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HomeMy WebLinkAboutRES CC 2009 2832 2009 0617RESOLUTION NO. 2009 -2832 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 DECREASE IN FISCAL YEAR 2008/09 TRANSPORTATION DEVELOPMENT ACT (TDA) ALLOCATION WHEREAS, on July 2, 2008, the City Council adopted the budget for Fiscal Year 2008/09; and WHEREAS, on October 15, 2008, the City Council amended the FY 2008/09 Budget to match the FY 2008/09 TDA Allocation; and WHEREAS, on May 15, 2009, the FY 2008/09 TDA Allocation was reduced as a result of the economic downturn adversely impacting TDA revenue; and WHEREAS, a staff report has been presented to said Council detailing the revised FY 2008/09 TDA 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) $101,155 from $926,159 to $1,027,314 is hereby approved. SECTION 2. A budget amendment decreasing the TDA 8C Fund (5000) $235,678 from $339,784 to $104,106 is hereby approved. Resolution 2009 -2832 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 17th day of June, 2009. ATTEST: Maureen Benson, Assistant City Clerk Vaice S. Parvin, Mayor Attachments: Exhibit "A" - Budget Amendment for Local Transportation 8A Fund Exhibit "B" - Budget Amendment for Local Transit Programs 8C Fund Resolution 2009 -2832 Page 3 EXHIBIT "A" BUDGET AMENDMENT FOR LOCAL TRANSPORTATION 8A TO INCREASE ARTICLE 8 - STREET /ROADS FROM $926,159 TO $1,027,314 FUND ALLOCATION FROM: Fund Account Number Amount Local Transportation 8A Streets /Roads 2603 -5500 $ (101,155) $ 101,155 $ 1,027 314 Total i 1 $ 101,155 DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS: Account Number Current Budget Revision Amended Budge 2603 -3510 $ 926,159 $ 101,155 $ 1,027 314 Total $ 926,159 $ 101,155 $ 1 027 314 Resolution 2009 -2832 Page 4 EXHIBIT "B" BUDGET AMENDMENT FOR LOCAL TRANSPORTATION 8C TO DECREASE ARTICLE 8 - TRANSIT FROM $339,784 TO $104,106 FUND ALLOCATION FROM: Fund Account Number Amount Local Transit Program 8C 5000 -5500 $ 235,678 $ 235,678 $ 104,106 Total $ 235,678 DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS: Account Number Current Budget Revision Amended Budge 5000 -3510 $ 339,784 $ 235,678 $ 104,106 Total $ 339,784 $ (235,678)1 $ _1104,106 Resolution 2009 -2832 Page 5 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 -2832 was adopted by the City Council of the City of Moorpark at a regular 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 1 st day of July, 2009. Maureen Benson, Assistant City Clerk (seal)