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HomeMy WebLinkAboutRES CC 2008 2757 2008 1015RESOLUTION NO. 2008 -2757 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2008/09 BUDGET TO INCREASE LOCAL TDA 8A FUND (2603), AND DECREASE LOCAL TDA 8C FUND (5000) DUE TO FISCAL YEAR 2008/09 TRANSPORTATION DEVELOPMENT ACT ALLOCATION WHEREAS, on July 2, 2008, the City Council adopted the budget for Fiscal Year 2008/09; and WHEREAS, the FY 2008/09 TDA Allocation is different from the Fiscal Year 2008/09 Budget adopted July 2, 2008; and WHEREAS, a staff report has been presented to said Council detailing the Fiscal Year 2008/09 Transportation Development Act Allocation and its effects on Local TDA 8A Fund 2603 and Local TDA 8C Fund 5000; and WHEREAS, Exhibit "A" hereof describes said budget amendment to Local TDA 8A Fund 2603 and its resultant impacts to the budget line item(s); and WHEREAS, Exhibit "B" hereof describes said budget amendment to Local TDA 8C Fund 5000 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 increasing the TDA 8A Fund (2603) $270,843 from $655,306 to $926,159 is hereby approved. SECTION 2. A budget $263,595 from $603,379 to $339, SECTION 3. The C shall cause a certified resole PASSED AND ATTEST: Maureen Benson, Assistant City Clerk decreasing the TDA 8C Fund (5000) resolution and ons. Attachments: Exhibit "A" - Budget Amendment for Local Transportation 8A Fund Exhibit "B" - Budget Amendment for Local Transit Programs 8C Fund Resolution 2008 -2757 Page 2 EXHIBIT "A" BUDGET AMENDMENT FOR LOCAL TRANSPORATATION 8A TO INCREASE ARTICLE 8 - STREEVROADS FROM $665,316 TO $926,159 FY 2008 -09 FUND ALLOCATION FROM: Fund Account Number Amount Local Transportation 8A Streets /Roads 2603 -5500 $ (270,843) $ 270,843 $ 926,159 Total $ 655,316 $ 270,843 DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS: Account Number Current Budget Revision Amended Budget 2603 -3510 $ 655,316 $ 270,843 $ 926,159 Total $ 655,316 $ 270,843 $ 926,159 Resolution 2008 -2757 Page 3 EXHIBIT "B" BUDGET AMENDMENT FOR LOCAL TRANSIT PROGRAMS 8C TO DECREASE ARTICLE 8C - TRANSIT FROM $603,379 TO $339,784 FY 2008 -09 FUND ALLOCATION FROM: Fund Account Number Amount Local Transit Program 8C 5000 -5500 $ 263,595 $ 263,595 $ 339,784 Total $ 603,379 $ 263,595 DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS: Account Number Current Budget Revision Amended Budget 5000 -3510 $ 603,379 $ 263,595 $ 339,784 Total $ 603,379 $ 263,595 $ 339,784 Resolution 2008 -2757 Page 4 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 -2757 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 15th day of October, 2008, and that the same was adopted by the following vote: AYES: Councilmembers Mikos, Parvin, and Van Dam NOES: None ABSENT: Councilmember Millhouse and Mayor Hunter ABSTAIN: None WITNESS my hand and the official seal of said City this 17th day of October, 2008. Maureen Benson, Assistant City Clerk (seal)