HomeMy WebLinkAboutA200 FY13 Budget (Finance)CITY OF NATIONAL CITY, CALIFORNIA
COUNCIL AGENDA STATEMENT
MEETING DATE: July 2, 2013
AGENDA ITEM NO.
ITEM TITLE:
Resolution of the City Council of the City of National City authorizing a Fiscal Year 2013 budget adjustment by
ratifying the establishment of a General Fund revenue budget of $2,711,363.80 and an increase of
$2,711,363.80 to the Capital Improvement Program appropriation to account for funds received from the
Successor Agency to the Community Development Commission as the National City Redevelopment Agency
(Successor Agency") for the City of National City to carry out obligations of Recognized Obligation Payment
Schedule lil.
PREPARED BY: Mark Roberts DEPARTMENT: Fina ce
PHONE: 619-336-4265 APPROVED BY: 4.4E7111Q1----
EXPLANATION:
On June 26, 2013, a General Fund Fiscal Year 2013 revenue budget was established and the General
Fund Capital Improvement Program appropriation was increased to account for a June 26, 2013
payment of $2,711,363.80 received from the Successor Agency for the City of National City to carry out
obligations of Recognized Obligation Payment Schedule III. Since the appropriation of the General
Fund has been increased, staff seeks ratification of this action by City Council.
FINANCIAL STATEMENT:
ACCOUNT NO.
001-00000-3656
001-409-500-598-0000
APPROVED:y - Fi anFi nce
APPROVED: MIS
ENVIRONMENTAL REVIEW:
This is not a project and, therefore, not subject to environmental review.
ORDINANCE: INTRODUCTION:
FINAL ADOPTION:
STAFF RECOMMENDATION:
Adopt the Resolution.
BOARD 1 COMMISSION RECOMMENDATION:
ATTACHMENTS:
1. Resolution