HomeMy WebLinkAboutReso 2010-025 - Mid Year budget adjustments
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.ResOlution No. 2010 - 25 .
A RESOLUTION OF THE CITY OF REDDlNG APPROVlNG AND ADOPTlNG THE 16TH
AMENDMENT TO CITY BUDGET RESOLUTION NO. 2009-61 APPROPRIATlNG$617,000 IN
FISCAL YEAR 2009- I 0 AND $1,284,000 IN FISCAL YEAR 2010-11 TO REFLECT MID-YEAR
ADJUSTMENTS
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDDING
THAT Budget Resolution No. 2009-61 be and is hereby amended as follows:
For the Fiscal Year 2009-10
Fund Division Description Increase Decrease
-
111 462 Fire $ 400,000 $
111 427 Non-Departmental 200,000
111 000 Departments $ 58,000
111 402 City Clerk 25,000
128 619 Park Development 50,000
THAT account titles and numbers requiring adjustments by this Resolution are as follows:
Source of
Increase (Decrease) in Appropriations Use of Funds Funds
111 462 0 0140 01 Fire Overtime $ 400,000
111 0 000 0 0173 o I Group Insurance (58,000)
111 427 0 0179 01 Unemployment Insurance 200,000
111 000 0 0175 01 PERS
111 402 0 2478 01 Election Expense 25,000
128 619 0 4716 01 Park Projects/Studies 50,000
Increase (Decrease) in Revenue
III 427 2 1300 01 Sales Tax $ (750,000)
111 427 2 1101 01 Property Tax (380,000)
111 427 2 1400 01 TOT (500,000)
111 427 5 5006 01 TOT Transfer 250,000
111 427 2 1700 01 Business License (53,000)
111 427 2 1800 01 Property Tax Transfer (131,000)
111 427 2 1501 01 Franchise Fees (38,000)
111 502 8 1250 01 Land Development Fees (205,000)
111 434 8 1110 01 Planning Permits (50,000)
111 502 8 1110 01 Planning Permits (45,000)
111 620 8 7910 03 Rec. Camp Trips (15,000)
111 620 8 7910 05 Rec Daycare Summer (25,000)
111 427 7 1570 01 Late Payment (35,000)
111 427 9 9110 01 Investment Income (200,000)
111 427 7 1570 01 Late Payment Penalties (275,000)
125 337 5 5073 o I Library Equipment Fund (410,060)
Beginning Balance Increase (Decrease)
III 427 01 0001 01 Beginning Balance $ (3,019,000)
128 619 01 0001 02 Beginning Balance (50,000)
125 337 01 0001 03 Beginning Balance (410,060)
(2,862,060) (2,862,060)
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16th AMENDMENT TO CITY BUDGET RESOLUTION NO. 2009-61
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THAT Budget Resolution No. 2009-61 be and is hereby amended as follows (continued): .
For the Fiscal Year 2010-11
Fund Division Description Increase Decrease
111 462 Fire $ 414,000 $
III 427 Non-Departmental 270,000
III 000 Departments 670,000 $ 120,000
111 402 City Clerk
128 619 Park Development 50,000
Source of
Increase (Decrease) in Appropriations Use of Funds Funds
11\ 462 0 0140 01 Fire Overtime $ 414,000
11\ 0 000 0 0173 o I Group Insurance (120,000)
1\1 427 0 0179 01 Unemploymeot Insurance 270,000
III 000 0 0175 01 PERS 670,000
11\ 402 0 2478 01 Election Expense
128 619 0 4716 01 Park Projects/Studies 50,000
Increase (Decrease) in Revenue
11\ 427 2 1300 01 Sales Tax $ (995,000)
11\ 427 2 1101 01 Property Tax (1,350,000)
1\1 427 2 1400 01 TOT (520,000)
11\ 427 5 5006 01 TOT Transfer 260,000
11\ 427 2 1700 o I Business License (55,120)
1\1 427 2 1800 o I Property Tax Transfer (136,240)
1\1 427 2 1501 01 Franchise Fees (39,520)
11\ 502 8 1250 01 Land Developmeot Fees (213,200)
11\ 434 8 1110 0 I Planning Permits (52,000)
1\1 502 8 1110 0 I Planning Permits (46,800)
1\1 620 8 7910 03 Rec. Camp Trips (\5,600)
11\ 620 8 7910 05 Rec Daycare Summer (26,000)
1\1 427 7 1570 01 Late Paymeot (36,400)
11\ 427 9 91\0 01 Investmentlncome (215,000)
11\ 427 7 1570 01 Late Paymeot Penalties (283,250)
Beginning Balance Increase (Decrease)
1\1 427 01 0001 01 Beginning Balance $ (4,958,130)
128 619 01 0001 02 Beginning Balance (50,000)
(3,724,130) (3,724,130)
THAT the purpose is to appropriate $617,000 in fiscal year 2009-10 and $1,284,000 in fiscal year 2010-11 to
reflect mid-year adjustments.
16th AMENDMENT TO CI1Y BUDGET RESOLUTION NO. 2009-61
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I HEREBY CERTIFY that the foregoing Resolution was introduced and read at a regular meeting of the City
Council of the City of Redding on the 16th day of February, 2010, and was duly adopted at said meeting by the
following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
COUNCIL MEMBERS: Bosetti, Dickerson, McArthur, Stegall, and Jones
COUNCIL MEMBERS: None
COUNCIL MEMBERS: None
COUNCIL MEMBERS: None
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Approved as to Form:
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16th AMENDMENT TO. CITY BUDGET RESo.LUTIo.N NO. 1009-61
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