HomeMy WebLinkAboutReso 24-14 Budget Amend 2nd Qtr '
RESOLUTION NO. 24 - 14
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
ADOPTING A SECOND QUARTER BUDGET AMENDMENT TO THE CITY OF DUBLIN'S FISCAL
YEAR 2013-14 BUDGET
WHEREAS, the City of Dublin adopts the budget with the intent of providing a planned policy
program for City services; and
WHEREAS, the City Council approved Resolution 86-13 adopting the Adopted Budget and
Financial Plan for Fiscal Year 2013-14 on June 4, 2013; and
WHEREAS, amendments for revenues and expenditures impacting the various funds should
be approved, consistent with the changes in estimated revenues, operating requirements, and
previous City Council actions, and consistent with the information provided with the 2nd Quarter
Financial Review of Fiscal Year 2013-14 received by the City Council on March 4, 2014; and
WHEREAS, the following 1st quarter budget items need City Council approval:
1. Increase General Fund Property Tax revenue by $1,016,004;
2. Decrease General Fund Interest Income revenue by $300,000;
3. Appropriate $44,574 in Measure B funds for the Bicycle and Pedestrian Master Plan Update;
4. Appropriate $80,000 in Vehicle Registration Fees to be added to the Citywide Signal
Communications Upgrade (Project st0713);
5. Appropriate $48,591 from the Downtown Traffic Impact Fee (TIF) Fund to update the
Downtown Traffic Fee; and
, 6. Appropriate $79,745 from the Traffic Impact Fee Category 1 Fund for the Tassajara Road
Precise Alignment and Design.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Dublin does hereby
amend the Adopted Budget and Financial Plan for Fiscal Year 2013-14 to account for the items listed
in this resolution.
I PASSED, APPROVED AND ADOPTED this 4th day of March, 2014, by the following vote:
AYES: Councilmembers Biddle, Gupta, Hart, and Mayor Sbranti
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1 NOES: None
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ABSENT: Councilmember Haubert
ABSTAIN: None LT 1,,,- ritenj
Mayor
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ATTEST:
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City Clerk
Reso No.24-14,Adopted 3-4-14, Item 8.6 Page 1 of 1
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