Loading...
HomeMy WebLinkAbout2015-01-13; City Council; 21814; Grant Request from CB Ranch Enterprises of Carltas Company Aid to Flower Fields Carlsbad RanchsCITY OF CARLSBAD - AGENDA BILL c�61F0R��� AB# 21,814 ADOPT A RESOLUTION APPROVING TWO GRANT DEPT. DIRECTOR MTG. 1 / 13 / 15 REQUESTS FROM CB RANCH ENTERPRISES, A CITY ATTORNEY DEPT. CED SUBSIDIARY OF CARLTAS COMPANY, AND CITY CITY MANAGER ADMINISTRATIVE CHARGES FOR A TOTAL OF $18,150 74) TO PROVIDE AID TO THE FLOWER GROWING OPERATIONS OF THE FLOWER FIELDS AT CARLSBAD RANCH, AND AUTHORIZE THE APPROPRIATION OF FLOWER FIELD GRANT FUNDS RECOMMENDED ACTION: Adopt Resolution No. 2015-005 , approving two grant requests from CB Ranch Enterprises, a subsidiary of Carltas Company, and city administrative charges for a total of $18,150 to provide aid to the flower growing operations of the Flower Fields at Carlsbad Ranch, and authorize the appropriation of Flower Field grant funds. ITEM EXPLANATION: On June 30, 1997, the city entered into an agreement with the California Coastal Conservancy to administer grants supporting floriculture research for the preservation of the "Flower Fields" located on Carlsbad Ranch. On August 29, 1997, the city received a $935,000 grant from the Conservancy and deposited it into an interest accruing special revenue account. The agreement with the Conservancy stipulates which research projects may be funded. These include "species vitality, multiple cropping opportunities, soil variables and conditions, climate, seed promulgation, and marketing analysis." The agreement also stipulates that the amount of funds disbursed be limited to the amount of accrued interest to date not previously expended or encumbered. At this time, the amount of accrued interest in the account is approximately $18,402. The aggregate costs that CB Ranch incurred during 2013-14 ($33,579) exceeds the funds available for grants. CB Ranch is requesting funding for 49 percent of the total costs for a total of $16,500 with the balance of costs to be borne by the Flower Fields. The current request is for $16,500, plus 10 percent ($1,650) for administration costs totaling $18,150. The requests grants are for two major research projects undertaken in 2013-14. The projects and the corresponding grant requests are outlined in the table on the next page. The grants request has been reviewed and found consistent with the objectives of the Coastal Conservancy/City of Carlsbad agreement regarding the Flower Field funds. Project budgets were reviewed and found to be reasonable for equipment, supplies, services performed, etc. The city maintains financial accounts relating to the projects. DEPARTMENT CONTACT: Michele Masterson michele.masterson@carlsbadca.gov FOR CITY CLERKS USE ONLY. COUNCIL ACTION: APPROVED CONTINUED TO DATE SPECIFIC ❑ DENIED CONTINUED TO DATE UNKNOWN ❑ CONTINUED ❑ RETURNED TO STAFF ❑ WITHDRAWN ❑ OTHER —SEE MINUTES ❑ AMENDED ❑ Flower Fields Allocations Page 2 of 2 "Flower Fields Grant Allocations and Appropriation of Funds" Project Name Project Description Grant Amount Herbicide Trial • This trial of using Quicksilver was a roll over trial from 2011-12. $4,411.20 • Herbicide trial was successful and has potential to lower weeding labor for the project. • CB Ranch recently entered into discussion with the manufacturer of the material to determine the best course of action for registering the product for use on the crops