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HomeMy WebLinkAboutRES CC 2023 4200 2023 0906 RESOLUTION NO. 2023-4200 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2023/24 BUDGET TO APPROPRIATE $102,265 FROM THE CITY GENERAL FUND (1000) FOR THE DEVELOPMENT OF AN ECONOMIC DEVELOPMENT STRATEGIC PLAN WHEREAS, on June 15, 2022, the City Council adopted the Operating and Capital Improvement Budget for Fiscal Year 2023/24 on June 21, 2023; and WHEREAS, a staff report has been presented to the City Council requesting approval of an agreement for PFM Group Consulting, LLC for the development of an Economic Development Strategic Plan in the total amount of one hundred twenty-seven thousand two hundred sixty-five dollars ($127,265), which includes a 10 percent contingency of$11,570; and WHEREAS, $25,000 has already been budgeted in Fiscal Year 2023/24 to develop an Economic Development Strategic Plan and a budget amendment in the amount of $102,265 from the General Fund (1000) is needed to fund the remaining cost of the services; and WHEREAS, Exhibit "A" hereof describes said budget amendment and its resultant impact to the budget line items. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. A budget amendment of $102,265 from the General Fund (1000) for professional services for the development of an Economic Development Strategic Plan 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 6th day of September, 2023. Chris R. En::ren, ayor ATTEST: 4P°' 4 4c.: 01 %VOW I-1, Ky S gl r, Ci lerk o Attachment: Exhibit "A" — Budget Amendment Resolution No. 2023-4200 Page 2 EXHIBIT "A" BUDGET AMENDMENT FOR CITY GENERAL FUND (1000) DEVELOPMENT OF ECONOMIC DEVELOPMENT STRATEGIC PLAN FY 2023/24 FUND BALANCE ALLOCATION: Fund Title Fund Account Number Amount General Fund 1000-000-00000-33990 $ 102,265.00 Total $ 102,265.00 EXPENDITURE APPROPRIATION: Account Number Current Budget Revision Amended Budget 1000-611-00000-51000 $ 48,840.00 $ 102,265.00 $ 151,105.00 Total $ 48,840.00 $ 102,265.00 $ 151,105.00 Resolution No. 2023-4200 Page 3 STATE OF CALIFORNIA COUNTY OF VENTURA ) ss. CITY OF MOORPARK CERTIFICATION I, Ky Spangler, City Clerk of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 2023-4200 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 6th day of September, 2023, and that the same was adopted by the following vote: AYES: Councilmembers Castro, Delgado, Groff, Means, and Mayor Enegren NOES: None ABSENT: None ABSTAIN: None WITNESS my hand and the official seal of said City this 7th day of September, 2023. Ky Span I r, ity rk (seal) CA& IIIIPIPVAimirL ittlOW4i 1.1. tar