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HomeMy WebLinkAboutCC AG PKT 2007-10-22 #U e AGENDA REPORT DATE: October 22, 2007 TO: Honorable Mayor and City Council THRU: David Carmany, City Manager FROM: Chief Jeff Kirkpatrick, Police Department - SUBJECT: Budget Amendment for Asset Forfeiture Fund Carry Forward from FY06-07 to FY07.08 SUMMARY OF REQUEST: The proposed City Council action will approve a Budget Amendment No. 08-07 to carry forward the unexpended FY 2006-07 appropriations in the FY 2007-08 Budget. e BACKGROUND: The Asset Forfeiture accounts for funds recei ved from the State program of the same name. The funds received are not restricted. There is no reporting requirement or time limit associated with this funding or its expenditure, The Asset Forfeiture Fund will provide funds for upgrades to new police vehicles. The Chief of Police is requesting a re-appropriation of the unexpended FY 2006-07 appropriations in the FY 2007-08 Budget in the amount of $16,410.14, FISCAL IMPACT: There is no anticipated negative fiscal impact to the City. These funds are currently earmarked and available, RECOMMENDATION: It is recommended that the City Council adopt the Budget Amendment for Asset Forfeiture Fund expenditures in FY07-08 as noted in Resolution No, e NOTED AND APPROVED: ~ .f~ David Carmany, ciJManager Agenda Item tt e RESOLUTION NUMBER A RESOLUTION OF THE CITY COUNCn. OF THE CITY OF SEAL BEACH, CALIFORNIA, AUTHORIZING BUDGET AMENDMENT NO. 011-07 TO CARRY FORWARD THE UNEXPENDED FY 06-07 APPROPRIATION FOR THE ASSET FORFEITURE FUND WHEREAS, the City of Seal Beach operates a full service municipal police department requiring efficient and operational police vehicles: and WHEREAS, it is in the public's interest to provide new police vehicles with appropriate graphics and necessary emergency equipment funded by the Asset Forfeiture Fund. TIm CITY COUNCll.. OF THE CITY OF SEAL BEACH DOES HEREBY RESOLVE: Section 1. The budget is hereby amended to add $16,410, the unexpended amount from FY 06107 and projects as follows: DESCRlPTION ACCOUNT REVISED! ADOPTED BUDGET PROPOSED BUDGET (cliff) BUDGET AMENDMENT Mach & Equipment 011-555-40700 $14,000 $30,410 $16,410 . PASSED, APPROVED AND ADOPTED BY THE City Council of Seal Beach, at a meeting hereofheld on the 22nd day of OClOber .2007 by the following vote: AYES: COUNCn.MEMBERS NOES: COUNCn.MEMBERS ABSENT: COUNCn.MEMBERS ABSTAIN: COUNCn.MEMBERS Mayor ATTEST: City Clerk STATEOFCALlFORt'lIA } COUNTY OF ORANGE } SS CITY OF SEAL BEACH } e 1, Linda Devine, City Clerk for the City of Seal Beach, California, do hereby certify that the foregoing resolutions is the original copy of Resolution Number_ on file in the office of the City Clerk, passed, approved and adopted by the City Council of the City of Seal Beach at a regular meeting hereof held on the 22nd day of October. 2007. City Clerk