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HomeMy WebLinkAboutRES CC 2013 3198 2013 0619 RESOLUTION NO. 2013-3198 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, ADOPTING THE OPERATING AND CAPITAL IMPROVEMENT BUDGET FOR THE CITY OF MOORPARK FOR THE FISCAL YEAR 2013/2014 WHEREAS, on May 21, 2013 the City Manager's Recommended Budget for Fiscal Year 2013/2014 was submitted to the City Council for its review and consideration; and WHEREAS, the City Council has provided the opportunity for public comment at a public meeting held on May 29, 2013, and conducted detailed review of expenditure proposals; and WHEREAS, as the result of the reviews and analysis, expenditure proposals and revenue projections have been modified as needed. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The Operating and Capital Improvement Budget for Fiscal Year 2013/2014 (beginning July 1, 2013) for the City of Moorpark containing operating and capital expenditures and anticipated revenues as identified in Exhibit "A" to this resolution attached hereto and incorporated herein, shall be adopted as the City of Moorpark's Operating and Capital Improvement Budget for Fiscal Year 2013/2014. SECTION 2. That a decrease in the Endowment Fund of $550,925 and an increase in the 2001 and 2006 Tax Allocation Bond Proceeds Funds of$550,925, as more particularly described in Exhibit"B", is hereby approved. SECTION 3. That an aggregate increase of $100,000 in the General Fund expenditure budget, as more particularly described in Exhibit"C", is hereby approved. SECTION 4. The City Manager is authorized to amend the capital improvement budget for Fiscal Year 2013/2014 at the conclusion of Fiscal Year 2012/2013 when a final accounting of project costs during the Fiscal Year 2012/2013 is complete and continuing appropriations are determined as long as the total project appropriation authorized by the City Council is not exceeded. SECTION 5. The City Manager is authorized to approve appropriation transfers within departments and within individual funds as required to provide efficient and economical services, as long as the total department appropriation and fund appropriation authorized by the City Council is not exceeded. Resolution No. 2013-3198 Page 2 SECTION 6. Except as otherwise provided in this resolution, amendments to the appropriations in Fiscal Year 2013/2014 Operating and Capital Improvement Budget shall require Council action by resolution. SECTION 7. The City Manager is authorized to make such emergency appropriations as may be necessary to address emergency needs of the City, provided that the appropriation is presented to the City Council at its next regular meeting for ratification. SECTION 8. The budget approval is being done for City internal governance purposes and the approval of the Recognized Obligation Payment Schedule (ROPS) by the Oversight Board on February 19, 2013 and the State of California Department of Finance's (DOF) allowance of costs in the ROPS defined the parameters of the Successor Agency administrative and operating budget for the period of the ROPS. The Successor Agency understands that the annual budget may be modified should the ROPS for the second half of the fiscal year include substantial departures from the approved first-half ROPS. SECTION 9. The City's Fiscal Year 2013/2014 Operating Budget shall include an appropriation of$115,000 from the General Fund Reserve for one-half of the cost for a School Resource Officer. SECTION 10. 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 19th day of June, 2013. Ja ce S. Parvin, Wyor ATTEST: Maureen Benson, City ClerkP.�__ g Al � Attachment: Exhibit "A", "B" and "C" —'�t� Resolution No. 2013-3198 Page 3 Exhibit A Operating and Capital Improvement Budget For the City of Moorpark Fiscal Year 2013/2014 On file with the City Clerk Resolution No. 2013-3198 Page 4 EXHIBIT B BUDGET AMENDMENT FOR Endowment Fund and Redevelopment Tax Allocation Bond Proceeds Funds Re-allocate 161 Second Street Park Funding from Endowment Fund to Redevelopment Bond Proceeds Funds FY 2013/2014 FUND ALLOCATION FROM: Fund Account Number Amount Endowment Fund 2800-5500 $ 550,925.00 RDA-SA 2001 TAB Proceeds Fund 9104-5500 $ 386,675.00 RDA-SA 2006 TAB Proceeds Fund 9105-5500 $ 164,250.00 Total $ - DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS: Account Number Current Budget Revision Amended Budget 2800-2410-5081-9613 $ 305,425.00 $ 305,425.00 $ - 2800-2410-5081-9631 $ 81,250.00 $ 81,250.00 $ - 2800-2410-5081-9633 $ 144,250.00 $ 144,250.00 $ - 2800-2410-5081-9625 $ 20,000.00 $ 20,000.00 $ - 9104-2410-5081-9613 $ - $ 305,425.00 $ 305,425.00 9104-2410-5081-9631 $ - $ 81,250.00 $ 81,250.00 9105-2410-5081-9633 $ - $ 144,250.00 $ 144,250.00 9105-2410-5081-9625 $ - $ 20,000.00 $ 20,000.00 Total $ 550,925.00 $ - $ 550,925.00 Resolution No. 2013-3198 Page 5 EXHIBIT C BUDGET AMENDMENT FOR General Fund Allocate Funding for Salary and Benefit Adjustments and to Fund One-Half of the Cost of School Resource Officer FY 2013/2014 FUND ALLOCATION FROM: Fund Account Number Amount General Fund 1000-5500 $ 215,000.00 Total $ 215,000.00 DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS: Account Number Current Budget Revision Amended Budget Various General Fund $ - $ - Sala /Benefit accounts $ 4,432,215.00 $ 100,000.00 $ 4,532,215.00 1000-9200-0000-9117 $ 5,873,430.00 $ 115,000.00 $ 5,988,430.00 Total $ 10,305,645.00 $ 215,000.00 $ 10,520,645.00 Resolution No. 2013-3198 Page 6 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. 2013-3198 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 19th day of June, 2013, 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 3rd day of July, 2013. Maureen Benson, City Clerk (seal) ' Vii'