HomeMy WebLinkAboutAgenda Statement 1975/05/20 Item 18AGENDA ITEM N0. [Lg ]
CHULA VISTA CITY COUNCIL MEETING OE: Mdy 20, 1975
Report on projected deficits in utility accounts and
ITEM TITLE; Resolution - Approving transfer of funds from unappropriated
reserve of Open Space Maintenance District No. 2
fund to utility account
INITIATED BY: City Manager
BACKGROUND
The Director of Finance prepared a report indicating the projected deficits
in the various utility accounts of the City, a sum of approximately $84,000.
The departments were requested to submit means of covering these deficits
and have provided budget adjustment requests which will accomplish this purpose
primarily through salary savings. In at least one case, however, Council action
will be necessary to appropriate $1,100 from the unappropriated reserve of the
Open Space District No. 2 fund.
All of the following transfers have been accomplished by intra-fund transfers
except that for Open Space District No. 2.
Utility Account
O1-2111-5251
01-2340-5251
01-3130-5251
15-4420-5251
12-4120-5251
12-4220-5251
13-4300-5251
55-8350-5251
56-8351-5251
Projected Deficit
Department Through 6-30-75
Police
Fire
Public Works-Traffic
Library
Parks and Rec.-Parks
" -Recreation
Golf Course
Open Space District No. 1
" No. 2
Total
ATTACHED: Resolution [g] Ordinance [ ]
$10,730
1,100
43,240
2,040
12,200
8,600
1,200
4,000
1,100
$84,210
Agreement [ ] Plat [ ]
See EXHIBITS [X] No. 1
Financial Statement:
Appropriation of $1,100 from the unappropriated reserve of the Open Space
Maintenance District No. 2 to Account 56-8351-5251 (Utilities)
Commission-Board Recommendation:
N.A.
Department Head Recommendation:
N.A.
City Manager Recommendation:
Approve resolution.
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