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HomeMy WebLinkAboutReso 2016-206 RESOLUTION NO. 2016-206 RESOLUTION OF THE CITY COUI�'CIL OF THE CITl' OF CHULA VISTA MAKII`'G VARIOUS AMENDMENTS TO THE FISC.AL YEAR 201�/16 BUDGET TO ADJUST FOR VAR1AIvCES AI�'D APPROPRIATING FUIvDS THEREFOR WHEREAS, the Cit}� Chaner states that at an�� meeting afrer the adoption of the budeet. the City Council ma� amend or supplement the budget bv a motion adopted by the affirmati�e ��otes of at least four members: and WHEREAS, staff has completed a ��ear-end re��ie�� and is recommendine a number of budget amendments in order to address unanticipated budget o��eraees: and WHEREAS. various transfers bern�een re��enue and e�pense categories are recommended in order to address unanticipated budget overages and ensure correct accurate vear-end reporting; and W"HEREAS, staff is recommendine various appropriations and/or transfers bet���een expenditure categories ti�ithin General Fund Departments to mitigate o��eraees N�ithin espenditure categories that result in no net impact as the recommended adjustments to this fund are either revenue off-set or neutral as a result of expendimre or re�-enue transfers ��ithin expendimre cateeories; and �'�'HEREAS, the adjustments in the General Fund also include a transfer from the Museum Demolition NomCIP Project to the Ci��ic Center Librarv Remodel Non-CIP Project in the amount of$20,031 that results in a no net impact to the General Fund; and Vl%HEREAS_ the Supplemental La�a Enforcement Services Fund. Police Grants Fund. RDA 2008 TARBS Project Fund — SA, and the Bicyde Facilities Fund �aill be negati��elv impacted due to adjustments that ���ill decrease revenues or additional appropriations that ��ill be made from the a��ailable balances of these funds: and WHEREAS. the AD97-2 Fund and the Equipment Replacement Fund ���ill be positiveh impacted as a result of increased re��enues resultine from the recommended changes: and A�HEREAS, the recommended adjustments to the Asset Seizure Fund, the Transit Capitai Projects Fund. the Trunk Se���er Capital Resen�e and the TUT Common Fund consist of off- setting transfers bet�veen e�penditure categories and are neuval resultine in no net impact to these funds: and �\rHEREAS. staff is recommendine bud�et amendments needed in order to brine the bud�et in line �+ith the recommended transfers in and transfers out needed for the inter-fund loan repa��menu thus alianin� the bud�et �vith the updated loan repa�ment schedules ��ith said budvet adjustments reflectin� reductions ���here possible to miti�ate the fiscal impact; and Resolution No. 2016-206 Page No. 2 WHEREAS, in additio❑ to formulating the recommended budget adjustments for the inter-fund loans, staff also made various balance sheet adjustments to align the accounting with the updated loan repayment schedules; and WHEREAS, the appropriations for bank and investment services costs are administrative in nature and will be made from the available balances of the affected funds and therefore resulting in a more accurate accounting of these expenses. