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HomeMy WebLinkAboutRes 2010-63 - Amnd FY 2009-10 Gas Tax, GC Maint, Trffc CITY OF PALM DESERT FINANCE DEPARTMENT STAFF REPORT REQUEST: APPROVE RESOLUTION NO. 2010- 63 AUTHORIZING THE FISCAL YEAR 2009-2010 BUDGET AMENDMENT TO PROVIDE TRANSFER, APPROPRIATION AND ESTIMATED REVENUES OF UNOBLIGATED FUNDS FROM THE GAS TAX, GOLF COURSE MAINTENANCE, TRAFFIC SAFETY, CAPITAL PROJECT RESERVE AND THE GENERAL FUND AS OF JUNE 30, 2010 DATE: AUGUST 26, 2010 CONTENTS: RESOLUTION NO. 2010- 63 RECOMMENDATION: By Minute Motion, that the City Council approve Resolution No. 2010- 63 amending the 2009-10 budget to provide transfer, appropriation and estimated revenues of unobligated funds from the Gas Tax, Golf Course Maintenance, Traffic Safety, Capital Project Reserve and the General Fund as of June 30, 2010. BACKGROUND: Staff has completed a year-end analysis of the current budget and financial position of the City. The estimated revenues for the General Fund are $44 million versus estimated expenditures of $42 million. The following is an explanation of either the increase in revenue or increase in appropriation for various funds: • City Clerk As part of reorganization, staff transferred had higher health costs • Legal Services Actual cost for legal services • Community Services Vacation, sick leave, and severance payouts • Finance Vacation, sick leave, and severance payouts • Audit Actual cost of hotel audit work • Information Tech. Software purchases for security, GIS and Microsoft • Unemployment Ins. Actual cost of unemployment claims • Insurance Higher premiums for insurance • Animal Regulation Actual cost of animal control services • Develop. Services Payout of vacation & sick leave balance Staff Report Approve Resolution Authorizing FY 2009-2010 Budget Amendment for Appropriations August 26, 2010 Page 2 of 2 • Public Works Payout of vacation & sick leave balance • Building & Safety Payout of vacation & sick leave balance • Planning/Comm. Dev. Payout of vacation & sick leave plus staff transfer-retirement • Civic Center Park Payout of vacation, sick leave and severance • Various departments Expenditures were less than budget • Gas Tax Fund City received Transportation Congestion Relief Funds from the State of California that are being allocated to street resurfacing expenditures • Golf Maintenance City received increase in revenues from the Starwood and Intrawest projects. Additional amounts are being allocated to the General Fund • Traffic Safety City estimated revenues were underestimated. The additional amount is being allocated to street maintenance for reimbursement to the General Fund • Capital Project Res. To reimburse the General Fund for prior year transfers of funds for street resurfacing. Amount of transfer is equal to the amount received from the Gas Tax fund for street resurfacing expenditures The estimated General Fund expenditures for FY 2009-2010 remain unchanged as the savings from various departments will offset the additional costs in other accounts. Fiscal Impact: This resolution will allow the Director of Finance to make the budget adjustments and transfers for fiscal year 2009-10 as of June 30, 2010. Submitted By: �'�, �SC Paul S. Gibson, ir ctor of inance/City Treasurer Approval: - CITY COUNCi2.ACTTON � APPROVF,D � DF.NTF:D Jo . Wohlmuth, Cit ager RECEIV[:D _ nTEiER �sol av� b—b MF,ET NG DATE � AYES: � � �e�' NO�F.