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HomeMy WebLinkAboutAGENDA REPORT 2004 0616 CC REG ITEM 09GITEM q-&- r MOORPARK CITY COUNCIL AGENDA REPORT TO: Honorable City Council FROM: Cindy Borchard, Administrative Services Director OP DATE: June 2, 2004 (City Council Meeting of June 16, 2004) SUBJECT: Consider Resolution Adopting an Operating and Capital Improvements Budget for the City of Moorpark for the Fiscal Year 2004 -2005. SUMMARY On May 19, 2004 the City his recommended Operating the Fiscal Year 2004 -2005. discuss the budget on May of a budget prior to June DISCUSSION Manager presented to the City Council and Capital Improvement Budgets for The Council held a public meeting to 26, 2004. State law requires adoption 30, 2004. On May 26, 2004 the City Manager presented his proposed Operating and Capital Improvement Budgets for the City of Moorpark. During deliberation of the proposed budget, the City Council directed staff to make several changes to the budget. These include: 1. Eliminated funding for the day laborer services in the City Manager's Department in the amount of $15,000 from the General Fund (1000) ; 2. Eliminated funding for the video monitor maintenance service in the Recreation Division in the amount of $3,000 from the General Fund (1000) as this has already been completed in FY 03/04. 000112 Honorable City Council June 16, 2004 Page 2 3. Eliminated funding for the Apricot Festival in the Recreation Division in the amount of $11,000 and in the Sheriff's Department in the amount of $11,600 from the General Fund (1000) as well as the offsetting revenue in the amount of $12,000; 4. Removed funding for Santa Visits in the Recreation Division in the amount of $1,200 from the General Fund (1000) as well as the offsetting revenue in the amount of $1,750; 5. Transferred funding from the Los Angeles Area of Contribution Fund (2501) to fund the City Engineer's (1000 -8410) salaries and benefits and operating expenses in the amount of $160,259. Prior to fiscal year end 04/05, allocations will be made to the City Wide - Traffic Mitigation Fund (2002), Traffic System Management Fund (2001), and the General Fund (1000) Reserve as was Council's original intention for funding the position; 6. Additional funding in the amount of $14,000 from the General Fund (1000) for the Chamber of Commerce; 7. Removed funding for two of the four park marquee signs in the amount of $50,000 from the General Fund (1000); 8. Eliminated funding for the Park Master Plan in the amount of $15,000 and added funding for the Moorpark Symphony in the amount of $5,000 from the General Fund (1000); 9. Included additional funding in the amount of $33,144 in the Park Maintenance Fund (2400) to cover the landscaping services at Arroyo Vista Community Park; also increased the expenditure transfer in the same amount from the General Fund (1000) to cover this expense; The net effect of these changes within the General Fund is a reduction of $40,906 leaving a projected surplus in FY 2004/05 of $49,930 after the City's $263,886 contribution to the State deficit (See attached summary). 0001113 Honorable City Council June 16, 2004 Page 3 If the City Council concurs with the changes to the City Manager's recommended budget as noted in this staff report, staff recommends that the City Council adopt the attached resolution. New budget books will be prepared for your information. STAFF RECOMMENDATION (Roll Call Vote) Adopt Resolution No. 2004- Attachment: Resolution No. 2004- 000114 RESOLUTION NO. 2004- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, ADOPTING THE OPERATING AND CAPITAL IMPROVEMENTS BUDGET FOR THE CITY OF MOORPARK FOR THE FISCAL YEAR 2004 -2005 WHEREAS, on May 19, 2004 the City Manager's Recommended Budget for Fiscal Year 2004 -2005 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 May 26, 2004, 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 Improvements Budget for Fiscal Year 2004 -2005 (beginning July 1, 2004) 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 Improvements Budget for Fiscal Year 2004 -2005. SECTION 2. The City Manager is authorized to amend the capital improvement budget for the 2004 -2005 fiscal year at the conclusion of the 2003 -2004 fiscal year when a final accounting of project costs during the 2003 -2004 year is complete and continuing appropriations are determined as long as the total project appropriation authorized by the City Council is not exceeded. 000115 Resolution No. 2004 - Page 2 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 the Fiscal Year 2004 -2005 Operating and Capital Improvements 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. SECTION 6. 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 June, 2004. Patrick Hunter, Mayor ATTEST: Deborah S. Traffenstedt, City Clerk Attachment: Exhibit "A" 0-001.1 6 Resolution No. 2004 - Page 3 Exhibit A Operating and Capital Improvements Budget For the City of Moorpark Fiscal Year 2004 -2005 Provided Separately 0001'1,7 General Fund Projected 04/05 Surplus $ 112,651 Proposed ERAF to State (263,886) Projected Deficit (151,235) Expenditure Cuts: Day Laborer 15,000 Video System 3,000 Apricot Festival 11,000 Apricot Festival Sheriff 11,600 Santa Visits 1,200 Marquee Signs 50,000 Park Master Plan 15,000 Expenditure Additions: Symphony (5,000) AVRC Landscaping (33,144) Chamber of Commerce (14,000) Revenue Adjustments: Apricot Festival (12,000) Santa Visits (1,750) Sub -Total Deficit (110,329) City Engineer Salary & Benefits (LA AOC)" 151,079 Plus 9202, 9221, 9222, 9223, 9224, & 9420 9,180 Revised Projected Surplus 04/05 $ 49,930 City Engineer costs charged to General Fund will need to be allocated prior to 04/05 fiscal year end to City -Wide Traffic, TSM and GF Reserve. Note Budget reflects transfer of $160,259 from LA AOC to General Fund. 00011.8