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HomeMy WebLinkAboutCC AG PKT 2011-06-27 #C AGENDA STAFF REPORT DATE: June 27, 2011 TO: Honorable Mayor and City Council THRU: Jill R. Ingram, City Manager FROM: Robbeyn Bird, Director of Administrative Services/Treasurer SUBJECT: FISCAL YEAR 2010 -11 YEAR END BUDGET MODIFICATIONS SUMMARY OF REQUEST: Staff requests that the City Council adopt Resolution No. 6148 approving Budget Amendment No. 11 -12 -01 to revise various appropriations. BACKGROUND AND ANALYSIS: City staff reviews budget vs. actual expenditures each year to determine if budget amendments are warranted. Staff has completed the Year End Budget review of the FY 2010 -11 budget and Resolution No. 6148 provides changes to appropriations based on analysis and discussions with Department Directors. The following provides additional information for the most significant changes: Appropriations: • Risk Management — Risk management costs for general liability and worker's compensation insurance was higher than anticipated in the 2010- 11 budget resulting in an increase of $460,500. • Attorney Services — Attorney services were higher than originally budgeted in the City General Fund by $119, 200. The primary reason for this is unanticipated litigation costs in the General Fund related to negotiations with the POA & PMA and zoning changes. • Engineering — This account was increased by $90,300 to correct the original budget estimated for the fiscal year. The most significant change was to the special departmental account which was due to a change in how the City accounts for certain expenditures. • Street Maintenance - Special Departmental — The biggest increase in this account is an increase of $72,800 for tree trimming services inadvertently left out of the 2010/11 original budget. Agenda Item C Page 2 FINANCIAL IMPACT: Based on the year end budget review, expenditures will increase by $763,900 in the General Fund. In addition, various other funds are being increased by $766,500 for a total increase in all funds of $1,530,400. RECOMMENDATION: It is recommended that the City Council adopt Resolution No. 6148 approving Budget Amendment No. 11 -12 -01 to revise various appropriations. SUBMITTED BY: NOTED AND APPROVED: e 1 R, Robbed, R. Ingram, fd anager Director of Administrative Services/Treasurer Attachment: A. Resolution No. 6148 RESOLUTION NUMBER 6148 A RESOLUTION OF THE SEAL BEACH CITY COUNCIL AUTHORIZING A BUDGET AMENDMENT IMPLEMENTING THE FISCAL YEAR 2010 -11 YEAR -END BUDGET REVIEW WHEREAS, the fiscal year 2010 -11 budget requires budgetary amendments as outlined below: THE CITY COUNCIL OF THE CITY OF SEAL BEACH DOES HEREBY RESOLVE: REVISED/ ADOPTED PROPOSED BUDGET (diff) EXPLANATION DESCRIPTION ACCOUNT BUDGET BUDGET AMENDMENT FOR CHANGE GENERAL FUND EXPENDITURES Attorney , General Prosecution 001 - 015 -49720 5,000 11,000 $ 6,000 Unanticipated litigation Legal Contract Police 001 -015 -49730 20,000 28,200 8,200 Unanticipated litigation Other Attorney Services 001 - 015 -49777 50,000 155,000 105,000 Zoning, negotiations Subtotal City Attorney 119,200 Risk Management General Liability Insurance 001- 018 -49500 1,681,500 1,785,400 103,900 Original budget correction Worker's Compensation 001 - 018 - 49600 543,400 900,000 356,600 Original budget correction Subtotal Risk Management 460,500 Engineering Part -time Salaries 001 - 042 -40004 3,000 10,800 7,800 Original budget correction Tuition Reimbursement 001- 042 -40007 0 3,600 3,600 Original budget correction Contract Professional Services 001 -042 -44000 161,300 240,200 78,900 Original budget correction Subtotal Engineering 90,300 Storm Drains PERS Retirement 001 - 043 -40012 18,500 19,800 1,300 Original budget correction Medical Insurance 001 - 043 -40014 13,100 14,900 1,800 Original budget correction Subtotal Storm Drains 3,100 Street Mainenance Full -Time Salaries 001 - 044 -40001 379,300 389,100 9,800 Original budget correction Part -time Salaries 001 - 044 -40004 8,000 11,800 3,800 Original budget correction Medical Insurance 001- 044 -40014 42,000 46,400 4,400 Original budget correction Special Departmental 001 - 044 -40800 0 72,800 72,800 Original budget correction Subtotal Street Maintenance 90,800 Total General Fund increase in appropriations $ 763,900 SLESF Overtime 009 - 600 -40003 50,000 113,100 63,100 Original budget correction Medicare 009 - 600 -40017 700 1,700 1,000 Original budget correction Subtotal SLESF 64,100 REVISED/ ADOPTED PROPOSED BUDGET (diff) EXPLANATION DESCRIPTION ACCOUNT BUDGET BUDGET AMENDMENT FOR CHANGE Police Inmate Welfare Special Departmental 010 - 024 -40800 0 13,800 13,800 Original budget correction Subtotal Inmate Welfare Fund 13,800 Water Capital Improvement Depreciation 019- 950 -40900 0 33,800 33,800 Original budget correction Total change in Water Capital Improvement 33,800 Sewer Capital Improvement Depreciation 044- 975 -40900 0 525,700 525,700 Original budget correction Total change in Sewer Capital Improvement 525,700 CDBG Fund Contract Professional Services 072 -030 -44000 160,000 200,000 40,000 Original budget correction Total Change in CDBG 40,000 Police Grants Overtime - DUI OTS 075 - 458 -40003 0 25,000 25,000 Original budget correction Total Change in Police Grants 25,000 Surfside Redemption Fund Contract Professional Services 101 - 333 -44000 0 9,100 9,100 Original budget correction Debt Service - Principal 101 - 333 -47888 100,000 105,000 5,000 Original budget correction Total Change in Surfside Redemt 14,100 CFD Heron Pointe 2002 -01 Special Tax Transfer 202 - 460 -47100 0 25,000 25,000 Original budget correction Total Change in CFD Heron Pointe 25,000 CFD Pacific Gateway Bond Special Tax Transfer 203 - 470 -47100 0 25,000 25,000 Original budget correction Total Change in CFD Pacific Gatetway 25,000 GRAND TOTAL $ 1,530,400 PASSED, APPROVED AND ADOPTED by the City Council of the City of Seal Beach Ion 27th day of June 2011 by the following vote: AYES: Council Members NOES: Council Members ABSENT: Council Members ,ABSTAIN: Council Members Mayor ATTEST: City Clerk STATE OF CALIFORNIA } COUNTY OF ORANGE } CITY OF SEAL BEACH } I, Linda Devine, City Clerk of the City of Seal Beach, Califomia, do hereby certify that the foregoing resolution is the original copy of Resolution Number 6148 on file in the office of the City Clerk, passed, approved, and adopted by the City Council of the City of Seal Beach, at a regular meeting thereof held on the 27th day of June, 2011 City Clerk