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HomeMy WebLinkAboutCC RES 99-083RESOLUTION NO. 99-83 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, AMENDING THE FISCAL YEAR 1998-99 BUDGET AS A RESULT OF YEAR-END ADJUSTMENTS. WHEREAS, as a result of a Year -End review of the budget, it is desirable to revise the 1998-99 Budget; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Palm Desert, California, that the 1998-99 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 1998-99 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 1998-99. 2. The amounts shown in the column entitled "Revised Estimated Revenue" in the table entitled "City of Palm Desert, Mid -Year 1998-99 Budget Review, Revised Estimated Revenues", attached hereto as Exhibit "B", are hereby accepted as the Estimated Revenues for the 1998-99 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 26th day of August, 1999, by the following vote, to wit: AYES: Benson, Crites, Ferguson, Kelly, Spiegel NOES: None ABSENT: None ABSTAIN: None ROBERT A. SPIEG L, YbR SHEILA R. GIL . AN, CICLERK CITY OF PALM DESERT, ALIFORNIA FUND/ DEPARTMENT GENERA] . FUND CITY OF PALM DESERT YEAR-END 1998-99 BUDGET REVIEW REVISED APPROPRIATIONS OPERATING BUDGET REVISED CHANGE APPROPRIATIONS INC/(DEC) Human Resources $ 465,954 Finance 787,450 City Clerk 613,220 City Council 180,846 Liabability Insurance 332,800 Prior Year -Refund of Revenue 510 Transfer Out 1,431,161 Brightside Newsletter 187,830 Building & Safety 1,424,151 Community Dev./Planning 766,027 Land Acquisition 112,934 Police Services 6,990,428 GENERAL FUND NET CHANGE(Decrease) Traffic Safety Fund Housing MitigationFund Police COPS Grant Fund Fire Facilities Fund People Mover Fund El Paseo Merchants Assoc.. Desert_ Willow Golf Course RES: 99- 83 Exhibit "A" $ 45,000 37,600 10,600 3,100 12,300* Final number not yet known 510 Due to Incurred but Not 51,100 Reported (IBNR) Claims. 20,400 9,500 52,600 (3,234,983) (1,027,13_1) (4,019,404) 137,100 125,600 78,5.00 50,509 4,452 9,126 __607,409 CITY OF PALM DESERT YEAR-END 1998-99 BUDGET REVIEW REVISED ESTIMATED REVENUES FUND/ REVISED CHANGE REVENUE ESTIMATED REVENUE INCL(DEG) GENERAL FUND: Sales Tax Transient Occupancy Tax 10,800,000 500,000 6,500,000 500,000 RES: 99-83 Exhibit "B" GENERAL FUND NET CHANGE 1,000,000