August 22, 2008

SUMMARY OF THE BOARD OF DIRECTORS

MEETING OF AUGUST 22, 2008

   
1.
Authorized miscellaneous budget transfers in the FY 07/08 Operating Budget and miscellaneous budget adjustments in the FY 08/09 Operating Budget, associated with higher than expected professional services, labor and workers’ compensation costs, as well as higher than expected revenue from the Agreement for Marin Local Bus Service between the District and the Marin County Transit District.
 
2.
Authorized a budget transfer from the FY 07/08 Operating Budget to the FY 07/08 Capital Budget in the amount of $214,900, and authorized a budget increase in the FY 07/08 Capital Budget in the amount of $2,661,500, for recognition of Indirect Cost and Excess District Project Management Costs; and, amended Resolution No. 2008-060 accordingly.
   

 

/s/ Janet S. Tarantino, Secretary of the District