Long Beach, CA
File #: 17-0214    Version: 1 Name: CD9 - One-time Funds Transfer
Type: Agenda Item Status: Approved
File created: 3/13/2017 In control: City Council
On agenda: 3/21/2017 Final action: 3/21/2017
Title: Recommendation to increase appropriations in the General Fund (GF) in the Legislative Department (LD) by $40,000, offset by the Ninth Council District FY 16 office budget surplus and FY 17 one-time infrastructure funds to be used for community meetings, events and outreach efforts and to support community improvement and beautification projects in the Ninth District.
Sponsors: VICE MAYOR REX RICHARDSON, NINTH DISTRICT
Attachments: 1. 032117-R-22sr.pdf

TITLE

Recommendation to increase appropriations in the General Fund (GF) in the Legislative Department (LD) by $40,000, offset by the Ninth Council District FY 16 office budget surplus and FY 17 one-time infrastructure funds to be used for community meetings, events and outreach efforts and to support community improvement and beautification projects in the Ninth District.

 

DISCUSSION

In accordance with the City's "Procedures for Implementation of Divide by Nine Funding", Council District Nine is requesting that a portion of its FY 16 budget savings be carried-over to its FY 17 office budget in the amount of $25,000 to be utilized for community and neighborhood events, meetings and/or outreach. In addition, Council District Nine plans to utilize FY 17 one-time infrastructure funds in the amount of $15,000 for a banner program to beautify neighborhood corridors.

 

FISCAL IMPACT

The total appropriation increase of $40,000 for the Ninth Council District office budget is offset by a transfer of one-time Divide by Nine funding from the Capital Projects Fund (CP) in the Public Works Department (PW).

 

SUGGESTED ACTION

Approve recommendation.

 

Respectfully Submitted,

REX RICHARDSON

VICE MAYOR, NINTH DISTRICT