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Conejo Recreation & Park District <br />GENERAL MANAGER BOARD OF DIRECTORS <br />Jim Friedl George M. Lange, Chair <br />Susan L. Holt, Vice Chair <br />Joe Gibson, Director <br />Ed Jones, Director <br />Chuck Huffer, Director <br />DATE: June 15, 2017 <br />GENERAL MANAGER EMERITUS <br />Tex Ward <br />TO: Board of Directors <br />FROM: Jim Friedl, General Mana <br />SUBJECT: Adoption of Fiscal Yea 17-18 & 2018-19 Budgets <br />RECOMMENDATION <br />Adopt Resolution Number 061517 A adopting the Fiscal Year (FY) 2017-18 & 2018-19 budgets for <br />all funds as attached and policy matter contained in the body of this memorandum. <br />DISCUSSION <br />Operating Budget <br />For FY 2017-18 and 2018-19, the District adopts budgets for the General Fund, Districtwide <br />Assessment Fund, Dos Vientos Assessment District Fund, Rancho Conejo Assessment District <br />Fund, Capital Improvement Projects and Equipment Replacement Fund. The operating budget <br />is the same as that presented and discussed at the June 1, 2017 Board meeting. <br />Revised Proposed TEN-YEAR CAPITAL IMPROVEMENT PLAN <br />On May 4, 2017, staff presented the Board with a proposed TEN-YEAR CAPITAL <br />IMPROVEMENT PLAN which included the proposed Capital Improvement Projects (CIP) for the <br />Upcoming two fiscal years. <br />The Capital Improvement Budget (available online at www.crDd.org110YearCIP} has been <br />revised as follows: <br />ITEM <br />PROJECT <br />CHANGE/COMMENT <br />1.05 <br />Futsal project <br />Added $140,000 carryover <br />4.10 <br />Convert to reclaimed irrigation at North <br />Moved from year 2 to year 4 due <br />Ranch <br />to Cal Water delay in <br />infrastructure funding. <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.erpd.org <br />