HomeMy WebLinkAboutCC AG PKT 2008-10-13 #DAGENDA STAFF REPORT
DATE: October 13, 2008
TO: Honorable Mayor and City Council
THRU: David Carmany, City Manager
FROM: Robbeyn Bird, CPA
Director of Administrative Services
SUBJECT: Budget Amendment #09-04-01
SUMMARY OF REQUEST:
Approve Budget Amendment 09-04-01 to amend the fiscal year 2008-09 budget.
BACKGROUND:
For the October 13, 2008 City Council agenda, the Public Works Department is
requesting a budget amendment. The attached resolution for Budget
Amendment 09-04-01 does not have any General Fund impact. The additional
appropriations are requested from the Water Capital and the Gas Tax Funds in
the amount of $42,800 and $8,100, respectively.
As reported at the September 8, 2008 City Council meeting, the Undesignated
General Fund Balance is projected to be $15,397,569. This number is an
estimate pending completion of the 2007-08 audit.
FINANCIAL IMPACT:
Budget amendment 09-04-01 for $50,900 increases appropriations in the Water
Capital Fund by $42,800 and in the Gas Tax Fund by $8,100 for fiscal year 2008-
09 and decreases undesignated fund balance by the same amount.
RECOMMENDATION:
Approve budget amendment 09-04-01 in the amount of $13,500.
SUBMITTED BY:
Robbey Bird, CPA
Director of Administrative Services
NOTED AND APPROVED:
David Carma ,City Manager
Agenda Item
RESOLUTION NUMBER 57$s
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEAL
BEACH, CALIFORNIA, AUTHORIZING BUDGET AMENDMENT
N0.09-04-01' FOR THE INCREASE OF APPROPRIATIONS
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:
FY 2008/09 PROPOSED BUDGET (dill)
DEPT ACCOUNT BUDGET BUDGET AMENDMENT
Transfer Out 040-090-47000 475,000 483,100 8,100
Transfer In 045-000-31500 2,196,100 2,204,200 8,100
Prof Contract Serv
(Proj ST0908) 045-333-44000 2,356,200 2,364,300 8,100
Professional
Contract Services 019-000-44000 2,000,000 2,042,800 42,800
PASSED, APPROVED AND ADOPTED by the City Council of Seal Beach, at a
meeting hereof held on the 13th day of October , 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 Seal Beach, California, do hereby certify that the
foregoing resolution is the original copy of Resolution Number 5786 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 thereof held on the 13th day
of October , 2008
City Clerk