HomeMy WebLinkAboutCC RES 07-08RESOLUTION NO. 07- 8
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF PALM DESERT, CALIFORNIA, AMENDING THE FISCAL YEAR 2006-07
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 2006-07 Budget;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Palm Desert, California, that the 2006-07 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 2006-07 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 2006-07.
2. The amounts shown in the column entitled "Revised Estimated
Revenue" in the table entitled "City of Palm Desert, Mid -Year 2006-07
Budget Review, Revised Estimated Revenues", attached hereto as Exhibit
"B", are hereby accepted as the Estimated Revenues for the 2006-07 Fiscal
Year for each fund and revenue source.
PASSED, APPROVED AND ADOPTED at the regular meeting of the Palm
Desert City Council held on this8th day of February, 2007, by the following
vote, to wit:
AYES: BENSON, FINERTY, SPIEGEL, and KELLY
NOES: FERGUSON
ABSENT: NONE
ABSTAIN: NONE
RI HARD S. KELLY, MAYOR /
ATTEST:
HE _LE D. KLASSN, CITY CLERK
CITY OF PALM DESERT, CALIFORNIA
RF,SOLUTION NO.. 07-8
FUNDI3gpART ENT::...
GENERAL FUND:
Community Promotions
Shopper Hopper
Building & Safety
Prof - Engineering
Total Building & Safety
Corporation Yard
Hazardous Waste
Total Corp Yard
Civic Center Parks
Travel & Meeting Costs
Professional Services
Civic Center Parks
Building Maintenance
TOTAL GENERAL FUND:
CITY OF PALM DESERT
MID -YEAR 2006-2007 BUDGET REVIEW
REVISED APPROPRIATIONS
CrH NG
!NCI e
OTHER FUNDS APPROPRIATION NEEDED:
Replacement Reserve
Art in Public Places
Art Repair & Maintenance
El Paseo Assessment
Capital Proj - Fayade
V!
l'tONS
121,000 Art of Food & Wine Festival extra cost for first event
25,000 New Contract with Sunline to cover extended time
146,000
EXHIBIT "A"
100,000 Engineering needed for unanticipated level of construction
100,000
10,000 Due to higher amount at the New Corp Yard Building
10,000
2,500 Additional travel costs
30,000 Appraisal review of CVPRD Golf Course & Consultant cost
for pro -forma plan for parks/parks survey.
32,500
22,000 Temporary Help needed
22,000
310,500 I
120,000 Replace two fleet trucks & Traffic Signal Bucket Truck
105,000 El Paseo Exhibition & Freedom Park Veteran's Mem
37,000 Painting & Restoration of Desert Dessert, Peace Memorial
& Embracing the Desert relocation/de-installation
35,000 Additional advertisement approved by their board
200,000 Additional applicatioins for Facade Program
RESOLUTTON NO. 07-8
CITY OF PALM DESERT
MID -YEAR 2006-2007 BUDGET REVIEW
REVISED ESTIMATED REVENUE
T-JND/REVENUE CHANGE REVISED
INC/(DEC) ESTIMATED REVENUE
GENERAL FUND:
Property Taxes 500,000 Due to all the Building Activities
Total General Fund Revenue 500,000 I
Exhibit "E"