HomeMy WebLinkAboutCC Resolution 14106 (Budget Amendments & Update)RESOLUTION NO. 14106
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN
RAFAEL ADOPTING AMENDMENTS TO THE 2015-2016 BUDGET
WHEREAS, the City Council approved Resolution 13932 adopting the fiscal year
2015-2016 budget and has taken various actions since that time to adjust that budget;
and
WHEREAS, the changes in available funding sources and operational needs
require adjustments to some City budgets; and
WHEREAS, it is the intention of this Council to review recommendations from
staff regarding the City's financial condition, including revenue projections and available
resources and provide funding for various ongoing, capital and other service needs; and
WHEREAS, after examination, deliberation and due consideration, the City
Council has approved the staff report and recommendations, and directs the City
Manager to proceed with the implementation of these recommendations.
NOW, THEREFORE, BE IT RESOLVED, by the San Rafael City Council that
Resolution 13932 for fiscal year 2015-2016 is further amended to increase other fund
revenues to $42,600,358 with transfers in unchanged at $6,282,899, to increase
expenditures to $64,986,904 and transfers out at $2,701,962 as presented on Exhibit I
Table III attached hereto. These changes result in City-wide General Fund
appropriations of $70,134,461 and other fund appropriations of $67,688,866 as
summarized on Exhibit I Table IV.
I, ESTHER C. BEIRNE, Clerk of the City of San Rafael, hereby certify that the
foregoing resolution was duly and regularly introduced and adopted at a regular
meeting of the Council of said City on Monday, the 18th of April 2016, by the following
vote, to wit:
AYES: COUNCILMEMBERS: Bushey, Colin, Gamblin, McCullough & Mayor Phillips
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: None
ESTHER C. BEIRNE, City Clerk
W:\Council Material\Resolutions\2016\CityWmend City budget 15-16-9month.doc
EXHIBIT I
TABLE I
CHANGES TO GENERAL FUND REVENUES AND OTHER SOURCES
Revenues
72,394,767
877,287
73,272,054
73,272,054
Transfers -in
1,357,349
(262,287)
1,095,062
1,095,062
IFY15-16 Sources
73,752,116
615,000
74,367,116
74,367,116
IFYI 4-15 Rollover
-
115,665
115,665
115,665
Total Resources
73,752,116
730,665
74,482,781
- 74,482,781
TABLE II
CHANGES TO GENERAL FUND EXPENDITURES AND OTHER USES
Expenditures
Adopted Budget FY
1
Approved
67,427,546
I
67,427,546
General Fund
2015-16
Changes
Current Budget
Proposed Changes
Revised Budget
Expenditures
66,921,296
506,250
67,427,546
67,427,546
(Transfer -out
2,560,000
31,250
2,591,250
2,591,250
IFYI 4-15 Rollover
-
115,665
115,665
115,665
Total Appropriation
69,481,296
653,165
70,134,461
-
70,134,461
TABLE III
CHANGES TO OTHER FUNDS
Adopted Budget FY
Approved
Other Funds
2015-16
Changes
Current Budget
Proposed Changes
Revised Budget
Revenues
38,621,826
3,517,532
42,139,358
461,000
42,600,358
Transfers -in
2,650,000
3,632,899
6,282,899
-
6,282,899
FYI5-16Sources
41,271,826
7,150,431
48,422,257
461,000
48,883,257
IFY14-15 Rollover
2,158,321
2,158,321
2,158,321
FYI4-15CIP Carry Over
8,729,884
8,729,884
8,729,884
(Total Resources
41,271,826
18,038,636
59,310,462
461,000
59,771,462
I
Expenditures
45,111,188
19,816,716
64,927,904
59,000
64,986,904
(Transfer -out
1,447,349
1,254,613
2,701,962
-
2,701,962
Total Appropriation
46,558,537
21,071,329
67,629,866
59,000
67,688,866
INet Results (5,286,711) (3,032,693) (8,319,404) 402,000 (7,917,404)
TABLE IV
CITY-WIDE APPROPRIATION SUMMARY
Adopted Budget FY Approved
All Funds 2015-16 Changes Current Budget Proposed Changes Revised Budget
General Fund 69,481,296 653,165 70,134,461 - 70,134,461
(Other Funds 46,558,537 21,071,329 67,629,866 59,000 67,688,866
(Less interfund - - -
(Total Appropriations 116,039,833 21,724,494 137,764,327 59,000 137,823,327