HomeMy WebLinkAboutRES CC 2021 4055 2021 1117 RESOLUTION NO. 2021-4055
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR
2021/22 BUDGET BY INCREASING THE REVENUE BUDGET
FOR LOCAL TRANSPORTATION DEVELOPMENT ACT (TDA)
ARTICLE 8C FUND (2414) BY $701,106; DECREASING THE
REVENUE BUDGET FOR LOCAL TDA ARTICLE 8A BY $700,000;
AND APPROPRIATING $700,000 FROM THE LOCAL TDA
ARTICLE 8C FUND (2414), $200,000 FROM THE TRAFFIC
SYSTEMS MANAGEMENT FUND (2001), AND $26,987 FROM
PROP 1B — LOCAL STREETS & ROADS FUND (2434) TO FUND
THE METROLINK NORTH PARKING LOT EXPANSION PROJECT
WHEREAS, on June 16, 2021, the City Council adopted the Operating and Capital
Improvement Projects Budget for Fiscal Year (FY) 2021/22; and
WHEREAS, a staff report has been presented to the City Council requesting a
revised TDA Claim, changing the claim for $512,332 in Local TDA Article 8c Fund (2414)
and $700,000 in Local TDA Article 8a Fund (2412) to $1,213,438 in TDA Article 8c Fund
(2414); and
WHEREAS, the revised TDA Claim will result in a decrease $700,000 in FY
2021/22 revenue for Local TDA Article 8a Fund (2412) and an increase of $701,106 in
FY 2021/22 revenue for Local TDA Article 8c Fund (2414); for a net increase in revenue
of $1,106 in the FY 2021/22 budget; and
WHEREAS, a staff report has been presented to the City Council requesting a
budget amendment in the amount of$700,000 from the Local TDA Article 8c Fund (2414);
$200,000 from the Traffic Systems Management Fund (2001); and $26,987 from the Prop
1 B-Local Streets & Roads Fund (2434) to fund the Metrolink North Parking Lot Expansion
Project; and
WHEREAS, Exhibit "A", attached hereto and made a part hereof, describes said
budget amendment 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. A budget amendment in the aggregate increase of $1,106 by
reducing revenue from Local TDA Article 8a Fund (2412) by $700,000 and increasing
revenue for Local TDA Article 8c Fund (2414) by $701,106, as more particularly described
in Exhibit "A", attached hereto, is hereby approved.
SECTION 2. A budget amendment in the amount of $700,000 from the Local TDA
Article 8c Fund (2414), as more particularly described in Exhibit "A", attached hereto, is
hereby approved.
Resolution No. 2021-4055
Page 2
SECTION 3. A budget amendment in the amount of $200,000 from the Traffic
Systems Management Fund (2001), as more particularly described in Exhibit "A",
attached hereto, is hereby approved.
SECTION 4. A budget amendment in the amount of $26,987 from the Prop 1B-
Local Streets & Roads Fund (2434), as more particularly described in Exhibit "A",
attached hereto, is hereby approved.
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 17th day of November, 2021.
J. ' ice S. Parvin, Mayor
ATTEST:
IA
Ky Spangler, City Clerk
Exhibit A— Budget Amendment" 4i
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Resolution No. 2021-4055
Page 3
EXHIBIT A
BUDGET AMENDMENT FOR
PROP 1B - LOCAL STREETS & ROADS FUND (2416) and;
LOCAL TDA ARTICLE 8C FUND (2414) and;
LOCAL TDA ARTICLE 8A FUND (2412) and
TRAFFIC SYSTEMS MANAGEMENT FUND (2001) for
METROLINK NORTH PARKING LOT EXPANSION PROJECT
FY 2021/22
FUND BALANCE ALLOCATION:
Fund Title Fund-Account Number Amount
PROP 1B - LOCAL STREETS & ROADS 2434-000-00000-33990 $ 26,987
LOCAL TDA ARTICLE 8C 2414-000-00000-33990 $ 701,106
LOCAL TDA ARTICLE 8C 2414-000-00000-33990 $ 700,000
LOCAL TDA ARTICLE 8A 2412-000-00000-33990 $ (700,000)
TRAFFIC SYSTEMS MANAGEMENT 2001-000-00000-33990 $ 200,000
Total $ 928,093
EXPENDITURE APPROPRIATION:
Current Amended
Account Number Budget Revision Budget
2434-430-00032-55200 $ 995,914 $ 26,987 $ 1,022,901
2414-430-00032-55200 $ - $ 700,000 $ 700,000
2001-430-00032-55200 $ - $ 200,000 $ 200,000
Total $ 995,914 $ 926,987 $ 1,922,901
REVENUE APPROPRIATION:
Current Amended
Account Number Budget Revision Budget
2414-000-00000-46200 $ (512,332)_ $ (701,106) $ (1,213,438)
2412-000-00000-46200 $ (700,000) $ 700,000 $ -
Total $ (1,212,332) $ (1,106) $ (1,213,438)
Resolution No. 2021-4055
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. 2021-4055 was adopted by the
City Council of the City of Moorpark at a regular meeting held on the 17th day of
November, 2021, 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 17th day of November,
2021.
0.1011r;',,`, 0
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410, ; Ky Spangler, City Clerk
(seal)
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