Title
Body
MEMORANDUM
TO: Board of Supervisors
FROM: Jan Coppinger, Administrator
Dan Janakes, Deputy Administrator - Fiscal
DATE: September 12, 2017
SUBJECT: Approve a Budget Transfer for Lake County Sanitation (Budget Units 8354 & 8355) to Provide Sufficient Funding for Accrued Utilities Expense for Fiscal Year 16/17
EXECUTIVE SUMMARY: Our vendor, Solar Star LLC, did not submit invoices timely and the bills for April, May and June 2017 were received late. The object code for Utilities was depleted by excessive costs during the storm event of 2017. This transfer is needed to provide funding for the expenses and close the year end reporting.
The amount will be reimbursed when we receive the anticipated insurance and or CalOES/FEMA reimbursement for the storm expenses.
FISCAL IMPACT: _X_ None __Budgeted __Non-Budgeted
Estimated Cost:
Amount Budgeted:
Additional Requested:
Annual Cost (if planned for future years):
FISCAL IMPACT (Narrative): N/A
STAFFING IMPACT (if applicable): N/A
Recommended Action
RECOMMENDED ACTION: Approve a Budget Transfer for Lake County Sanitation (Budget Units 8354 & 8355) to Provide Sufficient Funding for Accrued Utilities Expense for fiscal year 16/17