TITLE
Recommendation to approve the Fiscal Year 2016 first departmental and fund budget appropriation adjustments in accordance with existing City Council policy. (Citywide)
DISCUSSION
On September 15, 2015, the City Council adopted the Appropriations Ordinance governing the City’s Adopted Budget for Fiscal Year 2016 (FY 16). Periodically, changes in revenue or operating conditions require appropriation adjustments. For example, in certain cases, these adjustments enable departments to expend recently awarded grant revenue for which there is no existing appropriation. In addition, changes for multi-year grants/projects are necessary to bring appropriations in line with final grant/project award amounts. In accordance with the City’s practice, these adjustments are presented periodically throughout the year to the City Council for consideration. Please see Attachment A for a Summary of Proposed Adjustments of impacted City funds and Attachment B for a recap of FY 16 General Fund Expenditure Budget Adjustments.
This matter was reviewed by Deputy City Attorney Amy R. Webber on January 28, 2016.
TIMING CONSIDERATIONS
The following requests for adjustments to FY 16 departmental and fund appropriations are necessary to reflect changes in operating conditions. City Council action is requested on February 16, 2016 to enable the timely processing of payments.
FISCAL IMPACT
FY 16 Appropriation Adjustments
Airport
Increase appropriations in the Airport Fund (EF 320) in the Airport Department (AP) by $77,500 from funds available for the remaining payment of the Annual Airports Council International - North America Conference of 2015.
On September 10, 2013, the City Council authorized the Long Beach Airport to partner with the Long Beach Convention and Visitors Bureau to host the Annual Airports Council International - North America (ACI-NA) Conference of 2015. The event was held on October 2 through October 7, 2015 at the Long Beach Convention Center and drew...
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