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August 12, 2014
<br />Recommended Action:
<br />• Adoption of an ordinance to accept, appropriate and authorize expenditure of the
<br />amount of $350,239 in the Asset Forfeiture Fund. Vision Principle: Efficient and
<br />Responsive Government.
<br />Next Steps Following Council Action:
<br />• Finance will complete the necessary budget adjustments.
<br />Motion by Mr. Moody, and seconded by Mr. Meeks, to adopt the following
<br />ordinance, and was adopted by the following vote:
<br />"ORDINANCE APPROPRIATING AND AUTHORIZING THE EXPENDITURE OF
<br />$350,239 IN THE FY 2014-15 ASSET FORFEITURE FUND FOR USE BY THE CITY
<br />FOR LAW ENFORCEMENT PURPOSES."
<br />Ayes: Cherry, Edmonds, Meeks, Moody, Psimas, Randall, Wright
<br />Nays: None
<br />14 - 293 -Adoption of an ordinance transferring the sum of $286,185 from the
<br />Donations Fund to the FY 2014-15 Operating Budget and appropriating $1,162,886
<br />in the FY 2014-15 General Fund and $10,000 in the FY 2014-15 Social Services
<br />Fund. Vision Principle: Efficient, Responsive Government.
<br />Background:
<br />• The City must amend the FY 15 Budget to appropriate funds that previously were
<br />accounted for in the donations fund, but which should be classified as General Fund,
<br />Golf Fund and Social Service Fund expenditures. These expenditures include museum
<br />operations, tourism gift shop operations, Sheriff telephone profits, recreation program
<br />and certain Social Services activities.
<br />Discussion:
<br />• The City has historically maintained a Donations Fund, which has been used to
<br />account for certain special activities, most notably Museum operations.
<br />• Staff has reviewed these activities and has determined that most of them should
<br />be accounted for in the funds related to their operations, primarily the General Fund.
<br />• The attached ordinance will appropriate the FY 2014-15 Expenditures related to
<br />these activities to the appropriate funds.
<br />• Beginning in FY 2015-16, these funds will be included as part of the Proposed
<br />Budget.
<br />Financial Impact:
<br />• The attached ordinance increases General Fund revenues by $876,701, General
<br />Fund expenditures by $1,162,886, and Social Services Fund revenues and
<br />expenditures by $10,000, and authorizes the transfer of $286,185 from the Donations
<br />Fund to the General Fund.
<br />Recommended Action:
<br />• Adoption of the ordinance. Vision Principle: Efficient, Responsive Government.
<br />Next Steps Following Council Action:
<br />• Finance will complete the necessary budget adjustments.
<br />Motion by Ms. Randall, and seconded by Mr. Meeks, to adopt the following
<br />ordinance, and was adopted by the following vote:
<br />"ORDINANCE TRANSFERRING THE SUM OF $286,185 FROM THE DONATIONS
<br />FUND TO THE FY 2014-15 OPERATING BUDGET AND APPROPRIATING
<br />$1,162,886 IN THE FY 2014-15 GENERAL FUND AND $10,000 IN THE FY 2014-15
<br />SOCIAL SERVICES FUND."
<br />Ayes: Cherry, Edmonds, Meeks, Moody, Psimas, Randall, Wright
<br />Nays: None
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