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HomeMy WebLinkAboutReso 2009-014 - Amend budget . . 'i Resolution No. 2009 - 14 A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE 50TH AMENDMENT TO CITY BUDGET RESOLUTION NO. 2007-127 APPROPRIATING $5,427,870, AUTHORIZING TWO FULL-TIME ELECTRIC POSITIONS AND REDUCING ESTIMATED REVENUE BY $1,735,280 FOR FISCAL YEAR FISCAL YEAR 2008-09. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDDING THAT Budget Resolution No. 2007-127 be and is hereby amended as follows: Fund Division Description Increase - III 402 City Clerk $ 14,060 III 462 Fire $ 13,000 129 638 Branch Library 4,310 172 897 Risk Management 100,000 142 852 Electric Power Production 6,251,000 142 853 Electric Distribution 142 855 Electric Resources 559,000 142 859 Electric Capital Outlay 142 854 Energy Services 150,000 PERSONNEL Fund Division 142 852 Description Electric - Power Production Increase 2.0 FTE Beginning Balance III 427 01 129 638 01 172 897 01 142 851 01 Use of Funds o I Beginning Balance o I Beginning Balance 01 Beginning Balance o I Beginning Balance Increase (Decrease) Revenue 142 859 5 5062-01 Transfer Major Maintenance III 427 5 5070-01 Transfer to Library 129 638 5 5067-01 Transfer to Equipment Reserve Increase (Decrease) Expenditures 142 852 8555-86 Purchase Power Other 142 852 8555-93 PPM Energy - Long Term 142 852 0111-01 Full-time Salary 142 852 8502-05 Overtime 142 852 8502-05 Steam Prod. Material 142 852 8512-05 Steam Boiler Main!. 5,000,000 300,000 60,000 60,000 40,000 50,000 Decrease $ 300,000 1,363,500 Decrease Source of Funds $ 36,580 30,070 100,000 6,996,500 $ (1,700,000) (9,520) (25,760) ~ o .....0 " ........ -c: 50th AMENDMENT TO CITY BUDGET RESOLUTION NO. 2007-127 Pagel oj 2 . . r. 1 Increase (Decrease) Expenditures (Continued) Use of Funds 142 852 8553-05 CT Equip. Main!. 250,000 142 852 8502-30 San Juan Production Cost 441,000 142 852 8548-88 MSR Renewables 50,000 142 853 0111-01 Full-time Salary (300,000) 142 855 8565-80 Transmission TANC Assessment 500,000 142 855 8566-80 MSR San Juan Transmission 59,000 142 859 3440-01 Underground Conduit and Devices (200,000) 142 859 3500-01 Transformers (500,000) 142 859 4206-03 Unit 2 Compressor Replacement (74,900) 142 859 4206-04 Unit 2 Control System Upgrade (166,000) 142 859 4207-03 Unit 5 2nd Cooling Tower (53,500) 142 859 4325-01 Unit I Control System Upgrade (167,000) 142 859 4633-01 Unit 1 Control System Upgrade (167,000) 142 859 8762-01 Recording System (35,100) 129 638 2252-01 Security Contracts 2,310 129 638 2542-01 Specialized Services 2,000 III 402 2478-01 Election Expense 14,060 111 462 2254-01 Specialized Services 13,000 172 897 2264-01 Preventive Prop. Main!. 100,000 142 854 8908-17 Public Benefits 150000 $ 5,427,870 PERSONNEL Adopted Full-time Regular Power Plant Maintenance 2.0 FTE Full-time Regular Instrument and Electrical Technician 3.0 FTE Source of Funds $ 5,427,870 Amended 3.0 FTE 4.0 FTE THAT the purpose is to appropriate $5,427,870, authorizing two full-time Electric positions and reducing estimated revenue by $1,735,280 for fiscal year 2008-09. -r:a~ RICK ROSETII, Mayor 1 HEREBY CERTIFY that the foregoing Resolution was introduced and read at a regular meeting of the City Council for the City of Redding on the 17th day of February, 2009, and was duly adopted at said meeting by the following vote: AYES: NOES: ABSENT: ABSTAJN: COUNCIL MEMBERS: Dickerson, Jones, McArthur, Stegall, and Rosetti COUNCIL MEMBERS: None COUNCIL MEMBERS: None COUNCIL MEMBERS: None - ~ v ...., '.. -j ".'~..... JjATIES\\'z,~-~,; y ,:::<','-, . 03:2f~."/-" ~~ ~~:;:':- .~ -, '...-- ~'" -- . PAMELAMI~E, Assistant City Clerk_ ",-, ,,_',.,\ f"." ^ ,~. ... , ~ - ~ ... ~~_. .- ;. - '4, - -....."'. FORM APPROVAL: ~~ RICHARD A. DUVERNAY, City " '- r .. ~.- -, /. ..... . 50th AMENDMENT TO CITY BUDGET RESOLUTION NO. 2007-127 Page 2 of2