HomeMy WebLinkAbout1998-01-13 - AGENDA REPORTS - ADJUST BUDGET (2)CITY OF SANTA CLARITA
AGENDA REPORT
CONSENT CALENDAR
DATE: January 13, 1998
City Manager Approval:
Item to be presented by:
SUBJECT: ADJUST TRANSIT DIVISION BUDGET TO REFLECT EXTENSION OF
LOCAL TRANSIT SERVICE TO STEVENSON RANCH
DEPARTMENT: Transportation & Engineering Services
RECOMMENDED ACTION
City Council approve increasing account number 4600/8081, Local Bus Service Contractual
Services, by $195,000 and increase revenue account number 801/5053 by $195,000.
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In June 1997, Los Angeles County requested that Santa Clarita Transit extend Line 35 to serve the
Valencia Marketplace and Stevenson Ranch. The County will fund the full cost of this extension.
Since this occurred after approval of the City's FY 1997/98 budget, the expense and revenue
accounts were to be adjusted at the mid -year budget adjustment in December. These two
adjustments were inadvertently excluded from the mid -year adjustments presented to the Council
at the December 9, 1997 meeting.
No alternative actions identified by staff.
None. Increases in cost are offset by a comparable increase in revenue.
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