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HomeMy WebLinkAboutRES CC 2005 2404 2005 1005RESOLUTION NO. 2005 -2404 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FY 2005/06 BUDGET TO REVISE THE AMOUNTS OF THE APPROPRIATIONS AND BUDGET FOR PROJECT 8041: CORPORATION YARD [ENDOWMENT FUND (FUND 2800)] WHEREAS, on June 15, 2005, the City Council adopted the Budget for Fiscal Year 2005/06; and WHEREAS, a staff report has been presented to the City Council requesting approval of a budget increase in the aggregate amount of $1,996,200; and WHEREAS, Exhibit "A ", attached hereto and made a part hereof, describes said budget amendment and the 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. That a Budget n m t in the aggregate increase of $1,996,200, as more parti 1arly de ed Exhibit "A", is hereby approved. `� SECTION 3. The City Clerk 7-r 1 ce tify to e option of this resolution and shall cause a tifi d resol i n be filed in the book of original resolutio PASSED AND ADOPTED this 5th day of Vb;j, 2 0051 ATTEST: Deborah S. Traffenstedt, City Cler Attachment: Exhibit 'A': Budget Amendment Detail Resolution No. 2005 -2404 Page 2 Exhibit "A" Revised Appropriations & Budget For Project 8041: Corporation Yard A. Fund Allocation Fund 'Account Number Amount' Endowment Fund 2800.5500 $1,996,200 0 $1,996,200_ B. FY 05/06 Budget Re- Cap " Current Subject; Revised` FY 05/06 Appropriation FY 05/06' Account Number Budget / (Reduction)~ Budget; 2800.8310.8041.xxxx $ 4,494,788 $1,996,200 $6,490,988 0 0 _ 0 $ 4,494,788 $1,996,200 $6,490,988; C. Total Appropriations Re Cap Revised Prior FY 05/06 Years' Total ;Account Number Budget Costs ($) Appropriations 2800.8310.8041.xxxx S 6,490,988'$ 735,005 $ 7,225,993 2904.83108041.xxxx $ 0 $ 521,000 $ 521,000 $ 6,490,988 '$ 1,256,0- $ 7,746,993 D. Distribution of Appropriations to Expense Accounts Current' Revised: FY 05/06 Appropriation. FY 05/06; Account Number Budget / (Reduction) Budget ' .2800.8310.8041.9601: Deign $.. 131,948 s $ 0 $ 131,948 2800.8310.8041.9620: _ Contt 1 $4, 180, 000 $1, 916, 200 $6, 096, 200 2800. 8310.8041. 9650: _ Ins- P- • -- $ 182,840 $ 80,000 $ - 262,840: Total Project4 54,994,788: $1,996,200 $6,490,988 Resolution No. 2005 -2404 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. 2005 -2404 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 5th day of October, 2005, 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 14th day of October, 2005. Deborah S. Traffensted City Clerk (seal)