TO: Housing Authority Commissioners
FROM: Jennifer Palmer, Executive Director of Housing Authority
REPORT BY: Alex Carrasco, Staff Service Analyst
SUBJECT: Approve a Budget Amendment for Purchase of Radiant Heat System Boilers
RECOMMENDATION
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Approve a Budget Amendment and the purchase of two capital assets for replacement of radiant heat system boilers for $55,410. (Fiscal Impact $55,410 Expense and Revenue; Housing Authority Fund; Not Budgeted; Discretionary)
[4/5 vote required]
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BACKGROUND
A Budget Amendment is necessary to purchase two capital assets for replacement of radiant heat system boilers using Available Fund Balance. Restoring heat to the River Ranch Center dorm units is a critical important health and safety need.
Requested Actions:
1. Approve a Budget Amendment to:
a. Increase appropriation by $55,410 in NCHA - Administration (5060-5060000) Intrafund Transfer-Out (57900) using available fund balance.
b. Increase revenue in NCHA - River Ranch Center (5060-5060502) Intrafund Transfer-In (49900) in the amount of $55,410.
c. Increase appropriation by $55,410 in NCHA - River Ranch (5060-5060502) Equipment (55400).
2. Approve the Purchase of two capital assets for replacement of radiant heat system boilers.
FISCAL & STRATEGIC PLAN IMPACT
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Is there a Fiscal Impact? |
Yes |
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Is it currently budgeted? |
No |
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Is it Mandatory or Discretionary? |
Discretionary |
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Discretionary Justification: |
The county-owned farmworker centers provide critical housing support for local farmworkers. |
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Is the general fund affected? |
No |
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Future fiscal impact: |
Preventative maintenance of boilers will be budgeted in future fiscal years |
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Consequences if not approved: |
No heat source for the dorm units |
ENVIRONMENTAL IMPACT
ENVIRONMENTAL DETERMINATION: This proposed action is not a project as defined by 14 California Code of Regulations 15378 (State CEQA Guidelines) and therefore CEQA is not applicable.