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HomeMy WebLinkAbout07-078~~.•~~ S Vp~+ ''.• • ~ ~ w V ~ A • ~ ~ :~• i * ~ ~ #* • ; ~~. : ,Q,, • '~ ,~,•••.....N..•~ ~~ ~'•.. L'OU~. ;;•~. Resolution No. 0~-0~8 RESOLUTION APPROPRIATING MONIES TO COUNTY SERVICE AREA 34 WHEREAS, the Butte County Board of Supervisors, pursuant to Resolution No. 75-82, established a County Service Area Revolving Loan Fund; and WHEREAS, Government Code Section 25210.9c provides that a County may appropriated any of it available monies to such fund in an amount not to exceed $1,000,000; and WHEREAS, said Section 25210.9c further provides that said revolving fund shall be reimbursed from monies made available from a benefiting service area and that no sums shall be disbursed from the revolving fund until the Board of Supervisors has, by resolution, established a method by the term (not exceeding ten years) within which the county service area is to reimburse the revolving fund, and specified that the service area also shall reimburse the funds for interest at the current rate per annum received on similar types of investments, as determined by the County Treasurer; and WHEREAS, the Butte County Board of Supervisors has determined that there is a need to provide monies to County Service Area 34 -Gridley Swimming Pool for maintenance and operation of said pool. NOW, THEREFORE, BE IT RESOLVED by the Butte County Board of Supervisors that: 1. $25,500.00 is to be disbursed from the CSA Revolving Loan Fund to County Service Area 34. 2. The sum disbursed to County Service Area 34 shall be reimbursed to the Revolving Loan Fund according to authorized statutes. 3. County Service Area 34 shall also reimburse the Revolving Loan Fund for interest at a rate per annum equal to that earned by the County on similar types of investments, as determined by the County Treasurer. PASSED AND ADOPTED by the Butte County Board of Supervisors, on this 24`x' day of April, 2007, by the following vote: AYES: Supervisors Connelly, Kirk, Josiassen, Yamaguchi, and Chair Dolan NOES: None ABSENT: None NOT VOTING: None _. .. .: Jane Dolan; Chair Butte County Board of Supervisors ATTEST: PAUL MCINTOSH, Chief Administrative Officer and Clerk of the Bq&rd( J ~'7 -, Y '~~ ~ ~~ ~~~~ GRInLEY AREA SWIMMING POOL - rSA #34 PROPOSED BUDGET 2007-2L Fair Expenditures: Fair Account Nos.* Account Name 501 Administration 503 Payroll Costs 507 Office Supplies 508 Telephone 510 Worker's Compensation 522.01 Life Guard Salaries 522.01 Pool Custodian Salary 522 Pool Labor (Fair) 528 Utilities 530.01 Equipment 530.02 Pool Chemicals 530.03 Special Pool Repairs 533.01 Unassigned Provisions Total Fair Expenditures: Proposed County Expenditures: Countv Account Nos. 527 536901 541 553 554 554181 580 555 *** Account Name Insurance Charges from County Departments Special Departmental Expense Debt Repayment (Loan) Interfund Service Auditor Interfund Service General Services Appropriations for Contingencies Interest Expense Provisions for Designated Fund Balance Total County Expenditures: $48,818.00 TOTAL PROPOSED EXPENDITURES FOR CSA #34: 98 342.00 Total Revenue Available: ***LOan from Revolving Loan Fund RC 4110100 Current Secured Property Tax RC 4110200 Current Supplemental Property Tax RC 4110300 Current Unsecured Properly Tax RC 4410101 Interest RC 4515200 Homeowners Property Tax Relief RC 4600001 Charges for Current Service (Gate Receipts) RC 4600001 Charges for Current Service (Special Tax) Amount $8,400.00 $1,750.00 $100.00 $540.00 $850.00 $15,375.00 $1,620.00 $1,500.00 $9,500.00 $1,000.00 $7,350.00 $1,000.00 $529.00 $49,514.00 $3,000.00 $250.00 $500.00 $26,620.00 ' $1,466.00 $350.00 $0.00 $1,800.00 Z $14,842.00 $zs,soo.oo $33,350.00 (2007-2008 E~ $1,464.00 (2007-2008 E~ $1,332,00 (2007-2008 E' $4,625.00 (2007-2008 E~ $767.00 (2007-2008 E' $5,000.00 (2007-2008 E~ $26,304.00 (2007-2008 Pi TOTAL REVENUE AVAILABLE FOR FY 07 08: 98 342.00 W The fair is reimbursed for expenditures under Butte County account 536-Professional Services. 1 Debt Repayment also includes $25,500 for repayment #1 out of 1 year loan in the amount of $25,500 to be received in July 20f Z Interest Expense also includes $1,800 for interest on the 1 year loan in the amount of $25,500.