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HomeMy WebLinkAboutRES CC 1998 1552 1998 1202RESOLUTION NO. 98 -1552 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, APPROVING A BUDGET AMENDMENT TO THE FISCAL YEAR 1998 /99 ADOPTED BUDGET TO ADJUST THE FUNDING FOR THE PEACH HILL WIDENING PROJECT [FUND 211.900 AND FUND 240] WHEREAS, on July 17, 1998, the City Council adopted the Budget for Fiscal Year 1998/99; and, WHEREAS, a staff report has been presented to the City Council requesting a change to the funding source for the subject project from the Gas tax Fund [Fund 2401 to the Spring Road / Tierra Rejada Road AOC Fund [Fund 211.9001; and, WHEREAS, said staff report also requests approval of an adjustment to the approved Budget amount for the Peach Hill Widening Project for FY 1998/99 for a net decrease of $36,847; and, WHEREAS, Exhibit "A," attached hereto and made a part hereof, describes said changes to the funding source and budget amount, as well as the resultant impacts to the budget line item(s); and, WHEREAS, said staff report also requests a reimbursement of FY 1997/98 project design costs from the aforesaid Fund 211.900 to Fund 240, in the amount of $8,514; and, WHEREAS, Exhibit "B," attached hereto and made a part hereof, describes said reimbursement. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. That an adjustment to the FY 1998/99 Budget, for an aggregate decrease of $36,847 as more particularly described in Exhibit "A," is hereby approved. SECTION 2. That a reimbursement of prior year Gas Tax Fund [Fund 2401 expenditures from the Spring Road / Tierra Rejada Road AOC Fund [Fund 211.9001, in the amount of $8,514 as more particularly described in Exhibit "B," is hereby approved. Resolution No. 98 -1552 Page 2 PASSED AND ADOPTED this 2nd day of ATTEST: Deborah S. Traffensf4dt, City Clerk Resolution No. 98 -1552 Page 3 Exhibit "A" ADJUSTED APPROPRIATIONS FOR PROJECT 8030 (Peach Hill Road Widening) FUND ACCOUNT NUMBER APPROPRIATION TO ACCOUNT NUMBER ACTUAL APPROPRIATION REQUEST BUDGET Spring Road / Tierra 211.900.0000.000.5100 $81,000.00 400.801.8030.000.3992 Rejada Road AOC Fund IN / (OUT) $(5,486) Spring Road / Reserve $(117,847.00) $117, 847.00 $0 Gas Tax Fund Reserve 240.000.0000.000.5100 $(117,847.00) 400.801.8001.000.3992 TOTAL TRANSFERS Road AOC Fund $(36,847.00) FROM RESERVES: $12,000 Gas Tax 240 801.8030.000.9801 SUMMARY OF TRANSFERS IN / (OUT) BY FUND FUND ACCOUNT NUMBER CURRENT REQUESTED ACTUAL APPROPRIATION (All To Be Applied to BUDGET CHANGED EXPENDITURES / (REDUCTION) #400.801.8030.xxx.xxxx) IN / (OUT) IN / (OUT) $(5,486) Spring Road / 211.900.8030.000.9801 $(117,847.00) $117, 847.00 $0 Tierra Rejada $100,000 $(27,000) $73,000 Construction Road AOC Fund 400.801.8030.808.9102 $12,000 Gas Tax 240 801.8030.000.9801 $0 $(81,000.00) $(81,000.00) Total $(117,847.00) $36,847.00 1 $(81,000.00) DISTRIBUTION OF APPROPRIATIONS TO EXPENSE ACCOUNT NUMBERS ACCOUNT CURRENT SUBJECT REVISED NUMBER APPROPRIATION APPROPRIATION APPROPRIATION / (REDUCTION) 400.801.8030.802.9102 $5,486 $(5,486) $0 Design 400.801.8030.804.9903 $100,000 $(27,000) $73,000 Construction 400.801.8030.808.9102 $12,000 $(4,000) $8,000 TOTALS: $117,486 $(36,486) $81,000 Resolution No. 98 -1552 Page 4 Exhibit "B" ADDITIONAL APPROPRIATION FOR A FUND TRANSFER FOR THE REIMBURSEMENT OF PRIOR YEAR EXPENDITURES FOR PROJECT 8030 (Peach Hill Widening) FROM TO ACCOUNT NUMBER AMOUNT FUND (OUT) / IN From: 211.900.0000.000.5100 $(8,514) Fund 211.900: Spring Road / Tierra Rejada Road AOC Fund Reserve TO: 240.000.0000.000.5100 $8,514 Fund 240: Gas Tax Fund Reserve TOTAL: $ Resolution No. 98 -1552 Page 5 STATE OF CALIFORNIA ) COUNTY OF VENTURA ) SS. CITY OF MOORPARK ) I, Deborah S. Traffenstedt, City Clerk of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 98 -1552 was adopted by the City Council of the City of Moorpark at a meeting held on the 2nd day of December, 1998, and that the same was adopted by the following vote: AYES: Councilmembers Evans, Harper, Rodgers, Wozniak and Mayor Hunter NOES: None ABSENT: None ABSTAIN: None WITNESS my hand and the official seal of said City this 14th day of December, 1998. Deborah S. Traffenste t, City Clerk (seal)