Loading...
HomeMy WebLinkAboutAGENDA REPORT 2023 0301 CCSA REG ITEM 09D SUPPLEMENTAL REPORT MOORPARK CITY COUNCIL SUPPLEMENTAL AGENDA REPORT TO: Honorable City Council FROM: Brian Chong, Assistant to the City Manager DATE: 03/01/2023 Regular Meeting SUBJECT: Consider Resolution Amending the Fiscal Year (FY) 2022/23 Budget to Allocate the American Rescue Plan Act of 2021 (ARPA) Funds to Various Programs and as General Fund Revenue Replacement Subsequent to the preparation of the staff report, staff found that an incorrect dollar amount was included in the title of the draft resolution. An updated draft resolution, correcting the title, is attached. Attachment Item: 9.D. SUPPLEMENTAL RESOLUTION NO. 2023-____ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, TO AMEND THE FISCAL YEAR (FY) 2022/23 BUDGET TO APPROPRIATE $150,000 FROM THE ARPA FUND (2800) FOR VARIOUS PROJECTS/PROGRAMS 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 as Revenue Replacement; 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 Improvement Project; and WHEREAS, on September 22, 2022, the City Council adopted Resolution No. 2022-4133, to reallocate the previously-appropriated $5,688,798 from the Princeton Avenue Improvement Project to the Moorpark City Library, and to appropriate $2,012,876 toward the new City Hall acquisition; and WHEREAS, on June 15, 2022, the City Council adopted the Operating and Capital Improvement Budget for FY 2022/23; and WHEREAS, the City Council now desires to appropriate a portion of the remaining $1,000,000 in the ARPA Fund (2800) toward a scholarship program for the Little Learners Academy Preschool, the Moorpark Active Adult Center, the Moorpark City Library, and other recreational programming ($70,000); and toward catch basin trash control devices ($80,000); and WHEREAS, Exhibit A hereof describes the above budget amendment. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. A Budget Amendment to appropriate $150,000 from the ARPA Fund (2800), as more particularly described in Exhibit A, attached hereto, is hereby approved. SECTION 2. The City Clerk shall certify to the adoption of this resolution and shall cause a certified resolution to be filed in the book of original resolutions. PASSED AND ADOPTED this 1st day of March, 2023. ________________________________ Chris R. Enegren, Mayor ATTACHMENT Resolution No. 2023-___ Page 2 ATTEST: ___________________________________ Ky Spangler, City Clerk Exhibit A – Budget Amendment Resolution No. 2023-___ Page 3 FUND BALANCE ALLOCATION: Fund-Account Number Amount 2800-000-00000-33990 150,000.00$ Total 150,000.00$ EXPENDITURE APPROPRIATION: Account Number Current Budget Revision Amended Budget 6000-000-P0023-21190 -$ 70,000.00$ 70,000.00$ 1000-231-00000-51000 -$ 80,000.00$ 80,000.00$ Total -$ 150,000.00$ 150,000.00$ Fund Title ARPA FUND EXHIBIT A BUDGET AMENDMENT FOR ARPA FUNDS ALLOCATION FY 2022/2023