Special Notice / Hearing: None__
Vote Required: Majority
To: Honorable Board of Supervisors
From: John L. Maltbie, County Manager
Subject: Countywide FY 2016-17 Year-End Appropriation Transfer Request (ATR) in the amount of $8,192,975 from various budget units
RECOMMENDATION:
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Adopt a resolution authorizing an Appropriation Transfer Request transferring $8,192,975 from various budget units: Services and Supplies ($98.000), Reserves and Contingencies ($34,001), Fixed Assets ($1,805,065), Revenues ($4,422,979), and Fund Balance ($1,832,930); to the following: Salaries and Benefits ($1,075,691), Services and Supplies ($428,866), Other Charges ($2,232,395), Fixed Assets ($2,552,957), Other Financing Uses ($1), and Revenues ($1,903,065).
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BACKGROUND:
To close the County's financial records at the end of each fiscal year, a countywide ATR is submitted to ensure that expenditures are covered by sufficient appropriations and that expenditures are represented correctly in each of the County's funds. The amount of the ATR is $8,192,975 and includes adjustments totaling $5,639,061 that were made for accounting purposes only.
All other adjustments, totaling $2,553,914, are funded from savings, reserves or unanticipated revenues generated by the various budget units with no increase in Net County Cost.
This year-end ATR does the following:
1. Local Agency Formation Commission (3570B) - Transfers $9,000 in Departmental reserves to Services and Supplies to cover the consulting contract with Harvey M. Rose and Associates for preparation of the Municipal Services Review for Sequoia Healthcare districts and Peninsula Health Care district. (ATR #17-050-A)
2. Public Works Capital Projects (8500D) - Recognizes $747,892 in Operating Transfer from Health System to Capital Projects Budget to partially fund Construction of Serenity House. (ATR #17-050-B)
3. Public Works Utilities (4840B) - Transfers $25,000 from Contingencies to Services and Supp...
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