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HomeMy WebLinkAboutMINUTES - 10111988 - 1.15 TO: BOARD OF AS BOARD OF DIRSCTUO S, CANYON LAKES GBDWGIC HAZARD ABATEPEW DISIRIG'T FRCH: J. imiamm WAIFCORD, PUBLIC WOKS DIRECTOR October 11, 1988 SUBJECT: STATUS AND EXPENSE I]UX= RR = FOURTH QUARTER. (APRIL - JUNE) OF FISCAL YEAR 1987-88. Specific Request(s) or Rec o mendaticn(s) & Backgramd & Justification I. AMON: 1. Accept the Canyon Ickes G.H.A.D. Quarterly Status and Expense Report. II. FINANCIAL IMPACT' None. III. REASONS FOR REf 1CA�T�IDA'�'TCt�T/BAC� IND: During this quarter the district constructed some significant unexpected slide repairs which resulted from the early winter rain. The expenses of $97,499.52 through this year for repairs and maintenance are still within the original estimate of $100,000.00 even including the 3 major unexpected repairs. The total annual expenses of $161,229.43 are still below the original annual budget ($185,000.00) and amount to approximately 87% of the total budget. The detailed program budget expanding upon the line item budget (approved August 1988) for the Fiscal Year 1988-89 shows an estimated total budget of $120,000 for Project Repair, Maintenance and Improvements. Most of these expenses are a result of erosion control work or maintenance of existing slope areas and drainage ditch systems. IV. OF NEGATIVE AMON: None. For information only. continued on yes Signature Reoommer�datI of Cbunty Aclmi nistrator " tical of Board Apprave Other: Ctmnittee Sicg�ature(s) Action of Board cal: OCT 1119-8 Approved as Other Vote of Supervisors I HEREBY CERTIFY UEAT THIS IS A MJE Unanimous (Absent_) AND CUFM (.T COPY OF AN ACTION TAICEN Ayes AND ENTERED ON THE N3NUTES OF THE Noes BOARD OF SUON DAA SHOW. Absent Abstain Armed OCT 111988 Orig. Div: Public Works (ES) PHIL BATaUMM cc: Auditor-Controller CLERK OF qHE BOARD OF SUPERVISCRS County Counsel AND COUNTY Richard Nystrom Public Works - Accounting By I�L'UI'Y fl/dr ghbo.11.t10 CANYON LAKES GEOLOGIC HAZARD ABATEMENT DISTRICT QUARTERLY BUDGET/EXPENSE SUMMARY 1987-1988 FISCAL YEAR A. Project Income 1. Balance (Reserve) brought forward from 186-187: $155, 550. 00 2 . Annual Income via Assessments: 743 Single Family Detached x $104. 01 = $ 77 , 279.43 469 Townhouses x $69. 67 = $ 32, 675.23 2,581 Condominiums/ Rentals x $52.01 = $134,237. 81 100, 000 square feet Commercial x $0. 05 = $ 5 , 000. 00 TOTAL ASSESSMENTS: $249, 192 . 47 TOTAL ASSESSMENT BUDGET: $242 , 000. 00 TOTAL FUNDS: $397 , 550. 00 Projected Expenses Actual Expenses B. Projected Expenses 1987-1988 FY July 1987-June 1988 1. General Manager $25, 000 $17,820. 00 2 . Engineering Geologist and Geologist Assistant 35, 000 $32 ,280. 00 3 . Support Services (e.g. , office space, office 0* 0 equipment, office staff and vehicles 4 . Repair, maintenance and improvements (as per approved Repair, and Maintenance and 100, 000 $97,499. 52 Improvement Program) . 5. Legal, accounting and 5, 000 0 insurance 6. Professional Soils & Geotechnical Consulting 5,000 $ 7 , 649 . 91 7 . County staff services 5, 000 0 8. Assessment documents preparation 10, 000 $ 5,980,. 00 9. Debt Service (interest) 0 0 Total Expenses: $185,000 $161,229.43 10. Reserve 212,550 Total Costs $397,550 *Included in line items 1 & 2. CANYON LAKES GHAD PROGRAM OF WORK - 1987-1988 ORIGINAL ACTUAL COSTS PROJECT ESTIMATED BUDGET JULY 187-IJUNE 188 1. Erosion control and revegetation of bank slope areas $ 40,000 $ 2 , 307. 08 2 . Repair and maintenance of B-58 drainage ditch systems 20, 000 2, 160. 00 3 . Repair and corrective grading 10, 000 0. 00 4 . Dame' slide repair 30, 000 19, 158 .50 5. *Open Space - Subdivision #6384 (C#87-21) -- 6, 046. 33 6. Hospital - Alcosta Blvd. (C#87-22) -- 12, 718. 23 7. General Drainage Improvement -- 390. 00 8. Crow Canyon Slide (C#87-23) -- 5, 260.99 9 . Canyon Crest (C#88-1) -- 30, 126. 02 10. General Miscellaneous Horizontal Drilling (C#88-2) -- 3, 360. 00 11. Horizontal Drain Maintenance (C#88-5) -- 13,425.98 12 . Canyon Woods - Fox (C#88-3) -- 2 ,546. 39 Estimated Total Project Costs = $100,000 $97,499.52