File #: ID-149-17    Version: 1 Name:
Type: Resolution Status: Agenda Ready
File created: 3/20/2017 In control: City Council
On agenda: 4/18/2017 Final action:
Title: A RESOLUTION AMENDING CERTAIN ACCOUNTS IN THE GENERAL FUND, PARKS AND RECREATION CAPITAL IMPROVEMENT FUND, LOTTERY FUND, WATER FUND, WASTEWATER FUND AND FLEET INTERNAL SERVICE FUND; AND APPROPRIATING MONEY FOR EXPENDITURE AND EXPENSES IN THE AMOUNT OF $1,229,640 (ONE MILLION TWO HUNDRED TWENTY NINE THOUSAND SIX HUNDRED FORTY) FOR THE GENERAL FUND, A NET $0 (ZER0) FOR THE PARKS AND RECREATION CAPITAL IMPROVEMENT FUND, $31,100 (THIRTY ONE THOUSAND ONE HUNDRED) FOR THE LOTTERY FUND, $240,576 (TWO HUNDRED FORTY THOUSAND FIVE HUNDRED SEVENTY SIX) FOR THE WATER FUND, $33,275 (THIRTY THREE THOUSAND TWO HUNDRED SEVENTY FIVE FOR THE WASTEWATER FUND), AND $52,000 (FIFTY TWO THOUSAND DOLLARS) FOR THE FLEET INTERNAL SERVICE FUND
Attachments: 1. Amended Final Reso Amending Budget for CC 4 18 17, 2. Listing 3, 3. do not use Reso Amending Budget for CC 4 18 17 mrb rev 4 10 17

Body

Department of Finance

Reference:                     2017 Budget Amendment

 

To:                                                               Mayor Richard N. McLean and Members of City Council

Through:                                          Clint Blackhurst, Acting City Manager

Prepared By:                                          Jean Starr, Interim Finance Director

Date Prepared:                     March 18, 2016

PURPOSE:  To amend the 2017 Adopted Budget.

BACKGROUND:  A 2017 budget amendment must be completed for 2016 budgeted operating appropriations that were encumbered by prior years’ purchase orders or not finalized by December 31, 2016; thus appropriating amounts to complete these expenditures in 2017.  In addition, the 2017 budget amendment requests budget for personal services and benefits due to separation agreements, and grants received.  Budget transfers between projects and divisions were also requested.  The following are the amounts requested by fund:

 

                     

FINANCIAL IMPACT:  All re-budgets of prior year’s incomplete encumbrances or carryovers must be made by a budget appropriation in the current year, as all remaining project budget amounts lapsed into fund balance at 12/31/2016.  All changes to the 2017 adopted budget must be made by a Supplemental Appropriation resolution.

 

STAFF RECOMMENDATION:  Approve the proposed 2017 supplemental budget resolution and appropriation.

 

OPTIONS FOR COUNCIL CONSIDERATION:  Approve the budget amendment as presented, amend, or deny.

 

ATTACHMENTS:

•                     Detail of Fund Expenditures or Expenses for the 2017 Operating Budget Amendment #1

•                     Draft Budget Amendment Resolution