HomeMy WebLinkAboutResolutionRESOLUTION NO. 2013 —
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 —
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, 2013.
ATTEST:
Michael R. Dalla, City Clerk
APPROVED AS TO FORM:
Claudia Gacitua Silva
City Attorney
Ron Morrison, Mayor