in Carlsbad. Methyl Bromide • This trial is designed as a repeating experiment observing the mid to $12,088.80 Alternatives long term effects of the most probable materials to be used as replacements to Methyl Bromide. • The results were very solid and clearly demonstrated similar crop yields as quality as compared to the Methyl Bromide standard. Weed control was once again the limiting factor with the alternatives requiring double the hand weeding. • Further studies will be required to find economically viable methodologies to mitigate the pending loss. City • 10% of the grant request for city's administration of the Flower Field $1,650.00 Administration fund and related grant requests. Fee TOTAL REQUEST: $18,150.00 FISCAL IMPACT: CB Ranch Enterprises, a subsidiary of Carltas Company, is requesting $16,500 from the Flower Fields fund. Given the interest accrual of the Flower Fields fund at this time (approximately $18,400), there are sufficient funds to cover the combined grant requests ($16,500) as well as City of Carlsbad administrative costs (10 percent of grant, or $1,650) for a total of $18,150. ENVIRONMENTAL IMPACT: The requested grants are for projects, which are exempt from environmental review pursuant to Section 15301 (Existing Facilities) of the California Environmental Quality Act (CEQA), which exempts projects that consist of the "operation, repair, maintenance, permitting, leasing, licensing, or minor alteration of existing public or private structures, facilities, mechanical equipment, or topographical features, involving negligible or no expansion of use beyond that existing at the time of the lead agency's determination." EXHIBITS: 1. City Council Resolution No. 2015-005 2. Flower Field Grant Request Letter, dated October 9, 2014 I 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 2015-005 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD CALIFORNIA, APPROVING TWO GRANT REQUESTS FROM CB RANCH ENTERPRISES, A SUBSIDIARY OF CARLTAS COMPANY, FOR RESEARCH PROJECTS INTENDED TO ENSURE THE LONG-TERM PRODUCTIVITY OF THE FLOWER FIELDS AT CARLSBAD RANCH. CASE NAME: FLOWER FIELDS GRANT ALLOCATIONS The City Council of the City of Carlsbad, California, does hereby resolve as follows: WHEREAS, CB Ranch Enterprises, a subsidiary of Carltas Company, as property owner and on behalf of the "Flower Fields" grower, has filed a request for two grants for research conducted during the 2013-14 growing season; and WHEREAS, the first grant request is for $4,411.20 for research conducted on new herbicides targeting weeds; and WHEREAS, the second grant request is for $12,088.80 for research conducted on alternatives to Methyl Bromide; and WHEREAS, the city administration fee for the grants is $1,650; and WHEREAS, staff has reviewed and recommends that each grant is consistent with the purpose stipulated in the agreement between the city and the California Coastal Conservancy and with reasonable and customary costs associated with the scope of work covered in each grant request; and WHEREAS, the City Planner has determined that the projects covered by the grant requests are categorically exempt from environmental review pursuant to §15301 (existing facilities); and WHEREAS, there are sufficient funds in the special revenue fund to cover both of the grants and the city's administrative costs. 