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HomeMy WebLinkAboutRES CC 2003 2094 2003 0604RESOLUTION NO. 2003 -2094 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FY 2002/03 BUDGET BY APPROPRIATING $150,000 FROM THE GENERAL FUND (1000 - 5500); $50,000 FROM THE TRAFFIC SYSTEM MANAGEMENT FUND (2001- 5500); $50,000 FROM THE CITY -WIDE TRAFFIC MITIGATION FUND (2002 -5500) AND $50,000 FROM THE REDEVELOPMENT AGENCY FUND (2902 -5500) TO THE COMMUNITY DEVELOPMENT FUND (2200 -5500) WHEREAS, on June 5, 2002, the City Council adopted the budget for Fiscal Year 2002/03; and WHEREAS, a deficit is projected in the Community Development Fund for Fiscal Year ending June 30, 2003; and WHEREAS, the Community Development Fund is entitled to be reimbursed from other Funds that it has served; and WHEREAS, Exhibit "A" hereof describes said necessary 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 appropriating $300,000 from the Funds listed above to the Community Development Fund 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 tifie resolution to be filed in the book of original resol ions. PASSED AND ADOPTED this 4th gray of June, 2her3 . rim r, Mayor ATTEST: Deborah S. TraffensrL!!�dt, City Clerk Attachment: Exhibit "A" - Budget Amendment Resolution No. 2003 -2094 Page 2 EXHIBIT A BUDGET AMENDMENT FOR COMMUNITY DEVELOPMENT FY 2002 -03 FUND ALLOCATION FROM: Fund Account Number Amount General 1000 -5500 $ 150,000.00 Traffic System Management 2001 -5500 $ 50,000.00 City-Wide Traffic Mitigation 2002 -5500 $ 50,000.00 Redevelopment Agency 2902 -5500 $ 50,000.00 Total 50,000.00 $ 300,000.00 DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS: Account Number Current Budget Revision Revision Amended Budget 1000 - 6100 - 0000 -9820 $ - $ 150,000.00 $ 150,000.00 2001 - 6100 - 0000 -9820 $ - $ 50,000.00 $ 50,000.00 2002- 6100 - 0000 -9820 $ - $ 50,000.00 $ 50,000.00 2902 - 6100 - 0000 -9820 $ - $ 50,000.00 $ 50,000.00 Total $ - $ 300,000.00 $ 300,000.00 DISTRIBUTION OF APPROPRIATION TO REVENUE ACCOUNTS: Account Number Current Budget Revision Amended Budget 2200 -3720 $ - $ 300,000.00 $ 300,000.00 Resolution No. 2003 -2094 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 -2094 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 4th day of June, 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 20th day of June, 2003. Deborah S. Traffenst t, City Clerk (seal)