HomeMy WebLinkAboutCC Resolution 14571 (General Fund Update and City-Wide Budget Amendments)RESOLUTION NO. 14571
RESOLUTION OF THE SAN RAFAEL CITY COUNCIL ADOPTING AMENDMENTS
TO THE CITY OF SAN RAFAEL BUDGET FOR FISCAL YEAR 2017-2018 FOR THE
PURPOSE OF CONFIRMING AUTHORIZED APPROPRIATIONS AND TRANSFERS
WHEREAS, the City Council approved Resolution 14342 adopting the fiscal year
2017-2018 budget; and
WHEREAS, the City Council approved Resolution 14445 amending the fiscal
year 2017-2018 budget, and took other actions during the year to authorize spending ;
and
WHEREAS, as part of the fiscal year-end closing process, staff has reviewed
and analyzed actual revenues, expenditures and transfers through June 30, 2018, has
identified a need for additional budget adjustments, and has submitted its analysis and
recommendations in a report to the City Council; and
WHEREAS, after examination, deliberation and due consideration, the City
Council has approved the same report and recommendations;
NOW, THEREFORE, BE IT RESOLVED, by the San Rafael City Council that
Resolution 14342 for fiscal year 2017-2018 is further amended to authorize the
following adjustments to appropriations, which are reflected in the Consolidated Funds
Schedule (Exhibit I attached hereto and incorporated herein by reference):
Fund Description Amount
General Fund – 001 increased costs; offset by revenue $478,960
Police Youth Services - 230 Camp Chance 2018; funded by donations 33,117
Pt. San Pedro A.D. – 234 median maintenance; funded by assessments 32,517
Baypoint Lagoon A.D. – 235 misc costs; funded by assessments 101
Loch Lomond CFD #2 - 237 county charges; funded by assessments 130
Safety Grants – 281 crime analytics, traffic enforcement; funded by grants 102,880
Total Special Revenue Funds $168,745
I, LINDSAY LARA, Clerk of the City of San Rafael, hereby cert ify that the
foregoing resolution was duly and regularly introduced and adopted at a special
meeting of the Council of said City on Tuesday, the 4th of September 2018, by the
following vote, to wit:
AYES:
NOES:
ABSENT:
COUNCILMEMBERS: Bushey, Colin, Gamblin, McCullough & Mayor Phillips
COUNCILMEMBERS: None
COUNCILMEMBERS: None
___________________________
LINDSAY LARA, City Clerk
EXHIBIT I
TABLE I
CHANGES TO GENERAL FUND REVENUES AND OTHER SOURCES
General Fund
Adopted Budget FY
2017-18
Approved
Changes Current Budget Proposed Changes Revised Budget
Revenues 76,724,443 837,605 77,562,048 483,000 78,045,048
Transfers in 1,356,344 1,356,344 - 1,356,344
Financing Sources - 54,814,197 54,814,197 - 54,814,197
FY17-18 Sources 78,080,787 55,651,802 133,732,589 483,000 134,215,589
FY16-17 Rollover 50,549 32 50,581 50,581
Total Resources 78,131,336 55,651,834 133,783,170 483,000 134,266,170
TABLE II
CHANGES TO GENERAL FUND EXPENDITURES AND OTHER USES
General Fund
Adopted Budget FY
2017-18
Approved
Changes Current Budget Proposed Changes Revised Budget
Expenditures 72,513,946 916,272 73,430,218 478,960 73,909,178
Transfer out 2,350,000 2,350,000 2,350,000
Transfer out-CIP 4,025,000 58,832,407 62,857,407 62,857,407
Total Appropriation 78,888,946 59,748,680 138,637,626 478,960 139,116,586
TABLE III
CHANGES TO OTHER FUNDS
Other Funds
Adopted Budget FY
2017-18
Approved
Changes Current Budget Proposed Changes Revised Budget
Revenues 44,376,578 2,732,926 47,109,504 - 47,109,504
Transfers in 6,475,000 61,786,020 68,261,020 68,261,020
FY17-18 Sources 50,851,578 64,518,946 115,370,524 - 115,370,524
FY16-17 Rollover 7,806,379 7,806,379 7,806,379
FY16-17 CIP Carry Over - - -
Total Resources 50,851,578 72,325,325 123,176,903 - 123,176,903
Expenditures 51,526,218 37,966,407 89,492,625 168,745 89,661,370
Transfer out 1,456,344 2,953,565 4,409,909 - 4,409,909
Total Appropriation 52,982,562 40,919,972 93,902,534 168,745 94,071,279
Net Results (2,130,984) 31,405,353 29,274,369 (168,745) 29,105,624
TABLE IV
CITY-WIDE APPROPRIATION SUMMARY
All Funds
Adopted Budget FY
2017-18
Approved
Changes Current Budget Proposed Changes Revised Budget
General Fund 78,888,946 59,748,680 138,637,626 478,960 139,116,586
Other Funds 52,982,562 40,919,972 93,902,534 168,745 94,071,279
Net Expenditures 131,871,508 97,715,087 229,586,595 647,705 230,234,300