Loading...
HomeMy WebLinkAboutRES CC 2015 3356 2015 0121 RESOLUTION NO. 2015-3356 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2014-15 BUDGET TO APPROVE CERTAIN APPROPRIATIONS REQUIRED TO PAY DOWN THE CITY'S CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM (CALPERS) PENSION PLAN UNFUNDED LIABILITY WHEREAS, on June 18, 2014, the City Council adopted the Budget for fiscal year 2014-15; and WHEREAS, on January 21, 2015, a staff report has been presented to the City Council discussing the City's pension plan and providing the cost to pay down the City's CaIPERS pension plan unfunded liability by $3,600,000; and WHEREAS, on January 21, 2015 a staff report has been presented to the City Council requesting an aggregate appropriation increase of$3,600,000; and WHEREAS, Exhibit "A", attached hereto and made a part hereof, describes said budget amendments and its resultant impacts to the budget line item(s). 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 $3,600,000, 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 21st day of January, 2015. Jan' a S. Parvin, Mayor ATTEST: • r Maureen Benson, City Clerk ti •r • Attachment: Exhibit 'A': Budget Appropriation •. }.,{. Resolution No. 2015-3356 Page 2 Exhibit A Budget Amendment to General Fund and Other Funds To Pay Down the City's Pension Plan Unfunded Liability FY 2014/15 A. Fund Allocation to pay down pension unfunded liability Fund Account Amount 1000-General Fund 1000-5500 $ 2,112,770 1010-Library Fund 1010-5500 $ 29,319 2000-Traffic Safety Fund 2000-5500 $ 46,085 2001-Traffic System Mgt Fund 2001-5500 $ 13,059 2003-Crossing Guard Fund 2003-5500 $ 4,242 2151-Art in Public Places 2151-5500 $ 3,218 2200-Community Development Fund 2200-5500 $ 412,385 2201-City Affordable Housing Fund 2201-5500 $ 98,214 2300-LLMD 2300-5500 $ 6,262 2301-LLMD 2301-5500 $ 919 2302-LLMD 2302-5500 $ 2,409 2303-LLMD 2303-5500 $ 61 2304-LLMD 2304-5500 $ 328 2305-LLMD 2305-5500 $ 3,194 2306-LLMD 2306-5500 $ 12 2307-LLMD 2307-5500 $ 518 2308-LLMD 2308-5500 $ 919 2309-LLMD 2309-5500 $ 263 2310-LLMD 2310-5500 $ 13,820 2311-LLMD 2311-5500 $ 61 2312-LLMD 2312-5500 $ 8,039 2314-LLMD 2314-5500 $ 194 Resolution No. 2015-3356 Page 3 Fund Account Amount 2315-LLMD 2315-5500 $ 6,076 2316-LLMD 2316-5500 $ 263 2318-LLMD 2318-5500 $ 328 2320-LLMD 2320-5500 $ 16,690 2321-LLMD 2321-5500 $ 138 2322-LLMD 2322-5500 $ 39,584 2400-Park Maintenance Fund 2400-5500 $ 265,704 2603-Local Transportation 8A Fund 2603-5500 $ 162,956 2605-Gas Tax Fund 2605-5500 $ 115,645 2620-Engineering/PW Fund 2620-5500 $ 89,345 2800-Endowment Fund 2800-5500 $ 41,831 5000-Local Transit Programs 8C Fund 