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HomeMy WebLinkAboutCC AG PKT 2010-05-10 #C AGENDA STAFF REPORT DATE: May 10, 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 -11 -01 SUMMARY OF REQUEST: Approve Budget Amendment No. 10 -11 -01 to amend the fiscal year 2009/10 budget. BACKGROUND: For the May 8, 2010 City Council agenda, the Public Works Director is requesting a budget amendment in the amount of $56,800 to transfer expenditures from the Capital Improvement Project (CIP) ST0906 Local Street Resurfacing Program to the Professional Contract Services account of the Streets Division account no. 001 - 044 -44000 as explained in Agenda item "J". FINANCIAL IMPACT: Budget Amendment No. 10 -11 -01 transfers funds from CIP Project ST0906 to the Streets Division Professional Contract services in the amount of $56,800. RECOMMENDATION: Adopt Resolution No. 6004 approving Budget Amendment No. 10- 11 -01. SUBMITTED BY: NOTED AND APPROVED: Robbeyn Biroil, CPA David Carmany, City Manager Director of Administrative Services/Treasurer Attachment: Resolution No. 6004 Agenda Item (, RESOLUTION NUMBER 6004 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEAL BEACH AUTHORIZING BUDGET AMENDMENT NO. 10 -11 -01 TO APPROPRIATE FUNDING TO TRANSFER FUNDS FROM THE CAPITAL IMPROVEMENT BUDGET TO THE GENERAL FUND 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 the preparation of the Street Tree Master Plan; and Section 2. The City Manager has requested the City Council decrease transfers from the General Fund to the Capital Improvement Program to fund the Street Tree Master Plan; and Section 3. The City Manager has requested the City Council decrease expenditures for the Local Street Resurfacing Program; Section 4. The City Council hereby approves Budget Amendment No. 10 -11 -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 21,758,500 21,701,700 (56,800) Transfer In 045 - 000 -31500 21,899,200 21,842,400 (56,800) Prof Contract Serv. 045 - 333 -44000 21,899,200 21,842,400 (56,800) Prof Contract Serv. 001 - 044 -44000 282,500 339,300 56,800 PASSED, APPROVED and ADOPTED by the City Council of the City of Seal Beach at a regular meeting held on the 10th day of May , 2010 by the following vote: AYES: Council Members NOES: Council Members ABSENT: Council Members ABSTAIN: Council Members 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, do hereby certify that the foregoing resolution is the original copy of Resolution Number 6004 on file in the office of the City Clerk, passed, approved, and adopted by the City Council at a regular meeting held on the 10th day of May , 2010. City Clerk