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HomeMy WebLinkAboutCC AG PKT 2004-05-24 #T 1 AGENDA REPORT 6 LD DATE: May 24, 2004 TO: Honorable Mayor and City Council THRU: John B. Bahorski, City Manager FROM: Pamela Arends -King, Director of Administrative Services /Treasurer SUBJECT: BUDGET AMENDMENT ADJUSTMENT SUMMARY OF REQUEST: Staff requests City Council approve a budget amendment 04 -28 for fiscal year 2003/04 for increases in wages and benefits due to the retirement of the Lifeguard Chief, Police Department participation in Homeland Security Training funded with County grant monies and unexpected increase in part-time wages in the Planning Department funded with GIS inspection deposit monies. BACKGROUND: As Staff reviewed the expenditures incurred thus far and projected for the remainder of the fiscal year 2003/04 it was noted that current budgeted amounts for wages and benefits were insufficient to cover the projected fiscal year 2003/04 expenditures. An unanticipated large vacation/sick leave payoff was paid to the Lifeguard Chief upon retirement. Furthermore the Police Department has been incurring excess overtime due to the Homeland Security Training which will be reimbursed with grant monies. The Planning Department also had an unexpected need for additional part-time help. FISCAL IMPACT: The budget amendment increases General Fund expenditures $25,500. Approval of the amendment would decrease the General Fund's undesignated estimated fund balance from $3,866,660 to $3,841,160. RECOMMENATION: City Council approves budget amendment 04 -28 for the proposed budget review adjustments. Agenda Item ,711. Budget Review Adjustments 03/22/2004 ?� � Pamela Arends -Kim Director of Admii(strative Servi ;s/Treasurer f John B , ahorski City ■f ager