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HomeMy WebLinkAboutAgenda Statement 1984/11/27 Item 6 COUNCIL AGENDA STATEMENT Item 6 Meeting Date 11/27/84 [TEM TITLE: Resolution //$hey- Amending 1984-85 budget and providing for the appropriation of funds for salary and fringe benefit increases for FY 1984-85 SUBMITTED BY: Director of Finances (4/5ths Vote: Yes X No ) EVIEWED BY: City Manager At the time the 1984-85 budget was adopted, negotiations with the various bargaining units had not been completed. Therefore the budget must be amended to provide funds for salary and fringe benefit increases for FY 1984-85. RECOMMENDATION: Adopt resolution. BOARDS/COMMISSIONS RECOMMENDATIONS: Not Applicable. DISCUSSION: Contracts have been ratified with each of the four employee groups, and compensation fringe benefit levels have been determined for all other employees as well . It is now necessary to amend the budget and appropriate funds in the amount of $1 ,219,000 to cover these increases. FISCAL IMPACT: $6,860 to be appropriated from the Parking Meter Fund; $6,410 from the Transit Fund; $23,260 from the Central Garage Fund; and $1 ,182,470 to be appropriated from the unappropriated general fund reserve to Non-Departmental Account No. 100-0730-5101 . 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. Da tod � -ate rm A-113 (Rev. 11/79)