HomeMy WebLinkAboutRES CC 2009 2806 2009 0401RESOLUTION NO. 2009 -2806
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR
2008/09 BUDGET TO APPROVE CERTAIN
APPROPRIATIONS REQUIRED TO FUND OTHER POST-
EMPLOYMENT BENEFITS (OPEB) AS DEFINED HEREIN
WHEREAS, on July 2, 2008, the City Council adopted the Budget for fiscal year
2008/09; and
WHEREAS, on September 3, 2008, a staff report has been presented to the City
Council summarizing the results of the actuarial study relating to Other Post - Employment
Benefits (OPEB) and various options to comply with Government Accounting Standards
Board Statement No. 45 (GASB 45); and
WHEREAS, said staff report has been presented to the City Council providing the
cost of accrued and unfunded liability as of June 30, 2008 of $364,000 and the annual cost
for future benefits of $31,000; and
WHEREAS, the same staff report has been presented to the City Council
recommending the pre - funding of the unfunded liability of $364,000 and the payment of
the normal cost of $31,000 into an irrevocable trust managed by CaIPERS under their
California Employers' Retiree Benefit Trust (CERBT); and
WHEREAS, on April 1, 2009 a staff report has been presented to the City Council
requesting an aggregate appropriation increase of $395,000 in various operating funds for
the $364,000 unfunded liability and $31,000 normal cost payments; 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 increase of $395,000,
as more particularly described in Exhibit "A ", is hereby approved.
Resolution No. 2009 -2806
Page 2
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 1 st day of April, 2009.
ATTEST:
Maureen Benson, Assistant City Clerk
Attachment: Exhibit "A ": Budget Appropriation
ice S. Parvin, Mayor
Resolution No. 2009 -2806
Page 3
Exhibit A
Budget Amendment to
Various Funds for Other Post
Employment Benefits (OPEB) Payments
FY 2008/09
A. Fund Allocation
Fund
Account
Amount
1000 General Fund
1000 -5500
$380,453
1010 Library Fund
1010 -5500
315
2000 Traffic Safety Fund
2000 -5500
421
2001 Traffic System Management Fund
2001 -5500
2200 -5500
49
31528
2200 Community Development Fund
2300 Assessment District 84 -2 City Wide
2300 -5500
363
2301 Assessment District 84 -2 Zone 1
2301 -5500
11
2302 Assessment District 84 -2 Zone 2
2302 -5500
13
2303 Assessment District 84 -2 Zone 3
2303 -5500
11
2304 Assessment District 84 -2 Zone 4
2304 -5500
11
2305 Assessment District 84 -2 Zone 5
2305 -5500
13
2306 Assessment District 84 -2 Zone 6
2306 -5500
11
2307 Assessment District 84 -2 Zone 7
2307 -5500
11
2308 Assessment District 84 -2 Zone 8
2308 -5500
46
2309 Assessment District 84 -2 Zone 9
2309 -5500
11
2310 Assessment District 84 -2 Zone 10
2310 -5500
48
2311 Assessment District 84 -2 Zone 11
2311 -5500
11
2312 Assessment District 84 -2 Zone 12
2312- 5500
44
2314 Assessment District 2001 -01
2314 -5500
11
2315 Assessment District 2001 -02
2315 -5500
56
2316 Assessment District 2001 -03
2316 -5500
11
2318 Assessment District 2004 -01
2318 -5500
11
2319 Assessment District 2005 -01 M &M Development
2319 -5500
83
