HomeMy WebLinkAboutRES CC 2024 4221 2024 0117 RESOLUTION NO. 2024-4221
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR
2023/24 BUDGET AND AUTHORIZING THE TRANSFER OF
GENERAL FUND (1000)AND THE GAS TAX FUND (2415) TO
COVER FISCAL YEAR 2022/23 YEAR-END DEFICITS FOR
CERTAIN LANDSCAPING AND LIGHTING ASSESSMENT
DISTRICT FUNDS
WHEREAS, on June 7, 2023, the City Council adopted Resolution No. 2023-4178
approving the Engineer's Report; confirming diagram and assessment; and ordering the
continuation of assessments for fiscal year (FY) 2023/24 for the City Landscaping and
Lighting Maintenance and Assessment Districts (AD); and
WHEREAS, on June 21 , 2023, the City Council adopted Resolution No. 2023-4184
approving the Operating and Capital Improvement Budget for FY 2023/24, which includes
an aggregate of $230,962 transfers from the General Fund to cover the estimated
FY 2022/23 deficits in certain AD funds; and
WHEREAS, a staff report has been presented to the City Council summarizing the
actual FY 2022/23 fund deficits of$150,225.97 in various AD funds; and the same report
is recommending a net appropriation totaling $80,736.03 be made by reducing General
Fund transfers already budgeted by ($40,368.00) and by ($40,368.03) 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 $150,225.97 from the General Fund
($75,113.00) and Gas Tax Fund ($75,112.97); 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 decreases of $150,225.97 in
General Fund ($75,113.00) and in Gas Tax Fund ($75,112.97) to eliminate the FY
2022/23 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 $150,225.97 as
particularly described in Exhibit "A", is hereby approved.
SECTION 3. The City Clerk shall certify to the adoption of this resolution and
shall cause a certified resolution to be filed in the book of original resolutions.
Resolution No. 2024-4221
Page 2
PASSED AND ADOPTED this 17th day of January, 2024.
Chris R. En gr , Mayor
6Jo0c$ARq<p
ATTEST: �` � -„,
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Ky Span , C ler
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Attachment: Exhibit "A" - Budget Amendment and Fund Transfer Detail
Resolution No. 2024-4221
Page 3
EXHIBIT A
Budget Amendment for
General Fund and Gas Tax Fund to Adjust Transfers
Required to Fund FY 2022/23 Year-End Deficits in Certain
Landscaping and Lighting Assessment District Funds
FY 2023/24
A. FUND ALLOCATION:
Fund Title Fund-Account Number Amount
General Fund 1000-000-00000-33990 S (75,113.00)
Gas Tax Fund 2415-000-00000-33990 S (75,112.97)
Total $ (150,225.97)
B. FISCAL YEAR 2023/24 BUDGET APPROPRIATION:
Account Number Current Budget Revision Amended Budget
FROM:
1000-312-00000-59010 $ - $ - $ -
1000-542-00000-59010 $ 115,481.00 $ (75,113.00) $ 40,368.00
2415-312-00000-59010 $ - $ $ -
2415-542-00000-59010 $ 115,481.00 $ (75,112.97) $ 40,368.03
Total $ 230,962.00 $ (150,225.97) $ 80,736.03
TO:
2300-000-00000-49010(Lighting) $ - $
2300-000-00000-49010(Landscaping) $ (125,253.00) $ 85,841.09 $ (39,411.91)
2301-000-00000-49010 $ (14,954.00) $ 11,662.80 $ (3,291.20)
2303-000-00000-49010 $ (687.00) $ 100.13 $ (586.87)
2305-000-00000-49010 $ (58,629.00) $ 40,527.19 $ (18,101.81)
2306-000-00000-49010 $ (892.00) $ - $ (892.00)
2308-000-00000-49010 $ (15,463.00) $ 6,004.57 $ (9,458.43)
2309-000-00000-49010 $ (6,137.00) $ 3,806.88 $ (2,330.12)
2314-000-00000-49010 $ (8,947.00) $ 2,283.31 $ (6,663.69)
Total $ (230,962.00) $ 150,225.97 $ (80,736.03)
{ 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) $ 42,920.55 _ $ 42,920.54 $ 85,841.09
2301-000-00000-49010 $ 5,831.40 _ $ 5,831.40 $ 11,662.80
2303-000-00000-49010 $ 50.06 . $ 50.07 $ 100.13
2305-000-00000-49010 $ 20,263.60 _ $ 20,263.59 $ 40,527.19
2308-000-00000-49010 $ 3,002.29 $ 3,002.28 $ 6,004.57
2309-000-00000-49010 $ 1,903.44 $ 1,903.44 $ 3,806.88
2314-000-00000-49010 $ 1,141.66 $ 1,141.65 $ 2,283.31
Total $ 75,113.00 $ 75,112.97 $ 150,225.97
Resolution No. 2024-4221
Page 4
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. 2024-4221 was adopted by the
City Council of the City of Moorpark at a regular meeting held on the 17th day of January,
2024, 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 18th day of January, 2024.
Ky Sp gl , Cit Ierk
(seal)
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