5000-5500 $ 48,741 5001-Solid Waste AB939 Fund 5001-5500 $ 56,408 TOTAL $ 3,600,000 B. Distribution of Appropriation to Expenditure Accounts Account Number Current Revision Amended Budget Budget 1000-1100-0000-9013 $ 6,788 $ 33,912 $ 40,700 1000-2100-0000-9013 $ 55,832 $ 226,003 $ 281,835 1000-2210-0000-9013 $ 9,376 $ 37,953 $ 47,329 1000-2411-0000-9013 $ 27,501 $ 111,321 $ 138,822 1000-3100-0000-9013 $ 39,791 $ 161,070 $ 200,861 1000-3110-0000-9013 $ 44,197 $ 178,905 $ 223,102 1000-3120-0000-9013 $ 51,580 $ 208,791 $ 260,371 1000-3160-0000-9013 $ 17,539 $ 70,996 $ 88,535 1000-5110-0000-9013 $ 88,864 $ 359,713 $ 448,577 1000-6100-0000-9013 $ 8,380 $ 33,921 $ 42,301 1000-7100-0000-9013 $ 13,268 $ 53,708 $ 66,976 Resolution No. 2015-3356 Page 4 Account Number Current Revision Amended Budget Budget 1000-7210-0000-9013 $ 12,995 $ 52,603 $ 65,598 1000-7210-7210-9013 $ 16,638 $ 67,349 $ 83,987 1000-7610-0000-9013 $ 26,283 $ 106,391 $ 132,674 1000-7620-0000-9013 $ 25,669 $ 103,906 $ 129,575 1000-7630-0000-9013 $ 56,594 $ 229,087 $ 285,681 1000-8100-0000-9013 $ 15,250 $ 61 ,731 $ 76,981 1000-8320-0000-9013 $ 3,807 $ 15,410 $ 19,217 1010-7640-0000-9013 $ 7,243 $ 29,319 $ 36,562 2000-8210-0000-9013 $ 4,015 $ 16,252 $ 20,267 2000-8310-0000-9013 $ 524 $ 2,121 $ 2,645 2000-8330-0000-9013 $ 6,846 $ 27,712 $ 34,558 2001-7620-0000-9013 $ 3,226 $ 13,059 $ 16,285 2003-8210-0000-9013 $ 1 ,048 $ 4,242 $ 5,290 2151-2100-0000-9013 $ 795 $ 3,218 $ 4,013 2200-6100-0000-9013 $ 14,715 $ 59,565 $ 74,280 2200-6430-0000-9013 $ 19,032 $ 77,040 $ 96,072 2200-6440-0000-9013 $ 68,129 $ 275,780 $ 343,909 2201-2430-0000-9013 $ 16,967 $ 68,681 $ 85,648 2201-6430-0000-9013 $ 3,264 $ 13,212 $ 16,476 2201-7620-0000-9013 $ 4,032 $ 16,321 $ 20,353 2300-7900-7901-9013 $ 1,547 $ 6,262 $ 7,809 2301-7900-7901-9013 $ 227 $ 919 $ 1,146 2302-7900-7901-9013 $ 541 $ 2,190 $ 2,731 2302-8320-8902-9013 $ 54 $ 219 $ 273 2303-7900-7901-9013 $ 15 $ 61 $ 76 2304-7900-7901-9013 $ 81 $ 328 $ 409 2305-7900-7901-9013 $ 735 $ 2,975 $ 3,710 2305-8320-8902-9013 $ 54 $ 219 $ 273 2306-7900-7901-9013 $ 3 $ 12 $ 15 Resolution No. 2015-3356 Page 5 Account Number Current Revision Amended Budget Budget 2307-7900-7901-9013 $ 128 $ 518 $ 646 2308-7900-7901-9013 $ 227 $ 919 $ 1 ,146 2309-7900-7901-9013 $ 65 $ 263 $ 328 2310-7900-7901-9013 $ 2,770 $ 11,213 $ 13,983 2310-8320-8902-9013 $ 644 $ 2,607 $ 3,251 2311-7900-7901-9013 $ 15 $ 61 $ 76 2312-7900-7901-9013 $ 1,986 $ 8,039 $ 10,025 2314-7900-7901-9013 $ 48 $ 194 $ 242 2315-7900-7901-9013 $ 1,501 $ 6,076 $ 7,577 2316-7900-7901-9013 $ 65 $ 263 $ 328 2318-7900-7901-9013 $ 81 $ 328 $ 409 2320-7900-7901-9013 $ 4,123 $ 16,690 $ 20,813 2321-7900-7901-9013 $ 34 $ 138 $ 172 2322-7900-7901-9013 $ 9,779 $ 39,584 $ 49,363 2400-7800-0000-9013 $ 65,640 $ 265,704 $ 331 ,344 2603-8310-0000-9013 $ 40,257 $ 162,956 $ 203,213 2605-8310-0000-9013 $ 28,569 $ 115,645 $ 144,214 2620-8410-0000-9013 $ 22,072 $ 89,345 $ 111,417 2800-2100-0000-9013 $ 10,334 $ 41,831 $ 52,165 5000-8510-0000-9013 $ 12,041 $ 48,741 $ 60,782 5001-3140-3003-9013 $ 13,935 $ 56,408 $ 70,343 TOTAL $ 889,349 $ 3,600,000 $ 4,489,349 Resolution No. 2015-3356 Page 6 C. Fund Allocation for Transfers Fund Account Amount 4004-Special Projects Fund 4004-5500 $ 2,892,546 1000-General Fund 1000-5500 ($ 2,112,770) 2200-Community Development Fund 2200-5500 ($ 412,385) 2300-LLMD 2300-5500 ($ 6,262) 2301-LLMD 2301-5500 ($ 919) 2303-LLMD 2303-5500 ($ 61) 2305-LLMD 2305-5500 ($ 3,194) 2306-LLMD 2306-5500 ($ 12) 2307-LLMD 2307-5500 ($ 518) 2308-LLMD 2308-5500 ($ 919) 2309-LLMD 2309-5500 ($ 263) 2314-LLMD 2314-5500 ($ 194) 2400-Park Maintenance Fund 2400-5500 ($ 265,704) 2620-Engineering/PW Fund 2620-5500 ($ 89,345) TOTAL $ 0 D. Distribution of Appropriation to Expenditure Accounts for Transfers Account Number Current Revision Amended Budget Budget 4004-9820 $ 0 $ 2,892,546 $ 2,892,546 1000-6100-0000-9820 $ 778,725 $ 412,385 $ 1,191,110 1000-7800-0000-9820 $ 1,521 ,775 $ 265,704 $ 1,787,479 1000-7900-0000-9820 $ 107,510 $ 6,080 $ 113,590 1000-8900-0000-9820 $ 16,463 $ 6,262 $ 22,725 1000-8410-0000-9820 $ 78,881 $ 89,345 $ 168,226 TOTAL $ 2,503,354 $ 3,672,322 $ 6,175,676 Resolution No. 2015-3356 Page 7 E. Distribution of Appropriation to Revenue Accounts for Transfers Account Number Current Revision Amended Budget Budget 1000-3720 $ 0 $ 2,892,546 $ 2,892,546 2200-3720 $ 778,725 $ 412,385 $ 1,191,110 2300-3720 $ 161,294 $ 6,262 $ 167,556 2301-3720 $ 5,233 $ 919 $ 6,152 2303-3720 $ 766 $ 61 $ 827 2305-3720 $ 37,590 $ 3,194 $ 40,784 2306-3720 $ 574 $ 12 $ 586 2307-3720 $ 3,837 $ 518 $ 4,355 2308-3720 $ 9,508 $ 919 $ 10,427 2309-3720 $ 3,605 $ 263 $ 3,868 2314-3720 $ 1 ,566 $ 194 $ 1,760 2400-3720 $ 1 ,521,775 $ 265,704 $ 1,787,479 2620-3720 $ 78,881 $ 89,345 $ 168,226 TOTAL $ 2,603,354 $ 3,672,322 $ 6,275,676 Resolution No. 2015-3356 Page 8 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. 2015-3356 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 21st day of January, 2015, and that the same was adopted by the following vote: AYES: Councilmembers Mikos, Millhouse, Pollock, Van Dam, and Mayor Parvin NOES: None ABSENT: None ABSTAIN: None WITNESS my hand and the official seal of said City this 4th day of February, 2015. Maureen Benson, City Clerk (seal) ti. A ray •�,trii► �T6�, L