HomeMy WebLinkAbout2010 CC RESO 2010-24 CDC FY2010 Mid-Year Budget ChangesRESOLUTION NO. 2010 — 24
RESOLUTION OF THE COMMUNITY DEVELOPMENT
COMMISSION OF THE CITY OF NATIONAL CITY
APPROVING AND ADOPTING THE FY 2009-2010
MID -YEAR BUDGET CHANGES
WHEREAS, on June 16, 2009, the Community Development Commission of the
City of National City ("CDC") adopted a budget for FY 2009-2010 that was modeled on the FY
2008-2009 budget with minor modifications; and
WHEREAS, due to changes in the economy, operating needs, laws, and
regulations, adjustments to revenue and expenditure budgets would be made at mid -year
review; and
WHEREAS, the Finance Director and Financial Services Officer met with CDC
departments, discussed financial projections and departmental budgetary needs, and forwarded
recommendations to the City Manager; and
WHEREAS, the City Manager has recommended approval of the mid -year
budget changes as summarized in the attached Exhibit "A".
NOW, THEREFORE, BE IT RESOLVED that the Community Development
Commission of the City of National City hereby approves and adopts the FY 2009-2010 mid-
year budget changes, attached hereto as Exhibit "A'.
PASSED and ADOPTED this 16th day of Febru
ATTEST:
Br.. Raujstofi, Secretary
APPROVED AS TO FORM:
George H. Eiser, Ill
City Attorney
1
0.
on Morrison, Chairman
COMMUNITY DEVELOPMENT COMMISSION
MID -YEAR BUDGET CHANGES
FY 2009-2010
Account
Increase(
(Decrease)
Description
REVENUE
261-TIF Debt Service Fund
261-00000-3011
Total TIF Debt Service Fund (950,127.00)
(950,127.00) Tax increment revenue
522- 20% Low Mod Fund
522-03000-3004
Total 20% Low Mod Fund
EXPENDITURE
261-TIF Debt Service Fund
261-445-000-210-0000
Total TIF Debt Service Fund
(237,532 00) Tax increment revenue
(237,532.00)
5,158,424.00 FY 09-10 SERAF Takeaway
5,158,424.00
511 - Tax Increment Fund
511 404-045-258-0000 (4,500 00)
511-409-000-213-0000 (139,000 00)
511-409-000-222-0000 (1,530 00)
511-409-000-226-0000 (10,000.00)
511-409-000-230-0000 (500 00)
511-409-000-258-0000 (2,500.00)
511-409-000-299-0000 (35,000 00)
511-445-460-244-0000 (1,000 00)
511-445-460-260-0000 (24,500.00)
511-445-460-268-0000 (25,500 00)
511-445-460-299-0000 (52,136.00)
511-445-460-399-0000 (1,000.00)
511-445-462-288-0000 (26,932.00)
511-445-462-510-0000 (31,204.00)
511 445 467-100-0000 (87,300 00)
511-445-468-213-0000 (61,410.00)
511-445•468-213-3/52 (25,000 00)
511-445-468-226-0000 (1,300.00)
511-445-468-291-0000 (50,000.00)
511-445-468-299-0000 86,000 00
511-445 468 304 0000 (1,000 00)
511-445-468-318-0000 (1,003 00)
511.445-468-399-0000 (1,503 00)
511-409-500-598-3005 (10,000.00)
511-409.500-598-3018 (762 00)
511-409-500-598-3100 (55,01000)
511-409-500-598-3219 (23,443 00)
511-409-500-598-3731 (17.755 00)
511-409-500-598-3743 (164,491 00)
511-409-500-598-3755 (250,000 00)
511-409-500-598-3809 (14,640.00)
511-409-500-598-3816 (27,047 00)
511-409-500-598-3821 (44,332 00)
511-409-500-598-3842 (1,000,000 00)
511-409-500 598.3844 (3,755 00)
511-409-500-598-3848 (500 00)
511-409-500-598-3851 (4,145 00)
511 409 500•598-3918 (300,000 00)
511-409-500-598-3937 (250,000 00)
511-409-500-598-3938 (250,000 00)
511 409-500 598 3941 (250,000 00)
511-409-500-598-6'.57 (3,172 00)
Reduction to balance SERAF
Reduction to balance SERAF
Reduction to balance SERAF
Reduction to balance SERAF
Reduction to balance SERAF
Reduction to balance SERAF
Reduction to balance SERAF
Reduction to balance SERAF
Reduction to balance SERAF
Reduction to balance SERAF
Reduction to balance SERAF
Reduction to balance SERAF
Reduction to balance SERAF
Reduction to balance SERAF
Reduction to balance SERAF
Reducton to balance SERAF
Reduction to balance SERAF
Reducton to balance SERAF
Reduction to balance SERAF
Additional Funding for SDREZ
Reduction to balance SERAF
Reduction to balance SERAF
Reduction to balance SERAF
Kimball House
922 W 23rd St (Old Train Depot)
2501 Cleveland Avenue
The Cove (ARE I ioldings)
Foodland Facade Program
Port JPA
8th Street Storefront Renovation
/23 W 23rd (Ace Metals Site)
Aquatic Center
Bay Marna Drive Wioening
Marina Gateway
BNSF-I lame Depot
Marina Gateway Project
Granger Music Hall
8th Streeet Streetscape Improvements
Arts Center Phase II
Westside Implementation
Harbor Drive Implementation
H ghland Avenue Resurfacing Phase I
Exhibit - A
Total Tax Increment Fund (3,166,865.00)
Passed and adopted by the Community Development Commission of the City of
National City, California, on February 16, 2010, by the following vote, to -wit:
Ayes: Commissioners Morrison, Parra, Sotelo-Solis, Van Deventer, Zarate.
Nays: None.
Absent: None.
Abstain: None.
AUTHENTICATED BY: RON MORRISON
Chairman, Community Development Commission
Secretary, • mu •evelopment Commission
By:
Deputy
I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of
RESOLUTION NO. 2010-24 of the Community Development Commission of the City of
National City, California, passed and adopted on February 16, 2010.
Secretary, Community Development Commission
By:
Deputy