Loading...
HomeMy WebLinkAboutRES CC 2011 3072 2011 1116RESOLUTION NO. 2011 -3072 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2011/2012 BUDGET TO APPROVE CERTAIN APPROPRIATIONS AND FUND TRANSFERS FROM THE GENERAL FUND (1000) AND THE GAS TAX FUND (2605) REQUIRED TO FUND FISCAL YEAR 2010/2011 YEAR -END DEFICITS FOR CERTAIN ASSESSMENT DISTRICT FUNDS AND TO APPROVE REVENUE BUDGET INCREASE FOR NEW ASSESSMENT DISTRICTS AS DEFINED HEREIN WHEREAS, on June 1, 2011, the City Council adopted Resolution No. 2011 -3029 approving the Engineer's Report; confirming diagram and assessment; and ordering the levy of assessments for fiscal year (FY) 2011/2012 for the City Landscaping and Lighting Maintenance and Assessment Districts (AD); and WHEREAS, on the same meeting date, the City Council adopted the Operating and Capital Improvement Budget for FY 2011/2012, which includes $455,732 in Gas Tax and General Funds, to cover the FY 2010/2011 deficits in certain AD Funds; and WHEREAS, a staff report has been presented to the City Council summarizing the actual FY 2010/2011 fund deficits of $395,930 in various Assessment District Funds; and the same report is requesting an aggregate appropriations decrease of $59,802 in the Gas Tax and General Funds to match the required fund transfers to eliminate the mentioned deficits; and WHEREAS, said staff report has been presented to the City Council requesting fund transfer in the aggregate amount of $395,930; and WHEREAS, Exhibit "A ", attached hereto and made a part hereof, describes said budget amendments and the resultant impact 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 appropriation decrease of $59,802, as more particularly described in Exhibit "A ", is hereby approved. SECTION 2. That a fund transfer in the aggregate amount of $395,930 as particularly described in Exhibit "A ", is hereby approved. Resolution No. 2011 -3072 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 16th day of November, 2011. Aan S. Parv�h,Mayor ATTEST: Maureen Benson, City Clerk Attachment: Exhibit'A': Budget Amendment and Fund Transfer Detail Resolution No. 2011 -3072 Page 3 Exhibit A Budget Amendment for Gas Tax and General Funds to Adjust Transfers Required to Fund FY 2010/2011 Year -End Deficits In Certain Assessment District Funds FY 2011/2012 A. Fund Allocation Fund No. Fund Description Amount 1000 General Fund $22,210 2605 Gas Tax Fund $37,592 $152,866 Total $59,802 B. Fiscal Year 2011/12 Budget Appropriation Budget Number Adopted Budget Budget Change Revised Budget FROM: Fund 2605 Fund 1000 Total 1000 - 7900 - 000 -9820 $152,866 ($22,210) $130,656 2605- 7900 - 000 -9820 $302,866 (537,592) $265,274 Total $455,732 $59,802) $395,930 2305 -3720 $10,578 $10,578 $21,155 TO: $1,781 $1,781 $3,561 2300 -3720 (Lighting) $140,700 ($6.082) $134,618 2300 -3720 (Landscaping) $212,396 (521.005) $191,391 2303 -3720 $5,329 ($2,687) $2,642 2304 -3720 $8,129 (5654) $7,475 2305 -3720 $33,224 (S12,069) $21,155 2306 -3720 $3,804 ($243) $3,561 2307 -3720 $13,554 ($3,559) $9,995 2308 -3720 $20,211 ($2,793) $17,418 2309 -3720 $4,949 ($563) $4,386 2310 -3720 $10,177 (810.177) $0 2314 -3720 $3,259 $30 $3,289 Total $455,732 $59,802 $395,930 C. Appropriation Allocation To Be Transferred to: From From Fund Fund 2605 Fund 1000 Total 2300 -3720 $230,314 $95,696 $326,009 2303 -3720 $1,321 $1,321 $2,642 2304 -3720 $3,737 $3,737 $7,475 2305 -3720 $10,578 $10,578 $21,155 2306 -3720 $1,781 $1,781 $3,561 2307 -3720 $4,997 $4,997 $9,995 2308 -3720 $8,709 $8,709 $17,418 2309 -3720 $2,193 $2,193 $4,386 2310 -3720 $0 $0 $0 2314 -3720 $1,644 $1,644 $3,289 Total $265,274 $130,656 $395,930 Resolution No. 2011 -3072 Page 4 STATE OF CALIFORNIA ) COUNTY OF VENTURA ) ss. CITY OF MOORPARK ) I, Maureen Benson, City Clerk of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 2011 -3072 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 16th day of November, 2011, 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 2011. WITNESS my hand and the official seal of said City this 7th day of December, Maureen Benson, City Clerk (seal)