M&C Review


COUNCIL ACTION:  Approved on 3/20/2018 - Ordinance No. 23138-03-2018

DATE: 3/20/2018 REFERENCE NO.: **G-19243 LOG NAME: 8080PARK DEDICATION ADM COSTS FY18
CODE: G TYPE: CONSENT PUBLIC HEARING: NO
SUBJECT:  

Adopt Appropriation Ordinance Increasing Estimated Receipts and Appropriations in the Park Dedication Fees Fund in the Amount of $199,888.00 from Available Funds and Authorize Transfer from the Park Dedication Fees Fund to the General Fund to Offset Operation and Oversight Costs of Neighborhood and Community Park Dedication Policy (ALL COUNCIL DISTRICTS)


RECOMMENDATION:

It is recommended that the City Council:

1. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Park Dedication Fees Fund in the amount of $199,888.00 from available funds; and

2. Authorize the transfer in the amount of $199,888.00 from the Park Dedication Fees Fund to the General Fund to offset operation and oversight costs associated with management of the Neighborhood and Community Park Dedication Policy.

 
DISCUSSION:

The purpose of this Mayor and Council Communication is to authorize the transfer of funds from the Park Dedication Fees Fund to the General Fund to offset the costs related to the management of the Neighborhood and Community Park Dedication Policy (Policy). The revenue included in this M&C from the Park Dedication Fees Fund was included in the Fiscal Year 2018 appropriation ordinance that was adopted by the City Council on September 26, 2017.

The Policy ensures the provision of adequate park and recreational areas with needed facilities in the form of neighborhood and community parks to serve population increases resulting from the addition of new residential units in the City. Park development fees that are paid by the developer in lieu of making land dedications are placed in an interest bearing account and are used to achieve the Policy's objectives.

Beginning with the Fiscal Year 2010 adopted budget, costs for program oversight and operation were eliminated from the General Fund. Correspondingly, these costs were identified for payment from interest income earned on the policy fees collected. Expenses associated with the operation and management of the program include salary and benefits of the Park and Recreation Department employees that administer the program.

This M&C does not request approval of a contract with a business entity.
 
FISCAL INFORMATION/CERTIFICATION:

The Director of Finance certifies that upon approval of the above recommendations, and adoption of the attached appropriation ordinance, available funds within the Parks Dedication Fee Fund will be transferred to the General Fund in the amount of $199,888.00.




TO
    Fund Department
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Account Project
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Program Activity Budget
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(Chartfield 2)
Amount

FROM
    Fund Department
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Account Project
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Program Activity Budget
Year
Reference #
(Chartfield 2)
Amount

Submitted for City Manager's Office by:
Susan Alanis (8180)
Originating Department Head:
Richard Zavala (5704)
Additional Information Contact:
David Creek (5744)

 
 
ATTACHMENTS
  8080PARK DEDICATION ADM COSTS FY18_AO.docx