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HomeMy WebLinkAbout19 - Maintenance & Operations Budget for FY 2004-2005CITY OF NEWPORT BEACH CITY COUNCIL STAFF REPORT Agenda Item No. 19 June 28, 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 (NBPL) FOUNDATION AND APPROPRIATE FUNDS FOR MAINTENANCE AND OPERATIONS BUDGET FOR FY 2004105. RECOMMENDATION: Approve a Budget Amendment to increase revenue estimates by $20,000 in Account No. 4090 -5893 (NBPL Foundation Donations) and increase expenditure estimates by the same amount in Division 4090, Foundation. DISCUSSION: A check from the NBPL Foundation in the amount of $20,000, approved by the Library Board of Trustees on November 16, 2004, will be given to City Council. The entire donation was received by the Foundation from The Irvine Company and will be deposited into a 4090 (NBPL Foundation) expenditure account to pay for the replacement of the palm trees in the front of the library. The original palms were diseased and had to be removed. The funds will be deposited in the expenditure account as specified below: 4090 -8250 (Special Department Expenses) Replacement of Palm Trees Total Amount of Check Submitted by: Linda Kat ouleas, Library Services Director Attachments: Copy of letter and check for $20,000 from NBPL Foundation $20,000 $20,000 You are the foundation of the library. BOARD OF DIRECTORS Thomas Cale Edwards PRESIDENT Margie Buckingham David R. Carmichael Renee Harwick Stephen Minana Patricia Heiser Ruth Poole Meredith Porter Joyce Rosenblum Jason Sher, Alex Stlmpson ::arance "sus, Turner Tracy Keys EXECUTIVE DIRECTOR ' DIRECTORS EMER17US William G. Adams, Esq. Berry & Dan .Adkinson Ron Bezle Kmbery Ov>ac Bernatz Oouo Cavanaugh ,:acquelyn S. Oilman Mike Crevfus John E. Owen IL in.Meom Karen & Den Erarts Martha Fluor Alison Baker Frenzel Baroara Glabman Susan Porter Hart Ben Jackson. Jr. Carolyn Klein Lucille Kuehn Daniel Livingston, Esq Tam & Marilyn Nie'sen Jackie ,Penney Lvrnan Porter Bank M. Pesch, in •tlemc ^r Kachenne ^ocer'son lan'. Robins .2mes Ruhe{, Jr �aroran ScErberg & ,iChr � S?rsg, M.D Lswrenc3 ^oi:z rszbs[: & Jorn Stair Pmca Stamc Czanne'•Witte June 14, 2005 Ms. Linda Katsouleas Library Services Director Newport Beach Public Library 1000 Avocado Avenue Newport Beach, CA 92660 Dear Linda: Please find a check in the amount of $20,000 from the Newport Beach Public Library Foundation ( NBPLF). The gift given to the NBPLF from The Irvine Company is intended for the replacement of the palm trees at the Newport Beach Central Library. Thank you for all of your efforts. Best regards, T Executive Director Newport Beach Public Library Foundation 1000 Avocado Avenue Newport Beach CA 92660 te1 949.717.3890 - fax 949.717.3882 - www.n.bplfoundation.org Newport Beach Library Foundation W02 1000 Avocado Ave. Newport Beach, CA 92660 -7915 949 - 7173890 WELLS FARGO BANK NATIONAL ASSOCIATION AGOURA HILLS, CA 91301 16- 2411220 1581 . 6/14/2005 PAY TO THE Newport Beach Public Library $ "20,000.00 - ORDER OF Twen ty Thousand and 00/ 100......« .................«..... ............... «............... . ............................... 8 .e - DOLLARS � I Newport Beach Public Library 1000 Avocado Avenue Newport Beach, CA 92660 II.00L58Lill 1:L2 2000 2 4 71:32L254L Newport Beach Library Foundation Newport Beach Public Library 7040 Transfers to Library Wells Fargo Business For palm trees 6/14/2005 1581 20,000.00 City of Newport Beach BUDGET AMENDMENT 2004 -05 EFFECT ON BUDGETARY FUND BALANCE: Description _ Division Increase Revenue Estimates PX Account Increase Expenditure Appropriations AND 8250 Special Department Expense Division Transfer Budget Appropriations SOURCE: Account Number from existing budget appropriations X from additional estimated revenues Number from unappropriated fund balance EXPLANATION: This budget amendment is requested to provide for the following: NO. BA- 070 AMOUNT: $20,000.00 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 the receipt of a donation from Newport Beach Library Foundation. ACCOUNTING ENTRY: BUDGETARY FUND BALANCE Fund Account REVENUE ESTIMATES (3601) Fund /Division Account 4010 5893 EXPENDITURE APPROPRIATIONS (3603) Description Description Support Services - NBL Foundation Division Number Account Number Signed: Signed Signed Approval: Administrative Services Director Administrative Approval: City Manager City Council Approval: City Clerk Amount Debit Credit $20,000.00 $20,000.00 Date Date Date Description _ Division Number 4090 Library Foundation Account Number 8250 Special Department Expense Division Number Account Number Division Number Account Number Division Number Account Number Signed: Signed Signed Approval: Administrative Services Director Administrative Approval: City Manager City Council Approval: City Clerk Amount Debit Credit $20,000.00 $20,000.00 Date Date Date