3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 NOW, THEREFORE BE RESOLVED, by the City Council of the City of Carlsbad, California, as follows: 1. That the above recitations are true and correct. 2. That the Flower Fields Grants No. 1 and 2 for 2013-14 are approved. 3. City Council authorizes the appropriation of $18,150 from the Flower Fields Fund to pay for the grants ($16,500) and the city's administrative costs ($1,650). Condition: 1. Prior to the submittal of any future grant requests, the property owner/applicant shall submit a report to the Carlsbad Community and Economic Development Department detailing how much each project met the intended objectives. -2- 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council of the City of Carlsbad on the 13th day of January 2015, by the following vote to wit: AYES: Council Members Hall, Blackburn, Schumacher, Wood, Packard. NOES: None. ABSENT: None. MATT ALL, Mayor ATTEST: BARBARA ENGLESO ity Clerk o , fill lio °e w r EXHIBIT 2 �I�Ir�I,tl`1*10i City of Carlsbad October 9, 2014 1635 Faraday Avenue Faraday Avenue Carlsbad, California Attn: Michele Masterson 2013-14 Request for Flower Field Grant Fundina We request funding support for major research projects undertaken in 2013-14 Research Work Undertaken Projects for which support is requested are (1) Tests of a series of new herbicides, (2) continuation of the tests and evaluation of fumigation alternatives to Methyl Bromide. While the aggregate of costs incurred ($33,579) exceeds funds we understand are available for grants, we ask for approval for these projects and funding for approximately49% of the total costs for a total grant of $16,500 with the balance of costs ($17,079) to be borne by the Flower Fields. 1. Herbicide Trial (1 Acre) Narrative from 2012: The hand weeding costs for the Flower Fields are very significant and as a result we continue to seek new and novel herbicides that can help lower the populations of our target weeds. The search becomes even more critical as the phase out process of Methyl Bromide continues to advance nationally and internationally. To date we have trialed many materials with variable results. This past season we focused on a newer material with the most promise to date, Quicksilver. Quicksilver is a post -emergent herbicide therefore our trials were focused once again on the critical aspects of rate per acre as well as timing relative to stage of growth for both the ranunculus crop itself as well as the weed. The trials indicated that we had very good control of our weed targets with only slight impact on crop development for mid -range labeled rates. The trial will be scaled up to larger blocks in 2012-13 with an additional focus on potential for "residual activity° from the previous year's trial. 2013-14 Summary and Concluslons: This trial was a roll over trial from 2011-12. As with any herbicide a multi year track record of successful usage must be documented and scaled up systematically under a number of environmental conditions to Insure that crop damage and yields are not impacted. In 2013-14 rates of usage were refine over approximately 1 acre. In addition the usage of the material for spot small scale applications was reviewed. Through the trials this season we had very successful control of Cheeseweed but limited control, especially at lower rates, of the other main weed we are faced with, Clover. Overall the product did still perform well and has significant application opportunities for the Flower Fields projects. As a result we have recently entered into 7220 AVENIDA ENCINAS SUITE 204 • CARLSBAD9 CA 92011 TELEPHONE (760) 930-9123 FAx (760) 431-9020 WWW.THErLONVERFIELDS.COM discussion with the manufacturer of the material, FMC, to determine the best course of action for registering the product for use on our crops in Carlsbad. 