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HomeMy WebLinkAboutCC AG PKT 2008-08-11 #C• AGENDA STAFF REPORT • DATE: August 11, 2008 TO: Honorable Mayor and City Council THRU: David Carmany, City Manager FROM: Robbeyn Bird, CPA Director of Administrative Services SUBJECT: BUDGET AMENDMENT #09-02-01 SUMMARY OF REQUEST: Approve Budget Amendment 09-02-01 to amend the fiscal year 2008-09 budget. BACKGROUND: For the August 11, 2008 City Council agenda, the Administrative Services Department is requesting budget a budget amendment. The attached resolution for Budget Amendment 09-02-01 increases General Fund appropriations by $6,000. As reported at the July 28, 2008 City Council meeting, the Undesignated General Fund Balance is projected to be $15,417,069. This number is an estimate pending completion of the fiscal year ended 2007-08 audit. After approval of budget amendment 09-02-01, undesignated general fund balance of $15,411,069 remains in the General Fund. FINANCIAL IMPACT: Budget amendment 09-02-01 for $6,000 increases appropriations for fiscal year 2008-09 and decreases undesignated fund balance by the same amount. RECOMMENDATION: Adopt Resolution No. 5768 -approving budget amendment 09-02-01 in the amount of $6,000. SUBMITTED BY: ti~ Robbey ird, CPA Director of Administrative Services NOTED AND APPROVED: David Carmany, City Manager Agenda Item C RESOLUTION NUMBER 576$ ~ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEAL BEACH, CALIFORNIA, AUTHORIZING BUDGET AMENDMENT NO. 09-02-01 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 Contract Professional Services 001-019-44000 199;000 205,000 6,000 Budget Amendment Number 09-02-01 requests an additional appropriation in the General Fund in the amount of $6,000 (item D). PASSED, APPROVED AND ADOPTED by the City Council of Seal Beach, at a meeting hereof held on the 11th day of Auoust , 2008 by the following vote: AYES: COUNCILMEMBERS • NOES: COUNCILMEMBERS ABSENT: COUNCILMEMBERS ABSTAIN: COUNCILMEMBERS 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, California, do hereby certify that the foregoing resolution is the original copy of Resolution Number 5768 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 11th day of Auoust , 2008. City Clerk