HomeMy WebLinkAboutReso 2007-057
RESOLUTION NO. 2007-057
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA APPROPRIATING $450,000 FROM THE
AVAILABLE BALANCE OF THE GENERAL FUND TO THE
FIRE DEPARTMENT PERSONNEL SERVICES BUDGET FOR
COSTS RELATED TO OVERTIME
WHEREAS, the City General Fund ended the Fiscal Year 2006 with an available balance
of$14.9 million or 8.8% of the operating budget; and
WHEREAS, based on updated revenue projections and the implementation of the
citywide contingency plan, the General Fund reserves are projected at 8.5% or $14.4 million, a
slight decrease of 0.3%, or $498,702, from the prior fiscal year; and
WHEREAS, the reserves were predicted to drop in the first quarter financial status report
primarily because of a shortfall in development revenues; and
WHEREAS subsequent to that report a development fee study was completed and
approved on January 23, 2007; and
WHEREAS, the new fee schedule becomes effective March 26, 2007; and
WHEREAS, the development services departments have incorporated the new fee
structure in to their projections; and
WHEREAS, since the first quarter report, the projected impact to reserves of $602,749
has been reduced to $498,702; and
WHEREAS, the slight reduction in reserves is due to a number of factors the most
significant being the quantification of Fire Department overtime usage; and
WHEREAS, the Fire Department and the Office of Budget & Analysis have conducted a
review of Fire overtime usage; and
WHEREAS, based on year to date overtime usage, the Fire Department is anticipating
budgetary overages of approximately $450,000 related to overtime.
Resolution No. 2007-057
Page 2
NOW THEREFORE, BE IT RESOLVED that the City Council of the City of Chula
Vista appropriates $450,000 from the available balance of the General Fund to the Fire
Department personnel services budget for costs related to overtime.
Presented by
Approved as to form by
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Mana achadoonan
Finance Director/Treasurer
~~~~,
Ann Moore
City Attorney
PASSED, APPROVED, and ADOPTED by the City Council of the City ofChula Vista,
California, this 6th day of March 2007 by the following vote:
AYES:
Councilmembers:
Castaneda, McCann, Ramirez, Rindone, and Cox
NAYS:
Councilmembers:
None
ABSENT:
Councilmembers:
None
Cheryl co~
ATTEST:
d~ ~~
ct- Susan Bigelow, MMC, City Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO )
CITY OF CHULA VISTA )
I, Susan Bigelow, City Clerk of Chula Vista, California, do hereby certif'y that the foregoing
Resolution No. 2007-057 was duly passed, approved, and adopted by the City Council at a
regular meeting of the Chula Vista City Council held on the 6th day of March 2007.
Executed this 6th day of March 2007.
J~ ,;(~
t/-z.- Susan Bigelow, MMC, City Clerk