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HomeMy WebLinkAboutReso - CC - 016-2017RESOLUTION NO. 16-2017 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BURLINGAME APPROVING ADJUSTMENTS TO ESTIMATED REVENUES AND APPROPRIATIONS IN THE FISCAL YEAR 2016-17 BUDGET RESOLVED, by the CITY COUNCIL of the City of Burlingame, California and this Council does hereby APPROVE and AUTHORIZE the Finance Director & Treasurer to amend the current Fiscal Year 2016-17 Budget as outlined below to reflect actual fiscal conditions and projections outlined in the Mid -Year Report: Amendments to Estimated Revenues: General Fund: Property Tax $ 825,000 Sales and Use Tax 181,000 Transient Occupancy Tax 216,000 Other Taxes — Franchise Tax 16,000 Other Taxes — Real Property Tax (185,000) Other Taxes — State HOPTR (4,000) Use of Money and Property (45,000) Charges for Services 422,000 Other Revenue 30,000 State Subventions (20,000) Interest Income 241,000 Other Funds: Special Assessment Revenue 16,116 Gas Tax (HUTA) (27,000) Caltrain Electrification Revenue 34,000 Steam Cleaning Downtown 41,500 Street Sweeping Fee 28,300 City Management Fee (28,600) Rate Stabilization Fee (61,000) Other Revenue 31,200 Electric Vehicle Charging Station 12,000 Monthly Parking Permits 34,000 Building Plan Check Fees 519,000 Sale of Property 6,000 Interest Income 623,400 Amendments to Appropriations: General Fund: City Council $ 6,600 Elections 50,000 City Attorney 13,000 Planning 60,000 Communications 25,000 Parks 5,000 Recreation 7,200 Library (12,000) Human Resources 30,000 Other Funds: Building $ 519,000 Admin/IT Services 35,000 Street CIP 34,000 Revisions to Transfers In / Out: Transfer Out from the General Fund (to Capital Projects Fund — Streets) $(500,000) Transfer In Capital Projects Fund - Streets (from General Fund) 500,000 Transfer Out from General Fund (to Equipment Services Fund) 102,512 Transfer In Equipment Services Fund (from General Fund) (102,512) Transfer Out from General Fund (to Capital Project Fund - Parks & Trees) (40,000) Transfer In Capital Project Fund - Parks & Trees (from General Fund) 40,000 Transfer Out from Solid Waste Fund (to General Fund) 28,600 Transfer In General Fund (from Solid Waste Fund) (28,600) I, MEAGHAN HASSELL-SHEARER, City Clerk of the City of Burlingame, do hereby certify that the foregoing Resolution was adopted at a special meeting of the City Council held on the 15th day of March, 2017 and was adopted thereafter by the following vote: AYES: COUNCILMEMBERS: BEACH, BROWNRIGG, COLSON, KEIGHRAN, ORTIZ NOES: COUNCILMEMBERS: NONE ABSENT:0OUNCILMEMBERS: NONE Uuy UIUIK