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HomeMy WebLinkAboutReso 52-14 Budget 3rd Quarter RESOLUTION NO. 52 - 14 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN APPROVING A THIRD 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 3rd Quarter Financial Review of Fiscal Year 2013-14 received by the City Council on May 6, 2014; and WHEREAS, the following 3rd quarter budget items need City Council approval: General Fund: 1. Increase Sales Tax Revenue: $798,548 2. Increase Franchise (Electric) Revenue: $126,837 3. Decrease Santa Rita Services Revenue: ($295,000) 4. Increase Community Benefit Payment Revenue: $385,000 5. Increase Annual Fire Permits Revenue: $20,000 6. Increase Building Permits Revenue: $326,680 7. Increase Construction and Demo Permit Revenue: $23,196 8. Increase City Calgreen Building Permit Surcharge Revenue: $46,164 9. Increase Encroachment Revenue: $73,663 10.Increase Fire Alarm Revenue : $29,950 11.Increase Sprinkler/ Underground Permit Revenue: $95,000 12.Increase Fire Plan Check Revenue: $17,150 13.Increase Zoning Revenue: $773,000 14.Increase Contract Services Expenditures: $200,000 ($100,000 for cricket turf; $25,000 for potable-to-recycled water conversion; and $75,000 for attorney services related to the City-Camp parks partnership) 15.Decrease Contribution to Other Agency Expenditures, for Fire OPEB: ($6,487,000) 16.Increase Building Inspection Expenditures: $150,000 17.Increase Planning — Professional Service: $351,383 18.Increase Planning — Professional Services (Reimbursable): $272,913 Non-General Fund: 19.Appropriate Additional Maintenance Funds in the Vehicle Maintenance Fund (Police Vehicles): $10,000 20.Remove Budget for Eastern Dublin Arterial Street and Freeway Project (st0295): $2,598,813 Page 1 of 2 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. PASSED, APPROVED AND ADOPTED this 6th day of May, 2014, by the following vote: AYES: Councilmembers Biddle, Gupta, Hart, Haubert, and Mayor Sbranti NOES: None ABSENT: None ABSTAIN: None M-- OJLZ Mayor ATTEST: a,142 fic‘ City Clerk Reso No.52-14,Adopted 5-6-14, Item 8.3 Page 2 of 2