HomeMy WebLinkAboutCC AG PKT 2010-04-26 #DAGENDA STAFF REPORT
DATE: April 26, 2010
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 -10 -01
SUMMARY OF REQUEST:
Approve Budget Amendment No. 10 -10 -01 to amend the fiscal year 2009/10
budget. (Agenda Item T" and "L ")
BACKGROUND:
At the April 12, 2010 City Council meeting, staff was directed to repair the
McGaugh pool at an estimated cost of $150,000 with an understanding that if
approved, a budget amendment would be completed at the next meeting. The
attached resolution for Budget Amendment No. 10 -10 -01 pertains to item "L" of
the agenda.
In addition, as described in agenda item "F ", the City has been awarded a $5,000
recycling grant. Therefore, an increase in revenues for receipt of the grant and a
corresponding increase in expenditures for disbursement of the grant is also
included in Budget Amendment No. 10- 10 -01.
FINANCIAL IMPACT:
Budget Amendment No. 10 -10 -01 increases expenditures and appropriations by
$150,000 in the General Fund and $5,000 in the City Wide Grant fund.
Agenda Item Q
RECOMMENDATION:
Adopt Resolution No. 5988 approving Budget Amendment No. 10- 10 -01.
SUBMITTED BY:
Robbeyn Bird, CPA
Director of Administrative Services/Treasurer
NOTED AND APPROVED:
C547=
David Carmany, City Manager
Attachment: Resolution No. 5988
RESOLUTION NUMBER 5988
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEAL
BEACH AUTHORIZING BUDGET AMENDMENT NO. 10 -10 -01
TO APPROPRIATE FUNDING TO INCREASE BUDGET
EXPENDITURES, APPROPRIATE REVENUES AND
EXPENDITURES FOR THE USED OIL BLOCK GRANT, AND
APPROPRIATE ADDITIONAL FUNDS FOR THE CAPITAL
IMPROVEMENT BUDGET
THE CITY COUNCIL OF THE CITY OF SEAL BEACH HEREBY RESOLVES
THAT:
Section 1 . The City Manager has requested the City Council amend its
fiscal year 2009/2010 budget to increase expenditures for renovations to the
McGaugh pool; and
Section 2. The City Manager has requested the City Council increase
transfers from the Swimming Pool reserves to make these renovations;
Section 3. The City Manager has requested the City Council increase
revenues and expenditures authorizing receipt and disbursement of the Used Oil
Block Grant;
Section 4.
The City Council hereby approves Budget Amendment No.
10 -10 -01 and directs the Director of Administrative Services to
amend the FY
2009/2010 Budget to reflect the following transfer, revisions and amendment:
Amended/
FY 2009/10 ADOPTED AMENDED
BUDGET (diff)
DEPARTMENT
ACCOUNT BUDGET BUDGET
AMENDMENT
Transfer Out
001 - 080 -47000 21,608,500 21,758,500
150,000
Transfer In
045 - 000 -31500 21,749,200 21,899,200
150,000
Prof Contract Serv.
045 - 333 -44000 21,749,200 21,899,200
150,000
Grant Reimbursement
080 - 320 -30975 -0- 5,000
5,000
Prof Contract Serv.
080- 320 -44000 -0- 5,000
5,000
PASSED, APPROVED and ADOPTED by the City Council of the City of Seal
Beach at a regular meeting held on the 26th day of April , 2010 by the
following vote:
AYES: Council Members
NOES: Council Members
ABSENT: Council Members
ABSTAIN: Council Members
ATTEST:
Mayor
City Clerk
Resolution Number 5988
STATE OF CALIFORNIA }
COUNTY OF ORANGE } SS
CITY OF SEAL BEACH }
I, Linda Devine, City Clerk of the City of Seal Beach, do hereby certify that the
foregoing resolution is the original copy of Resolution Number 5988 on file in
the office of the City Clerk, passed, approved, and adopted by the City Council at
a regular meeting held on the 26th day of April , 2010.
City Clerk