My WebLink
|
Help
|
About
|
Sign Out
Home
10A Action 2011 0222
CityHall
>
City Clerk
>
City Council
>
Agenda Packets
>
2011
>
Packet 2011 0222
>
10A Action 2011 0222
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
3/3/2011 11:08:18 AM
Creation date
2/17/2011 3:50:01 PM
Metadata
Fields
Template:
CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
2/22/2011
Retention
PERM
Document Relationships
_CC Agenda 2011 0222
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2011\Packet 2011 0222
RDA Reso 2011-003
(Reference)
Path:
\City Clerk\City Council\Resolutions\2011
Reso 2011-054
(Reference)
Path:
\City Clerk\City Council\Resolutions\2011
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
14
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
FY 2010 -11 Mid -year review and budget adjustments February 22, 2011 <br /> All Other Revenue Funds <br /> In addition to the City's General Fund, City operations are supported by a number of other <br /> revenue funds. Attachment 1 provides a projected year -end fund balance summary of all other <br /> City funds. At the mid -point of the fiscal year, these funds are on target for revenues and <br /> expenditures — with some adjustments. Projected savings and mid -year budget modifications are <br /> all reflected in the estimated ending fund balances. Mid -year adjustments for these total about <br /> $2.9 million and are summarized below (Attachment 2 provides more detail). <br /> Net Change to <br /> Funding Source Fund Balance <br /> Gas Tax Fund (3,074) <br /> Measure B (ACTC) Fund (66,000) <br /> Heron Bay Maintenance Assessment Distract Fund (5,500) <br /> Special Grants Fund 53,400 <br /> Home Grant Fund (741.049) <br /> Community Development Block Grant (CDBG) Fund (110,199) <br /> Business Improvement Distract Fund - <br /> Capital Improvement Projects Fund - <br /> Water Pollution Control Plant Enterprise Fund (489,000) <br /> Shoreline Enterpnse Fund (88.075) <br /> Information Technology Internal Seance Fund (112,387) <br /> Redevelopment Agency - Plaza Area Fund (94.975) <br /> Redevelopment Agency - Joint Project Area Fund (618,829) <br /> Redevelopment Agency - West San Leandro MacArthur Project Area (280,000) <br /> Redevelopment Agency - Low /Moderate Housing Fund (332,676) <br /> Total $ (2,888,364) <br /> • Savings attributed to furlough, salary savings and non - personnel cost reductions are considered <br /> in the projected ending fund balances as shown in Attachment 1. <br /> • Key budget adjustments for other funds include: <br /> o $1.3 million from the various Redevelopment Agency funds; <br /> o $665,016 in Federal Stimulus funds for the Energy Efficiency Program in the Special <br /> Grants Fund; <br /> o $489,000 from the Water Pollution Control Plant Enterprise Fund for the acquisition of <br /> property as part of the plant rehabilitation project; <br /> o $112,387 from the Information Technology Internal Service fund to provide funding for <br /> two (2) positions from January 1, 2011 —June 30, 2011 that were not budgeted pending the <br /> outcome of Measure Z; and <br /> o $88,075 from the Shoreline Enterprise Fund to reimburse the State of California for a <br /> cancelled grant. <br /> Staff will continue to monitor the FY 2010 -11 budget and provide the Finance Committee and <br /> City Council with a third quarter performance update in May 2011. <br /> 6 <br />
The URL can be used to link to this page
Your browser does not support the video tag.