Title
a. Support request to approve an increase in appropriations in the amount of $18,476 in the Fiscal Year 2015-16 Adopted Budget for County Service Area 15 - Serra Village/Toro Park, Fund 056-3000-8198-RMA052, where the financing source is Unassigned Fund Balance, to fund increased operations and maintenance costs, administration and CSA shared costs; and
b. Support request to authorize the Auditor-Controller to amend the budget for County Service Area 15 - Serra Village/Toro Park, Fund 056-3000-8198-RMA052, for Fiscal Year 2015-16 by increasing appropriations in the amount of $18,476 where fund 056 Unassigned Fund Balance is the financing source to balance the appropriation increase.
Report
RECOMMENDATION:
It is recommended that the Budget Committee:
a. Support request to approve an increase in appropriations in the amount of $18,476 in the Fiscal Year 2015-16 Adopted Budget for County Service Area 15 - Serra Village/Toro Park, Fund 056-3000-8198-RMA052, where the financing source is Unassigned Fund Balance, to fund increased operations and maintenance costs, administration and CSA shared costs; and
b. Support request to authorize the Auditor-Controller to amend the budget for County Service Area 15 - Serra Village/Toro Park, Fund 056-3000-8198-RMA052, for Fiscal Year 2015-16 by increasing appropriations in the amount of $18,476 where fund 056 Unassigned Fund Balance is the financing source to balance the appropriation increase.
SUMMARY/DISCUSSION:
County Service Area 15 - Serra Village/Toro Park (CSA 15) was formed in 1962 to provide street lighting, stormwater, and parks and open space maintenance in Toro Park and Serra Village. This CSA is approximately 404 acres and is located on the western side of Highway 68 between River Road and San Benancio intersections.
Revenue is provided by annual assessments on 813 parcels and AB 8 funds from general property tax. The estimated annual revenue for Fiscal Year (FY) 2015-16 is project...
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