HomeMy WebLinkAbout04. CDC Carrt Forward Approp
AGENDA MEMO
DATE: December 14, 2010
TO:
Chairman and Members of the Commission
FROM:
Office of the City Manager
By: John Michicoff, Director of Finance
SUBJECT: CARRY-FORWARD APPROPRIATION
RECOMMENDATION:
That the Commission approve a $39,204.38 carry-forward appropriation as itemized in
this report.
DISCUSSION:
Staff has evaluated the Commission’s purchase orders to carry-forward available
appropriations for the fiscal year ended June 30, 2010. In order to qualify as a carry-
forward item, the acquisition must be approved in the 2009-10 budget but not paid for until
the current fiscal year. Since all budget appropriations lapse as of July 1, we need to re-
appropriate (carry-forward) the funds to pay for obligations in the current fiscal year.
This item is in parallel with the Carry-Forward report on the City Council agenda. The only
item for the Commission which needs to be carried forward is detailed as follows:
P.O. # DESCRIPTION ACCOUNT NO. AMOUNT
50-10322 Downtown Environ Cons 83-4-6855-0700 6,150.13
Dept. Request Farmer’s Mkt Advertising 91-4-5910-0310 6,632.69
50-10321 Downtown Specific Plan 91-4-5910-0700 26,421.56
$39,204.38
FISCAL IMPACT:
This appropriation covers an item already ordered and placed in service.
H:\FINANCE\JMichicoff\Council\10-11 DCDC Carry Forward Approp.doc
CITY OF DOWNEY, CALIFORNIA