FISCAL IMPACT/FINANCING. There will be no impact to the County General Fund.
FISCAL IMPACT/FINANCING. There is no net County cost to this Agreement. The City shall pay the Department for services according to the appropriate and prevailing billing rates as determined by the Auditor-Controller for the FY 2016-17. The City is aware rates will change at the beginning of every fiscal year hereafter, as determined by the Auditor-Controller. Based on current projections, the City will offset the annual cost for services in the amount of $170,792 for one senior criminalist for FY 2016-17.
FISCAL IMPACT/FINANCING. The revenue generated from the Chapter 8 Agreement Sale will recover all of the defaulted property taxes owed on the property, with proceeds apportioned among the affected taxing agencies.
FISCAL IMPACT/FINANCING. Revenue will be provided to the County for apportionment among the affected taxing agencies, which will recover a portion, if not all, of back property taxes, penalties, and costs on the delinquent parcel. Any remaining tax balance will be cancelled from the existing tax rolls. Existing appropriation is available in the Treasurer and Tax Collector’s budget for publication costs. Publishing, in accordance with Section 3798 of the Revenue and Taxation Code, is the most cost- effective method of giving adequate notification to parties of interest.
FISCAL IMPACT/FINANCING. The Department will recover overtime salary costs incurred in OPSG Grant Program activities. Reimbursement claims for expenses will be submitted monthly. The County's allocation of $350,000 for FY 2015 is for overtime only.
FISCAL IMPACT/FINANCING. The maximum annual County obligation for LAC+USC MC under the amended Agreement will be increased from $137,352,944 to $138,503,233, commencing in FY 2015-16. Funding is included in DHS’ FY 2015-16 Recommended Budget. The cost of the additional purchased services and attrition will be fully offset by the reductions in salary funding and services and supplies funding. Funding for future years will be requested as necessary. The estimated annual cost for the Part-time and Intermittent Specialty Physician Services at RLANRC is $1,299,550. Funding is included in DHS’ FY 2015-16 Recommended Budget, and will be requested in future years, as needed.
FISCAL IMPACT/FINANCING. The revenue generated from the Chapter 8 Agreement Sale will recover the TTC’s costs of the sale.
FISCAL IMPACT/FINANCING. As required by the Agreement, the Department will recover any overtime salary costs and other costs, with prior DEA approval; including, but not limited to: travel, fuel, training, and equipment directly related to work performed for the purpose of conducting an official investigation as part of the SCD Task Force. Subject to the availability of funding, the DEA will pay federal funds in the amount of up to $319,554 annually to defray the Department's overtime salary costs associated with the SCD Task Force program. Reimbursement claims for expenses will be submitted monthly.
FISCAL IMPACT/FINANCING. Over the course of the three-year Agreement, the barrel redesign process and donated inventory The Honorable Board of Supervisors 4/4/2017 from AHMC will provide the County with an estimated cost avoidance of over $564,000. If the Director extends the agreement beyond its initial term for the two-year option period, AHMC will be responsible for contribution(s) to be negotiated with the Department that could result in additional cost avoidance. OPERATING BUDGET IMPACT It is anticipated the printing of the barrel wraps in connection with the Trash Barrel Environmental Messaging Campaign in the third agreement year will cost the Department up to $20,000, which will be accommodated within the Department’s Operating Budget.
FISCAL IMPACT/FINANCING. There is no impact on the County general fund. Under the original Loan Agreement as amended, $500,000 in HOME funds were provided for environmental remediation and permanent financing of Willow Apartments as a 30-year, three percent simple interest loan, evidenced by a Promissory Note and secured by a subordinated Deed of Trust. This loan is to be repaid from residual rental receipts generated by operation of the property. The current action will increase this loan by an amount up to $668,424, from $500,000 to a maximum of $1,168,424 in HOME funds, converting to permanent financing at completion of construction. Honorable Board of Supervisors/Commissioners March 29, 2005 Since the start of the project in 2001, the total development cost has increased by $2,622,908, from $4,172,328 to $6,795,236, due to unforeseen costs incurred during the environmental remediation phase, and increased construction costs. The funding gap is being bridged by the increase in HOME funding from the Commission, and by the Developer, through an increase in the private construction loan, additional public funding and additional tax credits. A Financial Analysis is provided as Attachment A.
