HomeMy WebLinkAboutRES CC 2008 2676 2008 0116RESOLUTION NO. 2008 -2676
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR
2007/08 BUDGET TO APPROVE CERTAIN APPROPRIATIONS
AND FUND TRANSFERS FROM THE GENERAL FUND
RESERVES [FUND 1000] AND THE GAS TAX FUND
RESERVES [FUND 2605] REQUIRED TO FUND FISCAL YEAR
2006/07 YEAR -END DEFICITS FOR CERTAIN ASSESSMENT
DISTRICT FUNDS AS DEFINED HEREIN
WHEREAS, on June 20, 2007, the City Council adopted the Budget for Fiscal Year
2007/08; and
WHEREAS, a staff report has been presented to the City Council requesting a
budget decrease in the aggregate amount of ($51,179); and
WHEREAS, said staff report has been presented to the City Council requesting
fund transfer in the aggregate amount of $151,203; and
WHEREAS, said staff report discusses that the FY 07/08 Budget includes funds to
cover the FY 06/07 year end deficits for certain Lighting and Landscape Districts; 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).
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES
HEREBY RESOLVE AS FOLLOWS:
SECTION 1. That a Budget Amendment in the aggregate decrease of ($51,179),
as more particularly described in Exhibit "A ", is hereby approved.
SECTION 2. That a fund transfer in the aggregate amount of $151,203 as
particularly described in Exhibit "A ", is he roved.
SECTION 3. The City C rk shall certify to a adoption this re lution and
shall cause a certified resolution o be filed in the book o original re of tions.
PASSED AND ADOPTJED this 16th day of Januar}, 200
ATTEST:
Maureen Benson, Assistant City Clerk
Attachment: Exhibit "A ": Budget Appropriation and Fund Transfer Detail
Resolution No. 2008 -2676
Page 2
Exhibit "A"
Budget Appropriation and Fund Transfers
Required to Fund FY 06/07 Year -End Deficits
In Certain Assessment District Funds
A. Fund Allocation
Fund No.
Fund Description
Amount
1000
General Fund
59,614
2605
Gas Tax Fund
110,794
$15,987
Total
51,179
B. Fiscal Year 2007/08 Budget Appropriation
Budget Number
Adopted Budget
Bud et Chan a
Revised Budget
FROM:
Fund 2605
Fund 1000
Total
1000- 7900 - 000 -9820
$15,987
59,614
$75,601
2605 - 7900 - 000 -9820
$186,395
110, 794
$75,601
Total
$202,382
51,179
$151,203
Total
$75,601
$75,601
1 $151,203
TO:
2300 -3720 (Lighting)
$47,280
47,280
$0
2300 -3720 (Landscaping)
$123,127
4,390
$118,737
2305 -3720
$10,662
951
$11,613
2310 -3720
$21,313
461
$20,852
Total
$202,382
51,179
$151,203
C. Appropriation Allocation
To Be Transferred to:
From
From
Fund
Fund 2605
Fund 1000
Total
2300 -3720
$59,369
$59,369
$118,737
2305 -3720
$5,807
$5,807
$11,613
2310 -3720
$10,426
$10,426
$20,852
Total
$75,601
$75,601
1 $151,203
Resolution No. 2008 -2676
Page 3
STATE OF CALIFORNIA )
COUNTY OF VENTURA ) ss.
CITY OF MOORPARK )
I, Maureen Benson, Assistant City Clerk of the City of Moorpark, California, do
hereby certify under penalty of perjury that the foregoing Resolution No. 2008 -2676 was
adopted by the City Council of the City of Moorpark at a regular meeting held on the
16th day of January, 2008, and that the same was adopted by the following vote:
AYES: Councilmembers Mikos, Millhouse, Parvin, Van Dam, and Mayor
Hunter
NOES: None
ABSENT: None
ABSTAIN: None
WITNESS my hand and the official seal of said City this 30th day of January,
Maureen Benson, Assistant City Clerk
(seal)