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HomeMy WebLinkAboutItem 4.3 Aquatics Program Budget Adjustment (2) q50 3D CITY OF DUBLIN AGENDA STATEMENT CITY COUNCIL MEETING DATE: SEPTEMBER 10, 1990 SUBJECT Request For Budget Adjustment To Aquatics Program Budget - Report by Diane Lowart, Recreation Director EXHIBITS ATTACHED Resolution Approving Supplemental Appropriation to Aquatics Program Budget RECOMMENDATION Adopt Resolution FINANCIAL STATEMENT Increase Aquatics Program Budget from $150,529 to $152,051; Increase Aquatics Program Revenue from $50, 360 to $51, 882 . Net Cost To City - $0 DESCRIPTION On June 26, 1990 , the City Council adopted the Preliminary Budget and Financial Plan for Fiscal Year 1990-91. The approved budget includes $150, 360 in funding for the Aquatics Program and $50, 360 in estimated Aquatics Revenue. On August 4, 1990 , the Dublin Recreation Department hosted the Tri-Valley Swim League Championship Meet at the Dublin Swim Center. As the hosting agency, the City was responsible for all aspects of the meet from securing staff to purchasing awards and refreshments. The City received $1 , 522 in fees from the participating teams. As the expenses nor revenue from the Tri-Valley Swim League Championship Meet were not provided for in the Aquatics program Budget, is necessary to make the following adjustments to the Aquatics Program Budget: 1 . Authorize a supplemental appropriation in the amount of $1 ,522 to account number 8100-713 , Aquatics, Operating Supplies. 2 . Increase revenue account number 1000-565-020, Aquatics Revenue, by $1,522. It is recommended that the City Council adopt the attached resolution approving a supplemental appropriation of the General Funds in the amount of $1,522 . Further, it is recommended that Staff be directed to increase the estimated Aquatics Revenue in the same amount, $1,522 . ---------------------------------------------------- ITEM NO. "r RESOLUTION NO. 120 - 90 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN APPROVING A SUPPLEMENTAL APPROPRIATION OF' GENERAL FUNDS IN THE AMOUNT OF $1,522 WHEREAS, the City earned $1, 522 from the Tri-Valley Swim League Championships; and WHEREAS, this additional revenue was not anticipated at the time that the 1990-91 City Budget was published; and WHEREAS, the City Council wishes to use these funds for expenditures within the same activity as generated the money. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Dublin does hereby approve this Supplemental Appropriation of $1, 522 of General Fund money for operating supplies in the Aquatics Division within the Recreation Department. PASSED, APPROVED AND ADOPTED this 10th day of September, 1990. AYES: Councilmembers Hegarty, Jeffery, Snyder, Vonheeder and Mayor Moffatt NOES: None ABSENT: None ABSTAIN: M y r ATTEST: 7 Vity- Cl rk