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HomeMy WebLinkAbout20B - APPR ADJ CRIMINAL ACTIVITY REQUEST FOR COUNCIL ACTION CLERK OF COUNCIL USE ONLY: CITY COUNCIL MEETING DATE: AUGUST 18, 2008 TITLE: APPROVED D As Recommended D As Amended D Ordinance on 1 st Reading D Ordinance on 2nd Reading D Implementing Resolution D Set Public Hearing For APPROPRIATION ADJUSTMENT RECOGNIZING CRIMINAL ACTIVITY REVENUE FUNDS ~ dHlcZ CITY MANAGER CONTINUED TO FILE NUMBER RECOMMENDED ACTION Approve an Appropriation Adjustment recognizing $1,788,395 in Criminal Activity Revenue Funds (account 026-01-various) and appropriate same into the Criminal Activity Expenditure Accounts (26-various-various). DISCUSSION The Police Department participates in Equitable Sharing Programs (asset forfeiture) through various Federal, State and local agencies. Each agency requires segregation of funds for audi ting purposes. The City has set these segregated funds in Fund 26, Criminal Activities, in which there are five separate activities (26-340, 26-342, 26-343, 26-344, and 26-345). Federal guidelines for forfeitures forbid a local agency to appropriate anticipated funds. This requires the Police Department to recognize and appropriate revenues received during a fiscal year, independently of the annual budget process. FISCAL IMPACT Approval of the appropriation adjustment will increase revenues in the Criminal Activities Revenue Accounts (26-01-various) and Criminal Expenditure Accounts (26-various-various) by $1,788,395. APPROVED AS TO FUNDS AND ACCOUNTS: ~l.- Paul M. Walters Chief of Police Police Department ~~~ ~-~ 1 '^ Francl~co G,:-tlerrez -y ~ Executlve Dlrector Finance & Mgmt. Services Agency 208-1 208-2