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HomeMy WebLinkAbout2000-09-12 - AGENDA REPORTS - CONTINUING APPROPRIATIONS (2)CITY OF SANTA CLARITA AGENDA REPORT City Manager Approval: e Item to be presented by: jar a LBoswell CONSENT CALENDAR DATE: September 12, 2000 SUBJECT: FISCAL YEAR 1999-00 TO 2000-01 CONTINUING APPROPRIATIONS DEPARTMENT: Administrative Services RECOMMENDED ACTION Adopt Resolution, authorizing Continuing Appropriated funds from Fiscal Year 1999-00 to Fiscal Year 2000-01, and making appropriations for the amount budgeted, Approve Budget Adjustments, as detailed in Attachment B. Each year after the budget is adopted, and as part of the year-end process, each department takes the opportunity to review its prior year appropriations to determine if any funds should be continued into the new fiscal year. Continuing appropriations represent necessary funds authorized for appropriation in the 1999-00 fiscal year that were not expended but are still required to complete projects authorized by City Council. Attachment A is a detail of the requested continuing appropriations. Overall, this request increases appropriations by $1,468,346, encompassing both operating and capital expenditures. General Fund continuing appropriations requests are $654,414, with the balance coming from several different funding sources. All of these funds were previously approved by City Council. In addition to continuing appropriations, staff is requesting City Council authorize several budget a4justments, detailed in Attachment B. These budget adjustments are necessary to allow staff to properly record expenditures in the correct accounts. These transfers do not impact fund balance, as they are simply moving funds from one account to another. ALTERNATIVE ACTION As directed by City Council. Adopted: I Agenda Item: // FISCAL YEAR 1999-00 TO 2000-01 CONTINUING APPROPRIATIONS September 12, 2000 — Page 2 These funds represent prior year appropriations that remained unspent at fiscal year end. Reappropriation of these funds will not decrease the current year fund balance. The total increase to FY 2000-01 appropriations is $1,468,346. P Resolution, Continuing Appropriated Funds From Fiscal Year 1999-00 to 2000-01 Attachment A — Summary and Detail of Proposed Continuing Appropriations 2000-01 Attachment B — Detail of Requested Budget A4justments BB:hds MMOM.0c"Pt