HomeMy WebLinkAboutAGENDA REPORT 1989 0621 CC REG ITEM 08G lU
MOORPARK
ITEM 8. E
ELOISE BROWN ,a" =., STEVEN KUENY
Mayor 0��• City Manager
BERNARDO M. PEREZ F7/4 CHERYL J. KANE
Mayor Pro Tern �400WCity Attorney
CLINT HARPER, Ph. D. r� . VA PATRICK RICHARDS, A.I.C.P.
Councilmember o . Director of
. .
PAUL LAWRASON o`% �.� Community Development
Councilmember �,ep �` R. DENNIS DELZEIT
SCOTT MONTGOMERY City Engineer
Councilmember JOHN V. GILLESPIE
RICHARD T. HARE Chief of Police
City Treasurer MEMORANDUM
T0: The Honorable City Council
FROM Richard Hare, Deputy City Manager
DATE: June 16, 1989
SUBJECT: TRANSFER OF FUNDS
Background
In projecting expenditure activity to June 30, 1989, certain department
categories will require additional appropriations over original budget
amounts. As the council is aware, the City Manager has the authority
to transfer appropriations within each of the functional categories of
Personnel , Operations and Maintenance, and Capital Outlay. City
Council action is required for transfers between categories or between
funds.
The following accounts require Council action:
General Fund Department 1114 - City Attorney
Due to increase legal activity, expenditures are expected to be
approximately $171,300 by June 30, 1989. Council has authorized
additional legal services throughout FY88/89 anticipating funding from
the general fund reserve. The current appropriation is $117,300, an
additional appropriation of $70,000 is requested in line item
01-1114-642. Funding source for this transfer is General Fund
Reserves.
Community Development_ Fund,_Dpartment 11.16 - Finance
Professional services required for reconciliation of the Trust Fund
(Fund 39) are expected to to be approximately $13,000. Current
appropriations are $5,000 from Fund 41, an additt2nal appropriation of
$8,000 is requested to line item 41-1131-642 from Fund 41. Funding
source for this transfer would be derived from the surplus in Community
Development Fund Planning Department Personnel expenses (41-•1131-502)
created by the various vacancies throughout the year.
799 Moorpark Avenue Moorpark, California 93021 (805) 529-6864
• The Honorable City Council
June 16, 1989
Page 2
Recreation Fund
Program expenditures are expected to be approximately $140,000 as of
June 30, 1989 and will exceed original appropriation of $89,350.
However program revenues are expected to be $157,000 or $66,400 greater
than the initial $90,600 projection. Although no appropriation
transfer is required, it is requested that the Council approve the
revised revenue projection and expense appropriations of $157,000 and
$140,000 respectively.
8889.apr. fin
MOORPARK, CALIFORNIA
City Council Meeting
of - / 198/
ACTION: C/1/p't-����e