HomeMy WebLinkAboutCC AG PKT 2012-09-10 #CSEAt'e�
AGENDA STAFF REPORT
DATE: September 10, 2012
TO: Honorable Mayor and City Council
THRU: Jill R. Ingram, City Manager
FROM: Victoria L. Beatley, Director of Finance /City Treasurer
SUBJECT: BUDGET MODIFICATION FOR FISCAL YEAR
2012/2013
SUMMARY OF REQUEST:
That the City Council adopt Resolution No. 6310 approving Budget Modification
No. 13 -03 -01 modifying fiscal year 2012/2013 budget.
BACKGROUND AND ANALYSIS:
The City Manager is requesting that a budget modification be made for the
2012/13 fiscal year to revise the budget for the item listed in Resolution No.
6310.
The budget modification item is explained in more detail in agenda item "F"
ENVIRONMENTAL IMPACT:
There is no Environmental Impact related to this item.
LEGAL ANALYSIS:
No legal analysis is required for this item.
FINANCIAL IMPACT:
Budget Modification No. 13 -03 -01 increases expenditures and appropriations in
the amount of $222,000 in General Fund F and $20,000 in the Water Fund.
RECOMMENDATION:
That the City Council adopt Resolution No. 6310 approving Budget Modification
No. 13- 03 -01.
Agenda Item C
SUBMITTED
Victoria L. Beatley
Director of Finance /City Tre surer
Prepared by: Alayna Hoang, Finance Manager
Attachments:
A. Resolution No. 6310
Page 2
NOTED AND APPROVED:
ill . Ingram C' y Mana er
RESOLUTION NUMBER 6310
A RESOLUTION OF THE SEAL BEACH CITY COUNCIL
AUTHORIZING BUDGET MODIFICATION NO. 13 -03 -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 modify the Fiscal
Year 2012/2013 Budget to approve appropriation for the Lampson Avenue
Median Project No. ST1108.
Section 2. The City Manager has requested the City Council modify the Fiscal
Year 2012/2013 Budget to increase expenditures as stated below. The City
Council hereby approves Budget Modification No. 13 -03 -01 and directs the
Director of Finance to modify the FY 2012/2013 Budget to reflect the following
revisions and modifications:
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 6310 on file in
the office of the City Clerk, passed, approved, and adopted by the City Council at
a regular meeting held on the 10th day of September , 2012.
City Clerk
Modified/ Modified/
Budget (diff)
Description Account/Fund Adopted Budget Budget
Modification
Contract Professional 045 - 333 -44000
6,086,880 6,308,880
222,000
Transfer In 045 - 000 -31500
6,086,880 6,308,880
222,000
Transfer Out 001 -080 -47000
7,367,029 7,589,029
222,000
Construction in Progress 019 - 950 -49605
3,052,340 3,072,340
20,000
PASSED, APPROVED and ADOPTED by the Seal Beach City Council at a
regular meeting held on the 10th day of
September 2012 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 } 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 6310 on file in
the office of the City Clerk, passed, approved, and adopted by the City Council at
a regular meeting held on the 10th day of September , 2012.
City Clerk