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Conejo Recreation Park District <br />CRPD <br />GENERAL MANAGER <br />Jim Friedl <br />BOARD OF DIRECTORS <br />George M. Lange, Chair <br />Doug Nickles, Vice -Chair <br />Chuck Huffer, Director <br />Nellie Cusworth, Director <br />Marissa Buss, Director <br />DATE: September 5, 2024 GENERAL MANAGER EMERITUS <br />Tex Ward <br />TO: Board of Directors <br />FROM: Jim Friedl, General Mana <br />, *) <br />SUBJECT: Budget Adjustments for Fiscal Years (FY) 2023-24 & 2024-25 <br />RECOMMENDATION <br />1. Approve proposed FY 2023-24 Budget Adjustments (Exhibit A) <br />2. Approve proposed FY 2024-25 Budget Adjustments (Exhibits B and C) <br />DISCUSSION <br />A review of the FY 2023-24 year end close and the FY 2024-25 budgets have been completed. <br />The following adjustments are recommended for the reasons noted. <br />Fiscal Year 2023-24 Budget Adjustments — Year End <br />General Fund <br />Recognize additional Property Tax revenues in the amount of $225,000, from $18,117,000 to <br />$18,342,000. Increase appropriations for the following: <br />• Community Engagement by $34,000 from $120,000 to $154,000 for increased costs due <br />to registration system improvements. <br />• BOC Workers' Compensation Insurance by $160,000, from $21,921 to $181,921, for <br />increased costs due to work comp claims and settlements. <br />• Transportation in Fleet Maintenance and Operations by $25,000, from $100,000 to <br />$125,000, for increased costs due to fuel and repairs. <br />• MRCA Related Salaries by $6,000, from $306,405 to $312,405, for increased costs due to <br />implementation of the classification and compensation study and the side letter with SEIU <br />Local 721. <br />ADMINISTRATIVE OFFICES <br />O 403 West Hillcrest Drive, Thousand Oaks, CA 91360-4223 <br />ko 805-495-6471 1 L3 805-497-3199 1 cEi parks@crpd.org 1 9 www.crpd.org <br />