TITLE
Recommendation to approve the Fiscal Year 2018 first departmental and fund budget appropriation adjustments in accordance with existing City Council policy. (Citywide)
DISCUSSION
On September 5, 2017, the City Council adopted the Appropriations Ordinance governing the City’s Adopted Budget for Fiscal Year 2018 (FY 18). Periodically, changes in revenue or operating conditions require mid-year 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, Attachment B for a recap of FY 18 General Fund Expenditure Budget Adjustments and Attachment C for a Summary of the 2018 Budget Saving Targets by Department and Fund.
This matter was reviewed by Deputy City Attorney Amy R. Webber on February 5, 2018.
TIMING CONSIDERATIONS
The following requests for adjustments to FY 18 departmental and fund appropriations are necessary to reflect changes in operating conditions. City Council action is requested on February 20, 2018, to enable the timely processing of budget adjustments.
FISCAL IMPACT
FY 18 Appropriation Adjustments
City Manager
1. Increase appropriations in the Special Advertising and Promotion Fund (SR 133) in the City Manager Department (CM) by $40,000 for Dia de los Muertos and Jazz Festival, offset by appropriation in the Parks, Recreation and Marine Department (PR);
Decrease appropriations in the Special Advertising and Promotion Fund (SR 133) in the Parks, Recreation and Marine Department (PR) by $40,000 to appropriate the FY 18 one-time funds in the City M...
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