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Conejo Recreation & Park District <br />GENERAL MANAGER <br />Jim Friedl <br />DATE: September 5, 2019 <br />TO: Board of Directors <br />BOARD OF DIRECTORS <br />Chuck Huffer, Chair <br />George M. Lange, Vice Chair <br />Susan L. Holt, Director <br />Nellie Cusworth, Director <br />Doug Nickles, Director <br />GENERAL MANAGER EMERITUS <br />Tex Ward <br />FROM: Jim Friedl, General Manag <br />SUBJECT: Budget Adjustments for ears (FY) 2018-19 & 2019-20 <br />RECOMMENDATIONS <br />1. Approve proposed FY 2018-19 Budget Adjustments (Exhibit A) <br />2. Approve proposed FY 2019-20 Budget Adjustments (Exhibit B) <br />DISCUSSION <br />A review of the FY 2018-19 year end close and the FY 2019-20 budgets have been completed. The <br />following adjustments are recommended for the reasons noted. <br />Fiscal Year 2018-19 <br />General Fund <br />Recognize additional Property Tax revenues in the amount of $29,000, from $14,561,000 to $14,590,000, <br />and increase appropriation for tax collection fees in Finance by $9,000 from $191,000 to $200,000, for <br />increased charges from the County, Other Professional Services in MBCA $3,000 for temporary <br />employee services, from $5,000 to $8,000, Minor Equipment in Outreach, $1,000 for computer <br />equipment, from $0 to $1,000, and Salaries in Special Activities Management, $16,000 from $122,336 to <br />$138,336 for retirement payout. <br />Capital Projects Fund <br />Using available fund balance, appropriate $5,000 for initial expenses on the Teen/Senior Center <br />Expansion Project from $0 to $5,000. <br />Equipment Replacement Fund <br />Recognize $48,000 Operating Transfer In of Vending Revenues to provide appropriation for Recreation <br />Equipment, from $0 to $48,000. <br />Districtwide Assessment District Fund <br />Using available fund balance, appropriate $12,000 for expenses in excess of budget for the following <br />projects: <br />ADMINISTRATIVE OFFICES <br />403 West Hillcrest Drive • Thousand Oaks, CA 91360-4223 <br />(805) 495-6471 - FAX: (805) 497-3199 - Email: parks@crpd.org • Website: www.crpd.org <br />