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HomeMy WebLinkAbout2/2/2005 - STAFF REPORTS (12) DATE: February 2, 2005 TO: City Council FROM: City Clerk PROPOSED RESOLUTION APPROPRIATING $65,000 FOR ADMINISTRATION AND COSTS ASSOCIATED WITH THE MARCH 8, 2005 SPECIAL ELECTION SUMMARY: Adopting the proposed resolution appropriates $65,000 for the March 8, 2005 special election from a drawdown in the City's General Fund. RECOMMENDATION: Adopt Resolution No. "A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA AMENDING THE BUDGET FOR FISCAL YEAR 2004-05 TO APPROPRIATE FUNDS FOR THE MARCH 8, 2005 SPECIAL ELECTION." BACKGROUND: On November 10, 2004 the City Council adopted Resolution 21132 and Resolution No. 21133 calling a Special Election for March 8, 2005 pursuant to the California Election Code. Funds were not budgeted for a Special Election, nor were funds appropriated when the Special Election was called. Cost estimates were obtained from the Riverside County Registrar of Voters. The proposed resolution directs an inter-fund transfer to the City Clerk's Election Cost Account from the City's General Fund. ,da es Thompson, City Clerk Try Butzla , ing City Manager Attachment: Budget Amendment Resolution REVIEWED BY DEPT. OF FINANCE `� o RESOLUTION NO. « � A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA AMENDING THE BUDGET FOR FISCAL YEAR 2004-05 TO APPROPRIATE FUNDS FOR THE MARCH 8, 2005 SPECIAL ELECTION WHEREAS, Resolution No. 20973 approving the budget for the fiscal year 2004- 05 was adopted by the City Council on June 9, 2004; and WHEREAS, Resolution No. 21132 and Resolution No. 21133 were adopted by the City Council on November 10, 2004, calling a Special Election for March 8, 2005 pursuant to the California Election Code; and WHEREAS, funds were not budgeted in the Fiscal Year 2004-05 budget and funds were not appropriated when the Special Election was called; and WHEREAS, the City Manager and City Clerk have 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 20973, adopting the budget for Fiscal Year 2004-05 is hereby amended as follows: SECTION 1: ADDITIONS Fund Activity Account Amount 001 General Fund 1150 Cit Clerk 43860 Elections $65,000.00 Purpose: To pay for costs to administer the March 8, 2005 Special Election. SECTION 2: SOURCE Fund Activity Account Amount 001 General Fund 1 29301 Fund Balance $65,000.00 ADOPTED THIS 2"d DAY OF FEBRUARY, 2005. AYES: NOES: City of Palm Springs Attest: City Manager City Clerk UP