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HomeMy WebLinkAboutReso 17-2001RESOLUTION NO. 17-2001 CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION APPROVING VARIOUS REVENUE AND EXPENDITURE CHANGES AS SHOWN IN EXHIBIT A OF THE 2000-01 MIDYEAR FINANCIAL REPORT AND THE ACCEPTANCE OF A ONE-TIME GRANT FROM THE AREA AGENCY ON AGING IN THE AMOUNT OF $13,811 AND APPROVING AN AMENDMENT TO THE 2000-2001 OPERATING BUDGET (01-26) WHEREAS, staff recommends the approval of the various revenue and expenditure changes as shown in Exhibit A of the Midyear Financial Review, attached hereto and incorporated herein as Exhibit A; and WHEREAS, staff recommends the acceptance a one-time grant from the Area Agency of Aging in the amount of $13,811 for the purpose of a Nutrition Pilot Project. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of South San Francisco that the City Council hereby approves the various revenue and expenditure changes as shown in Exhibit A of the Midyear Financial Review and the acceptance of a one-time grant from the Area Agency on Aging in the amount of $13,811 and approving an amendment to the 2000-200t Operating budget (01-26) I hereby certify that the foregoing Resolution was regularly introduced and adopted by the City Council of the City of South San Francisco at a Regular meeting held on the 28th day of February AYES: NOES: ABSTAIN: ABSENT: ,2001 by the following vote: Councilmembers Pedro Gonzalez, Karyl Matsumoto and John R. Penna, Mayor and Mayor Joseph A. Fernekes None. None. Mayor Pro Tem Mullin F:\file cabi nct\Rcso's\midyear.res.doc ATTEST: City Clerk Exhibit A Midyear Financial Report, FY 2000-01 Summary of Budget Amendment Items General Fund: Revenue Items Property Taxes Sales Tax TOT Parking Tax One Time State funds (AB 1396) Area Agency on Aging Nutrition Grant Lease Purchase Revenue $190,000 $750,000 $45O,000 -$100,000 $182,000 $13,811 -$283,858 Subtotal, General Fund Revenue: Expenditure Items: City Attorney's Office : Litigation Budget (funds budgeted last year lapsed at year end) HRD Additional Recruitments and advertising Boards and Commission Recognition Organization Development Consulting Fire Department Salary increase was higher than budgeted, (4% budgeted, 10% given based on salary survey): Elimination of lease purchase for capital items Police Department Salary increase budgeted was 4%. Negotiated increase was 6%. Elimination of lease purchase for capital items Library Elimination of lease purchase for capital items Recreation Salary and Benefits for new positions entered incorrectly in last year's budget for Childcare and Sports programs $131,150 $19,000 $3,000 $27,000 $400,000 -$50,500 $150,000 -$4,550 -$3,35O $46,000 $1,201,953 Exhibit A Midyear Financial Report, FY 2000-01 Summary of Budget Amendment Items Grant funded expenses on Aging Elimination of lease purchase for capital items Subtotal, General Fund Operating Budget: General Fund Transfers to CIP Fund For Forbes Ave. Rehabilitation, see below Subtotal, General Fund CIP Transfers: Capital Improvement Fund General Fund CIP: Shift fu.nding for Forbes Ave. Rehabilitation from General Fund to leftover 1986 Gateway Assessment District Bond Funds. $300,000 can be shifted to the Assessment Bonds. No net project increase is being made. Gas Tax/Measure A CIP: a) Re-fund Grand/Dubuque Intersection CIP w/Measure A funds b) Re-fund Street Resurfacing CIP w/Gas Tax Funds Both projects (a & b) partially closed at year end to balance Gas Tax and measure A funds available at year end $13,811 -$7,650 -$300,000 $27,000 $451,000 RDA Funded ClP: Reduction in Art Rise CIP, funded by Downtown RDA RDA Funds Additional Tax Increment: Gateway Shearwater El Camino Low Mod Housing Subtotal, Tax Increment: Expenditure Items: -$150,000 $700,000 $450,000 $280,000 $357,500 $723,911 -$300,000 $0 $1,787,500 Exhibit A Midyear Financial Report, FY 2000-01 Summary of Budget Amendment Items Gateway expenditures for childcare center Increase in mandated Gateway debt service payments Decrease in Transfers to CIP Fund for Art Rise CIP (see above) Decrease in traffic and other consultant studies in El Camino RDA Subtotal, RDA expenditures: -$900,000 $1,783,826 -$150,000 -$87,000 $646,826