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HomeMy WebLinkAboutRES CC 2021 4061 2021 1215 RESOLUTION NO. 2021-4061 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2021/22 BUDGET AND AUTHORIZING THE TRANSFER OF GENERAL FUND (1000) AND THE GAS TAX FUND (2415) TO COVER FISCAL YEAR 2020/21 YEAR-END DEFICITS FOR CERTAIN LANDSCAPING AND LIGHTING ASSESSMENT DISTRICT FUNDS WHEREAS, on June 2, 2021, the City Council adopted Resolution No. 2021-4009 approving the Engineer's Report; confirming diagram and assessment; and ordering the continuation of assessments for fiscal year (FY) 2021/22 for the City Landscaping and Lighting Maintenance and Assessment Districts (AD); and WHEREAS, on June 16, 2021, the City Council adopted Resolution No. 2021-4013 approving the Operating and Capital Improvement Budget for FY 2021/22, which includes an aggregate of $220,063.42 transfers from the General Fund to cover the estimated FY 2020/21 deficits in certain AD funds; and WHEREAS, a staff report has been presented to the City Council summarizing the actual FY 2020/21 fund deficits of $197,333.32 in various AD funds; and the same report is recommending a net appropriation totaling $74,816.98 be made by reducing General Fund transfers already budgeted by ($85,004.67) and budgeting a transfer of ($122,516.34) 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 $197,333.32 from the General Fund ($74,816.98) and Gas Tax Fund ($122,516.34); 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 decreases of $22,730.10 in General Fund ($10,187.69) and in Gas Tax Fund ($12,542.41) to eliminate the FY 2020/21 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 $197,333.32 as particularly described in Exhibit "A", is hereby approved. Resolution No. 2021-4061 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 15th day of December, 2021. • ice S. Parvin, Mayor ATTEST: �,�o`".P *,, 4ft,Aa r(7 ... teAk," -a.. Ky Spa ler, City 'lerk • O M! ) 9 � � 9a � F-,tb .eu`�f Attachment: Exhibit "A" - Budget Amendment and Fund Transfer Detail Resolution No. 2021-4061 Page 3 EXHIBIT A Budget Amendment for General Fund and Gas Tax Fund to Adjust Transfers Required to Fund FY 2020/21 Year-End Deficits in Certain Landscaping and Lighting Assessment District Funds FY 2021/22 A FUND ALLOCATION: Fund Title Fund-Account Number Amount General Fund 1000-000-00000-33990 _ $ (10,187.69) Gas Tax Fund 2415-000-00000-33990 $ (12,542.41) Total $ (22,730.10) B. FISCAL YEAR 2021/22 BUDGET APPROPRIATION: Account Number Current Budget Revision Amended Budget FROM: 1000-542-00000-59010 $ 85,004.67 $ (10,187.69) $ 74,816.98 2415-312-00000-59010 $ 50,054.08 $ (2,354.70) $ 47,699.38 2415-542-00000-59010 $ 85,004.67 $ (10,187.71) $ 74,816.96 Total $ 220,063.42 $ (22,730.10) $ 197,333.32 TO: 2300-000-00000-49010 (Lighting) $ (50,054.00) $ 2,354.62 $ (47,699.38) 2300-000-00000-49010 (Landscaping) $ (75,081.00) $ 10,610.68 $ (64,470.32) 2301-000-00000-49010 $ (13,534.94) $ 3,574.40 $ (9,960.54) 2303-000-00000-49010 $ (1,516.96) $ 3.09 $ (1,513.87) 2305-000-00000-49010 $ (57,496.71) $ (110.81) $ (57,607.52) 2306-000-00000-49010 $ (702.20) $ 172.93 $ (529.27) 2308-000-00000-49010 $ (10,069.94) $ 356.16 $ (9,713.78) 2309-000-00000-49010 $ (5,490.40) $ 1,517.34 $ (3,973.06) 2314-000-00000-49010 $ (6,117.27) $ 4,251.69 $ (1,865.58) Total $ (220,063.42) $ 22,730.10 $ (197,333.32) C. APPROPRIATION ALLOCATION: Account Number From From To Be Transferred to Account Fund 1000 Fund 2415 Total 2300-000-00000-49010 (Lighting) $ - $ 47,699.38 $ 47,699.38 2300-000-00000-49010 (Landscaping) $ 32,235.16 $ 32,235.16 $ 64,470.32 2301-000-00000-49010 $ 4,980.27 $ 4,980.27 $ 9,960.54 2303-000-00000-49010 $ 756.94 $ 756.93 $ 1,513.87 2305-000-00000-49010 $ 28,803.76 $ 28,803.76 $ 57,607.52 2306-000-00000-49010 $ 264.64 $ 264.63 $ 529.27 2308-000-00000-49010 $ 4,856.89 $ 4,856.89 $ 9,713.78 2309-000-00000-49010 $ 1,986.53 $ 1,986.53 $ 3,973.06 2314-000-00000-49010 $ 932.79 $ 932.79 $ 1,865.58 Total $ 74,816.98 $ 122,516.34 1 $ 197,333.32 Resolution No. 2021-4061 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. 2021-4061 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 15th day of December, 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 15th day of December, 2021. 4 Ky16-4)9g, pr, C Clerk (seal) 9 if• f