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HomeMy WebLinkAboutAGENDA REPORT 1991 0417 CC REG ITEM 08EPAUL W. LAWRASON JR. Mayor BERNARDO M. PEREZ Mayor 'To Tern SCOTT MONTGOMERY Councilmember JOHN E. WOZNIAK Counciimember LILLIAN KELLERMAN City Cierk TO: FROM: DATE: SUBJECT: MOORPARK HONORABLE CITY COUNCIL ITEM M 10ORPARK, CALIFORNIA STEVEN KUENY City Council Meeting City Manager of --1117 199L CHERYL J. KANE City Attorney ACT1• " 0N K RICHARDS, A.I.C.P_ Director of �ammunity Development JOHN F. KNIPE By City Engineer JOHN V. GILLESPIE Chief of Police RICHARD T. HARE City Treasurer RICHARD HARE, DEPUTY CITY MANAG JV APRIL 12, 1991 RECREATION FUND (33) REPORT FINANCIAL ACTIVITY Background The recreation fund is used to account for some of the recreation programs' receipts and disbursements including some of the related support costs. This fund is intended to track those programs which are self - supporting from fees and charges received. The general fund is used to support most of the fixed costs associated with running recreation programs. The combined expenditures budget from the general fund and the recreation fund for recreation activities is $222,229 for fiscal year 90/91. The recreation fund portion of this total budget is $105,900. It was anticipated that the City would receive $150,000 in revenues during the year in Fund 33. The recreation fund began with a fund balance carry over of $17,153. Since the beginning of the year through the first week of April, $51,729 in receipts have been collected. The total revenue for the fund as of this report is $68,882. Disbursements made to date, including warrants processed for this meeting ($7,654), have been $70,471. The recreation fund therefore has a negative balance of $1,589. The Director of Community Services has indicated the deficit balance is due to several factors including the carry over of Star Club expenses from FY 89/90 to dispose of the building ($8,023); unexpected electrical repairs to the Peach Hill ball field lights (2 /3rds of the cost $4,256) ; a reduction in revenue from adult sports because the school district disallowed City use of their facilities for basketball and volleyball, and the overseeding of the Peach Hill ball field, which resulted in one less softball season during 90/91. In addition, less revenue was received from contract classes than was projected. 799 Moorpark Avenue Moorpark. California 93021 (805) 529 -6864 Expenditures remaining for the year include two youth dances which will cost between $600 and $1,000 and the Cinco de Mayo celebration. The Parks and Recreation Commission met on April 8th and reviewed the financial condition of the recreation fund. The Commission did not make any recommendation regarding the financial position of the fund. However, the Commission has requested a $12,000 budget for Cinco de Mayo indicating that the event will cover the costs. Budgeted funds remain in the general fund recreation line item for Contractual Services. These funds were budgeted for a contract, which was never executed, with the Moorpark Youth Activities organization and for summer activities for teens which totaled approximately $4,448 out of a budgeted $8,800. The remaining budget balance in this line item is $9,352. Recommendation Authorize staff to charge youth dances and the Cinco de Mayo event costs to the general fund recreation department line item for contractual services (01.4.148.642) and direct that revenues received from both activities be credited to the general fund to offset the associated expenses. , 1