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HomeMy WebLinkAboutRES CC 2019 3867 2019 1218 RESOLUTION NO. 2019-3867 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2019/20 BUDGET AND AUTHORIZING THE TRANSFER OF GENERAL FUND (1000) AND THE GAS TAX FUND (2415) TO COVER FISCAL YEAR 2018/19 YEAR-END DEFICITS FOR CERTAIN LANDSCAPING AND LIGHTING ASSESSMENT DISTRICT FUNDS WHEREAS, on June 5, 2019, the City Council adopted Resolution No. 2019-3812 approving the Engineer's Report; confirming diagram and assessment; and ordering the continuation of assessments for fiscal year (FY) 2019/20 for the City Landscaping and Lighting Maintenance and Assessment Districts (AD) except for District 20 (Meridian Hills); and WHEREAS, on June 19, 2019, the City Council adopted Resolution No. 2019-3820 approving the Operating and Capital Improvement Budget for FY 2019/20, which includes an aggregate of $297,532 transfers from the General Fund ($89,962) and Gas Tax Fund ($207,570)to cover the estimated FY 2018/19 deficits in certain AD funds; and WHEREAS, a staff report has been presented to the City Council summarizing the actual FY 2018/19 fund deficits of $186,803.55 in various AD funds; and the same report is recommending a decrease in appropriations totaling $110,728.45 in the General Fund ($57,172.91) and Gas Tax Fund ($53,555.54) 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 $186,803.55 from the General Fund ($32,789.09) and Gas Tax Fund ($154,014.46); 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 $110,728.45 in General Fund ($57,172.91) and Gas Tax Fund ($53,555.54) to eliminate the FY 2018/19 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 $186,803.55 as particularly described in Exhibit "A", is hereby approved. Resolution No. 2019-3867 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 18th day of December, 2019. ice S. Parvin, Mayor ATTEST: o��pPK 'o K .SVA447. Ky Span r, amity erk —rifil11414V-4147 t16 411� -m A®9grid 4-t Attachment: Exhibit 'A' - Budget Amendment and Fund Transfer Detail Resolution No. 2019-3867 Page 3 EXHIBIT A Budget Amendment for General Fund and Gas Tax Fund to Adjust Transfers Required to Fund FY 2018/19 Year-End Deficits in Certain Landscaping and Lighting Assessment District Funds FY 2019/20 A. Fund Allocation Fund/Account No. Fund Description Amount 1000-000-00000-33990 General Fund ($57,172.91) 2415-000-00000-33990 Gax Tax Fund ($53,555.54) Total ($110,728.45) B. Fiscal Year 2019/20 Budget Appropriation Budget Number Adjusted Budget Budget Change Revised Budget FROM: 1000-542-00000-59010 $89,962.00 ($57,172.91) $32,789 09 2415-312-00000-59010 $117,607 00 $3,618.37 $121,225.37 2415-542-00000-59010 $89,963.00 ($57,173.91) $32,789.09 Total $297,532.00 ($110,728.45) $186,803.55 TO: 2300-000-00000-49010 (Lighting) $117,607 00 $3,618 37 $121,225 37 2300-000-00000-49010 (Landscaping) $48,277.00 ($30,596 10) $17,680.90 2301-000-00000-49010 $7,698.00 $1,043.44 $8,741.44 2302-000-00000-49010 $55,667.00 ($55,667.00) $0.00 2303-000-00000-49010 $550.00 ($550.00) $0.00 2304-000-00000-49010 $12.00 ($12.00) $0.00 2305-000-00000-49010 $53,994.00 ($24,896.08) $29,097.92 2306-000-00000-49010 $0.00 $467.84 $467.84 2308-000-00000-49010 $4,961.00 ($157.38) $4,803.62 2309-000-00000-49010 $5,267.00 ($2,337.59) $2,929.41 2314-000-00000-49010 $3,499.00 ($1,641.95) $1,857.05 Total $297,532.00 ($110,728.45) $186,803.55 Resolution No. 2019-3867 Page 4 C. Appropriation Allocation From From To Be Transferred to Account Fund 1000 Fund 2415 TOTAL 2300-000-00000-49010 Street Lighting $0.00 $121,225.37 $121,225.37 2300-000-00000-49010Landscaping $8,840.45 $8,840.45 $17,680.90 2301-000-00000-49010 $4,370.72 $4,370.72 $8,741 44 2305-000-00000-49010 $14,548.96 $14,548.96 $29,097.92 2306-000-00000-49010 $233.92 $233.92 $467.84 2308-000-00000-49010 $2,401.81 $2,401.81 $4,803.62 2309-000-00000-49010 $1,464.71 $1,464.70 $2,929.41 2314-000-00000-49010 $928.52 $928.53 $1,857.05 Total $32,789.09 $154,014.46 $186,803.55 Resolution No. 2019-3867 Page 5 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. 2019-3867 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 18th day of December, 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 18th day of December, 2019. Ky SpaInerk (seal) pp,RK kg' !oft O� yr, JUL'