Loading...
HomeMy WebLinkAbout07 - Maintenance & OperationsCITY OF NEWPORT BEACH CITY COUNCIL STAFF REPORT Agenda Item No. 7 November 8, 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 FRIENDS OF THE NEWPORT BEACH LIBRARY AND APPROPRIATE FUNDS TO MAINTENANCE & OPERATIONS BUDGET ACCOUNTS FOR FY 2005106. RECOMMENDATION: Approve a Budget Amendment increasing revenue estimates by $171,950 in 4010- 5892, Library — Friends of the Library, and increasing maintenance and operations expenditure estimates by $171,950 in Division 4091, Friends. DISCUSSION: A gift from the Friends of the Newport Beach Public Library in the amount of $171,950, approved by the Library Board of Trustees on November 1, 2005, has been received and deposited into Division 4091. A facsimile of the original check will be presented to City Council on November 8. 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. Because State funding has been terminated, the Friends are the sole source of support for the Summer Reading Programs (SRP). These programs provide incentives and theme related performances so that children read throughout the summer. Research has shown that reading scores of participants increase when students attend SRP. The Friends also provide major support for Library materials of all kinds. Over $147,000 of this donation will be used to purchase books, DVDs, books on CD and music. Without this generous gift our collection of materials would not be the genuinely outstanding collection it is. The HAPLER ranking, placing the Newport Beach Public Library number one in the state in its population category, reflects the collection we have built with the Friends' gifts. 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 $15,000 Summer Reading Program for Adults $ 200 Student Outreach $ 6,100 4091 -8012 (Programming) Fall (October 2006) Program for Balboa $ 500 Literacy Program $ 2,000 4091 -8140 (Office Supplies) Storytime and Bulletin Board Supplies (Mariners) $ 300 4091 -8260 (Library Materials) Children's Collection $70,000 Children's Collection (Crean /Mariners Joint Use) $13,000 Young Adult Collection $11,500 Adult Collection $52,000 Nautical Periodical Binding (Balboa) $ 850 4091 -9400 (Office Furniture /Fixtures) Reading Corner in Children's Room 500 (for older elementary students) Total Amount $171,950 Submitted by: . O Attachments: Copy of check for $171,950 from Friends of the Newport Beach Library FRIENDS OF THE NEWPORT BEACH PUBLIC LIBRARY BOOKSTORE ACCOUNT 1000 AVOCADO ST. CORONA DEL MAR, CA 92625 PAY TO THE ORDER OF ANION BANK`6F CALIFORNIA BAnor ♦62 1090 BAMDE DME. NB OAT RF CH, G 92660 800 238 4486 11800 l9 1011' . 1: l 2 20004961: 06 2001 180011' 1910 16-49 62 DATE I I ' I D� 1220 WY $1l7/ .q. -a_, 8 City of Newport Beach NO. BA- 06BA -026 BUDGET AMENDMENT 2005 -06 AMOUNT: 5171,950.00 EFFECT ON BUDGETARY FUND BALANCE: rq 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 gift from the Friends of the Library. ACCOUNTING ENTRY: BUDGETARYFUND BALANCE Fund Account REVENUE ESTIMATES (3601) Fund /Division Account 4010 5892 EXPENDITURE APPROPRIATIONS (3603) Division Number 4091 Account Number 8010 Account Number 8012 Account Number 8140 Account Number 8260 Account Number 9400 Division Number Account Number Division Number Account Number Signed: Signed: Signed: Description Description Library - Friends of the Library Description Library - Friends of the Library Advertising & Public Relations Programming Office Supplies Library Materials Office Furniture /Fixtures Services Director Administrative Approval: City Manager City Council Approval: City Clerk Amount Debit Credit $171,950.00 $21,300.00 $2,500 $300.00 $147,350 $500.00 Date % a- Dat6 Date