My WebLink
|
Help
|
About
|
Sign Out
Home
10C Action 2013 0219
CityHall
>
City Clerk
>
City Council
>
Agenda Packets
>
2013
>
Packet 2013 0219
>
10C Action 2013 0219
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
2/25/2013 1:03:58 PM
Creation date
2/13/2013 4:00:28 PM
Metadata
Fields
Template:
CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
2/19/2013
Retention
PERM
Document Relationships
_CC Agenda 2013 0219 CS+RG
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2013\Packet 2013 0219
Reso 2013-022
(Reference)
Path:
\City Clerk\City Council\Resolutions\2013
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
16
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).
Download electronic document
View images
View plain text
File Number: 13-052 <br />Public Education & Government Access Fund are provided . <br />Special Revenue Funds <br />·Parking Fund - Revenues at mid-year are at 36% of budget due to the construction of <br />the parking garage which opened in November 2012. Budgeted revenues had <br />projected an opening of the Downtown Garage in September 2012. <br />·Gas Tax Fund - Revenues at mid-year are at 43% of budget due to a delay in the <br />receipt of funds from the State in 2012-13. <br />·Heron Bay - Revenues are at 84% of budget due to the accrual of assessments into <br />the first half of the year that represent nearly the entire year of assessments. Last year, <br />the assessments were recorded after the mid-year. <br />Budget Adjustments <br />The attached summary of budget adjustments reflects budget activity recorded by the Finance <br />Department over the first six months of 2012-13. The proposed amendment adjustments are <br />summarized including the fund, the sources of additional revenues or transfers, and the <br />purpose of new expenditures or transfers. <br />The total change in the projected ending fund balance for the General Fund amounts to <br />$680,081. New General Fund revenues are estimated to be $61,405, leaving $618,676 in <br />unfunded new General Fund expenditures. <br />Capital Improvement projects that were carried over from FY 2011 -12 are funded by existing <br />revenues and are included in various Special Revenue and Capital Project Funds (see <br />Attachment 1). All of the Special Grant Fund projects ($8,624,256) in the budget amendment <br />are funded by newly approved grants ($163,497) and previously approved grant funds <br />($8,460,759). <br />Current Agency Policies <br />·The City Council approves all adjustments to the City’s revenue and expenditure <br />appropriations. <br />Previous Actions <br />·The City Council adopted the 2012-13 City Budget on June 4, 2012. In the past, <br />Mid-Year Financials were presented for review and approval to the Finance Committee . <br />However, the Finance Committee has been suspended for the calendar year 2013 <br />Fiscal Impacts <br />The total change in the projected ending fund balance for the General Fund amounts to <br />$640,081. New General Fund revenues amount to $61,405, leaving $578,676 in unfunded <br />new General Fund expenditures. <br />Capital Improvement projects that were carried over from FY 2011 -12 are funded by existing <br />revenues and are included in various Special Revenue and Capital Project Funds (see <br />Attachment 1). All of the Special Grant Fund projects ($8,624,256) in the budget amendment <br />are funded by newly approved grants ($163,497) and previously approved grant funds <br />Page 4 City of San Leandro Printed on 2/12/2013
The URL can be used to link to this page
Your browser does not support the video tag.