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Item 25 - Fiscal Year 2021-2022 Mid-Year Budget Update
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Item 25 - Fiscal Year 2021-2022 Mid-Year Budget Update
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8/16/2023 11:21:45 AM
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City Clerk
Doc Type
Agenda Packet
Agency
Clerk of the Council
Item #
25
Date
3/1/2022
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Non-General Fund Adjustments <br />Department Accounting Unit Account Description of Adjustment <br />Revenue <br />Increase/ <br />(Decrease) <br />Expenditure <br />Increase/ <br />(Decrease) <br />Cannabis Public Benefit Fund 01202002 50001 Use of available Cannabis Public Benefit Fund balance for youth <br />programs and projects 7,500,000.00 <br />Cannabis Public Benefit Fund 01213020 66220 Renovation of Centennial Lake for a Youth Fishing Program 2,500,000.00 <br />Cannabis Public Benefit Fund 01213020 66220 Renovate and program Nature Center at Santiago Park 1,000,000.00 <br />Cannabis Public Benefit Fund 01213020 66220 Install synthetic turf at Dan Young Soccer Complex and synthetic <br />turf and lights at Field 1 2,500,000.00 <br />Cannabis Public Benefit Fund 01213020 62300 Funding for movies and concerts in the park 500,000.00 <br />Cannabis Public Benefit Fund 01213020 62300 Funding for sports field maintenance 1,000,000.00 <br />Cannabis Public Benefit Fund 01208010 65050 <br />Adjustment to reduce appropriations to correct IT overhead <br />erroneously charged to CAO in Cannabis Public Benefit Fund as <br />identified in the September 7, 2021 City Council Meeting <br />(214,300.00) <br />CDA - Parking Enterprise Fund 02718002 5XXXX Increase Parking Enterprise Fund revenues to align with current <br />trend 242,000.00 <br />CDA - Parking Enterprise Fund 02718002 59000-011 Transfer from General Fund to rebalance Parking Enterprise <br />Fund's year-end projected negative fund balance 789,000.00 <br />Public Works - Gas Tax 02917002 52300 Updated revenue estimate from League of California Cities 63,220.00 <br />Public Works - Gas Tax 02917002 52301 Updated revenue estimate from League of California Cities 34,918.00 <br />Public Works - Gas Tax 02917002 52302 Updated revenue estimate from League of California Cities 258,700.00 <br />Public Works - Gas Tax 02917002 52320 Updated revenue estimate from League of California Cities 228,103.00 <br />Public Works - Gas Tax 02917002 52321 Updated revenue estimate from League of California Cities 427,030.00 <br />Public Works - Gas Tax 02917002 50001 Use of available Gas Tax Fund balance for additional sidewalk <br />repairs and Bristol Street Improvements Phase 3A & Phase 4 6,000,000.00
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