HomeMy WebLinkAboutReso - CC - 057-2020DocuSign Envelope ID: 570D84FA-334E-4E8B-B588-E9ClAD9ECC4A
RESOLUTION NO. 057-2020
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BURLINGAME APPROVING
ADJUSTMENTS TO ESTIMATED REVENUES AND APPROPRIATIONS FOR THE
FISCAL YEAR 2019-20 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 2019-20 Budget as outlined below to reflect actual fiscal conditions and
projections outlined in the budget review report:
Amendments to Estimated Revenues:
General Fund:
Property Tax
595,500
Sales and Use Tax
(2,630,000)
Transient Occupancy Tax
(6,150,000)
Other Taxes - Franchise Tax
(30,000)
Other Taxes - Business Licenses
(120,000)
Other Taxes - Real Property Transfer Tax
(60,000)
Charges for Services
(1,253,000)
Fines, Forfeitures & Penalties
(270,000)
Other Funds:
Gas Tax - Highway User's Tax (113,700)
Gas Tax - Road Repair & Accountability Act (58,500)
Measure A (100,000)
Sewer Service Charges (1,755,000)
Parking Enterprise - Parking Fees (597,500)
Parking Enterprise - Monthly Parking Permits (110,000)
Parking Enterprise - EV Charging Revenues (10,000)
Amendments to Appropriations:
General Fund:
City Council 250,000
Economic Development 505,000
DocuSign Envelope ID: 570D84FA-334E-4E8B-B588-E9ClAD9ECC4A
Amendments to Capital Improvement Project Budgets:
Parks & Trees Capital Improvement Protects:
Transfer remaining balance from the Washington Park
Playground & Sports Court Project (85670) to Facility
Capital Project Fund for the Community Center Project
Facility Capital Improvement Projects:
Community Center Project (83240 —
current budget $420,000)
Capital Investment Reserve
Reduction to Fund the Community Center Project
Debt Service Fund
Restricted for the Community Center Project
Mayor
(383,10
0)
4%�:icl:�:IiA7
(12,527,000)
(38,928,500)
EDocuSigned by:
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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 May, 2020 and was adopted thereafter by the following vote:
AYES: COUNCILMEMBERS: BEACH, BROWNRIGG, COLSON, O'BRIEN KEIGHRAN,
ORTIZ
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE ed by:
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City Clerk