HomeMy WebLinkAbout21 - Newport Coast Community Center Sound-Lighting-Video EnhancementsCITY OF NEWPORT BEACH
CITY COUNCIL STAFF REPORT
Agenda Item No. 21
June 10, 2008
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: Recreation & Senior Services Department
Wes Morgan, Director -644 -3157 /wmorgan(ocity.newport- beach.ca.us
SUBJECT: Transfer of Funds for the Newport Coast Community Center (NCCC)
Sound, Lighting, and Video Enhancements
RECOMMENDATION
Approve a Budget Amendment which transfers $100,350 from 2007 -08 FY park project surplus
funds to a capital outlay account for the purchase of lighting, video and audio equipment at the
Newport Coast Community Center,
DISCUSSION
The Newport Coast Community Center (NCCC) opened in September 2007 with 150 classes. The
original projected revenue for the center for 2007108 FY was $250,000. Actual revenues for 2007-
08 FY at NCCC will be $380,000. The projected revenue for program classes at NCCC for 2008 -09
FY is $625,000. Classes and theatrical stage performances have been key in contributing to the
center's success. The installation of the lighting, audio and video equipment at NCCC will provide
greater program opportunities and more enjoyment to the class participants.
Bids for the purchase of the equipment will be received this fall. The equipment will be installed by
the end of the 2008.
Funding Availability
Savings are available due to surplus funds from park projects for FY2007/08.
Account Description Account # Total
Newport Coast Community Center FF & E 701!9- C5100977 $100,350
Prepared by: Submitted
Matthew Lohr, Recreation Manager Wes Morgan, Recreation & Senio ervices Director
Attachment: Budget Amendment
City of Newport Beach
BUDGET AMENDMENT
2007 -08
EFFECT ON BUDGETARY FUND BALANCE:
Increase Revenue Estimates
Increase Expenditure Appropriations AND
qX Transfer Budget Appropriations
SOURCE:
from existing budget appropriations
from additional estimated revenues
from unappropriated fund balance
EXPLANATION:
NO. BA- 08BA -080
AMOUNT: $00,350.00
Increase in Budgetary Fund Balance
Decrease in Budgetary Fund Balance
FXI No effect on Budgetary Fund Balance
This budget amendment is requested to provide for the following:
To transfer expenditure appropriations from fiscal year 2007 -08 park project surplus to Newport Coast Community Center
Furniture Fixtures and Equipment account for the purchase of lighting video and audio equipment.
ACCOUNTING ENTRY:
BUDGETARY FUND BALANCE
Fund Account
REVENUE ESTIMATES (3601)
Fund /Division Account
EXPENDITURE APPROPRIATIONS (3603)
Division
Number
7015
Account
Number
C5100817
Division
Number
7011
Account
Number
C4410761
Division
Number
7019
Account
Number
C5100977
Division
Number
Account
Number
Division
Number
Account
Number
Signed:
Signed:
Signed:
Amount
Description Debit Credit
Description
Description
Parks
Mariners Park Improvements $50,000.00
Facilities
Oasis Senior Center Retrofit $50,350.00
Capital Purchase & Repair
Newport Coast Community Center FF &E $100,350.00
Financial Approval: Administrative Services Director
Administrative Approval: City Manager
City Council Approval: City Clerk
Automatic System Entry .
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