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HomeMy WebLinkAboutResolution THCA No. 2021-01RESOLUTION THCA NO. 2021-01 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE TRES HERMANOS CONSERVATION AUTHORITY ADOPTING A BUDGET AMENDMENT FOR FISCAL YEAR 2020-21 INCREASING THE BUDGET BY $26,584 BASED ON THE MID- YEAR BUDGET REVIEW WHEREAS, Section 5.4 of the Tres Hermanos Conservation Authority Joint Powers Agreement (JPA) requires that expenditures shall be within the limitations of the approved annual budget, and as required for emergency repairs, or as such budget is amended by the Board; and WHEREAS, at a public meeting on April 15, 2020, the Executive Director presented, and the Board of Directors adopted a budget for the Fiscal Year 2020-21 commencing July 1, 2020, and ending June 30, 2021, and WHEREAS, amendments must periodically be made to the budget to conform to changed circumstances following adoption of the budget. NOW, THEREFORE, BE IT RESOLVED, by the Board of Directors of the Conservation Authority as follows: Section 1. Budget Amendment No. 2113003 is hereby approved as reflected on Exhibit No. 1, attached hereto. SECTION 2. This resolution shall take effect immediately upon its passage and adoption. PASSED, APPROVED, AND ADOPTED this 17th day of February 20 Ray M rquez/ Chair Tres anos Con ation Authority Kri`stina Santana Authority Secretary Tres Hermanos Conservation Authority Resolution THCA No. 2021-01 ATTEST: I, Kristina Santana, Secretary of the Tres Hermanos Conservation Authority, do hereby certify that the foregoing Resolution was duly and regularly passed, approved and adopted by the Board of Directors of the Tres Hermanos Conservation Authority, at its regular meeting held on the 17t" day of February 2021, by the following Roll Call vote: AYES: BOARD MEMBERS NOES: BOARD MEMBERS ABSENT: BOARD MEMBERS Lyons, Moss, Rogers, Ruggles, Tye, VC/Marcucci, C/Marquez None None ABSTAIN: BOARD MEMBERS: None Kristina Santana Secretary Tres Hermanos Conservation Authority Exhibit No. 1 Tres Hermanos Conservation Authority JPA BUDGET AMENDMENT Date: 2/17/2021 Requested by: Brenda Ramirez City: Chino Hills - Treasurer EXPENDITURES BA # 21 B003 Fiscal Year: 2020-21 Amount: $ 26,584.00 Description: Appropriate fund balance for mid -year budget review Account Description Current Budget Proposed Amendment Amended Budget Contractual Services - Pest Control - LA Count 113,559.00 19,919.00 133,478.00 Security Services - Industry Security Services, Inc 34,800.00 835.00 35,635.00 Security Services - Cameras - 4G/LTE Cellular/solar powered 35,635.00 2,180.00 37,815.00 Utilities - Trash Services 341.00 341.00 Utilities - Water 341.00 3,309.00 3,650.00 REVENUES Account Description Current Budget Proposed Amendment Amended Budget REASON/JUSTIFICATION To appropriate available fund balance based on the mid -year budget review. Tres Hermanos Conservation Authority Statement of Revenues, Expenditures and Changes in Fund Balances Mid -Year Budget Review With BA 20B003 Revised Revised Actuals Budget Budget To Date of Budget 2020/21 2020/21 2020/21 Variance Used Revenues: Membership Contribution 248,488 248,488 248,488 100% Rental Income 8,100 8,100 4,050 4,050) 50% Interest Income 105 105 Reimbursements 0% Total Revenues 256,588 256,588 252,800 3,788) 99% Expenditures: Professional Services Legal Services Legal Services - Extraordinary Contractual Services Security Services Office Supplies & Software Utilities Total Expenditures Excess of revenues over (under) expenditures Fund Balances: Beginning of fiscal year Excess of revenues over (under) expenditures Estimated Fund Balance as of 6/30/21 Fund Balances by City: Chino Hills Diamond Bar Industry Total Fund Balances by City 35,220 35,220 1,575 33,645 4% 20,004 20,004 1,313 18,692 7% 66,000 66,000 1,205 64,795 2% 113,559 133,478 31,371 82,188 24% 34,800 37,815 11,878 22,922 31% 2,005 2,005 777 1,228 39% 3,650 1,877 1,877) 51% 271,588 298,172 $ 49,995 $ 221,593 17% 15,000) $ (41 584) $ 202,805 $ (217,805) As of 12/31 /2020 41,584 $ 41,584 41,584) 202,805 244,389 Note: Fund balance available for appropriation $ - 83,398 64,643 96,348 244,389