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HomeMy WebLinkAboutRES CC 1998 1546 1998 1118RESOLUTION NO. 98 -1546 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 1998 SLURRY SEAL PROJECT [FUND 204, FUND 203 AND FUND 100] WHEREAS, on June 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 budget amendment for a net reduction in the aggregate amount of $69, 994 ; and, WHEREAS, Exhibit "A," attached hereto and made a part hereof, describes said budget amendment and its resultant impacts to the budget line item(s) and projected year end-fund balance(s). NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. That an amendment to the FY 1998/99 Budget amount for the 1998 Slurry Seal Project, as well as the appropriations for said project, is hereby approved for a net reduction in the amount of $69,994, as more particularly described in the aforesaid Exhibit "A," is hereby approved. PASSED AND ADOPTED this 18tlday of November, 1998. ar ick Hunter, Mayor ATTEST: Resolution No. 98 -1546 Page 2 Exhibit A ADDITIONAL APPROPRIATIONS FOR PROJECT 8037 (SLURRY SEAL) FUND ACCOUNT NUMBER APPROPRIATION TO ACCOUNT NUMBER ACTUAL EXPENDITURES General Fund REQUEST $0 General Fund 100.000.0000.000.5100 $5,034.00 400.801.8037.000.3992 Reserve $81,950 $(263,890) Transit Transit Fund 204.000.0000.000.5100 $6,922.00 400.801.8037.000.3992 Reserve $301,509 $(345,840) $69, 994 TOTAL TRANSFERS $11,956.00 FROM RESERVES: $44,331 $(2,501) $41,830 SUMMARY OF TRANSFERS IN / (OUT) BY FUND FUND ACCOUNT NUMBER (All To Be Applied to $400.801.8037.xxx.xxxx) CURRENT BUDGET REQUESTED CHANGED ( + / -) ACTUAL EXPENDITURES General Fund 100.801.8037.000.9801 $0 $(5,034) $(5,034) LTF 203.801.8037.000.9801 $(345,840) $81,950 $(263,890) Transit 204.201.8037.000.9801 $0 $(6,922) $(6,922) Total $301,509 $(345,840) $69, 994 $(275,846) DISTRIBUTION OF APPROPRIATIONS TO EXPENSE ACCOUNT NUMBERS ACCOUNT CURRENT SUBJECT REVISED NUMBER APPROPRIATION APPROPRIATION / APPROPRIATION (REDUCTION) 400.801.8037.802.9102 $0 $0 $0 Design 400.801.8037.804.9903 $301,509 $(67,493) $234,016 Construction 400.801.8037.808.9102 $44,331 $(2,501) $41,830 TOTALS: $345,840 $(69,994) $275,846 Resolution No. 98 -1546 Page 3 STATE OF CALIFORNIA ) COUNTY OF VENTURA ) ss. CITY OF MOORPARK ) I, Deborah S. Traffenstedt, City Clerk of the California, do hereby certify under penalty of foregoing Resolution No. 98 -1546 was adopted by of the City of Moorpark at a meeting held on November, 1998, and that the same was adopted vote: �ity of Moorpark, perjury that the the City Council the 11th day of by the following AYES: Councilmembers Evans, Perez, Teasley, Wozniak and Mayor Hunter NOES: None ABSENT: None ABSTAIN: None WITNESS my hand and the official seal of said City this 24th day of November, 1998. Deborah S. Traffenstiddt, City Clerk (seal)