R-212
FIN:CMD:yrok:midpreso Santa Monica, California
Parking Authority Meeting: Harch 13, 1990
RESOLUTION NO. 212(PAS)
(Parking Authority series)
A RESOLUTION OF THE PARKING AUTHORITY OF THE CITY OF
SANTA MONICA AMENDING THE BUDGET FOR THE FISCAL YEAR 1989-90
WHEREAS, the Parking Authority adopted the annual budget for
fiscal year 1989-90 on June 27, 1989; and
WHEREAS, the Executive Secretary conducted a mid-year review
during January, 1990; and
WHEREAS, the parking Authority may amend its budget by
motion;
NOW, THEREFORE, THE PARKING AUTHORITY OF THE CITY OF SANTA
MONICA DOES RESOLVE AS FOLLOWS:
SECTION 1. The budget for the fiscal year 1989-90 is hereby
amended by the appropriation increases, reductions, and transfers
detailed in Exhibit A.
SECTION 2.
The budget for fiscal year 1989-90 is hereby
amended by the revenue estimate adjustment detailed in Exhibit B.
SECTION 3.
The Executive Secretary shall certify to the
adoption of this resolution and thenceforth and thereafter the
same shall be in full force and effect.
APPROVED AS TO FORM:
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111
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Robert M. Myers
City Attorney
EXHIBIT A
SUMMARY OF TRANSFERS WITHIN DEPARTMENTS
REQUIRING CITY COUNCIL APPROVAL
(NO NET BUDGET IMPACT)
Fund
Department
Finance -
Administration
Treasury
Co 11 ect ions
Purchasing
Capltal ProJects -
General Government
S&W
S&E
co
CIP
Net
Change
Genera 1
-0- 58,000 182 -0- 58,182
-0- -0- 7,000 -0- 7,000
-0- (12,273) (2,103) -0- (14,376)
-0- -0- S,727 -o- S,727
-0- -0- -0- (56,533)(56,533)
Supplies and Expense, Capital Outlay and
Capital Project savings are being trans-
ferred to purchase additional computer
equipment ($7,000), renovation at the
City Warehouse ($5,727), to offset minor
additional Capltal Outlay expense
($182), and to offset unanticipated
costs associated wlth move to new
offices ($58,000).
General
Community and EconomlC
Development -
Community and Neigh- -0- 5,754 -0- -0- 5,754
borhood Services
Building Services -0- -0- (S,7S4) -0- (S,7S4)
Capital Outlay savings are being
transferred to offset costs of FY1988-89
subgrantee financial and compliance
audits paid for in FYI989-90.
General
Cultural and Recreatlon
Servlces -
Parks
Recreatlon
-0-
-0-
8,706 (6,706) -0-
-0- (2,000) -0-
2,000
(2,000)
Capital Outlay savings are being
transferred to Supplies and Expenses to
offset greater than anticipated expenses
in various accounts.
Net
Fund Department S&W S&E CO CIP Change
General General SerVlces -
Fleet Management -0- 6,290 (3,435) -0- 2,855
C1Vll Engi neen ng -0- -0- (2,855) -0- (2,855)
Capltal Outlay savings are being
transferred to Supplies and Expenses to
offset greater than anticipated vehicle
repalr costs.
Redevelopment Communlty and EconomlC
Development -
Economlc Development
(48,774) 48,774
-0-
-0-
-0-
Salaries and Wages savings are belng
transferred to Supplies and Expenses due
to unanticipated cost increases for the
Bayside Distrlct Corporation ($6,656)
and the Airport Resldual land proJect
($42,118).
SOlld Waste
Management
General SerVlces -
SOlld Waste Management
Recycllng
9,735 (~4,735) -0- -0-
-0- -0- 25,000 -0-
(25,000)
25,000
Supplies and Expense savings are being
transferred to Salaries and Wages to
offset MOU increase ($9,735 - Net) and
Capital Outlay to offset need for
emergency purchase of a refuse truck
($25,000 - Net).
Wastewater
General SerVlces -
Wastewater
-0-
-0- 16,035 (16,035) -0-
Capltal Project savings are being
transferred to Capltal Outlay to offset
additlonal costs assoclated with sewer
lnspection camera system.
