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HomeMy WebLinkAbout18 - Check from the Friends of the Newport Beach LibraryCITY OF NEWPORT BEACH CITY COUNCIL STAFF REPORT Agenda Item No. 18 September 28, 2010 TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: CYNTHIA COWELLCG LIBRARY SERVICES DIRECTOR, 949 - 717 -3810 ccowell@newportbeachca.gov 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 2010/11. ISSUE: Library staff requests approval of a budget amendment to accept a check from the Friends of the Library to improve Library Services and Programs. RECOMMENDATION: Approve a Budget Amendment to increase revenue estimates by $240,800 in Account No. 4091 -5892 (Friends of the Library Donations), and increase expenditure estimates by the same amount in Divisions 4091. DISCUSSION: A check from the Friends of the Newport Beach Public Library for a total amount of $240,800 was approved by the Library Board of Trustees on September 21, 2010. A facsimile of the original check will be presented to City Council on September 28, 2010. The check is intended to fund the collection and programs on the Library's Wish List for FY 2010/2011. The Friends see their mission as enhancing the excellent services the City already supports. More than three - fourths of this gift money will support the adult, young adult and children's collection at all library sites. The collection will be augmented with new bestsellers and high demand titles, current popular audio books, graphic novels, music CDs, young adult books, children's books, and children's DVDs /audio books /kits . A generous portion of the gift will be used to support a variety of programming including the Library's Summer Reading Program. Research has demonstrated that participation in library reading programs during the summer can make as much as a year's difference in reading levels when students return to school. Weekend, week -long, and year -round programs such as Imagination Celebration, National Library Week, Musicales and Family Concerts, the Corona del Mar Christmas Walk, Programs at Balboa Branch Library, Children's Author Series, Children's general programming and the Library's Literacy program are each significantly supported by the Friends donation. The Friends donation underwrites outreach to teens and the community schools. Classrooms of first and fourth graders travel via bus to the Library for orientation to the Library and its resources and receive a gift book. Librarians visit the middle and high school students on their campuses. It is particularly valuable for students who are unaware of the depth and variety of our online resources. FUNDING AVAILABILITY: With the approval of the recommended Budget Amendment, the entire donation will be used to improve Library Services in the expenditure accounts as indicated below. 4091 -8012 (Programming) $52,500. 4091 -8260 (Library Materials $188,300. Total Amount $240,800. Submitted by: Clohia Cowell Library Services Director Attachment: Copy of check for $240,800 from Friends of the NBPL. 1433 FRIENDS OF NEWPORT BEACH LIBRARY 1000 AVOCADO YsY ��. NEWPORT BEA`G`ti,'rCAx92�600 s -ssi tgzo Date— 2431 Pa 40 � ✓; a 's fi �� � �� - Hofars Oil ➢sptbl ' u �' '� L /7 IN G � � o C City of Newport Beach BUDGET AMENDMENT 2010 -11 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: NO. BA- 11BA -010 AMOUNT: $2ao,soo.oa Increase in Budgetary Fund Balance Decrease in Budgetary Fund Balance X No effect on Budgetary Fund Balance This budget amendment is requested to provide for the following: To increase revenue estimates and expenditure appropriations to accept a check from the Friends of the Newport Beach Library and appropriate funds for operating costs for FY 11. ACCOUNTING ENTRY: BUDGETARY FUND BALANCE Amount Fund Account Description Debit Credit REVENUE ESTIMATES (3601) Fund /Division Account Description 4091 5892 Friends of the Library - Friends of the Library $240,800.00 EXPENDITURE APPROPRIATIONS (3603) Description Division Number 4091 Friends of the Library Account Number 8012 Programming Division Number 4091 Friends of the Library Account Number 8260 Library Materials Division Number Account Number " Automatic Signed: �' Financial Apps/ val: Administrative Services Director Signed:� LAN AdmimM6tive Approval: City Ma ger $52,500.00 $188,300.00 gj.X.1L Date Date Signed: City Council Approval: City Clerk Date