HomeMy WebLinkAboutRES RDA 2009 206 2009 0218RESOLUTION NO. 2009 -206
A RESOLUTION OF THE REDEVELOPMENT
AGENCY OF THE CITY OF MOORPARK,
CALIFORNIA, AUTHORIZING AN AMENDMENT TO
THE FISCAL YEAR 2008/2009 ADOPTED
OPERATING AND CAPITAL IMPROVEMENTS
BUDGET
WHEREAS, on July 2, 2008, the Moorpark Redevelopment Agency adopted the
Operating and Capital Improvements Budget for fiscal year 2008/2009; and
WHEREAS, certain additions and adjustments to the budget are proposed to
allow for effective service delivery for the balance of the fiscal year; and
WHEREAS, the Board of Directors of the Moorpark Redevelopment Agency now
wishes to amend the 2008/2009 fiscal year budget as noted in Exhibits "A" and "B ".
NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF
MOORPARK DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. A budget amendment as more particularly described in Exhibits
"A" and "B" attached hereto is hereby approved.
SECTION 2. The Agency Secretary 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 18th day of February, 2009.
ATTEST:
Deborah S. Traffenstedt, Age
ce S. Parvin, Chair
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Attachment: Exhibits A and B — Mid Year Budget Amendment
Resolution No. 2009 -206
Page 2
Exhibit "A"
MOORPARK REDEVELOPMENT AGENCY
Mid Year Budget Amendment for the 2008/2009 Fiscal Year
Summary by Fund
Fund
2901 - Low /Mod Housing
2902 - MRA Operation
2905 - MRA 2006 TA Bonds
3900 - MRA Debt Service
Projected
Projected
Net Fund
Revenue
Expenditure
Impact
Increase
Increase
Increase
(Decrease)
(Decrease)
(Decrease)
$ 51166
$ (51166)
$ 221793
3957977
(373,184)
17000,000
-
11000,000
$ 110227793
$ 4011143
$ 621,650
Exhibit "B"
Moorpark Redevelopment Agency
Mid Year Budget Amendment for the 2008/2009 Fiscal Year
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Object
Current Current
Amended
Budget Unit
Code
Fund /Division
Description
Budget Actual
Revision
Budget Explanation
REVENUE:
2902 -2610- 5044
3410
High Street Arts Center
Ticket sales
$ - $ 13,273 $
13,273
$ 13,273 Summer program tickets
2902- 2610 -5045
3410
High Street Arts Center
Ticket sales
- 9,520
9,520
91520 Fall program tickets
Subtotal
229793
3900
3330
Debt Service
Settlements
- 1,000,000
1,000,000
9,520 County of Ventura settlement
Su btotal
190009000
Total revenue $
19022,793
EXPENDITURES:
2901
9720
MRA Low /Mod Income Hsng Debt Service Interest
$ 310000 $ 36,166 $
5,166
$ 36,166 Debt service interest
Su btotal
59166
2902
9287
Redevelopment Agency
ERAF payment to State
- 395,977
395,977
395,977 ERAF payment to County of Ventura
Su btota 1
395,977
Total expenditures $
401,143
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Resolution No. 2009 -206
Page 4
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. 2009 -206 was adopted by the Redevelopment Agency of -the City of
Moorpark at a regular meeting held on the 18th day of February, 2009, and that the
same was adopted by the following vote:
AYES: Agency Members Lowenberg, Mikos, Millhouse, Van Dam, and
Chair Parvin
NOES: None
ABSENT: None
ABSTAIN: None
WITNESS my hand and the official seal of said City this 4th day of March, 2009.
Deborah S. Traffenstedt,
Agency Secretary
(seal)