Title
Acting as the Board of Directors of the Pajaro County Sanitation District:
a. Receive a report on the emergency repair expenditures of the Pajaro County Sanitation District;
b. Authorize and direct the Auditor-Controller to amend the FY 2018-19 Pajaro County Sanitation District Adopted Budget, Fund 151, Appropriation Unit RMA040, to increase appropriations by $67,397, financed by an operating transfer from General Fund Contingencies, Fund 001, Appropriation Unit CAO020, of $67,397 (4/5th vote required); and
c. Authorize and direct the Auditor-Controller to transfer $67,397 from the FY 2018-19 General Fund Contingencies, Fund 001, Appropriation Unit CAO020, as a loan, to be repaid with interest at the County Treasury Investment Pool interest rate, to Pajaro County Sanitation District Fund 151, Appropriation Unit RMA040, where the General Fund has sufficient appropriations available in the adopted budget to fund the transfer (4/5th vote required).
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors, acting as the Board of Directors of the Pajaro County Sanitation District:
a. Receive a report on the emergency repair expenditures of the Pajaro County Sanitation District;
b. Authorize and direct the Auditor-Controller to amend the FY 2018-19 Pajaro County Sanitation District Adopted Budget, Fund 151, Appropriation Unit RMA040, to increase appropriations by $67,397, financed by an operating transfer from General Fund Contingencies, Fund 001, Appropriation Unit CAO020, of $67,397 (4/5th vote required); and
c. Authorize and direct the Auditor-Controller to transfer $67,397 from the FY 2018-19 General Fund Contingencies, Fund 001, Appropriation Unit CAO020, as a loan, to be repaid with interest at the County Treasury Investment Pool interest rate, to Pajaro County Sanitation District Fund 151, Appropriation Unit RMA040, where the General Fund has sufficient appropriations available in the adopted budget to fund the transfer (4/5th vote requir...
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