2. Methyl Bromide Alternatives (1 acre) Narrative from 2012: As the Methyl Bromide phase out continues we are faced with the ongoing search for possible replacements. In 2011 we were very optimistic that after many years of R&D the newly registered fumigant, MIDAS, was going to be an effective replacement in our cropping system. Unfortunately the manufacturer of the material has chosen to remove the product from the US. In view of the circumstances we initiated trials in the 2011-12 crop year with the next best alternatives focusing on not only application methodology and fumigant combinations but also on a long term look at what the ramifications may be after multiple year's usage. Year one of the went well with several alternatives demonstrating "acceptable" results yet clearly identifying that one of the biggest limitations was weed control. Being a multi year trial we are looking forward to results for years 2 & 3. 2013-14 Summary and Conclusions: As noted in the narrative from 2012, this trial is designed as a repeating experiment observing the mid to long term effects of the most probable materials to be used as replacements to Methyl Bromide. This was the third year of replication with treatments established exactly on the same spots as previous years. The results were very solid and clearly demonstrated similar crop yields and quality as compared to our Methyl Bromide standard. Weed control however was once again the limiting factor with the alternatives requiring double the hand weeding time of the Methyl Bromide standard. This projects out to be a very significant increase in labor costs to the project which when combined with the elevated application costs for the alternative materials results in a serious challenge to operational profitability. Further studies will be required to find economically viable methodologies to mitigate the pending loss. As in the past, the support from this grant is an important element in our efforts to maintain the unique monoculture of the flower Fields which gives Carlsbad a distinctive destination- without the support our ability to take the risks Inherent in these trials would be very constrained, and the benefits realized from past efforts may not have been achieved. Ranch Enterprises Cc: Michael Mellano Flower Field Grant Expenses vs. Actual Totals 3uly/112O13 to 3une/30J2O14 Expenses• Pesticides; Fertilizer Planting Stock - Plugs Wages & Salaries; Weeding Picking Digging/Prep Grading Seeding Harvest Misc. Payroll Taxes Workers Compensation Employee Benefits Supplies Gas & Oil Equipment Leasing Licenses & Taxes Repair & Maint. General Telephone Misc. General Utilities Water Outside Services Management Fee Rent Interest Crop Year Interest Bulb Cvcle Total Expenses: 10/8/2014 Flower Fields 13-14 P/L page 1 a MELLA.NO & COMPANY INVOICE Growing f or you since 1925" Mellano Los Angeles 766 South Wall Street Los Angeles, CA 90014 (880) 63. "266 Fax (213) 229-0149 Mellano San Luis Rey P.O. Box 100 San Luis Rey, CA 92068 (800) 635-5266 Fax.