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HomeMy WebLinkAbout17 - Accept a Check from the Friends of the Newport Beach Library and Appropriate Funds CITY OF 1 . � NEWPORT BEACH -- City Council Staff Report September 8, 2015 Agenda Item No. 17 TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: Tim Netherton, Library Services Director— (949) 717-3819, thetherton@newportbeachca.gov PREPARED BY: Melissa Kelly, Library Support Services Coordinator PHONE: 949-717-3810 TITLE: Budget Amendment to Accept a Check from the Friends of the Newport Beach Library and Appropriate Funds to the Library's Fiscal Year 2015/2016 Maintenance and Operation Budget ABSTRACT: Staff requests approval of Budget Amendment 16BA-005 to accept a check from the Friends of the Newport Beach Library to enhance the Library collections and programs. RECOMMENDATION: Approve Budget Amendment 16BA-005 to increase revenue estimates by $205,000 in Account 0106052- 511080 (Friends of the Library Donations) and to increase expenditure estimates by the same amount in Division 0106052 (Friends of the Library) and Division 01060604 (Literacy Services). FUNDING REQUIREMENTS: The Budget Amendment records and appropriates $205,000 in additional revenue from a donation made by the Friends of the Library and provides for an increase expenditures. The revenue will be posted to the Friends of the Library Donations account in the Library Department, 0106052-511080, and the expenditures will be charged to the various Library Accounts indicated below: 0106052-841004 (Programming) $ 55,000 0106052-841052 (Library Materials) $ 145,000 01060604-841004 (Literacy Programming) $ 4,000 01060604-841052 (Literacy Materials) $ 1,000 17-1 DISCUSSION: A donation was received from the Friends of the Newport Beach Public Library in the amount of $205,000, to be used to fund library materials and programs on the Library's Wish List for 2015/2016, and was approved by the Board of Library Trustees. A facsimile of the original check is Attachment A. The Friends mission is to enhance the excellent services that the City supports. This gift will augment the Library collections at all locations, in all formats and for all age groups. The funds will also sponsor programming for all ages such as Summer Reading, National Library Week, Imagination Celebration, Young Adult programs and First Grade Visits. ENVIRONMENTAL REVIEW: Staff recommends the City Council find this action is not subject to the California Environmental Quality Act ("CEQA") pursuant to Sections 15060(c)(2) (the activity will not result in a direct or reasonably foreseeable indirect physical change in the environment) and 15060(c)(3) (the activity is not a project as defined in Section 15378) of the CEQA Guidelines, California Code of Regulations, Title 14, Chapter 3, because it has no potential for resulting in physical change to the environment, directly or indirectly. NOTICING: The agenda item has been noticed according to the Brown Act (72 hours in advance of the meeting at which the City Council considers the item). ATTACHMENTS: Description Attachment A-Check Attachment B - Budget Amendment 17-2 ATTACHMENT A FRIENDS OF NEWPORT BEACH PUBLIC LIBRARY 1783 1000 AVOCADO AVE 11-35/1210 CA NEWPORT BEACH,CA 926607916 90996 Date— Pay To The Order Of Dollars a q. Bank of America ACH P/T 1211100369 17-3 ATTACHMENT B City of Newport Beach NO. BA- 16BA-005 BUDGET AMENDMENT 2015-16 AMOUNT: $205,000.00 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 PX 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 revenue estimates and expenditure appropriations to accept a check from the Friends of the Newport Beach Library to supplement Library operations and will fund library materials and programming and the Literacy program. ACCOUNTING ENTRY: BUDGETARY FUND BALANCE Amount Fund Obiect Description Debit Credit REVENUE ESTIMATES Org Object Description 0106052 511080 Friends of the Library $205,000.00 EXPENDITURE APPROPRIATIONS Description Org Number 0106052 Friends of the Library Object Number 841004 Programming $55,000.00 Object Number 841052 Library Materials $145,000.00 Org Number 01060604 Literacy Services Object Number 841004 Programming $4,000.00 Object Number 841052 Library Materials $1,000.00 7 Autornatic System Entry. Signed: � - v(y Financial Approval: Finance Direc Date Signed: Administrative Approval: City Manager Date Signed: City Council Approval: City Clerk Date 17-4