HomeMy WebLinkAboutResolution 2012-62 - Amendment Fiscal Year 2011 / 2012 BudgetCITY OF PALM DESERT
FINANCE DEPARTMENT
STAFF REPORT
Request: Adopt Resolution No. 2012-62 authorizing the fiscal year budget
amendment to provide transfer, appropriation and estimated revenues of
unobligated funds from the gas tax, fire fund, Properties City/RDA, Palm
Desert Recreational Facilities Corporation (PDRFC), public safety fund
and the general fund as of June 30, 2012
Date: September 13, 2012
Contents: Resolution No. 2012-62
Recommendation
Waive further reading and adopt Resolution No. 2012-62
Background
Staff has completed a year-end analysis of 2011/12 fiscal year budget and financial
position of the City. The estimated revenues for the General Fund are $43.8 million
versus estimated expenditures of $43.8 million. The following is an explanation of either
the increase in revenue or increase in appropriation for various funds:
City Clerk
53,000
Early retirement payout
Community Services
22,500
Early retirement payout
Legal Services
27,000
Actual cost for legal services
Finance
75,500
Early retirement payout
General Services
26,700
Increased cost SB2557 County property tax
administration
Audit
7,100
Cost of TOT audits
Insurance
8,700
Higher premiums for insurance
Parking Lot Maintenance
200
Actual cost for parking lot bid
Public Works Admin.
117,500
Early retirement payout
Capital Outlay
29,000
Allocation of capital for various departments
ear -end accounting process — GASB 34
Police Services
590,100
Lower County Sheriff Deputy rate
Auto Fleet / Equipment
150,000)
Lower fuel & maintenance costs
Business Center
567,300
Transfer of RDA staff to General Fund
Planning
41,010
Transfer of RDA staff for Code Enforcement
Community Promotions
116,000)
Lower event costs
Unemployment Insurance
(139,000)
Lower unemployment insurance costs
Staff Report
Approve Resolution Authorizing FY2010-2011 Budget Amendment for Appropriations
September 13, 2012
Page 2 of 2
Transfer Out
239,300
Cover shortage in Fire fund and low -mod
Housing funds.
Public Safety police grants
130,392
City received additional funding from
State/Federal grants which allowed
additional expenditures
Public Safety revenue
130,392
Grants received during the fiscal year
Capital Project City / RDA
20,000
To allocate funds for maintenance of City -
properties
owned properties (formerly Redevelopment
property)
PDRFC
140,500
Increase in staffing and food costs for
expanded restaurant
PDRFC revenue
140,500
Increase in revenue from golf rounds and
food & beverage sales
Gas Tax
30,000
Transfer out to reimburse the General Fund
for the 11/12 street resurfacing program
Prop A Fire revenue
464,000
To cover shortage in Fire Fund
Fiscal Impact
This resolution will allow the Director of Finance to make the budget adjustments and
transfers for fiscal year 2011/12 as of June 30, 2012.
Submitted by:
6Z101__L_
Paul S. Gibson, Finance Director
Approval:
n M. Wohlmuth, City Manager
CITY COUNCILA`ION
APPROVED DENIED, � ....
REEIVED OTHER
ac Jn/Q - 10 2
MEETING DATE
AYES: 7
NOES:
ABSENT: °�
ABSTAIN:
VERIFIED BY:
Original on File with City
Ofties
G:Tinanceftamh Ortega\Staff Reports\Budget & White papers\SR-approp to budget 2011-12.docx
RESOLUTION NO. 2012- 62
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT,
CALIFORNIA AMENDING THE FISCAL YEAR 2011-12 BUDGET TO PROVIDE
TRANSFER, APPROPRIATION AND ESTIMATED REVENUES OF
UNOBLIGATED FUNDS FROM THE GAS TAX, FIRE FUND, PROPERTIES
CITY/RDA, PALM DESERT RECREATIONAL FACILITIES CORPORATION
(PDRFC), PUBLIC SAFETY FUND AND THE GENERAL FUND AS OF JUNE
30, 2012
WHEREAS, it appears that certain funds will receive revenues in the 2011-12 fiscal year
that exceed the requirements for currently budgeted appropriation, and
WHEREAS, it is desirable to appropriate said excess revenues from the Gas Tax, Fire
Fund, Properties City/RDA, Palm Desert Recreational Facilities Corporation (PDRFC), Public
Safety Fund, and General Fund for reimbursement of eligible street expenditures, service costs,
land purchase, capital outlay, and replacement costs.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Palm Desert,
California, that the 2011-12 Budget is hereby amended by appropriating from the Unobligated
Fund Balances of certain funds to the identified funds as follows:
City Clerk
53,000
Early retirement payout
Community Services
22,500
Early retirement payout
Legal Services
27,000
Actual cost for legal services
Finance
75,500
Early retirement payout
General Services
26,700
Increased cost SB2557 County property tax
administration
Audit
7,100
Cost of TOT audits
Insurance
8,700
"Higher premiums for insurance
Parking Lot Maintenance
200
Actual cost for parking lot bid
Public Works Admin.
117,500
Early retirement payout
Capital Outlay
29,000
Allocation of capital for various departments
.ear -end accounting process — GASB 34
Police Services
590,100
Lower County Sheriff Deputy rate
Auto Fleet / Equipment
(150,000)
Lower fuel & maintenance costs
Business Center
567,300
Transfer of RDA staff to General Fund
Planning
41,010
Transfer of RDA staff for Code Enforcement
Community Promotions
116,000
Lower event costs
Unemployment Insurance
(139,000)
Lower unemployment insurance costs
Transfer Out
239,300
Cover shortage in Fire fund and low -mod
Housing funds.
Public Safety police grants
130,392
City received additional funding from
State/Federal grants which allowed
additional expenditures
Public Safety revenue
130,392
Grants received during the fiscal year
Resolution No. 2012-62
Page 2 of 2
Capital Project City / RDA
20,000
To allocate funds for maintenance of
properties
City -owned properties (formerly
Redevelopment property)
PDRFC
140,500
Increase in staffing and food costs for
expanded restaurant
PDRFC revenue
140,500
Increase in revenue from golf rounds and
food & beverage sales
Gas Tax
30,000
Transfer out to reimburse the General Fund
for the 11/12 street resurfacing program
Prop A Fire revenue
464,000
To cover shortage in Fire Fund
PASSED, APPROVED and ADOPTED by the City Council of the City of Palm Desert, California,
at its regular meeting held on the 13th of September 2012 by the following vote, to wit:
AYES:
NOES:
ABSENT:
ABSTAIN:
ROBERT A. SPIEGEL, MAYOR
ATTEST:
RACHELLE D. KLASSEN, CITY CLERK
CITY OF PALM DESERT, CALIFORNIA
GAFinanceffamh Ortega\Resolutions\RES-approptrafficgas 11-12.docx