CC RES 2011-006 RESOLUTION NO. 2011-06
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS
VERDES, AMENDING RESOLUTION 2010-55, THE BUDGET APPROPRIATION
FOR FY10-11, TO ADJUST THE BUDGET IN VARIOUS FUNDS OF THE CITY.
WHEREAS, on June 15, 2010, the City Council of the City of Rancho Palos Verdes
adopted Resolution 2010-55, approving a spending plan and authorizing a budget
appropriation for FY10-11: and
WHEREAS, certain FY10-11 revenues, expenditures and operating transfers, as
described in the Midyear Financial Analysis and identified below, are expected to
deviate from the amount budgeted; and
WHEREAS, the City Council desires that the FY10-11 budget be adjusted.
BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF
RANCHO PALOS VERDES:
The following adjustments are made to the FY10-11 budget:
General Fund Revenue Adjustments:
Taxes #101-6000-313-10-00 Sales Tax $ 320,000
Taxes #101-6000-312-20-00 Prop Tax in-lieu. Sales Tax $ 120,000
Taxes #101-6000-314-10-00 Transient Occupancy Tax $ 600,000
Taxes #101-2020-316-10-10 Business License Tax $ 88,000
Fines & Forfeitures #101-1021-351-10-00 Miscellaneous Court Fines $ (63,000)
Intergovernmental #101-3006-334-10-00 Trans Impr Prog Grant $ (60,000)
General Fund Expenditure Adjustments:
City Council #101-1001-411-12-00 Part-time Salaries $ 10,200
City Manager #101-1002-411-11-00 Full-time Salaries $ 48,000
Recreation Admin #101-5010-411-11-00 Full-time Salaries $ (48,000)
City Manager #101-1002-411-11-00 Full-time Salaries $ 24,900
Emergency Prep #101-1026-421-11-00 Full-time Salaries $ (24,900)
Info Technology #101-2030-411-11-00 Full-time Salaries $ (89,200)
Info Technology #101-2030-411-29-00 Employee Benefits Chgs $ (30,120)
Recreation Facilities#101-5030-451-11-00 Full-time Salaries $ 20,000
REACH #101-5070-451-11-00 Full-time Salaries $ (20,000)
Personnel #101-1011-411-32-00 Professional Services $ 40,000
City Clerk #101-1004-411-69-00 Misc Expenses $ 101,000
Finance #101-2020-411-32-00 Professional Services $ 26,000
Traffic Management#101-3006-431-32-00 Professional Services $ (45,000)
Traffic Management#101-3006-431-73-00 Safety Improvements $ (60,000)
General Fund Transfer Adjustments:
Transfers Out #101-6000-491-91-00 To Cl P Reserve $2,630,000
Transfers Out #101-6000-491-91-00 To Abalone Cove Sewer $ 22,000
Street Maintenance Fund Adjustments:
Port Bend Rd Maint#202-3005-431-43-00 Maintenance Services $ 70,000
Transfers Out #202-3003-491-91-00 to CIP for Pedestrian Impr $ 57,080
Beautification Fund Adjustment:
Transfers Out #212-3012-491-91-00 To CIP for Medians $250,500
Measure R Fund Adjustments:
Intergovernmental #220-3020-338-40-00 Special Tax Revenue $358,865
Transfers Out #220-3020-491-91-00 To CIP for Arterial Project $632,080
Transfers Out #220-3020-491-91-00 To CIP for Arterial Project $ 6,000
Waste Reduction Fund Adjustment:
Transfers Out #213-3013-491-91-00 To CIP for Arterial Project $ 41,000
Proposition C Fund Adjustments:
Intergovernmental #215-3015-338-40-00 Special Tax Revenue $(358,865)
Transfers Out #215-3015-491-91-00 To CIP for Arterial Project $ 37,920
Transfers Out #215-3015-491-91-00 To CIP for Arterial Project $ 18,000
Abalone Cove Sewer District Fund Adjustments:
Transfers In #225-3025-391-10-00 From General Fund $ 22,000
Abalone Cove #225-3025-431-43-00 Maintenance Services $ 22,000
Ginsburg Cultural Arts Building Fund Adjustment:
Misc Expenditure #227-3027-431-69-00 PVPLC Distribution $ 20,000
Community Development Block Grant Fund Adjustment:
Transfers In #310-3093-391-10-00 From General Fund $ 44,000
Capital Improvement Projects (CIP) Fund Adjustments:
Street Improve #330-3031-334-10-00 State Grants $ 630,000
Street Improve #330-3031-334-10-00 State Grants $ 228,320
Street Improve #330-3031-334-10-00 State Grants $ 212,400
Street Improve #330-3031-334-10-00 State Grants $ 252,000
Transfer In #330-3031-391-10-00 From Various $ 1,098,630
Transfer In #330-3031-391-10-00 From General Fund $ 2,630,000
Park Improvements #330-3033-461-73-00 Ball Field Improvements $(100,000)
Park Improvements #330-3033-461-73-00 PVIC Exhibits Phase I I $(600,000)
Affordable Housing In-Lieu Fund Adjustment:
Affordable Housing #337-4037-441-32-00 Professional Services $ 5,000
Environmental Excise Tax (EET) Fund Adjustment:
Transfers Out #338-3038-491-91-00 To CIP for Ball Fields $ 46,300
Resolution No. 2011-06
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Bikeways Fund Adjustment:
Transfers Out #340-3040-491-91-00 To CIP for Arterial Project $ 9,750
op
PASSED, APPROVED, AND ADOPTED THE 15th DAY OF E: ''' ARY i'l 1.
,
Mayor
ATTEST:
(1,11E-&-- , /7 /
City Clerk
State of California )
County of Los Angeles )ss
City of Rancho Palos Verdes )
I, Carla Morreale, City Clerk of the City of Rancho Palos Verdes, hereby certify that the
above Resolution No. 2011-15 was duly and regularly passed and adopted by the said
City Council at regular meeting thereof held on February 15, 2011.
/ / , 1 ' ,
City Clerk
Resolution No. 2011-06
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