HomeMy WebLinkAbout7/19/2000 - STAFF REPORTS (2) DATE: July 19,2000
TO: Community Redevelopment Agency of the City of Palm
Springs
FROM: C.R.A. Treasurer
CONTINUING APPROPRIATIONS
RECOMMENDATION:
It is recommended that the Community Redevelopment Agency of the City
of Palm Springs authorize the continuation of appropriations from the
fiscal year 1999-01 budget for projects not completed.
BACKGROUND:
Each year during the budget process, the Staff is faced with the difficult
problem of trying to determine in advance which projects will be
completed by fiscal year-end and which might have to be rebudgeted in
the next fiscal year.
In order to simplify this process, the policy of the Community
Redevelopment Agency has been to authorize the carrying forward of
certain appropriations for projects budgeted and started but not
completed from one fiscal year into the next fiscal year.
The requests from the agency have been reviewed, and the amounts
verified, by the Finance Department.
The current amount recommended to be continued is $1,781,366.00. This
amount will be revised as expenditures and year-end closing adjustments
are posted.
The amounts requested per fund are summarized below:
Merged Area No. 1 $224,711
Merged Area No. 2 111,821
Low & Mod. Income Housing 1,434.101
Plaza Theatre 10,733
TOTAL $1 .781,366
Budget estimates for fiscal year 2000-01 have taken the requested
continuing appropriations into account, and projected fund balances will
not be affected by approve resolution.
THOMAS M. KANARR
Director of Finance and Treasurer
APPROV ��-'®
Executive Director
ATTACHMENT: 1. Resolution C" /
RESOLUTION NO.
OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS,
CALIFORNIA,APPROVING CONTINUING APPROPRIATIONS
FROM FISCAL YEAR 1999-00 TO THE FISCAL YEAR 2000-01.
WHEREAS the City Council of the City of Palm Springs has adopted a budget for the 2000-01
fiscal year,and
WHEREAS certain projects budgeted in the 1999-00 fiscal year budget have been started but not
completed;and
WHEREAS the unencumbered balances of those certain appropriations are necessary for completion
of the projects;
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Palm Springs hereby
authorizes the carrying forward to the nearest dollar, as continuing appropriations Into the 2000-01
fiscal year,the amount indicated or the final audited unencumbered balances,whichever is the
lesser amount, as of June 30,2000 of the following accounts:
RESOLUTION NO. PAGE 1
ACCOUNT NO: ACCOUNT TITLE AMOUNT
811-8191-42000 Utilities $ 1,307
811-8191-43050 Buildings RepairstMaintenanos 3,110
811-8191-43200 Contractual Services 5,000
811-8191-43250 Auditing 600
811-8191-43960 Property Tax 5,520
811-8191-65105 Low IntfRevoly Loan Prg 12,582
811-8191-65106 Commercial Rehab/Constr 59,644
811-8191-65111 Frances Stevens Fast Ctr 17.892
811-8191-65116 Uptown Lighting Program 2,841
811-8191-05120 Desert Shadows OPA 116,215
812-8192-50000 Unscheduled Capital Project 97.196
812-8192-65109 Ralph's Market Redevelopment 14,625
821-8199-42000 Utilities 3,094
821-8199-43050 Building Repairs/Maint 314
821-8199-43220 Contractual Legal Services 825
821-8199-43960 Property Taxes 6.500
882-8382-42100 Office Supplies 701
882-8382-42500 Travel&Training 1,385
882-8382-42570 Printing&Publishing 214
882-8382-43200 Contractual Services 1,585
882-838243960 Property Tax 3,200
882-8382-50000 Unscheduled Capital Proj 174.656
882-8382-65000 Relocation Assistance 34,929
882-8382-65017 Sect 202 Senior Housing 31,870
882-8382-65121 Cottonwood/Chuckwalla SFR 188.600
882-8382-65122 SFR Rehab Program 997,061
�lel4 *4 ' Z
All appropriations approved subsequent to passage of this resolution, but prior to the end of the
1999-00 year.
ADOPTED this day of . 2000
AYES:
NOES:
ABSENT:
ATTEST- CITY OF PALM SPRINGS
BY
REVIEWED&APPROVED
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