Resolution - 2017-104ickolas S. Lewis
City Clerk
RESOLUTION NO. 2017-104
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
WEST COVINA, CALIFORNIA, ADOPTING A BUDGET
AMENDMENT FOR THE FISCAL YEAR COMMENCING
JULY 1, 2016, AND ENDING JUNE 30, 2017 (Fourth Quarter
Financial Report)
WHEREAS, the City Manager, on or about June 21, 2016, submitted to the City Council
a proposed budget for the appropriation and expenditure of funds for the City for West Covina for
Fiscal Year 2016-17; and
WHEREAS, following duly given notice and prior to budget adoption, the City Council
held a public meeting on June 21, 2016, considering and evaluating all comments, and adopted a
budget for the fiscal year commencing July 1, 2016, and ending July 30, 2017; and
WHEREAS, amendments must periodically be made to the budget to conform to changed
circumstances following adoption of the budget.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF WEST COVINA,
CALIFORNIA DOES RESOLVE AS FOLLOWS:
SECTION 1. Budget Amendment No. 199 is hereby approved as reflected on Exhibit
No. 1, attached hereto.
SECTION 2. The City Clerk shall certify to the adoption of this Resolution.
PASSED, APPROVED, AND ADOPTED this 7th day of November, 2017.
Corey Warshaw
Mayor
APPROVED AS TO FORM
Kimberly I--ffill arlow
City Attorney
ATTEST
I, HEREBY CERTIFY that the foregoing resolution was duly adopted by the City Council
of the City of West Covina, California, at a regular meeting thereof on the 7s t day of November,
2017 by the following vote of the City Council:
AYES:
NOES:
ABSENT:
ABSTAIN:
Johnson, Spence, Toma, Wu, Warshaw
None.
None.
None.
Exhibit No. 1
BA # 199
CITY OF WEST COVINA Posted By:
BUDGET AMENDMENT Date Posted:
Date:
Requested by:
Dept/Div:
EXPENDITURES
Account Number
6/30/2017
Nicole Lugotoff
Finance/Housing
Dept/Account Description
Fiscal Year: 2016-17
Amount: 893,220.00
Description: 4th Quarter Financial Report
Proposed
Current Budget Amendment Amended Budget
110.31.3120.8102 PROPERTY & LIABILITY INS CHARGES 1,222,612.00 375,357.00 1 597,969.00
110.32.3210.5113 OVERTIME SALARIES 1,266,438.25 517,863.00 1,784,301.25
REVENUES
Account Number Account Description Current Budget
Proposed
Amendment Amended Budget
REASON/JUSTIFICATION (Please be specific)
To appropriate General Fund expenditures in the amount of $893,220 to property & liability insurance and overtime
salaries to eliminate the excess expenditures over budget,
APPROVALS
City Council Approval Date (if required, attach minutes): 11/7/2017 o Approval Not Required
Dept Head Approval: see attached Date:
Finance Director:
Date:
Funds Available? 0 Yes oNo
City Manager: see attached Date:
(if over $100,000)
n Approved 0 Denied