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HomeMy WebLinkAboutRES CC 2024 4270 2024 0904 RESOLUTION NO. 2024-4270 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2024/25 OPERATING AND CAPITAL IMPROVEMENT BUDGET TO INCREASE APPROPRIATIONS FOR FISCAL YEAR (FY) 2023/24 PURCHASE ORDER CARRY OVER WHEREAS, on June 19, 2024, the City Council adopted the Operating and Capital Improvement Budget for FY 2024/25; and WHEREAS, a staff report has been presented to the Council requesting approval of the budget amendment generated by the FY 2023/24 Purchase Order carry over process completed on August 13, 2024, which resulted in an aggregate increase in appropriations of $753,951.70; and WHEREAS, the Purchase Order carry over impacted various funds including, the General Fund (1000), Community Wide Park Development (2010), City Affordable Housing (2121), Engineering PW Fund (2205), Meridian Hills (2320), Park Maintenance District (2390), Local Transit Programs 8c (2414), City Hall Improvement Fund (3001), PEG Capital Fund (3006), Vehicle Replacement Fund (3009), and Internal Services Fund (9000); and WHEREAS, Exhibit "A" 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 . A budget amendment appropriating and encumbering $753,951.70 for FY 2023/24 Purchase Order carried over to FY 2024/25 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. En ren, ayor ATTEST: '47 '>I KySan -r, Cit rk .� �� � ljii �� Attachment: Exhibit "A" — Budget Amendment ` 4 Resolution No. 2024-4270 Page 2 EXHIBIT A BUDGET AMENDMENT to Various City Funds for Fiscal Year 2023/24 Purchase Order Encumbrances Carried Over to Fiscal Year 2024/25 Fiscal Year 2024/25 FUND ALLOCATION FROM: Fund Account Number Amount General Fund 1000-000-00000-33990 $ 27,844.82 Communitywide Park Devt 2010-000-00000-33990 81,190.79 City Affordable Housing 2121-000-00000-33990 24,628.75 Engineering PW Fund 2205-000-00000-33990 19,070.00 Meridian Hills 2320-000-00000-33990 17,055.32 Park Maintenance District 2390-000-00000-33990 12,474.01 Local TDA Article 8C 2414-000-00000-33990 32,135.40 City Hall Improvement 3001-000-00000-33990 397,995.59 PEG Capital 3006-000-00000-33990 10,441.80 Vehicle Replacement 3009-000-00000-33990 90,928.23 Internal Services 9000-000-00000-33990 40,186.99 $ 753,951.70 DISTRIBUTION OF APPROPRIATION TO EXPENDITURE ACCOUNTS: Budget Account Current Budget Adjustment Adjusted Budget 1000-133-E0053-52000 $ 34,091.00 $ 15,083.15 $ 49,174.15 1000-171-L0005-51000 1,920.00 12,761.67 14,681.67 2010-541-E0078-51000 - 81,190.79 81,190.79 2121-422-00000-51000 10,500.00 24,628.75 35,128.75 2205-223-00000-51000 65,000.00 19,070.00 84,070.00 2320-542-P0004-53000 48,000.00 17,055.32 65,055.32 2390-541-R0010-53000 20,083.24 12,474.01 32,557.25 2414-430-P0010-51000 250,000.00 4,287.97 254,287.97 2414-430-P 0011-51000 1,377,600.00 13,353.06 1,390,953.06 2414-430-P0011-54020 75,000.00 14,494.37 89,494.37 3001-120-00070-55010 - 397,995.59 397,995.59 3006-134-00000-52050 - 10,441.80 10,441.80 3009-310-00000-55020 - 59,498.98 59,498.98 3009-542-00000-55020 - 31,429.25 31,429.25 9000-134-00000-51000 467,651.00 40,186.99 507,837.99 $ 2,349,845.24 $ 753,951.70 $ 3,103,796.94 Resolution No. 2024-4270 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. 2024-4270 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. ( Sr Ky Span I r, fiti\t%T.IK (seal) 090,01,00,414 •�I Wei k CAI/ V141�j►