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<br /> <br />REPORT <br /> <br />To the Honorable Mayor and City Council <br />From the City Manager <br /> <br />June 26, 2000 <br /> <br />Subject <br />Fiscal Year 1999/2000 Appropriations Revisions <br /> <br />Recommendation <br />It is recommended that the City Council introduce an ordinance appropriating and transferring <br />certain funds for specified purposes in order to conform budgeted amounts to actual expenditures <br />approved for transactions which occurred during fiscal year 1999-2000. <br /> <br />Background <br />The following are summaries of appropriations by fund. A detailed explanation of these revisions <br />is provided in Attachment A. Council takes many actions throughout the year that change or modify <br />the budget. Staff holds these changes and periodically presents the appropriate changes to Council <br />for approval. <br /> <br />Increase <br /> <br />General Fund <br /> <br />567,500 <br /> <br />General Improvement District 1-64 Maintenance & Operation Fund <br /> <br />74,730 <br />150,000 <br /> <br />Transportation Grants Fund <br /> <br />Traffic Mitigation Fund (Developer Contribution) <br /> <br />20,000 <br /> <br />Capital Outlay Fund <br /> <br />(267,614) <br /> <br />Community Development Block Grant Fund <br /> <br />271,614 <br /> <br />TotallExpenditure" Revisions <br /> <br />816,230 <br /> <br />These revisions are necessary to transfer or formally appropriate funds to implement many projects <br />and issues that the Council has already approved. Sufficient resources are available within the <br />unreserved fund balance in the respective funds or will be made available through grants that will <br />be received this fiscal year to support these recommended appropriations. <br /> <br />Of the total recommended appropriations of $816,230, two items, (i) Fire Department overtime <br />($320,000) and (ii) Rubberized Railroad Crossing additional allocation ($150,000), comprise <br />approximately 58% of this amount. With respect to the Fire Department overtime, the City Council <br />was advised of this pending item when the first set of budget amendments were approved on March <br />13, 2000. We did not want to make an adjustment at that time until we had a more accurate figure <br />for year's end. <br /> <br />/t1(/~ <br /> <br />Brian Ponty <br />Director of Finance and Financial Planning <br /> <br />Edward E[J h J/- <br /> <br /> <br />City Manager <br /> <br />.p. .. ...- 1r <br />