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<br /> The reduction of risks from vehicle/traffic accidents, childhood and senior injuries,
<br /> gang activity, substance abuse and domestic violence.
<br /> Miscellaneous
<br /> 13.The FY 2023-24 Approved Budget included Wage Increase funds of $4,440,000, 401k
<br /> Enhancement funds of$720,000, Merit Pay Adjustment of$410,000 and a Salary Savings
<br /> allocation of -$3,824,900. This budget amendment provides for the allocation of these
<br /> funds within the affected departments in the General Fund.
<br /> 14.As the County reviews its projected financial position at year end, staff have identified that
<br /> public safety overtime has significantly exceeded budget. In order to offset the impact of
<br /> this increase, it is proposed that the County redirect $2,700,000 in appropriated funds to
<br /> cash fund or Pay-Go school recurring capital to instead fund personnel expenses. The
<br /> County would instead use prior financing revenue from the Series 2015 financing package.
<br /> The corresponding school projects have not occurred in this time, and the County must
<br /> draw down financed funds based on Internal Revenue Service (IRS) rules. This action
<br /> amends the following capital ordinance to change the revenue source:
<br /> Recurring Capital- OCS ($0) - Project# 51009
<br /> Revenues for this project:
<br /> Current FY 2023-24 FY 2023-24
<br /> FY 2023-24 Amendment Revised
<br /> Alternative Financing $5,630,040 $1,122,120 $6,752,160
<br /> Transfer from General Fund $1,616,760 ($1,122,120) $494,640
<br /> Total Project Funding $7,246,800 $0 $7,246,800
<br /> Appropriated for this project:
<br /> Current FY 2023-24 FY 2023-24
<br /> FY 2023-24 Amendment Revised
<br /> Project Expenditures $7,246,800 $0 $7,246,800
<br /> Total Costs $7,246,800 $0 $7,246,800
<br /> Recurring Capital- CHCCS ($0) - Project# 54010
<br /> Revenues for this project:
<br /> Current FY 2023-24 FY 2023-24
<br /> FY 2023-24 Amendment Revised
<br /> Alternative Financing $8,469,960 $1,577,880 $10,047,840
<br /> Transfer from General Fund $2,283,240 ($1,577,880) $705,360
<br /> Total Project Funding $10,753,200 $0 $10,753,200
<br /> Appropriated for this project:
<br /> Current FY 2023-24 FY 2023-24
<br /> FY 2023-24 Amendment Revised
<br /> Project Expenditures $10,753,200 $0 $10,753,200
<br /> Total Costs $10,753,200 $0 $10,753,200
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