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6.3.D. - Page 1 <br /> RE PO RT <br /> To the Honorable Mayor and City Council <br /> From the Cit Mana er <br /> June 3, 2013 <br /> SUBJECT <br /> Fiscal Year 2012-2013 Appropriation Revisions <br /> RECOMMENDATION <br /> Approve, by resolution, appropriation and transfer of certain City funds for specified <br /> purposes to conform the budgeted amounts to actual expenditures approved for <br /> transactions, which have occurred during fiscal year 2012-13. <br /> BACKGROUND <br /> Council takes many actions throughout the year that change or modify the budget <br /> approved at the beginning of each fiscal year. Moreover, grants and other revenues <br /> may be received that were not anticipated when the budget was initially prepared. <br /> Appropriations need to be established so that staff may spend these grants and <br /> revenues. <br /> ANALYSIS <br /> Staff presents appropriation changes to Council for approval generally twice a year. <br /> The following table summarizes recommended changes in appropriations for revenue, <br /> transfers and expenditures by fund. A detailed explanation of these revisions is <br /> provided in the Resolution's Exhibit A (Changes in Revenues) and Exhibit B (Changes <br /> in Expenditures). <br /> Summary of Recommended Budget Changes by Fund Type <br /> REVENUES EXPENDITURES NET CHANGE IN <br /> FUND BALANCE <br /> $ $ $ <br /> GENERAL FUND -0- 2,234,908 (2,234,908) <br /> SPECIAL REVENUE -0- 415,000 (415,000) <br /> FUNDS <br /> CAPITAL PROJECTS 426,226 384,586 41,640 <br /> FUNDS <br /> DEBT SERVICE 4,183,811 5,314,231 (1,130,420) <br /> FUNDS <br /> ENTERPRISE FUNDS -0- 48,936 (48,936) <br /> INTERNAL SERVICES 2,821,442 1,471,049 1,350,393 <br /> FUNDS <br /> TOTAL REVISIONS 7,431,479 9,868,710 (2,437,231) <br />