HomeMy Public PortalAboutResolution - 21-07- 20210210 - FY21 Q2 Budget AdjustmentRESOLUTION NO. 21-07
RESOLUTION OF THE BOARD OF DIRECTORS OF THE
MIDPENINSULA REGIONAL OPEN SPACE DISTRICT AMENDING
THE BUDGET FOR FISCAL YEAR 2020-2021
WHEREAS, on June 24, 2020 the Board of Directors of the Midpeninsula Regional
Open Space District adopted the Fiscal Year ending June 30, 2021 (FY21) Budget and Action
Plan; and
WHEREAS, on July 22, 2020, August 26, 2020, and November 18, 2020 the Board of
Directors of the Midpeninsula Regional Open Space District amended the FY21 Budget; and
WHEREAS, the General Manager recommends amending the FY21 Budget to reflect
requests for budget shifts in services and supplies and capital improvements, resulting in a net
decrease.
NOW, THEREFORE, the Board of Directors of the Midpeninsula Regional Open Space
District does resolve as follows:
SECTION ONE. Approve the recommended budget amendments to the FY21 Budget
for the Midpeninsula Regional Open Space District resulting in a net decrease as follows:
DISTRICT BUDGET BY
FUNDING SOURCE
FY21
Adopted
Budget
YTD
Approved
Budget
Amendments
Amended
Budget
(as of
12/31/2020)
Quarter 2
Proposed
Budget
Amendments
FY21
Proposed
Amended
Budget
Fund 10 - General Fund Operating
$36,773,825
$385,858
$37,159,683
($124,200)
$37 035,483
Fund 20 - Hawthorn Fund
$110,200
($42,000)
$68,200
$0
$68,200
Fund 30 - MAA Land/Capital
$11,868,588
$6,294,500
$18,163,088
($87,250)
$18,075,838
Fund 40- General Fund Land/Capital
$15,856,328
$446,580
$16,302,908
($175,000)
$16,127,908
Fund 50 - Debt Service
$16,640,925
$0
$16,640,925
$0
$16,640,925
Total
$81,249,866
$7,084,938
$88,334,804
($386,450)
$87,948,354
SECTION TWO. Monies are hereby appropriated in accordance with said budget by
fund.
SECTION THREE. Except as herein modified, the FY21 Budget and Action Plan,
Resolution No. 20-18 as amended, shall remain in full force and effect.
* * * * * * * * * * * * * * * * * * * *
PASSED AND ADOPTED by the Board of Directors of the Midpeninsula Regional
Open Space District on February 10, 2021, at a regular meeting thereof, by the following vote:
AYES: CYR, HASSETT, KERSTEEN-TUCKER, KISHIMOTO, RIFFLE, SIEMENS
NOES: NONE
ABSTAIN: NONE
ABSENT: HOLMAN -
Resolutions/202IR1-27_FY2I Q2 audgctAdjuammts
1
ATTEST:
arry Hass , Secietary
Board of irectors
APPROVED AS TO FORM:
Hilary Steve on, General Counsel
Curt Riffle, President
Board 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.
odworth, District Clerk
Resolutionsd2021121-27_FY21 Q2 Budget Adjustments
2