HomeMy WebLinkAboutMINUTES - 11191991 - 1.21 1, 2_1
TO: BOARD OF SUPERVISORS, AS BOARD OF DIRECTORS, CANYON LAKES GEOLOGIC
HAZARD ABATEMENT DISTRICT
FROM: J. MICHAEL WALFORD, PUBLIC WORKS DIRECTOR
DATE: November 19, 1991
SUBJECT: APPROVE DETAILED PROGRAM BUDGET FOR FISCAL YEAR 1991-92, 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 (approved August,.1991) for Fiscal Year 1991-92.
II. Financial Impact:
None
III. Reasons for Recommendations and Background:
The total income budget for the fiscal year (FY '91-'92) is approximately the same as last year,
and the projected expenses for this year are 18% higher than last year. This will mean that
income and expenses will balance each other and the District does not expect to make an
additional contribution to the "reserve"fund. Several "one-time" major projects will be completed
this fiscal year.
The anticipated projects this year include several revegetation projects (to protect against future
soil erosion) and corrective grading and drainage to stabilize areas of concern, and the repair
and maintenance of existing slopes and drainage facilities. The remainder of the expense
budget is allocated to several on-going maintenance programs and miscellaneous repairs
through the Blackhawk area.
IV. Consequences of Negative Action:
a pptps e
Continued on�Al abhment: Fiscal Yea l&�J�Obills.
RECOMMENDATION OF COUNTY ADMINISTRATOR
RECOMMENDATION OF BOARD COMMITTEE
APPROVE OTHER
SIGNATURE(S):
ACTION OF BOARD ON NOV 19 1991 APPROVED AS RECOMMENDED OTHER _
VOTE OF SUPERVISORS
_J/ UNANIMOUS (ABSENT )
AYES: NOES:
ABSENT: ABSTAIN:
I hereby certify that this is o true and correct copy of
an action taken and entered on the minutes of the
FL:Sj Board of Supervjs rs onf d�®�sTown.
c:BOcanybud19.t11 ATTESTED: U V 1
PHIL BATCHELOR,Clerk of the Board
Orig. Div: Public Works (EIS) of Supervisors and County B+dministrat04
cc: Auditor-Controller By
County Counsel
Richard Nystrom
Public Works - Accounting
CANYON LAKES GEOLOGIC HAZARD ABATEMENT DISTRICT (ORG. 7761)
PROJECTED BUDGET
1991-1992 FISCAL YEAR
A. PROJECT INCOME FY '91-'92
1. Balance (Reserve) brought forward $477,500
2. Annual Income via Assessments: 265,000
743 Single Family
Detached
469 Townhouses
2,576 Condominiums/
Rentals
100,000 square feet
Commercial
3. Estimated Interest Earnings 22,000
TOTAL ESTIMATED FUNDS: $764,000
PREVIOUS YEAR'S
PROJECTED BUDGET ESTIMATED BUDGET
B. PROJECTED EXPENSES (FY 1990-1991) FY 1991-92
1. General Manager $ 20,000 $20,000
2. Engineering Geologist
and Geologist Assistant 50,000 55,000
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.) 125,000 158,000
b) Construction Administration 20,000 25,000
5. Legal, accounting and
insurance 5,000 5,000
6. Professional Soils and
Geotechnical Consulting 15,000 15,000
7. County staff services 5,000 7,000
8. Assessment documents
preparation 10,000 10.000
Total Expenses: $250,000 $295,000
Reserve: 496,577
Total Costs: $791,577
*Included in line items 1, 2, and 4(b).