PRRIP Late 2007 to 2008 - Laserfiche WebLink

Home Browse Search

Memorandum 40 To: Finance Committee From: Jerry F. Kenny, Executive Director Date: October 3, 2007 Subject: Budget Reallocations among Tasks to Fund WEST, Inc. Continuing Services Contract There is one set of budget reallocations requiring review by the Finance Committee at this time. for continuing services for Dale and other members of WEST, Inc. staff. This contract is primarily an extension for Task S -1, Interim Executive Director. The contract has been executed, and establishes a fee maximum of $75,000. To accommodate this fee, a budget reallocation is required but no budget increase s necessary. Of the $75,000, a portion ($25,000) is the fee for Task WC -2, Analysis of CA Collected Whooping Crane Monitoring Data. This fee was already assigned to WEST, Inc, and this contract simply extends the time frame for completion of that work. There is no budget reallocation associated with this item. The remaining $50,000 is to allow on -going support to the Executive Director's Office by Dale Strickland and other members of his staff during the period of transition from October 2007 through March 2008. To provide this amount, available funds were identified by Dale Strickland, Clayton Derby, and Jerry Kenny in three other tasks. These tasks were: 1. Task S -2, Project Administrative Services Assistance The available budget of $55,000 can be reduced to $17,000, providing $38,000 for reallocation. 2. Task S -3, Recruit and Hire ED The available budget of $6,688 can be reduced to $688, providing $6,000 for reallocation. Task TP -1, Tern and Plover Report The available budget of $20,000 can be reduced to $14,000, providing $6,000 for reallocation. Reallocation as described above, provides funds for the WEST, Inc. Continuing Services contract while leaving sufficient funds in Tasks S -2, S -3, and TP -1 to accommodate any remaining activity that might be associated with these tasks. •