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<br />Attachment B <br />2007108 <br />Changes in Expenditures <br /> <br />7D <br />Page 6 <br /> <br />CAPITAL PROJECTS FUNDS <br />8-23 Community <br />Development Services <br />- En ineerin <br />8-24 Community <br />Development Services <br />- E ineerin <br />8-25 Community <br />Development Services <br />- Engineering <br /> <br />Appropriation required for expenditures related to levy <br />work done on the Marina subdivision, which the <br />develo r has aid in-lieu of com Ieti work himself. <br />Appropriation required closing out two GID facilities fee <br />projects. <br /> <br />$52,165 <br /> <br />To appropriate funds for the capital projects contingency <br />account for the "Bair Island Public Access Improvement" <br />project. Approval of this recommendation will not impact <br />other ~. ts. <br />TOTALCA~TALPROJECTSFUNDS <br /> <br />$3,694 <br />$(1,832) <br />$300,000 <br /> <br />$354,027 <br /> <br />ENTERPRISE FUNDS <br /> <br /> B-26 Public Works Services To record appropriation of funds needed to complete $60,000 <br /> - Water Enterprise asphalt replacement resulting from repair work <br /> performed on the water distribution system. In calendar <br />! year 2007, water main and service leaks that required <br /> asphalt to be removed and replaced increased by 36% <br /> from calendar year 2006. <br /> B-27 Public Works Services Appropriation required for increased contributions to $884,489 <br /> - Sewer Enterprise South Bayside System Authority for wastewater <br /> treatment and disoosal services (1), <br /> B-28 Public Works Services Appropriation required for payments of annual principal $506,667 <br /> - Sewer Enterprise and quarterty interest payments for inter-fund loan from <br /> water enterprise. (2) <br /> TOTALENTERP~SEFUNDS $1,451,156 <br /> <br />I TOTAL EXPENDITURE CHANGES <br /> <br />$3,127,502 <br /> <br />(1) Since the deadline for submitting requested amounts for the FY 2007/08 budget preceded the date upon <br />which the South Bayside System Authority commission approved the FY 2007/08 contributions from <br />member agencies, the Public Works Services staff was required to estimate Redwood City's FY 2007/08 <br />contribution. The actual contributions ultimately approved by the commission exceeded the estimated <br />contribution by the above amount. Accordingly, a budget amendment is requested to conform to the <br />budget to the required contribution for FY 2007/08. <br /> <br />(2) Concurrent with the approval of the annual sewer service charge adjustment, the City Council approved <br />a loan of funds from the water fund to the sewer fund. This loan ensures that the sewer fund will have <br />suffici\3nt cash to meet its obligations to the SBSA capital replacement fund. This loan was approved at <br />the June 4, 2007 Council meeting. <br />