Agenda

Return

C.3

To:	Contra Costa County Fire Protection District Board of Directors
From:	Jeff Carman, Chief, Contra Costa County Fire Protection District
Date:	June 12, 2018

Contra

Costa

County

Subject:

Appropriation and Revenue Adjustment – District Administration Building

APPROVE	OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR	RECOMMENDATION OF BOARD COMMITTEE

Action of Board On: 06/12/2018

APPROVED AS RECOMMENDED

OTHER

Clerks Notes:

VOTE OF SUPERVISORS

AYE:

John Gioia, Director
Candace Andersen, Director
Diane Burgis, Director
Federal D. Glover, Director

ABSENT:

Karen Mitchoff, Director

Contact:

Jackie Lorrekovich, Chief Admin Svcs (925) 941-3300 x1300

I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown.
ATTESTED: June 12, 2018
David Twa,

BY:	, Deputy

RECOMMENDATION(S):

APPROVE Appropriation and Revenue Adjustment No. 5079 authorizing new revenue in the amount of $1,261,500 from the May 2018 residual distribution of the Redevelopment Property Tax Trust Fund and appropriating it for tenant improvements and rent payments during fiscal year 2017-18 for the new Contra Costa County Fire Protection District Administrative Office located at 4005 Port Chicago Highway, Suite 250, in Concord, California.

FISCAL IMPACT:

100% Special District Revenue. Use of new revenue from current secured property taxes.

BACKGROUND:

The Contra Costa County Fire Protection District (District) relocated to a new administrative office in February 2018. The new office is leased and requires monthly rent payments. Prior to occupying the property, a number of tenant improvements were necessary. Specific costs for both rent and tenant improvements were not known at the time the District prepared its 2017-18 recommended budget.

BACKGROUND: (CONT'D)

The District received approximately $3.6 million more in current secured property taxes than was budgeted for in fiscal year 2017-18. This is due to a larger than anticipated residual distribution from the Redevelopment Property Tax Trust Fund (RPTTF). Approximately $1.26 million of that will be used to pay for tenant improvements and rent payments from February through June 2018. Tenant improvements are complete. There should be no additional charges. Rent payments were budgeted for in the District's fiscal year 2018-19 budget.

CONSEQUENCE OF NEGATIVE ACTION:

This revenue and appropriation adjustment is necessary to have adequate budgeted funds in the current fiscal year to pay Public Works for interagency charges for building occupancy costs (rent payments) and other charges (tenant improvements).