CC - 2011-29 - Appropriate for Increases in Building Inspection Cost - GASB45RESOLUTION NO. 2011 -29
A RESOLUTION OF THE CITY OF ROSEMEAD, CALIFORNIA TO APPROPRIATE
$2,260,900 FOR INCREASES IN BUILDING INSPECTION COSTS, UNFUNDED
GASB 45 COMPLIANCE LIABILITIES AND CAPITAL PROJECT CARRYOVERS
Incrrease
Fund Acct No. Description (Decrease)
ESTIMATED REVENUES
General 4710 - 3224 -01 Building permits
Increased building activity, primarily by
Edison Co. expansion.
Total General Fund Est. Rev.
APPROPRIATIONS
General 4160 - 4120 -01 GASB 45 compliance liability
OPEB unfunded liability. Funding source:
General Fund reserves.
General 4710 - 4290 -01 Building inspections
Additional costs due to Edison Co.
expansion. Recovered with building
permit revenues.
Total General Fund Appropriations
Cap 4760-4905 -
Proj P82129 Hellman Ave. resurface (FY 2010 carryover)
Funding source: Gas Tax encumbrance
reserve.
Cap 4760-4905 -
Proj P82229 Annual slurry seal (FY 2010 carryover)
Funding source: CDBG encumbrance
reserve.
$ 375,000
375,000
RAE
218,000
862,600
527,000
241,900
RESOLUTION NO. 2011 -29 (continued)
Increase
Fund Acct No. Description (Decrease)
Cap 4760 -4905-
Proj P82429 Neighborhood Traffic Safety Improvement - 629,400
Mission Dr. (FY 2010 carryover)
Funding source: Safe Routeesto School grant/
Gas Tax
Total Capital Projects Fund Appropriations 1,398,300
Total appropriation increase
$ 2,260,900
NOW THEREFORE, $2,260,900 is appropriated in various accounts described
above in the General fund and the Capital Projects Fund.
The additional appropriation is made a part of the approved FY2010 -11 budget as
though it were a part of the initial approved budget fully set forth and the Executive
Director is authorized and empowered to expend such sum for the purpose of such
account, but with no expenditure by any office or department for any item within an
account shall exceed the amount budgeted therefore without prior written approval of
the Executive Director.
PASSED, APPROVED and ADOPTED this 14 day of June 2011.
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May r
ATTEST:
City Clerk
O APPRO E AS gZ � ( �6
C
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS.
CITY OF ROSEMEAD )
I, Gloria Molleda, City Clerk of the City of Rosemead, do hereby certify that the foregoing
Resolution No. 2011 -29 being:
A RESOLUTION OF THE CITY OF ROSEMEAD, CALIFORNIA TO APPROPRIATE $2,260,900
FOR INCREASES IN BUILDING INSPECTION COST, UNFUNDED GASB 45 COMPLIANCE
LIABILITIES AND CAPITAL PROJECT CARRYOVERS
was duly and regularly approved and adopted by the Rosemead City Council on the14th of June,
2011, by the following vote to wit:
Yes: Alarcon, Armenta, Low, Ly
No: None
Abstain: None
Absent: Clark
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( �- (t Cf
Gloria Molleda
City Clerk