HomeMy WebLinkAboutItem #03 Approval of Allocation of Funds to Cover Shortage in General Fund Legal Expense for FY201314k 4f
'moor
OCOPP_
Florida
AGENDA ITEM COVER SHEET
Meeting Date: November 5, 2013
Item # 3
Contact Name:
Contact Number:
Wanda Horton
1520
Reviewed By:
Department Director:
City Manager:
Subject: Allocation of funds to cover shortage in General Fund Legal Expense for FY 2013
Background Summary:
Expenses for general fund legal services exceeded the budgeted amount for fiscal year 2013. The expenses
were higher than anticipated primarily due to charges related to lawsuits and labor negotiations with the police
union.
Issue:
Should the city commission approve the transfer of funds ($39,000) from available budgeted line items to legal
expense for fiscal year 2013 to cover the expenses related to the above?
Recommendations:
Formal action is required by the commission now that we have a final amount of the shortage and the available
funds are from two departments. Staff recommends the commission approve the transfers from contingency
($6,000) and City Clerk Election Expense ($33,000) to the general fund legal account. Acceptance of this
recommendation will cover the shortfall in the account.
Attachments:
N/A
Financial Impact:
This action will provide funds to pay the additional costs and allow the account to have a positive balance for the
fiscal year.
Type of Item (please mark with an 'Y)
Public Hearing
For Clerk's Dept Use:
Ordinance First Reading
X Consent Agenda
Ordinance Second Reading
Public Hearing
Resolution
Regular Agenda
X Commission Approval
Discussion & Direction
Original Document /Contract Attached for Execution by City Clerk
Original Document /Contract Held by Department for Execution
Reviewed by City Attorney
N/A
Reviewed by Finance Dept. -�
N/A
Reviewed by ( )
N/A