Loading...
Res 17-070 RESOLUTION NO. 17-070 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POWAY, CALIFORNIA, APPROVING AMENDMENTS TO THE CITY'S FINANCIAL PROGRAM FOR FISCAL YEAR 2016-2017 WHEREAS, on June 16, 2015, the City Council of the City of Poway adopted the Poway Financial Program for the 2015-17 Biennium; WHEREAS, on June 21, 2016, the City Council of the City of Poway amended the Poway Financial Program for Fiscal Year 2016-17; WHEREAS, a third quarter review of revenue and expenditure activity was completed on May 16, 2017, and amendments to the Fiscal Year 2016-17 Poway Financial Program were made at that time; and WHEREAS, a review of revenue and expenditure activity at year end has determined that certain amendments to the Fiscal Year 2016-17 Poway Financial Program are necessary. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Poway, that the additional appropriations and transfers attached hereto as Exhibit A and incorporated herein by this reference are approved. PASSED, ADOPTED AND APPROVED by the City Council of the City of Poway, California, at a regular meeting this 7th day of November 2017. Steve Vaus, Mayor ATTEST: aficy eiife d, CMC, City Clerk STATE OF CALIFORNIA ) Resolution No. 17-070 Page 2 • ) ss. COUNTY OF SAN DIEGO ) I, Nancy Neufeld, City Clerk of the City of Poway, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 17-070 as duly adopted by the City Council at a meeting of said City Council held on the 7th day of November 2017, and that it was so adopted by the following vote: AYES: CUNNINGHAM, GROSCH, MULLIN, LEONARD, VAUS NOES: NONE ABSENT: NONE DISQUALIFIED: NONE Nancy'Neife CMC, City Clerk City of Poway • Exhibit A Resolution No. 17-070 Page 3 Recommended Year-end Adjustments to Financial Program for Fiscal Year 2016-17 Operating Budgets Development Services Division Fund Account Description Amount Engineering Inspection(0306) General Fund(100) 1110 Regular Salaries 5,000 Engineering Inspection(0306) General Fund(100) 1199 Vacation&5/1/Exec Cash-out • 3,000 Traffic Engineering(0307) General Fund(100) 17140 Other Contractual Services 12,000 Total Development Services Expenditures I 20,000 Public Works Division Fund Account I Description I Amount Public Works Director(0400) General Fund(100) 1110 Regular Salaries 14,500 Engineering Inspection(0410) Water Fund(510) 1110 Regular Salaries 9,000 Landscape Maint Dist.Admin(0420) Landscape Maint Dist.Admin(261) 1199 Vacation&S/L/Exec Cash-out 3,600 Landscape Maint Dist.Admin(0421) Landscape Maint Dist.83-01(263) 2730 Treated Water 15,400 Total Public Works Expenditures I 42,500 Grand Total-Year-end Operating Budget Adjustments-Expenditures I 62,500 Debt Service/Transfers/Loans/Allocations Division Fund Account I Description I Amount Interfund Transfer-out(2003) Debt Service Fund(311) 5330 Interfund Transfer-out 6,210 Interfund Transfer-in(2002) Facilities Maintenance(617) 5320 Interfund Transfer-in (6,210) Interfund Transfer-out(2003) Poway Fine Arts Center(778) 5330 Interfund Transfer-out 3,290 Interfund Transfer-in(2002) Poway Arts Fund(775) 5320 Interfund Transfer-in (3,290) Interfund Transfer-out(2003) Public Art Trust Fund(781) 5330 Interfund Transfer-out 580 Interfund Transfer-in(2002) Poway Arts Fund(775) 5320 Interfund Transfer-in (580) Interfund Loan(2004) Water Fund(510) 5110 Interest Expense 3,780 Interfund Loan(2004) General Fund(100) 5350 Interfund Loans 537,622 Interfund Loan(2004) Water Fund(510) 5350 Interfund Loans (537,622) Total Debt Service/Transfers/Allocations I 3,780 Capital Improvement Projects/Programs Project Description I Fund Source Fund/Proj.0 I Amount Sensitive Lands Acquisition Habitat Mitigation Fund(252) 252-16098 470 Tony Gwynn Memorial Donation Fund(711) 711-1193B 20,570 Total Multi-Year Programs&Capital Improvements I 21,040 I