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HomeMy WebLinkAbout13 - BA-053 - Surfboard Replacement13 Agenda Item No. _ April 11, 2000 COMMUNITY SERVICES DEPARTMENT Arts It Cultural - Library - Recreation - Seniors To: Mayor and Members of City Council From: LaDonna Kienitz, Community Services Director /City Librarian Re: Budget Amendment Please transfer $1000.00 from the Surfing Reserve Fund account 010 -3740 to expenditure account 4330 -8080. The attached budget amendment appropriates funds to the following expenditure account: From To Amount 010 -3740 4330 -8080 $1,000.00 Backeround City Council Policy 1 -2 - Instructional Recreation Activities provides that 20% of the registration fees from instructional classes in surfing be set aside annually. The funds requested will provide for the purchase of three surfboards for the summer season, to insure proper safety and performance. Thank you. cc: Homer Bludau, City Manager City of Newport Beach BUDGET AMENDMENT 1999 -00 EFFECT ON BUDGETARY FUND BALANCE: Increase Revenue Estimates X Increase Expenditure Appropriations AND Transfer Budget Appropriations SOURCE: from existing budget appropriations from additional estimated revenues PX from unappropriated fund balance EXPLANATION: This budget amendment is requested to provide for the following: NO. BA- 053 AMOUNT: Et,oao.00 Increase in Budgetary Fund Balance X Decrease in Budgetary Fund Balance No effect on Budgetary Fund Balance To transfer $1,000 from the Surfing Reserve Fund to an expenditure account per Council Policy 1 -2 which provides that 20% of the registration fees from instructional classes in surfing be set aside annually for the purpose of purchasing new or replacement surfboards. ACCOUNTING ENTRY: BUDGETARY FUND BALANCE Fund Account 010 3740 REVENUE ESTIMATES (360 1) Fund/Division Account EXPENDITURE APPROPRIATIONS (3603) Description Surfing Reserve Fund Description Signed: Signed: /... Services Director City Manager Amount Increase Decrease $1,000.00 $1,000.00 3 / -6n Date /4040 e Signed: City Council Approval: City Clerk Date Description Division Number 4330 Community Services - Fee Based Classes Account Number 8080 Services Prof & Tech NOC Division Number Account Number Division Number Account Number Division Number Account Number Signed: Signed: /... Services Director City Manager Amount Increase Decrease $1,000.00 $1,000.00 3 / -6n Date /4040 e Signed: City Council Approval: City Clerk Date