HomeMy Public PortalAbout11) 7H Fiscal Year 2015-16 City Budget - Second Quarter Budget AmendmentAGENDA
ITEM 7 .H.
ADMINISTRATIVE SERVICES DEPARTMENT
MEMORANDUM
DATE : January 19, 2016
TO : The Honorabl e City Council
FROM: Bryan Cook , City Manager
Via: Tracey L. Hause , Administrative Services Director
By : Lee Ma , Accountant
SUBJECT: FISCAL YEAR (FY) 2015-16 CITY BUDGET -SECOND QUARTER
BUDGET AMENDMENTS
RECOMMENDATION:
The City Council is requested to authorize staff to revise various budgeted appropriations
for the FY 2015-16 City Budget as indicated in Attachment "A" to ensure actual spending
levels are within budgeted appropriations during the cur rent f iscal year.
BACKGROUND:
1. On June 16 , 2015, the City Council approved the FY 2015-16 City Budget.
2 . On September 15 , 2015 , the City Council approved the follow ing budget
amendments : $9 ,000 for additional cost sharing for the Rio Honda Channel
Co llaborative Load Reduction Strategy ; and a tota l of $37 ,000 for both traffic calmi ng
measures for th e Encinita Avenue (between Las Tunas Drive and Broadway
Avenue) and for th e Arden Drive (between Daines Drive and Lower Azusa Road ).
3 . On November 3, 2015 , the City Council approved first quarter budget amendments
in the amount of $20 ,000 for the Recreation Fees Ac count for Estimated Revenues;
$40 ,300 from th e General Fund Appropri atio ns for various accounts and $90 ,000
from the Proposition A Appropriation for Bus She lter Account.
4 . On November 17 , 2015 , the City Council approved General Fund Appropriat ions in
the amount of $8 ,000 to implement a pilot traffic circulation program at Longden
Elementary School and added an additional $13 ,000 to the contract with San Gabriel
Vall ey Humane Society .
City Council
January 19 , 2016
Page 2 of 2
ANALYSIS:
Throughout the fiscal year, staff monitors revenues and expenditures and makes
recommendations for revised revenue estimates and adjustments to appropriations
quarterly . For the second quarter budget amendments, staff is recommending revenue
and appropriation adjustments in Attachment "A " be made at this time to ensure actual
spending levels in individual line items are within budgeted appropriations as of
December 31 , 2015 .
CITY STRATEGIC GOAL:
Approval of th e adjustme nts at the close of th e se cond quarter of FY 2015-16 will further
City's Strategic Goal to promote Good Governan ce.
FISCAL IMPACT:
This item has an impact on the FY 2015-16 City Budget. If the City Council approves the
recommended adjustments , an additional $10 ,000 will be added to the General Fund
Estimated Revenues : $59 ,605 appropriations , $2 ,1 00 re-appropriations from the General
Fund , and $351,735 Bicycle Transportation Grant for the Bicycle Master Plan
Implementation will be made . Also, an additional revenue and appropriation in the
amount of $30 ,000 from Proposition A Fund for the increase of bus cost and enrollment,
and $27 ,000 for the estimated revenues and appropriations in the Community
Development Block Grant (CDBG) Fund for housing rehabilitation loan repayment will be
recorded .
ATTACHMENT:
A. FY 20 15-16 Second Quarter Revenue and Appropriation Adjustments
Revenue Description
Other Reimbursement
Prop A Transportation
Loan Repayment
Total Revenue Adjustment
De pa rtment/Proga m
City Manager
Private/Special Contract Services
General Government Buildings
Telephone
Purchasi ng
Office Equipment Maintenance
Publ ic Tran sportation
Recreation Transit
Administrative and Engineering
Private/Special Contract Services
Sidewalk Mamtenance
Contract Services -Public
Housing
CDBG Repayment
Capi tal Improvement Project
Improvements
Improvements
Total Appropriation Adjus t ments
Account Number
01-870-38-3815
15-830-34 -3406
27-870-38-3823
CITY OF TEMPLE CITY
FY 2015-16 SECOND QUARTER REVENUE ADJUSTMENTS
Orginal Budget Proposed Revised Budget
Amount Adjustments Amount
100,000 10,0 00 110,000
630,000 30,000 660,000
0 27 ,000 27,000
730,000 67,000 797,000
CITY OF TEMPLE CITY
ATIACHMENT "A"
Explanation
Additional revenue from AT&T renewal contract
Add itional funding from MTA for bus cost and enrollment
CDBG housing loan repayment -principal
FY 2015-16 SECOND QUARTER APPROPRIATION ADJUSTMENTS
Account Number
01 -910-42-4231
01-970-81-4440
01-920-49-4520
15-940-58-4275
21 -960-71-4231
21 -960-76-4216
27-930-55-4950
60-980-59-4810 (P15-04)
60-980-75 -4810 (Pl3-12)
Orginal Budget
Amount
220,555
12,500
28,000
35,000
0
35,000
0
0
128,250
459,305
Prop o sed
Adjustment s
45,000
-11,000
11,000
30,000
1,265
13,340
27,000
l ,100
351,735
470,440
Page 1 of 1
Revised Budget
Amount
265,555
1,500
39,000
65,000
1,265
48,340
27 ,000
2,100
479,985
929,745
Explanation
Funding for public outreach services
Reappropriate fund1ng for phone and internet services
Reappropriate funding for phone and internet services
Increase bus cost and enrollment
Follow up work done for the Rosemead Blvd Project
Cost greater than antic1pated budget due to additional repairs
CDBG housing loan repayment
Reappropriate fund1ng for Live O:~k Park and Temrl" (ity Park
Master Plan Development
BTA Grant for the Bicycle Master Plan Implementation