Long Beach, CA
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File #: 22-0561    Version: 1 Name: FM - FY 22 second departmental and fund budget appropriation adjustments
Type: Agenda Item Status: Approved
File created: 4/28/2022 In control: City Council
On agenda: 5/17/2022 Final action: 5/17/2022
Title: Recommendation to approve the Fiscal Year 2022 second departmental and fund budget appropriation adjustments in accordance with existing City Council policy. (Citywide)
Sponsors: Financial Management
Attachments: 1. 051722-R-23sr&att.pdf
TITLE
Recommendation to approve the Fiscal Year 2022 second departmental and fund budget appropriation adjustments in accordance with existing City Council policy. (Citywide)

DISCUSSION
On August 24, 2021, the City Council adopted the Appropriations Ordinance governing the City of Long Beach’s (City) Adopted Budget for Fiscal Year 2022 (FY 22). 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. Other instances involve a contractual obligation or a City Council-initiated project or general operations that require appropriation adjustments to be made. In accordance with the City’s practice, these adjustments are presented periodically throughout the year to the City Council for consideration. On March 8, 2022, the City Council approved the first departmental and fund budget appropriations adjustments. This is the second departmental and fund budget appropriation adjustments request for FY 22. The detailed descriptions of the proposed adjustments are provided below. Attachment A provides a Summary of Proposed Adjustments of Impacted City Funds.

This matter was reviewed by Assistant City Attorney, Gary J. Anderson, on May 2, 2022.

TIMING CONSIDERATIONS
The following requests for adjustments to FY 22 departmental and fund appropriations are necessary to reflect changes in operating conditions. City Council action is requested on May 17, 2022, to enable the timely processing of budget adjustments.

FISCAL IMPACT

Airport

1. Increase appropriations in the Airport Fund Group in the Airport Department by $200,000 for the purchase of additional supplies and spare parts related to the operations of the new airline ticke...

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