Title
Adopt a Resolution to:
a. Authorize the Auditor-Controller to amend the FY 2018-19 Adopted Budget, increasing appropriations by $5,340,441 in Other Financing Uses, 1050-8038-CAO017-7614, where the financing source is the release of $2,184,878 from the Capital Projects Assignment (BSA 001-3123) and $3,155,563 from the NGEN Radio Assignment (BSA 001-3122) to fund a $5,340,441 cash deficit in Resource Planning Fund 478 (4/5th vote required); and
b. Authorize the Auditor-Controller to transfer $5,340,441 from Other Financing Uses, 1050-8038-CAO017-7614 to Enterprise Resource Planning, 1110-8479-AUD008-5940 (4/5th vote required).
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors adopt a Resolution to:
a. Authorize the Auditor-Controller to amend the FY 2018-19 Adopted Budget, increasing appropriations by $5,340,441 in Other Financing Uses, 1050-8038-CAO017-7614, where the financing source is the release of $2,184,878 from the Capital Projects Assignment (BSA 001-3123) and $3,155,563 from the NGEN Radio Assignment (BSA 001-3122) to fund a $5,340,441 cash deficit in Resource Planning Fund 478 (4/5th vote required); and
b. Authorize the Auditor-Controller to transfer $5,340,441 from Other Financing Uses, 1050-8038-CAO017-7614 to Enterprise Resource Planning, 1110-8479-AUD008-5940 (4/5th vote required).
SUMMARY:
The release of assignments from Capital Projects ($2,184,878) and NGEN Radio ($3,155,563) will fund an estimated $5,340,441 cash deficit in the Resource Planning Fund 478 due to a cost overrun of the ERP upgrade project.
DISCUSSION:
The Auditor-Controller presented an ERP Upgrade Project status report to the Budget Committee on January 19, 2018 and the Board on February 6, 2018 at which time, the CAO conveyed to the Budget Committee an estimated ending cash deficit of as much as $6.1 million for the project based on available information. The estimate has been revised. The ERP Upgrade Project under Resource Planning Fund 478 end...
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