HomeMy WebLinkAbout09 - BA-043 - Check from Library FoundationCITY OF NEWPORT BEACH
CITY COUNCIL STAFF REPORT
Agenda Item No. 9
February 22, 2005
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 NEWPORT
BEACH LIBRARY FOUNDATION AND APPROPRIATE FUNDS FOR
FY04 -05 EXPENDITURE ACCOUNTS.
RECOMMENDATION:
Approve a Budget Amendment to increase revenue estimates by $8,550 in Account No.
4010 -5901 and $1,275 in Account No. 450 -5901 (Mariners Library) and increase
expenditure estimates by the same amount in Division 4060 (Literacy), 4090
(Foundation), and 7451- C1500756 (Mariners).
DISCUSSION:
Each year donors give funds to the Newport Beach Public Library Foundation
requesting that their gift be spent for specific items. We receive these gifts each year
and allocate them to the correct accounts so that requests can be honored. Several of
these totals represent more than one donor.
The entire donation will be used to improve Library Services in the expenditure
accounts as specified below:
4090 -8012 (Programming)
Balboa Branch Library $650
4090 -8260 ( Library Materi
Children' s ........................... ............................... $ 2,000
Audio Books ......................... ..............................$ 4,000
Tolerance Program Materials ... ..............................$ 500
4090 -9400 (Office Furniture /Fixtures
Interior Support at Corona del Mar Branch Library $1,150
4060- 8100 (Travel & Meet!
Literacy Tutor Conference in June $250
7451- C5100756 (Mariners Library — Related Expenses)
Total Amount of Check
Submitted by:
Attachments: Copy of check for $9,825 from NBPLF
$9,825
Newport Beach Library Foundation 09/02 WELLS FARGO BANK 1445.
1000 Avocado Ave. NATIONAL ASSOCIATION
Newport Beach, CA 92660 -7915 AGOUR HILLS, 0 91301
1
949 - 717.3890 s- 24/
2/8/2005
PAY TO
ORDER OFE Newport Beach Public Library $ * *9,825.00
= Nine Thousand Eight Hundred Twenty -Five and DOLLARS
- Newport Beach Public Library
- 1000 Avocado Avenue
- Newport Beach, CA 92660
MEMO FY 04 -05 Gift
c'C�/ll/'..
M
11.00144511' 1:1 2 2000 24 71:3212541
0511'
Newport Beach Library Foundation
1445
Newport Beach Public Library
2/8/2005
7040 Transfers to Library Balboa Branch
650.00
7040 - Transfers to Library Children's Books
2,000.00
7040 Transfers to Library Audiobooks
4,000.00
7040 Transfers to Library CdM Branch
1,150.00
7040 Transfers to Library Literacy Program
250.00
7040 Transfers to Library Mariners Branch
1,275.00
7040 Transfers to Library Tolerance Program
500.00
Wells Fargo Business -4160 FY 04 -05 Gift
il
9,825.00
City of Newport Beach
BUDGET AMENDMENT
2004 -05
EFFECT ON
BUDGETARY FUND BALANCE:
F-V-1
Description
Increase Revenue Estimates
rqIncrease
4090
Expenditure Appropriations AND
rq
Number
Transfer Budget Appropriations
SOURCE:
Account
Number
8260
from existing budget appropriations
X
Number
from additional estimated revenues
Office Furniture /Fixtures
Division
from unappropriated fund balance
EXPLANATION:
This budget amendment is requested to provide for the following:
NO. BA- 043
AMOUNT: Ss,szs.00
Increase in Budgetary Fund Balance
Decrease in Budgetary Fund Balance
X No effect on Budgetary Fund Balance
To increase revenue estimates and expenditure appropriations due to receipt of donation from the Newport Beach
Library Foundation.
ACCOUNTING ENTRY:
BUDGETARY FUND BALANCE
Fund Account
REVENUE ESTIMATES (3601)
Fund /Division Account
4010 5901
EXPENDITURE APPROPRIATIONS (3603)
Description
Des
Private Donations & Contributions
Signed:
Signed:
0
Approval: Administrative Services Director
Administrative Approval: City Manager
Amount
Debit Credit
89,825.00
Automatic
$650.00
$6,500.00
$1,150.00
$250.00
$1,275.00
C�-?-/- �o —
Date
/7 tE7
Dat
Signed: _
City Council Approval: City Clerk Date
Description
Division
Number
4090
Library - Library Foundation
Account
Number
8012
Programming
Account
Number
8260
Library Materials
Account
Number
9400
Office Furniture /Fixtures
Division
Number
4060
Library - Literacy
Account
Number
8100
Travel & Meetings
Division
Number
7451
Mariners Library
Account
Number
C5100756
Mariners Library
Signed:
Signed:
0
Approval: Administrative Services Director
Administrative Approval: City Manager
Amount
Debit Credit
89,825.00
Automatic
$650.00
$6,500.00
$1,150.00
$250.00
$1,275.00
C�-?-/- �o —
Date
/7 tE7
Dat
Signed: _
City Council Approval: City Clerk Date