HomeMy WebLinkAboutReso 200-14 Amend 1st Qtr Budget RESOLUTION NO. 200 - 14
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
ADOPTING A FIRSTQUARTER BUDGET AMENDMENT TO THE CITY OF DUBLIN'S FISCAL
YEAR 2014-15 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 53-14 adopting the Adopted Budget and
Financial Plan for Fiscal Year 2014-15 on May 20, 2014; 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 First Quarter
Financial Review of Fiscal Year 2014-15 received by the City Council on November 18, 2014; and
WHEREAS, the following 1st quarter budget items need City Council approval (as listed in
Budget Change Form):
General Fund:
1. Increase Property Tax Revenue: $3,393,230
2. Increase Sales Tax Revenue: $674,520
3. Increase Other Tax Revenue: $150,000
4. Decrease Santa Rita Services Revenue: ($225,000)
Non-General Fund:
1. Increase expenditures in the Non-Safety Vehicles Fund (6103): $50,000
2. Increase expenditures for the Iron Horse Trail Bridge Feasibility Study (Fund 4401): $50,000
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 2014-15 to account for the items listed
in this resolution.
PASSED, APPROVED AND ADOPTED this 18th day of November, 2014, by the following
vote:
AYES: Councilmembers Biddle, Gupta, Haubert, and Mayor Sbranti
NOES: None
ABSENT: Councilmember Hart
ABSTAIN: None i
Mayor
ATTEST'
OEP1P/ City Clerk
Reso No. 200-14,Adopted 11-18-14, Item 8.4 Page 1 of 1