BUDGET ADJUSTMENTS - Laserfiche WebLink

Browse Search

Conejo Recreation & Park District GENERAL MANAGER Jim Friedl DATE: October 20, 2016 TO: Board of Directors BOARD OF DIRECTORS Chuck Huffer, Chair George M. Lange, Vice Chair Susan L. Holt, Director Joe Gibson, Director Ed Jones, Director GENERAL MANAGER EMERITUS Tex Ward FROM: Jim Friedl, General Manatia SUBJECT: Budget Adjustments forSYears (FY) 2015-16 and 2016-17 RECOMMENDATIONS 1. Approve proposed FY 2015-16 budget adjustments 2. Approve proposed FY 2016-17 budget adjustments DISCUSSION A review of the FY 2015-16 budgets at year end and the FY 2016-17 opening budgets have been completed. The following adjustments are recommended for the reasons noted. Fiscal Year 2015-16 General Fund Recognize additional Supplemental Property Tax revenues in the amount of $3,000, from $208,000 to $211,000, and increase the Regular Salaries expenditure appropriation in the Recreation Administration work center from $267,940 to $270,940, for overlap of retirement leave payout and new Recreation Administrator. Cultural — Recognize additional Cultural Activity revenues in the amount of $4,000, from $140,500 to $144,500 and increase appropriation for contract instructors from $49,000 to $53,000, reflecting more activities than expected in the original budget. Sports -- Recognize additional Sports Instruction revenues in the amount of $8,000, from $90,000 to $98,000, and increase appropriation for contract instructors from $125,000 to $133,000, reflecting more activities than expected in the original budget. Fiscal Year 2016-17 Appropriate $359,700 from the Fund Balance in the General Fund to Turf Conversion General account, reflecting water appropriations available at the end of FY15-16 being programmed for additional turf conversion in alignment with the District's drought management plan. This ADMINISTRATIVE OFFICES 403 West Hillcrest Drive • Thousand Oaks, CA 91360-4223 (805) 495-6471 • FAX: (805) 497-3199 - Email: parks@crpd.org • Website: www.crpd.org