HomeMy WebLinkAboutAGENDA REPORT 2020 0304 REG CCSA ITEM 10DCITY OF MOORPARK, CALIFORNIA
City Council Meeting
of March 4, 2020
ACTION Adopted Resolution No. 2020-
3892.
BY B.Garza.
D. Consider Resolution Amending the Fiscal Year 2019/20 Budget in the Amount of
$101,542 for the Metrolink South Parking Lot South Entry Project (Project No.
C0029). Staff Recommendation: Adopt Resolution No. 2020-3892 amending the
Fiscal Year 2019/20 Budget in the amount of $101,542 from the Local TDA
Article 8C Fund (2414) for the Metrolink South Parking Lot South Entry Project
No. C0029. (ROLL CALL VOTE REQUIRED) (Staff: Shaun Kroes)
Item: 10.D.
MOORPARK CITY COUNCIL
AGENDA REPORT
TO: Honorable City Council
FROM: Shaun Kroes, Program Manager
DATE: 03/04/2020 Regular Meeting
SUBJECT: Consider Resolution Amending the Fiscal Year 2019/20 Budget in the
Amount of $101,542 for the Metrolink South Parking Lot South Entry
Project (Project No. C0029)
BACKGROUND & DISCUSSION
The Fiscal Year (FY) 2019/20 Budget included $362,918 in expense line 2414-311-
C0029-55200 for the Metrolink South Parking Lot South Entry Project (Project No.
C0029). Part of this expense line included $101,542 in Federal Transit Administration
(FTA) 5307 funding, which is reimbursement-based. When working on the FY 2019/20
budget, staff should have reflected this $101,542 as a FY 2019/20 Appropriation, and
not as part of the FY 2018/19 Estimated Carryover Amount as it was considered a new
appropriation for FY 2019/20. Consequently, when the Finance Department completed
the CIP roll-over in January 2020, the $101,542 was removed from expense line 2414-
311-C0029-55200. Staff is submitting a budget amendment in the amount of $101,542
in order to appropriate the FTA 5307 grant to expense line 2414-311-C0029-55200.
FISCAL IMPACT
Staff is requesting an amendment to the FY 2019/20 Budget in the amount of $101,542
from the Local TDA Article 8C Fund (2414). The FY 2019/20 budget includes the
$101,542 revenue; there is no impact to the fund balance.
COUNCIL GOAL COMPLIANCE
This action in consistent with City Council Strategy 5, Goal 5, Objective 1 (5.5.1):
Complete the south Metrolink parking lot.
Item: 10.D.
72
Honorable City Council
03/04/2020 Regular Meeting
Page 2
STAFF RECOMMENDATION (ROLL CALL VOTE REQUIRED)
Adopt Resolution No. 2020-____ amending the Fiscal Year 2019/20 Budget in the
amount of $101,542 from the Local TDA Article 8C Fund (2414) for the Metrolink South
Parking Lot South Entry Project No. C0029.
Attachment: Draft Resolution 2020-____
73
ATTACHMENT
RESOLUTION NO. 2020-____
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, AMENDING THE FISCAL
YEAR (FY) 2019/20 BUDGET BY APPROPRIATING
$101,542 FROM THE LOCAL TDA ARTICLE 8C FUND
(2414) FOR THE METROLINK SOUTH PARKING LOT
SOUTH ENTRY PROJECT NO. C0029
WHEREAS, on June 19, 2019, the City Council adopted the Operating and
Capital Improvements Budget for FY 2019/20 (Budget) which includes $101,542 grant
revenue from the Urbanized Area Formula Program Grant (49 U.S.C Section 5307)
administered by the Federal Transit Administration; and
WHEREAS, the grant monies are available to fund the Metrolink South Parking
Lot South Entry Project No. C0029; and
WHEREAS, a staff report has been presented to the City Council recommending
the appropriation of the $101,542 for the Metrolink South Parking Lot South Entry
Project No. C0029; and
WHEREAS, Exhibit “A”, attached hereto and made a part hereof, describes said
budget amendment and the resultant impact to the budget line item.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK
DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. A budget amendment in the amount of $101,542 from the Local
TDA Article 8C Fund (2414), as more particularly described in Exhibit “A”, attached
hereto, is hereby approved.
SECTION 2. The City Clerk shall certify to the adoption of this resolution and
shall cause a certified resolution to be filed in the book of original resolutions.
PASSED AND ADOPTED this 4th day of March, 2020.
________________________________
Janice S. Parvin, Mayor
ATTEST:
___________________________________
Ky Spangler, City Clerk
Exhibit A – Budget Amendment
74
Resolution No. 2020-____
Page 2
FUND BALANCE ALLOCATION:
Fund-Account Number Amount
2414-000-00000-33990 101,542.00$
Total 101,542.00$
EXPENDITURE APPROPRIATION:
Account Number Current Budget Revision Amended Budget
2414-311-C0029-55200 260,809.13$ 101,542.00$ 362,351.13$
2001-311-C0029-55200 2,000.20$ -$ 2,000.20$
2001-311-C0029-55300 108,258.45$ -$ 108,258.45$
2401-311-C0029-55100 342,000.00$
2401-311-C0029-55210 167,119.17$
2413-311-C0029-55200 45,903.00$ 45,903.00$
Total 926,089.95$ 101,542.00$ 1,027,631.95$
Local TDA Article 8C Fund
EXHIBIT A
BUDGET AMENDMENT FOR
LOCAL TDA ARTICLE 8C FUND (2414) FOR
THE METROLINK SOUTH PARKING LOT
SOUTH ENTRY PROJECT NO. C0029
Fund Title
FY 2019/20
75