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HomeMy WebLinkAboutCC AG PKT 2012-12-10 #D A 5FAt 0 AGENDA STAFF REPORT DATE: December 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. 6331 approving Budget Modification No. 13-06-01, in the amount of $100,000 for capital projects expenditures, $47,083 for salary and equipment expenses, and $47,083 for grant revenue, modifying fiscal year 2012/2013 budget. BACKGROUND AND ANALYSIS: The City Manager is requesting that budget modifications be made for the 2012/13 fiscal year to revise the budget for the items listed in Resolution No. 6331. The budget modification item is explained in more detail in agenda items "F" and "H". 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. 13-0-01 increases expenditures and appropriations in the amount of $50,000 in the Water Capital Improvement Fund (019), $50,000 in the Sewer Capital Improvement Fund (044), and $47,083 in the Police Grant Fund (075). Additionally this Budget Modification increases revenues in the amount of$47,083 in the Police Grant Fund (075). Agenda Item- Q RECOMMENDATION: That the City Council adopt Resolution No. 6331 approving Budget Modification No. 13-06-01. SUBMITTED BY- NOTED AND APPROVED: Victoria L. Beatley 12704-201z- Ingram Cit*yn ger Director of Finance/City Treasurer Prepared by: Alayna Hoang, Finance Manager Attachments: A. Resolution No. 6331 Page 2 RESOLUTION NUMBER 6331 A RESOLUTION OF THE SEAL BEACH CITY COUNCIL AUTHORIZING BUDGET MODIFICATION NO. 13-06-01 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 increase expenditures for Ocean Avenue Alley Waterline and Sewer Replacements Project No.WT1201; and Section 2. The City Manager has requested the City Council modify the Fiscal Year 2012/2013 Budget to increase the revenues and expenditures for the Sobriety Checkpoint Grant Program; and Section 3. The Council hereby approves Budget Modification No. 13-06-01 and directs the Director of Finance to modify the Fiscal Year 2012/2013 Budget to reflect the following revisions and modifications: Modred/ Modified/ Budget(diff) Description Account/Fund Adopted Budget Budget Modification Capital Projects Capital Project(WT1201) 019-950-49605 3,166,838 3,216,838 50,000 Capital Project(WT1201) 044-975-49605 7,587,967 7,637,967 50,000 Police Grant Grant Reimb-DUI FY 12/13 075-463-30975 - 47,083 47,083 Overtime-DUI FY 12/13 075-463-40003 41,400 41,400 Medicare-DUI FY 12/13 075-463-40017 600 600 Equip./Mat.-DUI FY 12/13 075-463-40700 5,083 5,083 PASSED, APPROVED and ADOPTED by the Seal Beach City Council at a regular meeting held on the 10th day of December, 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 6331 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 December , 2012. City Clerk