(746)433-6721 Bill To: CB.Ranch Enterprises 5600 Avenida Encinas Ste 100 Carlsbad CA 92006 Fax#: (760) 431-9020 Ext, 0000 IrtV ie�a # 1001NV0731817 Llat41 8/1 M013 ags 1 Mellano Las Vegas 4301 S. Valley View, #8 Las Vegas, NV 89103 (702) 893-1357/ (888) 2MELLANO Fax (702) 792-9911 Ship To: CB Ranch Enterprises Attn: Accounting 5600 Avenida Encinas Ste 100 Carlsbad CA 92008 Waybill # McBano Carlsbad 5800 Avenidas Encinas, #20 Carlsbad, CA 92008 (760) 929-96.77 Fait (760) 929-2871 9 MELL,A O & COMPANY INVOICE "Gi owing for you since 1925" Mellano Los Angeles 766 South Wall Street Los Angeles, CA 90014 (888) 635-5266 Fax: (213) 229-0149 Mellano San Luis Rey P.O. Box 100 San Luis Rey, CA 92068 (800) 635-5266 Fax (760) 433-6721 Bill To: CB Ranch Enterprises 5600 Avenida Encinas Ste 100 Carlsbad CA 92008 Fax#; (760) 431-9020 Ext. 0000 lriJbi I `: 10QINVO7411813 plate 9/18/2013 e: 1 Mellano Las Vegas 4301 S. Valley View, #8 Las Vegas, NV 89103 (702) 893-1357/ (888) 2MELLANO Fax (792) 792-9911 Ship To: CB Ranch Enterprises Attn: Accounting 5600 Avenida Encinas Ste 100 Carlsbad CA 92006 Waybill # Mellano Carlsbad 5600 Avenidas Endnes, #20 Carlsbad, CA 92008 (760) 929-9677 Fax (760) 929-2871 (D MEL ANO & COMPANY "Growing for you since 19Z" Mellano Los Angeles Mellano San Luis Rey 766 South Wall Street P.O. Box 100 Los Angeles, CA 90014 San Luis Rey, CA 92068 (888) 635-5266 (800) 635-5266 Fax: (213) 229.0149 Fax: (700) 433-6721 Bill To: CB Ranch Enterprises 5600 Avenida Encinas Ste 100 Carlsbad CA 92008 Fax#: (760) 431-9020 Ext, 0000 INVOICE Invoice# '1001NV0765987 %ti 1=0/2013 Mellano Las Vegas Mellano Carlsbad 4301 S. Valley View, #8 5600 Avenidas Encinas, #20 Las Vegas, NV 89103 Carlsbad, CA 92008 (702) 893-1357/ (888) 2MELLANO (760) 929-9677 Fax: (702) 792-9911 Fax. (7eo) 929-2871 Ship To: CB Ranch Enterprises Attn: Accounting 5600 Avenida Encinas Ste 100 Carlsbad CA 92008 Waybill # MELLANO & COMPANY INVOICE "Growing h.- you since 1925" Mellano Los Angeles 766 South Wall Street Los Angeles, CA 90014 (888) 635-5266 Fax: (213) 229-0149 Mellano San Luis Rey P.O. Box 100 San Luis Rey, CA 92068 (800) 635.6266 Fax: (760) 433-6721 Bill To: CB Ranch Enterprises 5600 Avenida Encinas Ste 100 Carlsbad CA 92008 Fax#: (760) 431.9020 Ext. 0000 tnv9ice . .1001NV0811526 Ee 11/16/2013 Mellano Las Vegas 4301 S. Valley View, #8 Las Vegas, NV 89103 (702) 893-1357/ (888) 2MELLANO Fax: (702) 792-9911 Ship To: CB Ranch Enterprises Attn: Accounting 5600 Avenida Encinas Ste 100 Carlsbad CA 92008 Waybill # Mellano Carlsbad 5600 Avenidas Endnas, #20 Carlsbad, CA 92008 (760) 929-9677 Fax: (760) 929-2871 ��e MEL1 ANO & COMPANY INVOICE "Growing for you since 1925" Mellano Los Angeles Mellano San Luis Rey 766 South Wall Street P.O. BOX 100 Los Angeles, CA 90014 Son Luis Rey, CA 92068 (888) 635=5268 (800) 635.5266 Fax: (213) 229-0149 Fax (760) 433-6721 Bill To: CB Ranch Enterprises 5600 Avenida Encinas Ste 100 Carlsbad CA 92008 Fax#: (760) 431-9020 Ext. 0000 InVpl".110 1001NV0826123 Date � 12/15/2013 - a 1 Mellano Las Vegas 4301 S. Valley View, #8 Las Vegas, NV 89103 (702) 893-1357/ (888) 2MELLANO Fax: (702) 792-9011 Ship To: CB Ranch Enterprises Attn: Accounting 6600 Avenida Encinas Ste 100 Carlsbad CA 92008 Waybill # Mellano Carlsbad 5600 Avenldas Enoinas, #20 Carlsbad, CA 92008 (760) 929-9617 Fax (760) 929-2871 11 MELLANO & COMPANY INVOICE "Growing for you since 1925". Mellen Los Angeles 766 South Wall Street Los Angeles, CA 90014 (888) 635-5266 Fax., (213) 229.0149 Mellano San Luis Rey P.O. Box 100 San Luis Rey, CA 92068 (800)636-5266 Fax (760) 433-6721 Bill To: CB Ranch Enterprises 5600 Avenida Encinas Ste 100 Carlsbad CA 92008 Fax#: (760) 431-9020 EA. 0000 in:".Dice 1g01NV0841757 Qate 1/15/2014 Mellaho Las Vegas 4301 S. Valley View, #8 Las Vegas, NV 89103 (702) 893-13571(888) 2MELLANO Fax:.