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HomeMy WebLinkAboutRES CC 2023 4164 2023 0301 RESOLUTION NO. 2023-4164 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2022/23 BUDGET AND AUTHORIZING THE TRANSFER OF GENERAL FUND (1000) AND THE GAS TAX FUND (2415) TO COVER FISCAL YEAR 2021/22 YEAR-END DEFICITS FOR CERTAIN LANDSCAPING AND LIGHTING ASSESSMENT DISTRICT FUNDS WHEREAS, on June 1, 2022, the City Council adopted Resolution No. 2022-4098 approving the Engineer's Report; confirming diagram and assessment; and ordering the continuation of assessments for fiscal year (FY) 2022/23 for the City Landscaping and Lighting Maintenance and Assessment Districts (AD); and WHEREAS, on June 15, 2022, the City Council adopted Resolution No. 2022-4106 approving the Operating and Capital Improvement Budget for FY 2022/23, which includes an aggregate of $260,265 transfers from the General Fund to cover the estimated FY 2021/22 deficits in certain AD funds; and WHEREAS, a staff report has been presented to the City Council summarizing the actual FY 2021/22 fund deficits of $109,824.20 in various AD funds; and the same report is recommending a net appropriation totaling $54,912.12 be made by reducing General Fund transfers already budgeted by ($112,010.00) and budgeting a transfer of ($54,912.08) 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$109,824.20 from the General Fund ($54,912.12) and Gas Tax Fund ($54,912.08); 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 $150,440.80 in General Fund ($57,097.88) and in Gas Tax Fund ($93,342.92) to eliminate the FY 2021/22 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 $109,824.20 as particularly described in Exhibit "A", is hereby approved. Resolution No. 2023-4164 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 1st day of March, 2023. Chris R. Enegre , May Q�R C ®OP 1<i ATTEST: M � of •' -� 2'118($4' Ky Sp ler, Ci lerk • 0 J LP- Attachment: Exhibit "A" - Budget Amendment and Fund Transfer Detail Resolution No. 2023-4164 Page 3 EXHIBIT A Budget Amendment for General Fund and Gas Tax Fund to Adjust Transfers Required to Fund FY 2021/22 Year-End Deficits in Certain Landscaping and Lighting Assessment District Funds FY 2022/23 A FUND ALLOCATION: Fund Title Fund-Account Number Amount General Fund 1000-000-00000-33990 $ (57,097.88) Gas Tax Fund 2415-000-00000-33990 $ (93,342.92) Total $ (150,440.8U B. FISCAL YEAR 2021/22 BUDGET APPROPRIATION: Account Number Current Budget Revision Amended Budget FROM: 1000-542-00000-59010 $ 112,010.00 $ (57,097.88) $ 54,912.12 2415-312-00000-59010 $ 36,245.00 $ (36,245.00) $ - 2415-542-00000-59010 $ 112,010.00 $ (57,097.88) S 54,912.12 Total $ 260,265.00 $ (150,440.76) $ 109,824.24 TO: 2300-000-00000-49010 (Lighting) $ (60,784.00) $ 60,784.00 $ - 2300-000-00000-49010 (Landscaping) $ (91,074.00) $ 49,593.28 $ (41,480.72) 2301-000-00000-49010 $ (14,488.00) $ 6,564.15 $ (7,923.85) 2303-000-00000-49010 $ (2,760.00) $ 2,760.00 $ - 2305-000-00000-49010 $ (63,699.00) $ 16,308.21 $ (47,390.79) 2306-000-00000-49010 $ (1,056.00) $ 933.31 $ (122.69) 2308-000-00000-49010 $ (10,895.00) $ 4,753.01 $ (6,141.99) 2309-000-00000-49010 $ (5,796.00) $ 1,526.90 $ (4,269.10) 2314-000-00000-49010 $ (9,713.00) $ 7,217.89 $ (2,495.11) Total $ (220,063.42) $ 22,730.10 $ (109,824.25) C. APPROPRIATION ALLOCATION: Account Number From From To Be Transferred to Account Fund 1000 Fund 2415 Total 2300-000-00000-49010 (Lighting) $ - $ - $ - 2300-000-00000-49010 (Landscaping) $ 20,740.34 $ 20,740.34 $ 41,480.68 2301-000-00000-49010 $ 3,961.93 $ 3,961.93 $ 7,923.86 2305-000-00000-49010 $ 23,695.40 $ 23,695.40 $ 47,390.80 2306-000-00000-49010 $ 61.34 $ 61.34 $ 122.68 2308-000-00000-49010 $ 3,071.00 $ 3,071.00 $ 6,142.00 2309-000-00000-49010 $ 2,134.55 $ 2,134.55 $ 4,269.10 2314-000-00000-49010 $ 1,247.56 $ 1,247.56 $ 2,495.12 Total $ 54,912.12 $ 54,912.12 $ 109,824.24 Resolution No. 2023-4164 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. 2023-4164 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 1st day of March, 2023, and that the same was adopted by the following vote: AYES: Councilmembers Castro, Delgado, Means and Mayor Enegren NOES: None ABSENT: Councilmember Groff ABSTAIN: None WITNESS my hand and the official seal of said City this 2nd day of March, 2023. I Ky Sp n ler, Cit lerk (seal) I Al., y Al ,,4,7 1 t-T Jv