HomeMy WebLinkAboutCC AG PKT 2008-07-14 #HAGENDA STAFF REPORT
DATE: July 14, 2008
TO: Honorable Mayor and City Council
THRU: David Carmany, City Manager
FROM: Robbeyn Bird, CPA
SUBJECT: Budget Amendment
SUMMARY OF REQUEST:
Approve Budget Amendment 09-01-02 to amend the fiscal year 2008-09 budget.
BACKGROUND:
For the July 14, 2008 City Council agenda, the Administrative Services
Department received requests for budget amendments from the Public Works
Department and the City Manager's Office. The attached resolution for Budget
• Amendment 09-01-02 increases General Fund appropriations by $656,200.
As reported at the June 9, 2008 City Council meeting, the Undesignated General
Fund Balance is projected to be $16,147,044. This number is an estimate
pending completion of the fiscal year end audit. After approval of budget
amendment 09-01-02, undesignated fund balance of $15,490,844 remains in the
General Fund.
FINANCIAL IMPACT:
Budget amendment 09-01-02 for $656,200 increases appropriations for fiscal
year 2008-09 and decreases undesignated fund balance by the same amount.
RECOMMENDATION:
Approve budget amendment 09-01-02 in the amount of $656,200.
SUBMITTED BY:
~Ib ~
• ,
Robbeyn Bird, CPA
Director of Administrative Services
NOTED AND APPROVED:
~'
David Carman ,City Manager
Agenda Item ~_
RESOLUTION NUMBER 5748
• A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEAL
BEACH, CALIFORNIA, AUTHORIZING BUDGET AMENDMENT
NO. 09-01-02 FOR THE INCREASE OF APPROPRIATIONS TO
THE GENERAL FUND
WHEREAS, the fiscal year 2008/2009 budget requires budgetary amendments
as outlined below:
THE CITY COUNCIL OF THE CITY OF SEAL BEACH DOES HEREBY
RESOLVE:
REVISED/
ADOPTED PROPOSED BUDGET (diff)
DEPARTMENT ACCOUNT BUDGET BUDGET AMENDMENT
Vehicles 001-050-48075 160,000 185,000 25,000
Contract Professional
Services 001-019-44000 139,000 199,000 60,000
Transfer Out 001-080-47000 1,390,150 1,536,350 146,200
Transfer In 045-000-31500 1,565,000 1,711,200 146,200
Contract Professional
Services (Proj. 50217) 045-333-44000 1,725,000 1,871,200 146,200
Transfer Out 001-080-47000 1,536,350 1,961,350 425,000
Transfer In 045-000-31500 1,711,200 2,136,200 425,000
Contract Professional
Services (Proj. BG0903) 045-333-44000 1,871,200 2,296,200 425,000
• PASSED, APPROVED AND ADOPTED by the City Council of Seal Beach, at a
meeting hereof held on the 14th day of Julv , 2008 by the following vote:
AYES: COUNCILMEMBERS
NOES: COUNCILMEMBERS
ABSENT: COUNCILMEMBERS
ABSTAIN: COUNCILMEMBERS
ATTEST:
Mayor
City Clerk
STATE OF CALIFORNIA }
COUNTY OF ORANGE } SS
CITY OF SEAL BEACH }
I, Linda Devine, City Clerk of the City of Seal Beach, California, do hereby certify
that the foregoing resolution is the original copy of Resolution Number 5748 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 held on the 14th day
of Julv , 2008.
•
City Clerk