TITLE
Recommendation to approve the use of the First Council District's FY 12 Office Budget Surplus Funds for Neighborhood Services projects; increase FY 14 appropriations in the General Fund (GP) in the Development Services Department (DV) by $15,144, and increase FY 14 appropriations in the General Services Fund (IS 385) in the Department of Technology Services (TS) by $15,144 for the transfer of funds.
DISCUSSION
In 2012, the First Council District Office Budget ended the Fiscal Year with a surplus of$16,591. On February 19, 2013, the City Council approved the transfer of those funds to the Technology Services Department for First Council District reprographics needs in FY 13. The First Council District has determined that the anticipated reprographics use would not be fully needed in FY 13, and is requesting approval to re-appropriate the remaining $15,144 to the Development Services Department in FY14 for Neighborhood Services projects
FISCAL IMPACT
This transaction increases appropriation in the General Fund (GP) in the Development Services Department (DV) by $15,144 (to allow the money to be spent), and increases appropriations in the General Services Fund (IS 385) in the Department of Technology Services (TS) by $15,144 to allow for the transfer of funds to the General Fund so they can be spent only for the indicated purpose. Any funds not used for this purpose by the end of FY 14 will lapse to fund balance and will not be available after FY 14.
SUGGESTED ACTION
Approve recommendation.
Respectfully Submitted,
VICE MAYOR ROBERT GARCIA
COUNCILMEMBER, FIRST DISTRICT