(702) 792-9011 Ship To: CB Ranch Enterprises Attn: Accounting 5600 Avenida Encinas Ste 100 Carlsbad CA 92008 Waybill # Mellano Carlsbad 5600 Avenldas Encinas. #20 Carlsbad, CA 92008 (760) 929-9077 Fax (760) 929-2871 jq! MELLANO & COMPANY "Growing for you since 1925" Mellano Los Angeles Mellano San Luis Rey 766 South Wall Street P.O. Box 100 Los Angeles, CA 90014 San Luis Rey, CA 92068 (888) 635-5266 (800) 635-5266 Fax (213) 229-0149 Fax V80) 433-6721 Bill To: CS Ranch Enterprises 5600 Avenida Encinas Ste 100 Carlsbad CA 92008 Fax#: (760) 431-9020 Ext.0000 INVOICE ltivpice# ::.1001NV0858364 MPG.:2/18/2014 Mellano.Las Vegas Mellano Carlsbad 4301 S. Valley View, 08 5600 Avenidas Encinas, #20 Las Vegas, NV 89103 Carlsbad, CA 92008 (702) 893-13571(888) 2MELLANO (760) 929-9677 Fax: (702) 792-9911 Fax: (760) 929-2871 Ship To: CB Ranch Enterprises Attn: Accounting 5600 Avenida Encinas Ste 100 Carlsbad CA 92008 Waybill # MELLANO & COMPANY "Growing hr you since 1925„ Mellano Los Angeles 766 South Wall Street Los Angeles, CA 90014 (888) 635-5266 Fax (213) 229-0149 Mellano San Luis Rey P.O. Box 100 San Luis.Rey, CA 92068 (800) 635-5266 Fax (760) 433-6721 Bill To:. CB Ranch Enterprises 5600 Avenida Encinas Ste 100 Carlsbad CA 92008 Fax#: (760) 43.1-9020 Ext. 0000 INVOICE invQrce. 1o0iN (0879483. Ddte '; 3/17/2014 Mellano Las Vegas Mellano Carlsbad 4301 S. Valley View, #8 5600 Avenidas Encinas, #20 Las Vegas, NV 89103 Carlsbad, CA 92008 (702) 893-1357/ (888) 2MELLANO (760) 929-9677 Fax (702) 792-9911 Fax (760) 929-2871 Ship To: CB Ranch Enterprises Attn. Accounting 5600 Avenida Encinas Ste 100 Carlsbad CA 92008 Waybill # M MELLANO & COMPANY INVOICE "Growing for you since 1925„ Mellano Los Angeles 766 South Wall Street Los Angeles, CA 90014 (888) 635-5266 Fax (213) 229-0149 Meilano San Luis Rey P.O. Box 100 San Luis Rey, CA 92068 (800) 6355266 Fax (760) 433.6721 Bill To: CB Ranch Enterprises 5600 Avenida Encinas Ste 100 Cadsbad CA 92008 Fax#: (760) 431-9020 Ext. 0000 invoice # 1001NV08818a9 Da4/13%2014 Mellano Las Vegas 4301 S. Valley View, #8 Las Vegas, NV 89103 (702) 893-1357/ (888) 2MELLANO Fax (702) 792-9911 Ship To: C13 Ranch Enterprises Attn: Accounting 5600 Avenida Encinas Ste 100 Carlsbad. CA 92008 Waybill # Mellano Carlsbad 5600 Avenidas Encinas, #20 Carlsbad, CA 92008 (760) 92941677 Fax (760) 929-2871 11 MKLANO & .COMPANY "Growing for you since 1926" Mellano Los Angeles Mellano San Luis Rey 766 South Wall Street P.O. Box 100 Los Angeles, CA 90014 San Luis Rey, CA 92068 (888) 635-5266 (800) 635-5266 Fax: (213) 22M149 Fax (760) 433-6721 Bill To: CB Ranch Enterprises 5600 Avenida Encinas Ste 100 Carlsbad CA 92008 Fax#; (700) 431-9020 Ext, 9000 INVOICE InV9166 1001NV0885167 its 5/20/2014 Mellano Las Vegas Mellano Carlsbad 4301 S. Valley View, #8 5600 Avenldas Encinas, 920 Las Vegas, NV 89103 Carlsbad, cA 92008 (702) 893-1357/ (888) 2MELLANO (760) 929-9677 Fax (702) 792-9911 Fax: 060) 920-2871 Ship To: CB Ranch Enterprises Attn: Accounting 5600 Avenida. Encinas Ste 100 Carlsbad CA 92006 Waybill # I s MELLANO & COMPANY INVOICE "cowing for you since 192r McAano Los Angeles 766 South Wall Street Los Angeles, CA 90614 (888) 62W5266 Fax (213) 22M149 Mellano San Luis Rey P.O. Box 100 San Luis Rey, CA 92068 (800)636-5286 Fax (760) 433-6721 Bill To: CB Ranch Enterprises 6600 Avenida Encinas Ste 10o Carlsbad CA 92008 Fax#: (760) 431-9020 Ext. ODOO trlvotce #. 