Laserfiche WebLink
Form #: B-52 <br /> 7/18/91 <br /> DEPARTMENT OF FINANCE <br /> REQUEST FOR COUNCIL ACTION <br /> DEPARTMENT: Finance DATE: 1/24/13 <br /> STAFF CONTACT: Kay Oshiro PHONE: x8425 <br /> A. REQUEST: <br /> To amend the FY12 General Fund operating budget by increasing revenues and appropriations by the <br /> following: <br /> Increase Public Service Co Tax estimated revenues by250,000 <br /> Add new appropriation Transfer to Public Access, Open Space, and Natural Resources Preservation <br /> Maintenance Fund for$250,000 <br /> We are asking that the Finance Committee be waived to ensure that the first transfer may be done by the <br /> deadline as required by the County Chareter. <br /> B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): <br /> Pursuant to the recently added Section 10-16 of the County Charter which was approved by the voters in the <br /> November 2012 election, .25% of real property tax revenue (including penalty and interest) must be <br /> transferred from the General Fund into the newly created Public Access, Open Space, and Natural <br /> Resources Preservation Maintenance Fund beginning with the first quarter of 2013. <br /> SIGNED: w 641 DATE: �L3Ii� <br /> ,Department Head <br />