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Home My WebLink AboutRES CC 2012 3089 2012 0215RESOLUTION NO. 2012 -3089 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AUTHORIZING AN AMENDMENT TO THE FISCAL YEAR 2011/2012 ADOPTED OPERATING AND CAPITAL IMPROVEMENTS BUDGET WHEREAS, on June 15, 2011 the City Council adopted the Operating and Capital Improvements Budget for fiscal year 2011/2012; and WHEREAS, certain additions and adjustments to the budget are proposed to allow for effective service delivery for the balance of the fiscal year; and WHEREAS, the City Council now wishes to amend the 2011/2012 fiscal year budget as noted in Exhibits "A and B ". NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. A budget amendment as more particularly described in Exhibits "A and B" attached hereto is hereby approved. SECTION 2. The City Clerk shall certify to the adoption of this resolution and shall cause a certified resolution to be filed in the book of original resolutions. PASSED AND ADOPTED this 15th day of February, 2012. Ja ice S. Parvin, Mayor ATTEST: Maureen Benson, City Clerk Attachment: Exhibits A and B — Mid Year Budget Amendment Resolution No. 2012 -3089 Page 2 Exhibit "A" CITY OF MOORPARK Mid Year Budget Amendment for the 2011/2012 Fiscal Year Summary by Fund Projected Projected Net Fund Revenue Expenditure Impact Increase Increase Increase Fund (Decrease) (Decrease) (Decrease) 1000 - General $ 877,500 $ 140,300 $ 737,200 2002 - City -Wide Traffic Mitigation - 5,000 (5,000) 2100 - Community Wide 38,000 - 38,000 2200 - Community Development (408,605) (120,260) (288,345) 2201 - Affordable Housing 36,000 - 36,000 23XX - Lighting & Landscape A.D. 10,800 - 10,800 2400 - Park Maintenance - 32,000 (32,000) 2604 - ISTEA 120,000 - 120,000 2612 - Prop 1 B Safety & Security - 5,000 (5,000) 5000 - Local Transit 8C (53,085) - (53,085) 5001 - Solid Waste - 32,000 (32,000) $ 620,610 $ 94,040 $ 526,570 Exhibit "B" City of Moorpark Mid Year Budget Amendment for the 201112012 Fiscal Year Object Current Current Amended Budget Unit Code Fund /Division Description Budget Actual Revision Budget Explanation REVENUE: 1000 3011 General Fund Current Unsecured 1000 3013 General Fund Supplemental Secured 1000 3016 General Fund Parcel Taxes 1000 3017 General Fund Property Taxes - VLF 1000 3030 General Fund Sales and Use Tax 1000 3031 General Fund Sales Tax Compensation 1000 3211 General Fund Filming Permits 1000 3402 General Fund Interest MRA Advance 1000 3741 General Fund Othert-oan Payoff 1000 3809 General Fund Cost Plan S 40.000 S 75.000 140.000 2.900.000 2.500.000 825.000 7.000 150.000 306.500 1000 - 7630 -7618 3862 General/Recreation Contract Class Registration Fees 137.000 Subtotal 2100 3401 Community Wide Rents and Concessions - 35 000 Supplemental property taxes adjusted Subtotal 35.000 175.000 Parcel taxes adjusted 1440 106 2200 3240 Community Development Residential Building Permits 379 379 2200 3241 Community Development Non - Residential Building Permits 31.830 2200 3826 Community Development Advance Planning Fees 12.000 2200 3831 Community Development Plan Check Residential 117.666 2200 3832 Community Development Plan Check Non - Residential 20 930 2200 3840 Community Development Planning Time Charges 306 800 38,000 Subtotal 105 875 (259 379) 120 000 Residential development slowed below expectations 2201 2322 2604 5000 5000 3404 Affordable Housing Rents - Tenants Subtotal 3751 AD 2007 -01 Pardee Subtotal 3615 TEAfederal Grants Subtotal 3510 TDA 8C 3750 TDA 8C Subtotal 5.000 Expense Reimbursements - Other Federal Revenue Grants 1.260.000 TDA Article 8 500.000 Other Revenue Not Elsewh Class - 115.040 $ 75 000 S 115.000 Unsecured property taxes adjusted 6 317 (40 000) 35 000 Supplemental property taxes adjusted 91 926 35.000 175.000 Parcel taxes adjusted 1440 106 (20 000) 2.880.000 Property taxes adjusted 1.008.169 100.000 2600.000 Sales taxes adjusted per HDL estimates 428 -608 32.000 857.000 Triple flip adjustment 1,400 (5.000) 2.000 Fewer film permits were issued - (150.000) - MRA loan not funded and no interest earned 900 000 900.000 900.000 Mission Bell note payoff 156.570 (127.500) 179.000 Cost plan adjustment due to RDA abolishment 112.150 78 000 215.000 New payment system for Away We Grow programs 877,500 37.543 38 000 38.000 Boething Treeland leases 2010. 