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CC - Item 9E - Clean-up Budget AmendmentsROSEMEAD CITY COUNCIL . STAFF REPORT TO: THE HONORABLE MAYOR AND CITY COUNCIL FROM: JEFF ALLRED, CITY MANAGER 4P DATE: APRIL 13, 2010 SUBJECT: CLEANUP BUDGET AMENDMENTS SUMMARY From time to time, throughout the fiscal year, cleanup amendments to the original budget are necessary due to program modifications, changes in estimated funding levels, new funding opportunities and so forth. In the interest of clarity, program changes that require budget amendments are routinely approved by City Council but the budget amendment step of the process is saved for one or two comprehensive cleanup amendments per year. The attached resolution is such a cleanup amendment; except for an increase in appropriation for plan checking expense, it does not introduce new spending measures. Staff Recommendation: It is recommended that the City Council approve the attached cleanup budget amendment resolutions (City of Rosemead Resolution No. 2010-14 and Rosemead Community Development Commission Resolution No. 2010-12). ANALYSIS 1) During the fiscal year, City Council approved expenditures of $83,100 for renovations to the Dinsmoor House. The expenditure will be funded by insurance proceeds of $55,100, which was received in 2008 for water damage to the house. The insurance proceeds were closed out to fund balance in FY 2008- 09 and fund balance will therefore be the source of funding. The balance, $28,000, was authorized by Council to be taken from the fund balance of the General Fund. 2) An increase in plan check expenses does not have prior Council approval. Plan check requests have increased beyond original estimates. The increased level of activity provides the City with more fee collections but also requires an increased level of plan checking services by the City's contractor. 1 APPROVED FOR CITY COUNCIL AGENDA: ITEM NUMBER: CI CIE City Council Meeting April 13, 2010 Page 2 of 2 3) The purchase of a code enforcement vehicle was authorized in the Equipment Replacement Fund in the original budget. However, by selecting a hybrid vehicle, the purchase qualified for funding by the AQMD (Air Quality Management District) Fund thus saving Equipment Replacement Funds for other purchases. 4) Two street maintenance and beautification projects (Walnut Grove Beautification and Traffic Congestion Improvements as well as Ramona North Beautification projects) were approved in the original City Capital Improvements budget, however, no funding source was identified at that time. Subsequently, it has been determined, and approved by Council, that the two projects should be paid for with Community Development Commission (CDC) fund balance and 2006A bond fund proceeds. 5) Another street maintenance project (Garvey Ave. Resurfacing) was continued from FY 2008-09 and needs an appropriation in the 2009-10 fiscal year. The project was paid for with Proposition 1 B Gas Tax proceeds. 6) The street maintenance projects are accounted in the City's Capital Projects Fund and therefore need transfers in from their respective funding sources. The transfers in and out are listed under the TRANSFERS heading. Funding transfers from the CDC are presented on a separate CDC resolution. PUBLIC NOTICE PROCESS This item has been noticed through the regular agenda notification process. Submitted by: Steve Brisco Finance Director Attachment: City Resolution No. 2010-14 CDC Resolution No. 2010-12 RESOLUTION NO. 2010-14 A RESOLUTION OF THE CITY OF ROSEMEAD APPROPRIATING $1,281,300 FOR VARIOUS EXPENDITURES Increase/ Fund Organizatio Account Description (Decrease) APPROPRIATIONS Gen 4870 4725 Dinsmoor House Rehab $ 83,100 Gen 4170 4882 Additional plan check expense 40,000 Total General Fund 123,100 AQMD 4240 8300 Animal control vehicle Cap Proj 4760 4905 Garvey Ave Resurfacing (P45729) Cap Proj 4760 4905 Walnut Grove Beautification (P82929) Cap Proj 4760 4905 Ramona North Beautification (P83129) Total Capital Projects Fund Total appropriations TRANSFERS Gas Tax 4760 8995 Transfer out to Capital Proj (Garvey Ave. resurface) Cap Proj 4760 3995 Transfer in From Gas Tax (Garvey Ave. resurface) Cap Proj 4760 3995 Transfer in from CDC (Walnut Grove Beautification) Transfer in from CDC (2006A bond proceeds for Cap Proj 4760 3995 Ramona North Beautification) Total transfers in to Capital Projects Fund FUNDING SOURCE (MEMO) Gen Fund balance - 2008 insurance proceeds Gen Fund balance AQMD Fund balance Gas Tax Fund balance - carry-over (STP-L) PASSED, APPROVED and ADOPTED this 13th day os April, 2010. 21,600 636,600 350,000 150,000 1,136,600 $ 1,281,300 636,600 636,600 350,000 150,000 1,136,600 (55,400) (67,700) (21,600) (636,600) Mayor ATTEST: City Clerk RESOLUTION NO. 2010-12 A RESOLUTION OF THE ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION TRANSFERING $500,000 TO THE CITY CAPITAL PROJECTS FUND FOR STREET MAINTENANCE PROJECTS Fund Org Account Description Increase/ TRANSFERS Transfer out to City Cap Proj (Walnut Grove CDC Cap Proj 4720 8995 Beautification) Transfer out to City Cap Proj (2006A bond CDC Cap Proj 4720 8995 proceeds for Ramona North Beautification) Total transfers out to City Capital Projects Fund FUNDING SOURCE (MEMO) CDC Cap Proj Fund balance CDC Cap Proj Fund balance (2006 A) bond proceeds PASSED, APPROVED and ADOPTED this 13th day os April, 2010. $ 350,000 150,000 $ 500,000 (350,000) (150,000) Chairman ATTEST: Secretary