The URL can be used to link to this page

Home My WebLink AboutRES CC 2020 3979 2020 1216 RESOLUTION NO. 2020-3979 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2020/21 BUDGET AND AUTHORIZING THE TRANSFER OF GENERAL FUND (1000) AND THE GAS TAX FUND (2415) TO COVER FISCAL YEAR 2019/20 YEAR-END DEFICITS FOR CERTAIN LANDSCAPING AND LIGHTING ASSESSMENT DISTRICT FUNDS WHEREAS, on June 3, 2020, the City Council adopted Resolution No. 2020-3910 approving the Engineer's Report; confirming diagram and assessment; and ordering the continuation of assessments for fiscal year (FY) 2020/21 for the City Landscaping and Lighting Maintenance and Assessment Districts (AD); and WHEREAS, on June 17, 2020, the City Council adopted Resolution No. 2020-3925 approving the Operating and Capital Improvement Budget for FY 2020/21, which includes an aggregate of $259,096 transfers from the General Fund to cover the estimated FY 2019/20 deficits in certain AD funds; and WHEREAS, a staff report has been presented to the City Council summarizing the actual FY 2019/20 fund deficits of $154,219.83 in various AD funds; and the same report is recommending a net appropriations totaling $104,876.17 be made by reducing General Fund transfers already budgeted by ($198,810.54) and budgeting a transfer of ($93,934.37) from Gas Tax Fund 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 $154,219.83 from the General Fund ($60,285.46) and Gas Tax Fund ($93,934.37); 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 $104,876.17 in General Fund ($198,810.54) and an increase in Gas Tax Fund by ($93,934.37) to eliminate the FY 2019/20 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 $154,219.83 as particularly described in Exhibit "A", is hereby approved. Resolution No. 2020-3979 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 16th day of December, 2020. Janice S. Parvin, Mayor ATTEST: f..o.PA _q ( -- _OW,. -41 Ky Sp gl r, Clerk 2614314," ► i� sv0&II 9w lipJo- Attachment: Exhibit "A" - Budget Amendment and Fund Transfer Detail Resolution No. 2020-3979 Page 3 EXHIBIT A Budget Amendment for General Fund and Gas Tax Fund to Adjust Transfers Required to Fund FY 2019/20 Year-End Deficits in Certain Landscaping and Lighting Assessment District Funds FY 2020/21 A. Fund Allocation Fund Title Fund-Account Number Amount General Fund 1000-000-00000-33990 $ 198,810.54 Gas Tax Fund 2415-000-00000-33990 $ (93,934.37) Total; $ 104,876.17 B. Fiscal Year 2020/21 Budget Appropriation Account Number Current Budget Revision Amended Budget FROM: 1000-312-00000-59010 $ 80,954.00 $ (80,954.00) $ - 1000-542-00000-59010 $ 178,142.00 $ (117,856.54) $ 60,285.46 2415-312-00000-59010 $ - $ 33,648.87 $ 33,648.87 2415-542-00000-590.10 $ - $ 60,285.50 $ 60,285.50 Total $ 259,096.00 $ (104,876.17) $ 154,219.83 TO: 2300-000-00000-49010(Lighting) $ - $ 33,648.87 $ 33,648.87 2300-000-00000-49010(Landscaping) $ 134,335.00 $ (90,631.33) $ 43,703.67 2301-000-00000-49010 $ 15,908.00 $ (956.20) $ 14,951.80 2302-000-00000-49010 $ 36,317.00 $ (36,317.00) $ - 2303-000-00000-49010 $ 1,316.00 $ (1,316.00) $ - 2305-000-00000-49010 $ 54,043.00 $ (12,952.52) $ 41,090.48 2306-000-00000-49010 $ 141.00 $ 4,266.73 $ 4,407.73 2308-000-00000-49010 $ 8,467.00 $ 978.13 $ 9,445.13 2309-000-00000-49010 $ 5,002.00 $ (112.73) $ 4,889.27 2314-000-00000-49010 $ 3,567.00 $ (1,484.12) $ 2,082.88 Total $ 259,096.00 $ (104,876.17) $ 154,219.83 C. Appropriation Allocation Account Number From From To Be Transferred to Account Fund 1000 Fund 2415 Total 2300-000-00000-49010(Lighting) $ - $ 33,648.87 $ 33,648.87 2300-000-00000-49010(Landscaping) $ 21,851.83 $ . 21,851.84 $ 43,703.67 2301-000-00000-49010 $ 7,475.90 $ 7,475.90 $ 14,951.80 2305-000-00000-49010 $ 20,545.24 $ 20,545.24 $ 41,090.48 2306-000-00000-49010 $ 2,203.86 $ 2,203.87 $ 4,407.73 2308-000-00000-49010 $ 4,722.56 $ 4,722.57 $ 9,445.13 2309-000-00000-49010 $ 2,444.63 $ 2,444.64 $ 4,889.27 2314-000-00000-49010 $ 1,041.44. $ 1,041.44 $ 2,082.88 Total $ 60,285.46 $ . 93,934.37 $ 154,219.83 Resolution No. 2020-3979 Page 4 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. 2020-3979 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 16th 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 16th day of December, 2020. Ky Spa ler, Cit Jerk (seal) ;pRK Q q O„ Gc.Q *4v- "