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HomeMy WebLinkAboutReso - CC - 026-2019RESOLUTION NO. 26-2019 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BURLINGAME APPROVING ADJUSTMENTS TO ESTIMATED REVENUES AND APPROPRIATIONS IN THE FISCAL YEAR 2018-19 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 2018-19 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 $ 712,000 Sales and Use Tax 1,103,000 Transient Occupancy Tax 550,000 Other Taxes - Franchise Tax (78,000) Other Taxes - Business Licenses 42,000 Other Taxes - Real Property Transfer Tax 150,000 Licenses & Permits (7,000) Charges for Services 237,800 Fines, Forfeitures & Penalties 67,000 State Subventions 73,600 Interest Income 700,000 (14hcr F:i inrJc- Gas Tax - Highway User's Tax (121,000) Gas Tax - Road Repair & Accountability Act (20,000) Building Enterprise - Building Plan Check Fees (390,000) Interest Income (Various) 425,000 Amendments to Appropriations: General Fund City Clerk $21,000 Finance 40,000 Planning 100,000 Police & Dispatch 355,000 Aquatic Center (358,000) Streets and Storm Drainage 20,000 Engineering 142,000 11+hor Pi inrAc- Sewer Maintenance $11,000 Facilities Services Fund 26,000 Equipment Services Fund 302,500 Admin/IT Services Fund 105,000 Revisions to Transfers In / Out: Transfer Out from General Fund to CIP Fund ($ 3,119,000) Transfer Out from Parking Enterprise Fund to CIP Fund (318,000) Transfer In to Capital Projects Fund for: Community Center Phase 1-Site Projects 21700,000 North Rollins Road Specific Plan 225,000 New Financial System (ERP) 115,000 Fire Station 35 Improvement 100,000 City Clerk Records Management System (21,000) Village at Burlingame Project 200,000 EV Parking Stations 70,000 Downtown Smart Parking Meters 48,000 1 y�V Mayor 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 13th day of March, 2019 and was adopted thereafter by the following vote: AYES: COUNCILMEMBERS: BEACH, BROWNRIGG, COLSON, KEIGHRAN, ORTIZ NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE