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HomeMy WebLinkAboutAGENDA REPORT 2005 1116 CC REG ITEM 10JTO: FROM: DATE MOORPARK CITY COUNCIL AGENDA REPORT The Honorable City Council ITEM I O's T CITY OF MOORPAlRK, CALIFORNIA CRY Council Meeting ot_ 1/ /6DvS ACTION: � �' aZ5Fo2o Mary K. Lindley, Parks, Recreation, and Community Services Director November 8, 2005 (Meeting of November 16, 2005) SUBJECT: Consider Budget Amendment for Landscape and Lighting Maintenance Assessment District (AD04 -1) - Zone 18 (Colmer - Tract 5307) DISCUSSION With the adoption of the FY 2005/06 Budget on June 15, 2005, the Council approved expenditures for the City's various Landscape and Lighting Maintenance Assessment District. At that time, the landscape improvements within Assessment District AD04 -1 were completed, but were still under the developer's 12 -month maintenance period. As a result, City staff had not identified an expenditure budget for the time when the City would assume maintenance responsibility. As of September 26, 2005, the City took over responsibility for the maintenance of all of the improvements within AD04- 1. The Council is now being asked to amend the FY 2005/06 budget by allocating funds from AD04 -1 to the Landscape Maintenance expenditure budget. As of June 30, 2005, the fund balance in AD04 -1 was estimated to be $21,000. In FY 2005/06, AD04 -1 is estimated to receive $20,000 in new revenue, bringing the total funds available to $41,000. The cost to the City to assume maintenance responsibility from September 26, 2005 to June 30, 2006, is estimated to be $10,000. Honorable City Council November 16, 2005 Page 2 STAFF RECOMMENDATION (Roll Call Vote) Adopt the attached resolution amending the FY 2005/06 budget by appropriating $10,000 from AD04 -1 fund balance (2318) for landscape maintenance costs. M:\MLindley \Landscp Zones\Zone 18 budget resolution ccagda 11- 16- 05.doc 0.1307 8 Honorable City Council November 16, 2005 Page 3 RESOLUTION NO. 2005- ATTACHMENT A A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FY 2005/06 BUDGET BY APPROPRIATING $10,000 FROM AD04 -1 (2318) FUND BALANCE TO THE LANDSCAPE MAINTENANCE EXPENDITURE BUDGET ( 7 900 ) WHEREAS, on June 15, 2005, the City Council adopted the budget for Fiscal Year 2005/06; and WHEREAS, a staff report has been presented to said Council requesting a budget amendment appropriating $10,000 from AD04 -1 for landscape maintenance; and WHEREAS, Exhibit "A" 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. A budget amendment appropriating $10,000 from the AD04 -1 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 day of Patrick Hunter, Mayor ATTEST: Deborah S. Traffenstedt, City Clerk Attachment: Exhibit A M:\MLindley \Landscp Zones\Zone 18 budget resolution ccagda 11- 16- 05.doc 2005. 0 co0- c'3 Honorable City Council November 16, 2005 Page 4 Exhibit A Budget Amendment Parks, Recreation, and Community Service Dept. FY 2005/06 Budget Revision A. Fund Allocation: Fund No. Fund Name Amount 2318.5500 AD04 -1 $10,000 $3,000 $3,000 2318.7900.7901.9331 B. Budget Appropriation: BUDGET NUMBER BUDGETED REVISION NEW BUDGET 2318.7900.7901.9252 $0 $3,000 $3,000 2318.7900.7901.9331 $0 $5,000 $5,000 2318.7900.7901.9413 $0 $500 $500 2318.7900.7901.9415 $0 $1,500 $1,500 $10,000 $10,000 Approved to Form: M:\MLindley \Landscp Zones\Zone 18 budget resolution ccagda 11- 16- 05.doc (➢00:.5®