HomeMy WebLinkAboutAGENDA REPORT 2003 0319 CC REG ITEM 10Ei
MOORPARK CITY COUNCIL
AGENDA REPORT
TO: The Honorable City Council
FROM: Kenneth C. Gilbert Director of Public Works
DATE: March 6, 2003 (Council Meeting 3- 19 -03)
SUBJECT: Adopt Resolution Amending the FY 02/03 Budget to Fund
Certain Assessment Engineering Costs [Fund 1000 -
General Fund]
DISCUSSION
A. Background
Consistent with the City Council's Goals and Objectives for FY
02/03, staff retained the services of an Assessment Engineer to
develop Opinion Poll data and to proceed with the development
of a Proposition 218 Mail Ballot to seek community support for
the establishment of a new assessment district to fund City
costs for street lighting and landscaping expenses. As has been
discussed before, costs for these programs currently exceed the
revenues generated by Assessment District AD84 -2.
Anticipated assessment engineering and related costs for these
efforts were estimated to be approximately $92,000.
B. Project Deferred
As you know, in recent months the State has threatened to
withhold state subvention revenues which heretofore have been
relied upon by cities to fund essential municipal services and
programs. The full extent of those revenue cuts have not yet
been determined. Like other cities, Moorpark may find it
necessary to increase existing and /or add new revenue sources
to off -set these lost revenues.
Knowing this, it was deemed prudent to defer efforts to
establish a new Lighting & Landscaping maintenance assessment
district until the City had a better picture of its overall
revenue needs and requirements. Costs incurred for efforts to
date total $7,680.
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Assessment Engineering Costs
March 6, 2003
Page 2
C. Anticipated Revenue / New Funding Source
If the above mentioned new assessment district were approved,
the assessment engineering costs incurred in the creation of
that new district would have been funded by the revenues
generated by that new district. Now that efforts to establish
the new district have been suspended, it is necessary to
appropriate funds from another source to cover costs incurred
to date.
D. Budaet Amendment
Attached as Exhibit 1 is a Resolution amending the FY 02/03
Budget to fund the above costs [$7,680] from the General Fund.
STAFF RECOMMENDATION (ROLL CALL VOTE)
Adopt Resolution No. 2003 - Amending the FY 02 /03'Budget to
fund the Assessment Engineering costs defined and described in
this report.
Attachments:
Exhibit 1: Resolution
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Exhibit 1
RESOLUTION NO. 2003-
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF MOORPARK, CALIFORNIA, AMENDING THE FY
2002/03 BUDGET TO FUND CERTAIN ASSESSMENT
ENGINEERING EXPENSES [GENERAL FUND (FUND
1000) ]
WHEREAS, on June 5, 2002, the City Council adopted the Budget
for Fiscal Year 2002/03; and
WHEREAS, a staff report has been presented to the City
Council requesting a budget increase in the aggregate amount of
$7,800; and
WHEREAS, said staff report discusses certain fund transfers
approved last fiscal year and the need to adjust same; and
WHEREAS, Exhibit "A ", attached hereto and made a part hereof,
describes said budget amendment and its resultant impacts to the
budget line item(s).
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES
HEREBY RESOLVE AS FOLLOWS:
SECTION 1. That a Budget amendment in the aggregate increase
of $7,800, as more particularly described in Exhibit "A ", is
hereby approved.
SECTION 2. 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 19th day of March, 2003.
Patrick Hunter, Mayor
ATTEST:
Deborah S. Traffenstedt, City Clerk
Attachment:
Exhibit 'A': Appropriation and Budget Detail
Resolution No. 2003 -
Exhibit "A"
Appropriations & Budget
For Miscellaneous
Assessment Engineering Services
A. Fund Allocation
B. FY 02/03 Budget Re -Cap
Current
FY 02/03
Account Number _ Budget
1000.8100.0000.9103 $ 0
Special Professional Services
Approved as to form: r
subject
ropriation
Reduction)
$ 7,800
Revised
FY 02/03
7,800