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HomeMy WebLinkAboutRES CC 2009 2823 2009 0617RESOLUTION NO. 2009 -2823 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 (1000) TO THE COMMUNITY DEVELOPMENT FUND (2200) AND THE AGENCY FUND (6000) TO ELIMINATE YEAR -END DEFICITS AND TO SET -ASIDE RESERVES 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 $956,826 in General Fund (1000) transfers to cover current year operating expenses in the Community Development Fund (2200); and WHEREAS, a staff report has been presented to the City Council summarizing the estimated fiscal year 2008/09 fund deficit of $430,000 in the Community Development Fund (2200); and WHEREAS, the same staff report requested to set -aside reserves in the Agency Fund (6000) for Charles Abbott & Associates portion of the Building and Safety fee ($88,000) and Imaging fees ($50,000) imposed on developers; and WHEREAS, said staff report has been presented to the City Council requesting an budget increase of $568,000 in the General Fund (1000) to match the required fund transfers to eliminate the estimated deficit in the Community Development Fund (2200) and to establish the reserves in the Agency Fund (6000); 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 increase of $568,000, as more particularly described in Exhibit "A', is hereby approved. SECTION 2. That fund transfers up to $1,524,826 as particularly described in Exhibit "A ", is hereby approved. Resolution No. 2009 -2823 Page No. 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 17th day of June, 2009. ATTEST: Maureen Benson, Assistant City Clerk (-:J;ice S. Parvin, Mayor a Resolution No. 2009 -2823 Page No. 3 Exhibit A Budget Amendment for General Fund to Adjust Transfers To Community Development and Fiduciary Funds FY 2008/09 A. Fund Allocation Fund No. Fund Description Amount 1000 General Fund 568,000 6000-Equity Transfer for Imaging Fee $50,000 1000 -6100- 000 -9820 $956,826 Total 568,000 B. Fiscal Year 2008/09 Budget Appropriation Budget Number Adopted Budget Budget Change Revised Budget FROM: $88,000 6000-Equity Transfer for Imaging Fee $50,000 1000 -6100- 000 -9820 $956,826 430,000 $1,386,826 1000-Equity Transfer to Fund 6000 $0 138,000 $138,000 Total $956,826 568,000 .$1,524,826.1 TO: 2200 -3720 $956,826 430,000 $1,386,826 6000-Equity Transfer for CAA Ca $0 88,000 $88,000 6000-Equity Transfer for Imaging Fee $0 50,000 $50,000 Total $956,826 568,000 $1,524,826 C. Appropriation Allocation To Be Transferred to Fund: From Fund 1000 2200 -3720 $1,386,826 6000-Equity Transfer for CAA Ca $88,000 6000-Equity Transfer for Imaging Fee $50,000 Total $1,524,826 Resolution No. 2009 -2823 Page No. 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 -2823 was adopted by the City Council of the City of Moorpark at a special meeting held on the 17th day of June, 2009, and that the same was adopted by the following vote: AYES: Councilmembers Mikos, Pollock, Van Dam, and Mayor Parvin NOES: None ABSENT: Councilmember Millhouse ABSTAIN: None WITNESS my hand and the official seal of said City this 1st day of July, 2009. Maureen Benson, Assistant City Clerk (seal)