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HomeMy WebLinkAbout14 - Check from the Newport Beach Library FoundationCITY OF NEWPORT BEACH CITY COUNCIL STAFF REPORT Agenda Item No. 14 September 12, 2006 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 FY06 -07 EXPENDITURE ACCOUNTS. RECOMMENDATION: Approve a Budget Amendment to increase revenue estimates by $6,133.28 in Account No. 4010 -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 $6,133.28 Corona del Mar Branch Collection ................... ..............................$ 505.00 Mariners Branch Accelerated Readers Books . ..............................$ 4,628.28 Tolerance Collection .................................. ..............................$ 1,000.00 OTA $6,133.28 Submitted by: l- `! L da souleas, LibFary Services Director Attachments: Copy of check for $6,133.28 from NBPLF BOARD OF DIRECTORS Thomas Cole Edwards FMIDENT Margie Buckingham David R. Carmichael Renee Harwick Stephen Minima Carol Murrel Patricia Neisser Ruth Poole Meredith Porter Joyce Rosenblum Jason Sherr Lawrence Spitz Clarence `Bus" Tumu Tracy Keys MUTNEDIMCTeR DIRECTORS EMERITUS William G. Adams, Esq. Betty & Don Adkinson Ran Beals Kimberly Dwan Bematz Doug Cavanaugh Jacquelyn D. Dilman MBre Dreyfus Jahn E Dwan II, In Memory Tame & Don Evans Martha Fluor 4lfaon Baker Frenzel 3arbars Glabman Susan Porter Hart 3en Jackson Jr. :amlyn Klein .villa Kuehn 7anfel Livingston, Esq. fan & Marilyn Nielsen Jackie Penney. Oman Porter 'tank M. Posdr, In Memory (atherine Robertson NO Robins lames Rubel, Jr. Deborah Sperberg & aM 0. Strong, M.D. 3izabeth & John Stahr truce Stump Jzeme Wince August 14, 2006 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 $6,133.28 from the Newport Beach Public Library Foundation. The gift represents recent restricted contributions from various donors. Corona del Mar Branch $505 Mariners Branch Accelerated Readers Books $4,628.28 Tolerance Collection $1,000 On behalf of the Board of Directors, thank you for giving the Newport Beach Public Library Foundation the opportunity to support vital resources and programs! We are happy to be of service. Best Regards, Tracy Keys Executive Director Newport Beach Public Library Foundation 1000 Avocado Avenue Newport Beach CA 92660 tel 949.717.3890 • fax 949.717.3882 • www.nbpl£oundation.org Newport Beach Library Foundation Newport Beach Public Library 7040 • Transfers to Library 7040 - Transfers to Library 7040 • Transfers to Library Wells Fargo Business 8114/2006 :: 505.00 4,628.28 1,000.00 6,133.28 City of Newport Beach NO. BA- 07BA —M BUDGET AMENDMENT 2006 -07 AMOUNT: 56,133.28 EFFECT ON BUDGETARY FUND BALANCE: X Increase Revenue Estimates Increase in Budgetary Fund Balance X Increase Expenditure Appropriations AND Decrease in Budgetary Fund Balance Transfer Budget Appropriations NX 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 expenditure appropriations and revenue estimates to accept a check from the Newport Beach Library Foundation. ACCOUNTING ENTRY: BUDGETARY FUND BALANCE Fund Account REVENUE ESTIMATES (3601) Fund /Division Account 4010 5893 EXPENDITURE APPROPRIATIONS (3603) Division Account Division Account Division Account Division Account Division Account Signed: Signed: Signed: Amount Description Debit Credit Description Support Services - NB Library Foundatior $6,133.28 Approval: Administrative Services Director Manager City Council Approval: City Clerk . Automatic $6,133.28 O D tvo z Si DAfe Date Description Number 4090 Library Foundation Number 8260 Library Materials Number Number Number Number Number Number Number Number Approval: Administrative Services Director Manager City Council Approval: City Clerk . Automatic $6,133.28 O D tvo z Si DAfe Date