HomeMy Public PortalAboutResolution - 23-26- 20231108 - Amend Budget for FY23-24RESOLUTION NO. 23-26
RESOLUTION OF THE BOARD OF DIRECTORS OF THE
MIDPENINSULA REGIONAL OPEN SPACE DISTRICT AMENDING
THE BUDGET FOR FISCAL YEAR 2023-2024
WHEREAS, on June 14,2023, the Board of Directors (Board) of the Midpeninsula
Regional Open Space District (District) adopted the Budget and Action Plan for fiscal year
ending June 30, 2024 (FY24); and
WHEREAS, on August 23, 2023 the Board amended the FY24 Budget in the amount of
$163,000 for the Vielbaum Property purchase; and
WHEREAS, the General Manager recommends amending the FY24 Budget to reflect
changes resulting in a net increase in projected expenditures.
NOW, THEREFORE, the Board of Directors of the Midpeninsula Regional Open Space
District does resolve as follows:
SECTION ONE. Approve the recommended expenditure budget amendments to the
District FY24 Budget resulting in a net increase as follows:
DISTRICT BUDGET
BY
FUNDING SOURCE
g FY24 Adopted
Sud et
YTD
Approved
Amendments
Amended
Budget (as of
9/30/2023) .
QI Proposed
Amendments
FY24
Proposed
Amended
Budget
Fund 10 - General Fund
Operating
$45,488,494
$0
$45,488,494
$76,500
$45,564,994
Fund 20 - Hawthorns
$37,200
$0
$37,200
$0
$37,200
Fund 30 - MAA
Land/Capital
$12,800,647
$0
$12,800,647
$0
$12,800,647
Fund 40 - General Fund
Land/Capital
$10,296,776
$163,000
$10,459,776
($1,130,500)
$9,329,276
Fund 50 - Debt Service
$14,171,263
$0
$14,171,263
$0
$14,171,263
Total
$82,794,380
$163,000
$82,957,380 '
($1,054,000)
$81,903,380
SECTION TWO. Monies are hereby appropriated in accordance with said budget by
fund.
SECTION THREE. Except as herein modified, the FY24 Budget and Action Plan,
Resolution No. 23-10 as amended, shall remain in full force and effect.
Resolutions/2023/23-26 FY24 Ql Budget Adjustments
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* *
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PASSED AND ADOPTED by the Board of Directors of the Midpeninsula Regional
Open Space District on November 8, 2023, at a regular meeting thereof, by the following vote:
AYES: CYR, GLEASON, HOLMAN, KERSTEEN-TUCKER, KISHIMOTO,
MACNIVEN, RIFFLE
NOES: NONE
ABSTAIN: NONE
ABSENT: NONE
ATTEST:
L/4— Sri
Craig Gleason, Secretary
Board of Directors
APPROVED AS TO FORM:
Hilary Stevenson, General Counsel
APPROVED:
Yo `ko Kishimoto, President
B r' and of Directors
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.
oria, District C -rk
Resolutions,'_o'_3'_3-'_6_FY21 Q9. Budget Ad5ustments
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