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HomeMy WebLinkAbout1995-06-13 - AGENDA REPORTS - EARTHQUAKE BUDGET FY 94 95 (2)Item to be presented by: Rick Putna �° CONSENT CALENDAR DATE: June 13, 1995 SUBJECT: Earthquake Administration Budget, FY 94-95 DEPARTMENT: Parks, Recreation and Community Services On April 26, 1994, the City Council adopted a budget appropriation of estimated revenues and expenditures for earthquake repairs necessitated by the January 17, 1994 Northridge Earthquake, in the amount of $26,291,500.. That budget appropriation included all known repair projects at that. time. The budget did not include estimated expenditures for the administration of the FEMA/OES grant program. This item: is on the agenda to appropriate revenues and expenditures for the administration of the FEMA/OES grant program, Based on estimated damages, the City is eligible for a federal administrative allowance of $159,500 and a State Administrative allowance of $98,800 for a total of $258,300. The following is a summary of the funds expended from the total administration reimbursement for fiscal year 1994/95. Remaining funds will be appropriated in future years for the continuing administration of the Federal and State Disaster Assistance programs. Total Administrative Budget Estimated 1994/95 Expenditures Remaining amount to be appropriated in future years q A f I I I I . VETO aVE �i $258,300 75,500 $182,800 Age � Item: c>2 T 1. It is recommended that the City Council approve the total estimated administrative revenues of $75,500 in account 90-3597 for FY 94/95. 2. It is recommended that the City Council appropriate a total of $75,500 in earthquake related administrative expenditures for FY 94/95 as follows: DESCRIPTION Personnel Operations and Maintenance Capital Outlay TOTAL REP:AEM s. ryq kc�wjx.6113. ACCOUNT NUMBER AMOUNT 90-99100-101 $55,000 99-99100-227 20,000 90-99100-401 500 $75,500