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HomeMy WebLinkAboutCC AG PKT 2009-08-10 #DAGEN®i4 STAFF REP®RT' DATE: August 10, 2009 TO: Honorable Mayor and City Council THRU: David Carmany, City Manager FROM: Robbeyn Bird, CPA Director of Administrative Services/City Treasurer SUBJECT: BUDGET AMENDMENT NO. 10-02-01 SUMMARY OF REQUEST: Approve Budget Amendment No. 10-02-01 to amend the fiscal year 2009/10 budget. (Agenda Item J) BACKGROUND: For the August 10, 2009 City Council agenda, the Community Development Department is requesting a budget amendment to increase both revenues and expenditures for receipt of additional CDBG grant funds. The attached resolution for Budget Amendment No. 10-02-01 increases the CDBG Fund by $60,000 for both revenues and expenditures FINANCIAL. IMPACT: Budget Amendment No. 10-02-01 for $60,000 increases revenues and appropriations in the CDBG Fund for fiscal year 2009/10. RECOMMENDATION: Adopt Resolution No. 5895 approving Budget Amendment No. 10-02-01. SUBMITTED BY: Robbeyn ird, CPA Director of Administrative Services NOTED AND APPROVED: ®-~ David Carman ,City Manager Attachment: A. Resolution No. 5895 Agenda Item RESOLUTION NUMBER 5895 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEAL BEACH AUTHORIZING BUDGET AMENDMENT NO. 10-02-01 TO APPROPRIATE FUNDING TO INCREASE BUDGET REVENUE AND APPROPRIATE FUNDS FOR COMMUNITY DEVELOPMENT BLOCK GRANT THE CITY COUNCIL OF THE CITY OF SEAL BEACH HEREBY RESOLVES THAT: Section 1. The Development Services Department has requested the City Council amend its fiscal year 2009/2010 budget to increase revenues and expenditures for the Community Development Block Grant fund. Section 2. The City Council hereby approves Budget Amendment No. 10-02-01 and directs the Director of Administrative Services to amend the FY 2009/2010 Budget to reflect the following transfer, revisions and amendment: FY 2009/10 ADOPTED AMENDED BUDGET (dill) DEPARTMENT ACCOUNT BUDGET BUDGET AMENDMENT Contract Prof. Services 072-030-44000 140,000 200,000 60,000 Other Agency Revenue 072-000-30975 140,000 200,000 60,000 PASSED, APPROVED AND ADOPTED by the City Council of Seal Beach at a meeting held on the 10th day of August , 2009 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 5895 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 10th day of August , 2009. City Clerk