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HomeMy WebLinkAboutMINUTES - 09141993 - 1.31 TO: BOARD OF SUPERVISORS FROM: J. MICHAEL WALFORD, PUBLIC WORKS DIRECTOR DATE: SEPTEMBER 14, 1993 SUBJECT: APPROVE DETAILED PROGRAM BUDGET FOR FISCAL YEAR 1993-94, CANYON LAKES GEOLOGIC HAZARD ABATEMENT DISTRICT SPECIFIC REQUEST(S) OR RECOMMENDATION(S) &BACKGROUND AND JUSTIFICATION I. Recommended Action: APPROVE and ADOPT the Detailed Program Budget expanding upon the County Line Item Budget for Fiscal Year 1993-94 as shown on Attachment "A". II. Financial Impact: None III. Reasons for Recommendations and Background: Our total income budget for the coming fiscal year (FY'93-94) is approximately the same as last year, and our projected expenses for this year are also approximately the same as last year. This will mean that we expect that our income and expenses will roughly balance each other and that we do expect to make additional contributions to our "reserve" fund, as well as completing several "one-time" major projects. The anticipated projects this year include several slope grading and revegetation projects (to protect against future soil erosion) and the repair and maintenance of existing slopes and drainage facilities. The remainder of our expense budget is allocated to several on-going maintenance programs and miscellaneous repairs throughout the Canyon Lakes area. IV. Consequences of Negative Action: Cannot approve Fiscal Year 1993-/9�4�'Hs. Continued on Attachment: SIGNATURE:.. r% G/ _ RECOMMENDATION OF COUNTY ADMINISTRATOR _ RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATURE(S): ACTION OF BOARD ON SEP 14 1993 APPROVED AS RECOMMENDED OTHER VOT"F SUPERVISORS V UNANIMOUS (ABSENT AYES: Nom: ABSENT: ABS SE:sj I hereby certify that this is a true and correct copy of c:BOCanLakes.tg an action taken and entered on the minutes of the Board of Supervisors on the date shown, Contact:Skip Epperly,313-2253 SFP 1 4 im ATTESTED: 1�. Orig. Div: Public Works (Admin.) PHIL BATCHELOR,Clerk of the Board cc: Auditor-Controller of Supervisors and county Administrator County Counsel Richard Nystrom By ,t)eputy Public Works -Accounting qr,A to e PJ- 4' "Q� 131 CANYON LAKES GEOLOGIC HAZARD ABATEMENT DISTRICT ESTIMATED BUDGET 1993-1994 FISCAL YEAR PREVIOUS YR. BUDGET ESTIMATED BUDGET A. PROJECT INCOME FY '92-'93 FY '93-'94 1. Balance (Reserve) brought forward $515,000. $562,700. 2. Annual Income via Assessments: 275,000. 283,300. 743 Single Family Detached 469 Townhouses 2,576 Condominiums/Rentals 100,000 square feet Commercial 3. Estimated Interest Earnings 20,000. 17,000. TOTAL ESTIMATED FUNDS: $810,000. $863,000. B. PROJECTED EXPENSES 1. General Manager 21,000. 15,000. 2. Engineering Geologist and Geologist Assistant 57,000. 58,000. 3. Support Services (i.e., office space, office equipment, office staff and vehicles) 0.* 0. 4. a) Repair, maintenance and improvements (as per approved Repair, Maintenance and Improvement Program.) 165,000. 158,200. b) Construction Administration 26,000. 27,000. 5. Legal, accounting and insurance 5,000. 5,000. 6. Professional Soils and Geotechnical Consulting 15,000. 12,000. 7. Professional Civic Engineering & Enviornmental Consulting 0. 4,000. 8. County staff services 7,000. 10,000. 9. Assessment documents preparation 10,000. 10,000 Total Expenses: $306,000 $299,200. Reserve: 504,000. 563,800. Total Costs: $810,000. $863,000. *Included in line items 1, 2, and 4(b). W:\DATA\W P51\NANCY\CANYONLK\CLBUDGET.94