CC - Item 4J - Interim Budgets AmendmentsROSEMEAD CITY COUNCIL
STAFF REPORT
TO: THE HONORABLE MAYOR AND CITY COUNCIL
FROM: MATTHEW E. HAWKESWORTH, ACTING CITY MANAGER
DATE: JUNE 9, 2009
SUBJECT: INTERIM BUDGET AMENDMENTS
SUMMARY
From time to time, as new revenues are received and when changing circumstances
warrant, it becomes necessary to amend the budget. The attached resolution amends
the budget with $929,300 of new General Fund appropriations. The appropriations are
funded with $264,560 of new estimated revenue and $664,740 is funded by unreserved
fund balance. There is also a funding shift of $350,000 from the Proposition A fund to
the Proposition C fund for public transportation services.
Staff Recommendation
Stan recommends-that the City Council adopt the attached resolution number 2009-29.
FINANCIAL REVIEW
Unforeseen budget changes in the General Fund include:
1. $10,000 for additional rubbish assessment revenue charged to customers by the
trash hauler for late payments.
2. $100,000 of estimated COPS grant revenue. There is also a corresponding
appropriation increase. The amount of funding for the COPS grant is, by
program design, not known until well into the City's fiscal year. This year, due to
the State budget -crisis, there was considerable uncertainty as to whether the
grant would be funded at all..
3. During the year the City was granted $94,300 from the Federal Government for
graffiti deterrence and there is a corresponding increase in appropriations.
4. Revenue of $54,260 for FY 2004-05 and 2005-06 Justice Assistance Grant
(JAG) revenue was received during the year. There is no corresponding
appropriation.
5. An appropriation increase of $320,000 for Administrative severance.
6. An appropriation increase of $190,000 to pay for sales tax consultant
commissions primarily related to the collection of State misallocated sales tax
revenue. The City was reimbursed more than $800,000 in misallocated sales tax
APPROVED FOR CITY COUNCIL AGENDA: ITEM NUMBER:
City Council Meeting
June 9, 2009
Pace 2 of 2
revenue this year and $277,000 in FY 2009-10 from this project.
7. An additional $225,000 has been added to pay for unanticipated legal bills for the
election lawsuit and the Haro-Ballin lawsuit.
To avoid lapsing of Proposition C revenue, staff shifted public transportation
appropriations of $350,000 from the Proposition A fund to the Proposition C fund. The
actual expenditures will also be reclassified to the Proposition C fund.
PUBLIC NOTICE PROCESS
This item has been noticed through the regular agenda notification process.
Submitted by:
Steven Brisco
Finance Director
Attachment A: Resolution No. 2009-29
RESOLUTION NO. 2009-29
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD,
CALIFORNIA ADDING APPROPRIATIONS $704,300
Increase
Fund
Acct. No.
Description
(Decrease)
Estimate Revenue
General
4110-3116
Rubbish Assessments
10,000
General
4300-3772-P46801
COPS Grant
100,000
General
4300-3773-P41501
FY 2004-05, 2005-06 JAG catch up
54,260
General
4700-3993-01
Reimbursements from developers
6,000
General
4740-3773-P46601
Fed Graffiti Deterent Grant
94,300
Total
264,560
Appropriations
General
4110-4010-01
Administration/Salaries
293,800
General
4110-4105-01
Administration/Medicare
11,800
General
4110-4110-01
Admin/Cafeteria Benefits
14,400
General
4130-4460-01
Sales tax consultant commissions
190,000
General
4150-4310-01
City attorney retainer
225,000
General
4740-8250-P46601
Graffiti Grant - Equipment
60,000
General
4740-4699-P46601
Graffiti Grant - Probation officer
30,000
General
4740-5010-P46601
Graffiti Grant - Supplies
4,300
General
4300-4512-P46801
General law Enforcement (COPS Grant)
100,000
Total Generral Fund
929,300
Prop A
4660-7510-28
Move Prop A transit to Prop C
(350,000)
Prop C
4660-7510-25
Move from Prop A to Prop C
350,000
Net appropriation amendments
929,300
Fund.Balance
General
Fund Balance
(439,740)
Prop C
Fund Balance
(350,000)
Prop A
Fund Balance
350,000
RESOLUTION NO. 2009-29 (CONT-D)
NOW THEREFORE, the above appropriations and fund balance are amended
to include the changes presented above. The additional appropriations are made a part
of the approved FY2008-09 budget as though they were a part of the initial approved
budget fully set forth and the City Manager is authorized and empowered to expend
such sums 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 City Manager.
PASSED. APPROVED and ADOPTED THIS 9th day of June 2009.
Mayor
ATTEST:
City Clerk