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AgdaPkt 2018-02-26 Joint SA PFA
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AgdaPkt 2018-02-26 Joint SA PFA
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Last modified
3/13/2018 11:23:11 AM
Creation date
2/23/2018 1:00:30 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
2/26/2018
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To update revenue estimates and to transfer budgeted revenue <br />for Facilities fees and Capacity charges from Water Operating <br />A-57 Public Works Fund to Water Capital Fund in order to comply with California <br />government code reporting requirements <br />To update revenue estimates to reflect reduced Administrative <br />A-58 Public Works fee as a result of the new fee study. <br />To update revenue estimates to reflect change in repayment <br />schedule with the Town of Woodside for Silicon Valey Clean <br />A-59 Public Works Water construction -in -progress payments made by the Redwood <br />City. <br />To record transfer of FY 2016-17 General Fund net operating <br />A-60 Administrative Services proceeds to Docktown Fund as directed by City Council on <br />January 8, 2018. <br />A-61 Administrative Services To record transfer from the General Fund to the Docktown Fund. <br />A-62 Community To record increased revenue due to actual Parking In -Lieu fees <br />Development received. <br />Total Enterprise Funds <br />Internal Services Fund <br />To record revenue received per the vehicle maintenance services <br />A-63 Public Works agreement with Coastside Fire Protection <br />To record transfer of FY 2016-17 savings in the Self -Insurance <br />A-64 Administrative Services Fund to the Workers Compensation Fund to increase fund equity <br />to zero. <br />To record transfer to the Workers Compensation Internal Service <br />A-65 Administrative Services Fund due to forecasted $1 milllion deficit at 06/30/18 <br />Total Internal Service Funds <br />6.2.B. - Page 12 <br />430,000 <br />(38,100) <br />(59, 000) <br />2,342,277 <br />3,139, 479 <br />3,275,053 <br />8,989,709 <br />40,000 <br />186,075 <br />1,000, 000 <br />1,226,075 <br />Total Revenue Changes 19,639,503 <br />Page 6 of 11 <br />ATTY/RESO.0013/CC RESO MID -YEAR BUDGET AMENDMENTS FY 17-18 <br />REV: 02-15-18 JS <br />
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