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Description
San Bruno City Council Meeting October 26, 2010 10g. Amend City Budget
A
B
You
bear
this
is
a
party,
a
new
item
for
the
City
Council.
It's
something
that
we
do
in
the
accounting
world.
What
happens
is
during
the
course
of
year
the
city
enters
into
various
contracts
with
vendors,
and
sometimes
these
contracts
are
not
expended
it's
in
its
entirety
during
the
course
of
the
fiscal
year,
so
the
unexpended
amount
are
encumbrances
that
we
carry
forward
and
set
aside
and
reserve
against
fund
balance
so
that
when
they
do
get
expended
in
the
subsequent
fiscal
year,
we
actually
have
that
money
set
aside.
B
So
what
we
do
in
terms
of
an
accounting
perspective
is
that
we
add
on
to
the
budget
these
encumbrances
and
it's
not
new
monies,
that
the
City
Council
is
adding
from
from
the
perspective
of
new
expenditures
for
the
current
year,
but
was
really
monies
that
we
have
we've
earmarked
from
the
prior
year
that
we're
using
to
pay
for
the
current
year
secure
years
and
expended
commitments.
So
with
that
we
identify
for
the
general
for
the
city,
two
hundred
sixty-five
thousand
dollars
worth
of
these
encumbrance
carryforwards
divided
up
into
the
various
funds.
B
The
details
of
that
is
actually
provided
in
your
staff
report
as
the
attachment
kind
of
aniline
item
basis,
but
looking
at
it
from
the
fun
perspective,
there's
one
hundred
fifty
two
thousand
dollars
in
the
general
fund,
four
thousand
dollars,
plus
in
the
solid
waste
recycling
and
then
for
some
of
the
enterprise
funds.
The
other
amounts
of
the
carrier
boards
are
identified
on
the
slide
before
you
so
again,
an
aggregate
that's
two
hundred
sixty
five
thousand
dollars.