County of Fresno - File #: 16-1262

• File #: 16-1262
• Name: Net County Cost Savings Carryover and Other Allocations
• In control: Administrative Office - Confidential
• On agenda: 9/27/2016
• Final action: 9/27/2016
• Enactment #: Resolution No. 16-386, Resolution No. 16-387, Resolution No. 16-388
• Title: 1. Adopt a Budget Resolution to reflect Net County Cost savings carryover from FY 2015-16 into FY 2016-17 in the amount of $10,715,765 (4/5 vote): (a) increasing the FY 2016-17 appropriations by $4,025,334 for various General Fund Departments for one-time expenditures; and (b) committing unassigned fund balance in the General Fund for the West Annex Jail in downtown Fresno ($6,190,431), the Sheriff-Patrol Vehicle Replacement Fund ($300,000), and the Sheriff-Eagle 2 Replacement Fund ($200,000). 2. Adopt a Budget Resolution: (a) decreasing appropriations for Fund 0400 Capital Projects-District Attorney Building Org 8854 in the amount of $2,177,556.13 from proceeds of Tobacco Settlement Asset-Backed Bonds, Subordinate Series 2006 (2006 Tobacco Securitization Bonds), currently on deposit in the County's Endowment Fund, that were originally committed for a portion of the District Attorney Building, and cancelling such amount originally committed for the District Attorney Building; ...

Date	Action By	Action	Result
9/27/2016	Board of Supervisors	Conducted Hearings	Pass

DATE: September 27, 2016

TO: Board of Supervisors

SUBMITTED BY: Jean M. Rousseau, County Administrative Officer

SUBJECT: Net County Cost Savings Carryover and Other Allocations

RECOMMENDED ACTIONS:
TITLE
1. Adopt a Budget Resolution to reflect Net County Cost savings carryover from FY 2015-16 into FY 2016-17 in the amount of $10,715,765 (4/5 vote):

(a) increasing the FY 2016-17 appropriations by $4,025,334 for various General Fund Departments for one-time expenditures; and

(b) committing unassigned fund balance in the General Fund for the West Annex Jail in downtown Fresno ($6,190,431), the Sheriff-Patrol Vehicle Replacement Fund ($300,000), and the Sheriff-Eagle 2 Replacement Fund ($200,000).

2. Adopt a Budget Resolution:

(a) decreasing appropriations for Fund 0400 Capital Projects-District Attorney Building Org 8854 in the amount of $2,177,556.13 from proceeds of Tobacco Settlement Asset-Backed Bonds, Subordinate Series 2006 (2006 Tobacco Securitization Bonds), currently on deposit in the County's Endowment Fund, that were originally committed for a portion of the District Attorney Building, and cancelling such amount originally committed for the District Attorney Building;

(b) decreasing appropriations for Fund 0400 Capital Projects-District Attorney Building Org 8854 in the amount of $32,012.87 from proceeds of Tobacco Settlement Asset-Backed Bonds, Series 2002 (2002 Tobacco Securitization Bonds), currently on deposit in Fund 0400, Subclass 10200, that were originally committed for a portion of the District Attorney Building, and cancelling such amount originally committed for the District Attorney Building;

(c) preliminarily earmarking proceeds of 2006 Tobacco Securitization Bonds currently on deposit in the County's Endowment Fund in the amount of $2,177,556.13 for a portion of the costs of the West Annex Jail Project; and

(d) preliminarily earmarking proceeds of 2002 Tobacco Securitization Bonds currently on deposit in the Fund 0400, Subcla...