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HomeMy Public PortalAboutResolution - 21-26- 20210811 - FY22CIAP AmendmentsRESOLUTION NO. 21-26 RESOLUTION OF THE BOARD OF DIRECTORS OF THE MIDPENINSULA REGIONAL OPEN SPACE DISTRICT AMENDING THE CAPITAL IMPROVEMENT & ACTION PLAN (CIAP) AND BUDGET FOR FISCAL YEAR 2021-2022 WHEREAS, on June 9, 2021 the Board of Directors (Board) of the Midpeninsula Regional Open Space District (District) adopted the Fiscal Year ending June 30, 2022 (FY22) Budget and Capital Improvement & Action Plan (CIAP); and WHEREAS, the General Manager recommends amending the FY22 Budget and CIAP to reflect changes and reductions resulting in a net budget decrease. NOW, THEREFORE, the District Board does resolve as follows: SECTION ONE. Approve the recommended revenue amendments to the District's FY22 Budget resulting in a net decrease as follows: _ - DISTRICT BUDGET BY FUNDING SOURCE FY22 Adopted Budget YTD Approved Budget Amendments CIAP Proposed Budget Amendments FY22 Proposed Amended Budget . Fund 10 - General Fund Operating $60,291,232 $0 $0 $60,291,232 Fund 20 - Hawthorn Fund $5,000 $0 $0 $5,000 Fund 30 - MAA Land/Capital $3,297,932 $0 ($75,000) $3,222,932 Fund 40 - General Fund Land/Capital $0 $0 $0 $0 Fund 50 - Debt Service $5,579,000 $0 $0 $5,579,000 Total $69,173,164 $0 - ($75,000) $69,098,164 SECTION TWO. Approve the recommended budget amendments to the District FY22 Budget resulting in a net decrease as follows: DISTRICT BUDGET BY FUNDING SOURCE FY22 Adopted Budget YTD Approved Budget Amendments CIAP Proposed Budget Amendments FY22 Proposed Amended Budget Fund 10 - General Fund Operating $41,413,605 $0 ($190,000) $41,223,605 Fund 20 - Hawthorn Fund $124,500 $0 $0 $124,500 Fund 30 - MAA Land/Capital $8,697,439 $0 ($270,000) $8,427,439 Fund 40 - General Fund Land/Capital $23,360,120 $0 ($504,500) $22,855,620 Fund 50 -Debt Service $16,044,888 $0 $0 $16,044,888 Total $89,640,552 - $0 ($964,500) $88,676,052 SECTION THREE. Monies are hereby appropriated in accordance with said budget by fund. Resolutions/2021/21-26 FY22 CIAP Amendments SECTION FOUR. Except as herein modified, the FY22 Budget and CIAP, Resolution No. 21-18 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 August 11, 2021, at a regular meeting thereof, by the following vote: AYES: CYR, HASSETT, HOLMAN, KERSTEEN-TUCKER, KISHIMOTO, RIFFLE, SIEMENS NOES: NONE ABSTAIN: NONE ABSENT: NONE ATTEST: a�— Larry * sett, Secretary Curt Riffle, President Bo. • of Directors APPROVED AS TO FORM: Hilary Stevenson, General Counsel 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. oodworth, District Clerk Resolutions202121-26FY22 CIAP Ameodmems 2