Title
Acting as the Board of Directors of the Boronda County Sanitation District adopt a Resolution to:
a. Authorize and the direct the Auditor-Controller to amend the Fiscal Year 2019-20 Boronda County Sanitation District Adopted Budget, Fund 156, Appropriation Unit RMA045, to increase appropriations and operating transfer in by $64,740, financed by: 1) Boronda County Sanitation District Unassigned Fund Balance, Fund 156, Appropriation Unit RMA045, in the amount of $17,990, and 2) a release from the Cannabis Tax Assignment, Fund 001, Balance Sheet Account 3132, as a loan, to Boronda County Sanitation District in the amount of $46,750, where the Cannabis Tax Assignment, Fund 001, Balance Sheet Account 3132, has a sufficient balance available to fund the transfer (4/5th vote); and
b. Authorize the Chair of the Board of Directors to sign the Interfund Loan Agreement between the Boronda County Sanitation District and County of Monterey.
Report
RECOMMENDATION:
It is recommended the Board of Supervisors, acting as the Board of Directors of the Boronda County Sanitation District, adopt a Resolution to:
a. Authorize and the direct the Auditor-Controller to amend the Fiscal Year 2019-20 Boronda County Sanitation District Adopted Budget, Fund 156, Appropriation Unit RMA045, to increase appropriations and operating transfer in by $64,740, financed by: 1) Boronda County Sanitation District Unassigned Fund Balance, Fund 156, Appropriation Unit RMA045, in the amount of $17,990, and 2) a release from the Cannabis Tax Assignment, Fund 001, Balance Sheet Account 3132, as a loan, to Boronda County Sanitation District in the amount of $46,750, where the Cannabis Tax Assignment, Fund 001, Balance Sheet Account 3132, has a sufficient balance available to fund the transfer (4/5th vote); and
b. Authorize the Chair of the Board of Directors to sign the Interfund Loan Agreement between the Boronda County Sanitation District and County of Monterey.
SUMMARY:
The Boronda County Sanitat...
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