Loading...
HomeMy WebLinkAboutRES CC 2015 3420 2015 0701 RESOLUTION NO. 2015-3420 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2015/16 BUDGET TO APPROPRIATE FUNDS FROM LOCAL TRANSPORTATION 8A FUND (2603), GAS TAX FUND (2605), AND OTHER STATE FUNDS (2609) FOR ADDITIONAL CONSTRUCTION COSTS FOR THE 2015 PAVEMENT REHABILITATION (PROJECT 8002) WHEREAS, on June 17, 2015, the City Council adopted the Operating and Capital Improvements Projects budget for Fiscal Year 2014/2015; and WHEREAS, the adopted budget includes the 2015 Pavement Rehabilitation Capital Improvement Project 8002 with a total appropriation of $96,320; and WHEREAS, a staff report has been presented to the City Council requesting a budget adjustment increase of $738,000 from Local Transportation 8A Fund (2603), $269,930 from Gas Tax Fund (2605), and $31,500 from Other State Funds (2609); and WHEREAS, the City was awarded a $31,500 Recycled Tire Grant from CalRecycle in Fiscal Year 2014/15; and WHEREAS, the City and Ventura County Waterworks District No. 1 have an agreement in which the Waterworks District will reimburse the City for actual costs to adjust manholes and valve covers to the finish roadway surface and that reimbursement is estimated at$49,020; and WHEREAS, Exhibit "A", attached hereto and made a part 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 $1,039,430 as more particularly described in Exhibit "A", is hereby approved. SECTION 2. A budget revenue amendment increasing the Other State Funds (2609) by $31,500 is hereby approved. SECTION 3. A budget revenue amendment increasing the Gas Tax Fund (2605) by$49,020 is hereby approved. Resolution No. 2015-3420 Page 2 SECTION 4. 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 1st day of July, 2015. 4Ja ce S. Parvin, Mayor ATTEST: r: ;,;rt Maureen Benson, City Clerk tra,r,," IW Attachment: Exhibit 'A': Appropriation and Budget Detail Resolution No. 2015-3420 Page 3 EXHIBIT "A" BUDGET AMENDMENT FOR LOCAL TRANSPORTATION 8A FUND (2603) AND GAS TAX FUND (2605) AND OTHER STATE FUNDS (2609) TO INCREASE FUNDING FOR THE 2015 PAVEMENT REHABILITATION, SPECIFICATION NO. MPK 15-02 (PROJECT 8002) FY 2015-2016 FUND BALANCE ALLOCATION: Fund-Account Fund Title Number Amount LOCAL TRANSPORTATION 8A 2603-5500 $ 738,000.00 GAS TAX 2605-5500 $ (49,020.00) GAS TAX 2605-5500 $ 269,930.00 OTHER STATE FUNDS 2609-5500 $ (31,500.00) OTHER STATE FUNDS 2609-5500 $ 31,500.00 Total $ 958,910.00 REVENUE BUDGET ALLOCATION: Amended Account Number Current Budget Revision Budget 2605.3751 $ - $ 49,020.00 $ 49,020.00 2609.3588 $ 187,244.00 $ 31,500.00 $ 218,744.00 $ - $ - $ Total $ 187,244.00 $ 80,520.00 $ 267,764.00 EXPENDITURE APPROPRIATION: Amended Account Number Current Budget Revision Budget 2603.8310.8002.9640 $ - $ 738,000.00 $ 738,000.00 2605.8310.8002.9640 $ 96,320.00 $ 269,930.00 $ 366,250.00 2609.8310.8002.9640 $ 31,500.00 $ 31,500.00 Total $ 96,320.00 $ 1,039,430.00 $ 1,135,750.00 Resolution No. 2015-3420 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. 2015-3420 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 1st day of July, 2015, and that the same was adopted by the following vote: AYES: Councilmembers Mikos, Millhouse, Pollock, Van Dam, and Mayor Parvin NOES: None ABSENT: Councilmember Van Dam ABSTAIN: None WITNESS my hand and the official seal of said City this 16th day of July, 2015. Maureen Benson, City Clerk (seal) „Ma trot on a,/ O1 p pJ