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HomeMy WebLinkAboutCC RES 2015-08RESOLUTION NO. 2015- 08 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, AMENDING THE FISCAL YEAR 2014-15 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 2014-15 Budget; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Palm Desert, California, that the 2014-15 Budget is hereby revised as follows: 1. The amounts shown in the column entitled "Proposed Budget Adjustment" in the table entitled "City of Palm Desert, Mid -Year Budget Adjustments (Appropriations), Fiscal Year 2014-2015", attached hereto as Exhibit "A", are hereby appropriated to the departments, activities and projects identified therein as the Operating Budget for 2014- 15. 2. The amounts shown in the column entitled "Revised Estimated Revenue" in the table entitled "City of Palm Desert, Mid -Year Budget Adjustments - Revenue, Fiscal Year 2014-2015", attached hereto as Exhibit "B", are hereby accepted as the Estimated Revenues for the 2014-15 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 12th day of February, 2015, by the following vote, to wit: AYES: HARNIK, JONATHAN, SPIEGEL, TANNER, and WEBER NOES: NONE ABSENT: NONE ABSTAIN: NONE Susan Marie Weber, Mayor ATTEST: RACHELLE D. KLASSEN-CITY CLERK CITY OF PALM DESERT, CALIFORNIA RESOLUTION NO. 2015-08 [This page has intentionally been left blank.] Resolution No. 2015-08 City of Palm Desert Mid -Year Budget Adjustments (Appropriations) Fiscal Year 2014-2015 Proposed Budget Department Category Adjustment Building & Safety Marketing Human Resources Community Development Professional Services - Architectural/Eng $ 60,000 Total City Clerk $ 60,000 Marketing -advertising Media Buys $ 270,000 Brightside Newsletter $ 10,125 Total Marketing $ 280,125 City -Wide Training $ 20,000 Total Human Resources $ 20,000 Affordable Housing/Millenium Plan $ 55,000 Total Community Development $ 55,000 Total General Fund Appropriations Revised General Fund Approp. Other Funds: El Paseo BID: District Advertising 1 $ 415,125 $ 48,665,671 $ 5,000 I Exhibit A Resolution No. 2015-08 City of Palm Desert Mid -Year Budget Adjustments - Revenue Fiscal Year 2014-2015 Exhibit B Revised Estimated GENERAL FUND Revenues Transient Occupancy Tax (Includes Short Term Rental) $ 800,000 Sales Tax $ 150,000