HomeMy WebLinkAboutRES CC 2009 2785 2009 0107RESOLUTION NO. 2009 -2785
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR
2008/09 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 2007/08 YEAR -END DEFICITS FOR
CERTAIN ASSESSMENT DISTRICT FUNDS AS DEFINED
HEREIN
WHEREAS, on July 2, 2008, the City Council adopted the Budget for fiscal year
2008/09; and
WHEREAS, said budget for fiscal year 2008/09 includes $301,442 in Gas Tax and
General Funds to cover the fiscal year 2007/08 deficits in certain Assessment Districts
Funds; and
WHEREAS, a staff report has been presented to the City Council summarizing the
actual fiscal year 2007/08 fund deficits of $264,808 in various Assessment District Funds;
and
WHEREAS, said staff report has been presented to the City Council requesting an
aggregate budget decrease of $36,634 in the Gas Tax and General Funds to match the
required Fund Transfers to eliminate the above mentioned deficits; and
WHEREAS, said staff report has been presented to the City Council requesting
fund transfer in the aggregate amount of $264,808; and
WHEREAS, Exhibit "A ", attached hereto and made a part hereof, describes said
budget amendments 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 $36,634,
as more particularly described in Exhibit "A ", is hereby approved.
SECTION 2. That a fund transfer in the aggregate amount of $264,808 as
particularly described in Exhibit "A ", is hereby approved.
Resolution No. 2009 -2785
Page 2
SECTION 3. 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 7th day of January, 2009.
ATTEST:
Maureen Benson, Benson, Assistant City Clerk
(--J�'ice S. Parvin, Mayor
Attachment: Exhibit "A ": Budget Appropriation and Fund Transfer Detail
Resolution No. 2009 -2785
Page 3
Exhibit A
Budget Amendment for
Gas Tax and General Funds to Adjust Transfers
Required to Fund FY 2007/08 Year -End Deficits
In Certain Assessment District Funds
FY 2008/09
A. Fund Allocation
Fund No.
Fund Description
Amount
1000
General Fund
25,291
2605
Gas Tax Fund
11,343
$127,655
Total
36,634
B. Fiscal Year 2008109 Budget Appropriation
Budget Number
Adopted Budget
Bud et Chan a
Revised Budget
FROM:
Fund 2605
Fund 1000
Total
1000 - 7900 - 000 -9820
$127,655
25,291
$102,364
2605- 7900 - 000 -9820
$173,787
11,343
$162,444
Total
$301,442
36,634
$264,808
2309 -3720
$72
$72
$143
TO:
$12,314
$12,314
$24,627
2300 -3720 (Lighting)
$46,132
13,948
$60,080
2300 -3720 (Landscaping)
$191,540
26,942
$164,598
2305 -3720
$18,978
4,495
$14,483
2308 -3720
$4,950
4,073
$877
2309 -3720
$238
95
$143
2310 -3720
$39,604
14,977
$24,627
Total
$301,442
36,634
$264,808
C. Appropriation Allocation
To Be Transferred to:
From
From
Fund
Fund 2605
Fund 1000
Total
2300 -3720
$142,379
$82,299
$224,678
2305 -3720
$7,242
$7,242
$14,483
2308 -3720
$439
$439
$877
2309 -3720
$72
$72
$143
2310 -3720
$12,314
$12,314
$24,627
Total
$162,444
$102,364
$264,808
Resolution No. 2009 -2785
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. 2009 -2785 was
adopted by the City Council of the City of Moorpark at a regular meeting held on the 7th
day of January, 2009, and that the same was adopted by the following vote:
AYES: Councilmembers Lowenberg, Mikos, Millhouse, Van Dam, and
Mayor Parvin
NOES: None
ABSENT: None
ABSTAIN: None
WITNESS my hand and the official seal of said City this 14th day of January, 2009.
Maureen Benson, Assistant City Clerk
(seal)