Board's Economic Opportunity Committee for a Budget Adjustment for FY 2015-16 in the amount of $200,000 to the Baseline Budget to Fund 001 and Appropriation Unit DEO001-8221, the Economic Development Department Budget, to implement the Economic Strategic Plan FY 2015-16;
c. Approve and authorize the Auditor-Controller to amend the FY 2015-16 Adopted Budget, Fund 001, Appropriation Unit DEO001-8221, to increase appropriation by $200,000, financed by an operating transfer in of $200,000 from CAO020-8034, the CAO-General Fund Contingencies, Fund 001 (4/5ths vote required);
d. Approve and authorize the Auditor-Controller to transfer $200,000 for the FY 2015-16 Adopted Budget from CAO-Gener...

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