Report:

FY 1996-97 Budget Transfer

Synopsis:

At Board direction, staff has periodically brought to the Board all necessary budget transfers occurring during the fiscal year. Budget transfers are the result of Board actions, further definition of programs approved in the budget, reorganizations, reallocations of budgeted funds, or budget corrections. These transfers move moneys to the appropriate expenditure accounts and do not require additional appropriations.

Committee:

Not applicable.

Recommended Action:

Approve the FY 1996-97 budget transfers itemized below.

James M. Lents, Ph.D.
Executive Officer

Background

1. The FY 1996-97 fixed assets budgets for District General and Information Management include $325,000 for replacement/upgrades of personal computers, $6,800 for miscellaneous telecommunications upgrades and enhancements, and $15,000 for file server disc drives. With the increase in the lower threshold dollar limit (from $600 to $1,500) which determines which items are classified as fixed assets, and the decrease in prices of personal computers and computer-related items, many of the budgeted items no longer qualify as fixed assets but are properly categorized as office expense.

2. As a result of the 1997 AQMP, changes in the Advisory Committee’s membership, and challenges to the technical credibility of the AQMP, Planning and Policy’s FY 1996-97 budgeted amounts for Overtime and for Public Notice and Advertising are not sufficient.

Proposal

1. Transfer $304,400 from the Fixed Assets accounts to Office Expense accounts so that the expenditures can be properly classified.

3. Transfer $105,000 from Planning and Policy’s Professional and Special Services account to the following: Overtime account, $80,000; Public Notice and Advertising account, $25,000.

Summary of the transfer requests:

From	To	Total	From	To
Division	Division	Amount	Account	Account
Dist. General	Dist. General	$282,600	Fixed Assets	Office Expense
Info. Mgmt.	Info. Mgmt.	21,800	Fixed Assets	Office Expense
Plan. and Policy	Plan. and Policy	25,000	Prof. & Spec. Serv.	Public Notice
Plan. and Policy	Plan. and Policy	80,000	Prof. & Spec. Serv.	Overtime

Resource Impacts

These transfers move moneys to the appropriate expenditure accounts and do not require additional appropriations.

/ / /