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HomeMy WebLinkAboutResolutions - No. 2013-23RESOLUTION NO. 2013-23 A RESOLUTION OF THE LODI CITY COUNCIL AMENDING THE CITY OF LODI FINANCIAL PLAN AND BUDGET FOR THE FISCAL YEAR BEGINNING JULY 1,2012 AND ENDING JUNE 30,2013 --------------------------------------------------------------- .................................................................. WHEREAS, the City Council adopted a balanced Financial Plan and Budget for Fiscal Year 2012/13 on June 6, 2012; and WHEREAS, the adopted 2012/13 Financial Plan and Budget was prepared in accordance with the City Council's goals, budget assumptions, and policies; and WHEREAS, revisions to the adopted 2012/13 Financial Plan and Budget are necessary to address additional revenues, operating changes, and expenditure estimates. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Lodi does hereby revise the adopted 2012/13 Financial Plan and Budget for the General Fund, Parks, Recreation and Cultural Services Fund, Public Safety Special Revenue Fund, HUD Federal Sustainable Communities Fund, Capital Outlay Fund, and the Debt Service Fund as noted on the attached Appropriation Adjustment Request. Dated: February 20, 2013 ------------------------------------------------------------------ ------------------------------------------------------------------ hereby certify that Resolution No. 2013-23 as passed and adopted by the City Council of the City of Lodi in a regular meeting held February 20, 2013, by the following votes: AYES: COUNCIL MEMBERS — Hansen, Katzakian, Mounce, and Mayor Nakanishi NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS— Johnson ABSTAIN: COUNCIL MEMBERS — None RA JOHL City Clerk 2013-23 1. AA# 2. JV# FUND # BUS. UNIT # ACCOUNT # ACCOUNT TITLE AMOUNT A. 230 2301 5698 Asset Seizure Fund $ 18,600.00 SOURCE OF FINANCING 234 2341 5566 JAG Grants $ 18,175.00 235 2351 5605 State COPS Grant $ 50,000.00 236 2361 5604 Distracted Drivers grant $ 12,230.00 444 4441 5569 HUD Sustainable Communities $ 52,000.00 1211 n/a 4210 Capital Improvement Transfer In $ 111811630.00 347 n/a 4210 PRCS Transfer In $ 467,445.00 410 n/a 4210 JDebt Service Transfer In $ (1,181,630.00) B. USE OF FINANCING 235 2351001 7359 State COPS Grant $ 50,000.00 347 n/a 4220 PRCS Transfer Out $ 467,445.00 100 100205 8099 $ ecial Payments $ 714,185.00 100 101031 8099 Police Administration/Special Pmts $ 535,640.00 100 100431 8099 Economic Develo ment/Spec Pmts $ 178,545.00 410 410032 7924 Debt Service Bond Interest $ 526,630.00 410 410032 7925 Debt Service Bond Principal $ 655,000.00 444 444001 7323 Development Code Update $ 52,000.00 Please provide a description of the project, the total cost of the project, as well as justification for the requested adjustment. If you need more space, use an additional sheet and attach to this form. FY 12/13 Mid -year adjustments. Police Special Revenue Fund- recognize unbudgeted revenues from grants; Debt Service - adjustmentsto budgetfor debtservice savings due to refinancing; savings transferred to Capital ImprovementFund If C ;il has authorized the appropriation adjustment, complete the following: Meeting Date: Res No: Attach copyofresolution to this form. Department Head Signature: C 4r, ��� ------� — Deputy City Manager/Internal Services Manager Date