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HomeMy WebLinkAboutRES CC 2015 3386 2015 0415 RESOLUTION NO. 2015-3386 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2014/15 TDA ARTICLE 8 REVENUE BUDGET BY $189,705.00 DUE TO THE REVISED APPORTIONMENT WHEREAS, on June 18, 2014, the City Council adopted the Operating and Capital Improvements Projects budget for Fiscal Year 2014/2015; and WHEREAS, on February 6, 2015, the Ventura County Transportation Commission approved revised FY 2014/15 Transportation Development Act (TDA) apportionments for all municipal jurisdictions in Ventura County, including Moorpark, based on revised FY 2014/15 revenue estimates from the Ventura County Auditor-Controller; and WHEREAS, the City's new FY 2014/15 TDA apportionment has increased from $1,150,789.00 to $1 ,332,542.00; and WHEREAS, a staff report has been presented to the City Council describing the proposed TDA allocation to the City's Local Transit Programs 8C Fund (5000) and Local Transportation 8A Fund (2603) and the resulting impacts to the City's FY 2014/15 Budget; and WHEREAS, Exhibit "A", attached hereto and made a part hereof, describes said budget amendment and its resultant impact to the budget line item. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. That a budget revenue amendment increasing Local Transportation 8A Fund (2603) by $139,705.00 and increasing Local Transit Programs 8C Fund (5000) by $50,000.00 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 15th day of April, 2015. c-t�t J ,7")'-?RL 1/V-Pt/L. (Janice S. Parvin, Mayor ATTEST: 101111111( . Maureen Benson, City Clerk011414Se."4li ` Attachment: Exhibit 'A': Appropriation and Budget Detail ';; Resolution No. 2015-3386 Page 2 EXHIBIT A BUDGET AMENDMENT FOR LOCAL TRANSIT PROGRAMS 8C FUND (5000) & LOCAL TRANSPORTATION 8A FUND (2603) TO INCREASE REVENUE $189,705.00 FY 2014/15 FUND BALANCE ALLOCATION: Fund-Account Fund Title Number Amount LOCAL TRANSIT PROGRAMS 8C 5000-5500 $ 50,000.00 LOCAL TRANSPORTATION 8A 2603-5500 $ 139,705.00 Total $ 189,705.00 REVENUE BUDGET ALLOCATION: Amended Account Number Current Budget Revision Budget 5000.3510 $ 400,000.00 $ 50,000.00 $ 450,000.00 2603.3510 $ 742,837.00 $ 139,705.00 $ 882,542.00 $ $ $ Total $ 1,142,837.00 $ 189,705.00 $ 1,332,542.00 Resolution No. 2015-3386 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. 2015-3386 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 15th day of April, 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 6th day of May, 2015. Maureen Benson, City Clerk (seal) a s4