Consent 6.
Regular Board of Supervisors Meeting
Community Development
- Meeting Date:
- 08/26/2014
- Title:
- Request for General Fund Contingency Funds
- Submitted By:
- Nike Noack, Board of Supervisors
- Department:
- Board of Supervisors
Presentation:
Recommendation:
Document Signatures:
# of ORIGINALS
Submitted for Signature:
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0
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of PRESENTER:
of PRESENTER:
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of PRESENTER:
of PRESENTER:
Mandated Function?:
Source of Mandate
or Basis for Support?:
or Basis for Support?:
Docket Number (If applicable):
Information
Agenda Item Text:
Approve a budget amendment in the Planning & Zoning budget lines to account for additional revenue in the amount of $289,000 with a corresponding increase in expenditure lines of the same amount.
Background:
Planning and Zoning is requesting contingency funds in the amount of $289,820 to expand current budget capacity. This budget capacity short fall is attributable to the outside inspection costs associated with the Red Horse Wind II wind power plant and solar power plant projects. The additional revenues generated by this project were not anticipated in the approved budget; therefore P&Z does not have the budget capacity to issue purchase orders to Shums Coda for inspections on these projects. This transfer is to increase budget capacity in order to issue purchase orders only and not to expand the current budget constraints. The costs associated with the solar project inspections will be recovered through monthly billing to the contractor. The costs associated with the wind power plant project will be recovered through the permit fees.
Budgetary authority will be taken from GF cash carry forward and contingency accounts.
Budgetary authority will be taken from GF cash carry forward and contingency accounts.
Department's Next Steps (if approved):
If approved, Planning and Zoning will be able to issue purchase orders for Shums Coda's inspection services
Impact of NOT Approving/Alternatives:
If not approved, Planning and Zoning will be unable to issue purchase orders to Shums Coda to conduct inspections.
To BOS Staff: Document Disposition/Follow-Up:
If approved, please notify Mike McGinnis, Budget Manager, so he can make the transfer of funds to the Planning and Zoning budget.
Fiscal Impact
- Fiscal Year:
- FY 2014/15
- One-time Fixed Costs? ($$$):
- 289,820
- Ongoing Costs? ($$$):
- County Match Required? ($$$):
- A-87 Overhead Amt? (Co. Cost Allocation $$$):
- Source of Funding?:
- Contingecy Funds
Fiscal Impact & Funding Sources (if known):
Planning and Zoning is requesting a one time transfer of contingency funds in the amount of $289,820 for fiscal year 2015 budget capacity shortfall.