HomeMy WebLinkAboutRES CC 2020 3975 2020 1202 RESOLUTION NO. 2020-3975
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, AMENDING THE FISCAL
YEAR 2020/21 BUDGET TO ALLOCATE $25,000 FROM
THE GENERAL FUND (1000) AND $25,000 FROM THE
HOUSING SUCCESSOR AGENCY FUND (2123) FOR
REAL ESTATE APPRAISAL SERVICES
WHEREAS, the City Council adopted the Operating and Capital Improvement
Budget for Fiscal Year 2020/21 on June 21, 2020; and
WHEREAS, a staff report has been presented to City Council requesting a
budget amendment for real estate appraisal services associated with impending
property sales for a total cost of$50,000; and
WHEREAS, a budget amendment in the amount of $25,000 from the General
Fund (1000) Unreserved Fund Balance and $25,000 from the Housing Successor
Agency Fund (2123) Fund Balance are needed to fund the work; and
WHEREAS, Exhibit "A" hereof describes 'said budget amendment and its
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 aggregate amount of $50,000 from the
General Fund (1000) Unreserved Fund Balance and Housing Successor Agency Fund
(2123) Fund Balance, as more particularly described in Exhibit A, 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 2nd day of December 2020.
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ice S. Parvin, Mayor
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Attachment: Exhibit A— Budget Amendment
Resolution No. 2020-3975
Page 2
EXHIBIT A
BUDGET AMENDMENT FOR
GENERAL FUND (1000)
HOUSING SUCCESSOR AGENCY FUND (2123)
REAL ESTATE APPRAISAL SERVICES
FY 2020/21
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FUND BALANCE ALLOCATION:
Fund Title Fund-Account Number Amount
GENERAL FUND 1000-000-00000-33990 $ 25,000.00
HOUSING SUCCESSOR AGENCY FUND 2123-000-00000-33990 $ 25,000.00
Total) $ 50,000.00
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:EXPENDITURE APPROPRIATION:
Account Number Current Budget Revision Amended Budget
1000-172-00000-51000 $ - $ 25,000.00 $ 25,000.00
2123-172-00000-51000 $ - $ 25,000.00 $ 25,000.00
$ - $ - $ -
$ - $ - $ -
$ - $ - $ -
Total $ - $ 50,000.00 $ 50,000.00
Resolution No. 2020-3975
Page 3
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. 2020-3975 was adopted by
the City Council of the City of Moorpark at a regular meeting held on the 2nd day of
December, 2020, and that the same was adopted by the following vote:
AYES: Councilmembers Castro, Enegren, Groff, Pollock and Mayor Parvin
NOES: None
ABSENT: None
ABSTAIN: None
WITNESS my hand and the official seal of said City this 2nd day of December,
2020.
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