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HomeMy WebLinkAboutReso 2010-249RESOLUTION NO. 2010-249 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AMENDING FISCAL YEAR 2009/2010 BUDGET IN ACCORDANCE WITH THE COUNCIL POLICY ON FINANCIAL REPORTING AND TRANSFER AUTHORITY WHEREAS, the City's General Fund ended the Fiscal Year 2009/2010 with an available balance of $10.2 million or 7.3 percent of the Fisca] Year 2010/2011 operating budget; and WHEREAS, all General Fund departments with the exception of Fire will come in at or below budget; and WHEREAS, the Fire Department is over budget by a total of $690,356; and WHEREAS, the Fire Department overage will be covered by a combination of expenditure savings within the department's budget and transfers from the Police and Public Works departments; and WHEREAS, for government entities, a budget creates a legal framework for spending during the Fiscal Year; and WHEREAS, after the budget is approved there are circumstances which arise that could require adjustments to the approved budget; and WHEREAS, Council Policy 220-02 "Financial Reporting and Transfer Authority," was established in Januazy of 1996 and allows for budget transfers to be completed; and WHEREAS, the City Manager is authorized to complete budget transfer requests within departments that aze $15,000 and below; and WHEREAS, City Council approval is required for budget transfers between departments and/or for amounts greater than $15,000; and WHEREAS, the recommended General Fund transfers can be done using existing appropriations. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista does hereby amend Fiscal Yeaz 2009/2010 Budget in accordance with the Council Policy on Financial Reporting and Transfer Authority by authorizing the transfer of $445,695 from Public Works Personnel Services, $246,000 from Police Personnel Services, $46,000 from Fire Utilities, and $28,000 from Fire Supplies and Services to Fire Personnel Services ($752,725) and Fire Other Expenses ($12,970). Resolution No. 2010-249 Page 2 Presented by `~/ M a Kachadoorian Dir ctor of Finance Approved as to form by Bart C. Miesf City Attorney PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 26th day of October 2010 by the following vote: AYES: Councilmembers: Bensoussan, Castaneda, McCann, Ramirez and Cox NAYS: Councilmembers: None ABSENT: Councilmembers: None Cheryl Coz , Mai or ATTEST: Donna R. Norris, CMC, City Clerk STATE OF CALIFORNIA COUNTY OF SAN DIEGO CITY OF CHULA VISTA I, Donna R. Noms, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2010-249 was duly passed, approved, and adopted by the City Council at a regulaz meeting of the Chula Vista City Council held on the 26th day of October 2010. Executed this 26th day of October 2010. ~~ ~ 0 Donna R. Norris, C C, City Clerk