CITY COUNCIL: Resolution Approving Certain Budget Adjustment Requests

Meeting Date: April 2, 2013

Prepared by: Susan Paul

City Council

Agenda Item Summary

Name: Consideration of a Resolution approving certain budget adjustment requests.

Description: The City Council adopted the Fiscal Year 2012-2013 budget on June 12,2012.  Subsequently, during the course of the fiscal year certain changes have occurred resulting in the City Council adopting five amendments to the adopted budget. These amendments have enabled the City Council to control funding appropriation and staff to manage the budget within the limits set by the City Council.

Overall Cost:
City Funds: $525.527.35 change in budget authority with a net increase of$58,000
Grant Funds: N/A

Important Considerations: The City Council has adopted five budget adjustment requests
(BAR) for Fiscal Year 2012-2013 including:

• Resolution 2012-43 dated July 3, 2012 amending the adopted budget with BAR-1213-01 to appropriate funding for the MTNP bridge replacement project; and

• Resolution 2012-63 dated October 2, 2012 amending the adopted budget with BAR-1213-02 to appropriate Sunset Center lighting grant funds; and

• Resolution 2012-81 dated December 4, 2012 amending the adopted budget with BAR-1213-03 for stonn water runoff monitoring costs; and

• Resolution 2013-6 dated February 5, 2013 amending the adopted budget with BAR-1213-05 to appropriate additional MPRWA dues; and

• Resolution 2013-7 dated February 5, 2013 amending the adopted budget with BAR-1213-06 for Scenic Road Restroom construction planning.

Reviewed by:

Jason Stilwell, City Administrator Date

  Budget adjustment requests 04-02-13.pdf