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HomeMy WebLinkAboutRES RD 2003 116 2003 0507RESOLUTION NO. 2003 -116 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FY 2002/03 BUDGET BY APPROPRIATING $7,500 FROM THE GAS TAX FUND (2605 - 5500) ; $7,500 FROM THE GENERAL FUND (1000 -5500) AND $9,990 FROM THE REDEVELOPMENT AGENCY FUND (2902- 5500)TO SPECIAL PROFESSIONAL SERVICES (1000- 5110- 1016- 9103;2605- 5110- 0000 - 9103;2902- 5110 - 0000 -9103) FOR GASB 34 IMPLEMENTATION SERVICES WHEREAS, on June 5, 2002, the Redevelopment Agency Board of Directors adopted the budget for Fiscal Year 2002/03; and WHEREAS, an appropriation was made for GASB 34 implementation in the amount of $20,000 from General Fund ($10,000) and Gas Tax Fund ($10,000); and WHEREAS, proposals have been received from our auditor and public work's consultants to implement GASB 34 for amounts exceeding current appropriations; and WHEREAS, Exhibit "A" hereof describes said necessary budget amendment and its resultant impacts to the budget line item(s). NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. A budget amendment appropriating $24,990 from the funds listed above to the line item for implementation of GASB 34 as more particularly described in Exhibit "A" attached hereto is hereby approved. SECTION 2. The Agency Secretary shall certify to the adoption resolution of this resolution and shall cause a certified to be filed in the book of origin esofutions. PASSED AND ADOPTED this 7th/day of Vay, 2103 a -rric ter, Chair ATTEST: FjVr Deborah S. Traffenstcydt, Agency Secretary MAARCH 118 1W7 Attachment: Exhibit "A "- Budget Amendment+, OF Resolution 2003 -116 Page 2 EXHIBIT A BUDGET AMENDMENT FOR FY 2002 -03 FUND ALLOCATION FROM: Fund Account Number Amount General 1000 -5500 $ 7,500.00 Gas Tax 605 -5500 $ 7,500.00 Redevelopment A enc 902 -5500 $ 9,990.00 Total $ Is 24,990.00 DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS: Account Number Current Budget Revision Amended Budget 1000- 5110 - 1016 -9103 $ 47,310.00 $ 7,500.00 $ 54,810.00 2605- 5110 - 0000 -9103 $ 10,000.00 $ 7,500.00 $ 17,500.00 902 - 5110 - 0000 -9103 $ - $ 9,990.00 $ 9,990.00 Total $ 57,310.00 $ 24,990.00 $ 82,300.00 Resolution 2003 -116 Page 3 STATE OF CALIFORNIA ) COUNTY OF VENTURA ) ss. CITY OF MOORPARK ) I, Deborah S. Traffenstedt, Secretary of the Redevelopment Agency of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 2003- 116 was adopted by the Redevelopment Agency of the City of Moorpark at a regular meeting held on the 7th day of May, 2003 and that the same was adopted by the following vote: AYES: Agencymembers Harper, Mikos, Millhouse, Parvin and Chair Hunter NOES: None ABSENT: None ABSTAIN: None WITNESS my hand and the official seal of said City this 13th day of June, 2003. Deborah S. Traffens edt, Agency Secretary (seal) ES it i_1SH MAC. of