Report Prepared by: Michael Miller, Public Works Manager-Tax Services; Kevin L. Johnson, Accountant II
Title
SUBJECT: Supplemental Budget Appropriation - Maintenance and Community Facilities Districts Fiscal Year 2016/2017 Utility Expense Close-Out
REPORT IN BRIEF
Council considers approving budget appropriations to cover prior year utility expenses for landscape irrigation and storm pump costs.
RECOMMENDATION
City Council - Adopt a motion approving supplemental budget appropriations of funds from the Unappropriated Reserves in the amount of $4,450, from the Silverado ($1,100), Oakmont #3 ($950), Moss Landing ($200), Merced Auto Center ($200), Fahrens Park ($1,400), Hansen Park ($300), and Moraga ($300) Districts, to cover landscape irrigation and storm pump electrical costs for Fiscal Year 2016/2017.
Body
ALTERNATIVES
1. Approve as recommended by the Director of Public Works; or,
2. Return to staff with specific direction; or,
3. Deny.
AUTHORITY
Article XI, Fiscal Administration of the Merced Municipal Code - At any meeting after the adoption of the budget, the City Council may amend or supplement the budget by motion adopted by the affirmative votes of at least five members.
DISCUSSION
The Public Works Department is requesting $4,450, from prior year funding to cover landscape irrigation and storm pump expenses to close-out for Fiscal Year 2016/2017.
Each year staff formulates its operating budgets conservatively, based upon projected revenue, historical electrical and irrigation usage from previous years, and predetermined utility rate increase forecast.
Several of the Maintenance and Community Facilities Districts have minimum Fund Reserve balances and inadequate annual levies to cover necessary District expenses. Also, utility costs continue to increase faster than District revenue is received. The heavy amount of rainfall our area experienced this past fiscal year resulted in increased storm drain pump electrical costs, due to th...
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