HomeMy WebLinkAboutCity Council Resolution 95-30.06I
RESOLUTION NUMBER95,-30.6
RESOLUTION OF THE CITY COUNCIL OFTME CITY OF SARATOGAAMENDING THE
FISCAL YEAR 1995/96 BUDGET:
WHEREAS, it has been recommended by the City Manager that the
following amendments to the present budget revenue and
appropriations be made:
NOW, THEREFORE, BE IT RESOLVED, that the budget of the City of
Saratoga adopted by Resolution 95-30 be amended as follows:
Transfer:
($1,500.00) From/(Credit) 1-9000-7010 Revenue-Property tax
($10,000.00) From/(Credit) 1-9000-7510 Revenue-Sales tax
($500.00) From/(Credit) 1-9000-7560 Revenue-Trans occ tax
($7,500.00) From/(Credit) 1-9000-7530 Revenue-Util usrs tax
(500.00) From/(Credit) 1-9000-7520 Revenue-Doc trsf tax
($2,500.00) From/(Credit) 1-9000-7550 Revenue-Bus license
($2,500.00) From/(Credit) 1-9000-9010 Revenue-Franchise fee
$7,250.00 To/Debit 1-7074-4510 Finance-contracts
Purpose:
To increase revenues and expenditures for revenue enhancement audit
services provided by Municipal Resource Consultants for the
remainder of the fiscal year ended June 30, 1996 (amounts above
represent one-half of anticipated annual totals).
The above and foregoing Resolution was passed and adopted at a
regular meeting of the Saratoga City Council held on the 15th day
of November, 1995 by the following vote:
AYES: Councilmembers Burger, Moran, Tucker, Wolfe and Mayor Jacobs
NOES: None
ABSENT: None
ATTEST:
z~ .~ ~ NAYOR
DEPUTY CITY C E
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City of Saratoga
Budget Resolution Supporting Worksheet
Budget Resolution Number 95 - 30.
Amount: FI even ues $25,000,00
Expenditures $7,250.00
Source of Funding: Ref.
General Fund:
Revenue - Property Tax 1 9000 701 0 #1 $1,5C)0.00
Revenue - Sales Tax I 9000 751 0 #1 10,000.00
Revenue-Transient Occupancy Tax 1 9000 7560 #1 500.00
Revenue-Utility Users Tax 1 9000 7530 #1 7,500.00
Revenue-Documentary Transfer Tax 1 9(X)0 7520 #1 500.00
Revenue-Business License Tax I 9000 7550 #1 2,500.00
Revenue-Franchise Fees I 9000 9010 #1 2,500.00
$25,000.00
Program & Account:
General Fund:
Financial Management-Contracts 1 7074 451 0 #1 $7,250.00
General Fund Contingency Appropriation:
Balance before resolution $200,000.00
Effect of this resolution 0.00
Remaining Balance $200,000.00
General Fund Balances:
Audited -6/30/95 $2,585,000
Reserve Requirement (greater of 25% of revised budget or $2,000,000) $2,000,000
Change due to this resolution $17,750
Cummulative change - all resolutions ($116,363)
Comments:
#1 To increase revenues and expenditures for revenue enhancement audit services provided by MRC
for the remainder of the FY 95/96.
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City of 9aretoga 11/O6/95
Resolutions Approved
FtEMIYE 6/'30/96
/ Approprtet.
Operaling General InUagovernmntl Total Cepibl for Gem. Fund Grand
EXPENDITURES: Programs Government SeNices Operations Projects Contingency Total
Budget $7,679,903.00 $987,509.00 $697,t71,00 $9,304,583.00 $1,067,530.00$200,000.00 $10,632,113.00
Flee 95-80.0S 44,es8.00 (s,200.00) s2,0ee.oo ~,724.00 (92,185.00) (411.00)
Res~ 95-30.05 0.00 205,192.00 205,192.00
Pending Resolution 7,250.00 7,250.00 0.00 7,250.00
Total $7_.724~761.00 ~1;989.559.00 $783.799.00 $9.4.~,11.9.00. $1.181.882.00 S200.000,00 $1 _~.__ee0_ 001 no
IMPACT TO
REVENUES: General Other Total FUND BALANCES: General Olba, Tolal
Budget $7,267,757.00 $3,2e~,981.00 $10,537,738.00 Au(iled-6/30/95 I $2,585,000.00 $1,948,000.00 ~4,633,000.00}
Ree~ 95-30.03 800.00 $800.00 Ree~ 95-30,03 (98,256.00) 99A67.00 1,21 1.00
nee 9s-80.04 $0.00 Re~ 95-30.04 (35,es7.00) (3S, eS/.O0)
Rese 95-30.05 40,000.00 106,000.00 $146,000.00 ~ 95-30.05 (59,192,00) (59,192.00)
Pending Resolution 25,000.00 $2_5,000.00 Pending Resolution 17~750.00 17,750,00
Total $7,.333,557..00 $3,375,.98.1.00 $10,709,538.00 Total _ ($116,3_63~001 $40,275,00 ($76,088.001
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