HomeMy Public PortalAboutResolution - 06-12- 20060322 - Approve FY07 Budget RESOLUTION No. 06-12
PASSED AND ADOPTED by the Board of Directors of the Midpeninsula Regional Open Space
District on March 22, 2006, at a Regular Meeting thereof, by the following vote:
AYES: J. Cyr, M. Davey, N. Hanko, L. Hassett, D. Little, K. Nitz, P. Siemens
NOES: None
ABSTAIN: None
ABSENT: None
ATTEST: APPROVED:
Vcretaryy P ent
Board of Directors and of erectors
I, the District Clerk of the Midpeninsula Regional Open Space District, hereby certify that
the above is a true and correct copy of a resolution duly adopted by the Board of Directors of
the Midpeninsula Regional Open Space District by the above vote at a meeting thereof duly
held and called on the above day.
Distri erk
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RESOLUTION NO. 06-12
RESOLUTION OF THE BOARD OF DIRECTORS OF THE
MIDPENINSULA REGIONAL OPEN SPACE DISTRICT
ADOPTING BUDGET FOR FISCAL YEAR 2006-2007
The Board of Directors of the Midpeninsula Regional Open Space District does resolve
as follows:
Section One. The budget for the Midpeninsula Regional Open Space District for the
fiscal year 2006-2007 is adopted as set forth in Exhibit A attached hereto.
Section Two. Upon approval of the Board of Directors, an adjustment to the New Land
Purchases budget category shall be made to reflect any difference between actual revenue and
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budgeted revenue as appropriate to fund District operations.
Section Three. Monies are hereby appropriated in accordance with said budget.
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EXHIBIT A
Midpeninsula Regional Open Space District
Proposed Budget for Fiscal Year 2006-2007
Proposed
Budget
I. Revenues
A. Tax Revenues 21,887,000
B. Grant Income 5,392,000
C. Interest Income 1,300,000
D. Property Management-Rental Income 825,000
E. Other Income 200,000
TOTAL REVENUES 29,604,000
II. Change in Reserves (21,726,320)
III. Expenditures
A. Debt Service
1. Interest 3,902,875
2. Principal 3,259,355
Debt Service Subtotal 7,162,230
B. Salaries
1. Board Appointees 321,198
2. Board Appointee Meritorious Awards 0
3. General Manager Appointees 5,503,247
Salaries Subtotal 5,824,445
C. Benefits 2,041,946
D. Director's Fees 25,000
Salaries and Benefits Subtotal 7,891,391
E. Services and Supplies
1. Legal Services 124,500
2. Regular Outside Services 152,000
3. Contract Services 1,058,910
4. Election Expense 80,000
5. Library and Subscriptions 11,567
6. Management Agreements 50,000
7. Rents and Leases 123,043
8. Utilities 147,130
9. Postage 61,352
10. Printing and Duplicating 40,050
II. Insurance 99,971
12. Advertising 9,200
13. Maps and Aerials 14,150
14. Private Vehicle 13,800
15. District Vehicle 229,800
16. Business Meeting 14,550
17. Personnel Development 122,635
18. Maintenance/Repair of Equipment 27,000
19. Computer Expenses 65,290
20. Office Supplies/Small Equipment 32,050
21. Field Supplies/Small Equipment 172,700
22. Outside Maintenance Services 429,381
23. Permits, Fee, Property Taxes 16,700
24. Miscellaneous 650
25. Communications - Publications 111,575
26. Communications - Special Projects 15,100
27. Volunteer Program 30,095
Services and Supplies Subtotal 3,253,199
F. Fixed Assets
I New & Prior Land Purchases 31,250,000
2. Real Property Support Costs-
Appraisals, Title, Legal, Engineering 314,000
3. Guadalupe Land Co. 0
4. Structures and Improvements 1,078,500
5. Field/Office Equipment 143,000
6. Vehicles 238,000
Fixed Assets Subtotal 33,023,500
TOTAL EXPENDITURES 51,330,320