2320 Assessment District 0702 -Lon Homes
2320 -5500
11
2321 Assessment District 2006 -01 Shea Homes
2321 -5500
83
2322 Assessment District 2007 -01 Pardee Homes
2322 -5500
11
2400 Park Maintenance Fund
2400 -5500
21025
2605 Gas Tax Fund
2605 -5500
21827
2901 Low /Mod Income Housing Fund
2901 -5500
720
2902 MRA Operating Fund
2902 -5500
5000 -5500
5001 -5500
21646
512
623
5000 Local Transit Programs on
5001 Solid Waste AB 939
Total
$395,000
Resolution No. 2009 -2806
Page 4
B. Distribution of Appropriation to Expenditure Accounts
Account Number
Current Budget
Revision
Amended
Budget
1000 -9030
$0
$364,000
$364,000
1000 - 1100- 0000 -9030
$0
$220
$220
1000- 2100- 0000 -9030
$0
$37586
$315861
1000- 3100- 0000 -9030
$0
$2,074
$2,074
1000- 3110- 0000 -9030
$0
$814
$8141
1000 -3120- 0000 -9030
$0
$1,038
$1,038
1000- 5110 -0000 -9030
$01
$37014
$310141
1000- 6100 - 0000 -9030
$0
$267
$267
1000 -7100- 0000 -9030
$01
$463
$463
1000 -7210- 0000 -9030
$0
$853
$8531
1000 -7610- 0000 -9030
$0
$751
$751
1000 -7620- 0000 -9030
$0
$879
$8791
1000 -7630- 0000 -9030
$0
$1,538
$1,538
1000- 8100- 0000 -9030
$01
$360
$360
1000- 8320 - 0000 -9030
$0
$326
$326
1000 -8410- 0000 -9030
$01
$2701
$270
1010 -7640- 0000 -9030
$0
$315
$315
2000 -8210- 0000 -9030
$0
$1501
$150
2000 - 8330 -0000 -9030
$0
$271
$271
2001 - 6100 - 0000 -9030
$01
$49
$49
2200 - 6100 -0000 -9030
$01
$838
$838
2200 - 6430 -0000 -9030
$0
$240
$240
2200 -6440- 0000 -9030
$0
$2,450
$2,450
2300 - 7900 - 7901 -9030
$0
$363
$363
2301 - 7900 - 7901 -9030
$01
$11
$11
2302- 7900 - 7901 -9030
$0
$11
$11
2302- 8320 - 8902 -9030
$0
$2.
$2
2303 -7900- 7901 -9030
$01
$11
1 $11
2304 -7900- 7901 -9030
$01
$11
$11
2305 - 7900 - 7901 -9030
$0
$11
$11
2305 - 8320 - 8902 -9030
$0
$21
$2
2306 - 7900 - 7901 -9030
$01
$11
$11
2307 - 7900 - 7901 -9030
$01
$11
$11
2308 - 7900 - 7901 -9030
$0
$46
$46
2309 - 7900 - 7901 -9030
$0
$11
$11
2310- 7900 - 7901 -9030
$0
$28
$28
Resolution No. 2009 -2806
Page 5
Account Number
Current Budget
Revision
Amended
Budget
2310 -8320- 8902 -9030
$01
$20
$20
2311 - 7900 - 7901 -9030
$01
$11
$11
2312- 7900 - 7901 -9030
$01
$44
$441
23147900 - 7901 -9030
$01
$11
$11
2315 -7900- 7901 -9030
$01
$561
$56
2316- 7900 -7901 -9030
$01
$11
$11.
2318-7900-7901-9030
$0
$11
$11
2319 -7900- 7901 -9030
$01
$83
$83
2320 -7900- 7901 -9030
$01
$11
$111
2321 - 7900 - 7901 -9030
$01
$831
$83
2322 - 7900 -7901 -9030
$01
$11
$11
2400 - 7800 -0000 -9030
$01
$2,025
$2,025
2605 -8310- 0000 -9030
$01
$2,820
$2,820
2605 -8900- 8902 -9030
$01
$7
$7.
2901 - 2420 - 0000 -9030
$01
$720
$720
2902- 2410 - 0000 -9030
$0
$1,595
$1,595
2902- 5110- 0000 -9030
$0
$106
$106
2902- 6100 - 0000 -9030
$01
$741
$7410
2902- 6430 - 0000 -9030
$0
$204
$204
15000-8510-0000-9030
$01
$5121
$5121
Resolution No. 2009 -2806
Page 6
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 -2806 was
adopted by the City Council of the City of Moorpark at a regular meeting held on the 1st
day of April, 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 13th day of April, 2009.
Maureen Benson, Assistant City Clerk
(seal)