HomeMy WebLinkAboutCC AG PKT 2003-06-09 #P AGENDA REPORT
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DATE: June 9, 2003 l9
TO: Honorable Mayor and City Council
THRU: John B. Bahorski, City Manager
FROM: Pamela Arends -King, Director of Administrative Services/Treasurer
SUBJECT: MID -YEAR BUDGET AMENDMENT
SUMMARY OF REQUEST:
Staff requests City Council approve mid -year budget amendment 03 -29 for personnel
rules reappropriation, settlement and attorney fees, increased membership dues, annual
education costs, CAFR printing, water billing postage, cell phone charges and negotiated
MOU changes.
BACKGROUND:
Finance Departments has reviewed the expenditures of all the departments and have
found several budget amendments required to bring appropriations in line with actual
expenditures. Revising personnel rules was budgeted in fiscal year 2001 -02 and only a
portion of it was expended in the same fiscal year. We received an invoice dated
December 9, 2002 for the remainder requiring the funds to be reappropriated. There have
been unbudgeted insurance premiums, settlement fees, and associated attorney invoices
during the current fiscal year. Professional dues have increased since the original budget
was prepared. Also annual educational costs, document printing costs, postage and cell
phone charges have exceeded original budgets. And finally, this budget amendment
includes the MOU changes negotiated and agreed upon by City Council during the fiscal
year.
FISCAL IMPACT:
The total budget amendment increases appropriations by $194,355. The net increase in
General Fund expenditure for budget amendment 03 -29 is $259,579. Approval of the
amendment would reduce the General Fund's undesignated estimated fund balance from
$3,780,227 to $3,520,648.
Agenda Item P m 1
April 14, 2003
General Fund Budget Amendment
RECOMMENATION:
City Council approve budget amendment 03 -29 for the proposed mid -year budget
amendments.
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Pamela Arends -King v
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Direct• of ' , nistrative S ices/Treasurer
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John B.: ' orski
City M. '= ger
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