Loading...
HomeMy WebLinkAboutCC RES 00-020RESOLUTION NO. 00-20 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, AMENDING THE FISCAL YEAR 1999-00 BUDGET AS A RESULT OF THE MID -YEAR ADJUSTMENTS. Whereas, a result of a Mid -year review of the budget, it is desirable to revise the 1999-00 budget; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Palm Desert, California, that the 1999-00 Budget is hereby revised as follows: 1. The amounts shown in the column entitled " Revised Appropriations" the table entitled "Desert Willow, Mid -Year 1999-00 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 1999-00. 2. The amounts shown in the column entitled " Revised Estimated Revenue" in the table entitled " Desert Willow, Mid -Year 1999-00 Budget Review, Revised Estimated Revenues", attached hereto as Exhibit "B", are hereby accepted as the Estimated Revenues for the 1999-00 Fiscal Year for Desert Willow revenue sources. PASSED, APPROVED AND ADOPTED at the regular meeting of the Palm Desert City Council held on this 24th day of February 2000, by the following vote, to wit: ATTEST: AYES: Benson, Ferguson, Kelly, Spiegel, Crites NOES: None ABSENT: None ABSTAIN: None Rachelle D. Klassen, Acting City Clerk CITY OF PALM DESERT, CALIFORNIA 4 Resolution No. 00-20 DESERT WILLOW MID YEAR 1999-2000 BUDGET REVIEW REVISED ESTIMATED REVENUES RES: OPERATING BUDGET EXHIBIT: "B" Account Description Original Revised Change Estimated Revenue Estimated Revenue Increase (Decrease) Golf Course Fee $ 4,931,416 $ 5,045,370 $ 113,954 Cart Fee $ 349,475 $ 290,552 $ (58,923) Pro shop sales $ 541,950 $ 615,689 $ 73,739 Range Ball Fees $ 38,000 $ 30,517 $ (7,483) Food & Beverage Revenues $ 751,150 $ 709,891 $ (41,259) Learning Center-DLGA $ 403,500 $ 396,968 $ (6,532) Interest Income $ 18,000 $ 27,886 $ 9,886 Net Change $ 83,382 Expenditure Amendments;Staff Report Resolution No. 00-20 DESERT WILLOW MID YEAR 1999-2000 BUDGET REVIEW REVISED APPROPRIATIONS OPERATING BUDGET RES: Exhibit "A" Account Original Revised Change Description Appropriations Appropriations Increase (Decrease) Salaries -Golf Course Maintenance 1,451,957 1,513,059 61,102 Salaries- Golf Carts 309,355 253,537 (55,818) Salaries -Golf Shop 95,175 114,612 19,437 Salaries- Food & Beverage 366,545 392,336 25,791 Salaries- General & Administration 350,650 334,213 (16,437) )lf Course Maintenance Expenditure 1,294,670 1,417,765 123,095 Cart Expenses 412,027 402,948 (9,079) Pro Shop Expenses 37,925 46,607 8,682 Pro Shop - Costs of Goods sold 298,073 347,210 49,137 Range Expenses 30,050 26,162 (3,888) Food & Beverage expenses 79,285 106,811 27,526 Food & Beverage - Costs of Goods Sold 247,740 251,508 3,768 General & Administration Expenses 680,991 677,364 (3,627) Financing 88,073 102,569 14,496 Learning Center 350,925 345,622 (5,303) serve for replacement 205,968 489,859 283,891 Net Change 522,773 Expenditure Amendments;Stnff Report