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HomeMy WebLinkAbout17 - Accept a Check from the Friends of the Newport Beach Library and Appropriate FundsP0 @ CITY OF i NEWPORT BEACH City Council Staff Report November 27, 2018 Agenda Item No. 17 TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: Tim Hetherton, Library Services Director - 949-717-3801, thetherton@newportbeachca.gov PREPARED BY: Melissa Hartson, Circulation and Technical Processing Coordinator, mhartson(@-newportbeachca.gov PHONE: 949-717-3823 TITLE: Budget Amendment to Accept a Check from the Friends of the Newport Beach Library and Appropriate Funds to the Library's Fiscal Year 2018/19 Maintenance and Operation Budget ABSTRACT: Staff requests approval of a budget amendment to accept a check from the Friends of the Newport Beach Library to enhance the Corona del Mar Branch Library. RECOMMENDATION: a) Determine that the action is exempt from the California Environmental Quality Act (CEQA) pursuant to Sections 15060(c)(2) and 15060(c)(3) of the CEQA Guidelines because it will not result in a physical change to the environment, directly or indirectly; and b) Approve Budget Amendment No. 19BA-019 to increase revenue estimates by $116,377.61 in Account 0106052-511080 (Friends of the Library Donations) and to increase expenditure estimates by the same amount in Division 0106052 (Friends of the Library). DISCUSSION: A donation from the Friends of the Newport Beach Public Library in the amount of $116,377.61 is intended to enhance the new Corona del Mar Branch Library. This donation was approved by the Board of Library Trustees. The Friends is dedicated in its support of the Library and helps continue the excellent services that the City provides. This gift will provide funding for the opening day collection and the reading porch furniture at the Corona del Mar Branch Library. 17-1 Budget Amendment to Accept a Check from the Friends of the Newport Beach Library November 27, 2018 Page 2 FUNDING REQUIREMENTS: The Budget Amendment records and appropriates $116,377.61 in increased revenues and expenditures in the following accounts: Increase expenditure accounts: 0106052-841052 Library Materials $110,000.00 0106052-911039 Office Furniture/Fixtures $ 6,377.61 Total $116,377.61 This budget amendment has no impact on fund balance. ENVIRONMENTAL REVIEW: Staff recommends the City Council find this action is not subject to the California Environmental Quality Act (CEQA) pursuant to Sections 15060(c)(2) (the activity will not result in a direct or reasonably foreseeable indirect physical change in the environment) and 15060(c)(3) (the activity is not a project as defined in Section 15378) of the CEQA Guidelines, California Code of Regulations, Title 14, Chapter 3, because it has no potential for resulting in physical change to the environment, directly or indirectly. NOTICING: The agenda item has been noticed according to the Brown Act (72 hours in advance of the meeting at which the City Council considers the item). ATTACHMENTS: Attachment A — Check Attachment B — Budget Amendment 17-2 ATTACHMENT A FRIENDS OF NEWPORT BEACH LIBRARY 1000 AVOCADO AVE NEWPORT BEACH CA 92660-7916 1964 1135,x121¢ CA Gate Bank o#America ��� ACH R,7 121OGD358 ri300L 9 6 l,"l 1: L 2 1000 3 58l: I 77,61 Phata 0 Safe UeposiLx 17-3 ATTACHMENT B City of Newport Beach BUDGET AMENDMENT 2018-19 EFFECT ON BUDGETARY FUND BALANCE: X Increase Revenue Estimates X Increase Expenditure Appropriations Transfer Budget Appropriations SOURCE: from existing budget appropriations X from additional estimated revenues from unappropriated fund balance EXPLANATION: NO. BA- 19BA-019 AMOUNT:j $116,377.61 This budget amendment is requested to provide for the following: To increase revenue estimates and expenditure appropriations and accept funding from the Friends of the Newport Beach Library to be used towards library materials and office furniture. ACCOUNTING ENTRY: BUDGETARY FUND BALANCE Fund Object REVENUE ESTIMATES Ong Object Project 0106052 511080 EXPENDITURE APPROPRIATIONS Org Object Proiect 0106052 841052 0106052 911039 Signed: Fina 'al 0 G Signed: / Signed Approval: Finance Description Description Friends of the Library - Donation Description Library Materials Library Office Furniture Admy�iioative Approval: City Manager City Council Approval: City Clerk Amount Debit Credit $116,377.61 $110,000.00 $6,377.61 Automatic System Entry. ll-ly�lg, Date Date Date 17-4 Increase in Budgetary Fund Balance AND Decrease in Budgetary Fund Balance X No effect on Budgetary Fund Balance ONE-TIME? FXI Yes No This budget amendment is requested to provide for the following: To increase revenue estimates and expenditure appropriations and accept funding from the Friends of the Newport Beach Library to be used towards library materials and office furniture. ACCOUNTING ENTRY: BUDGETARY FUND BALANCE Fund Object REVENUE ESTIMATES Ong Object Project 0106052 511080 EXPENDITURE APPROPRIATIONS Org Object Proiect 0106052 841052 0106052 911039 Signed: Fina 'al 0 G Signed: / Signed Approval: Finance Description Description Friends of the Library - Donation Description Library Materials Library Office Furniture Admy�iioative Approval: City Manager City Council Approval: City Clerk Amount Debit Credit $116,377.61 $110,000.00 $6,377.61 Automatic System Entry. ll-ly�lg, Date Date Date 17-4