Long Beach, CA
Share to Facebook Share to Twitter Bookmark and Share
File #: 18-1145    Version: 1 Name: CD9 - Fund Transfer MLK Celebration
Type: Agenda Item Status: Approved
File created: 12/14/2018 In control: City Council
On agenda: 12/18/2018 Final action: 12/18/2018
Title: Recommendation to increase appropriations in the General Fund (GF) in the City Manager Department (CM) by $50,000, offset by the Sixth Council District one-time District Priority Funds transferred from the Citywide Activities Department to support the 2019 Martin Luther King Junior Celebration; and Decrease appropriations in the General Fund (GF) in the Citywide Activities Department (XC) by $50,000 to offset a transfer to the City Manager Department.
Sponsors: VICE MAYOR DEE ANDREWS, SIXTH DISTRICT
Attachments: 1. 121818-NB-23sr&att.pdf

TITLE

Recommendation to increase appropriations in the General Fund (GF) in the City Manager Department (CM) by $50,000, offset by the Sixth Council District one-time District Priority Funds transferred from the Citywide Activities Department to support the 2019 Martin Luther King Junior Celebration; and

 

Decrease appropriations in the General Fund (GF) in the Citywide Activities Department (XC) by $50,000 to offset a transfer to the City Manager Department.

 

DISCUSSION

In accordance with the City's "Procedures for Implementation of Divide by Nine Funding," the Sixth Council District is requesting that its one-time District Priority funds be transferred to the Special Events Office in the City Manager Department to cover expenses for the 2019 Martin Luther King Junior Celebration event.

 

FISCAL IMPACT

The total appropriation increase of $50,000 in the General Fund (GF) in the City Manager Department (CM) is offset by a decrease of appropriation of one-time District Priority Funds in the General Fund (GF) in the Citywide Activities Department (XC).

 

SUGGESTED ACTION

Approve recommendation.

 

Respectfully Submitted,

DEE ANDREWS

VICE MAYOR, SIXTH DISTRICT