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HomeMy WebLinkAbout19 - Check from NB Public Library FoundationCITY OF NEWPORT BEACH CITY COUNCIL STAFF REPORT Agenda Item No. 19 May 13, 2008 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 (NBPLF) AND APPROPRIATE FUNDS FOR MAINTENANCE AND OPERATIONS BUDGET FOR FY 2007/08. RECOMMENDATION: Approve a Budget Amendment to increase revenue estimates by $7,650 in Account No. 4090 -5893 (Library Foundation /NBPLF) and 4010 -5893 (Support Services /NBPLF) and increase expenditure estimates by the same amount in Division 4090 (Foundation) and 4060 (Literacy) respectively. DISCUSSION: Each year donors give funds to the Newport Beach Public Library Foundation requesting that their gift be spent for specific items. In turn, the Library receives these gifts and allocates 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 Balboa Branch Collection ...... ............................... $1,600. Audio Books on CD for Central ....... ........................$1,100. Corona del Mar Branch Collection ... ........................$1,700. Mariners Branch Collection ...... ..............................$ 200. Total Amount of Check $7,650 Submitte by: . L' da Kats eras, Library Services Director Attachments: Copy of check for $7,650 from NBPLF BOARD OF DIRECTORS Thomas Cole Edwards PRESIDENT Margie Buckingham David R. Carmichael Constance Glenn Gordon McAlpine Karen McCulley Stephen Minana Carol Murrel Patricia Neisser Meredith Porter Joyce Rosenblum Jason Shaft Mary Jane Sterner Tracy Keys EXECUTIVE DIRECTOR April 16, 2005 Linda Katsouleas Library Services Director Newport Beach Public Library 1000 Avocado Avenue Newport Beach, CA 92660 Dear Linda: DIRECTORS EMERITUS Please find a check in the amount of $7,650.00 from the Newport Beach Public William G. Adams, Esq. Library Foundation. The gift represents all donor - restricted contributions during Betty &Don Atkinson Ron Beale this fiscal year to date (7(1(2007- 4.(16(2008). . Kimberly Dwan Bernatz Doug Cavanaugh Balboa Branch $1,600.00 Jacquelyn B. Dillman Corona del Mar Branch $1,700.00 Mike Dreyfus Mariners Branch $ 200.00 John E. Dwan II, in MOM" Karen & Don Evans Literacy Program $3,050.00 Martha Fluor Audiobooks on CD $1,100.00 Alison Baker Frenzel Barbara Glabman We are pleased to present these gifts to the Newport Beach Public Library system Susan Porter Hart Ben Jackson. Jr. from our generous Library Foundation donors. Carolyn Klein Lucille Kuehn Best Regards, Daniel Livingston. Esq. Tam & Marilyn Nielsen Jackie Penney Ruth Poole Lyman Porter 7Tracys Frank M. Pesch, In Memory Executive Director Katherine Robertson Newport Beach Public Library Foundation Gini Robins 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 999.717.3890 • fax 999.717.3882 • www.nbplfoundation.org Newport Beach Library Foundation =7 1000 Avocado Ave. Newport Beach, CA 92660 -7915 949- 717 -3890 Cr Y NATIONAL BANK 16-1606/1220 4/14/2008 331 c m ORDER OFE Newport Beach Public Library $* *7,650.00 Seven Thousand Six Hundred Fifty and 00/ 100** * « « « «, « « « «, « « + + « «« « « «_ « «_+ « + « «+ «+ . « « « «« « _ «_.« + « « + « + « « + +___ « + « «_ +_ «+ 8 _ DOLLARS , m Newport Beach Public Library 1000 Avocado Avenue z Newport Beach, CA 92660 -. No O MEMO Temp Rest. Fund Disbursement 115000331110 I:L220160661: LL21@46842981" Newport Beach Library FoundatiGn Newport Beach Public Library Date Type Reference 4/14/2008 Bill City National Bank Temp Rest. Fund Disbursement 4/14/2008 Original Amt. Balance Due Discount 7,650.00 7,650.00 Check Amount 0 331 Payment 7,650.00 7,650.00 7,650.00 W 1 City of Newport Beach BUDGET AMENDMENT 2007 -08 EFFECT ON BUDGETARY FUND BALANCE: Increase Revenue Estimates X 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- 08BA -065 AMOUNT: $7,sso.00 PIncrease 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 a donation from the Newport Beach Library Foundation. ACCOUNTING ENTRY: BUDGETARY FUND BALANCE Fund Account Description REVENUE ESTIMATES (3601) Fund /Division Account Description 4010 5893 Library Support Services - Library Foundation 4090 5893 LibraryFoundation - Library Foundation EXPENDITURE APPROPRIATIONS (3603) Signed: Approval: Signed: ffdministrative App al: City Manager Signed: City Council Approval: City Clerk Director Amount Debit Credit $3,050.00 $4,600.00 . Automatic $4,600.00 $550.00 $2,500.00 Z Date to Date Description Division Number 4090 Library - Foundation Account Number 8260 Library Materials Division Number 4060 Library - Literacy Services Account Number 7020 Salaries - Perm Part Time Division Number 7060 Library - Literacy Services Account Number 8012 Programming Division Number Account Number Division Number Account Number Signed: Approval: Signed: ffdministrative App al: City Manager Signed: City Council Approval: City Clerk Director Amount Debit Credit $3,050.00 $4,600.00 . Automatic $4,600.00 $550.00 $2,500.00 Z Date to Date