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HomeMy WebLinkAbout10/19/2005 - STAFF REPORTS (24) ;pF?ALM sp4 �y � � c 4 1/, ' t + e ""'P A`'F° City Council Staff Report DATE: October 19, 2005 CONSENT CALENDAR SUBJECT: AUTHORIZE BUDGET AMENDMENT OF $350,000 TO THE MOTOR VEHICLE REPLACEMENT RESERVES FOR THE PURCHASE OF CITY VEHICLES AND SPECIALIZED EQUIPMENT FROM: David H. Ready, City Manager BY: City Manager's Office and Department of Finance and Treasury SUMMARY The recommended action would amend the budget of the Motor Vehicle Replacement Reserves Budget allowing for an increase of$350,000 to purchase previously approved vehicles and specialized equipment. RECOMMENDATION: Adopt Resolution No. "A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA AMENDING THE BUDGET FOR THE 2005-06 FISCAL YEAR" (TO INCREASE MOTOR VEHICLE REPLACEMENT RESERVES BUDGET BY $350,000 FROM THE MVR FUND BALANCE) STAFF ANALYSIS: Earlier this year the City Council tentatively approved the purchase of various city vehicles including 16 police sedans, 5 motorcycles, and various other city pickups and utility vehicles. These vehicles had also been recommended for replacement by the C:ity's Fleet Management Committee. A certain portion of the vehicles had been identified for replacement the previous fiscal year, but the bids and final authorizations for purchase were not completed until this fiscal year. The remainder of the vehicles are to be purchased in the next few months. In addition to the vehicles, a certain amount of specialized equipment will need to be installed on the new police sedans that can not be transferred over from the current vehicles. The Police Department is currently finishing the final list of equipment that will need to be replaced on the new sedans. A' Item No. 2 , N . City Council Staff Report October 19, 2005 -- Page 2 Authorize Budget Amendment of$350,000 to the Motor Vehicle Replacement Reserves for the Purchase of City Vehicles and Specialized Equipment The proposed budget amendment will authorize increasing the motor vehicles account by $200,000 and the specialized equipment by $150,000. There were funds budgeted in last year's budget and were not used, because the bids and purchases were not completed until this fiscal year. However, those budgeted funds were not included in this year's continuing appropriations and were returned to the current fund balance. This budget amendment will restore that funding to these accounts. FISCAL IMPACT The proposed budget amendment will increase the motor vehicles account by $200,000 and the specialized equipment account by $150,000 in the motor vehicle replacement fund. There are adequate funds in the Motor Vehicle Replacement Fund Balance for this budget amendment. Craig,A`.'Graves, Director of Finance �ir y Butzl 'ff,I �ssistant City Manager- apd`Treasurer Aoministrativ- :3ervices David H. Ready, City Manama Attachments: Resolution RESOLUTION NO. OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 2005-06 FISCAL YEAR. WHEREAS Resolution 21283 approving the budget for the fiscal year 2005-06 was adopted on June 8, 2005; and WHEREAS the City Manager has recommended, and the City Council desires to approve, certain amendments to said budget; NOW THEREFORE BE IT RESOLVED that the Director of Finance is authorized to record inter-fund cash transfers as required in accordance with this Resolution, and that Resolution 21283, adopting the budget for the 2005-06 fiscal year is hereby amended as follows: SECTION 1. ADDITIONS Fund Activity Account Amount Dept 5475 510 Motor Vehicle Motor Vehicle 50020 $200,000 Replace Replace Reserves 50015 $150,000 Purpose SECTION 2. SOURCE Fund Activity Account Amount Dept 5475 510 Motor Motor Vehicle 29302 $350,000 Vehicle Replace Replace Reserves ADOPTED THIS 19" day of October, 2005. David H. Ready, City Manager ATTEST: James Thompson, City Clerk CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF PALM SPRINGS ) 1, JAMES THOMPSON, City Clerk of the City of Palm Springs, hereby certify that Resolution No. is a full, true and correct copy, and was duly adopted at a regular meeting of the City Council of the City of Palm Springs on by the following vote: AYES: NOES: ABSENT: ABSTAIN: James Thompson, City Clerk City of Palm Springs, California