Title
Adopt City Council Resolution Amending the FY 2014/15 C.V. Starr Community Center Budget to Include Mid-Year Budget Adjustments
Summary
On March 18, 2015, the City Council and the Mendocino Coast Recreation & Park District Board held a joint special meeting to conduct the C.V. Starr Community Center FY 2014/15 Mid-Year Budget Review. The Mid-Year Budget Review provided analysis and discussion of revenues received and expenditures to-date during the first half of the fiscal year as compared to those in the FY 2014/15 Adopted Budget. At fiscal year-end, revenues are projected to be $78.105 (13.1%) over budget and expenditures are projected to be $8,162 (0.5%) over budget, as detailed in the FY 2014/15 Mid-Year Budget Report. In the course of the Mid-Year Budget Review workshop, several budget adjustments were identified to provide for:
· Utility expense reduction in the amount of $23,969; due to lower net costs of propane, electricity and water/sewer than anticipated in the approved budget.
· Increased maintenance expenses in the amount of $18,731. The proposed adjustment is due to costs associated with the following:
o Pool chemicals and supplies
o Exercise equipment service and repairs
o Fire alarm system inspection, service and repairs
o Other maintenance items, including HVAC repairs, A/V system repairs, dog park maintenance, etc.
· Both pools’ circulation pumps need repair. The pumps' impellers have deteriorated to the point that requires replacement. Originally budgeted for just parts with the work to be completed by staff, the project is now anticipated to be completed by a contractor which is projected to cost $8,662 more than budgeted.
· The CVSCC has a networked computer system improvements in the amount of $37,301.
· City of Fort Bragg invoice in the amount of $6,649 for recruitment and insurance items that occurred during FY12/13 and FY13/14.
· Removal of two capital projects from the FY 2013/14 Budget: Pool Liner and Floor Drains. The Pool L...
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