HomeMy WebLinkAboutCC RES 08-085RESOLUTION NO. 08-85
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF PALM DESERT, CALIFORNIA, AMENDING THE FISCAL YEAR 2007-08
BUDGET AS A RESULT OF YEAR-END ADJUSTMENTS.
WHEREAS, as a result of a Mid -year review of the budget, it is desirable to
revise the 2007-08 Budget;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Palm Desert, California, that the 2007-08 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 2007-08 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 2007-08.
2. The amounts shown in the column entitled "Revised Estimated
Revenue" in the table entitled "City of Palm Desert, Mid -Year 2007-08
Budget Review, Revised Estimated Revenues", attached hereto as Exhibit
"B", are hereby accepted as the Estimated Revenues for the 2007-08 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 28th day of August, 2008, by the following vote, to wit:
AYES: FERGUSON, FINERTY, KELLY, SPIEGEL, and BENSON
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
ATTEST:
JE7 M. BENSON, MPOR
RA HELLE D. KLASSE1', CITY CLERK
CITY OF PALM DESERT, CALIFORNIA
FUND/DEPARTMENT
GENERAL FUND:
City Council
City Manager
Legal Services
Finance
General Services
Police Services
Public Works Admin.
Street Resurfacing
Park Maintenance
Planning & Comm. Dev
Marketing
Office of Energy
City Clerk
TOTAL GENERAL FUND:
CDBG Fund
President Plaza Parking I
President Plaza Parking III
Alessandro Alley BID
Section 29 BID
CITY OF PALM DESERT
YEAR-END 2007-2008 BUDGET REVIEW
REVISED APPROPRIATIONS
CHANGE
INC/(DEC)
REVISED
APPROPRIATIONS
RESOLUTION 08-85
EXHIBIT "A"
30,000 Retirement Contribution and Health Benefit Increases
95,000 Salary Increase and Retirement Contribution Increase
380,000 Additional Legal Billings up to June
50,100 Salary Increase and Retirement Contributions
55,000 Sales Tax Audit Findings
(1,000,000) Vacant Sheriff Deputy positions
90,000 Salary Increase and Retirement Contributions
(1,220,100) Unspent Street Resurfacing Funds
(750,000) Unspent Park Maintenance Funds
(200,000) Unspent Comm. Dev. Funds
105,000 Portion of 200,000 that was added during Budget Session
80,000 Salary and Retirement Contribution Increase
60,000 Salary and Retirement Contribution Increase
I (2,225,000)1 Estimated General Fund Expenditures = 49 Million
Versus Original Budget of 52 Million
146,000
23,000
5,000
3,000
13,500
Electric and Trash Cost increases
Electric and Trash Cost increases
New District
New District