HomeMy WebLinkAboutCity Council Resolution 19-011 CIP budget adjustment1.7 DLY�77lIJI11 C�]r;i►[��La17fl
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA
TO ADJUST THE FY 2018/19 OPERATING AND CAPITAL IMPROVEMENT PLAN BUDGETS TO
APPROPRIATE ADDITIONAL FUNDS FOR THE GARDEN PATIOBOCCE BALL
COURT AND SENIOR CENTER ENTRANCES REMODEL PROJECTS
WHEREAS, the City Council completed the FY 2019/20 Capital Improvement Plan (CIP) prioritization process
during the study session on February 20, 2019; and
WHEREAS, the City Council arrived at a consensus to appropriate capital project funding to the Garden
Patio/Bocce Ball Court project in the amount of $215,000 and to the Senior Center Entrances Remodel project in
the amount of $150,000 as part of the FY 2019-20 Capital Improvement Plan; and
WHEREAS, the City Council provided direction to appropriate the capital funds and begin work on the projects
during the 2018/19 fiscal year; and
WHEREAS, it is therefore necessary to appropriate this funding from the CIP reserve by transferring the funds and
adjusting the fiscal year 2018/19 CIP budget as follows:
Account Description Account Amount
To appropriate transfer from the General Fund
Increase Transfers Out from the General Fund 111.8101.99999 $365,000
To appropriate Revenues and Expenditures in Garden Patio/Bocce Ball Court Project (9331-010) and the Senior
Center Entrances Remodel Project (9333-007):
Increase Transfer in to CIP Project
4139331-010.49999 $215,000
Increase expense appropriation in CIP Project
4139331-010.81161 $215,000
Increase Transfer in to CIP Project
4139333-007.49999 $150,000
Increase expense appropriation in CIP Project
4139333-007.81161 $150,000
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Saratoga hereby approves the
above adjustments to the Fiscal Year 2018/19 Operating 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 20" day of March, 2019 by the following vote:
AYES: Mayor E. Manny Cappello, Vice Mayor Howard Miller, Council Members Rishi Kumar, Mary -
Lynne Bernald, Yan Zhao
NOES:
ABSENT:
ABSTAIN:
E. Manny Cappello, Mayor
Attest:
Deb ie Bretschneider,
City Clerk, City of Saratoga