Regular 3.
Regular City Council Meeting
- Meeting Date:
- 11/28/2011
- TITLE
- Public Hearing and Approval of Resolution Approving and Adopting First Quarter Budget Amendment for Fiscal Year 2011/2012
- PRESENTED BY:
- Patrick M. Weber, Finance Director
- Department:
- City Hall Administration
Presentation:
Information
PROBLEM/ISSUE STATEMENT
First Quarter Budget amendments for Fiscal year 2011/2012 are requested for the following:
The City County Planning Fund will need additional budget authority in the operations and maintenance accounts for professional and consultant services where overages were related to the Infill Workshop. Contributions of $10,580 were received to help pay the cost of the Infill Workshop.
The Gas Tax Fund requires budget amendments for the Central Avenue Sidewalks, Moore Lane, Rimrock Road, Slope Stabilization, and PAVER projects. The additional costs will be funded by fund reserves and increased Street Maintenance fees.
The Storm Sewer Fund requires a budget amendment for the Howard Heights Storm Drain, Annual Storm Drain, Senators/Alkali Creek Sidewalk, and Thousand Oaks Culvert Replacement projects. Expenditures will use fund reserves.
The Arterial Fund requires budget amendments for the Alkali Creek Road and Inner Beltloop projects. The additional costs will be funded by fund reserves.
The EOC 911 Fund and the Radio Communications Fund require a budget amendment for the new radio system to be funded by cash reserves of both funds.
The Parks Programs Fund and the Dog Park Construction Fund needs a budget amendment to move dog park donations to the construction fund to pay for the construction costs incurred.
The Solid Waste Fund requires a budget amendment related to the HHW Collection Facility project. The expenditures will use fund reserves.
The City County Planning Fund requires a budget amendment related to the 25th Street Pedestrian Bridge project. The project is funded with cash donations.
The Water Fund requires a budget amendment related to the Clearwell CT Improvements and SCADA projects. The expenditures will use fund reserves.
The Water Fund requires a budget amendment related to the Emergency Power project. The expenditures will use fund reserves and a HUD grant of $974,000.
The Wastewater Fund requires a budget amendment for additional costs related to the rebuild clarifier infrastructure and MCC projects. Expenditures will use fund reserves.
The Wastewater Fund requires a budget amendment for additional costs related to the UV Disinfection and Primary Digester Drain Vault projects. Expenditures will use fund reserves and an SRF loan.
The Airport needs additional budget authority for the paving on a portion of Terminal Circle Road.
The City County Planning Fund will need additional budget authority in the operations and maintenance accounts for professional and consultant services where overages were related to the Infill Workshop. Contributions of $10,580 were received to help pay the cost of the Infill Workshop.
The Gas Tax Fund requires budget amendments for the Central Avenue Sidewalks, Moore Lane, Rimrock Road, Slope Stabilization, and PAVER projects. The additional costs will be funded by fund reserves and increased Street Maintenance fees.
The Storm Sewer Fund requires a budget amendment for the Howard Heights Storm Drain, Annual Storm Drain, Senators/Alkali Creek Sidewalk, and Thousand Oaks Culvert Replacement projects. Expenditures will use fund reserves.
The Arterial Fund requires budget amendments for the Alkali Creek Road and Inner Beltloop projects. The additional costs will be funded by fund reserves.
The EOC 911 Fund and the Radio Communications Fund require a budget amendment for the new radio system to be funded by cash reserves of both funds.
The Parks Programs Fund and the Dog Park Construction Fund needs a budget amendment to move dog park donations to the construction fund to pay for the construction costs incurred.
The Solid Waste Fund requires a budget amendment related to the HHW Collection Facility project. The expenditures will use fund reserves.
The City County Planning Fund requires a budget amendment related to the 25th Street Pedestrian Bridge project. The project is funded with cash donations.
The Water Fund requires a budget amendment related to the Clearwell CT Improvements and SCADA projects. The expenditures will use fund reserves.
The Water Fund requires a budget amendment related to the Emergency Power project. The expenditures will use fund reserves and a HUD grant of $974,000.
The Wastewater Fund requires a budget amendment for additional costs related to the rebuild clarifier infrastructure and MCC projects. Expenditures will use fund reserves.
The Wastewater Fund requires a budget amendment for additional costs related to the UV Disinfection and Primary Digester Drain Vault projects. Expenditures will use fund reserves and an SRF loan.
The Airport needs additional budget authority for the paving on a portion of Terminal Circle Road.
ALTERNATIVES ANALYZED
The Council may: Approve the requested budget amendments; or Not Approve the requested budget amendments.
FINANCIAL IMPACT
The requested budget amendments will be funded by additional revenues or reserves.
RECOMMENDATION
Staff recommends that the City Council conduct a public hearing and approve the resolution approving and adopting the first quarter budget amendments for Fiscal Year 2011/2012.