HomeMy WebLinkAbout16 - Tennis Reserve Account BA-003Agenda Item No. 16
August 22, 2000
COMMUNITY SERVICES DEPARTMENT
Arts Ft Cultural - Library - Recreation - Seniors
To: Mayor and Members of City Council
From: LaDonna Kienitz, Community Services Director /City Librarian
Re: Request appropriation of $16,000 from Tennis Reserve Account to Expenditure
Account
Please transfer $16,000 from the Tennis reserve account 010 -3742 and appropriate to
to account 4310 -9010 to permit the enhancement of the City's recreational programs.
From To Amount
010 -3742 4310 -9010 $16,000
Background
City Council Policy 1 -2 - Instructional Recreation Activities provides that 20% of the
registration fees from the tennis instructional classes be set aside annually for
refurbishment of tennis courts or new recreational programs. The current balance in
this reserve account available for such activities is $54,351.86.
Funds will be used to purchase additional software and equipment required for the
installation of the new Safari software. Items required include a web server, Oracle
licenses, Verisign licenses, Crystal Reports software and similar products.
City of Newport Beach
BUDGETAMENDMENT
2000 -01
EFFECT ON BUDGETARY FUND BALANCE:
Increase Revenue Estimates
X Increase Expenditure Appropriations
Transfer Budget Appropriations
SOURCE:
from existing budget appropriations
from additional estimated revenues
Px from unappropriated fund balance
EXPLANATION:
NO. BA- 003
AMOUNT: E�6,000.00
Increase in Budgetary Fund Balance
AND Decrease in Budgetary Fund Balance
X e
No effect on Budgetary Fund Balance
This budget amendment is requested to provide for the following:
To transfer $16,000 from the Tennis Reserve Fund to an expenditure account per Council Policy 1 -2 which provides
that 20% of the registration fees from tennis instructional classes be set aside annually for the purpose of purchasing
new recreational programs or refurbishment of tennis courts.
ACCOUNTING ENTRY:
BUDGETARY FUND BALANCE
Fund Account Description
010 3742 Tennis Reserve Fund
REVENUE ESTIMATES (3601)
Amount
Debit Credit
$16,000.00
$16,000.00
Division Number
Account Number
Au1b=t1c System Entry.
Signed: 60—
Financial Approval: Administrative Services Director Date
Signed: /p0
Administrative Appr al: City Manager 04le
Signed:
City Council Approval: City Clerk Date
Fund /Division Account
Description
EXPENDITURE APPROPRIATIONS (3603)
Description
Division
Number 4310
Community Services - Support Services
Account
Number 9010
Computer Equipment
Division
Number
Account
Number
Division
Number
Account
Number
Amount
Debit Credit
$16,000.00
$16,000.00
Division Number
Account Number
Au1b=t1c System Entry.
Signed: 60—
Financial Approval: Administrative Services Director Date
Signed: /p0
Administrative Appr al: City Manager 04le
Signed:
City Council Approval: City Clerk Date