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HomeMy WebLinkAboutCC AG PKT 2010-08-09 #GAGENDA STAFF REPORT DATE: August 9, 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. 11 -02 -01 FOR FISCAL YEAR 2010/2011 SUMMARY OF REQUEST: Adopt Resolution No. 6037 authorizing Budget Amendment No. 11 -02 -01 amending fiscal year 2010/11 budget. BACKGROUND: For the August 9, 2010 City Council agenda, the City Manager is requesting that various budget amendments be made for the 2010/11 fiscal year to revise the budget for the items listed in Resolution No. 6037. Each of these budget amendment items is explained in more detail in agenda items L, M, O, and W. FINANCIAL IMPACT: The General Fund impact for Budget Amendment No. 11 -02 -01 is to increase revenues by $16,900 and increase expenditures by $1,241,800. RECOMMENDATION: Adopt Resolution No. 6037 authorizing Budget Amendment No. 11- 02 -01. SUBMITTED BY: Robbeyn EWd, CPA Director of Administrative Services/Treasurer Attachment: Resolution No. 6037 NOTED AND APPROVED: -�t� David Carmany, City Manager Agenda Item G RESOLUTION NUMBER 6037 A RESOLUTION OF THE SEAL BEACH CITY COUNCIL AUTHORIZING BUDGET AMENDMENT NO. 11 -02 -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 payment of the California Insurance Pool Authority Assessment; and Section 2 . The City Manager has requested the City Council amend its fiscal year 2010/2011 budget to increase expenditures for participation in the California Joint Powers Insurance Authority Early Repayment Incentive Plan for payment of the Aggregate Retrospective Adjustment; and Section 3. The City Manager has requested the City Council amend its fiscal year 2010/2011 budget to increase revenues and expenditures for the 1 OK money received for Community Services and Lifeguards; and Section 4. The City Manager has requested the City Council amend its fiscal year 2010/2011 budget to increase expenditures for remodeling of the Eisenhower restrooms; and Section 5. The City Manager has requested the City Council amend its fiscal year 2010/2011 budget to increase expenditures for preparation of the 2010 Update to the Urban Water Management Plan; and Section 6. The City Manager has requested the City Council amend to fiscal year 2010/2011 budget to increase expenditures The City Council hereby approves Budget Amendment No. 11 -02 -01 and directs the City Manager to amend the FY 2010/2011 Budget to reflect the following revisions and amendments: AMENDED/ FY 2010/11 ADOPTED AMENDED BUDGET (diff) DEPARTMENT ACCOUNT BUDGET BUDGET AMENDMENT Gen. Liab. Admn. 001 - 018 -49500 650,000 1,672,800 1,022,800 Gen. Liab. Admn. 001 - 018 -49500 1,672,800 1,681,500 8,700 Work Comp Admn. 001- 018 -49600 350,000 543,400 193,400 Donations 001 - 000 -30962 10,600 27,500 16,900 Equipment/Materials 001 - 070 -40700 -0- 16,900 16,900 Contract Professional 017 - 900 -44000 218,500 247,700 29,200 Donated Revenue 034- 000 -30962 -0- 3,100 3,100 Materials /Supplies 034 - 828 -40701 13,300 16,400 3,100 (Intentionally Left Blan) Resolution Number 6037 PASSED, APPROVED and ADOPTED by the Seal Beach City Council at regular meeting held on the 9th day of August , 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 6037 on file in the office of the City Clerk, passed, approved, and adopted by the City Council at a regular meeting held on the 9th day of August , 2010. City Clerk