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HomeMy WebLinkAbout10 - Public Library Budget AmendmentCITY OF NEWPORT BEACH • CITY COUNCIL STAFF REPORT Agenda Item No. 10 April 13, 2004 TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: LIBRARY SERVICES LINDA KATSOULEAS, LIBRARY DIRECTOR, 949 - 717 -3810 lindak @city.newport- beach.ca.us SUBJECT: BUDGET AMENDMENT TO INCREASE REVENUE ESTIMATES WITH AN UNANTICIPATED REVENUE OF DIRECT LOAN REIMBURSEMENT FROM THE STATE OF CALIFORNIA AND TO APPROPRIATE SPECIFIED FUNDS TO THE GENERAL FUND. RECOMMENDATION: Approve a budget amendment to increase revenue estimates by $217,074.60, total amount of CSLA direct loan payments to the Newport Beach Public Library, and to appropriate $100,000.00 to CIP budget 7017- C4009617. DISCUSSION: The transfer of unanticipated revenue into the General Fund will allow the Library to purchase new hardware to support "Horizon ", the Library's integrated automation system. The Library purchased the best possible equipment to support the new Horizon Library system in July 2000. As is frequent in the world of computers, the combination of rapidly changing technology and increasing workload has made the current equipment unable to meet the needs of our customers. The Library now has to go to the used parts market to replace broken or worn components for the system. We do not know how much longer these used parts will be available. The system will reach capacity this winter. Next year we need to integrate the Mariners School databases (materials and cardholders) into our system. Without new equipment this additional workload will impact all four branches and will cause slower response time. Based on information available during preparation of the City's Fiscal Year 2003 -04 budget, staff did not anticipate receipt of California State Library funds. Former Governor Davis had promised to "blue pencil' State support for public libraries this year so it was not budgeted as revenue. The legislature reinstated the library funding at the last moment. Three checks totaling $217,074.60 have been received this fiscal year. The Library will use $100,000 to purchase the urgently needed equipment for the Horizon system. The balance of the funds received to date, $117,074.60, will be left in the unappropriated General Fund Balance. Submitted by: i a Katsoul , Library Services Director City of Newport Beach NO. BA- 04BA -044 BUDGET AMENDMENT 2003 -04 EFFECT ON BUDGETARY FUND BALANCE: X Increase Revenue Estimates X Increase Expenditure Appropriations AND Transfer Budget Appropriations SOURCE: from existing budget appropriations X from additional estimated revenues from unappropriated fund balance EXPLANATION: This budget amendment is requested to provide for the following: AMOUNT: sz17,o7a.so • AX Increase in Budgetary Fund Balance Decrease in Budgetary Fund Balance No effect on Budgetary Fund Balance To increase revenue estimates and expenditure appropriations related to unanticipated funding received from the California State Library to purchase new computer hardware for the Library's integrated automation system. ACCOUNTING ENTRY: BUDGETARY FUND BALANCE Fund Account Description 010 3605 General Fund Fund Balance REVENUE EST114ATES (3601) Fund /Division Account Description 4010 4834 Library - California Library Services EXPENDITURE APPROPRIATIONS (3603) Signed: Finbncyal Approval: AdministrEAive Services Director Signed: Signed: Administrative Approval: City Manager City Council Approval: City Clerk Amount Debit $217,074.60 Credit $117,074.60 • $ 100,000.00 3'-2 Q Date 3 -3 D to • Date Description Division Number 7017 Automation /Communication Account Number C4009617 Library Computer Tech Program Division Number Account Number Division Number Account Number Division Number Account Number Signed: Finbncyal Approval: AdministrEAive Services Director Signed: Signed: Administrative Approval: City Manager City Council Approval: City Clerk Amount Debit $217,074.60 Credit $117,074.60 • $ 100,000.00 3'-2 Q Date 3 -3 D to • Date - .._..... 1d - -City of Ne'V(Port Beach NO-.--BA- .. ..04BA-o4a.....-- BUDGET AMENDMENT 2003 -04 AMOUNT: EFFECT ON BUDGETARY FUND BALANCE: X Increase Revenue Estimates F X Increase in Budgetary Fund Balance X Increase Expenditure Appropriations AND Decrease in Budgetary Fund Balance Transfer Budget Appropriations No effect on Budgetary Fund Balance SOURCE: from existing budget appropriations X from additional estimated revenues from unappropriated fund balance EXPLANATION: This budget amendment is requested to provide for the following: To increase revenue estimates and expenditure appropriations related to unanticipated funding received from the California State Library to purchase new computer hardware for the Library's integrated automation system. ACCOUNTING ENTRY: BUDGETARY FUND BALANCE Fund Account Description 010 3605 General Fund Fund Balance REVENUE ESTIMATES (3601) Fund /Division Account 4010 4834 EXPENDITURE APPROPRIATIONS (3603) Description Library - California Library Services Signed Signed: Signed Approval: Administra;ive Services Director City Council Approval: City Clerk Amount Debit Credit $117,074.60 $217,074.60 $100,000.00 ,-1 -Q Date 4/__3 _;� Ddte q (/31W Date Description Division Number 7017 Automation /Communication Account Number C4009617 Library Computer Tech Program Division Number Account Number Division Number Account Number Division Number Account Number Signed Signed: Signed Approval: Administra;ive Services Director City Council Approval: City Clerk Amount Debit Credit $117,074.60 $217,074.60 $100,000.00 ,-1 -Q Date 4/__3 _;� Ddte q (/31W Date