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Home My WebLink AboutRES CC 2019 3781 2019 0116 RESOLUTION NO. 2019-3781 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2018/2019 BUDGET TO APPROVE APPROPRIATION ADJUSTMENTS AND FUND TRANSFERS FROM THE GENERAL FUND (1000) AND THE GAS TAX FUND (2415) TO COVER FISCAL YEAR 17/2018 YEAR-END DEFICITS FOR CERTAIN ASSESSMENT DISTRICT FUNDS WHEREAS, on June 6, 2018, the City Council adopted Resolution No. 2018-3702 approving the Engineer's Report; confirming diagram and assessment; and ordering the continuation of assessments for fiscal year (FY) 2018/2019 for the City Landscaping and Lighting Maintenance and Assessment Districts (AD); and WHEREAS, on June 20, 2018, the City Council adopted Resolution No. 2018-3714 approving the Operating and Capital Improvement Budget for FY 2018/2019, which includes an aggregate of$404,147.00 transfers from the General Fund ($131,131.00) and Gas Tax Fund ($273,016.00) to cover the estimated FY 2017/2018 deficits in certain AD funds; and WHEREAS, a staff report has been presented to the City Council summarizing the actual FY 2017/2018 fund deficits of $210,370.42 in various AD funds; and the same report is recommending a decrease in appropriations totaling $193,776.58 in the General Fund ($81,021.04) and Gas Tax Fund ($112,755.54) to match the required fund transfers to eliminate the mentioned deficits; and WHEREAS, said staff report has been presented to the City Council requesting fund transfers in the aggregate amount of $210,370.42 from the General Fund ($50,109.96) and Gas Tax Fund ($160,260.46); and WHEREAS, Exhibit "A", attached hereto and made a part hereof, describes said budget amendments and the resultant impact to the budget line items. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. An aggregate budget amendment decrease of $193,776.58 in General Fund ($81,021.04) and Gas Tax Fund ($112,755.54) to eliminate the FY 2017/2018 deficits in certain AD funds, as more particularly described in Exhibit "A", is hereby approved. SECTION 2. That a fund transfer in the aggregate amount of $210,370.42 as particularly described in Exhibit "A", is hereby approved. Resolution No. 2019-3781 Page 2 SECTION 3. The City Clerk shall certify to the adoption of this resolution and shall cause a certified resolution to be filed in the book of original resolutions. PASSED AND ADOPTED this 16th day of January, 2019. Ja, ice S. Parvin, Mayor 4PcK ATTEST: o-41 NOM ec #2.411reelica,Altli.) Olt Maureen Benson, City Clerk ��7�:;e / o 94rFo .11-0'� Attachment: Exhibit 'A': Budget Amendment and Fund Transfer Detail Resolution No. 2019-3781 Page 3 Exhibit A Budget Amendment for General Fund and Gas Tax fund to Adjust Transfers Required to Fund FY 2017/2018 Year-End Deficits In Certain Assessment District Funds FY 2018/2019 A. Fund Allocation Fund/Account No. Fund Description Amount 1000-000-00000-33990 General Fund ($81,021.04) 2415-000-00000-33990 Gax Tax Fund ($112,755 54) Total ($193,776.58) B. Fiscal Year 2018/2019 Budget Appropriation Budget Number Adjusted Budget Budget Change Revised Budget FROM: 1000-542-00000-59010 $131,131 00 ($81,021.04) $50,109 96 2415-312-00000-59010 _ $141,884 00 ($31,733.50) $110,150 50 2415-542-00000-59010 $131,132.00 ($81,022 04) $50,109.96 Total $404,147.00 ($193,776.58) $210,370.42 TO. 2300-000-00000-49010 (Lighting) $141,884.00 ($31,733.50) $110,150.50 2300-000-00000-49010 (Landscaping) $101,270.00 ($60,947.96) $40,322.04 2301-000-00000-49010 $8,890.00 ($3,439 43) $5,450.57 2302-000-00000-49010 $65,589.00 ($65,589 00) $0.00 2305-000-00000-49010 $66,602.00 ($19,866.08) $46,735.92 2306-000-00000-49010 $336.00 ($336.00)_ $0.00 2308-000-00000-49010 $9,826.00 ($6,622.24) $3,203.76 2309-000-00000-49010 $5,480 00 ($2,708.84) $2,771.16 2314-000-00000-49010 $4,270 00 ($2,533.53) $1,736.47 Total $404,147.00 ($193,776.58) $210,370.42 C. Appropriation Allocation From From To Be Transferred to Account Fund 1000 Fund 2415 TOTAL 2300-000-00000-49010 Street Lighting $0.00 $110,150.50 $110,150.50 2300-000-00000-49010Landscaping $20,161.02 $20,161.02 $40,322.04 2301-000-00000-49010 $2,725.28 $2,725.29 $5,450.57 2305-000-00000-49010 $23,367.96 $23,367.96 $46,735.92 2308-000-00000-49010 $1,601.88 $1,601.88 $3,203.76 2309-000-00000-49010 $1,385.58 $1,385.58 $2,771.16 2314-000-00000-49010 $868.24 $868.23 $1,736.47 Total $50,109.96 $160,260.46 $210,370.42 Resolution No. 2019-3781 Page 4 STATE OF CALIFORNIA ) COUNTY OF VENTURA ) ss. CITY OF MOORPARK ) I, Maureen Benson, City Clerk of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 2019-3781 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 16th day of January, 2019, and that the same was adopted by the following vote: AYES: Councilmembers Enegren, Mikos, Pollock, Simons, and Mayor Parvin NOES: None ABSENT: None ABSTAIN: None WITNESS my hand and the official seal of said City this 23rd day of January, 2019. Maureen Benson, City Clerk (seal)