HomeMy WebLinkAbout11 - Newport Beach Library Foundation CheckCITY OF NEWPORT BEACH
CITY COUNCIL STAFF REPORT
Agenda Item No. 11
March 14, 2006
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: LINDA KATSOULEAS
LIBRARY SERVICES DIRECTOR, 949 - 717 -3810
(katsouleas@city.newport-beach.ca.us
SUBJECT: BUDGET AMENDMENT TO ACCEPT A CHECK FROM THE NEWPORT
BEACH LIBRARY FOUNDATION AND APPROPRIATE FUNDS FOR
FY05 -06 EXPENDITURE ACCOUNTS.
RECOMMENDATION:
Approve a Budget Amendment to increase revenue estimates by $6,350 in Account No.
4090 -5893 (Library Foundation Donations) and increase expenditure estimates by the
same amount in Division 4090 (Foundation) and 4060 (Literacy).
DISCUSSION:
Each year donors give funds to the Newport Beach Public Library Foundation
requesting that their gift be spent for specific items. We receive these gifts each year
and allocate them to the correct accounts so that requests can be honored. Several of
these totals represent more than one donor.
The entire donation will be used to improve Library Services in the expenditure
accounts as specified below:
Collections 1 $3,775
Balboa Branch Collection ...... ............................... $ 250.
Audio Books for Central .......... ..............................$ 3,000.
Corona del Mar Branch Collection ...........................$ 525.
4060- 7020 (Salaries. Perm Part Ti
4060- 8033 (Maintenance, Printers
4060 - 8100 (Travel &
Total Amount of Check
Submitted by:
.•. Katsoul Obrary Director
Attachments: Copy of check for $6,350 from NBPLF
$6,350
Newport Beach Library Foundation 09102 WELLS FARGO BANK 1753
A C
1000 Avocado Ave. NATIONAL SSO IATION
Newport Beach, CA 92880 -7915 AGOURAHILLS, 97301
949- 7173890 16- 24/1220 0
2/24/2006
PAVTO THE Newport Beach Public Library
ORDER OF $ "6,350.00
Six Thousand Three Hundred Fifty and 00/ 100"""""""""""""" " "' " ".....' " " " " " ".....' " " " " " " "'
DOLLARS e
N
ti
Newport Beach Public Library
1000 Avocado Avenue
5 Newport Beach, CA 92660
MEMO
Transfer to Library
City of Newport Beach NO. BA- 06BA -051
BUDGET AMENDMENT
2005 -06 AMOUNT: $6,350.00
EFFECT ON BUDGETARY FUND BALANCE:
X Increase Revenue Estimates Increase in Budgetary Fund Balance
AX Increase Expenditure Appropriations AND Decrease in Budgetary Fund Balance
Transfer Budget Appropriations X 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 due to a donation from the Newport Beach Library
Foundation.
ACCOUNTING ENTRY:
BUDGETARY FUND BALANCE
Amount
Fund Account
Description
Debit Credit
REVENUE ESTIMATES (3601)
Fund /Division Account
Description
4090 5893
Library Foundation
$6,350.00
EXPENDITURE APPROPRIATIONS (3603)
Description
Division
Number 4090
Library Foundation
Account
Number 8260
Library Materials
$3,775.00
Division
Number 4060
Library - Literacy
Account
Number 7020
Salaries - Perm Part Time
$2,200.00
Account
Number 8033
Maintenance, Printers
$300.00
Account
Number 8100
Travel & Meetings
$75.00
Division
Number
Account
Number
Division
Number
Account
Number
Automatic System Entry.
Signed:
�J /�? C
3 G —d6
Financ' I Approval: Administrative
Services Director
Date
Signed:
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4
Administrative Approval:
City Manager
D e
Signed:
City Council Approval: City Clerk
Date