RESOLUTION NO. ________
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PACIFICA ADOPTING THE FISCAL YEAR 2021-2022 MID-YEAR BUDGET ADJUSTMENTS
WHEREAS, the City Council adopted the FY 2021-22 Operating and Capital Budget on June 28, 2021 and Amended on September 27, 2021; and WHEREAS, the recommended budget was a balanced expenditure plan that ensured the maintenance of adequate reserves during FY 2021-22; and WHEREAS, City Staff has completed a mid-year budget review to validate budget assumptions and conduct an analysis of the year-to-date revenues and expenditures; and WHEREAS, the City Council has reviewed the Mid-Year Budget analysis and requested adjustments; and
WHEREAS, the City of Pacifica now desires to adopt the 2021-22 Fiscal Year MidYear adjustments to the FY 2021-22 budget.
NOW, THEREFORE, THE CITY COUNCIL HEREBY RESOLVES:
The City Council of the City of Pacifica hereby approves the mid-year adjustments to the FY 2021-22 budget with the citywide revenues and appropriations as follows:
Fund Name Revenue
Adjustments
Appropriation
Adjustments
GENERAL FUND * . $ 2,257,178 $ 615,363
ENTERPRISE FUNDS
18/34 Sewer Operating/Capital $ 1,336,100 $ 448,900
35 Beach Parking Fund $ 100,000 $ -
Total Enterprise Funds $ 1,436,100 $ 448,900
SPECIAL EXPENSE FUNDS
07 SLES Fund $ - $ 27,000
09 Street Construction Fund $ (875,600) $ 1,356,209
10 Gas Tax Maintenance Fund* $ 38,100 $ -
12 Highway 1 Improvement Fund $ - $ -
14 Manor Drive Improvement Fund $ - $ -
15 Aircraft Noise Project $ - $ -
16 NPDES Stormwater Fund $ - $ -
Summary of FY2021-22 Mid-Year Budget Adjustments
PASSED AND ADOPTED at a regular meeting of the City Council of the City of Pacifica, California, held on the 14th day of March 2022.
AYES, Councilmembers:
NOES, Councilmembers:
ABSENT, Councilmembers:
ABSTAIN, Councilmembers:
Mary Bier, Mayor
APPROVED AS TO FORM: ATTEST
Michelle Marchetta Kenyon Sarah Coffey
City Attorney City Clerk
19 Planned Local Drainage Fund $ - $ 255,705
22 General Capital Improvement Fund $ - $ -
23 Frontierland Remediation $ - $ -
24 Housing In-Lieu Fund $ - $ -
25 Parking In-Lieu Fund $ - $ -
26 Park In-Lieu Capital Improvement $ 41,200 $ -
27 PB&R Roy Davies Trust $ - $ 39,400
28 PB&R Special Revenue Fund $ - $ -
31 Pacifica Library Fund $ - $ -
38 Disaster Accounting Fund $ 997,415 $ 163,673
Total Special Revenue & Capital Funds $ 201,115 $ 1,841,987
INTERNAL SERVICE FUNDS
65 Self Funded Dental Plan $ - $ -
66 Self-Insurance Fund W/C $ - $ -
67 Self-Insurance Fund Liability $ - $ -
71 Motor Pool Operations Fund $ - $ -
72 Motor Pool Replacement Fund $ 40,100 $ -
Total Internal Service Funds $ 40,100 $ -
DEBT SERVICE FUNDS
40 Debt Service Fund $ - $ -
Total Debt Service Funds $ - $ -
Total Other Funds $ 1,677,315 $ 2,290,887
Total All Funds $ 3,934,493 $ 2,906,250