Resolution - 2017-19RESOLUTION NO. 2017-19
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
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, and July .5, 2016, receiving, 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 Adjustment No. 113 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 18 th day of April, 2017.
APPROVED AS TO FORM 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 18 th day of April, 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 * 113
CITY OF WEST COVINA Posted By:
BUDGET AMENDMENT
Date Posted:
Date:
Requested by:
Dept/Div:
4/18/2017
Heather S., Nayeli V., Christa B.
Community Services/Finance
Fiscal Year: 2016-17
Amount: $244,243.00 , net $178,243
Description: Additional funding for daycares &
increase in residual tax increment
EXPENDITURES
Account Number Dept/Account Description Current Budget
Proposed
Amendment Amended Budget
110.51.5132.5112 Wescove/PT Salaries 61,883.21 14,000.00 75,883.21
110.51.5133.5112 Vine/PT Salaries 87,437.18 11,000.00 98,437.18
110.51.5134.5112 Orangewood/PT Salaries 81,243.83 26,500.00 ' 107,743.83
110.51,5135.5112 Palrnview/PT Salaries 88434.67 14,500.00 102,634.67
-
-
-
-
-
-
-
-
-
-
-
-
REVENUES
Account Number Account Description Current Budget
Proposed
Amendment Amended Budget
110.51.4651 Afterschool Program - Wescove 92,700.00 6,000.00 98,700.00
110.51.4653 Afterschool Program - Vine 154,500.00 19,000.00 173,500.00
110.51.4654 Afterschool Program - Orangewood 97,850.00 26,500.00
14,500.00
124,350.00
117,500.00 110.51.4675 • Afterschool Program - Palmview 103,000.00
110.00.4014 Residual/Excess Tax Increment 1,800,000.00 178,243.00 1,978,243.00
REASON/JUSTIFICATION (Please be specific)
To appropriate revenues and expenditures in the amount of $66,000 in order to accommodate an increase in
participation in the City's preschool and school age daycare programs. Additional personnel is needed at the sites to
cover required ratios. These programs are on track to exceed the estimated year end revenues. The additional
revenues should be sufficient to support the additional operating expenses from increased personnel costs and
increase the revenue budget for the Residual/Excess Tax Increment based on LA County Auditor Controller estimate
dated 4/3/17.
APPROVALS
City Council Approval Date (if required, attach minutes): 4/18/2017 o Approval Not Required
Dept Head Approval: see attached
Finance Director:
Funds Available? o Yes oNo
Date:
Date:
City Manager: see attached Date:
(if over $10D,000)
ci Approved o Denied