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HomeMy WebLinkAboutCC AG PKT 2003-10-13 #R AGENDA REPORT 1 16 5 DATE: October 13, 2003 0 TO: Honorable Mayor and City Council " „),40 o ° 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 -12 reallocating Police salaries and benefits after certain personnel changes and approving Public Works adjustments overlooked during the Mid -Point Budget Review. BACKGROUND: The Police Department has shifted officers around to better serve the community. A budget amendment is necessary to charge their time to the appropriate department. There has also been some compensation savings due to retirements. The Public Works Department in their effort to satisfy Maintenance of Effort (MOE) requirements has reallocated its expenditures to clarify those expenditures qualifying as MOE. A budget amendment is necessary to match the appropriations to the expenditures /expenses. FISCAL IMPACT: The total budget amendment decreases appropriations by $960. The net decrease in General Fund expenditure for budget amendment 04 -12 is $960. Approval of the amendment would increase the General Fund's undesignated estimated fund balance from $4,170,856 to $4,171,816. RECOMMENATION: City Council approves budget amendment. 04 -12 for the proposed budget review adjustments. Agenda Item /X Mid -Point Budget Review Adjustments 4. 10/7/2003 a/t/triA dt-ei4G6 1 Pamela Arends -King Director of A ', inistrative - rvices /Treasurer 4 1 _ pd John B ' : ahorski City ► , M anager