HomeMy WebLinkAboutRES CC 2022 4133 2022 0921 RESOLUTION NO. 2022-4133
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, TO AMEND THE FISCAL YEAR
(FY) 2022/23 BUDGET TO TRANSFER $5,688,798 OF
PREVIOUSLY APPROPRIATED ARPA FUND MONIES
FROM THE PRINCETON AVENUE PROJECT TO THE CITY
LIBRARY PROJECT; AMEND THE FY 22/23 BUDGET TO
APPROPRIATE $5,688,798 FROM THE CITY WIDE
TRAFFIC MITIGATION FUND TO THE PRINCETON
AVENUE PROJECT; AND TRANSFER ALLOCATION OF
$2,012,876 OF FY 2021/22 EXPENDITURES FOR THE CITY
HALL PROJECT FROM THE CITY HALL IMPROVEMENT
FUND TO THE ARPA FUND
WHEREAS, on February 16, 2022, the City Council adopted Resolution No. 2022-
4074 to receive $8,701,674 in American Rescue Plan Act (ARPA) Funds; and
WHEREAS, on February 16, 2022, the City Council adopted Resolution No. 2022-
4075 to appropriate $5,688,798 from the ARPA Fund (2800) to the Princeton Avenue
Project (C0020); and
WHEREAS, on June 15, 2022, the City Council adopted the Operating and Capital
Improvement Budget for Fiscal Year (FY) 2022/23; and
WHEREAS, the City Council now desires to amend Resolution 2022-4075 to
reallocate $5,688,798 of ARPA monies within the existing Fund Balance of ARPA Fund
(2800) from the Princeton Avenue Project (C0020) to the new City Library Project
(C0056); and
WHEREAS, the City Council now desires to appropriate $5,688,798 from the
Citywide Traffic Mitigation Fund Balance (2002) to the Princeton Avenue Project (C0020);
and
WHEREAS, the City Council now desires to appropriate $2,012,876 from the
ARPA Fund Balance to expenditures associated with the City Hall Project (C0070) made
in FY 2021/22; and
WHEREAS, Exhibit "A" hereof describes the above two budget amendments and
one transfer item and their resultant impact to specific budget line items.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES
HEREBY RESOLVE AS FOLLOWS:
SECTION 1. A Budget Amendment to reallocate $5,688,798 in ARPA funding
from the Princeton Avenue Project to the City Library Project, as more particularly
described in Exhibit A, attached hereto, is hereby approved.
Resolution No. 2022-4133
Page 2
SECTION 2. A Budget Amendment to allocate $5,688,798 from the Citywide
Traffic Mitigation Fund to the Princeton Avenue Project, as more particularly described in
Exhibit B, attached hereto, is hereby approved.
SECTION 3. A transfer of $2,012,876 in FY 2021/22 expenditures made for the
City Hall Project, from the City Hall Improvement Fund for the account of the ARPA Fund,
as more particularly described in Exhibit C, attached hereto, is hereby approved.
SECTION 4. 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 21st day of September 2022.
Ja ice S. Parvin, Mayor Obi
ATTEST:
i 2
09
Ky Spa ler, Cit 4erk
Attachments: Exhibit A— Budget Amendment — City Library Appropriation
Exhibit B — Budget Amendment — Princeton Avenue Appropriation
Exhibit C — Interfund Transfer for City Hall Project
Resolution No. 2022-4133
Page 3
EXHIBIT A(SECTION 1)
BUDGET AMENDMENT FOR REALLOCATION OF PREVIOUSLY APPROPRIATED
ARPA FUND BALANCE FROM PRINCETON AVE CIP(C0020)TO NEW CITY LIBRARY PROJECT(C0056)
FY 2022/23
FUND BALANCE ALLOCATION:
Adopted FY22-23 Amended FY22-23
Fund Title Fund-Account Number Budget Amendment Fund Balance Fund Balance
ARPA 2800-000-00000-33990 $ - 3,012,870.00 3,012,870.00
Total $ - 3,012,870.00 3,012,870.00
EXPENDITURES BUDGET ALLOCATION:
Adopted FY22-23 Amended FY22-23
Fund Title Fund-Account Number Budget Amendment Budget Budget
PRINCETON AVENUE WIDENING PROJECT 2800-311-00020-55200 $ (5,688,798.00) $ 5,688,798.00 $NEW CITY LIBRARY PROJECT 2800-171-00056-55200 $ 5,688,798.00 $ - $ 5,688,798.00
Total $ - $ 5,688,798.00 $ 5,688,798.00
Resolution No. 2022-4133
Page 4
EXHIBIT B(SECTION 2)
BUDGET AMENDMENT FOR
REALLOCATION OF CITYWIDE TRAFFIC MITIGATION FUND BALANCE TO PRINCETON AVE CIP(C0020)
FY 2022/23
FUND BALANCE ALLOCATION:
Adopted FY22-23 Amended FY22-23
Fund Title Fund-Account Number Budget Amendment Fund Balance Fund Balance
CW TRAFFIC MITIGATION FUND 2002-000-00000-33990 $ (5,688,798.00) 20,581,624.00 14,892,826.00
Total $ (5,688,798.00) 20,581,624.00 14,892,826.00
EXPENDITURES BUDGET ALLOCATION:
Adopted FY22-23 Amended FY22-23
Fund Title Fund-Account Number Budget Amendment Budget Budget
PRINCETON AVENUE WIDENING PROJECT 2002-311-00020-55200 $ 5,688,798.00 $ 527,565.00 $ 6,216,363.00
Total $ 5,688,798.00 $ • 527,565.00 S 6,216,363.00
Resolution No. 2022-4133
Page 5
EXHIBIT C(SECTION 3)
BUDGET AMENDMENT FOR
REALLOCATION OF AMERICAN RESCUE PLAN ACT FUNDS TO NEW CITY HALL(C0070)
FY 2021/22
FUND BALANCE ALLOCATION:
FY2021-22 Transfer Adopted FY22-23 Amended FY22-23
Title Fund-Account Number (Out)/In Fund Balance Fund Balance
AMERICAN RESCUE PLAN ACT 2800-000-00000-33990 (2,012,870.00) 3,012,870.00 1,000,000.00
CITY HALL IMPROVEMENT FUND BALANCE 3001-000-00000-33990 2,012,870.00 (1,331,005.00) 681,865.00
Total $ - $ 1,681,865.00 $ 1,681,865.00
EXPENDITURES REALLOCATION:
FY2021-22 Transfer Adopted FY22-23 Amended FY22-23
Title Fund-Account Number (Out)/In Budget Budget
CITY HALL IMPROVEMENT--ACQUISITION 2800-120-00070-55210 $ 2,012,870.00 $ - $ -
CITY HALL IMPROVEMENT--ACQUISITION 3001-120-00070-55210 $ (2,012,870.00) $ 169,548.00 $ 169,548.00
Total $ - $ 169,548.00 $ 169,548.00
Resolution No. 2022-4133
Page 6
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. 2022-4133 was adopted by
the City Council of the City of Moorpark at a regular meeting held on the 21st day of
September, 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 22nd day of September,
2022.
Ky Span er, ity rk
(seal)
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