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<br /> 26379 FREMONT ROAD, LOS ALTOS HILLS, CALIFORNIA 94022 7 (415)941-7222
<br /> California •4^
<br /> `cd • Jan'
<br /> DATE: 8 August 1988 EMI= "A"
<br /> TO: Honorable Mayor and City Council Members
<br /> FROM: E. 0. Coli , Financial Consultant
<br /> SUBJECT: Budget Modification No . 1 - Fiscal Year 1987/88
<br /> Listed below are the programs whose expenditures exceeded budget
<br /> for fiscal year 1987/88 in the General Fund :
<br /> CURRENT PROPOSED
<br /> PROGRAM BUDGET SPENT ADJUSTMENT
<br /> 400 City Council $ 16 , 100. 00 $ 17 , 860. 75 $ 1 , 760. 75
<br /> 403 Finance 48 , 666. 00 51 , 062 . 36 2, 396. 36
<br /> 404 City Attorney 36 , 425 . 00 38, 013 . 44 1 , 588. 44
<br /> 420 Police 370, 079 . 00 378, 241 . 39 8 , 162 . 39
<br /> 440 Engineering 106 , 621 . 00 116 , 955. 12 10, 334. 12
<br /> 454 Playing Field Maintenance 14,492 . 00 17 , 247 . 54 2 , 755. 54
<br /> 457 Weed Abatement 4, 000. 00 5 , 111 . 50 1 , 111 . 50
<br /> 460 Park/Open Space Maintenance 5 , 749 . 00 7 ,684. 23 1 , 935 . 23
<br /> 732 SAD 11 2 , 030. 00 21 , 606 . 94. 19 , 576 . 94
<br /> 735 Cable TV Contract 1 , 500. 00 3, 633 . 67 2 , 133. 67
<br /> TOTAL $605 , 662 . 00 $657, 416. 94 $51 , 754. 94
<br /> Overall in the General Fund for 1987/88 there was a net budget
<br /> savings of $138, 131 . 83 computed as follows :
<br /> CURRENT PROPOSED REVISED
<br /> GENERAL FUND BUDGET ADJUSTMENT BUDGET
<br /> 1987/88 Budget $1 , 798 , 683 . 00 $51 , 754. 94 $1 , 850, 437 . 94
<br /> 1987/88 Spent 1 , 660 , 551 . 17 - - 1 , 660 , 551 . 17
<br /> Budget Savings $ 138 , 131 . 83 $51 , 754. 94 $ 189 , 886. 77
<br /> A line-item analysis of the programs over-budget will not be made in
<br /> this report . However , the expenditures mainly underbudgeted are
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