Title
a. Approve a proposal to modify the Water Resources Agency's Organization Fund Structure for Fiscal Year (FY) 2018-19 to provide more transparency and simplicity in how revenues and expenditures are reported in the Agency's Budget, as well as using Enterprise Resources Planning (ERP) Advantage System fully within the County of Monterey, a change which was recommended by Rodney Craig Goodman Jr., CPA and the County Auditor-Controller's Office;
b. Authorize the Auditor-Controller to create a General Administration Fund 111 by combining the following Agency Funds: 111, 113, 114, 115, 117, 118, 120, 123, 125, 126, 128, and 129, financed by the following revenue type: Ad Valorem (Property) taxes, Royalties, Planning and Engineering Fees, Rent and Concessions, and Permit fees;
c. Authorize the Auditor-Controller to eliminate the following revenue transfer funds: Fund 119 - Water Resources Zone # 6 2B, Fund 133 - Salinas Valley Water Project Revenue, and Fund 303 - CSIP Debt Service Fund;
d. Authorize the Auditor-Controller to transfer the remaining balances from Fund 422 - Nacimiento Spillway Modification Construction, Fund 423 - Diversion Facility Construction, and Fund 425 -Salinas Valley Water Project (SVWP) to Fund 313 - Debt Service Fund for the SVWP Bond; and
e. Authorize the Auditor-Controller and County Administrative Budget Office to reflect these changes in the FY 2018-19 Budget process.
Report
RECOMMENDATION:
It is recommended that the Monterey County Water Resources Agency Board of Supervisors:
a. Approve a proposal to modify the Water Resources Agency's Organization Fund Structure for Fiscal Year (FY) 2018-19 to provide more transparency and simplicity in how revenues and expenditures are reported in the Agency's Budget, as well as using Enterprise Resources Planning (ERP) Advantage System fully within the County of Monterey, a change which was recommended by Rodney Craig Goodman Jr., CPA and the County Auditor-Controller's Office; and
b....
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