HomeMy WebLinkAboutReso - CC - 029-2024RESOLUTION NO. 029-2024
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BURLINGAME APPROVING
ADJUSTMENTS TO ESTIMATED REVENUES AND APPROPRIATIONS FOR THE
FISCAL YEAR 2023-24 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 2023-24 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 (568,000)
Sales and Use Tax (371,000
Transient Occupancy Tax 909,000
Other Taxes – Business License 100,000
Fines, Forfeitures and Penalties (80,000)
Use OF Money & Property 15,000
Charges for Services 840,370
Other Revenue 340,000
State Subventions 35,370
Interest Income 200,000
Total General Fund Revenue Amendments 1,420,740
Other Funds:
Gas Tax - Highway User's Tax (67,240)
Street CIP – Measure W Grant 200,000
Parking Enterprise – EV Charging Station Revenue 20,000
Landfill Closure 20,000
Building Enterprise – Building Permit and Other Revenue 2,810,000
OPEB Internal Services Fund 509,250
Total Other Funds Revenue Amendments 3,492,010
DocuSign Envelope ID: 18609F8E-A3D5-4793-8D64-744A194D9F9D
Amendments to Appropriations:
General Fund:
General Government 268,155
Public Safety 635,800
Public Works 266,992
Community Development 100,030
Leisure & Culture 219,167
Total General Fund Appropriation Amendments 1,490,144
Other Funds:
Water Enterprise Fund 177,246
Sewer Enterprise Fund 88,029
Parking Enterprise Fund 7,981
Solid Waste Enterprise Fund 12,886
Landfill Fund 146,830
Building Enterprise Fund 46,525
Facilities Services Fund 120,429
Fleet/Equipment Service Fund 13,611
Information Services Fund 3,390
Total Other Funds Appropriation Amendments 616,927
Revisions to Transfers In / Out:
Transfer Out from General Fund to Special Revenue Fund (5,000)
Transfer Out from General Fund to Parks &Trees CIP 55,000
Transfer Out from General Fund to Street CIP 30,000
Transfer Out from Measure A Fund to Street CIP 60,000
Transfer Out from Parking Fund to Facilities CIP 35,000
Transfer Out from Public Facilities Impact Fee to Facilities CIP 130,000
Transfer Out from Solid Waste Fund to Landfill Fund 1,000,000
Transfer Into Special Revenue Fund (5,000)
Transfer Into Parks & Trees CIP 55,000
Transfer Into Street CIP 90,000
Transfer Into Facilities CIP 165,000
Transfer Into Landfill Fund 1,000,000
Total Transfers In/ Out Revisions 1,305,000
DocuSign Envelope ID: 18609F8E-A3D5-4793-8D64-744A194D9F9D
_____________________________
Donna Colson, 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, 2024 and was adopted thereafter by the following vote:
AYES: COUNCILMEMBERS: BEACH, BROWNRIGG, COLSON, ORTIZ, STEVENSON
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
_____________________________
Meaghan Hassel-Shearer, City Clerk
DocuSign Envelope ID: 18609F8E-A3D5-4793-8D64-744A194D9F9D