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HomeMy WebLinkAbout20 - BA-065 - High Tech Library EquipmentAgenda Item No. 20 June 13, 2000 COMMUNITY SERVICES DEPARTMENT Arts Ft Cultural - Library - Recreation - Seniors To: Mayor and Members of City Council From: LaDonna Kienitz, Community Services Director /City Librarian Re: Budget Amendment The Ackerman Trust, proceeds of the income from the Ackerman Property, provides for the acquisition of high tech library equipment. Please transfer $41,760 in the Ackerman Reserve Account 850 -3773 to the Ackerman Trust 850 -8512. The attached budget amendment appropriates funds to the following expenditure account: From To Amount 850-3773 850 -8512 $41,760 Thank you. cc: Homer Bludau, City Manager City of Newport Beach BUDGET AMENDMENT 1999 -00 EFFECT ON BUDGETARY FUND BALANCE: Increase Future Year Revenue Estimates X Increase Expenditure Appropriations AND Transfer Budget Appropriations SOURCE: from existing budget appropriations from additional estimated revenues PX from designated reserves EXPLANATION: No. BA- 065 AMOUNT: sat,76o.00 Increase in Budgetary Fund Balance Decrease in Budgetary Fund Balance X No effect on Budgetary Fund Balance This budget amendment is requested to provide for the following: To appropriate the proceeds of the Income from the Ackerman Property to acquire high tech library equipment per the Ackerman Trust ACCOUNTING ENTRY: BUDGETARY FUND BALANCE Fund Account Description 850 3773 High Tech Library Reserve REVENUE ESTIMATES (360 1) Fund/Division Account Description DCPENDITUREAPPROPRIATIONS (3603) Director City Manager City Council Approval: City Clerk Amount Debit Credit $41,760 $41,760 (� 'OC7 '(Slo Date i OD ate Date Description Division Number 0850 Ackerman Trust Account Number 8512 High Tech Library Trust Division Number Account Number Division Number Account Number Division Number Account Number Director City Manager City Council Approval: City Clerk Amount Debit Credit $41,760 $41,760 (� 'OC7 '(Slo Date i OD ate Date