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HomeMy WebLinkAbout13-054 Resolution Approving Budget Adjustment - Finance Manager PositionRESOLUTION NO. 13 -054 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA AMENDING THE FY 2013/14 ANNUAL BUDGET TO ADJUST THE FINANCE MANAGER POSITION SALARY APPROPRIATION WHEREAS, the City Council desires to properly fiend staff positions; and WHEREAS, it has been determined that the proposed Finance Manager position salary range was established lower than the mid -range level of Saratoga's comparable cities; and WHEREAS, the City desires to undertake a competitive recruitment for this position to hire a highly skilled finance professional within a competitive salary range; and WHEREAS, additional funding in the amount of approximately $8,800 is required to appropriate fiends for the Finance Manager position; and WHEREAS, budgeted funding is available to provide for this change in the Non - Departmental Program's compensated absences reserve funding account to offset this appropriation; and WHEREAS, it is necessary to make adjustments to the Fiscal Year 2013/14 budget as follows: Account Description Account# Amount To appropriate $8,800 of additional expenditures for increased salary costs to the City: General Fund — Financial Services 111- 3101 -51111 $8,800 General Fund — Non - Departmental 111- 8101 -51200 ($8,800) NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Saratoga hereby approves the above adjustments to the Fiscal Year 2013/14 General Fund Budget. BE IT FURTHER RESOLVED, the above and foregoing resolution was passed and adopted at a regular meeting of the Saratoga City Council held on 21" day of August, 2013 by the following vote: AYES: Council Member Chuck Page, Manny Cappello, Howard Miller, Vice Mayor Emily Lo, Mayor Jill Hunter NOES: None ABSENT: None ABSTAIN: None Jill Hunter, Mayor ATTEST: �t DATE: 'ZZ ?27f�j Cr )dl 1 Bothelio, City Clerk