RESOLUTION NO. 2024-
A RESOLUTION OF THE CAMARILLO SANITARY DISTRICT ADOPTING THE FISCAL YEAR 2024/25 BUDGET
The Board of Directors of the Camarillo Sanitary District resolves as follows:
SECTION 1:The Board of Directors of the Camarillo Sanitary District (CSD) finds and declares as follows:
A. The CSD held a preliminary budget workshop on March 6, 2024, a capital and operating budget workshop on May 18, 2024, a capital projects plan public hearing and a public meeting to review, consider, and deliberate upon the proposed budget as well as to hear any public comments on June 26, 2024; and
B. The proposed budget submitted has been reviewed by the CSD during the CSD budget workshops.
SECTION 2: The Camarillo Sanitary District adopts Budget for Fiscal Year 2024/25. The budget for FY 2024/25 is hereby adopted.
SECTION 3: Camarillo Sanitary District Budget Authority. The Board of Directors approval of the adopted budget shall be for the CSD as a whole and it is hereby mandated that a change of overall appropriation shall be subject to approval of the Board of Directors.
SECTION 4: Administrative Budget Authority. It is hereby declared that, in addition to the Board of Director’s level of authority, there is a need for a level of administrative authority over the adopted budget. The District Manager, therefore, shall have the administrative authority to approve appropriation transfers between expenditure line-item accounts as long as the funding source for the line-item from which the appropriation is being transferred is a legal funding source for the new anticipated use.
SECTION 5: Budget Carryovers. It is hereby approved that all appropriations for FY 2023/24 shall lapse June 30, 2024 and any remaining amounts shall be credited against their respective fund balances except for:
A. Any unexpended but encumbered amounts for specific orders outstanding at the end of FY 2023/24; and
B. Any unexpended appropriations for incomplete capital projects in the capital budget at the end of FY 2023/24; and
C. Any unrealized revenues and unexpended appropriations for grants at the end of FY 2023/24.
And, that for these exceptions, the District Manager shall have the authority to approve these appropriation carryovers from FY 2023/24 into FY 2024/25; and that such carryovers may be made without further District action, since prior authorization has been given for these appropriations; and, when carried over and re-budgeted for FY 2024/25, these appropriations shall be offset by a debit to their respective fund balances.
CSD Resolution No. 2024-
SECTION 7: Effective Date. This Resolution shall take full force and effect on July 1, 2024, after its adoption by the Camarillo Sanitary District.
PASSED AND ADOPTED on June 26, 2024.
Chairman
Attested to on
Assistant Secretary
I, Kristy Buxkemper, Assistant Secretary of the Camarillo Sanitary District, certify CSD Resolution No. 2024- was adopted by the Board of Directors of the Camarillo Sanitary District at a regular meeting held June 26, 2024, by the following vote:
AYES: Directors:
NOES: Directors:
ABSENT: Directors:
Assistant Secretary