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HomeMy WebLinkAboutCity Council Resolution 96-42.5 RESOLUTION NUMBER 96 - 42 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA AMENDING THE FISCAL YEAR 1996/97 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 96-42 be amended as follows: $4,832.00 Increase 15-9150-8530 Clean Air Grant $1,034.00 Increase 15-9603-4510 Project-Contracts Purpose: To amend the FY 1996/97 Budget for Bicycle Network Plan Implementation - Phase I (Capital Project No. 9603). The above and foregoing Resolution was passed and adopted at a regular meeting of the Saratoga City Council held on the 18th day of December, 1996 by the following vote: AYES: Councilmembers Bo.qosian, Jacobs, Shaw, Wolfe, and Mayor Moran' NOES: None ABSENT: None ATTEST: DEPUTY CITY CLERK C: \bgtres97\res9642.6 City of Saratoga 12/12/96 Budget Resolution Supporting Worksheet Budget Resolution Number 96 - 42. Amount: Revenues $4,832.00 Expen d itu res $1,034. O0 S~Urc~e of_Fun~ Ref. No. Environmental Programs Fund: Clean Air Grant 15 9150 8530 #1 $4:~832.00 Use of Funding: Environmental Programs Fund: Projects-Contracts 15 9603 451 0 #1 $1,034.00 Unreserved Fund Balance 15 2000 #1 3,798.00 Total $4,832.00 General Fund Contingency Appropriation: Balance before resolution $195,500 Effect of this resolution 0 Effect of pending resolution (Sheriff's Contract-Tabled to 12/18/96) .......... ~_2,2~.3J Remaining Balance $1532~26Z87. General Fund Balances: Audited - 6/30/96 $4,121,080 Unaudited - 11/30/96 $3,174,449 Reserve Requirement (greater of 25% of Revised Budget or $2,000,000) $2,000,000 : 80 Cummulativei change -!alit~ ~resolutions ($109,796) Comments: #1 To amend FY 196/97 Budget for Bicycle Network Plan Implementation - Phase 1 (Capital Project No. 9603) for additional Clean Air Grant revenue and contract costs. C:I,BGTRES97'~GTR ESi6. WKt City of Sa,,, oga ./,2/96 Resolutions Approved Schedule Fiscal YE 6/30/97 Operating General IntragovernmnU Total Capital Contingency indirect Cost Grand EXPENDITURES: ._ Programs Government Services Operation8 Pro..Je~cts Apl~ropfiation Allocation Total Alproved Budget $10,354,977,00 $1,195,369.00 $944,992.00 $12,495,338.00 $611,100.00 $204,000.00 ($2,344,361.()( $10,966,077,00 Res 96-42,0 4th of July 4,800.00 4,800.00 4,800.00 Re6 96-42,t Warner Hutton House t6,900.00 16,900.00 (8,500.0( 8,400.00 Reds 96-42.2 Year End Clean Up 47,913,00 36,542.00 84,455.00 53,711.00 138,166,00 Res 96-42.3 Not Ueed 0.00 0.00 lies 95-42,4 Pierce Road Bridge (5,548.00: (5,548.00~ 27,740.00 22,t92.00 Ree 96-42.5 Sheriff (Pending) 42,213.00 42,213,00 (42,213.0( 0.00 Res 96-42.6 Pending Resolution 0.00 t ,034.00 1,034,00 Totel $10,461,255.00, $1,195,869.00 $981,5,,~4.00 $12,638,158.00 $698,585.00 $153,287.00 S2,344,361.0C $11 ,~40,669.00 NPACT TO REVENUES: General Other Total FUND BALANCES: General Other Total AHlroved Budget $7,325,438.00 $~,200,472.(X) $10,525,910.00 Audited 61~0/g6 Re$96-42.0 4lh of July 4,800.00 4,800.00 Rosg6-42,0 4th of July 0.00 0.00 Ree 96-42.1 Warnet Hutton House 8,400.00 8,400.00 Res 96-42.1 Warner Hutton ouse 0.00! 0.00 0.00 Res 96-42.2 Year End Clean Up 0.00 Ree g6-42.2 Year End Clean Up (109,796,00) (28,~70.0( (138,166.00' Res g6-42.3 Not Used 0.00 Res 95-42.3 Not Used 0.00 Res 95-42.4 Pierce Road Bridge 22,192.00 22,192,00 Res 95-42.4 Pierce Road Bridge 0.00 0,00 Res 96-42.5 Sheriff (Pending) 0.00 Res 96-42.5 Sheriff (Pending) 0.00 0.00 Res 96-42.6 Pending Resolution $7,&IO,2 ',~8.00' 4,882,00 .._ 4,832.00 Res 95-42.6 Pending Resolution __ 3,798.00 3,795.00 Toll $3,235,896.00= $10,566,134.00 Total ($100,706.00) ($24,572.00 ($184,868.0e T0: FinanCe DireCtor FROM: Public Works Director SUBJECT: Budget Adjustment for Capital Project No. 9603 DATE: December 11, 1996 This is to request that you prepare the necessary Resolution and supporting documentation to adjust the budget for Capital Project No. 9603 (Bicycle Network Plan Implementation - Phase 1). These items should be placed on the agenda for the City CounCil meeting of December 18. Actual expenditures charged to the project will amount to $22,034, an increase of $1,034 from the adopted project budget of $21,000. The Resolution should increase the appropriation for Contract Services (Account No. 4510) by this amount. The project is supported by revenues from Transportation Fund for Clean Air (TFCA40%) funds and the adopted budget contains $18,900 of such supporting revenues. Because of what I expect to claim in eligible direct and indirect project costs, I anticipate receiving revenues in the amount of $23,732 for the project, an increase of $4,832. The Resolution should increase the revenue projection for Clean Air Grant funds (Account No. 8530) by this amount. In summary, the Resolution should do the following: Increase revenues for Fund 15 (Environmental), Account 8530 (Clean Air Grant) by $4,832. Increase expenditures for Capital Project 9603, Account 4510 (Contract Services) by $1,034. The surplus revenues should revert to the Fund 15 balance. If you have any questions about this or need additional information, please let me know,