Loading...
HomeMy WebLinkAbout16 - Tennis Reserve Fund Budget TransferAGENDA ITEM 16 NOVEMBER 23, 1998 COMMUNITY SERVICES DEPARTMENT Arts & Cultural - Library - Recreation - Seniors To: Dennis Danner, Acting City Manager Dick Kurth, Acting Administrative Services Director From: La Donna Kienitz, Community Services Director /City Librarian' Re: Tennis Reserve Fund Budget Transfer RECOMMENDATION Approve the following transfer of $27,000 from account 010 -3742 and appropriate to 4330 -8080. From: 010 -3742 Tennis Reserve Fund To: 4330 -8080 Fee Based Classes - Profess ional/TechnicaI NOC BACKGROUND City Council Policy 1 -2 - Instructional Recreation Activities, provides for 20% of the registration fees from tennis instructional classes to be set aside for the annual refurbishment or development of tennis courts or development of new recreational programs. In FY 1997/98 the tennis program served over 1,200 people of all ages at Newport Beach tennis facilities. Revenue totaled $56,200. In accordance with City Policy 1 -2, $11,200 was transferred to the Tennis Reserve Fund. The programs are increasing. This fiscal year date, there are already over 1,200 people enrolled in the City tennis programs at various Newport Beach facilities. The following projects will be completed for proper maintenance and safety of the tennis courts: • Court resurfacing at West Newport, San Miguel and Cliff Drive Parks • Replacement of benches at Mariners Park • Purchase of tennis equipment for the instructional programs • Purchase of replacement nets and windscreens Attachment — City Policy 1 -2 I -2 INSTRUCTIONAL RECREATION ACTIVITIES The instructional recreational programs for children and adults provided by the Community Services Department will be conducted on the basis of being at least self - supporting. An amount equal to at Ieast 25% of the costs incurred will be set aside for administrative overhead. Registration fees will be based on an amount sufficient to acquire independent contractors, class materials and the administrative overhead and a facility use fee. Occasionally, it may be necessary to conduct a specific class in which revenues are not sufficient to be self - supporting. However, each total recreation program, such as tennis, sailing, surfing, etc., will be at least self - supporting. A sum of money equivalent to 20% of the gross annual revenues derived from the instructional classes in surfing shall be set aside and used for the purpose of purchasing new or replacement surfboards. A total of 20% of the registration fees from tennis instructional classes shall be set aside annually for refurbishment or development of tennis courts or development of new recreational programs or facilities. The Community Services Director or agreements for securing independent recreation activities. Adopted - October 1963 Amended - August 30,1966 Amended - November 25,1968 Amended - March 1970 Amended - April 12,1971 Amended - August 9,1971 Amended - February 14, 1972 Amended - March 13, 1972 Amended - November 11, 1974 Amended - March 24,1975 Amended - December 8, 1975 Amended - November 27,1978 Amended - November 28, 1988 Amended - January 24, 1994 Formerly I -6 designee is authorized to enter into contractors for approved instructional Amended - February 27, 1995 0 City of Newport Beach NO. BA- 023 BUDGET AMENDMENT 1998 -99 AMOUNT: g27,o00.00 'ECT ON BUDGETARY FUND BALANCE: Increase Revenue Estimates Increase in Budgetary Fund Balance Increase Budget Appropriations AND Decrease in Budgetary Fund Balance X Transfer Budget Appropriations Px No effect on Budgetary Fund Balance from existing budget appropriations from additional estimated revenues X from reserved fund balance EXPLANATION: This budget amendment is requested to provide for the following: To appropriate tennis reserves for court resurfacing, bench replacement and purchase of tennis equipment, replacement nets and windscreens. ACCOUNTING ENTRY: BUDGETARY FUND BALANCE Fund Account General Fund 3742 REVENUE APPROPRIATIONS (3601) Fund /Division Account EXPENDITURE APPROPRIATIONS (3603) Division Number Account Number Division Number Account Number Division Number Account Number Division Number Account Number Amount Debit Description Tennis Reserves $27,000.00 Description Description 4330 Fee Based Classes 8080 Services - Professional & Technical NOC Credit $27,000.00 Division Number Account Number // " Automatic System Entry. Signed: ..(. Financi pproval: Fnc to /� Date Signed: Administrative Approval: ity Manager Date Si -ned: City Council Approval: City Clerk Date