Memorandum
Date: June 23, 2020
To: The Honorable Moke Simon, Chair, Lake County Board of Supervisors
From: Lars Ewing, Public Services Director
Subject: Approve a Budget Transfer in Budget Unit 7011 from Object Code 18.00 Maintenance to Object Code 63.13, Park Improvements for $7,100.00.
Executive Summary: (include fiscal and staffing impact narrative): Public Services budgeted for outdoor fitness equipment for the Lucerne Creek Park in the FY 19-20 budget. Upon purchase and payment processing for the equipment it was determined that the expenses should be capitalized, meaning the funds should be allocated in a capital asset object code 63.13, park improvements, rather the object code 18.00, maintenance & improvements. This action requires Board of Supervisors approval.
If not budgeted, fill in the blanks below only:
Estimated Cost: $7,100.00 Amount Budgeted: $7,100.00 Additional Requested: __0 Future Annual Cost: ___0____
Consistency with Vision 2028 and/or Fiscal Crisis Management Plan (check all that apply): ☐ Not applicable
☒ Well-being of Residents ☐ Public Safety ☒ Infrastructure ☐ Technology Upgrades
☒ Economic Development ☐ Disaster Recovery ☐ County Workforce ☐ Revenue Generation
☒ Community Collaboration ☐ Business Process Efficiency ☐ Clear Lake ☐ Cost Savings
If request for exemption from competitive bid in accordance with County Code Chapter 2 Sec. 2-38, fill in blanks below:
Which exemption is being requested?
How long has Agreement been in place?
When was purchase last rebid?
Reason for request to waive bid?
Recommended Action: Approve budget transfer in Budget Unit 7011 allocating existing funds from object code 18.00, maintenance to object code 63.13, park improvements in the amount of $7,100.00.