Title
Augment, clarify, and correct a typographical error in the Board Order 16-301 dated March 15, 2016, based upon Board Report 16-301, increasing appropriations of $394,000 for Fiscal Year (FY) 2015-16 adopted budget (003), financed by a transfer from unassigned Library Fund Balance (BSA 3101), as follows:
a. Authorize the Auditor-Controller to amend the FY 2015-16 Library adopted budget, Fund 003, Appropriation Unit LIB001, to increase appropriation by $394,000, financed by Library Fund 003 Unassigned Fund Balance BSA 3101 (4/5th vote required).
b. Authorize the Auditor-Controller to make an operating transfer out of $258,000 for the FY 2015-16 from Library Fund 003, Appropriation LIB001, to Facilities Project Fund 401, Appropriation RMA004 for the San Lucas Library project (4/5th vote required).
Report
RECOMMENDATION:
1. Augment, Clarify, and correct a typographical error in the Board Order 16-301 dated March 15, 2016, based upon Board Report 16-301, increasing appropriations of $394,000 for Fiscal Year (FY) 2015-16 adopted budget (003), financed by a transfer from unassigned Library Fund Balance (BSA 3101), as follows:Authorize the Auditor-Controller to amend the FY 2015-16 Library adopted budget, Fund 003, Appropriation Unit LIB001, to increase appropriation by $394,000, financed by Library Fund 003 Unassigned Fund Balance BSA 3101 (4/5th vote required).
Authorize the Auditor-Controller to make an operating transfer out of $258,000 for the FY 2015-16 from Library Fund 003, Appropriation LIB001, to Facilities Project Fund 401, Appropriation RMA004 for the San Lucas Library project (4/5th vote required).
SUMMARY/DISCUSSION:
On March 15, 2016, the Board considered and approved matter 16-301, which authorized the transfer of funds held by the Monterey County Free Libraries (MCFL) Fund in an amount of $394,000 from the MCFL non-general contribution account to other MCFL and accounts maintained by the County Resource Management Agency, Publi...
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