Res 10-069RESOLUTION NO. 10 -069
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POWAY, CALIFORNIA
APPROVING YEAR -END AMENDMENTS TO THE CITY'S FINANCIAL PROGRAM
FOR FISCAL YEAR 2010 -2011
WHEREAS, on June 15, 2010, the City Council of the City of Poway adopted
the Poway Financial Program for Fiscal Year 2010 -11; and
WHEREAS, a first quarter review of activity has determined that certain
amendments to the Fiscal Year 2010 -11 Poway Financial Program are necessary.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Poway
as follows:
Section 1 : The additional appropriations, transfers, and loans listed in Exhibit "A"
and authorized by Resolution No. 10 -069 are to be made.
PASSED, ADOPTED, AND APPROVED by the Gjty Council of the City of Poway
at a regular meeting this 16th day of November. 2010
i
Carl Kruse, Deputy Mayor
ATTEST:
a
inda . Troyan, MMC, Ci y Clerk
Resolution No. 10 -069
Page 2
STATE OF CALIFORNIA )
) SS
COUNTY OF SAN DIEGO)
I, Linda A. Troyan, MMC, City Clerk of the City of Poway, do hereby certify under
penalty of perjury that the foregoing Resolution No. 10 -069 was duly adopted by the
City Council at a meeting of said City Council held on the 16th day of November 2010,
and that it was so adopted by the following vote:
AYES: BOYACK, CUNNINGHAM, MULLIN, KRUSE
NOES: NONE
ABSENT: HIGGINSON
DISQUALIFIED: NONE
L Troyan, MMC, City Clerk
Resolution No. 10 -069
Exhibit A
Recommended First Quarter Adjustments to Financial Program for Fiscal Year 2010 -11
Wastewater Pumping /Disposal (0403)
Interfund Transfers -out (2003)
Sewer (510)
D-
V, �Account
Poway Royal (293)
1702C
Litigation- Attorney
50,000
2810
5330
Metro System
D escni pill n
Interfund Transfers -out (1)
(50,000)
Amount
4,076,600
Interfund Transfers -out (2003)
Poway Royal (615)
5330
Interfund Transfers -out (1)
77,700
Interfund Transfers -out (2003)
Poway Royal (615)
5330
Interfund Transfers -out (1)
2,426,330
Interfund Transfers -in (2002)
Pension Stabilization Fund (104)
5320
Interfund Transfers -in (1)
(2,426,330)
Interfund Transfers -out (2003)
Poway Royal (293)
5330
Interfund Transfers -out (2)
10,000,000
Interfund Transfers -in (2002)
General Fund (100)
5320
Interfund Transfers -in (2)
(10,000,000)
Interfund Loans (2004)
General Fund (100)
5350
Interfund Loan
3,000,000
Interfund Loans (2004)
General Fund (100)
15350
Interfund Loan
(3,000,000)
Total Debt Service/Transfers
Project De scription
Fixed Playground Signs Project
Capital
Fund
State Grants (242)
urce it
242- New Project
4,154,300
n
Amou It
6,753
Red Cross Shelter Supplies
Other Grants (247)
247 -1174A
1,380
Hurricane Katrina Relief
Federal Grants (253)
253 -11468
(222,776)
GIS Project
Special Projects Fund (102)
102 -1140E
(11,633)
Street Maintenance
Traffic Cong AB2928 (224)
224 -1299A
(218,955)
Total Multi -Year Programs & Capital Improvements
(445,231)
(1) Estimated transfer amounts The final /actual transfer amounts will close out the two Poway Royal funds.
(2) Transfer note receivable from the Poway Royal sale to the General Fund.