HomeMy WebLinkAboutRES 2022-0101 RESOLUTION NO.2022-10
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT,
CALIFORNIA, AMENDING THE FISCAL YEAR 2021-22 BUDGET AS A RESULT OF
MID -YEAR ADJUSTMENTS
WHEREAS, as a result of a mid -year review, it is desirable to revise the FY 2021-
22 Budget;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Palm
Desert, California, that the FY 2021-22 Budget is hereby revised as follows:
1. Each of the amounts shown in Exhibit A, attached hereto, in the General Fund
Revenue column entitled 'Revised Budget Request", are hereby accepted as
the revised Estimated Revenues for the identified revenue categories.
2. Each of the amounts shown in Exhibit A, attached hereto, in the General Fund
Expenditure column entitled 'Revised Budget Request", are hereby adjusted
and appropriated to the departments, activities and projects identified therein
as the revised budgets.
' PASSED, APPROVED AND ADOPTED at the regular meeting of the Palm Desert City
Council held on this 10th day of February, 2022, by the following vote, to wit:
AYES: JONATHAN, KELLY, NESTANDE, QUINTANILLA, AND HARNIK
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
JAN C. HARNIK, MAYOR
C
ATTEST:
NIAMH M. ORTEGA, DE TY CITY CLERK
CITY OF PALM DESERT,
City of Paim Desert
Mid -Year Budget Adjustments
Exhibit A
Fiscal Year 2021-22
Proposed
Revised Budget
General Fund
Adjustment
Request
Category
Request
Account
Number
Revenue
Sales Tax
$
3,150,000
$ 23,029,000
1100000
3133000
Transient Occupancy Tax (TOT)
$
3,200,000
$ 12,332,678:
1100000
3188300
Short-term rental TOT
$
500,000
$ 1, 700,000.
1100000
3188330
Building Permits
$
400,000
$ 1,243,550
1100000
3221100
Encroachment Permits
$
120,000
$ 160,000
1100000
3221500
Subdivision Fees
$
100,000
$ 350000
1100000
3411200
Plan Check Fees
$
250,000
$ 430,100
1100000
34114M
Code Compliance Inspection Fee
$
30,000
$ 130,000:
1100000
3422400
Total Revenue Adjustment Request
$ 7,750,000
Proposed
Revised Budget
General Fund
Adjustment
Request
Category
Request
Account
Number
Expenditures
Required Retirement Contribution
$
(350,000)
$ 3,186.040.
1104159
4101500
Capital Office Equipment - Computers
$
135,000
$ 145.000.
1104190
"Woo
R/M Buildings
$
100,000
$. 186,000
1104UD
4331000
Professional Other - Building and Safety
$
450,000
$ 451,000.
1104420
4309000
Professional Other- Day Services
$
150,000
$ 293,961'.
1104430
4309000
Professional Econ Development
$
50,000
$ 75,000
1104430
4309102
Professional Other - Planning
$
100,000
$ 237939
1104470
4309000
Total General Fund
Appropriation Requested for Mid -Year
$ 636000
REVISED GENERAL FUND REVENUE AND EXPENDITURES
1
Revised General Fund Revenue
Revised General Fund Appropriations 2021-22
63256, 104
63,139,545
Revised General Fund Revenue Overt(Under) Expenditures
$ 115 559