HomeMy WebLinkAboutCC RESO 2011-38RESOLUTION 2011 — 38
RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF NATIONAL CITY
APPROVING AND ADOPTING
THE FY 2010-2011 MID -YEAR BUDGET CHANGES
WHEREAS, on June 22, 2010, the City Council of the City of National City
("CDC") adopted Resolution No. 2010-144 adopting the budget for FY 2010-2011 that was
modeled on the FY 2009-2010 budget with minor modifications; and
WHEREAS, as part of the mid -year review process, the Finance Department
reviewed the first six months for actual revenue and expenditures, and projected the last six
months of the fiscal year; and
WHEREAS, the mid -year budget review was presented to the City Council and
members of the public on February 5, 2011; and
WHEREAS, the General Fund is on target with the original budget and there are
no significant changes recommended; 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 City Council 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 15th day of February ' 11.
n Morrison, Mayor
ATTEST:
Mich el R. Dalla, y Clerk
PROVED AS TO FORM:
'3
City Attorn-
FY 2010-2011 MID -YEAR BUDGET CHANGES
Account
Account Title
Adopted Adjusted Adjustment
Budget Budget Amount
Description
001-00000-3011
001-00000-3012
001-00000-3016
001-00000-3300
001-00000-3636
001-00000-3999
001-00000-3999
001-45137-3201
001-409-000-099-0000
001-445-137-292-0000
001-445-137-299-0000
125-00000-3300
130-412-125-299-0000
166-441-429-100-0000
212-00000-3999
212-409-000-199-0000
259-431-000-470-0000
302-00000-3999
Property Tax In Lieu of Sales Tax
Property Tax In Lieu of VLF
AB1290 Property Tax Pass Through Pmt
Investment Earnings
Refunds & Reimbursements
Transfer in from Unemployment Reserve
Transfer in from General Accounting
Services
Parking Citations
Transfer to Personnel Comp Fund
Parking Penalty - SD County
Contract Services -Data Ticket
Investment earnings
Contract Services
Part time salaries
Transfer -in from the General Fund
Personnel Compensation
Principal -Library GO Bond
Transfer -in from Tax Increment Fund
502-445-462-435-0000 Housing Asst Payments
502-445-462-602-0000 Housing Asst Payments
506-412-269-470-0000 Principal -HUD 108 Loan
511-409-000-099-0000 Transfer out to CDC Payment Fund
626-422-223-234-0000 Gas & Electricity
626-422-223-480-0000 Bond Interest - Honeywell
627-403-081-432-0000 Liability Claims Cost
627-403-081-433-0000 Workers Comp Cost
629-409-000-099-0000 Information Systems Maintenance
630-409-000-099-0000 Office Equipment Depreciation
632-409-000-099-0000 General Accounting Services
633-409-000-099-0000 Unemployment Reserve Fund
3,058,750 3,024,676
4,643,529 4,927,932
705,538 385,538
520,000 263,000
2,500 140,000
200,000 197,347
200,000 202,653
265,600 405,600
356,900 756,900
65,000 180,000
0 50,000
0 93,800
120,000 195,000
154,128 103,012
0 400,000
356,900 756,900
0 165,000
0 125,567
8,220,000 0
0 8,220,000
225,000 245,000
666,667 792,234
565,398 700,000
21,721 108,261
160,000 223,000
1,290,000 1,524,000
0 525,000
900,000 375,000
200,000 202,653
200,000 197,347
(34,074) Based on actuals
284,403 Based on actuals
CDC contribution was appropriated at 001-
(320,000) 00000-3455 and also this line item
Reduction due to interest allocation to the
(257,000) sewer fund and very low investment returns
One time reimbursements from prior years'
137,500 deposits
Operating transfer to the General Fund must
(2,653) be reduced due to insuffient Fund Balance
Increase operating transfer to the General
Fund to cover insufficient Fund Balance of the
2,653 Unemployment Reserve Fund
Increased estimate based on ytd actual
140,000 receipts
400,000
115,000
50,000
For leave sellbacks
Due to increased citations issued
Was not appropriated in the budget
93,800 Interest allocation from General Fund
Increase appropriation to include Heartland
75,000 Dispatching
(51 ,116) Part time salaries was overbudgeted.
400,000 For leave sellbacks
400,000 Projection based on actual cost
165,000 Was not appropriated in the budget
125,567 To pay for prior year CDC reimbursements
(8,220,000) To correct appropriation
8,220,000 To correct appropriation
20,000 Based on debt service schedule
To pay for prior year CDC costs & close out
125,567 fund 302
To increase appropriations for Gas &
134,602 Electricity
To appropriate interest payments per Debt
Service Schedule. Funding provided by City
National Bank - no cost to the Ctiy of National
86,540 City
63,000 Increase liability reserves per actuarial report
Increase w/c liability reserves per actuarial
234,000 report
Projected Insufficient Fund Balance to cover
525,000 operating transfer to the General Fund
Estimated Fund Balance is sufficient to cover
(525,000) operating transfer to the General Fund
2,653 Increase transfer to the General Fund
(2,653) Reduce transfer and close out fund
Exhibit A
Passed and adopted by the Council of the City of National City, California, on February
15, 2011 by the following vote, to -wit:
Ayes: Councilmembers Morrison, Natividad, Rios, Sotelo-Solis, Zarate.
Nays: None.
Absent: None.
Abstain: None.
AUTHENTICATED BY: RON MORRISON
Mayor of the City of National City, California
l
City CI k of the CityOf ational City, California
By:
Deputy
I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of
RESOLUTION NO. 2011-38 of the City of National City, California, passed and adopted
by the Council of said City on February 15, 2011.
City Clerk of the City of National City, California
By:
Deputy