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HomeMy WebLinkAboutAGENDA REPORT 2019 0417 REG CCSA ITEM 10FCITY OF MOORPARK, CALIFORNIA City Council Meeting of April 17, 2019 ACTION Approved Staff Recommendation. BY B.Garza F. Consider Resolution Amending the Fiscal Year 2018/19 Budget to Correct Recorded Funding Source for Moorpark Government TV Channel (MPTV) Equipment Replacement by Removing General Fund Monies for these uses. Staff Recommendation: Adopt Resolution No. 2019-________, amending the Fiscal Year 2018/19 budget to correct the recorded funding source for MPTV Equipment Replacement. ROLL CALL VOTE REQUIRED (Staff: Atanas Beltchev) Item: 10.F. MOORPARK CITY COUNCIL AGENDA REPORT TO: Honorable City Council FROM: Atanas Beltchev, Information Systems Manager DATE: 04/17/2019 Regular Meeting SUBJECT: Consider Resolution Amending the Fiscal Year 2018/19 Budget to Correct Recorded Funding Source for Moorpark Government TV Channel (MPTV) Equipment Replacement by Removing General Fund Monies for these uses. BACKGROUND AND DISCUSSION On June 20, 2018, the City Council adopted the FY 2018/2019 Operating and Capital Improvement Budget (Budget), which included funding for City’s Government TV Channel (MPTV). MPTV is a key component in City’s technology infrastructure, used to provide information to the public. It consists of professional Audio/Video (A/V) systems and components, designed to work together to produce high quality A/V broadcasts and recordings. Consistent with rules established by the California Public Utilities Commission, the main funding source for purchasing and replacing equipment used for MPTV are revenues derived from franchise fees for Public, Educational and Government access TV channels, also known as PEG fees, that is paid by the cable companies with operations within the City limits and providing service to the residents of Moorpark. In the Fiscal Year (FY) 2018/19 Budget, funding for MPTV system improvements and equipment replacement is allocated from two separate funds: $20,000 from the PEG Capital Fund (3006) and $10,000 from the General Fund (1000). To reflect the real actual funding source for MPTV equipment coming from PEG funds only, a budget amendment is being requested. Staff is recommending that the City Council approve a resolution amending the budget to correctly record the PEG Capital Fund as the only source for MPTV system improvements and equipment replacement expenses, and remove any General Fund monies previously identified for that purpose. Item: 10.F. 255 Honorable City Council 04/17/2019 Regular Meeting Page 2 FISCAL IMPACT The attached budget amendment will increase $10,000 in expenditures to be drawn from the PEG Capital Fund and will decrease $10,000 in expenditures from the General Fund in FY 2018/19 Budget. STAFF RECOMMENDATION (ROLL CALL VOTE) Adopt Resolution No. 2019-________, amending the Fiscal Year 2018/19 budget to correct the recorded funding source for MPTV Equipment Replacement. Attachment – Resolution No. 2019-__________ 256 RESOLUTION NO. 2019-_______ A RESOLUTION OF CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2018/19 BUDGET TO CORRECT RECORDED FUNDING SOURCE FOR MOORPARK GOVERNMENT TV CHANNEL (MPTV) EQUIPMENT REPLACEMENT BY REMOVING GENERAL FUND MONIES FOR THESE USES WHEREAS, on June 20, 2018 the City Council adopted the Operating and Capital Improvement Projects budget for Fiscal Year (FY) 2018/19 which includes $10,000 in the General Fund (1000) and $20,000 from the Public Educational and Government (PEG) Capital Fund (3006) for MPTV equipment replacement; and WHEREAS, a correction to the budget is proposed to increase $10,000 in expenditures to be drawn from the PEG Capital Fund (3006) and to decrease $10,000 in expenditures from the General Fund (1000) to correct the funding source for MPTV equipment by allocating expenditures only to the PEG fund; and WHEREAS, Exhibit “A”, attached hereto and made a part hereof, describes said budget amendment 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. A budget amendment in the amount of $10,000 to the PEG Capital Fund (3006) and in the amount of ($10,000) to the General Fund (1000) as more particularly described in Exhibit “A”, attached hereto, is hereby approved. SECTION 2. The City Clerk shall certify to the adoption of this resolution and shall cause a certified resolution to be filed in the book of original resolutions. PASSED AND ADOPTED this 17th day of April, 2019. _____________________________ Janice S. Parvin, Mayor ATTEST: _____________________________ Deborah Traffenstedt Assistant City Manager/City Clerk 257 Resolution No. 2019-______ Page 2 Exhibit A – Budget Amendment EXHIBIT A BUDGET AMENDMENT FOR GENERAL FUND (1000) AND PEG CAPITAL FUND (3006) TO CORRECT RECORDED FUNDING SOURCE FOR MOORPARK GOVERNMENT TV CHANNEL (MPTV) EQUIPMENT REPLACEMENT FY 2018/19 FUND BALANCE ALLOCATION: Fund Title Fund-Account Number Amount GENERAL FUND 1000-000-00000-33990 ($ 10,000.00) PEG Capital Fund 3006-000-00000-33990 $ 10,000.00 Total $ 0.00 EXPENDITURE APPROPRIATION: Account Number Current Budget* Revision Amended Budget 1000-134-00000-51000 $ 48,000.00 ($ 10,000.00) $ 38,000.00 3006-134-00000-52050 $ 20,000.00 $ 10,000.00 $ 30,000.00 Total $ 68,000.00 $ 0.00 $ 68,000.00 258