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2017/09/26 City Council Resolution 2017-114RESOLUTION NO. 2017-114 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROHNERT PARK AUTHORIZING AND APPROVING THE DIRECTOR OF FINANCE TO INCREASE APPROPRIATION FOR FY 2016-17 WITHIN VARIOUS ACCOUNTS AS INCORPORATED IN EXHIBIT A WHEREAS, the City Council of the City of Rohnert Park adopted the FY 2016-17 Budget on June 14, 2016; and, WHEREAS, the City Council has the authority to amend the budget; and, WHEREAS, the Finance Director has reviewed the City budgets as part of the fiscal year end process to ensure compliance with generally accepted accounting principles (GAAP) and City policy; and, WHEREAS, during this review the Finance Director identified budget to actual overages that need to be addressed; and, WHEREAS, the City Manager has reviewed and recommended certain Special Revenue and Enterprise Funds operational budget changes to be brought forward to the City Council for consideration; and, WHEREAS, appropriations would not exceed the appropriations limit for the 2016-17 fiscal year. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Rohnert Park that the foregoing recitals are true and correct and that it does hereby authorize and approve the Finance Director to increase appropriations for FY 2016-17 within various accounts as incorporated in Exhibit A. BE IT FURTHER RESOLVED that the Director of Finance is authorized to make any administrative adjustments necessary to close the FY 2016-17 in accordance with generally accepted accounting principles. DULY AND REGULARLY ADOPTED this 26th day of September 2017. ATTEST: Caitlin Saldanha, Deputy City Clerk Attachment: Exhibit A CITY OF ROI -I iV ', 'I' PARK CJak]eMM ckenzie, Mayor" AHANOTU: BELFORTE: A {e CALLINAN: W STAFFORD: p_bseol M.WKENZIE:q-e AYES: ( c ) NOES: ( 0 ) ABSENT: ( 1 ) ABS'I'AIN: [ a ) Proposed FY 2016-17 Budget Appropriation Amendments Expenditure Funding Source Account Number Account Number Amount Senior Center Bingo Program Special Revenue Fund Appropriate $160,000 of unanticipated revenue and 140-000-400-5210 140-000-300-3931 $160,000 expenditure for the Senior Center Bingo Program costs to record additional revenue and recognize the cost of paying out Bingo winnings. UDSP Regional Traffic Fee Fund 152-0000-400-6350 152-0000-300-3234 $542,500 Appropriate $542,500 of unanticipated revenue and expenditure to pay Sonoma County Transportation Authority per 2007 agreement. Golf Course Enterprise Fund Appropriate $75,000 from Golf Fund Retained Earnings to 560-0000-400-6500 Golf Fund Retained $75,000 record depreciation costs in accordance with GAAP. This is a Earnings non-cash transaction. Total Appropriations Increase $777,500 General Funds SO