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HomeMy WebLinkAboutRES CC 2024 4269 2024 0904 RESOLUTION NO. 2024-4269 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, TO AMEND THE FISCAL YEAR (FY) 2023/24 CAPITAL IMPROVEMENT PROGRAM BUDGET TO TRANSFER $5,688,798 OF PREVIOUSLY APPROPRIATED ARPA FUND MONIES FROM THE NEW MOORPARK CITY LIBRARY PROJECT AND $799,500 FROM UNAPPROPRIATED ARPA FUND MONIES TO THE NEW CITY HALL PROJECT TOTALING $6,488,298; AND AMEND THE FY 2024/25 OPERATING BUDGET TO TRANSFER $80,000 OF PREVIOUSLY APPROPRIATED ARPA FUND MONIES FROM THE STORM DRAIN CATCH BASINS PROJECT AND $40,000 FROM UNAPPROPRIATED ARPA FUND MONIES TO THE MS4 OUTFALL SCREENING PROJECT TOTALING $120,000 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 21, 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 new Moorpark City Library, and to appropriate $2,012,876 toward the new City Hall acquisition; and WHEREAS, on March 1, 2023, the City Council adopted Resolution No. 2023- 4163 to appropriate $70,000 toward Scholarships for City Programs and $80,000 toward Storm Drain Catch Basins; and WHEREAS, on September 6, 2023, the City Council adopted Resolution No. 2023- 4201 to appropriate $10,500 toward Cope Notes Mental Health Text Messaging Services; and WHEREAS, on June 19, 2024, the City Council adopted the Operating and Capital Improvement Budget for FY 2024/25; and WHEREAS, the City Council now desires to amend Resolution No. 2022-4133 to reallocate $5,688,798 of ARPA monies within the existing Fund Balance of ARPA Fund (2800) from the new Moorpark City Library Project (C0056) to the new City Hall project (C0070); and WHEREAS, the City Council now desires to appropriate $799,500 from the ARPA Fund Balance to expenditures associated with the new City Hall Project (C0070); and Resolution No. 2024-4269 Page 2 WHEREAS, the City Council now desires to amend Resolution No. 2023-4163 to reallocate $80,000 of ARPA monies within the existing Fund Balance of ARPA Fund (2800) from the Storm Drain Catch Basins Project to the MS4 Outfall Screening Project; and WHEREAS, the City Council now desires to appropriate $40,000 from the ARPA Fund Balance to expenditures associated with the MS4 Outfall Screening Project; 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 $6,488,298 and $120,000 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 4th day of September, 2024. Chris R. Enegr , or • ATTEST: •4:0' ��,��� lla rit ON Ky Span r, Cit rk .`v � 9,p,41111111110!°' pgT�DJVy{ Exhibit A — Budget Amendment Resolution No. 2024-4269 Page 3 EXHIBIT A BUDGET AMENDMENT FOR ARPA FUNDS ALLOCATION FY 2023/2024 FUND BALANCE ALLOCATION: Fund Title Fund-Account Number Amount ARPA FUND 2800-000-00000-33990 $ 799,500.00 Special Project Fund 3004-000-00000-33990 $ (799,500.00) Total $ - EXPENDITURE APPROPRIATION: Account Number Current Budget Revision Amended Budget 2800-120-00070-55400 $ - $ 6,488,298.00 $ 6,488,298.00 3004-120-00070-55400 $ 6,920,750.00 $ (6,488,298.00) $ 432,452.00 2800-171-00056-55200 $ 5,688,798.00 $ (5,688,798.00) $ - 3004-171-00056-55200 $ - $ 5,688,798.00 $ 5,688,798.00 $Total $ 12,609,548.00 $ - $ 12,609,548.00 FUND TRANSFER ALLOCATION Account Name Account Number Amount CH at 323 Science Dr-Constr Bldg (ARPA Fund) 2800-120-00070-55400 $ 5,617,416.68 CH at 323 Science Dr-Constr Bldg (Special Proj Fund) 3004-120-00070-55400 $ (5,617,416.68) Total I $ - Resolution No. 2024-4269 Page 4 EXHIBIT A BUDGET AMENDMENT FOR ARPA FUNDS ALLOCATION FY 2024/2025 FUND BALANCE ALLOCATION: Fund Title Fund-Account Number Amount ARPA FUND 2800-000-00000-33990 $ 40,000.00 Total $ 40,000.00 EXPENDITURE APPROPRIATION: Account Number Current Budget Revision Amended Budget 2800-231-P0007-51000 $ 80,000.00 $ 40,000.00 $ 120,000.00 $ Total $ 80,000.00 $ 40,000.00 $ 120,000.00 FUND TRANSFER ALLOCATION Account Name Account Number Amount Total $ Resolution No. 2024-4269 Page 5 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. 2024-4269 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 4th day of September, 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 5th day of September, 2024. Ky Spa ler, Cit erk (seal) s, 1 K c O�4<� imlopre-e JU.