HomeMy WebLinkAboutCC AG PKT 2002-06-10 #GAGENDA REPORT �Z
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DATE: June 10, 2002 G
TO: Honorable Mayor and City Council
THRU: John B. Bahorski, City Manager
FROM: Pamela Arends -King, Director of Administrative Services/Treasurer
SUBJECT: Budget Amendments (�/fN�/S�aipCL�9
SUMMARY OF REOUEST:
Staff requests City Council approve the following budget amendment.
BACKGROUND:
There were two expenditures budgeted in the prior fiscal year, but not spent until the
current fiscal year. They were for a payment to Arbor Nursery and a payment to Bolsa
Nursery to purchase replacement trees used to stock the City nursery. The nursery trees
are used for general replacements as needed throughout the City. Staff recommends
appropriating those expenditures into the FY 2001/2002 budget.
FISCAL IMPACT:
The total proposed budget amendment is $1,693. The expenditure increase will be
covered by undesignated fund balance. The current undesignated fund balance is
$3,376,631. The proposed budget amendments will decrease undesignated fund balance
by $1,693 to $3,374,938.
Staff recommends City Council approve a resolution amending the budget for the prior
year expenditures reappropriations.
Pamela Arends -King
ocs/Treasurer
Agenda Item
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