Report Prepared by: Venus Rodriguez, Finance Officer
Title
SUBJECT: Mid-Year Budget Review for Fiscal Year 2022-2023, General Fund Supplemental Appropriations and Budget Amendments in Various Funds Totaling $3,230,337; and Requesting Direction on American Rescue Plan Act Allocation
REPORT IN BRIEF
Presents the Fiscal Year 2022-2023 Mid-Year Financial Report, seeks approval of General Fund Supplemental Appropriations and Budget Amendments in Various Funds totaling $3,230,337, and requesting Direction on American Rescue Plan Act Allocation.
RECOMMENDATION
City Council - Adopt a motion:
A. Approving the addition of a full time Deputy Finance Officer for a two-month period; and,
B. Approving a transfer from Fund 674 Fleet Replacement to the General Fund in the amount of $338,000 and appropriating the same to 001-0901-523.43-00; and,
C. Approving a Supplemental Appropriation from the unreserved, unencumbered General Fund balance in the amount of $152,000 and appropriating the same to 001-0901-523.43-00; and,
D. Approving a Supplemental Appropriation from the unreserved, unencumbered General Fund balance in the amount of $55,000, transferring to Fund 063-Bell Station and appropriating the same; and,
E. Approving the addition of one Assistant Engineer and deleting one Engineering Technician IV; and,
F. Approving a Supplemental Appropriation in Fund 061-Measure C from the unreserved, unencumbered Fund Balance in the amount of $222,687 to repay HUD ineligible project costs; and,
G. Approving increase to revenue in Fund 018-CDBG in the amount of $222,687 to accept repayment of HUD ineligible project costs; and,
H. Approving the reduction of transfers from Gas Tax Funds (009, 010, 011, and 065) to Fund 022- Streets Maintenance totaling $500,000; and,
I. Approving transferring $500,000 from Fund 076-2030 Gas Tax (SB1) to Fund 022- Streets Maintenance in the amount of $500,000; and,
J. Approving a Supplemental Appropriation from the unreserved, unencu...
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