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HomeMy WebLinkAboutAGENDA REPORT 1998 1007 CC REG ITEM 11CITEM . CITY COUNCIL AGENDA REPORT Lid OF ty Council Meeting CITY OF MOORPARK of 10--j— G�9 ACTION: AC100W TO: The Honorable City Council ReSo . No . qA - (S a- �L FROM: Mary K. Lindley, Director of Community Servid@Y: DATE: September 29, 1998 SUBJECT: Consider FY 1998/99 Budget Amendment for Virginia Colony Park Background On September 16, the City Council directed that Virginia Colony Park remain open and maintained at the same level as the City's other parks. In order to accomplish this, the Council is begin asked to allocate funds from the General Fund Reserves to cover the operational expenses at this park through the end of the fiscal year. With the adoption of the FY 1998/99 Budget, the City Council funded Virginia Colony Park for two months while it attempted to determine the feasibility of transferring the use and maintenance of the park to the Moorpark Unified School District. Once it was decided that the use of the park and the on -going maintenance would not be absorbed by MUSD, the Council was faced with the decision of fully maintaining the park, maintaining the park at a reduced level, or closing the park. The Council's decision was to fully maintain the park. The cost to maintain Virginia Colony Park for ten months, through the end of the fiscal year, is $9,000. This includes landscape maintenance, repair and maintenance, water and electricity, and shop and operating supplies. The attached resolution authorizes a transfer of funds from the City's General Fund Reserve to the Park Division Budget. Recommendation It is recommended that the City Council adopt Resolution No. 98-____, amending the FY 1998/99 Budget by transferring $9,000 from the General Fund Reserve (100) to the Park Division Budget (100.705) for operational costs associated with Virginia Colony Park. \\MOR PRI SERV\home folders\M1.indley \PARKS \virgcolonybudamd.agd.doc 't "n'2 ( Vt4 RESOLUTION NUMBER 98- RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK AMENDING THE FY 1998/99 BUDGET FOR EXPENSES RELATED TO THE OPERATION AND MAINTENANCE OF VIRGINIA COLONY PARK BY TRANSFERRING $9,000 FROM THE GENERAL FUND RESERVES (100) TO THE PARK DIVISION (100.705) BUDGET. WHEREAS, on June 17, 1998, the City Council adopted the Budget for Fiscal Year 1998/99; and WHEREAS, on October 7, 1998, stab presented the Council with a report which requests the transfer of $9,000 from the General Fund Reserves (100) to the Park Division Budget (100.705) for the maintenance and operation of Virginia Colony Park; and WHEREAS, Exhibit "A" hereof describes said budget amendment and its resultant impacts to the budget line items. NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES RESOLVE AS FOLLOWS: A budget amendment in the amount of $9,000 as more particularly described in Exhibit "A" attached hereto is hereby approved; and, PASSED, APPROVED AND ADOPTED this 7d' day of October, 1998. Patrick Hunter, Mayor ATTEST: Deborah S. Traffenstedt, City Clerk \NOR PRI SERVlhome folders\NE indley \PARKSIvirgcolonybudamd.agd.doc oowlb Resolution No. 98- Exhibit "A" SUPPLEMENTAL APPROPRIATIONS BY ACCOUNT NUMBER ACCOUNT NUMBER CURRENT APPROPRIATION SUPPLEMENTAL APPROPRIATION / (REDUCTION) REVISED APPROPRIATION 100.705.0000.734.9101 $200.00 $400.00 $600.00 100.705.0000.734.9191 $600.00 $3,000.00 $3,600.00 100.705.0000.734.9211 $0.00 $300.00 $300.00 100.705.0000.734.9213 $1,250.00 $4,700.00 $5,950.00 100.705.0000.000.9218 $5,800.00 $200.00 $6,000.00 100.705.0000.734.9221 $0.00 $200.00 $200.00 100.705.0000.734.9251 $200.00 $200.00 $400.00 TOTALS: $8,050.00 $9,000.00 $17,050.00 SUMMARY OF TRANSFER IN/(OUT) BY FUND ACCOUNT CURRENT TRANSFER SUPPLEMENTAL REVISED NUMBER IN/(OUT) TRANSFER TRANSFER IN/ (OUT) IN/ (OUT) 100.000.0000.000.5101 $0.00 $(9,000.00) $(9,000.00) 100.705.xxxx.xxx.xxxx $0.00 $9,000.00 $9,000.00 NET TRANSFERS: $0.00 (should be $0 \\MOR PRI SERV\home folders\MLindley \PARKS \virgcolonybudamd.agd.doc 000311