HomeMy WebLinkAboutReso 2005-317
COUNCIL RESOLUTION NO. 2005-317
(AGENCY RESOLUTION NO. 1926)
JOINT RESOLUTION OF THE CITY COUNCIL AND THE
REDEVELOPMENT AGENCY OF THE CITY OF CHULA
VISTA AMENDING THE FISCAL YEAR 2004-2005 BUDGET
IN ACCORDANCE WITH THE BUDGET TRANSFER POLICY
AND APPROVING ADDITIONAL APPROPRIATIONS IN
VARIOUS FUNDS
WHEREAS, the Council Policy on Financial Reporting and Transfer Authority requires
that all departments complete the fiscal year with a positive balance in each budget summary
category (Personnel Services, Supplies and Services, Other Expenses and Capital); and
WHEREAS, as part of the budget process, all departments projected their total
expenditures for the fiscal year; and
WHEREAS, in the Third Quarter Status report, Council was advised that. all General
Fund departments with the exception of Police and Fire, would end the fiscal year within their
approved expenditure budgets; and
WHEREAS, the remaining General Fund departments, with the exception of the City
Clerk, did achieve expenditure savings through a combination of both positive and negative
expenditure account variances within the budgetary categories; and
WHEREAS, the City Clerk's office exceeded its budget in the Personnel Services
category ($27,375) due to the hiring of the Senior Deputy City Clerk, which subsequently
provided assistance to the Finance Department in setting up a filing system; and
WHEREAS, Community Development exceeded its Services and Supplies budget by
$42,180, primarily due to the payment of Fiscal Year 2004 administrative fees to the City of San
Diego for the Enterprise Zone; and
WHEREAS, staff recommends a budget transfer horn the Finance Department's budget,
in the amount of $27,375, to offset the overage in the City Clerk's office budget, and a budget
transfer horn the Community Development personnel budget to its Supplies and Services budget,
in the amount of$42,180; and
WHEREAS, additional appropriations are necessary for the following funds:
e $163,260 from the Community Development Block Grant Program Income Fund to
e$55,060 horn Pumped Sewer Development Impact Fee to Other Expenses;
e$20,220 horn Poggi Canyon Sewer Basin Development Impact Fee to Other Expenses;
Resolution No. 2005-317
Page 2
e$65,820 from Salt Creek Sewer Development Impact Fee to Other Expenses;
e $53,030 from 2000 Corporation Yard Certificate of Participation to
e$45,259 trom Southwest Pass Through Funds to Other Expenses;
e$267,260 from Merged Redevelopment Project Area Fund to Other Expenses.
WHEREAS, the recommended budget transfer in the General Fund and the
Redevelopment Agency Merged Project Fund will be covered by savings achieved within their
approved budgets and therefore there is no fiscal impact to their reserves; and
WHEREAS, the net fiscal impact resulting from additional appropriations III the
remaining funds will be $669,909 and in all cases will be funded by available reserves.
NOW, THEREFORE, BE IT RESOLVED that the Redevelopment Agency and the City
Council of the City of Chula Vista do hereby amend the Fiscal Year 2004-2005 budget in
accordance with the Budget Transfer Policy and by approving additional appropriations in
various funds.
Presented by
Approved as to form by
~"\'0N\.~ ~~~~
Ann Moore
City Attorney and Agency Counsel
Mari Kachadoorian
Fin ce Director and Agency Treasurer
Resolution No. 2005-317
Page 3
PASSED, APPROVED, and ADOPTED by the City Council and the Redevelopment
Agency of the City of Chula Vista, California, this 13th day of September 2005, by the following
vote:
AYES:
Agency/Councilmembers: Castaneda, McCann, Rindone, and
Padilla
NAYS:
Agency/Councilmembers: None
ABSENT:
Agency/Councilmembers: Davis
xLi~u?@
Stephen C. Padilla, Mayor/Chair
ATTEST:
~'Lu iL05~/~
Susan Bigelow, MMC, City erk
STATE OF CALIFORNIA
COUNTY OF SAN DIEGO
CITY OF CHULA VISTA
)
)
)
I, Susan Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing City
Council Resolution No. 2005-3 I 7/Redevelopment Agency Resolution No. 1926 was duly
passed, approved, and adopted by the City Council and Redevelopment Agency at a regular
meeting held on the 13th day of September 2005.
Executed this 13th day of September 2005.
:::- ~tu--l~~~
Susan Bigelow, MMC, City Clerk