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HomeMy WebLinkAboutRES CC 2019 3820 2019 0619 RESOLUTION NO. 2019-3820 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, ADOPTING THE OPERATING AND CAPITAL IMPROVEMENT BUDGET FOR THE CITY OF MOORPARK FOR THE FISCAL YEAR 2019/2020 WHEREAS, on May 15, 2019 the City Manager's Proposed Budget for Fiscal Year 2019/2020 was submitted to the City Council for its review and consideration; and WHEREAS, the City Council has provided the opportunity for public comment at a public meeting held on May 29, 2019, and conducted detailed review of expenditure proposals; and WHEREAS, as the result of the reviews and analysis, expenditure proposals and revenue projections have been modified as needed. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The Operating and Capital Improvement Budget for Fiscal Year 2019/2020 (beginning July 1, 2019) for the City of Moorpark containing operating and capital expenditures and anticipated revenues as identified in Exhibit "A" to this resolution attached hereto and incorporated herein, shall be adopted as the City of Moorpark's Operating and Capital Improvement Budget for Fiscal Year 2019/2020. SECTION 2. The City Manager is authorized to amend the capital improvement budget for Fiscal Year 2019/2020 at the conclusion of Fiscal Year 2018/2019 when a final accounting of project costs during the Fiscal Year 2018/2019 is completed and continuing appropriations are determined as long as the total project appropriation authorized by the City Council is not exceeded. SECTION 3. The City Manager is authorized to approve appropriation transfers within departments and within individual funds as required to provide efficient and economical services, as long as the total department appropriation and fund appropriation authorized by the City Council is not exceeded. SECTION 4. Except as otherwise provided in this resolution, amendments to the appropriations in Fiscal Year 2019/2020 Operating and Capital Improvement Budget shall require Council action by resolution. SECTION 5. The City Manager is authorized to make such emergency appropriations as may be necessary to address emergency needs of the City, provided that the appropriation is presented to the City Council at its next regular meeting for ratification. Resolution No. 2019-3820 Page 2 SECTION 6. The budget approval is being done for City internal governance purposes and the approval of the Recognized Obligation Payment Schedule (ROPS) by the Oversight Board on January 28, 2019 and the State of California Department of Finance's (DOF) allowance of costs in the ROPS defined the parameters of the Successor Agency administrative and operating budget for the period of the ROPS. The Successor Agency understands that the annual budget may be modified should the ROPS be amended. SECTION 7. 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 June, 2019. J9 ice S. Parvin, Mayor to 4:0P �°ql, ATTEST: I��' o r Ky S g er �erk oulgrilk110s r`� 1 qA,/ A4TE0 Attachment: City Manager's Operating and Capital Improvements Budget FY 2019/2020 Resolution No. 2019-3820 Page 3 Attachment: City Manager's Operating and Capital Improvement Budget FY 2019/2020 The City Manager's Operating and Capital Improvement Budget for the City of Moorpark for Fiscal Year 2019/2020 is On File with the City Clerk Resolution No. 2019-3820 Page 4 STATE OF CALIFORNIA ) COUNTY OF VENTURA ) ss. CITY OF MOORPARK ) I, Ky Spangler, City Clerk of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 2019-3820 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 19th day of June, 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 19th day of June, 2019. 0 K Span I r, ity Srk � Y � (seal) • %0744 lsr