MEETING DATE: 3/19/2019
DEPARTMENT: COUNTY ADMINISTRATION OFFICE
DEPT HEAD/DIRECTOR: Ray Espinosa
AGENDA ITEM PREPARER: Stewart Patri
SBC DEPT FILE NUMBER: 865
SUBJECT:
COUNTY ADMINISTRATION OFFICE - R. ESPINOSA
Approve budget adjustment to increase economic development appropriations in the amount of $32,000.00.
SBC FILE NUMBER: 865
AGENDA SECTION:
CONSENT AGENDA
BACKGROUND/SUMMARY:
Background:
Annually, during the budget hearings, the Board of Supervisors allocates funding for Economic Development in San Benito County. The amount allocated for FY 18/19 is $35,000. On March 5, 2019, the Board Of Supervisors directed staff to allocate $67,000 to the following organizations:
- Monterey Bay Business Council $2,000;
- Monterey Bay Economic Partnership $5,000.;
- Economic Development Corporation $45,000; and
- San Benito County Chamber $15,000.
The board directed staff to transfer $32,000 of lobbyist contract appropriations to economic development. However, the Board did not make a motion to approve a budget adjustment for this amount ($32,000).
Conclusion:
To execute the request from the Board of Supervisors a budget adjustment in the amount of $32,000 must be approved.
Board direction will be used for staff proposals in the FY2019/2020 budget hearings for future Economic Development funding.
BUDGETED:
Yes