Requested Agenda Date:
7/23/2024
Requested Agenda Title:
Title
Budget Adjustment: Fleet Management Requests a Technical Adjustments to Correct an Error in the Allocation of Overhead Costs in the June Budget. This Adjustment Will Restore $100,074 in Overhead Costs
Body
Requested Agenda Item Description: An error occurred in the process of spreading Fleet Management's 2024 overhead charge to their subdepartments, resulting in overhead June budget adjustment amounts in two instances being lower than the source 2024 County overhead allocation amounts. In order to post these actual overhead charges to the affected departments and accounts, this technical adjustment needs to occur so that these actual overhead charges do not exceed the budget.
Requested Action: Discussion - Vote Needed
Presenter(s) (with titles): Hoa Nguyen, Council Budget and Policy Analyst
Time Needed: Less than 5 MINS
Is this Item Time-Sensitive and/or Requesting a Time-Certain? No
Requesting Staff Member: Scott Baird, Public Works Department Director
Are Supporting Documents Needed for this Agenda Item Request? Yes
Fleet Management requests a technical adjustment to correct an error in the allocation of overhead costs in the June budget. This adjustment will restore $100,074 in overhead costs.