HomeMy Public PortalAbout12) 9B Fiscal Year 2017-18 Mid-year Budget ReviewAGENDA
ITEM 9.8.
ADMINISTRATIVE SERVICES DEPARTMENT
MEMORANDUM
DATE: February 6, 2018
TO: The Honorable City Council
FROIV,I:,· · .. ·' Bryan Cook, City Manager
·.. · Via: Tracey L. Hause, Administrative Services Director
Sy: Lee Ma, Accountant
SUB~~CT: .. FISCAL YEAR (FY) 2017-18 MID-YEAR BUDGET REVIEW,
. TREASURER'S REPORT, REVENUE, EXPENDITURE AND CAPITAL
PROJECT SUMMARY REPORTS
RECOMMENDATION:
The City Council is requested to:
1. Receive the FY 2017-18 Mid-Year Budget Review and related reports; and
2. Authorize staff to revise revenue estimates as indicated in Attachment "A".
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 a total of $89,655 from FY 2016-
17 to FY 2017-18 for the Primrose Tenant Relocation and Assistance and related
services in the City Manager's Department.
3. On September 5, 2017, the City Council approved $25,000 contractual first
amendment with Gonzalez Goodale Architects for additional on-call architectural
and urban design 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 the Rosemead Boulevard Resurfacing as a new Capital Improvement Project
and approved a budget amendment to allocate $105,143 from the Unreserved
General Fund Balance for the required maintenance of effort and the $206,421 from
the Road Maintenance and Rehabilitation Account (RMRA) Fund .
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