HomeMy WebLinkAbout13 - Newport Beach Public Library FoundationCITY OF NEWPORT BEACH
CITY COUNCIL STAFF REPORT
Agenda Item No. 13
March 13, 2007
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 PUBLIC LIBRARY FOUNDATION AND APPROPRIATE FUNDS
FOR FY06 -07 EXPENDITURE ACCOUNT.
RECOMMENDATION:
Approve a Budget Amendment to increase revenue estimates by $6,979.00 in Account
No. 4090 -5893 (Library Foundation Donations) and increase expenditure estimates by
the same amount in Division 4090 (Foundation).
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 -8260 (Library Materials)
Collections $6,979.00 1
Balboa Branch Library Collection .................. ..............................$ 175.00
Bookson CD ..................... ............................... ......................$1,000.00
Corona del Mar Branch Library Collection ....... ..............................$ 725.00
Mariners Branch Library Collection ........................ ......................$5,079.00
O —TA L $6,979.00
Submitted by:
L' da Kats eas, Library Services Director
Attachment: Copy of check for $6,979.00 from NBPLF
You
are 'the
foundation
of the
library.
BOARD OF DIRECTORS
Thomas Cale Edwards
PRESIDENT
Margie Buckingham February 9, 2007
David R. Carmichael
Renee Harwick
Stephen Minana
Carol Murrel
Patricia Neisser Linda Katsouleas
Meredith Porter Library Services Director
Joyce Rosenblum
Jason Sherr Newport Beach Public Library
Clarence "Bus' Turner 1000 Avocado Avenue
Tracy Keys Newport Beach, CA 92660
EXECUTIVE DIRECTOR
Dear Linda:
DIRECTORS EMERITUS Please find a check in the amount of $6,979,00 from the Newport Beach Public
William Dan Adkinson D. Adams, Esq.
Bt Library Foundation. The gift represents various donor - restricted gifts since
Berry
Ron Beale 7/1/06.
Kimberly Dwan Bernatz
Doug Cavanaugh $175 Balboa Branch Collection
Jacquelyn B. Dillman $1,000 Books on CD
Mike Dreyfus
John E. Dwan II, in Memory $725 Corona del Mar Branch Collection
Karen & Don Evarts $5,079 Mariners Branch Library
Martha Fluor
Alison Baker Frenzel On behalf of the Board of Directors, thank you for giving the Newport Beach
Barbara Glabman Hart Library oundation the opportunity to support vital resources and
Susan Porter Hart Y PP h' PP
Ben Jackson, Jr. programs? We are happy 20 be of service:
Carolyn Klein
Lucille Kuehn Kind Regards,
Daniel Livingston, Esq.
Tom & Marilyn Nielsen
Jackie Penney
Ruth Poole
Lyman Porter racy Keys
Frank M. Pasch, In Memory Executive Director
Katherina Robertson Gini Robins or
New P t Beach Public Library Foundation
James Rubel, Jr.
Deborah Sperberg &
John 0, Strong, M.D.
Lawrence Spitz
Elizabeth & John Stahr
Bruce Stump
Lizanne Witte
1000 Avocado Avenue Newport Beach CA 92660
tel 949.717.3890 • fax 949.717.3882 • www.nbplfoundation.org
Newport Beach Library Foundation
Newport Beach Public Library
Date Type Reference
1/31/2007 Bill
a
Wells Fargo Business -4160 Transfers to Library
2/l/2007
Original Amt. Balance Due Discount
6,979.00 6,979.00
Check Amount
E
1910
Payment
6,979.00
6,979.00
6,979.00
City of Newport Beach
BUDGET AMENDMENT
2006 -07
EFFECT ON BUDGETARY FUND BALANCE:
fq Increase Revenue Estimates
Increase Expenditure Appropriations AND
Transfer Budget Appropriations
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:
NO. BA- 07BA -053
AMOUNT: $x,979.00
Increase in Budgetary Fund Balance
Decrease in Budgetary Fund Balance
Ix No effect on Budgetary Fund Balance
To increase expenditure appropriations and revenue estimates to accept a check from the Newport Beach Library
Foundation.
ACCOUNTING ENTRY:
BUDGETARY FUND BALANCE
Fund Account Description
REVENUE ESTIMATES (3609)
Fund /Division Account Description
4090 5893 Library Foundation - NB Library Foundation
EXPENDITURE APPROPRIATIONS (3603)
Division
Account
Division
Account
Division
Account
Division
Account
Division
Account
Signed:
Signed:
Financial Approval:
Approval: City Manager
Amount
Debit Credit
$6,979.00
$6,979.00
` Automatic
Director Date
Datj
Signed:
City Council Approval: City Clerk Date
Description
Number
4090 Library Foundation
Number
8260 Library Materials
Number
Number
Number
Number
Number
Number
Number
Number
Financial Approval:
Approval: City Manager
Amount
Debit Credit
$6,979.00
$6,979.00
` Automatic
Director Date
Datj
Signed:
City Council Approval: City Clerk Date