To: BOARD OF SUPERVISORS
From: General Services Agency
Meeting Date: September 10, 2024
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Department Contact: |
Tim Hallman |
Phone: |
707-234-6037 |
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Item Type: Regular Agenda |
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Time Allocated for Item: 15 Minutes |
Agenda Title:
title
Discussion and Possible Action Including Approval of Appropriation Transfer of Funds for the Jail Expansion Project from Measure B Fund 1224 Line Item 865802 Operating Transfer Out by $7,000,000 for Fiscal Year 2024/25 to Capital Projects Fund 1300 Line Item 827802 Operating Transfer In, Increasing Line Item ME-865802 (Operating Transfer Out) by $7,000,000, and Increasing Line Item CP-827802 (Operating Transfer In) by $7,000,000 for Fiscal Year 2024/25
(Sponsor: General Service Agency)
End
Recommended Action/Motion:
recommendation
Approve Appropriation Transfer of Funds for the Jail Expansion Project from Measure B Fund 1224 line item 865802 Operating Transfer Out by $7,000,000 for Fiscal Year 2024/25 to Capital Projects Fund 1300 line item 827802 Operating Transfer In, increasing line item ME-865802 (Operating Transfer Out) by $7,000,000, and increasing line item CP-827802 (Operating Transfer In) by $7,000,000 for Fiscal Year 2024/25; and authorize the Chair to sign same.
End
Previous Board/Board Committee Actions:
Board of Supervisor Meeting February 8, 2022 Item 4A - Adoption of Resolution Declaring Mendocino County’s Intent to use Proceeds of Indebtedness to Reimburse Itself for Expenditures Related to the Jail Expansion Project. Pursuant to Section 1.150-2 of the Code of Federal Regulations (CFR), the County may use debt proceeds to reimburse expenditures by making an official declaration. The proposed Resolution declares the County’s intent to use debt proceeds to finance costs associated with the Jail Expansion Project, including construction costs and costs for other improvements and equipment. Debt obligations are not currently anticipated to exceed $4,000,000. Costs associated with the Jail Expansion Project will initially be covered by General Reserves, and General Reserves will be reimbursed at time of bond issuance.
Board of Supervisor Meeting July 12, 2022 Item AA, File number 22-0934 - Approval of Appropriations Transfer of Funds from Fund 1100, to Fund 1300, Org Code CP, Increasing Line Item CP-825490 State Other Revenue (SB844) by $3,750,000, Increasing Line Item CP-827802 (OTO Funds Transfer In) by $3,000,000, Increasing Line Item CP-864365 Construction Progress by $3,115,000 and Increasing Line Item ND-865802 (OTO Funds Transfer Out) by $3,000,000.
Board of Supervisor Meeting July 23, 2024 Item 3S, File number 24-0781 - Approval of Appropriation Transfer of Funds from Fund 1100 Line Item 770079 Designated Reserve for COP Related Projects by $1,500,000 to Fund 1100, Org Code ND, Increasing Line Item ND-827802 (Operating Transfer In) by $1,500,000, Transfer of Funds from Fund 1100, Org Code ND, to Fund 1300, Org Code CP, Increasing Line Item ND-865802 (Operating Transfer Out) by $1,500,000 for Fiscal Year 2023/24
Board of Supervisor Meeting July 23, 2024 Item 4F, File number 24-0782 - Approval of Appropriation Transfer of Funds from Fund 1100 Line Item 770017 General Reserve by $4,000,000 for Fiscal Year 2024/25 to Fund 1100 Line Item 770079 Designated Reserve for COP Related Projects, Transfer of Funds from Fund 1100 Line Item 770079 Designated Reserve for COP Related Projects by $4,000,000 to Fund 1100, Org Code ND, Increasing Line Item ND-827802 (Operating Transfer In) by $4,000,000, Transfer of Funds from Fund 1100, Org Code ND, to Fund 1300, Org Code CP, Increasing Line Item ND-865802 (Operating Transfer Out) by $4,000,000 for Fiscal Year 2024/25.
Summary of Request:
For cash flow purposes, due to a 60-to-90-day delay in reimbursement from the State for their portion of the Jail project funding and the requirement to utilize 45-50% of County match funds each time the State is invoiced, the department is asking for approval to transfer funds from Measure B Fund into Capital Projects for the match to SB844 State funding.
Alternative Action/Motion:
Do not accept and provide alternate direction
Strategic Plan Priority Designation: A Safe and Healthy County
Supervisorial District: All
Vote Requirement: 4/5ths
Supplemental Information Available Online At:
Fiscal Details:
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source of funding: Measure B Fund |
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current f/y cost: $7,000,000 |
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budget clarification: N/A |
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annual recurring cost: N/A |
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budgeted in current f/y (if no, please describe): No - asking for budget increase as part of this item. |
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revenue agreement: No |
AGREEMENT/RESOLUTION/ORDINANCE APPROVED BY COUNTY COUNSEL: No
CEO Liaison: Tony Rakes, Acting Deputy CEO
CEO Review: Yes
CEO Comments:
FOR COB USE ONLY
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Executed By: Atlas Pearson, Senior Deputy Clerk |
Final Status: Approved |
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Date: September 10, 2024 |
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