HomeMy WebLinkAboutRES CC 2015 3358 2015 0121 RESOLUTION NO. 2015-3358
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR
2014/2015 BUDGET TO APPROVE APPROPRIATION
ADJUSTMENTS AND FUND TRANSFERS FROM THE
GENERAL FUND (1000) AND GAS TAX FUND (2605) TO
COVER FISCAL YEAR 2013/2014 YEAR-END DEFICITS FOR
CERTAIN ASSESSMENT DISTRICT FUNDS
WHEREAS, on June 6, 2014, the City Council adopted Resolution No. 2014-3295
approving the Engineer's Report; confirming diagram and assessment; and ordering the
continuation of assessments for fiscal year (FY) 2014/2015 for the City Landscaping and
Lighting Maintenance and Assessment Districts (AD); and
WHEREAS, on June 18, 2014, the City Council adopted the Operating and Capital
Improvement Budget for FY 2014/2015, which includes $223,973.00 aggregate transfers
from the General Fund (1000) and Gas Tax Fund (2605), to cover the estimated FY
2013/2014 deficits in certain AD Funds; and
WHEREAS, a staff report has been presented to the City Council summarizing the
actual FY 2013/2014 fund deficits of $129,527.21 in various Assessment District Funds;
and the same report is recommending a decrease in appropriations totaling $94,445.79 -
$56,954.27 in the General Fund and $37,491.52 from the Gas Tax Fund to match the
required fund transfers to eliminate the mentioned deficits; and
WHEREAS, said staff report has been presented to the City Council requesting
fund transfers in the aggregate amount of$129,527.21 ; and
WHEREAS, Exhibit "A", attached hereto and made a part hereof, describes said
budget amendments and the resultant impact to the budget line items.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES
HEREBY RESOLVE AS FOLLOWS:
SECTION 1. A Budget Amendment to reduce appropriations by $94,445.79 -
$56,954.27 from the General Fund and $37,491.52 from the Gas Tax Fund to eliminate
the year-end deficits in certain AD funds, as more particularly described in Exhibit "A", is
hereby approved.
SECTION 2. That a fund transfer in the aggregate amount of $129,527.21 as
particularly described in Exhibit "A", is hereby approved.
Resolution No. 2015-3358
Page 2
SECTION 3. 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.
•
ani a S. Parvin, Mayor
ATTEST:
Maureen Benson, City Clerk OrtO•t:
farL
Attachment: Exhibit 'A': Budget Amendment and Fund Transfer Detail
Resolution No. 2015-3358
Page 3
Exhibit A
Budget Amendment for General Fund to Adjust Transfers
Required to Fund Fiscal Year 2013/2014 Year-End Deficits
In Certain Assessment District Funds
FY 2014/2015
A. Fund Allocation
Fund/Account No. Fund Description Amount
1000-5500 General Fund ($56,954.27)
2605-5500 Gas Tax Fund ($37,491.52)
Total ($94,445.79)
B. Fiscal Year 2014/2015 Budget Appropriation
Budget Number Adopted Budget Budget Change Revised Budget
FROM:
1000-7900-0000-9820 $107,510.00 ($40,491.27) $67,018.73
1000-8900-0000-9820 $16,463.00 ($16,463.00) $0.00
2605-8900-0000-9820 $100,000.00 ($37,491.52) $62,508.48
Total $223,973.00 ($94,445.79) $129,527.21
TO:
2300-3720 (Lighting) $116,463.00 ($53,954.52) $62,508.48
2300-3720 (Landscaping) $44,831.00 ($44,831.00) $0.00
2301-3720 $5,233.00 ($4,727.39) $505.61
2303-3720 $766.00 ($766.00) $0.00
2304-3720 $0.00 $0.00 $0.00
2305-3720 $37,590.00 ($6,073.50) $31,516.50
2306-3720 $574.00 ($482.37) $91.63
2307-3720 $3,837.00 $16,239.67 $20,076.67
2308-3720 $9,508.00 $710.61 $10,218.61
2309-3720 $3,605.00 ($707.14) $2,897.86
2310-3720 $0.00 $0.00 $0.00
2314-3720 $1,566.00 $145.85 $1,711.85
Total $223,973.00 ($94,445.79) $129,527.21
C. Appropriation Allocation
To Be Transferred to: From From
Fund Fund 1000 Fund 2605 TOTAL
2300-3720 $0.00 $62,508.48 $62,508.48
2301-3720 $505.61 $0.00 $505.61
2305-3720 $31,516.50 $0.00 $31,516.50
2306-3720 $91.63 $0.00 $91.63
2307-3720 $20,076.67 $0.00 $20,076.67
2308-3720 $10,218.61 $0.00 $10,218.61
2309-3720 $2,897.86 $0.00 $2,897.86
2314-3720 $1,711.85 $0.00 $1,711.85
Total $67,018.73 $62,508.48 $129,527.21
Resolution No. 2015-3358
Page 4
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. 2014-3358 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.
(771-44-.........-----)
Maureen Benson, City Clerk
(seal)
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