2011. and 2012 38,000 105 875 (259 379) 120 000 Residential development slowed below expectations 53.321 38 170 70 -000 Increase in tenant improvements 6.825 (4.000) 8.000 Residential development slowed below expectations 51.119 (47.666) 70,000 Residential development slowed below expectations 23 736 11 070 32.000 Increase in tenant improvements 86.513 14( 6.800) 160.000 Residential development slowed below expectations 1408,605) 26 980 36 000 41.000 Rental properties 36,000 10.800 10.800 10.800 Savewater rebate 10,800 - 120 000 1.380.000 CMAQ funds projected to be spent last year 120,000 4.094 (61.535) 438.465 TDA allocation update 8 493 8 500 8.500 Buses 6433 6448 and 6449 auction revenue Total revenue $620,660 � ZJ Sv (D (O (n (D O W C 0 7 Z O N O_ N W O too (D Exhibit "B" City of Moorpark Mid Year Budget Amendment for the 201112012 Fiscal Year -0 ;U CD m (0 cn CD 0 o' M N O N i W O W cD Object Current Current Amended Budget Unit Code Fund[Division Description Budget Actual Revision Budget Explanation EXPENDITURES: 1000 - 2410 -0000 9122 General/MRA Economic Dev Legal Services $ - $ 12.246 S 12.300 $ 12.300 BWS legal for Mission Bell 1000- 7620 -0000 9202 General /Community Facilities Office Supplies 500 3.253 5.000 5.500 Traffic accident furniture replacement 1000 - 7620 -0000 9252 General!Community Facilities Property Maintenance 128113 95.398 25.000 153.113 Traffic accident repairs 1000 - 7620 - 7704 9415 General /AAC Water 300 2.546 5.000 5.300 Active Adult Center underbudgeted 1000 - 7620 -7701 9252 General /AVCP Property Maintenance 28.458 15.813 5 000 33.458 AVCP sound system upgrade. sewer pump alarm 1000 - 7630 -7618 9160 General,'Recreation Class Instructor Pay 62 000 99.951 88.000 150.000 New payment system for "Away We Grow" programs Subtotal 140,300 2002 - 8310 -8061 9252 Crty -Wide Traffic Mitigation Property Maintenance - 625 5.000 5.000 1449 Walnut Canyon maintenance Subtotal 5,000 2200- 6410 -0000 9143 Community Development B&S Residential Plan Check 78.448 31.071 (23.448) 55.000 Charles Abbott fees based on devel estimates 2200 -6410 -0000 9144 Community Development B &S Non - Residential Plan Check 13.954 16.811 13.046 27.000 Charles Abbott fees based on devel estimates 2200 -6410 -0000 9146 Community Development B &S Residential Permits 221.292 52.567 (141.292) 80.000 Charles Abbott fees based on level estimates 2200 -6410 -0000 9147 Community Development B &S Non- Residential Permits 18.566 30.941 31.434 50.000 Charles Abbott fees based on devel estimates Subtotal 11 20,260) 2400- 7800 - 7805 9415 Park Maintenance Water 6.210 4.899 5.000 11.210 Campus Park water rate increases 2400- 7800 - 7813 9413 Park Maintenance Electricity 1.200 9.539 17.500 18.700 Glenwood Park new restroom 2400 - 7800 - 7818 9415 Park Maintenance Water 28.750 20.603 9.500 38.250 Mammoth Park water rate increases Subtotal 32,000 2612. 8510 -8073 9632 Prop 1B Safety & Security Public Trans - Metrolink 935 5.935 5.000 5.935 Correct Metrolink Falcon Builders retention Subtotal 5,000 5001- 3140 -3006 9205 Solid Waste AB939 Special Department Supplies - 5.000 5.000 Used oil containers 5001. 3140 -3006 9234 Solid Waste AB939 Advertising - 5.000 5.000 Newspaper advertising for used oil containers 5001 - 3140 -3004 9205 Solid Waste AB939 Special Department Supplies 39.759 10 009 22.000 61759 Recycling receptacles for parks Subtotal 32,000 Total expenditures S 94,040 -0 ;U CD m (0 cn CD 0 o' M N O N i W O W cD Resolution No. 2012 -3089 Page 5 STATE OF CALIFORNIA ) COUNTY OF VENTURA ) ss. CITY OF MOORPARK ) I, Maureen Benson, City Clerk of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 2012 -3089 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 15th day of February, 2012, and that the same was adopted by the following vote: AYES: Councilmembers Mikos, Millhouse, Pollock, Van Dam, and Mayor Parvin NOES: None ABSENT: None ABSTAIN: None 2012. WITNESS my hand and the official seal of said City this 24th day of February, Maureen Benson, City Clerk (seal)