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, that it does hereby amend the Fiscal Year 2015/2016 budget and approve the following appropriations: Summary of General Fund Appropriations and/or Transfers �: . l_ gl�-� �.l:_.:'I l4 i �-..:.a�i 3r.�'. • �r . . �g�' :'r „C.- i l.n.. - Ch a � 1 '� ..ara •a� }� � . � . _ _._. :. � . . • NIOn-0¢odRm¢nlal �5��101 OW�.$ 304,81�]�$ __$ �136787) $ .$ $____ $ .. $ �—$ —.�. Y_ _ IAdminizta[on $ (Z6100) $ 26,100 S 5 5 _5___ 5 5 � 5 5 p � � _$ !$_?85803 $ $ 326333 $ 316,333 �$ �ofce .5?33400.5 55,200 5 106,100 5 �.5 1�5188) 5 �158,212) 5,__^_5 163300_5 S 163300_ F e _i$_(56350�r$ _86.920i5 $ .5 �23320�i$..__ 5 .$ ],250 $ ],250 S - PublicWOrks 151129400�F$ 179,400�5 5 5�000 5 (213300�I_$ _ -5 5 (163,300) 5 . $ �163,300�, .aecrea(on !5 +5 130,5ooli 5 3o.sm.5 'S .5 5 �5 5 5 ITOTALGENERALFUND �$ (�94���$ �.93)1$ 138600' $ (��1F $ (311,808��$ 12]591 $ �$ 3335fli $ 333,583 $ i �.2 ��IA Y J .:I:O n...:P�'y�P� .'1 ._ . ,;�;�.�v I • �4125270300 Mueseom Demolition ^�'Y$ •�?0,031�I$______- �I $ �20,031�i r'_'—__"___"_"__"—___ _�__—1 !41263a1300.GvicCen[erlibraryPemodel ' S 20,031�5 i S 20,031 i I TOTALGENEIIALFUND S �S �S Summary of Appropriations and/or Transfers for Other Funds . �� �Y' �'�.A� i -� ��,� ,�' . � -:.� a ti.l p • E � .�'i.7 � �:�'�.��. b , ,;Yh� _ ,�. ` �I�, , . ror:or.:.�,or.wrd � 5 I s � a I 5 11a.e.��1 5 I 5 ia,ws I s �• 5 ' S 5 Sup>Ixnen:alawEoior.emxn: �'---_'__—_—_�--.� ,_'__'"__--_'_—"_'—_"_'_"" —'_-- '_--__—'__—_ i . Seni;es_ur_ISLESFj___ _� --�� �__— 5 __i 5 _ ;5 _ � S 6,�f1 5 __ � 5 >.SSi. c < ,i=1 �oli:e DeF C a .PUnc _ _ � � � 5 '__ 5 —� g _ 'S " 5 "_ -- 5 _ —_-. 5 ( °L'Jl�`5 S .'�i __ _' . ___ _'— .__ " "_.: _"" . ._ .. _ ._ - _ '_ �. . . . _ ..-. assx:seimre I > ' I�kU�' S ' S :S.'�OC� 5 � 5 'S � : 5 , 5 S � Eqci2mer:YetFepla:eaer.,F,:c 5 �� 5 � 5 ____5 � 5 �5�— 5 _ 5 5 3C.ii5 < IIC_035j _—_ __ ___ "_ ira^sr.CapralCr:jec< �. 5 - ' S `�Y+� S - 5 �SJ.ttO); S � 5 5 - 5 � 5 ___5 _ _- " " ' .' _- ____.- . . .. _....__ ._.._. —. _ . _. irmkiewerCaprtalRes^nx c - : c :5�r'I� c (I5.?SJ)� 5 ... .--r5 � , 5 - ' S - . 5 . c . $ . " --_"---'_'� r__'_'_—_—'_—________—_—_—�'_'_'_"'__"__"—_'____.__—"__.__—_---.. dh.a7-Z . 5 i c . i 5 I 5 - 5 � 5 . i 5 5 :bi.SJ3 5 RSS.SJ3) FDd3"OcT.RS_ccrejfuna-Sd __'«C'_—_;S '_-- � [ a.50.�I 5 _'_ 5—'.�_5'_'_'_—`c --_"5—_'�'di,i 5_'--<c_�.' _ "_'_ —__."_—� —__ �y1- _ _-- ._-- ___'__ 6iodeF;tiG9e5FUnc �5 • 5 li?l+ 5 . 5 - 1 5 ' S � 5 5 li,ZL'� 5 . 