HomeMy WebLinkAboutRES CC 2014 3289 2014 0507 RESOLUTION NO. 2014-3289
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF MOORPARK, CALIFORNIA AUTHORIZING
USE OF THE GENERAL FUND (1000) TO PAY THE
CALIFORNIA JOINT POWERS INSURANCE
AUTHORITY (CJPIA) GENERAL LIABILITY AND
WORKERS COMPENSATION AGGREGATE
RETROSPECTIVE BALANCE
WHEREAS, on June 19, 2013 the City Council adopted the Operating' and
Capital Improvement Budget for Fiscal Year 2013/14; and
WHEREAS, a staff report has been presented to the City Council summarizing
CJPIA's retrospective deposit adjustment of $133,272 for general liability and $102,143
for workers compensation insurance; and
WHEREAS, a budget appropriation increase of $235,415 in the General Fund
(1000) is requested for the payment of the aggregate retrospective deposit balance; and
WHEREAS, Exhibit "A" hereof describes said budget amendment and its
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 increase of$235,415, as
more particularly described in Exhibit "A", is hereby approved.
SECTION 2. 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 7th day of May, 2014
4 e S. Parvin, Mayor
ATTEST:
Maureen Benson, City Clerk pro*
Attachment: Exhibit 'A'. Budget Appropriation / ���•
44.0 j01.4
Resolution No. 2014-3289
Page 2
Exhibit A
Budget Amendment for
General Fund
For CJPIA for Liability Insurance
FY 2013/14
A. Fund Allocation
Fund Description Account Amount
General Fund 1000-5500 $ 235,415
Total $ 235,415
B. Appropriation Allocation
Adopted Budget Revised
Budget Number Budget Change Budget
1000-5110-0000-9011 $ 13,349 $ 102,143 $ 115,492
1000-5110-0000-9233 $ 0 $ 133,272 $ 133,272
Total $ 13,349 $ 235,415 $ 248,764
Resolution No. 2014-3289
Page 3
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. 2014-3289 was
adopted by the City Council of the City of Moorpark at a regular meeting held on the 7th
day of May, 2014, and that the same was adopted by the following vote:
AYES: Councilmembers Mikos, Mil'house, Pollock, Van Dam, and Mayor Parvin
NOES: None
ABSENT: None
ABSTAIN: None
WITNESS my hand and the official seal of said City this 21st day of May, 2014.
Maureen Benson, City Clerk
(seal)
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