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Fiscal Year 2023-2024 Mid-Year Budget Update (Erin O'Brien, Business Manager)
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RECOMMENDATION
Recommendation
It is recommended that the Parks and Recreation Commission be apprised of the Department's proposed mid-year budget appropriation requests and adjustments for Fiscal Year 2023-2024.
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BACKGROUND/DISCUSSION
At the mid-point of the fiscal year, the City conducts a comprehensive review of its operating budget to assess actual expenditures, revenues, and internal/external factors influencing City operations. The Parks and Recreation Department has identified several appropriation requests, corrections, and transfers relevant to the current fiscal year. A summary of the Department's mid-year requests, approved by the Budget Standing Subcommittee on February 5, 2024, is outlined below:
General Fund Appropriation Requests:
One-Time Appropriation Request Total: $235,000
Ongoing Appropriation Request Total: $50,000
1. $125,000 - One-Time contractual landscape services (Oakmont Dr. & Olympic Dr.)
2. $10,000 - Ongoing contractual landscape services (Oakmont Dr. & Olympic Dr.)
3. $40,000 - Ongoing contractual window washing services (Police Department)
4. $110,000 - One-Time purchase of privately owned parcels (Westborough Blvd. eastbound shoulders)
Non-General Fund Appropriation Requests:
One-Time Appropriation Request Total: $100,000
Ongoing Adjustment Correction Total: $416,670
West Park Maintenance District Fund (Total: $370,700)
1. $159,800 - Adjustment to correct full-time payroll salaries calculation
2. $11,100 - Adjustment to correct part-time payroll salaries calculation
3. $199,800 - Adjustment to correct benefit calculation
Stonegate Ridge Maintenance Fund (Total: $20,170)
1. $630 - Adjustment to correct full-time payroll salaries calculation
2. $19,540 - Adjustment to correct benefit calculation
Willow Gardens Maintenance Fund (Total: $4,350)
1. $1,450 - Adjustment to correct full-time payroll salaries calculation...
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