HomeMy Public PortalAbout06)7E FY 2016-17 City Budget - Second Quarter Budget AmendementsAGENDA
ITEM ?.E .
ADMINISTRATIVE SERVICES DEPARTMENT
MEMORANDUM
DATE: January 17, 2017
TO: The Honorable City Council
FROM: Bryan Cook , City Manager
Via : Tracey L. Hause , Administrative Services Director
By : Lee Ma , Acco untant
SUBJECT: FISCAL YEAR (FY) 2016-17 CITY BUDGET -SECOND QUARTER
BUDGET AMENDMENTS
RECOMMENDATION:
The City Council is requested to authorize staff to revise various budgeted appropriations
for the FY 2016-17 City Budget as indicated in Attachment "A " to ensure actual spending
level s are w ithin budgeted appropriations during the current fis c al year .
BACKGROUND:
1. On June 21 , 2016 , the City Council approved the FY 2016-17 City Budget.
2 . On July 5 , 2016 , the C ity Council re-a p prop ri ated th e re ma i n ing of the $50 ,000 of
from FY 2015-16 to FY 2016-17 for the workstation remodel in the Community
Development Department.
3 . On August 16, 2016 , the City Council approved an additional $77 ,500 for the Temple
City Veterans Memorial Project funded by the Park Acquisition Fund .
4. On November 15 , 2016 , the City Council approved the first quarter budget
amendments in the amounts of $32 ,200 in appropriations and $168 ,700 in re -
appropriations from the General Fund ; $14 ,000 in appropriations from the Gas Tax;
and $1 ,810 from the Lighting/Landscape District Fund .
ANALYSIS:
Throughout the fiscal year, staff mon itors revenues and expenditures and makes
recommendations for revised revenue estimates and adjustments to appropriations
quarterly, if necessary , and at mid-year. For the second quarte r budget amendments ,
City Council
January 17 , 2017
Page 2 of 2
staff is recommending the appropriation adjustments in Attachment "A " be made at th is
time to ensure actua l spending levels in individual line items are within budgeted
appropriations as of December 31 , 2016 .
CITY STRATEGIC GOAL:
Approvals of the adjustments at the close of the second q uarter of FY 2016-17 w il l further
City 's Strateg i c Goal to promote Good Governance .
FISCAL IMPACT:
This item has an impact on the FY 2016-17 City Budget. If the City Council approves the
recommended adjustments , additional appropriations of $95 ,000 and additional re-
appropriations of $45 ,500 from the General Fund unappropriated Fund Balance will be
made ; $162 ,350 re-appropriations from FY 2015-16 to FY 2016-17 for the Live Oak Park
Walking and Jogging Path Project ($1 00 ,000 from 51h District Excess Fund Grant, $41 ,850
from Park Acquisition Fund , and $20,500 from General Fund ); and $25 ,000 for the
estimated revenue and appropriation in the Community Deve lopment Block Grant
(CDBG ) Fund for housing rehab i litation loan repayment will be recorded .
ATTACHMENT:
A . FY 2016-17 Second Quarter Revenue and Appropriat ion Adj ustments
Department/Progam
Lo an Repayment
Tota l Revenue Adjustment
Department/Progam
City Manager
Private Contract Servi ces
Insurance/Benefits
PER S Portfol io Management Fees
W orker Com p/Ge nera l Liab
Bu i lding
Overtime
Parking Admin istration
Part Time
General Government Build ings
Overtime
Comm unity Preserva t ion
Part nme
General Government Buildings
Maintena nce & Repair
Co mmunity Prese rvation
Management Analyst
Housi ng
CDBG Repayment
Capi tal Improvement Project
Improvements
Tota l Appropriation Ad just ments
Ac cou nt Number
27 -870-38 -3823
CITY O F TEMPLE CITY
FY 2016-17 SECOND QUARTER REVENUE ADJUSTMENTS
Original Budget
Am ount
0
0
Proposed
Ad j u stments
25,000
25,000
Revised Budget
Amount
25,000
25,000
Explanation
CDBG housing l oan repayment -pri nci pa l
ATTACHMENT A
FY 2016-17 SECOND QUARTER APPROPRIATION ADJUS TMENTS
Acco unt Number
01 -910-42 -4231
01-940-47-4342
01-940-47 -4362
01 -930-54-4150
01-950-67 -4161
01-970-8 1-4150
01-950-65 -4161
01-970-81 -4510
01 -950-65-4173
27 -930-55-4950
60-980-59-4810 (P16 -01)
Original Budget
Amount
227,790
175,900
484,225
750
117,47$
14,000
36,675
26,200
64,295
0
150,000
1,297,310
Proposed
Adju stments
55,000
20,000
20 ,000
1,500
(1,500)
18,000
(18 ,000)
26,000
(26,000)
25 ,000
162,350
282,350
Page 1 of 1
Revis ed Budget
Amount
282 ,790
195,900
504 ,225
2,250
115,975
32,000
18,675
52 ,200
38,295
25,000
312,350
1,579,660
Explanation
Services related t o Primrose Properties
Additional pa rt time CaiPERS arrear cost
Increas e in pro p erty coverage premium
Reappropr iate fundi ng for staff over t i me for new software
Reappropriate funding for staff over time for new software
Reap propriate funding for staff to complete rearrangement of
offices in Citv Hall.
Reappropriate fund1ng for staff to complete rearrangement of
offices in Citv Ha ll.
Reapp r opriate funding f or City Hall remodeling cost
Reappropriate f unding for City Hall remod eling cost
CDBG housi ng loan repayment
Reappropr iate funding for Live Oak Park Walking and Jogging Path
f rom fiscal yea r 20 15-16