Report to Mayor and City Council
Tuesday, September 20, 2016
Consent
SUBJECT:
Title
FISCAL YEAR 2015-16 BUDGET AMENDMENTS AND APPROPRIATIONS CONTINUED TO FISCAL YEAR 2016-17 (CITY COUNCIL)
Body
I. SUMMARY
At the end of each fiscal year, some budgeted projects are not completed and must be carried forward to the next fiscal year. In addition, some programs require year-end budget amendments to improve financial reporting and budgetary compliance.
II. RECOMMENDATION
Recommendation
1. ADOPT Resolution No. 16-105, A RESOLUTION OF THE CITY OF CARSON CITY COUNCIL AMENDING THE FISCAL YEAR 2015-16 BUDGET IN VARIOUS FUNDS OF THE CITY FOR FISCAL YEAR-END BUDGET AMENDMENTS AND APPROPRIATIONS CONTINUED TO FISCAL YEAR 2016-17.
2. ADOPT Resolution No. 16-106, A RESOLUTION OF THE CITY OF CARSON CITY COUNCIL AMENDING THE FISCAL YEAR 2016-17 BUDGET IN VARIOUS FUNDS OF THE CITY FOR APPROPRIATIONS CONTINUED FROM FISCAL YEAR 2015-16.
1.
Body
III. ALTERNATIVES
TAKE another action deemed appropriate by the City Council.
IV. BACKGROUND
The FY15-16 budget includes appropriations for projects that were not completed by June 30th. Staff requests amendments to reduce the FY15-16 budget and increase the FY16-17 budget, to continue these appropriations to FY16-17. In most cases there is no net fiscal impact, as illustrated below.
There are 2 continuing appropriations lists accompanying this staff report: Operating Budget and Capital Improvement Program (CIP). The justifications for each request are included in the Exhibits. There is additional information related to funding changes for some CIP projects, described in detail below. Staff requests fiscal year-end budget amendments for these funding changes.
Citywide Sidewalk Assessment (project 1509) FY15-16 budget of $100,000
The Citywide sidewalk assessment was budgeted in the Federal Highway Planning Fund 20 for FY15-16. However, it was determined the project is not eligible for the federal funding. As this is a C...
Click here for full text