1001NV0894233 Dale 6/18=14 Mellano Las Vegas 4301 S. Valley View, #8 Las Vegas, NV 89103 (702) 893-13571(888) 2MI=LLANO Fax: (702) 702-0911 Ship To: CB Ranch Enterprises Attn: Accounting 5600 Avenida Encinas Ste 100 Carlsbad CA 92008 Waybill # Mellano Carlsbad 5600 Avenidas Encinas, #20 Carlsbad, CA Now (760) 929-9877 Fax (700) 929-2871 11 rULANo & corParrY "Growing for you since 1925" Mellano Los Angeles 766 South Wall Street Los Angeles, CA 90014 (888) 638-5266 Fax: (213) 229-0149 Mellano San Luis Ivey P.O. Box 100 San Luis Rey, CA 92068 (800) 636-5266 Fax (760) 433-6721 Bill To: CB. Ranch Enterprises 5600 Avenida Encinas Ste 100 Carlsbad CA 92008 Fax#: (760)431-9020 ExL 0000 INVOICE Invgire.# ': 1001NV0918184 7/16/2014 :age: 1 Mellano Las Vegas Mellano Carlsbad 4301 S. Valley View, #8 6600 Avenidas Encinas, #20 Las Vegas, NV 89103 Carlsbad, CA 92008 (702) 893-1357/ (888) 2MELLANO (760) 92979677 Fax (702) 792-9911 Fax: (760) 929.2871 Ship To: CB Ranch Enterprises Attn: Accounting . 5600 Avenida Encinas Ste 100 Carlsbad CA 92008 Waybill # 2-0 BUDGET TO ACTUAL BY ORG KEY MONTH ENDING ON 10/31/2014 Budget Version: WB Object Type: * , Dept Group: Control Key: N OBJECT DESCRIPTION BUDGET ACTUAL ENCUMB BALANCE % 1700000 - FLOWER FIELD FOUNDTN-ADMIN KEY ASSETS 1000 INVESTMENT IN POOLED CASH 0.00 953,402.45 0.00 (953,402.45) 0.00 1005 CASH -FAIR MARKET VALUE ADJSTMT 0.00 0.00 0.00 0.00 0.00 TOTAL ASSETS 0.00 953,402.45 0.00 (953,402.45) 0.00 FUND BALANCE 3349 RESERVED FOR MISC 0.00 935,000.00 0.00 (935,000.00) 0.00 3350 UNRES-UNDESIG 0.00 17,801.52 0.00 (17,801.52) 0.00 TOTAL FUND BALANCES 0.00 952,801.52 0.00 (952,801.52) 0.00 REVENUES 5300 INTEREST INCOME - POOLED CASH 0.00 2,167.13 0.00 (2,167.13) 0.00 5305 INTEREST-UNREALZD GAINS/LOSSES 0.00 (1,566.20) 0.00 1,566.20 0.00 TOTAL REVENUES 0.00 600.93 0.00 (600.93) 0.00 Org Key 1700000 Revenues: 0.00 600.93 0.00 (600.93) 0.00 Expenditures: 0.00 0.00 0.00 0.00 0.00 Revenues - Expenditures: 0.00 600.93 0.00 (600.93) 170 FUND TOTAL FOR SELECTED ORG KEYS Revenues: 0.00 600.93 0.00 (600.93) 0.00 Personnel 0.00 0.00 0.00 0.00 0.00 M & O 0.00 0.00 0.00 0.00 0.00 Capital Outlay 0.00 0.00 0.00 0.00 0.00 Goal Budget 0.00 0.00 0.00 0.00 0.00 Transfer Out 0.00 0.00 0.00 0.00 0.00 Total Expenditures: 0.00 0.00 0.00 0.00 0.00 Revenues - Expenditures: 0.00 600.93 0.00 (600.93) GRAND TOTALS Revenues: 0.00 600.93 0.00 (600.93) 0.00 Personnel 0.00 0.00 0.00 0.00 0.00 M & O 0.00 0.00 0.00 0.00 0.00 Capital Outlay 0.00 0.00 0.00 0.00 0.00 Goal Budget 0.00 0.00 0.00 0.00 0.00 Transfer Out 0.00 0.00 0.00 0.00 0.00 Total Expenditures: 0.00 0.00 0.00 0.00 0.00 Revenues - Expenditures: 0.00 600.93 0.00 (600.93) 0v 9'� 1F J.J�'�1 �c j �� ................................................................................................................................................................................................................................................................................ 1 User: MASTERSON, MICHELE A Budget to Actual by Org Key 10/30/14 : Date Report: GL Budactual orqkey Page 1 15:38:27 : Time