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HomeMy WebLinkAboutCC RESO 2013-33RESOLUTION NO. 2013 — 33 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY AUTHORIZING MID -YEAR BUDGET ADJUSTMENTS BY APPROVING THE DESIGNATION OF THE GENERAL FUND CONTINGENCY RESERVE, ESTABLISHING A SELF -REPLENISHING ENVIRONMENTAL MONITORING ACCOUNT, RATIFYING ACTIONS RELATED TO THE APPROPRIATION OF FUNDS FOR THE NATIONAL CITY 125TH ANNIVERSARY CELEBRATION, AND ACCEPTING SAN DIEGO COUNTY LAW ENFORCEMENT FOUNDATION GRANT FUNDS WHEREAS, at the February 19, 2013 City Council meeting, Finance staff presented a Mid -year Budget Review based upon staffs analysis of revenue and expenditure data for the first half of the 2013 Fiscal Year, as well as an analysis of the City's audited financial statements; and WHEREAS, based upon said analysis, staff recommends the following actions: 1. Designate $9,085,066 of unassigned fund balance as the City Contingency Reserve as of June 30, 2012; 2. Establish a $19,999 appropriation in the Underground Tank Monitoring account of the Engineering Division for environmental compliance expenses; 3. Ratify an appropriation of $15,000 for National City's 125th Anniversary Celebration; 4. Ratify the acceptance of a $25,000 donation from San Unified Port District for the 125th Anniversary Celebration, including the appropriation of the funds and the corresponding revenue budget addition; 5. Ratify an appropriation of $3,380 and the corresponding revenue budget addition for the purchase of two (2) High Gear Suits funded by a San Diego Law Enforcement Foundation grant; and WHEREAS, the Contingency Reserve recommendation is based upon Council's policy that bases the reserve upon the City's General Fund unassigned fund balance. The total, $9,085,066, is derived from the June 30, 2012 unassigned fund balance of $10,708,984, adjusted downward by $712,337 for encumbrances, and $911,581 received by the City as a taxing entity from the true -up payment of the Successor Agency to the Community Development Commission as the National City Redevelopment Agency ("Successor Agency"), but held pending the outcome of litigation regarding the true -up payment; and WHEREAS, the recommended appropriation of $19,999 for underground storage tank monitoring is the amount agreed upon the by City and the San Diego County Department of Environmental Health for a self -replenishing account for "environmental compliance" expenses; and WHEREAS, on July 23, 2012, an appropriation of $15,000 was established within the General Fund for National City's 125th Anniversary Celebration. As a supplemental appropriation to the adopted Fiscal Year 2012-2013 budget, this expense should be ratified by the City Council, in accordance with City Council Policy No. 201; and Resolution No. 2013 — 33 Page Two WHEREAS, on August 23, 2012, the City received a donation of $25,000 from the San Diego Unified Port District for National City's 125th Anniversary Celebration. In accordance with City Council Policy No. 204, the acceptance of this donation and the corresponding appropriation must be ratified by the City Council; and WHEREAS, on November 13, 2012, an appropriation of $3,380 was established within the General Fund for the purchase of two (2) High Gear Suits by the Police Department with a San Diego County Law Enforcement Foundation grant. This appropriation and the corresponding revenue budget addition should be ratified by the City Council; and NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of National City hereby authorizes the Mid -Year Budget adjustments as outlined above. PASSED and ADOPTED this 5th day of March, 2 n Morrison, Mayor ATTEST: vejail A Mich el R. Della, City Clerk 'P'OVED AS TO FORM: • is ' ua Silva ty Att. Passed and adopted by the Council of the City of National City, California, on March 5, 2013 by the following vote, to -wit: Ayes: Councilmembers Cano, Morrison, Natividad, Rios, Sotelo-Solis. Nays: None. Absent: None. Abstain: None. AUTHENTICATED BY: RON MORRISON Mayor of the City of National City, California it tixelf City Clerk of the City of National City, California By: Deputy I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of RESOLUTION NO. 2013-33 of the City of National City, California, passed and adopted by the Council of said City on March 5, 2013. City Clerk of the City of National City, California By: Deputy