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HomeMy WebLinkAbout15 - 05BA-014 - Library ServicesCITY OF NEWPORT BEACH CITY COUNCIL STAFF REPORT Agenda Item No. 15 September 28, 2004 TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: LINDA KATSOULEAS LIBRARY SERVICES DIRECTOR, 949 - 717 -3810 Ikatsouleas@city.newport-beach.ca.us SUBJECT: BUDGET AMENDMENT TO ACCEPT A CHECK FROM THE FRIENDS OF THE NEWPORT BEACH LIBRARY AND APPROPRIATE FUNDS TO MAINTENANCE & OPERATIONS BUDGET ACCOUNTS FOR FY 2004/05. RECOMMENDATION: Approve a Budget Amendment increasing revenue estimates by $93,000 in•4010 -5901, Private Donations /Contributions, and increasing maintenance and operations expenditure estimates by $93,000 in Division 4091, Friends. DISCUSSION: A gift from the Friends of the Newport Beach Public Library in the amount of $93,000, approved by the Library Board of Trustees on September 21, has been received and deposited into Division 4091. A facsimile of the original check will be presented to City Council on September 28. This gift of $93,000, plus $15,000 for the LA Times Archives on line and $5,000 for the Tolerance Collection, push the Friends donation to $113,000 this calendar year. The Friends have decided to review wish lists twice a year in order to accommodate unanticipated Library needs. In early Spring '05 the Friends have committed to a second donation of $87,000 which will bring their total gift to $200,000 for FY 04/05. The Friends also voted to provide $200,000 to the new Crean Mariners Library and a formal presentation will be made to Council later this fiscal year. The Friends see their mission as enhancing the excellent services the City already supports. The Friends Executive Board reviewed the "wish list" developed by staff and selected the projects listed below. The Friends have traditionally supported Children's programs and materials. They also enhance specialized collections. The entire donation will be used to improve Library Services in the M &O expenditure accounts as indicated below. 4091 -8010 (Advertising & Public Relations) Summer Reading Program for Youth $13,500 Summer Reading Program for Adults $ 200 Fall Program for Balboa $ 300 Incentive Books for 1St Grade Class Visits $ 1,600 Transportation for School Visits to the Library $ 2,000 4091 -8140 (Office Supplies) Stuffed Animals for Central and Balboa $ 1,100 Five Tabletop Book Displays $ 600 4091 -8260 (Library Materials) Children's Book Collection $28,000 Children's Audio Visual $15,000 Young Adult Book Collection $ 5,000 Popular High Interest Books for all Libraries $25,000 4091 -9400 (Office Furniture /Fixtures) Central Storytime Projection Screen 700 Total Amount $93,000 Submitted by: L' da Kats eas, Library Services Director Attachments: Copy of check for $93,000 from Friends of the Newport Beach Library Budget Amendment FRIENDS OF THE NEWPORT BEACH PUBLIC LIBRARY \ BOOKSTORE ACCOUNT 1000 AVOCADO ST. CORONA DEL MAR, CA 92625 UNION BAN OF CALIFORNIA 80 62 1090 , DE DRrvF, NMPORT BE CH, CA 92660 800 0 23 238 4486 000 179011' -j: 12 20004961: 06 2001 180011' i LI 1790 16'49 62 1 0 e -- I City of Newport Beach NO. BA- 014 BUDGET AMENDMENT 2004 -05 AMOUNT: $s3,000.00 EFFECT ON BUDGETARY FUND BALANCE: X Increase Revenue Estimates Increase in Budgetary Fund Balance Increase Expenditure Appropriations AND Decrease in Budgetary Fund Balance Transfer Budget Appropriations X No effect on Budgetary Fund Balance SOURCE: from existing budget appropriations X from additional estimated revenues from unappropriated fund balance EXPLANATION: This budget amendment is requested to provide for the following: To increase revenue estimates and expenditure appropriations due to a donation from the Friends of the Library. ACCOUNTING ENTRY: BUDGETARY FUND BALANCE Fund Account REVENUE ESTIMATES (3601) Fund /Division Account 4010 5892 EXPENDITURE APPROPRIATIONS (3603) Description Description Library - Friends of the Library Signed: Administrative Services Director Signed: )q/VA�z - Administrative Approval: City Manager Amount Debit Credit $93,000.00 Automatic System Entry. $17,600.00 $1,700.00 $73,000.00 $700.00 Date Date Signed: City Council Approval: City Clerk Date Description Division Number 4091 Library - Friends of the Library Account Number 8010 Advertising & Public Relations Account Number 8140 Office Supplies Account Number 8260 Library Materials Account Number 9400 Office Furniture /Fixtures Division Number Account Number Division Number Account Number Signed: Administrative Services Director Signed: )q/VA�z - Administrative Approval: City Manager Amount Debit Credit $93,000.00 Automatic System Entry. $17,600.00 $1,700.00 $73,000.00 $700.00 Date Date Signed: City Council Approval: City Clerk Date