Title
Vote on a request to approve Fiscal Year 2018-2019 Budget Amendments
Abstract
Action Requested: Vote to approve budget amendments as proposed by staff
Introduction & Background: During the fiscal year, the budget must be amended as changing conditions warrant. The fiscal year 2018-2019 budget ordinance authorizes the County Manager to transfer funds within a department without limitation. The Manager may also transfer amounts of up to $5,000 between departments of the same fund and transfer amounts up to $50,000 from contingency with a memorandum report of such transfers to the Board. Resolution #2000-43 allows the Finance Officer to transfer amounts form the vehicle replacement fund for the purchase of vehicles approved for replacement in accordance with the fleet management replacement criteria. The Board must approve all other transfers.
Discussion & Analysis: The attached proposed amendments are carry forward amendments for special/restricted funds or previously approved incomplete purchases at fiscal year-end. These amendments must be approved by the Board of Commissioners for fiscal year 2019.
The amount of prior year approved purchase order funds being carried forward to the current fiscal year totals $9,187 for the General Fund, and $203,055 for the Solid Waste Fund. The amount of restricted funds in the General Fund being carried forward from the prior year totals $593,442. The amount of funds transferred from contingency total $7,411.
The Recreation’s budget is being increased by $15,000 to cover grant expenses related to a community waste reduction and recycling grant award.
Budgetary Impact: The proposed amendments increase the General Fund by $617,629, and the Solid Waste Fund by $203,055, including an increase to appropriated fund balance in the amount of $602,629.
Recommendation: Vote to approve budget amendments as proposed by staff.