AGENDA CAPTION:
Title
Consider approval of Ordinance 2022-55, on the first of two readings, amending certain funds in the City's 2021-2022 Fiscal Year Budget to authorize the use of funds for one-time non-recurring items such as parkland acquisition and park improvements; including procedural provisions; and declaring an effective date.
Body
Meeting date: July 5, 2022
Department: Finance-Anna Miranda, Interim Finance Director
Amount & Source of Funding
Funds Required: N/A
Account Number: N/A
Funds Available: N/A
Account Name: N/A
Fiscal Note:
Prior Council Action: Council provided direction in Executive Session to use Parkland Fee-in-Lieu funds for the eastside park acquisition.
City Council Strategic Initiative: [Please select from the dropdown menu below]
City Facilities
Comprehensive Plan Element (s): [Please select the Plan element(s) and Goal # from dropdown menu below]
? Economic Development - Choose an item.
? Environment & Resource Protection - Choose an item.
? Land Use - Choose an item.
? Neighborhoods & Housing - Choose an item.
? Parks, Public Spaces & Facilities - Choose an item.
? Transportation - Multimodal transportaion network to improve accessibility and mobility, minimize congestion and reduce pollution
? Core Services
? Not Applicable
Master Plan: [Please select the corresponding Master Plan from the dropdown menu below (if applicable)]
Parks, Recreation, & Open Space Master Plan
Background Information:
A budget serves as the City's financial planning document, but changes can occur during the year which require amendment to this budget.
This fifth budget amendment for fiscal year 2021-22 (FY22) reflects the transfer of funds from special revenue account where parkland fee-in-lieu funds are held. The transfer of these funds will provide funding for parkland acquisition and cash funding of park improvements such as the installation of new water fountains in regional and neighborhood parks.
Council Committee, Board/Commis...
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