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HomeMy WebLinkAboutAgenda Statement 1986/09/16 Item 10 COUNCIL AGENDA STATEMENT Item 10 Meeting Date 9/16/86 ITEM TITLE: Resolution /al I/,,2.- Amending 1986-87 Budget and providing for the appropriation of funds for salary and fringe benefit increases for FY 1986-87 SUBMITTED BY: Assistant City Manager (4/5ths Vote: Yes X No ) REVIEWED BY: City Manage r91 At the time the 1986-87 budget was adopted, negotiations with the various bargaining units had not been completed. Therefore, the budget needs to be amended to provide funds for salary and fringe benefit increases for FY 1986-87. RECOMMENDATION: Adopt resolution. BOARD/COMMISSION RECOMMENDATION: N.A. DISCUSSION: Negotiations have been completed and contracts have been ratified with the various employee groups, and compensation and fringe benefit levels have been determined for all employees. It is now necessary to amend the budget and appropriate funds in the amount of $1 ,739,800 to cover these increases, with $1 ,693,960 to be appropriated from the General Fund. This figure is somewhat artificially inflated because the $58,400 refunded from PERS to the City which was refunded to Police and Fire should be appropriated. FISCAL IMPACT: The following amounts are to be appropriated to Non-Departmental Account 100-0730-5101 from the funds shown: Parking Meter Fund $ 6,040 Transit Fund 12,160 Central Garage Fund 27,640 Unappropriated General Fund Reserve 1 ,693,960 The total sum appropriated to the Non-Departmental account will subsequently be distributed by authorization and approval of the City Manager to the appropriate control/activity/object accounts. ERA:DCB:mab #10 by tie C'ly 0,-1J-7d of Chula Dated Form A-113 (Rev. 11/79)