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CC Resolution No. 12-146 Mid-Year Budget Adjustment # 3 RESOLUTION NO. 12-146 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AMENDING THE OPERATING BUDGET FOR FISCAL YEAR 2012-13 BY RATIFYING THE ADEQUACY OF ESTIMATED AMENDED REVENUES TO COVER AMENDED APPROPRIATED MONIES AND APPROPRIATING MONIES THEREFROM FOR SPECIFIED ACTIVITIES AND ACCOUNTS WHEREAS, the orderly administration of municipal government is dependent on the establishment of a sound fiscal policy of maintaining a proper ratio of expenditures within anticipated revenues and available monies; and WHEREAS, the extent of any project or program and the degree of its accomplishment, as well as the efficiency of performing assigned duties and responsibilities, is likewise dependent on the monies made available for that purpose; and WHEREAS, the City Manager has submitted his estimates of amended anticipated revenues, has determined that estimated amended revenues are adequate to cover amended appropriations, and has recommended the allocation of monies for specified program activities NOW, THEREFORE, BE IT RESOLVED that the City Council does hereby adopt that the attached anticipated amended resources to be received in the General and Sports Center Funds during fiscal year 2012-13 are sufficient to cover the attached amended appropriations. BE IT FURTHER RESOLVED that there is appropriated from the General and Sports Center Funds the sum of money set forth as amended expenditures for those funds, as named in Attachment Al, to be used for the purposes as expressed and estimated. Resolution No. 12-146 Page 2 PASSED AND ADOPTED at a regular meeting of the City Council of the City of Cupertino this 18th day of December 2012, by the following vote: Vote Members of the City Council AYES: Mahoney, Wong, Chang, Santoro, Sinks NOES: None ABSENT: None ABSTAIN: None ATTEST: APPROVED. /%v//3 Grace Schmidt, City Clerk Orrin Mahoney, Mayo , ity of Cupertino Resolution No. 12-146 Page 3 In recognition of a 2012-13 General Fund estimated net revenues decrease of $16,014,000, as described in the following revenue increases and decreases table, the resolution authorizes a net expenditure decrease of$16,014,000, as described the following expenditure increases and decreases table, in order to maintain a balanced General Fund budget: Revenue Increases and (Decreases) Ongoing sales tax decrease $(1,000,000) One-time sales tax deferral to 2013-14 (6,000,000) One-time construction tax deferral to 2013-14 (7,000,000) One-time building fee deferrals to 2013-14 (859,000) One-time planning fee deferrals to 2013-14 (1,870,000) Property tax administration fee refund 700,000 Blackberry Farm Park concession sales increase 15,000 TOTAL REVENUES DECREASE $ 16,014,0001 Expenditure Increases and (Decreases) Retiree health liability funding deferral to 2013-14 $(13,830,000) Pavement management capital budget deferral (250,000) Capital project reserve deferral to 2013-14 and 2014-15 (3,700,000) Assistant City Attorney salary/benefits increase 110,000 City Attorney salary/benefits adjustment 12,000 Sales tax legal counsel increase 80,000 Human resource contract services increase for 50,000 professional negotiator General outside legal counsel services consolidation 150,000 Consolidate human resource outside legal counsel (100,000) services into general outside legal counsel category Consolidate sales tax consultant services into general (50,000) outside legal counsel category New salary and benefits survey 20,000 Blackberry Farm Park concession supplies increase 15,000 Blackberry Farm Park pool ADA lift 6,000 Blackberry Farm Park utility budget duplication (60,000) Water utility costs for street medians 50,000 Streetlight utility costs 15,000 Control of Canada geese in parks and athletic fields 20,000 Virtual desktop computer implementation 85,000 Additional technological data storage capacity and 56,000 management Agenda management software enhancement 33,000 Resolution No. 12-146 Page 4 Increase unassigned reserves in anticipation of 2013-14 1,130,000 budget needs City Hall office reconfiguration 125,000 Ergonomic evaluations and corrections 10,000 Desktop computers 5,000 Lehigh air quality study contribution 4,000 TOTAL EXPENDITURES DECREASE $(16,014,000) In recognition of a 2012-13 Sports Center Fund estimated revenues increase of$203,500, as described in the following revenue increases table, the resolution authorizes an expenditure increase of$203,500, as described the following expenditure increases table, in order to maintain a balanced Sports Center Fund budget: Revenue Increases Tennis instruction revenues $203,500 Expenditure Increases Tennis instruction service contract $200,000 Racquetball court painting project 3,500 TOTAL EXPENDITURES INCREASE $203,500