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HomeMy WebLinkAboutRES CC 2022 4069 2022 0202 RESOLUTION NO. 2022-4069 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2021/22 BUDGET BY APPROPRIATING $41,555 FROM CDD ADMINISTRATION (1000-160-00000-59010) FOR A COST ALLOCATION PLAN, IMPACT FEE STUDY, AND DEVELOPER FEE STUDY WHEREAS, on June 16, 2021, the City Council adopted the Operating and Capital Improvement Budget for Fiscal Year 2021/22; and WHEREAS, a staff report has been presented to the City Council recommending award of an agreement to ClearSource Financial Consulting for a Cost Allocation Plan, Impact Fee Study and Developer Fee Study and requesting a budget amendment in the amount of $41,555 from the CDD Administration (1000-160-00000-59010) to fully fund the agreement; 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 $41,555 from CDD Administration (1000-160-00000-59010), 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 2nd day of February, 2022. / Janice S. Parvin, Mayor ATTEST: 10 Ky Spang e , City 2 Exhibit A — Budget Amendment pyo i Resolution No. 2022-4069 Page 2 EXHIBIT A BUDGET AMENDMENT FOR COST ALLOCATION PLAN, IMPACT FEE STUDY AND DEVELOPER FEE STUDY FY 2021/22 FUND BALANCE ALLOCATION: Fund Title Fund-Account Number Amount CDD ADMINISTRATION 1000-160-00000-59010 $ 731,335.00 CONSULTANT IMPACT FEE STUDY 2200-161-00000-51000 $ 60,000.00 Total I $ 791,335.00 TRANSFER ALLOCATION Account Number Current Budget Revision Amended Budget 1000-160-00000-59010 $ 731,335.00 $ (41,555.00) $ 689,780.00 2200-161-00000-51000 $ 60,000.00 $ 41,555.00 $ 101,555.00 Total $ 791,335.00 $ - $ 791,335.00 EXPENDITURE APPROPRIATION: Account Number Current Budget Revision Amended Budget 2200-161-00000-51000 $ 60,000.00 $ 41,555.00 $ 101,555.00 Total $ 60,000.00 1 $ 41,555.00 1 $ 101,555.00 Resolution No. 2022-4069 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. 2022-4069 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 2nd day of February, 2022, 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 3rd day of February, 2022. Kx SEWK-�- Ky Spa ler, City Uerk (seal) q crpbpp� <�O� f p o O 2 n rib JO-