HomeMy WebLinkAboutCC Resolution 13905 (Amend Budget)RESOLUTION NO. 13905
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN
RAFAEL ADOPTING AMENDMENTS TO THE 2014-2015 BUDGET
WHEREAS, the City Council approved Resolution 13748 on June 16, 2014, adopting
the fiscal year 2014-2015 budget; and
WHEREAS, following the adoption of the fiscal year 2014-2015 budget, the City
Council has taken various actions amending the budget, including the approval of Resolution
13845 in connection with the first interim budget review on December 1, 2014; and
WHEREAS, throughout the year, 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 for the remainder of this fiscal year;
NOW, THEREFORE, BE IT RESOLVED, by the San Rafael City Council that
Resolution 13845 for fiscal year 2014-2015 is amended to increase total general fund revenues to
$68,827,320 with transfers in unchanged at $1,290,207 as presented on Exhibit I Table I attached
hereto; and increase general fund expenditure authorization to $63,204,248 with transfers out at
$1,697,664, as presented on Exhibit I, Table II attached hereto. Further, the Resolution is
amended for other fund revenues to $38,643,517 and transfers in to $3,308,999, expenditures to
$54,039,920 and transfers out unchanged at $2,901,542 as presented on Exhibit I Table III
attached hereto. These changes result in net City-wide appropriations of $106,151,162 as
presented 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 20th of April 2015, by the following vote, to wit:
AYES: COUNCILMEMBERS: Bushey, Colin, Gamblin and Vice -Mayor McCullough
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: Mayor Phillips
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ESTHER C. BEIRNE, City Clerk
WACouncil Material\Resolutions\20I5\City\Amend City budget 14-15-9month doc
EXHIBIT I
TABLE I
38,515,373
128,144
38,643,517
CHANGES TO GENERAL FUND REVENUES AND OTHER SOURCES
3,308,999
Current Budget
3,308,999
�FY14-15 Sources
General Fund
FY2014-15
Proposed Changes
Revised Budget
Revenues
68,435,320
392,000
68,827,320
Transfers in
1,290,207
7,368,455
1,290,207
Total Resources
69,725,527
392,000
70,117,527
TABLE II
234,409
54,039,920
Transfer out
CHANGES TO GENERAL FUND EXPENDITURES AND OTHER USES
Current Budget
Total Appropriations
56,707,053
General Fund
FY2014-15
Proposed Changes
Revised Budget
Expenditures
63,173,248
31,000
63,204,248
(Transfer out
1,697,664
-
1,697,664
Total Appropriations
64,870,912
31,000
64,901,912
TABLE III
CHANGES TO OTHER FUNDS
Current Budget
Other Funds FY2014-15 Proposed Changes Revised Budget
Revenues
38,515,373
128,144
38,643,517
Transfers in
3,308,999
-
3,308,999
�FY14-15 Sources
41,824,372
128,144
41,952,516
FYI 3-14 Rollover
665,513
665,513
FYI 3-14 CIP Carry Over
7,368,455
7,368,455
Total Resources
49,858,340
128,144
49,986,484
1
Expenditures
53,805,511
234,409
54,039,920
Transfer out
2,901,542
2,901,542
Total Appropriations
56,707,053
234,409
56,941,462
1
Net Results
(6,848,713)
(106,265)
(6,954,978)
TABLE IV
CITY-WIDE APPROPRIATIONS
Current Budget
All Funds
FY2014-15
Proposed Budget
Revised Budget
General Fund
64,870,912
31,000
64,901,912
(Other Funds
56,707,053
234,409
56,941,462
Less interfund
(15,692,212)
(15,692,212)
Net Expenditures
105,885,753
265,409
106,151,162