HomeMy WebLinkAboutReso 173-14 Amend Budget 4th Qtr RESOLUTION NO. 173 - 14
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
APPROVING A FOURTH QUARTER BUDGET AMENDMENT TO THE CITY OF DUBLIN'S
FISCAL YEAR 2013-14 BUDGET AND APPROVING RESERVE DESIGNATIONS AS OF
JUNE 30, 2014
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 4th Quarter Financial Review of Fiscal Year 2013-14 received by the City Council on
October 7, 2014; and
WHEREAS, the following 4th quarter budget items need City Council approval:
General Fund:
1. Increase Parks and Development Program salaries: $79,002
2. Increase Engineering Program salaries: $93,807
Non-General Fund:
1. Increase Federal Transportation funding to reimburse Measure B for Alamo Canal
project: $23,490
2. Increase Measure D funding for drainage maintenance: $2,040
3. Increase Landscape District Stagecoach funding for landscaping and maintenance:
$2,035 (total)
4. Increase Public Art Fund appropriation for repairs and maintenance: $5,547
5. Increase Eastern Dublin Traffic Impact Fee (Cat 1) funding for Tassajara Interchange
construction: $115,362
6. Increase Eastern Dublin Traffic Impact Fee (Cat 2) funding for ACSPA BART Short Term
Loan payment: $100,000; and
WHEREAS, the following 4th quarter General Fund reserve designations need City Council
approval, and will be added to FY 2012-13 reserve balances:
1. $131,153 to the Economic Stability Reserve (Committed)
2. $1,500,000 to the Emerald Glen Aquatics Complex Reserve (Committed)
3. $636,202 to the Fire Services OPEB Reserve (Committed)
4. $1,641,538 to the Cemetery Expansion Reserve (Committed)
5. $386,207 to the Non-Streets CIP Reserve (Committed)
6. $775,000 to the Shannon Center Parking Lot Reserve (Committed)
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7. $3,500,000 million for an Advance to the Public Facility Fees Fund (Committed)
8. $82,590 to the Accrued Leave Reserve (Assigned)
9. $1,486,299 to the Operating Carryover Reserve (Assigned)
10.$1,083,752 to the CIP Carryover Reserve (Assigned)
11. $500,000 to the Contribution to ISF Reserve (Assigned)
12. $70,915 to the Catastrophic Loss Reserve (Assigned)
13. $2,000,000 to the Civic Center Renovation, Police Wing (Assigned)
14. $1,386,207 to the Pension and OPEB Reserve (Assigned)
15.$325,000 to the Fiscally Responsible Adjustment Reserve (Assigned);
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, and does hereby confirm the designation of reserves as listed
in this resolution.
PASSED, APPROVED AND ADOPTED this 7th day of October, 2014, by the following vote:
AYES: Councilmembers Biddle, Gupta, Hart, Haubert, and Mayor Sbranti
NOES: None
ABSENT: None
ABSTAIN: None ``�
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Mayor
ATTEST:
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City Clerk
Reso No. 173-14,Adopted 10-7-14, Item 8.3 Page 2 of 2