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HomeMy WebLinkAboutCC RES 03-015RESOLUTION NO. 03-15 A RESOLUTION OF THE CITY COUNCIL OF THE CITY" OF PALM DESERT, CALIFORNIA, AMENDING THE FISCAL YEAR 2002-03 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 2002-03 Budget; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Palm Desert, California, that the 2002-03 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 2002-03 Budget Review, Revised Appropriations Operating Budget", attached hereto as Exhibit "A", are hereby appropriated to the departments, activities and projects i dentified therein as the Operating Budget for 2002-03. 2. The amounts shown in the column entitled "Revised Estimated Revenue" in the table entitled "City of Palm Desert, Mid -Year 2002-03 Budget Review, Revised Estimated Revenues", attached hereto as Exhibit "B", are hereby accepted as the Estimated Revenues for the 2002-03 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 13th day of February, 2003, by the following vote, to wit: AYES: CRITES, FERGUSON, KELLY, SPIEGEL, BENSON NOES: NONE ABSENT: NONE ABSTAIN: NONE BENSON, MAYOR ATTEST: f%1‘TIM. , ss RACHELLE KLASSE , CITY CLERK CITY OF PALM DESERT, CALIFORNIA FUND/ RES: 03-15 Exhibit "A" CITY OF PALM DESERT MID -YEAR 2002-03 BUDGET REVIEW REVISED APPROPRIATIONS OPERATING BUDGET ORIGINAL REVISED CHANGE DEPARTMENT APPROPRIATIONS APPROPRIATIONS INC/(DEC) GENERAL FUND City Clerk 361,958 365,458 3,500 Outside Agency Funding 490,500 526,500 36,000 Legislative Advocacy 67,000 71,000 4,000 Human Resources 744,555 776,055 31,500 Visitor Center 341,553 351,553 10,000 Building & Safety 1,649,667 1,659,667 10,000 Development Services 575,715 577,115 1,400 Land Purchase -0- 2,112,346 2,112,346 GENERAL FUND NET 2.208,746 ALL OTHER FUNDS: Park Fund (Civic Center Park Imnrov.) 50,000 Gas Tax Fund (Traffic Congesion Grant) 105,517 C.D.B.G. Fund (Low Income Housing Admin) 52,500 Police Grant Fund (Federal &State Grants) 58,700 Capital Improvement Fund(Facade Improv.) 350,000 New Construction Tax (Historical Society) 4,000 Office Complex (Roof Repairs) 265,000 RES: 03-15 Exhibit "B" CITY OF PALM DESERT MID -YEAR 2002-03 BUDGET REVIEW REVISED ESTIMATED REVENUES FUND/ ORIGINAL REVISED CHANGE REVENUE ESTIMATED REVENUE ESTIMATED REVENUE INC/(DEC) GENERAL FUND: Grading Permits 35,000 50,000 15,000 Subdivision Fees 65,000 225,000 160,000 Zoning Fees 15,000 20,000 5,000 Reimbursement from RDA -0- 2,112,346 1,412,346 Reimbursement from Mountain Conserv. 700,000 700,000 Reimbursement (Clerk Seminar) 2,000 GENERAL FUND REVENUE NET CHANGE 2.294.346 NET INCREASE TO GENERAL FUND(Revenue Less Expenditures) 85,600 ALL OTHER FUNDS: Police Fund - Federal Grant 32,986 Police Fund - City Portion of Fed.Grant 3,300