DATE: October 18, 2016
TO: Board of Supervisors
SUBMITTED BY: Laurel C. Prysiazny, County Librarian
SUBJECT: Resolution for Prior Year Commitments
RECOMMENDED ACTION(S):
TITLE
Adopt Budget Resolution increasing FY 2016-17 appropriations in the amount of $92,531 and estimated revenues in the amount of $50,000 for Library Measure B Org 7511 (4/5 vote).
REPORT
There is no Net County Cost associated with the recommended action, which will increase FY 2016-17 appropriations and estimated revenues for prior year commitments that were not fully expended in the prior year budget.
ALTERNATIVE ACTION(S):
Your Board could choose not to approve the recommended action. However, only repairs and maintenance would be completed utilizing funds from the Library's FY 2016-17 Adopted Budget, and the Library would not implement new projects or upgrades.
FISCAL IMPACT:
There is no Net County Cost associated with this action as the projects utilize funds in the amount of $42,531 from the Library's available fund balance received from Measure B and property tax revenues (in the Fresno County Library-Measure B Fund 0107, General Subclass 10000). Once the project is completed, the remaining $50,000 will be funded through an Operating Transfer In from the Public Works & Planning Special Revenue Fund 0085, County Parks Donations Subclass 17411, County Parks Donations Org 1191. These funds originated as a donation from the Ernest Lawrence Estate and were previously held in the Public Works Fund 2400, County Parks Donations Subclass 34137 prior to the Special Revenue Fund reclassification project. Appropriations for the Operating Transfer Out of the Special Revenue Fund are included in the FY 2016-17 Adopted Budget. The recommended action will increase FY 2016-17 appropriations in the amount of $92,531 and estimated revenues in the amount of $50,000 in the Library-Measure B Org 7511. This increase is for prior year still-committed appropriations that were not fully expended ...
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