DATE: April 25, 2017
TO: Board of Supervisors
SUBMITTED BY: Oscar J. Garcia, CPA, Auditor-Controller/Treasurer-Tax Collector
SUBJECT: Budget Resolutions to Transfer Resources from the General Fund to the Capital Projects Fund and Local Revenue Fund 2011
RECOMMENDED ACTION(S):
TITLE
1. Adopt Budget Resolution increasing FY 2016-17 appropriations in the Interest and Miscellaneous Expenditures Org 2540 in the amount of $503,970 to allow for the transfer of cash from the General Fund to the Local Revenue Fund 2011 (4/5 vote).
2. Adopt Budget Resolution increasing FY 2016-17 estimated revenues in the AB 109 Planning Grant Org 3439 in the amount of $503,970.
3. Adopt Budget Resolution re-budgeting appropriations from FY 2014-15 Budget to the FY 2016-17 Budget for the Capital Projects Org 1910 in the amount of $29,870 to allow for the transfer of cash from the General Fund to the Capital Project Fund (4/5 vote).
4. Adopt Budget Resolution decreasing the FY 2014-15 appropriations for Capital Projects Org 1910 in the amount of $200,000 that where funded 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 cost related to acquiring land associated with the Animal Control Facility to allow for the re-alignment of appropriations and estimated revenues in the Animal Control Facility Org 8855.
5. Adopt Budget Resolution increasing the FY 2016-17 appropriations and estimated revenues in the County Animal Control Facility Org 8855 in the amount of $229,870 using proceeds in the amount of $200,000 of the 2006 Tobacco Securitization Bond proceeds currently on deposit in the County's Endowment Fund and $29,870 as Operating Transfers In from Animal Control Facility Org 1910, for the cost related to acquiring land at 202 N. Teilman, Fresno, as a site (Site) for a new, permanent Animal Control Facility (4/5 vote).
...
Click here for full text