HomeMy WebLinkAboutRES CC 2003 2060 2003 0319RESOLUTION NO. 2003 -2060
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF MOORPARK, CALIFORNIA, AMENDING THE FY
2002/03 BUDGET BY TRANSFERRING $180,000 FROM
THE COMMUNITY PARK IMPROVEMENT ZONE RESERVE
FUND (2100) AND $590,000 FROM THE GENERAL FUND
RESERVE BALANCE TO THE AVCP PHASE II PROJECT
(2100.7800.7022.9630)
WHEREAS, on June 5, 2002, the City Council adopted the
operating budget for Fiscal Year 2002/03; and
WHEREAS, a staff report has been presented to said Council
requesting a budget amendment by transferring $180,000 from the
Community Park Improvement Fund Reserve balance and $590,000
from the General Fund Reserve Balance for the construction of
AVCP Phase II; and
WHEREAS, Exhibit "A" hereof describes said budget amendment
and its resultant impacts to the budget line item(s).
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK
DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. A budget amendment allocating $180,000 from the
Community Park Improvement Fund Reserve and $590,000 from the
General Fund Reserve as more particularly described in Exhibit
"A" attached hereto is hereby approved.
SECTION 2. The City Clerk shal�erti y to the adoption of
the resolution and shall cause a% certifi d resolution to be
filed in the book of original Resolutions.
PASSED AND ADOPTED this 191n day of Drarch,
r, Mayor
ATTEST:
i S, I
Deborah S. Traffenste , City Cler
Attachment: Exhibit "A "- Budget Revision
Resolution No. 2003 -2060
Page 2
EXHIBIT A
Budget Revision
A. Fund Allocation:
Fund No.
Fund Name
Amount
2100.5500
Community Zone Park Improvement Fund
$180,000
1000.5500
General Fund Reserved Balance - Loan
$590,000
B. Budget Appropriation:
BUDGET NUMBER
BUDGETED
REVISION
NEW BUDGET
2100.7800.7022.9630
$1,500,000
$770,000
$2,270,000
Resolution No. 2003 -2060
Page 3
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. 2003 -2060 was adopted by the
City Council of the City of Moorpark at a regular meeting held
on the 19th day of March, 2003, and that the same was adopted by
the following vote:
AYES: Councilmembers Harper, Mikos, Millhouse, Parvin
and Mayor Hunter
NOES: None
ABSENT: None
ABSTAIN: None
WITNESS my hand and the official seal of said City this 18th
day of April, 2003.
S
Deborah S. Traffens t, City Clerk
(seal)