HomeMy WebLinkAboutCC AG PKT 2012-08-13 #D j 9EAN
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AGENDA STAFF REPORT . :AR? 1-
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DATE: August 13, 2012
TO: Honorable Mayor and City Council
THRU: Jill R. Ingram, City Manager
FROM: Shelly Lin, Interim Director of Finance/City Treasurer
SUBJECT: BUDGET MODIFICATION FOR FISCAL YEAR
2012/2013
SUMMARY OF REQUEST:
That the City Council adopt Resolution No. 6300 approving Budget Modification
No. 13-02-01 modifying fiscal year 2012/2013 budget.
BACKGROUND AND ANALYSIS:
The City Manager is requesting that various budget modifications be made for
the 2012/13 fiscal year to revise the budget for the items listed in Resolution No.
6300.
Each of the budget modification items are explained in more detail in agenda
items "G", "H", and "I".
ENVIRONMENTAL IMPACT:
There is no Environmental Impact related to this item.
LEGAL ANALYSIS:
No legal analysis is required for this item.
FINANCIAL IMPACT:
Budget Amendment No. 13-02-01 increases expenditures and appropriations in
the amount of $4,600 in the Tidelands Fund (Agenda Item "H"), and increases
expenditures to the General Fund by $124,800 (Agenda Items "G", "H", & "I"). The
$44,000 Special Expenditure-Disaster Fund is from FY 2011-12 Appropriation
which will pay $29,000 of Item "I", and remaining $15,000 will pay for other
expenses related to October 12, 2011 incident.
Agenda Item D
RECOMMENDATION:
That the City Council adopt Resolution No. 6300 approving Budget Modification
No. 13-02-01.
SUBMITTED BY: NOTED AND APPROVED:
S'Ll6 R. 4,1 )
Shally • , Interim �. Ingram Ci 10:nager
Directo of Finance/City Treasurer
Prepared by: Alayna Hoang, Senior Accountant
Attachments:
A. Resolution No. 6300
Page 2
RESOLUTION NUMBER 6300
A RESOLUTION OF THE SEAL BEACH CITY COUNCIL
AUTHORIZING BUDGET MODIFICATION NO. 13-02-01
REVISING THE FISCAL YEAR 2012/13 BUDGET
THE SEAL BEACH CITY COUNCIL HEREBY RESOLVES THAT:
Section 1. The City Manager has requested the City Council increase
expenditures for the Civic Stone Contracts(Agenda Item"G").
Section 2. The City Manager has requested the City Council modify its fiscal
year 2012/2013 budget to increase revenues and expenditures for the Run Seal
Beach Grant funds received for Community Services Department, Seal Beach
Police Department and the Junior Lifeguard Program(Agenda Item"H").
Section 3. The City Manager has requested the City Council re-appropriate
$44,000(Special Disaster Fund)for the Memorial(Agenda Item"I").
Section 4. The City Manager has requested the City Council modify the fiscal
year 2012/2013 budget to increase revenues and expenditures as stated below.
The City Council hereby approves Budget Modification No. 13-02-01 and directs
the City Manager to modify the FY 2012/2013 Budget to reflect the following
revisions and modifications:
Modified/
Adopted Modified Budget(diff)
Description Account Budget Budget Modification
Donations 001-000-30962 20,000 20,400 400
Equipment Material 001-070-40700 0 12,400 12,400
Equipment Material 001-023-40700 18,000 26,000 8,000
Donations 034-000-30962 3,600 4,600 1,000
Material/Supplies 034-828-40701 14,750 19,350 4,600
Special Exp.-Disaster 001-011-44001 0 44,000 44,000
Contract Professional 001-030-44000 30,000 90,000 60,000
PASSED, APPROVED and ADOPTED by the Seal Beach City Council at a
regular meeting held on the 13th day of August ,2012 by the following vote:
AYES: Council Members
NOES: Council Members
ABSENT: Council Members
ABSTAIN: Council Members
Mayor
ATTEST:
City Clerk
Resolution Number 6300
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STATE OF CALIFORNIA }
COUNTY OF ORANGE } SS
CITY OF SEAL BEACH }
I, Linda Devine, City Clerk of the City of Seal Beach, do hereby certify that the
foregoing resolution is the original copy of Resolution Number 6300 on file in
the office of the City Clerk, passed, approved, and adopted by the City Council at
a regular meeting held on the 13th day of August , 2012.
City Clerk
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