DATE:
December 5, 2023
CATEGORY:
Consent
DEPT.:
Finance and Administrative Services
TITLE: Adopt a Resolution Amending the Fiscal
Year 2023-24 Budget to Appropriate One
Million Dollars ($1,000,000) from the
Liability Self-Insurance Fund (Fund
No. 754) and Two Hundred Ten Thousand
Dollars ($210,000) from the Wastewater
Fund (Fund No. 602) for Litigation
Expenses
RECOMMENDATION
Adopt a Resolution of the City Council of the City of Mountain View Amending the Fiscal Year 2023-24 Budget to Appropriate One Million Dollars ($1,000,000) from the Liability Self - Insurance Fund ( Fund No. 754 ) and Two Hundred Ten Thousand Dollars ($2 10,000) from the Wastewater Fund (Fund No. 602) for Litigation Expenses, to be read in title only, further reading waived (Attachment 1 to the Council report). (Five votes required)
BACKGROUND
Pursuant to Mountain View Charter Section 1105, at any time after adoption of the budget, the City Council may amend or supplement the Adopted Budget by affirmative vote of at least five (5) members to authorize the transfer of unused balances for another purpose or to appropriate available revenue not included in the Adopted Budget. Consequently, staff regularly monitors actual revenues and expenditures, updates projections , and proposes budget adjustments throughout the fiscal year as appropriate.
In the Fiscal Year 2023 -24 Adopted Budget, $1.0 million in limited -period funding was appropriated to the City Attorney’s Office for litigation expenses, including, but not limited to, outside counsel costs, and litigation -related consultant and expert fees. As of the date of th is Council report, nearly all of $1.0 million has been encumbered and set aside for existing litigation matters. As such, it is necessary to appropriate additional funds to cover any additional litigation expenses arising in existing matters and litigation expenses arising from any new lawsuits filed against the City through the end of the 2023-24 fiscal year.
Adopt a Resolution Amending the Fiscal Year 2023-24 Budget to Appropriate One Million Dollars ($1,000,000) from the
Liability Self Insurance Fund (Fund No. 754) and
Two Hundred Ten Thousand Dollars ($210,000) from the
Wastewater Fund (Fund No. 602) for Litigation Expenses
December 5, 2023
FISCAL IMPACT
The increase in appropriations of $1.21 million will be comprised of the following:
1. One Million Dollars ( $1,000,000) in additional appropriations from the fund equity of the Liability Self-Insurance Fund (Fund No. 754) for litigation expenses.
2. Two Hundred Ten Thousand Dollars ($210,000) in additional appropriations from the fund equity of the Wastewater Fund (Fund No. 602) to the Liability Self -Insurance Fund ( Fund No. 754) for litigation expenses.
There is sufficient fund equity available in both funds to fund these additional appropriations.
ALTERNATIVES
1. Do not approve the budget amendment, which will result in a lack of funding to pay for future litigation-related costs.
2. Authorize a different appropriations amount.
PUBLIC NOTICING—Agenda posting.
Prepared by:
Derek Rampone
Finance and Administrative Services
Director
Jennifer Logue
City Attorney
Approved by:
Arn Andrews
Assistant City Manager
DR-JL/6/CAM/546-12-05-23CR
203669
Attachment: 1. A Resolution of the City Council of the City of Mountain View A mending the Fiscal Year 2023 -24 Budget to Appropriate One Million Dollars ($1,000,000) from the Liability Self-Insurance Fund (Fund No. 754) and Two Hundred Ten Thousand Dollars ($210,000) from the Wastewater Fund (Fund No. 602) for Litigation Expenses