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REQUEST FOR COUNCIL ACTION Dates01/11/93 Item No.: F.3 Department Approval: Manager Reviewed Agenda section Reports and Recoruiuendaticns Itm Descript:Lcm -w Resnluti Fbr MP t dhawto -AW-m-nal Bud The Finance Department has computed the annual budget amendments necessary to ref lect the proper budget levels for 1992 To proem vide the Council with the necessary background, we have summa- rized the pertinent information regarding these amendments. t NuMmW reflects the City's normal procedure in that we budget 1992 salary and fringe benefits at 1991 levels. At the gear -end, we them transfer only those dollars from the contingent fund necessary to corer the normal 1992 gage increases in both the general fund and the recreation funds Amendment 1 wage,, Salary, Fringe Transfers From Contingent to Genera 1 Fund $190r365 From Contingent to Recreation 11,492 t 9sber Two is to provide for unbudgeted operating ex- pens es . The Legal budget is higher due various lawsuits, personnel and' other general legal issues which required service over the normal required. Amendment 2 To Transfer from Contingent for Unbu' dge t ed Items as Itemized below: ! map" f PM - - oft # � ! !W - - - ! ! ! ! ! ! ! ! ■F t - - - ! ! - - ! ! ! ! - ! ! f ! From Contingent to Legal Services $12,000 Amen went Number Three is to provide for unbudgeted operating expenses and additional unbudgeted revenues. The Community Development budget is higher due to various plan- ning and legal expenses These expenses were incurred in carry ing out a substantial higher level of planning and economic development activity during 1992 than anticipated. However,, the revenues also increased substantially to reflect the additional activity. Amendment 3 To Amend Revenue and Expense for Unbudgeted Items as It zed below: Community Development Revenue increased $150000 Community Development Expenditures increased $15,000