�: AI3SENT: _��- r� AI3STAIN: H:IACCTG20101SR-APPROPTRAFFICGAS09-10.DOCX VERIFIED R�'=— m �,��ri�i.r�rr��r Original ou File with City Clerk's Office RESOLUTION NO. 63 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA AMENDING THE FISCAL YEAR 2009-10 BUDGET TO PROVIDE TRANSFER, APPROPRIATION AND ESTIMATED REVENUES OF UNOBLIGATED FUNDS FROM THE GAS TAX, GOLF COURSE MAINTENANCE, TRAFFIC SAFETY, CAPITAL PROJECT RESERVE AND THE GENERAL FUND WHEREAS, it appears that certain funds will receive revenues in the 2009-10 fiscal year that exceed the requirements for currently budgeted appropriation, and WHEREAS, it is desirable to appropriate said excess revenues from the Gas Tax, Golf Course Maintenance, Traffic Safety, and Capital Project Reserve funds for the reimbursement of eligible street expenditures, and service costs. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Palm Desert, California, that the 2009-10 Budget is hereby amended by appropriating from the Unobligated Fund Balances of certain funds to the identified funds as follows: CHANGE , FUNDlDEPARTMENT ' INC/(DEC� , REVISED APPROPRIATIONS GENERAL FUND: City Clerk 15,000 As part of reorganization, staff transferred had higher health costs Legal 7,000 Actual cost for legal services Community Services 130,000 Vacation, sick leave and severance payouts Finance 110,000 Vacation, sick leave and severance payouts Audit 600 Actual cost of hotel audit work. Human Resources (57,500) Expenditures were less than budget Information Technology 42,000 Software purchases for security, GIS and Microsoft Unemployment Ins. 46,000 Actual cost of unemployment claims-12 lay-offs tnsurance 150,000 Higher premiums for insurance Police Services (150,600) Expenditures were less than budget Animal Regulation 8,500 Actual cost of animal control service Development Services 26,000 Payout of vacation & sick leave plus transfer of expenditures Public Works 150,000 Payout of vacation & sick leave balance for 4 positions Community Promotions (234,000) Lower cost for special events & CVA. Marketing (50,000) Lower advertising media buys Resolution No. 2010- 63 Page 2 of 3 CHAN'GE FUND/DEPARTMENT INC/(DEC) REVISED APPROPRIAT[ONS Building & Safety 32,000 Payout of vacation & sick leave balance - 3 positions. Planning & Comm. Dev 135,000 Payout of vacation & sick leave plus staff transfer-retirement Civic Center Park 40,000 Payout of vacation, sick leave and severance. Park Maintenance (300,000) Expenditures were less than budget Landscaping Services (100,000) Expenditures were less than budget TOTAL GENERAL FUND - 0 - Estimated General Fund expenditures Appropriation of Expenditures Various Funds Appropriate for street resurfacing program, reclass Gas Tax Fund 211 440,608 expenditure of $103,801 from the General Fund to the Gas Tax Fund for 09/10 street resurfacing program Golf Course Maintenance 190,189 Additional transfer out to General Fund from the fees FD 241 collected by Starwood and Intrawest Capital Projects Reserve 320,093 Additional transfer out to General Fund for street Fund 400 resurfacing reimbursement from Gas Tax Fund Traffic Safety Fund 210 96,417 Additional transfer out to General Fund for reimbursement of street maintenance expenditures Increase in Estimated Revenues for Various Funds Traffic Safety Fund 210 67,727 Amount over estimated revenue Traffic Safety Fund 210 1,187 Interest over estimated revenue Increase revenue for receipt of Transportation Congestion Relief Fund proceeds received for street resurfacing, Gas Tax Fund 211 570,999 $336,807 has been encumbered for the 10/11 street resurfacing program. $103,801 is for the 09/10 street resurfacing program. H:Wcctg2010\R ES-approptrafficgas2009-2010.docx Resolution No. 2010- 6� Page 3 of 3 PASSED, APPROVED and ADOPTED by the City Council of the City of Palm Desert, California, at its Regular Meeting held on the 26th of August 2010 by the following vote, to wit: AYES: NOES: ABSENT: ABSTAIN: CINDY FINERTY, MAYOR ATTEST: RACHELLE D. KLASSEN, CITY CLERK CITY OF PALM DESERT, CALIFORNIA H:Wcctg2010\RES-approptrafficgas2009-2010.docx