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HomeMy WebLinkAboutCity Council Resolution 95-30.08 RESOLUTION NUMBER95- 30 . 8 RESOLUTION OF THE CITY COUNCIL OFTHE 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: $7,500.00 Credit 1-8084-5625 Bld Maint-Bld Maint $7,500.00 Debit 40-4043-5625 Cult Srv-Bld Maint #2 $50,000.00 Credit 1-7071-6999 City Council-Contgncy 850,000.00 Debit 1-7075-4515 Litigation Srv-Lgl Srv. #3 $7,500.00 Credit 1-7071-6999 City Council-Contgncy $7,500.00 Debit 1-7076-4510 City Clerk-Contracts Purpose: To realign budget for Civic Theater improvements. #2 To transfer contingency monies to fund Litigation Services for the remainder of FY 95/96. #3 To transfer contingency monies to fund March 26, 1996 special election. The above and foregoing Resolution was passed and adopted at a regular meeting of the Saratoga City Council held on the 17th day of January, 1996 by the following vote: AYES: Council members Burger, Moran, Wolfe and Mayor Jacobs NOES: None ABSENT: Counc i ] member Tucker ATTEST: DEPUTY CITY CLERK c:\bgtres96\res9530.8 1 -- City of Saratoga 01/11/96 Budget Resolution Supporting Worksheet Budget Resolution Number 95 - 30. ~' Amoum: Revenues $0.00 Expenditures $0.00 Source of Funding: Ref. General Fund: Building Maintenence-Building Maim 1 8084 5625 #1 $7,500.00 City Council-Contingency 1 7071 6999 #2 50,000.00 City Council-Contingency 1 7071 6999 #3 7,5(X).00 Program & Account: General Fund: Lffigation Services-Legai Services I 7075 4515 #2 $50,000.00 City Clerk-Generai Contracts 1 7076 4510 #3 7,500.00 Subtotai-Generai Fund 57,500.00 Recreation Fund: Cultural Services-Building Maintenance 40 4043 5625 #1 7,500.00 General Fund Contingency Appropriation: Balance before resolution $200,000 Effect of this resolution (57,500) Remaining Balance $142,500 General Fund Balances: Audited - 6/30/95 $2,585,000 Reserve Requirement (greeter of 25% of Revised Budget or $2,0(X),000) $2,000,000 Change due to this resolution $7,500 Cummutative change - all resolutions ($108,863) Comments: #1 To realign budget for Civic Theater improvements. #2 To transfer contingency monies to fund Litigation Services for the remainder of FY 95/96. #3 To transfer cor~ngency monies to fund March 26, 1996 special election. C:~GTRES96~GTRES8.WK1 City of Saratoga 01/11/96 Resolutions Approved Fiscal YE 6/30/96 Appropriat. Operating General Intragovernmntl Total Capital for Gen. Fund Grand EXPENDITURES: Programs Government Services Operations Projects Contingency Total Budget $7,679,903.00 $987,509.00 $697,171.00 $9,364,583.00 $1,067,530.00 $200,000.00 $,10,632,113.00 Res# 95-30.03 44,858.00 (5,200.00) 52,066.00 91,724.00 (92,135.00) (411.00) Res# 95-30.04 34,562.00 64,562.00 1,295.00 35,857.00 Res# 95-30.05 0.00 205,192.00 205,192.00 Res# 95-30.06 7,250.00 7,250.00 7,250.00 Res# 95-30.07 10,000.00 33,540.00 43,540.00 43,540.00 Pending Resolution 7,500.00 57,500.00 (7,500.00) ..... 57,500.00 (57,500.00) 0.00 Total $7,742,261.00 $1,080,599.00 $776,_299.00 $9,599,159.00 $1,1 8! ~882.00 $142,500.00 $10,923,541.00 IMPACT TO REVENUES: General Other Total FUND BALANCES: General Other Total Budget $7,267,757.00 $3,269,981.00 $10,537,738.00 Auditsol-6/30/95 f $2,585,000.00 $1,946,000.00 $4,533,000.00 ] Res# 95-30.03 800.00 $800.00 Res# 95-30,03 (98,258.00) 99,467.00 1,21 1.00 Res# 95-30.04 $0.00 Res# 95-30.04 (35,857.00) (35,857.00) Res# 95-30.05 40,000.00 106,000,00 $146,000.00 Rese 95-30.05 (59,192.00) (59,192.00) Res# 95-30.06 25,000.00 $25,000.00 Res# 95-30.06 17,750.03 17,750.00 Res# 95-30.07 33,540.00 10,000.00 $43,540.00 Res# 95-30.07 0.00 Pending Resolution $0.00 Pending Resolution 7,500.00 .... (7,500.00) 0.00 Total $7,367,097.00 $3,385,9_8_1.00 $10,753,078.00 Total ($108,863.00) $32,775.00 ($76,088.00.) C:\BGTRES95~RESRCPB.WK1