File #: RES 20-077    Name: Adopt a resolution authorizing and directing the Auditor-Controller to: 1) Amend the Fiscal Year (FY) 2019-20 Adopted Budget, increasing Facilities Project Fund, Fund 401, Appropriation Unit RMA004, Operating Transfers Out, Account 7614, by $411,222, fin
Type: BoS Resolution Status: Passed - RMA Administration
File created: 5/13/2020 In control: Board of Supervisors
On agenda: 6/9/2020 Final action: 6/9/2020
Title: Adopt a resolution authorizing and directing the Auditor-Controller to: 1) Amend the Fiscal Year (FY) 2019-20 Adopted Budget, increasing Facilities Project Fund, Fund 401, Appropriation Unit RMA004, Operating Transfers Out, Account 7614, by $411,222, financed by an increase in Investment Income Revenue, Account 4600, of $45,826 and Unassigned Fund Balance, Account 3101, of $365,396; and 2) Transfer the ending fund balance, estimated at $411,222, at the close of FY 2019-20 in the Facilities Project Fund, Fund 401, Appropriation Unit RMA004, to Capital Projects Fund, Fund 402, Appropriation Unit RMA014; and 3) Assign remaining project funds at the close of FY 2019-20, appropriated in the General Fund, Fund 001, Appropriation Unit RMA006, for four (4) Projects [Energy Efficiency Measures; Parks ADA Transition Plan; 142 W. Alisal East Wing Sound Attenuation; and Parks Roof Replacement and Repairs], in an amount not to exceed $453,252, to the General Fund, Fund 001, General Capital Assignme...
Attachments: 1. Board Report, 2. Attachment A-Facilities Project Fund 401 Income Statement, 3. Attachment B-Request to Preserve Committed Project Funds, 4. Attachment C-Draft Resolution, 5. Item No. 50 Completed Board Order and Resolution
Title
Adopt a resolution authorizing and directing the Auditor-Controller to:
1) Amend the Fiscal Year (FY) 2019-20 Adopted Budget, increasing Facilities Project Fund, Fund 401, Appropriation Unit RMA004, Operating Transfers Out, Account 7614, by $411,222, financed by an increase in Investment Income Revenue, Account 4600, of $45,826 and Unassigned Fund Balance, Account 3101, of $365,396; and
2) Transfer the ending fund balance, estimated at $411,222, at the close of FY 2019-20 in the Facilities Project Fund, Fund 401, Appropriation Unit RMA004, to Capital Projects Fund, Fund 402, Appropriation Unit RMA014; and
3) Assign remaining project funds at the close of FY 2019-20, appropriated in the General Fund, Fund 001, Appropriation Unit RMA006, for four (4) Projects [Energy Efficiency Measures; Parks ADA Transition Plan; 142 W. Alisal East Wing Sound Attenuation; and Parks Roof Replacement and Repairs], in an amount not to exceed $453,252, to the General Fund, Fund 001, General Capital Assignment Fund Balance, Account 3065 (4/5th vote required).
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors adopt a resolution to authorize and direct the Auditor-Controller to: 1) Amend the Fiscal Year (FY) 2019-20 Adopted Budget, increasing Facilities Project Fund, Fund 401, Appropriation Unit RMA004, Operating Transfers Out, Account 7614, by $411,222, financed by an increase in Investment Income Revenue, Account 4600, of $45,826 and Unassigned Fund Balance, Account 3101, of $365,396; 2) Transfer the ending fund balance, estimated at $411,222, at the close of FY 2019-20 in the Facilities Project Fund, Fund 401, Appropriation Unit RMA004, to Capital Projects Fund, Fund 402, Appropriation Unit RMA014; and 3) Assign remaining project funds at the close of FY 2019-20, appropriated in the General Fund, Fund 001, Appropriation Unit RMA006, for four (4) Projects [Energy Efficiency Measures; Parks ADA Transition Plan; 142 W. Alisal East Wing Sound Attenuation; a...

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