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F \FINANCE\BUDGET\OBBUDREV\9899\FINALCHG\SRBUDS99 WPD Santa M~~t/~N~
Council Meeting June 23, 1998
TO Mayor and CIty Council JUN23.
FROM City Staff
SUBJECT Supplemental Staff Report
AddItIonal Recommended RevIsIons to the FY 1998-99
Proposed City Budget
Attached IS a listing of additIonal recommended changes to the FY 1998-99 Proposed City
Budget and explanations of those changes If the addrtlonal changes are approved for
inclusion In the Crty Budget, the undesrgnated and unreserved General Fund Balance
projected to eXist at the end of FY 1998-99 will become $16,109,862
~~nI 11>
~/HA/RA/PA --1-
JUN 2 3 198
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SUPPLEMENT TO EXHIBITS A & B
~
SUPPLEMENTAL REVISIONS TO THE
PROPOSED FY 1998-99 BUDGET
Final Changes Supplemental
Revised Final Changes
Proposed Revised
Buda~' Proposed
FundJDeDU(Div or Prall B.wIsW Net Chanae EXDlanatlon or Chanae
REVENUE ESTIMATE
GenerallMeter Parking $3,510,000 $3,650,000 $140.000 To reflect extenSion of meter hours
and addition of Sunday meter hours
on Main Street
EXPENDITURE APPROPRIATIONR
GeneraVPlannlng & $7,061.454 57,101,454 $40,000* To add funds for grant to Santa
Community Development! Momca Chamber of Commerce (Main
(Transportation Street merchants orgamzatlon) for
Management) pilot Main Street Shuttle program
Gen erallPollceJ $32.413,141 $32,426,041 $12,900* To add funds for Increased Overtime
(Operations) expenses for pollee secunty at the
2030 Beach Parking Lot related to the
pilot Main Street ShutUe program
GeneraV' Non- 527,280,839 $27,465,839 5185,000 To set aSide funds for lease
Departmental/(Other Costs) management seMces for the Santa
Momca Pier, to be prOVided by the Pier
Restoration Corporation
Generall ($12.793,581) ($12.773,789) $19,792* For an operating transfer to the Beach
No n-Departmentall Fund for retmbursement of shuttle bus
(Interfund Transactions) expenses related to the PIlot Main
Street Shuttle program (+$32.692),
and an operating transfer from the
Beach Fund for retmbursement of
police secunty expenses at the 2030
Beach Parking Lot (-$12,900)
General Fd Total $257 692
Beach/Community & $2,049,983 $2,095,144 $45.161* To add funds for Increased shuttle bus
Cultural SeMcesl(Beach) expense (+$41,342) and addillonal
parking lot cashIers (+$3,819) for the
pilot Main Street Shuttle program
Beach! $371,972 $352,180 ($19,792)* For an operating transfer from the
Non-DepartmentaV General Fund for retmbursement of
(lnterfund Transactlons) shuttle bus expenses related to the
pilot MaIn Street Shuttle program
(-$32,692), and for an operating
transfer to the General Fund for
reimbursement of police secunty
expenses at the 2030 Beach Parkmg
Lot (+$12,900)
Beach Fd Total $25.369
*Plan approved by City CounCil, 6/16198
F \FI NANCE\BUDGET\OBBUDREV\9899\FINALCHG\SRBUDS99 WPD
CouncIl Meeting June 23, 199a Santa MOnica, California
TO Mayor and City Council
FROM City Staff
SUBJECT Supplemental Staff Report
Additional Recommended RevIsions to the FY 1 99a~99
Proposed City Budget
Attached IS a listing of additional recommended changes to the FY 1998-99 Proposed City
Budget and explanatIons of those changes If the additional changes are approved for
inclUSion In the City Budget, the undeslgnated and unreserved General Fund Balance
projected to eXIst at the end of FY 1998-99 Will become $16,109,862