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BUDGET ADJUSTMENTS
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BUDGET ADJUSTMENTS
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10/14/2016 10:48:18 AM
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Agenda
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10/20/2016
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increases the funds available in the Turf Conversion — General account from $243,808 to <br />$603,508. <br />Recognize $800,000 in recently granted Turf Conversion Rebate revenues and increase <br />appropriation by $50,000 each in the following projects: North Ranch Conversion to Reclaimed <br />Water (from $0 to $50,000), Waverly Upgrade (from $0 to $50,000), Northwood Phase 3 (from <br />$450,000 to $500,000), and Triunfo Reclaimed Water (from $400,000 to $450,000). Increase <br />appropriation in the Turf Conversion General account by the remaining $600,000, which <br />increases it to $1,203,508. <br />Adjust carryover amounts from FY 2015-16 to FY 2016-17 as follows: Reduce appropriation in <br />Estella Park Upgrade by $68,000 (remaining budget $12,000) to account for more invoices paid <br />in FY 2015-16 than expected at budget time, and increase appropriation in Crowley Renovation <br />by $15,300 (to $25,000) to account for less work done in FY 2015-16 than expected at budget <br />time. <br />Reduce appropriation in McCrea Building Rehab from $143,000 to $0, as the grant to McCrea <br />Ranch Foundation for this work is appropriately budgeted in the Grants to Outside Agencies <br />account. <br />Appropriate $5,700 in the Recreation Equipment account in the Equipment Replacement Fund <br />for purchase of display racks intended for purchase in FY 2015-16 and not yet obtained. <br />Meets Strategic Plan Vision Statement: In order to continue to serve our community and be <br />recognized as a top recreation and park district in the nation, we must be financially stable. <br />Subm pe"y, <br />Sheryl Lewanda <br />Management Services Administrator <br />Attachments <br />
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