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HomeMy WebLinkAboutCouncil Agenda StatementCITY OF NATIONAL CITY, CALIFORNIA COUNCIL AGENDA STATEMENT MEETING DATE: April 2, 2013 AGENDA ITEM NO. ITEM TITLE: Resolution of the City Council of the City of National City authorizing budget adjustments by approving increases of the Liability Insurance Fund revenue budget and Liability Claim Cost appropriation and establishment of a General Fund POST revenue budget and appropriation for Police Department POST Training, Travel, & Subsistence, and ratifying increases of the General Fund Donation revenue budget and Independence Day Fireworks appropriation in relation to a donation accepted from the Sycuan Band of the Kumeyaay Nation. PREPARED BY: Mark Roberts, Director of Finance DEPARTMENT: Fina ce PHONE: 619-336-4265 APPROVED BY: .',,oL.o..- EKPLANATION: Revenue budget and appropriation increases of $123,483.59 are required to account for funds received by the Liability Insurance Fund from the Sewer Service Fund to compensate for a sewer maintenance - related liability claim paid from the Liability Insurance Fund. A $48,100 appropriation for Police Department POST Training, Travel, & Subsistence and corresponding General Fund POST revenue budget are required, due to the close-out of the POST Fund (Fund 111) and transfer of its fund balance to the General Fund. In accordance with City Council's Fiscal Year 2012-2013 budget resolution, the establishment of these appropriations and revenue budgets must be approved by City Council. On July 2, 2012 the City received a donation of $3,000 from the Sycuan Band of the Kumeyaay Nation for Independence Day Fireworks. In accordance with City Council's Fiscal Year 2012-2013 budget resolution, the appropriation of these funds and the corresponding revenue budget addition must be ratified by City Council. FINANCIAL STATEMENT: ACCOUNT NO. See attached. APPROVED: APPROVED; ENVIRONMENTAL REVIEW: This is not a project and, therefore, not subject to environmental review. ORDINANCE: INTRODUCTION: STAFF RECOMMENDATION: Adopt the Resolution. FINAL ADOPTION: FI nance MIS BOARD / COMMISSION RECOMMENDATION: NA ATTACHMENTS: 1. RESOLUTION NO. 2012 —137 (Fiscal Year 2012-2013 Budget Resolution) 2. Resolution