HomeMy WebLinkAboutItem FAGENDA REPORT
DATE: April 22, 2002 1�ry
TO: Honorable Mayor and City Council
THRU: John B. Bahorski, City Manager
FROM: Pamela Arends -King, Director of Administrative Services/Treasurer
SUBJECT: Old City Hall Leasehold Buvback
SUMMARY OF REOUEST:
Staff requests City Council approve the following budget amendment.
The Council approved the purchase of Old City Hall during the current budget year and
now needs to approve a corresponding budget amendment to reflect these actions. The
amount paid in the buyback was $741,211. Of the purchase price, $363,000 was
advanced by the Redevelopment Agency, $100,000 was reimbursed from Bixby and
$210,000 was an in lieu payment by Bixby. Staff recommends the budget be updated to
reflect the buyback.
FISCAL IMPACT:
The total proposed budget amendment is $531,211. The amount covered by
undesignated fund balance is $68,211. Bixby reimbursed the City for $100,000
increasing both revenues and expenditures and having no effect on the General Fund
undesignated fund balance. The portion the RDA Riverfront Project Fund paid for also
has no effect on the General Fund undesignated fund balance. The current undesignated
fund balance is $3,498,536. The proposed budget amendment will decrease undesignated
fund balance by $68,211 to $3,430,325.
RECOMMENDATION:
Staff recommends City Council approve a resolution amending the budget for the Old
City Hall leasehold buyback.
6&VAZ- /1i !G 42 �--1
Pamela Arends -King (�
Directot_of AdministralWe Services/Treasurer
Manager Item F
AGENDA REPORT kOf,
DATE: April 22, 2002
TO: Honorable Mayor and City Council
THRU: John B. Bahorski, City Manager
FROM: Pamela Arends -King, Director of Administrative Services/Treasurer
SUBJECT: Standard Overtime for Sewer and Water Safety Checks
SUMMARY OF REOUEST:
Staff requests City Council approve the following budget amendment.
BACKGROUND:
The current fiscal year budget does not have funds allotted to cover the standard overtime
used to provide after hours sewer and water safety /operational checks and emergency call
outs. Staff recommends the budget be updated to reflect standard overtime.
FISCAL IMPACT:
The total proposed budget amendment is $34,727. The Water Fund will cover $20,280
and the Sewer Fund will cover $14,447. There will be no effect on the General Fund
undesignated fund balance.
Staff recommends City Council approve a resolution amending the budget for after hours
sewer and water safety /operational checks and emergency call out overtime.
�" /!
Pamela Arends -King
Director of Administrative Services/Treasurer
Manager
Agenda Item
,d
AGENDA REPORT
DATE: April 22, 2002 '
TO: Honorable Mayor and City Council
THRU: John B. Bahorski, City Manager
FROM: Pamela Arends -King, Director of Administrative Services/Treasurer
SUBJECT: McGaugh Pool 1999 -2001 Utilities
SUMMARY OF REOUEST:
Staff requests City Council approve the following budget amendment.
BACKGROUND:
The City received an invoice dated January 22, 2002 for gas and electricity usage by
McGaugh Pool for the fiscal years 99/00 and 00 /01. The amount totaled $43,579 and
was not accounted for in the current year budget. The City paid the invoice on February
4, 2002. Staff recommends the budget be updated to reflect the expenditure currently
incurred for prior year services.
FISCAL IMPACT:
The total proposed budget amendment is $43,579. The utility charge will be covered by
undesignated fund balance. The current undesignated fund balance is $3,430,325. The
proposed budget amendments will decrease undesignated fund balance by $43,579 to
$3,386,746.
RECOMMENDATION:
Staff recommends City Council approve a resolution amending the budget for the
McGaugh Pool prior year utilities.
�k
Pamela Arends -King
Director of. Administrative Services /Treasurer
Agenda Item -�-