(2) authorized County Department Heads and/or Board Chairperson to sign the continuing grant applications and revenue agreements contained in the 2006-2007 continuing agreements list; and

ACCEPTED AND FILED final report of the San Lorenzo Valley Trail Feasibility Study dated June 2006; and

(2) adopted RESOLUTION NO. 239-2006 accepting a cash flow loan from the County to cover the Agency's 2006-2007 administrative costs (Attachment 2);

(3) directed the Auditor-Controller, in preparing the Final Budget, to incorporate appropriation changes provided by Agency Staff to Capital Projects for 2006-2007 based upson the diffrence between estimated actuals and final costs for 2005-2006 expenditures;

(4) approved the Supplemental budget request to adjust funding for the Lower Chanticleer Avenue Improvement Project;

(5) approved findings related to funding of graffiti removal;

(6) directed Agency staff to obtain required permits and take the actions necessary to demolish building on "The Farm" property; and

(1) authorized the Auditor-Controller to re-budget revenues with the concurrence of the County Administrative Officer;

(2) authorized the Auditor-Controller with the concurrence of the County Administrative Officer to make necessary year end adjustments and adjustments for 2006-2007 to internal service fund revenues and appropriations for the actual depreciation;

(3) authorized the Auditor-Controller and the County Administrative Officer to adjust property tax revenues based on actual Assessor's tax roll;

(4) authorized the Auditor-Controller and the County Administrative Officer to re-budget all unexpended balances in the Plant Acquisition Indexes within the Capital Projects Fund (Fund 40), to transfer all capital project cash balances, to adjust the appropriations of the various Park Dedication Budgets for excess available financing by increasing the Land-Other sub object;

(5) authorized the Auditor-Controller and the County Administrative Officer to adjust Contingencies due to increases and decreases in available financing;

(6) authorized the Auditor-Controller with concurrence of the County Administrative Officer to re-budget any encumbered balances at year end and unexpended grant appropriations and revenues as part of the 2006-2007 budget;

(7) authorized the Auditor-Controller to re-budget unexpended FEMA funds;

(8) authorized the Auditor-Controller to adjust the continuing contracts list for changes in appropriations made by the Board during Budget Hearings and to correct any minor errors;

(9) authorized the County Administrative Officer, including acting as the Executive Director of the Redevelopment Agency, and the Executive Director of the Public Finance Authority to take the necessary actions on behalf of the board during the summer recess to implement the 2006-2007 Budget as approved;

(10) authorized the Auditor-Controller to make necessary transfers from trust funds in accordance with the estimated 2005-2006 departmental revenues;

(11) Authorized the Auditor-Controller and the Personnel Director to make necessary changes to reconcile position detail to incorporate personnel actions which have been approved since the publication of the Proposed Budget and correct associated position schedules, as required;

(12) authorized the Auditor-Controller and the County Administrative Officer to adjust the debt service budget for the County's 2006-2007 Tax and Revenue Anticipation Notes;

(13) authorized the County Administrative Officer to sign any grant documents which have been approved as part of the Final Budget;

(14) authorized the Personnel Department, in conjunction with departments and the County Administrative Office, to fill all new employee positions approved by the Board in budget hearings, and authorized the purchase of all fixed assets contained in fixed asset schedules of each department budget approved by your Board in budget hearings as of July 1, 2006 and establish 12:01 AM on August 12, 2006 as the effective date and time for layoffs should any such reductions be required;

(15) authorized the Auditor-Controller to continue making certain entitlement payments under the provision of the Welfare and Institutions Code Section 11207, as the State has failed to meet its Constitutional deadline of June 15th for adoption of the State Budget;

(16) authorized the County Administrative Officer to make transfers of appropriations within a budget unit as permitted by Government Code Section 29125 to facilitate year end closing;

(17) authorized the County Administrative Officer and Auditor-Controller to make all necessary fiscal year end adjustments and report back on those changes needing to be ratified by Board of Supervisors action;

(18) authorized the Auditor-Controller to secure the necessary professional services to perform the arbitrage calculations on various County and Redevelopment Agency bond issues in order to ensure compliance with Federal regulations;

(19) authorized the County Administrative Officer and Auditor-Controller to make 2005-2006 Revenue adjustments (increases and decreases) for Proposition 4 with the balance accruing to contingencies;

(20) authorized the County Administrative Officer to realign the public assistance appropriations in the Human Resources Agency budget as needed throughout the year without increasing total appropriations or Net County costs;

(21) authorized the Auditor-Controller to adjust the final year end appropriations and revenues in Index 451010 for the Contribution to the State Courts/Maintenance of Effort Growth Split; and

(22) approved the 2006-2007 Proposed Budget with Supplemental and all last day reports and the financial adjustments in the Last Day Financial Update which is Attachment 1 of the letter dated June 21, 2006 including the adjustments and actions included in Exhibits 1,2,3,4,5 and 6 of Attachment 1; and adopted RESOLUTION NO. 240-2006 accepting and appropriating unanticipated revenue and authorizing transfers of funds among various general indexes