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7 <br /> THE CITY OF IN <br /> � .. -. S. !a, M.-- CITY COUNCIL AGENDA REPORT <br /> PLEASANTON. <br /> April 18, 2023 <br /> Engineering <br /> TITLE: AUTHORIZE A SECOND BUDGET AMENDMENT FOR THE GHAD <br /> (GEOLOGIC HAZARD ABATEMENT DISTRICT) PROGRAM'S <br /> SPECIAL REVENUE FUND AS ALLOCATED IN THE OPERATING <br /> BUDGET FOR FY 2021/22 - FY 2022/23 <br /> SUMMARY <br /> Staff proposes a second budget amendment, as described in the FY 2021/22 - FY <br /> 2022/23 Operating Budget for the Geologic Hazard Abatement District (CHAD) <br /> program, to authorize the use of collected funds held in reserve. This action will allow <br /> the City Manager to execute an amendment to the professional services agreement with <br /> the City's consultant, ENGEO, Inc., for geotechnical engineering services. Additional <br /> services are needed to evaluate recent storm damage within the Laurel Creek CHAD. <br /> RECOMMENDATION <br /> Authorize a second budget amendment for the GHAD Division Special Revenue Fund <br /> as allocated in the FY 2021/22 - FY 2022/23 Operating Budget per the following table: <br /> Original 1St Budget 2nd Budget <br /> GHAD Budget Amendment Amendment Total Amended Budget <br /> on 8-16-2022 (proposed) <br /> Laurel Creek $47,709 $16,394 $15,071 $79,174 <br /> Available Reserves as of 6-30-2022 $992,309 <br /> FY 2022/23 Expected Encumbrances <$79,174> <br /> FY 2022/23 Remaining Reserves $913,135 <br /> FINANCIAL STATEMENT <br /> Funding that is collected but not spent within each GHAD is transferred to a reserve <br /> account. GHAD funds are segregated from all other City funding sources and cannot be <br /> commingled. The reserve account balances and requested amendment amounts are <br /> summarized below: <br /> Original 1St Budget 2nd Budget <br /> GHAD Budget Amendment Amendment Total Amended Budget <br /> on 8-16-2022 (proposed) <br /> Laurel Creek $47,709 $16,394 $15,071 $79,174 <br /> Moller Ranch $13,991 $35,011 $0 $49,002 <br /> Lemoine Ranch $8,851 $16,646 $0 $25,497 <br /> Oak Tree Farm $13,448 $16,046 $0 $29,494 <br />