5 li,i:5 TOTAIOTH:XFUNDS $ � $ SJ,SSS� $ (9,380�� $ �15.035�i $ '� $ 16,9J6 $ $ D.ESE� $ 10.f.56) $ (l1i,911�i Resolution No. 2016-206 Paee No. 3 Summarv of Inter-Fund Loan Adjustments - �. �� ' - :� � � _n.:.R-.: a," � r..__ y"'; <'.� .�.�a� � Non=Departmenta1�53B3) � �I 5 i - I 5 - � 5 - � 5 - 5_ ••• iSrormDrainRevenue � 5 (100,000�r5 G87,60DT5 387,600 5 5 3fi7_600 • TmnkSewer WOital Reserve ! 5 ii $ ' S Sd,605105 5�4,605.145) rSewerFaoliryReplacement ! 5 I 5 140_I S _ 140 5 1165% 5 �ll6,456�� rSalc Geek Sewer easin DIF i 5 - I $3,affi,000�$3,a85,000 5 2,525+5 3,482,475 I Long-term Advances DSFCiry � 5 - � 51,970,436�S 1,970,436 5 7�,424 'S 1,182,012 � 200000PCivCirProj Phase I i 5 - � 5 - I $ 5 (38�) 5 3g3 . '. FireSuppre55ion5ysExpansion IS �5113082d�51,13082A 5 51130,82a � TransportationDlF I 5 � 5 256 5 256 51,562030 5(1561,774) � ParklandACquisitionFUnd � 5 }I 5 dl 5 41 5 29D000 5 �R89,959) i Wesrern Park Acqvisinon&Dev � 5 I 5 290.000 5 290.000 5 � 5 290.000 � TOTAIALLFUNDS : $ (100,000�I $7,369,2971$7,269,29] $].364,297 � $ (lOD,000) Summar�� of Appropriations Investment and Banl:ine Sen ices Costs '�_�� !� �,�,_ � : _ � -,��.__. `Y--'=et- . i"� . > >'+i'' � . GasTa. v 5 2,067 5 1,161 5' 3.228 5 ' S 3.278 Sewerinmme 5 942 5 529 5 1,d71 5 �5 1,a71 �Sewer Fatlliry ReDlacement 5 SA21 � 5 3,0a5 5 8,a66�^5 ?5 S,a66 �OVRdFeeRemveryDisVia � 5 434 5 434 5 - I5 434 _'____" _' "' _ _____ _ ___' _ . _." " ' . _ ; !ELGreen511AD9a-11mpK 5 534_$ 300 5 83< . 5 - �. 5 836 Te�eCynOrainage_DIF 5 2,300 5 _3,180_5 3,280 5 - � 5 3,2� _—_ � — — . _— _—_ _ _ 4PFDIF�CivicCenterExpansion _5_ 2,234 � 5 1,254 5 3,488. 5 - � 5 3,458 ICOrporacionYardRelow[ion S 641 5 360 5 1.001 �� 5 � � 5 i,00i _ '__— . _...—_ ' _ _'__+-__—_ 'librarylorEasremTerrirory___5 __6,387_5 3,58) 5_ 9,974 5 j5 9,974� �_"_ — . "_ _ " _ _ _"' __ iOtay Ra Vlg 1,5&6 Ped erid DIF 5 533' S 300 5 833 5 � 5 833 iTOTALALLNNDS $ 21,293' $ 13,716 $ 33,009 $ � $ 33,009 Presented b�� Appro�ed as to form b�� �, �. • �/ - •�; , ��' David Bilby_ MSBA, C%PFO C�1en R. Googins � Director of Finance/Treasurer Cin��A�� e�� Resolution No. 2016-206 Page No. 4 PASSED_ APPROVED, and ADOPTED b}� the City Council of the City of Chula Vista, California, this ] ]th day of October 2016 b�� the following vote: AYES: Councilmembers: Aguilar, Bensoussan, McCann, Miesen, and Salas NAYS: Councilmembers: None ABSENT: Councilmembers: None `� ��� � Mary alas, Mayor ATTEST: � � �� �� Donna R. Norris, CMC; City Clerk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) C[TY OF CHULA VISTA ) I, Donna R. Norris, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2016-206 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 1 1 th day of October 2016. Executed this 11 th day of October 2016. �� �� Donna R. Norns, CMC, Ciry Clerk