Civic
Aud 1 ton urn
Cultural and Recreatlon
Servlces -
C1V1C Audltorlum
-0-
6,076 (6,076) -0-
-0-
Capital Outlay savings are being
transferred to Supplies and Expenses to
offset greater than anticipated costs
associated with more events.
Cemetery
General SerVlces -
Cemetery
(a63)
-0-
863 -0-
-0-
Salaries and Wages savings are belng
transferred to Capital Outlay to
complete replacement of Mausoleum
furniture begun in FY1988-S9.
Fund Department
Transportatlon Munlclpal Bus llnes
- Operations
Workers'
Compensatlon
Self-Insurance
Parklng
Authorl ty
(srmyexh)
City Manager -
R1Sk Management
General SerVlces -
Parklng Authorlty
S&W
Net
Change
S&E CO CIP
-0-
(26,572) 26,572 -0-
-0-
Supplies and Expenses savlngs are being
transferred to Capital Outlay to offset
cost of bus benches purchased in
FY1988-89 but not paid for until
FY1989-90.
(14,000)
-0- 14,000
-0-
-0-
Salaries and Wages savings are being
transferred to Capital Outlay to
purchase computer equipment to implement
a liabllity control system.
(8,261) 8,261
-0-
-0-
-0-
Salarles and Wages savings are being
transferred to Supplies and Expenses to
offset cost increases in various
accounts.
..
EXHIBIT B
PROPOSED CHANGES TO FY 1989-90 REVENUE BUDGET
Fund
Account Name/
Account Number
Increase/
(Decrease)
Comments
General Proceeds From Issuance $6,900,000 To reflect loan
Long Term Debt agreement with the
01-130-224-00000-0445-1000 Los Angeles County
Transportation
Commission for
purchase of the
Bergamot property
from the Southern
Pacific
Transportation
Company.
Interest - Airport <500> Technical adjustment
Certificates of to account for
Participation (COPS) interest earned on
01-130-224-00000-0452-10000 remaining Airport
COPS proceeds.
Bergamot Property Revenue 499,300 To reflect tenants'
01-130-224-00000-0455-10000 rent of the Bergamot
property and to
account for the
estimated interest
income earned on the
rent revenue.
Library/Parking Improve- 4,500,000 To reflect proceeds
ment Project - General from the issuance
Obligation Bonds of General Obligation
01-130-224-00000-0461-10000 Bonds for the Main
Library Improvements
Project.
General Fund Total $11,898,800
Fund
Misc
Grants
Water
civic
Aud.
Airport
Gas Tax
PROPOSED CHANGES TO FY 1989-90 REVENUE BUDGET
Account Name/
Account Number
Public Library Foundation Grant
20-410-613-00000-0354-10000
Water-Miscellaneous
Non-Operating Revenues
25-500-671-00000-0235-10000
Civic Auditorium - All Other
32-400-621-00000-0174-10000
Interest - Airport certificates
of Participation (COPS)
33-610-631-00000-0452-10000
Rentals
43-500-401-00000-0077-10000
Parking Parking Lot Revenues
Authority 77-500-610-00000-0427-10000
(exfpcrb)
Total Change (Gross)
Adjustment for
Reimbursements and
Transfers
Total Change (Net)
Increase/
(Decrease)
<18,200>
12,900
488,480
500
3,703
27,000
$12,413,183
<488,480>
$11,924,703
Comments
To reflect revised
state funding to
help support local
library operations.
To reflect Pacific
Telephone lease
of the Charnock
water well property.
Technical change to
recognize funds allo-
cated from the Civic
Area Development
Reserve.
Technical adjustment
for interest earned
on the Airport cops,
previously in the
General Fund.
To reflect new
contract with pioneer
Boulangerie.
To reflect revision
of lease for parking
structure #2.
Adopted and approved this 13th day of March, 1990.
u~ /(~
Chairp~on
I hereby certify that the foregoing Resolution No. 212 (PAS)
was duly adopted by the Parking Authority of the City of Santa
Monica at a meeting thereof held on March 13, 1990, by the
following Authority vote:
Ayes: Authority Members: Abdo, Finkel, Genser, Katz,
Reed, Zane
Noes: Authority Members: None
Abstain: Authority Members: None
Absent: Authority Members: Jennings
ATTEST:
L~fL ~
.--/Cterk of ParkingVAutho!"ity' -