HomeMy WebLinkAboutCity Budget changesFY 2010-2011 MID -YEAR BUDGET CHANGES
Account
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
Account Title
Property Tax In Lieu of Sales Tax
Property Tax In Lieu of VLF
Adjusted Adjustment Adopted
Budget Budget Amount Description
3,058,750 3,024,676
4,643,529 4,927,932
AB1290 Property Tax Pass Through Pmt 705,538
Investment Earnings
Refunds & Reimbursements
(34,074) Based on actuals
284,403 eased an actuals
CDC contribution was appropriated at 001-
385,538 (320,000) 00000-3455 and also this line item
Reduction due to interest allocation to the
520,000 263,000 (257,000) sewer fund and very low investment returns
One time reimbursements from prior years'
2,500 140,000 137,500 deposits
Transfer in from Unemployment Reserve 200,000 197,347
Transfer in from General Accounting
Services
Parking Citations
Transfer to Personnel Comp Fund
Parking Penalty - SD County
Contract Services -Data Ticket
Investment earnings
130-412-125-299-0000 Contract Services
166-441-429-100-0000 Part time salaries
212-00000-3999 Transfer -in from the General Fund
212-409-000-199-0000 Personnel Compensation
259-431-000-470-0000 Principal -Library GO Bond
302-00000-3999 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
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
200,000 202,653 2,653 Unemployment Reserve Fund
Increased estimate based on yld actual
265,600 405,600 140,000 receipts
356,900 756,900
65,000 180,000
0 50,000
400,000 For leave sellbacks
115,000 Due to increased citations issued
50,000 Was not appropriated in the budget
O 93,800 93,800 Interest allocation from General Fund
Increase appropriation to include Heartland
120,000 195,000 75,000 Dispatching
154,128 103,012 (51,116) Part time salaries was overbudgeted
O 400,000 400,000 For leave sellbacks
356,900 756,900 400,000 Projection based on actual cost
0 165,000 165,000 Was not appropriated in the budget
O 125,567 125,567 To pay for prior year CDC reimbursements
8,220,000
0 (8,220,000) To correct appropriation
O 8,220,000 8,220,000 To correct appropriation
225,000 245,000 20,000 Based on debt service schedule
To pay for prior year CDC costs & close out
666,667 792,234 125,567 fund 302
To increase appropriations for Gas &
565,398 700,000 134,602 Electricity
To appropriate interest payments per Debt
Service Schedule. Funding provided by City
National Bank - no cost to the Ctiy of National
21,721 108,261 86,540 City
160,000 223,000 63,000 Increase liability reserves per actuarial report
Increase w/c liability reserves per actuarial
1,290,000 1,524,000 234,000 report
Projected Insufficient Fund Balance to cover
0 525,000 525,000 operating transfer to the General Fund
Estimated Fund Balance is sufficient to cover
900,000 375,000 (525,000) operating transfer to the General Fund
200,000 202,653 2,653 Increase transfer to the General Fund
200,000 197,347 (2,653) Reduce transfer and close out fund