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HomeMy WebLinkAboutCC AG PKT 2010-10-11 #F AGENDA STAFF REPORT DATE: October 11, 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 -04 -01 FOR FISCAL YEAR 2010/2011 SUMMARY OF REQUEST: Adopt Resolution No. 6064 authorizing Budget Amendment No. 11 -04 -01 amending fiscal year 2010/11 budget. BACKGROUND: For the October 11, 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. 6064. Each of these budget amendment items is explained in more detail in agenda items K and S. FINANCIAL IMPACT: The General Fund impact for Budget Amendment No. 11 -04 -01 is to increase expenditures by $130,400. RECOMMENDATION: Adopt Resolution No. 6064 authorizing Budget Amendment No. 11- 04 -01. SUBMITTED BY: NOTED AND APPROVED: — mod Robbeyn d, CPA David Carmany, City Manager Director of Administrative Services/Treasurer Attachment: Resolution No. 6064 Agenda Item F RESOLUTION NUMBER 6064 A RESOLUTION OF THE SEAL BEACH CITY COUNCIL AUTHORIZING BUDGET AMENDMENT NO. 11 -04 -01 REVISING • THE FISCAL YEAR 2010/11 BUDGET THE SEAL BEACH CITY COUNCIL HEREBY RESOLVES THAT: Section 1. The City Manager has requested the City Council amend its fiscal year 2010/2011 budget to increase expenditures for completion of the Beverly Manor /Northgate road street improvement project; and Section 2. The City Manager has requested the City Council amend its fiscal year 2010/2011 budget to increase expenditures for increases in benefits due to adoption of the Police Officer's Association and Police Management Association Memorandums of Understanding; and Section 3. The City Manager has requested the City Council amend the fiscal year 2010/2011 budget to increase revenues and expenditures 'as stated below. The City Council hereby approves Budget Amendment No. 11 -04 -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 Transfer Out 001 - 080 -47000 1,675,300 1,745,300 70,000 Transfer In 045 - 000 -31500 2,145,000 2,215,000 70,000 Contract Professional 045- 333 -44000 2,145,000 2,215,000 70,000 Special Pay 001 - 022 -40002 8,900 38,900 30,000 Special Pay 001 - 023 -40002 -0- 1,000 1,000 Salaries 001 - 022 -40001 3,256,300 3,267,100 10,800 Medical Insurance 001 - 022 -40014 362,900 380,900 18,000 Medical Insurance 001 - 023 -40014 80,900 81,500 600 PASSED, APPROVED and ADOPTED by the Seal Beach City Council at a regular meeting held on the 11th day of October , 2010 by the following vote: AYES: Council Members NOES: Council Members ABSENT: Council Members ABSTAIN: Council Members Mayor ATTEST: City Clerk Resolution Number 6064 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 6064 on file in the office of the City Clerk, passed, approved, and adopted by the City Council at a regular meeting held on the 11th day of October , 2010. City Clerk • • • •