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HomeMy WebLinkAbout10 - Accept a Check from the Friends of the Newport Beach Library and Appropriate FundsQ �EwPpRT c 9C/FOR TO: FROM: CITY OF NEWPORT BEACH City Council Staff Report July 11, 2023 Agenda Item No. 10 HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL Melissa Hartson, Library Services Director - 949-717-3801, mhartson@newportbeachca.gov PREPARED BY: Rebecca Lightfoot, Library Services Manager, rightfoot@newportbeachca.gov PHONE: 949-717-3819 Budget Amendment to Accept a Check from the Friends of the TITLE: Newport Beach Library and Appropriate Funds to the Library's Fiscal Year 2023-24 Maintenance and Operation Budget ABSTRACT: Staff requests approval of a budget amendment to accept a check from the Friends of the Newport Beach Library (Friends) to enhance the collections and programs of the Newport Beach Public Library (Library). RECOMMENDATIONS: a) Determine this action is exempt from the California Environmental Quality Act (CEQA) pursuant to Sections 15060(c)(2) and 15060(c)(3) of the CEQA Guidelines because this action will not result in a physical change to the environment, directly or indirectly; and b) Accept a check in the amount of $200,000 from the Friends of the Newport Beach Library and approve Budget Amendment No. 24-006 to increase expenditures by the same amount in Division 0106052 (Friends of the Library). DISCUSSION: A donation from the Friends in the amount of $200,000 is intended to fund materials and programs from the Library's Wish List for FY 2023-24, which was approved by the Board of Library Trustees. The Friends' mission is to enhance the excellent services that the City of Newport Beach already supports. This gift will augment the Library's collections at all locations, in all formats and for all age groups. The funds will also sponsor a variety of programming, such as Summer Reading, Sunday Musicales, National Library Week, and Young Adult Programs. 10-1 Budget Amendment to Accept a Check from the Friends of the Newport Beach Library and Appropriate Funds to the Library's Fiscal Year 2023-24 Maintenance and Operation Budget July 11, 2023 Page 2 FISCAL IMPACT: The Budget Amendment appropriates $200,000 in additional revenue from the Friends of the Newport Beach Library and $200,000 in increased expenditure appropriations with no impact on fund balance. The revenue will be posted to the Friends of the Library account in the Library Services Department, 0106052-511080, and the purchases will be expensed to the following Friends of the Library accounts: Library Materials 0106052-841052 $150,000 Programming 0106052-841004 $ 50,000 ENVIRONMENTAL REVIEW: Staff recommends the City Council find this action is not subject to the California Environmental Quality Act (CEQA) pursuant to Sections 15060(c)(2) (the activity will not result in a direct or reasonably foreseeable indirect physical change in the environment) and 15060(c)(3) (the activity is not a project as defined in Section 15378) of the CEQA Guidelines, California Code of Regulations, Title 14, Chapter 3, because it has no potential for resulting in physical change to the environment, directly or indirectly. �lei IEel 10Les The agenda item has been noticed according to the Brown Act (72 hours in advance of the meeting at which the City Council considers the item). ATTACHMENTS: Attachment A — Copy of Check Attachment B — Budget Amendment 10-2 ATTACHMENT A FRIENDS OF NEWPORT BEACH LIBRARY 1000 AVOCADO AVE NEWPORT BEACH CA 92660.7916 Pay To The Order Of BANK OFAMERICA���i ACH RIT 121000358 For 2091 I1-35/1210 CA 90996 $��J GiGVrra� .e c-- PholO ` O Dollars �O So'eaaa la 10-3 City of Newport Beach BUDGET AMENDMENT 2023-24 Department: Library Requestor: Rebecca Lightfoot ❑ CITY MANAGER'S APPROVAL ONLY 0 COUNCIL APPROVAL REQUIRED ONE TIME: B Yes ❑ No Approvals BA#: 24-006 ATTACHMENT B Finance Director: &W• Date klef/Z Citv Clerk: Date EXPLANATION FOR REQUEST: Accept donation from the Friends of the Newport Beach Library and appropriate amount to department's Maintenance ❑ from existing budget appropriations and Operation budget. from additional estimated revenues from unappropriated fund balance REVENUES Fund # Org Object Project Description Increase or (Decrease) $ 010 0106052 511080 FRIENDS OF THE LIBRARY - FRIENDS OF THE LIBRARY 200,000.00 Subtotal)I $ 200,000.00 L_... _ _..____ EXPENDITURES Fund # Org Object Project Description Increase or (Decrease) $ 010 0106052 841052 FRIENDS OF THE LIBRARY - LIBRARY MATERIALS 150,000.00 010 0106052 841004 FRIENDS OF THE LIBRARY - PROGRAMMING 50,000.00 Subtotal $ _ - 200,000.00 FUND BALANCE Fund # Object Description Increase or (Decrease) $ 010 300000 GENERAL FUND - FUND BALANCE CONTROL Subtotal $ No Change In Fund Balance 10-4