11-23-2016 Jt Spe Mtg Agn - Laserfiche WebLink

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23152.06030\29360835.2 STAFF REPORT ITEM NO. DATE: NOVEMBER 23, 2016 TO: HONORABLE MAYOR AND CITY COUNCIL MEMBERS FROM: CARLOS CAMPOS, CITY ATTORNEY SUBJECT: BUDGET RESOLUTION NO. R-116-16 INCREASING THE GENERAL FUND APPROPRIATIONS IN THE CITY COUNCIIL OFFICE RECOMMENDED ACTION It is recommended that the City Council approve Resolution No. R-116-16 increasing the general fund appropriations in the City Council Office by $9,771.42 for fiscal year 2016-2017. BACKGROUND The City Council is scheduled to adopt an Employment Agreement between the City of Colton and the Executive Administrator to the Mayor and Council. The Employment Agreement provides for supplemental compensation in the amount of $17,100 for duties performed that are above and beyond the normal duties of Executive Administrator to the Mayor and Council. ISSUES/ANALYSIS The budget for fiscal year 2016-17 has been approved by City Council, and must now be amended to increase General Fund appropriations in the City Council Office by $9,771.42 due to the expected approval of the Employment Agreement. The adopted fiscal year 2016-17 General Fund budget was balanced and met the ten percent (10%) reserve requirement. Sufficient funds are available in the General Fund unappropriated reserves to accommodate this request but the action would require City Council to appropriate funds in excess of the General Fund reserve requirement. FISCAL IMPACTS Execution of the Employment Agreement with the Executive Administrator to the Mayor and Council would have a General Fund fiscal impact of $17,100.00: $9,771.42 in fiscal year 2016-17 and $7,328.58 in fiscal year 2017-18. Adoption of Resolution No. R-116-16 will appropriate $9,771.42 in account number 100-6000-6000-1101, Non-PERSable Benefits, from General Fund reserves in excess of the General Fund reserve requirement to accommodate for the fiscal year 2016-17 fiscal impact. The additional $7,328.58 will be included in the fiscal year 2017-18 budget. 1