HomeMy WebLinkAbout7/16/2008 - STAFF REPORTS - 2.P. AV,-. C A`M$O;
ci
V N
^c4<lFOR��P� CITY COUNCIL STAFF REPORT
DATE. July 16, 2008 Consent Calendar
SUBJECT: APPROVAL OF CONTINUING APPROPRIATIONS
FROM: David H. Ready, City Manager
BY: Department of Finance and Treasury
SUMMARY
At the end of each fiscal year, staff recommends certain accounts be continued into the
next fiscal year by resolution under the title of"Continuing Appropriations".
RECOMMENDATION:
I. Approve Resolution No. "A Resolution of the City Council of the
City of Palm Springs, California, Approving Continuing Appropriations from
Fiscal Year 2007-08 to Fiscal Year 2008-09."
STAFF ANALYSIS:
At the end of each fiscal year staff recommends certain accounts be continued into the
next fiscal year. These are appropriations accounts for specific projects or purposes.
Many are appropriations that are restricted by special revenues either by gift, grants or
funding source. In the past, some operations appropriations have also been continued.
Staff has reviewed the recommended items to insure that they are needed to complete
a designated project, are connected to a grant or designated revenue source or are
associated with a donation or gift. The majority of this year's continuing appropriations
are related to various capital projects. In order to continue spending on these items, the
City Council must approve the continuing of these appropriations into Fiscal Year 2008-
09.
FISCAL IMPACT:
There are adequate funds in the attached accounts for the recommended Continuing
ITEM NO. ' '
City Council Staff Report
July 16, 2008-- Page 2
Approval of Continuing Appropriations
Appropriations. Final balances will be determined with the closing of Fiscal Year 2007-
08.
�t C
Geoffrey T Kieftl Tom Wilson
Director of Finance and Treasurer Assistant City Manager, Administrative
Services
David H. Ready
City Manager
Attachments:
RESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS,
CALIFORNIA, APPROVING CONTINUING APPROPRIATIONS FROM FISCAL
YEAR 2007-08 TO FISCAL YEAR 2008-09
WHEREAS the City Council of the City of Palm Springs has adopted a budget for the 2007-08
fiscal year; and
WHEREAS certain projects budgeted in the 2007-08 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 carrying forward to the nearest dollar, as continuing appropriations into the 2008-09
fiscal year, the amount indicated or the final audited unencumbered balances, whichever is the
amount, as of June 30, 2008 of the following accounts:
General Fund 800,756
Community Promotion Fund 259,989
Sub Total Operating Funds 1,060,745
Forfeited Asset Fund 576,878
Safety Augmentation Fund 237,004
Indian Gaming Special Distribution Fund 67,930
Special Development Fund 532,917
Recycling Fund 2,060,000
Neighborhood Imvrovement Fund 1,864
Business Improvement Fund 64,380
Gas Tax Fund 1,194,163
Measure A Fund 8,522,169
Drainage Fund 5,227,403
Community Development Block Grant Fund 453,829
Public Art Fund 17,268
Library Trust Fund 720,131
Quimby Fees Fund 1,055,717
Special Project/Developer Fees Fund 1,425,173
Capital Project Fund 7,923,749
Assessment District 161 Fund 59,915
Assessment District 162 Fund 59,089
Assessment District 164 Fund 90,183
Airport CFC Fund 492,851
Airport Fund 1,671,750
Waste Water Treatment Plant Fund 2,737,499
Risk Management Fund 570,871
Grand Total 36,823,478
All appropriations approved subsequent to passage of this resolution
for the 2007-08 fiscal year, and not expended, are authorized to be
continued into the 2008-09 fiscal year.
Cont Approp Resolution_06 7/9/2008 12:25 PM
ADOPTED this day of _, 2008
David H. Ready, City Manager
ATTEST:
James Thompson, City Clerk
CERTIFICATION
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE )
CITY OF PALM SPRINGS )
I, 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 Councel of the City of the City of Palm Springs on
by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
James Thompson, City Clerk
City of Palm Springs, California
Cont_Approp_Resolution_06 7/9/2008 12'25 PM