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HomeMy WebLinkAboutCC AG PKT 2010-06-14 #IAGENDA STAFF REPORT DATE: June 14, 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 -12 -01 FOR FISCAL YEAR 2009/2010 AND BUDGET AMENDMENT NO. 11- 01-01 FOR FISCAL YEAR 2010/2011 SUMMARY OF REQUEST: Adopt Resolution No. 6006 authorizing Budget Amendment No. 10 -12 -01 amending fiscal year budget 2009/10 and Resolution No. 6007 authorizing Budget Amendment No. 11 -01 -01 amending fiscal year 2010/11 budget. BACKGROUND: For the June 14, 2010 City Council agenda, the City Manager is requesting that various budget amendments be made for both the 2009/10 and 2010 /11 fiscal years to revise those years for items that were inadvertently not budgeted for or that were subsequently approved by the City Council. In addition, items 7" and "AA" of this agenda require budget amendments for the transfer of General Fund monies to the Capital Improvement fund and the Street Lighting Fund. Budget amendments are needed for appropriation increases in items "T" and the building /facility condition assessment study. Each of these budget amendment items is explained in more detail in the agenda items referenced above. FINANCIAL IMPACT: The only General Fund impact Budget Amendment No. 10 -12 -01 has is to increase the transfers to the Capital Improvement Fund for the Police Department remodel in the amount of $47,500. Budget Amendment No. 11 -01- 01 has several budget corrections for the 2010 /11 fiscal year with a General Fund impact of $120,100. Also included in budget amendment 11 -01 -01 are increases totaling $92,300 for transfer of funds from the General Fund to the Agenda Item Page 2 Street Lighting Fund, and an increase in appropriations for the facility condition assessment. RECOMMENDATION: Adopt Resolution No. 6006 authorizing Budget Amendment No. 10 -12 -01 and Resolution No. 6007 authorizing Budget Amendment No. 11- 01 -01. SUBMITTED BY: NOTED AND APPROVED: f "" , r4 / 4 � 6 � Robbeyn Bird, CPA David Carman f, City Manager Director of Administrative Services/Treasurer Attachment: A. Resolution No. 6006 B. Resolution No. 6007 RESOLUTION NUMBER 6006 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEAL BEACH AUTHORIZING BUDGET AMENDMENT NO. 10 -12-01 REVISING THE FISCAL YEAR 2009/10 YEAR END 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 to correct estimates and /or include omissions of various transactions in the budget document; and Section 2. The City Manager has requested the City Council increase appropriations in the Tidelands fund for a council approved right of way acquisition; and Section 3. The City Manager has requested the City Council increase expenditures for the Redevelopment fund for legal services related to contamination issues and for the difference between the budgeted SERAF payment and the actual SERAF payment; and Section 4. The City Manager has requested the City Council increase expenditures in the Capital Improvement Fund for the Police Department remodel. Section 5. The City Council hereby approves Budget Amendment No. 10 -12 -01 and directs the Director of Administrative Services to amend the FY 2009/2010 Budget to reflect the following transfer, revision and amendment: DEPARTMENT Transfer In Transfer Out Transfer Out Transfer In Contract Professional Project BG0801 Transfer In Electricity-St. lighting Special Departmental Interest pmt - Safety Interest pmt - Fire Acquisition Contract Professional Contract Professional Legal Services SERAF Contribution (intentionally Left Blank) AMENDED/ FY 2009/10 ADOPTED AMENDED BUDGET (diff) ACCOUNT BUDGET BUDGET AMENDMENT 001 - 000 -31500 348,000 353,000 5,000 028 -026 -47000 0 5,000 5,000 001 -080 -47000 21,758,500 21,806,000 47,500 045 - 000 -31500 21,899,200 21,946,700 47,500 045- 333 -44000 21,899,200 21,946,700 47,500 021 - 000 -31500 162,300 351,500 189,200 002 - 500 -41020 156,000 181,600 25,600 010 -024 -40800 0 19,700 19,700 027 - 022 -47999 461,100 463,500 2,400 027 - 026 -47999 77,600 79,500 1,900 034 - 863 -47020 0 24,200 24,200 040 - 090 -44000 0 1,000 1,000 043 - 925-49777 0 53,400 53,400 063 - 081 -49800 10,000 24,800 14,800 067 - 081 -44500 1,200,000 1,231,400 31,400 (intentionally Left Blank) Resolution Number 6006 PASSED, APPROVED and ADOPTED by the City Council of the City of Seal Beach at a regular meeting held on the 14th day of June , 2010 by the following vote: AYES: Council Members NOES: Council Members ABSENT: Council Members ABSTAIN: Council Members ATTEST: City Clerk Mayor 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 6006 on file in the office of the City Clerk, passed, approved, and adopted by the City Council at a regular meeting held on the 14th day of June , 2010. City Clerk RESOLUTION NUMBER 6007 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEAL BEACH AUTHORIZING BUDGET AMENDMENT NO. 11 -01 -01 REVISING THE FISCAL YEAR 2010/11 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 2010/2011 budget to increase expenditures for the revisions and corrections to the budget document; and Section 2. The City Manager has requested the City Council increase expenditures for the Street Lighting Fund for increases in electrical costs; Section 3. The City Manager has requested the City Council increase expenditures in the Building Maintenance program of the Public Works Department for the Building /Facility Condition Assessment study; and Section 4. The City Council hereby approves Budget Amendment No. 11 -01 -01 and directs the Director of Administrative Services to amend the FY 2010/2011 Budget to reflect the following transfer, revisions and amendment: AMENDED/ FY 2009/10 ADOPTED AMENDED BUDGET (diff) DEPARTMENT ACCOUNT BUDGET BUDGET AMENDMENT Debt Svc Pmt - Principal 001 - 023 -47888 0 110,000 110,000 Interest Pmt 001 - 023 -47999 0 10,100 10,100 Contract Professional 040 - 090 -44000 0 1,100 1,100 Transfers Out 001 - 080 -47000 1,671,700 1,675,300 3,600 Transfers In 002 - 000 -31500 0 3,600 3,600 Contract Professional 001- 052 -44000 299,000 387,700 88,700 PASSED, APPROVED and ADOPTED by the City Council of the City of Seal Beach at a regular meeting held on the 14th day of June , 2010 by the following vote: AYES: Council Members NOES: Council Members ABSENT: Council Members ABSTAIN: Council Members ATTEST: Mayor 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 6007 on file in the office of the City Clerk, passed, approved, and adopted by the City Council at a regular meeting held on the 14th day of June , 2010. City Clerk