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HomeMy Public PortalAbout09) 7E FY 2017-18 First Quarter Budget AmendmentsAGENDA ITEM ?.E. ADMINISTRATIVE SERVICES DEPARTMENT MEMORANDUM DATE: November 21 , 2017 TO: The Hono rab le City Council FROM: Bryan Cook , City Manager Via : Tracey L. Hause , Administrative Services Director By: Lee Ma , Accountant SUBJECT: FISCAL YEAR (FY) 2017-18 CITY BUDGET -FIRST QUARTER BUDGET AMENDMENTS RECOMMENDATION: The City Council is requested to authorize staff to rev ise various budgeted appropriations for the FY 2017-18 City Budget as indicated in Attachment "A" to ensure actual spending levels are within budgeted appropriations during the current fisca l year. BACKGROUND : 1. On June 20 , 2017 , the City Council approved the FY 2017-18 City Budget. 2 . On August 1, 2017 , the City Council re-appropriated the total of $89 ,655 from FY 2 016-17 t o FY 2017-18 for the Primrose Tenant Reallocation and Assistance and related services in the City Manager's Department. 3 . On September 5 , 2017 , the City Council approved $25 ,000 contractua l first amendment with Gonzalez Goodale Architects for additional on-call architectural and urban des ign services . 4 . On September 19 , 2017, the City Council approved $1 ,500 for the Taking Back Our Community Coalition Membership funded by General Fund . The City Council also added t he Rosemead Boulevard Resurfacing as a new Capital Improvement Project and approved a budget amendment to allocated $105 ,143 from the Unreserved General Fund Balance for the required maintenance of effort and the $206,421 from the Road Maintenance and Rehabil itation Account (RMRA) Fund . City Council November 21 , 2017 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 , if necessary , and at mid-year. For the first quarter budget amendments , staff is recommending the appropriation adjustments in Attachment "A " as follows : • Special Department Supplies in the Parks Maintenance Facilities Program - Purchase of a new push lawn mower. • Special Equipment in the Emergency Service Program-Purchase and retrofit filter to the emergency backup generator for the AQMD requ irement. • Special Equipment Maintenance in Trees & Parkways Program -Repai r ch ipper truck box and replace lin ing . • Capital Improvement Project -Wall caps installation for the Templ e City Park Veterans Monument. • Housing Program -Record of homeowner loan payment and reimbursement to CDBG . CITY STRATEGIC GOAL: Approval of the adjustments are necessary to ensure actual spending levels in i ndividual line items do not exceed budgeted appropriations at the close of the first quarter of FY 2017-18 and will further City 's Strategic Goal to promote Good Governance . FISCAL IMPACT: This item has an impact on the FY 2017-18 City Budget. If the City Council approves the recommended adjustments , there will be an additional $1 ,050 appropriation from the General Fund ; $17 ,555 appropriation from the AQMD Fund ; $8 ,000 from Lighting/Landscape Distri ct Fund ; $8 ,000 from the Park Acquisition Fund ; and $4 ,000 homeowner loan payment and reimbursement to CDBG Fund , wil l be recorded . ATTACHMENT: A. FY 2017-18 First Quarter Revenue and Appropriation Adjustments Department/Progam Loan Repayment Total Revenue Adjustment Department/Progam Parks Maintenance Facilities Special Dept Supp lies Housing CDBG Repayment Emergency Services Special Equipment Trees & Parkways Special Equipment Maint Capital Improvement Project Improvements Total Appropriation Adjustments Account Number 27-870-38-3823 CITY OF TEMPLE CI T Y FY 2017-18 FIRST QUARTER REVE N UE ADJUSTMENTS Origina l Budget Amount Proposed Adjustm ents Rev ised Budget Amount Explanation 0 4,000 4,000 CDBG housing loan repayment -principa l 0 4,000 4,000 ATTACHM ENT A FY 2017-18 FIRST QUARTER APPROPRIATION ADJUSTMENTS Account Number 01-940-59-4465 27-930-55-4950 01-950-64-4840 47-970-83-4530 60-980-59-4810 (P16-02) Original Budget Amount 34,250 0 0 6,800 0 41,050 Propose d Adj ustments 1,050 4,000 17,555 8,000 8,000 3 8,605 Page 1 of 1 Revised Budget Amount Explanation 35,300 Purchase of a new push lawnmower (General Fund) 4,000 CDBG housing loan repayment (CDBG Fund) 17,555 Purchase of a diesel particulate filter to retrofit the emergency back-up generator per AQMD requirement (AQMD Fund) 14,800 Repair chipper truck box and replace lining (L/LD Fund) 8,000 Install wall caps for the Temple City Park Veterans Monument (Park Acquisition Fund) 79,655