Long Beach, CA
File #: 09-0999    Version: 1 Name: FM-4th Qtr Budget adjustments
Type: Agenda Item Status: Approved
File created: 9/8/2009 In control: City Council
On agenda: 9/22/2009 Final action: 9/22/2009
Title: Recommendation to approve the Fiscal Year 2009 fourth quarter departmental and fund budget appropriation adjustments in accordance with existing City Council policy. (Citywide)
Sponsors: Financial Management
Attachments: 1. 092209-R-33sr&att.pdf
TITLE
Recommendation to approve the Fiscal Year 2009 fourth quarter departmental and fund budget appropriation adjustments in accordance with existing City Council policy. (Citywide)

DISCUSSION
On September 9, 2008, the City Council adopted the Appropriations Ordinance governing the City's Adopted Budget for Fiscal Year 2009 (FY 09). 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 appropriation in line with final grant/project award amounts. In accordance with the City's practice, these adjustments are presented quarterly to the City Council for consideration. Please see Attachment A for a Fund Balance Analysis of impacted City funds and Attachment B for a recap of FY 09 General Fund Budget Adjustments.

This letter was reviewed by Assistant City Attorney Heather A. Mahood on September 2, 2009.

TIMING CONSIDERATIONS
The following requests for adjustments to FY 09 departmental and fund appropriations are necessary to reflect changes in operating conditions. City Council action is requested on September 22, 2009 as it is the last opportunity to adjust appropriations to process payments before the end of the fiscal year on September 30, 2009.

FISCAL IMPACT
Community Development
The FY 09 MOU covering seNice agreements between the Health Department and the CD-Code Enforcement Division under the Multi-Family Housing Program provided an expenditure limit up to, but not to exceed, the amount of $552,133. This budget adjustment will align the FY 09 appropriation with the amounts approved in the MOU.
There is no impact to the General Fund.


ยท Increase appropriations in the Health Fund (SR 130) in the Department of Community Development (CD) by $106,008.

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