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HomeMy WebLinkAboutRES CC 2010 2889 2010 0203RESOLUTION NO. 2010 -2889 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2009/10 BUDGET TO REVISE APPROPRIATIONS FOR PROJECT 8002: 2009 PAVEMENT REHABILITATION PROJECT AND TO INCREASE REVENUES IN PROPOSITION 42 — TRAFFIC CONGESTION RELIEF FUND (2610) WHEREAS, on July 1, 2009, the City Council adopted the budget for Fiscal Year 2009/10; and WHEREAS, Ventura County Waterworks District No. 1 (District) agreed to reimburse the City for the cost to adjust District -owned sewer manholes and water valve covers, after street resurfacing at an estimated cost of $70,000.00; and WHEREAS, additional revenue of $70,000.00 is required in Proposition 42- Traffic Congestion Relief Fund (2610) to reflect the District's reimbursement; and WHEREAS, a staff report has been presented to the City Council requesting a budget amendment in the aggregate amount of $81,100.00; and WHEREAS, Exhibit "A" hereof describes said budget amendments and their resultant impacts to the budget line items. 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 $96,100.00 as more particularly described in Exhibit "A ", is hereby approved. SECTION 2. That a revenue increase of $70,000.00 as more particularly described in Exhibit "A ", is hereby approved. 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 3rd day of February, 2010. ATTEST: Maureen Benson, Assistant City Clerk 11 J zDiw�� J S. Parvin, Mayor Resolution 2010 -2889 Page 2 EXHIBIT A BUDGET AMENDMENT FOR VARIOUS PARK MAINTENANCE AND STATE GRANT FUNDS TO INCREASE APPROPRIATIONS FOR PROJECT 8002 2009 PAVEMENT REHABILITATION PROJECT FY 2009/10 FUND BALANCE ALLOCATION: Fund Title Fund - Account Number Amount State Grant Fund 2609 -5500 $ 26,100.00 Proposition 42- Traffic Congestion Relief Fund 2610 -5500 $ 15,000.00 Total $ $ 11,100.00 REVENUE BUDGET ALLOCATION: Account Number Current Budget Revision Amended Budget 2610 -3751 $ - $ 70,000.00 $ 70,000.00 $ - $ 33,000.00 2609 -8310- 8002 -9640 $ 75,000.00 $ Total $ - $ 70,000.00 1 $ 70,000.00 EXPENDITURE APPROPRIATION: Account Number Current Budget Revision Amended Budget 2400 - 8310 - 8002 -9640 1 33,000.00 $ - $ 33,000.00 2609 -8310- 8002 -9640 $ 75,000.00 $ 26,100.00 $ 101,100.00 2610 -8310- 8002 -9640 $ 315,000.00 $ 55,000.00 $ 370,000.00 2611 -8310- 8002 -9640 $ 531,448.00 $ - $ 531,448.00 2611 -8310- 8002 -9650 $ 50,000.00 $ 1 - $ 50,000.00 Total $ 1,004,448.00 $ 81,100.00 $ 1,085,548.00 Resolution 2010 -2889 Page 3 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. 2010 -2889 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 3rd day of February, 2010, 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 WITNESS my hand and the official seal of said City this 17th day of February, 2010. Maureen Benson, Assistant City Clerk (seal)