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HomeMy WebLinkAboutCC RES 98-012RESOLUTION NO.98-12 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, AMENDING THE FISCAL YEAR 1997-98 BUDGET AS A RESULT OF MID -YEAR ADJUSTMENTS. WHEREAS, as a result of a Mid -year review of the budget, it is desirable to revise the 1997-98 Budget; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Palm Desert, California, that the 1997-98 Budget is hereby revised as follows: 1. The amounts shown in the column entitled "Revised Appropriations" in the table entitled "City of Palm Desert, Mid -Year 1997-98 Budget Review, Revised Appropriations Operating Budget", attached hereto as Exhibit "A", are hereby appropriated to the departments, activities and projects identified therein as the Operating Budget for 1997-98. 2. The amounts shown in the column entitled "Revised Estimated Revenue" in the table entitled "City of Palm Desert, Mid -Year 1997-98 Budget Review, Revised Estimated Revenues", attached hereto as Exhibit "B", are hereby accepted as the Estimated Revenues for the 1997-98 Fiscal Year for each fund and revenue source. PASSED, APPROVED AND ADOPTED at the regular meeting of the Palm Desert City Council held on this 12th day of February, 1998, by the following vote, to wit: AYES: BUFORD CRITES, JAMES FERGUSON, RICHARD KELLY, JEAN BENSON NOES: NONE ABSENT: BOB SPIEGEL ABSTAIN: NONE BENSON, MAYOR ,—/ SHEILA ILLIGAN, CkT CLERK CITY OF PALM DESER , ALIFORNIA [THIS PAGE HAS BEEN INTENTIONALLY LEFT BLANK] Mil C r- RES: 98-12 Exhibit "A" CITY OF PALM DESERT MID -YEAR 1997-98 BUDGET REVIEW REVISED APPROPRIATIONS OPERATING BUDGET FUND/ ORIGINAL REVISED CHANGE DEPARTMENT APPROPRIATIONS APPROPRIATIONS INC/(DEC) GENERAL FUND City Clerk $ 519,800 $ 519,800(1) $ -0- City Manager 265,700 265,700(1) -0- Administrative Svc 322,483 322,483 18,000 Human Resources 336,600 336,600 12,100 Police Services 6,586,700 6,676,700 90,000 Public Works 1,457,400 1,464,300 6,900 Street Maint. 1,549,075 1,549,075(1) -0- Hauteline 102,700 116,700 14,000 Business Support 314,300 329,300 15,000 Env. Conservation 267,000 269,500 2,500 General Services 365,300 478,900 113,600 GENERAL FUND NET CHANGE 272,100 OFFICE COMPLEX Office Complex LIBRARY FUND Library 344,747 344,747(1) 290,000 290,000(1) (1)No increase in department budget, transfer of budget from one account to another. (2)Transfer from PERS Retirement to new account called Retiree Health -0- -0- i 1 RES: 98-12 Exhibit "B" CITY OF PALM DESERT MID -YEAR 1997-98 BUDGET REVIEW REVISED ESTIMATED REVENUES FUND/ ORIGINAL REVISED CHANGE REVENUE ESTIMATED REVENUE ESTIMATED REVENUE INC/(DEC) GENERAL FUND: Unsecured Taxes 64,800 87,000 22,200 Property Transfer Tax 200,000 250,000 50,000 Sales Tax 8,800,000 9,200,000 400,000 Transient Occupancy Tax 5,000,000 5,300,000 300,000 Building Permits 500,000 800,000 300,000 Grading Permits 30,000 150,000 120,000 State Mandated Costs 5,000 34,000 29,000 Plan Check Fees 320,000 500,000 180,000 Subdivision Fees 65,000 165,000 100,000 Cops Funding Grant AB3229 -0- 77,000 77,000 GENERAL FUND NET CHANGE 1,578,000 3 3