HomeMy WebLinkAbout1980-10-28; City Council; 6394; Corrections to Budget Allocation of FundsCITY OF CARLSBAD _.
*"AGENDA BILL HO. „ ^o , , f Dept.Hci:
DATE: October 28, 1980' C. Atty .^
DEPARTMENT:' Finance C. Mgr r
Subject:
Corrections to 1980-81 Budget-Allocation of Contingency Funds
Statement of the Matter
1. In the preparation of the budget, the annual maintenance costs for the two
hf^nv'vSi ^f^1^1^3!! Wer? ^Advertently omitted. This cost will
2. The central services section, created during the early stages of the 1980-81
budget process, supplies the minute taking function for all Council meetings
This function is performed by City staff on an overtime basis J!d ^ therefore
Ce-tr-] Srv1ces overtime account. The final'budget does
alth°U9h ^ 1ntent W" t0
. , . that S3,000 be transferred from the contingency account to thecentral services overtime account. a^uunt uu me
Fiscal Impact
These transfers will reduce the contingency account ba!ance from $459, 9,5 to $449,915.
Exhibits
Resolution No
.Recommendation
Approve Resolution No^JJ^ (Fund Transfer #28 on file with Finance Director)
Council Action:
10-28-80 Council adopted Resolution 6332, transferring funds to correct budget omissions
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CARLSBAD, TRANSFERRING FUNDS FROM THE GENERAL
FUND CONTINGENCY ACCOUNT TO CORRECT BUDGET
OMISSIONS
WHEREAS, on June 30, 1980 the City Council did adopt the 1980-81 operating
budget, and
• WHEREAS, this budget did not include proper appropriations for the main-
° tenance of certain office equipment or overtime services for the taking and
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RESOLUTION NO. 6332
transcribing of council minutes, and
WHEREAS, these omissions amount to $7,000 and $3,000 respectively, and
WHEREAS, the budget contains a General Fund Contingency Account with a
current balance of $449,915;
NOW, THEREFORE, BE IT RESOLVED that a transfer of $7,000 is hereby authorize
from the contingency account to the General Government Office Equipment Main-
tenance Account. And a transfer of $3,000 is hereby authorized from the
contingency account to the Central Services Overtime Account.
adjournedPASSED, APPROVED AND ADOPTED at a/regular meeting of the City Council on
the 28th Day of October, 1980 by the following vote, to wit:
AYES: Council Members Packard, Casler, Anear, Lewis and Kulchin
NOES: None
ABSENT: None
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RONALD C. PACKARD, MAYOR
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ATTEST:
(lli£L^_ d\. y\a26ALETHA L. RAUTENKRANZ, CITY CLERK
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