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HomeMy WebLinkAboutMINUTES - 07111995 - C26 TO: BOARD OF SUPERVISORS FROM: J. MICHAEL WALFORD, PUBLIC WORKS DIRECTOR DATE: JULY 11, 1995 SUBJECT: ACCEPTANCE STATUS AND EXPENSE REPORT THROUGH THE THIRD QUARTER OF FISCAL YEAR 1994-95 AND APPROVE 1994-95 BUDGET MODIFICATION FOR THE CANYON LAKES GEOLOGIC HAZARD ABATEMENT DISTRICT, SAN RAMON AREA Specific Request(s)or Recommendation(s)&Background&Justification I. Recommended Action: ACCEPT the Canyon Lakes Geologic Hazard Abatement District (GHAD) Status and Expense Report for the third quarter of Fiscal Year 1994-95, and APPROVE the modification of the annual budget per attached and allow the General Manager to exceed the $20,000 limit for single expenditures. II. Financial Impact: There is no impact to the County General fund. III. Reasons for Recommendations and Background: During the third quarter, the District completed fabricating the barge for use in the horizontal drain drilling program around the perimeter of the lake and began the drilling program. The lake drilling program necessitated shifting funds from next year's budget to this year's. In doing so, the $20,000 single item expense limit was exceeded. This action approves exceeding the limit to accomplish the lake drilling work, and revises the total estimated expenditures for the fiscal year. The construction costs through the third quarter ($118,497.00) were approximately 75% of our annual construction budget, and our total expenses through this quarter ($249,162.00) were approximately 83% of our total annual budge (before revision). IV. Consequences of Negative Action: The quarterly report will not be accepted as required by/ori�*nal for ion of the GHAD. Continued on attachment: _yes SIGNATURE: 1// RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATURE(S): ACTION OF BOARD ON: 9S APPROVED AS RECOMMENDED OTHER VOTE,3F SUPERVISORS Y' UNANIMOUS (ABSENT AYES: NOES: ABSENT: ABSTAIN: SE:sd g:\Eng Svc\SpDist\B O\G HAD 11.t7 Contact: Skip Epperly,(510)313-2253 1 hereby certify that this is a true and correct copy of Orig.Div.: Pw(Special Districts) an action taken and entered on the minutes of the cc: Auditor-Controller Board of Supervi ors on the date shown- Accounting Nystrom Engineering ATTESTED: —� PHIL CH OR,CIe k of the Board of Supe isors and County Administrator ` ,Deputy CANYON LAKES GEOLOGIC HAZARD ABATEMENT DISTRICT FINANCIAL REPORT FY '94-'95 April 20, 1995 MODIFIED BUDGET BUDGET ACTUAL EXPENSES A. SAVINGS ACCOUNT JUL '94-JUN '95 JUL '94-JUN '95 1. Balance (Reserve) brough forward $627,000. $ 627,000. 2. Annual Income via Assessments: $293,000. 296,000. 743 Singele Family Detached 469 Townhouses 2,576 Condominiums/Rentals 100,000 square feet Commercial 3. Estimated Interest Earnings 27,300. TOTAL ESTIMATED FUNDS: $920,000. $ 950,300. C. PROJECTED EXPENSES 1. General Manager $ 15,000. $ 11,250. 2. Engineering Geologist and Assistant Geologist 58,000. 58,000. 3. Support services (e.g. office space, office equipment, office staff vehicles) 0 0 4. a) Repair, maintenance and improvements (as per approved Repair, Maintenance and Improvement Program) 159,000. .175,000. b) Construction Administration 27,000. 30,000. 5. Legal, accounting and insurance 5,000. 0 6.- Professional Soils & Geotechnical Consulting 12,000. 36,000. 7. Professional Civil Engineering and Environmental Consulting 4,000. 20,000. 8. County staff services 10,000. 8,000. 9. Assessment documents preparation 10,000. 10,000. TOTAL EXPENSES: $300,000. $348,250. 9. Reserve $620,000. $602,050. TOTAL BUDGET: $920,000. $950,300. " Included in items 1, 2, and 4(b). W:\DATA%WP51 WANCYTANYONLKMODBUDGE.94 CANYON LAKES GEOLOGIC HAZARD ABATEMENT DISTRICT FINANCIAL REPORT FY '94-'95 April 20, 1995 BUDGET ACTUAL EXPENSES A. SAVINGS ACCOUNT JUL '94-JUN '95 JUL '94-MAR '95 1. Balance (Reserve) brough forward $627,000. 2. Annual Income via Assessments: $293,000. 743 Singele Family Detached 469 Townhouses 2,576 Condominiums/Rentals 100,000 square feet Commercial 3. Estimated Interest Earnings TOTAL ESTIMATED FUNDS: $920,000. C. PROJECTED EXPENSES 1. General Manager $ 15,000. $ 8,250. 2. Engineering Geologist and Assistant Geologist 58,000. 44,756 3. Support services (e.g. office space, office equipment, office staff vehicles) 0 . 0 4. a) Repair, maintenance and improvements (as per approved Repair, Maintenance and Improvement Program) 159,000. 118,497. b) Construction Administration 27,000. 27,402. 5. Legal, accounting and insurance 5,000. 0 6. Professional Soils & Geotechnical Consulting 12,000. 25,186. 7. Professional Civil Engineering and Environmental Consulting 4,000. 17,821 8. County staff services 10,000. 0 9. Assessment documents preparation 10,000. 7,250. TOTAL EXPENSES: $300,000. $249,162. 9. Reserve $620,000. TOTAL BUDGET: $920,000. * Included in items 1, 2, and 4(b). W:\DATA\W P51\NANCY\C ANYONLK\BUDGET.94