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AI- 31712
17.A.1.
CC REGULAR
Meeting Date:
04/03/2012
Submitted For:
Pct. 1
Submitted By:
Ivan Cantu, BUDGET & MANAGEMENT
Department:
BUDGET & MANAGEMENT

Information

CAPTION

Pct. 1 R & B (1200):
Approval of 2012 appropriation of funds from the R & B unreserved fund balance into Pct. 1 Rd. Maintenance, program #005, in the amount of $47,727.87 to fund hauling and road materials expenditures in relation to Aurora Valley Subdivision.

BACKGROUND


Fiscal Impact

FISCAL YEAR:
2012
ACCT. #:
2-1200-431-00-121-005-0-XXX
FUNDS AVAILABLE Y/N?:
Y
MATCHING FUNDS Y/N?:

BUDGETARY IMPACT:

Appropriation of funds in the amount of $47,727.87 to fund hauling and road materials expenditures in relation to the development of Aurora Valley S/D.

Escrow monies in the amount of $47,727.87 were deposited by the Planning Dept on Friday 3-23-12 (refer to receipt #154526) in relation to 1/3 paving deferred revenues for the development of Aurora Valley S/D, pending correction to acct # by Auditor's office.

Once project is completed, escrow monies will be recognized as revenue and will be appropriated into the Pct. 1 Rd. Maint. budget. Pct. 1 will provide labor and equipment (in-house).

Funds available in unreserved f/b as of 3-30-12

Attachments

Form Review

Inbox Reviewed By Date
Budget and Management mmunoz 03/30/2012 07:05 AM
Auditor's Office aduran 04/02/2012 04:22 PM
Form Started By:
Ivan Cantu
Started On:
03/29/2012 02:15 PM
Final Approval Date:
04/02/2012