This facility is disabled accessible.  Auxiliary aids and services are available for individuals with speech, vision or hearing impairments (48-hour notice is required).  Please contact the ADA Coordinator at (818) 238-5021 voice or (818) 238-5035 TDD with questions or concerns.

6:30 P.M.

INVOCATION:

                                    The Courts have concluded that sectarian prayer as part of City Council

                                    meetings is not permitted under the Constitution.

FLAG SALUTE:

ROLL CALL:

JOINT MEETING WITH THE CITY COUNCIL, REDEVELOPMENT AGENCY, HOUSING AUTHORITY AND PARKING AUTHORITY:

1.                  TREASURER'S REPORT:

The City Treasurer's report on investment and reinvestment of temporarily idle funds for the quarter ending June 30, 2006.

Recommendation:

Note and file.

CONSENT CALENDAR:  (Items 2 and 3)

The following items may be enacted by one motion.  There will be no separate discussion on these items unless a Member so requests, in which event the item will be removed from the consent calendar and considered in its normal sequence on the agenda.  A roll call vote is required for the consent calendar.

2.         MINUTES:

Approval of minutes for the regular meetings of June 6 and June 20, 2006.

Recommendation:

Approve as submitted.

3.         REQUEST FOR CONTINUING APPROPRIATIONS FROM FISCAL YEAR 2005-06 TO FISCAL YEAR 2006-07 FOR THE CITY, REDEVELOPMENT AGENCY, HOUSING AUTHORITY, PARKING AUTHORITY AND THE YOUTH ENDOWMENT SERVICES FUND BOARD:

The purpose of this report is to request Council approval to carry over $86.5 million of continuing appropriations from Fiscal Year (FY) 2005-06 to FY 2006-07 for the City, the Redevelopment Agency, the Housing Authority, Parking Authority and the Youth Endowment Services Fund Board.

At the end of each fiscal year, departments review their budgeted appropriations and submit requests for manual carryovers (unencumbered funds) to the Financial Services Department in mid-June.  Budget staff compiled a list of requests from all departments and began the process of determining funds availability, as well as the legitimacy of the request.  A final list was developed and distributed to the departments for final review and follow-up.  The Executives then reviewed the final list and determined what carryover requests would be submitted for consideration.  Keeping in mind the budgetary constraints, the Executives are satisfied that the requested carryover dollars are necessary.

The most common reasons for manual carryover requests are for:  ongoing capital projects, delayed program implementation, continuing operations (including projects and studies such as the Domestic Violence Task Force, Starlight Bowl, Burbank Athletic Federation, etc.), and restricted dollars for a specific purpose (for example, grants awarded by the City, such as middle school grants; dollars received by the City such as Public Library Funds, Local Law Enforcement Block Grants and Drug Asset Forfeiture Funds; or, donations appropriated for a specific purpose that may cross fiscal years).

The following is a summary of all funds that are being requested to be carried over to FY 2006-07:

SUMMARY OF CARRYOVER REQUESTS BY FUND

FROM FY 2005-06 TO FY 2006-07

FISCAL IMPACT

At year-end, all unencumbered appropriations revert to available fund balance and can be appropriated for other purposes.  As of the writing of this report, the carryover amount is only an estimate as the balances may change as financial activities in the accounts continue until the fiscal year is officially closed.  Staff will be presenting the first quarter financial report in November which will include a summary of FY 2005-06.

Recommendation:

Adoption of proposed resolution entitled:

A RESOLUTION OF THE YOUTH ENDOWMENT SERVICES FUND OF THE CITY OF BURBANK AMENDING THE FISCAL YEAR 2006-2007 BUDGET FOR THE PURPOSE OF CONTINUING APPROPRIATIONS FROM FISCAL YEAR 2005-2006.

END OF CONSENT CALENDAR

RECESS to continue the City Council meeting.

ADJOURNMENT.