HomeMy WebLinkAbout7/16/2008 - STAFF REPORTS - RA.3. U
COMMUNITY REDEVELOPMENT
AGENCY 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:
1. Approve Resolution No. "A Resolution of the Community
Redevelopment Agency 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
r
ITEM NO. ;
Community Redevelopment Agency 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.
GeoffreyWS. Kiehl Tom Wilson
Director of Finance and Treasurer Assistant CityKAanager, Administrative
Services
David H. Ready
City Manager
Attachments:
Od��� u
RESOLUTION NO.
A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY 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
2008-09 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 lesser amount, as of June 30, 2008 of the following accounts:
Merged Area #1 Fund 11,826,882
Merged Area #2 Fund 4,345,456
Plaza Theatre Fund 14,817
Low Mod Housing Fund 1,991,047
Grand Total 18,178,202
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.
ADOPTED this day of , 2008
David H. Ready, City Manager
ATTEST:
James Thompson, City Clerk
CERTIFICATION
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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
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ACCOUNT NO ACCOUNT TITLE AMOUNT
811-8191-50000 Unscheduled Capital Projects 221,420
811-8191-50005 Unscheduled Bond Proceeds 2004 36,812
811-8191-50006 Unscheduled Bond Proceeds 2007 7,200,000
811-8191-65181 Stevens/NPC 9,650
811-8191-65194 COD Master Plan 149,900
811 8191-66198 Decorative Sidewalk Paving 35,000
811-8191-65199 Downtown Trash Enclosure 2,445
811-8191-65201 Desert Art Center Upgrades 15,000
811-8191-65208 Home Improvement Program 50,000
811-8191-65210 San Rafael Street Repairs 27,985
811-8191-65213 Animal Shelter 2007 Bond 4,078,670 11,826,882
812-8192-50000 Unscheduled Capital Projects 1,259,182
812-8192-50005 Unscheduled Bond Proceeds 2004 1,328,732
812-8192-65171 S Palm Canyon Widening 788,969
812-8192-65185 Triangle Parcel Design 2,000
812-8192-65219 Suit Block Leasehold 2007 Bond 966,573 4,345,456
821-8199-42705 Land Lease and Rentals 5,600
821-8199-43050 Building Repairs & Maint 9,217 14,817
882-8382-50000 Unscheduled Capital Projects 145,438
882-8382-65122 SFR Rehab Program 3,913
882-8382-65145 Desert Highland Infill 205,522
882-8382-65158 Tahquitz Court Apts 600,000
882-8382-65170 Desert Highland Infill 50,000
882-8382-65174 North Indian/San Rafael 500,728
882-8382-65188 Coyote Run II 3,139
882-8382-65190 Housing Element Update 225
882-8382-65204 CVHC (Rosa Gardens Apts) 257,682
882-8382-65205 Energy Efficiency Program 100,000
882-8382-66206 Blighted Site Abatement 124,400 1,991,047
GRAND TOTAL $ 18,178,202 18,178,202
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