HomeMy WebLinkAboutRES CC 2015 3444 2015 1007 RESOLUTION NO. 2015-3444
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR
2015/16 BUDGET TO APPROVE CERTAIN
APPROPRIATIONS REQUIRED TO FUND OTHER POST-
EMPLOYMENT BENEFITS (OPEB) AS DEFINED HEREIN
WHEREAS, on June 17, 2015, the City Council adopted the Budget for fiscal year
2015/16; and
WHEREAS, on October 7, 2015, a staff report has been presented to the City
Council summarizing the actuarial study relating to (OPEB) in compliance with
Government Accounting Standards Board Statement No. 45 (GASB 45); and
WHEREAS, said staff report has been presented to the City Council providing the
cost to increase the assets to the present value of benefits as of June 30, 2015 of
$644,768; and
WHEREAS, the same staff report has been presented to the City Council
recommending the pre-funding of the present value of benefits into an irrevocable trust
managed by CaIPERS under their California Employers' Retiree Benefit Trust (CERBT);
and
WHEREAS, on October 7, 2015, a staff report has been presented to the City
Council requesting an aggregate appropriation increase of $644,768 in the General Fund
for the pre-funding of the present value of benefits; 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 $644,768,
as more particularly described in Exhibit "A", is hereby approved.
Resolution No. 2015-3444
Page 2
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 October, 2015.
(7("A- 7)77\q-A477,17-._-,‘
ce S. Parvin, Mayor
ATTEST:
Cat
Maureen Benson, City Clerk DMSA
Attachment: Exhibit 'A': Budget Appropriation � ,�A
D
Resolution No. 2015-3444
Page 3 Exhibit A
Budget Amendment to
General Fund and other Funds
for Other Post Employment Benefits (OPEB) Payments
FY 2015/16
A. Fund Allocation
Fund Account Amount
1000-General Fund 1000-5500 $ 372,167
1010-Library Fund 1010-5500 $ 5,545
2000-Traffic Safety Fund 2000-5500 $ 13,153
2001-Traffic System Mgt Fund 2001-5500 $ 2,837
2003-Crossing Guard Fund 2003-5500 $ 2,063
2200-Community Development Fund 2200-5500 $ 71,311
2201-City Affordable Housing Fund 2201-5500 $ 25,468
2300-LLMD 2300-5500 $ 1 ,225
2301-LLMD 2301-5500 $ 193
2302-LLMD 2302-5500 $ 515
2304-LLMD 2304-5500 $ 64
2305-LLMD 2305-5500 $ 644
2307-LLMD 2307-5500 $ 129
2308-LLMD 2308-5500 $ 193
2309-LLMD 2309-5500 $ 64
2310-LLMD 2310-5500 $ 2,708
2312-LLMD 2312-5500 $ 1 ,547
2314-LLMD 2314-5500 $ 64
2315-LLMD 2315-5500 $ 1 ,161
2316-LLMD 2316-5500 $ 64
2318-LLMD 2318-5500 $ 64
2320-LLMD 2320-5500 $ 3,224
2322-LLMD 2322-5500 $ 7,608
2400-Park Maintenance Fund 2400-5500 $ 51,517
2603-Local Transportation 8A Fund 2603-5500 $ 22,502
Resolution No. 2015-3444
Page 4
Fund Account Amount
2603-Local Transportation 8A Fund 2603-5500 $ 22,502
2605-Gas Tax Fund 2605-5500 $ 19,859
2620-Engineering/PW Fund 2620-5500 $ 16,828
5000-Local Transit Programs 8C Fund 5000-5500 $ 13,411
5001-Solid Waste AB939 Fund 5001-5500 $ 8,640
TOTAL $ 644,768
Resolution No. 2015-3444
Page 5
B. Distribution of Appropriation to Expenditure Accounts
Account Number Current Revision Amended
Budget Budget
1000-1100-0000-9030 $ 0 $ 4,777 $ 4,777
1000-2100-0000-9030 $ 0 $ 41 ,459 $ 41,459
1000-2210-0000-9030 $ 0 $ 7,221 $ 7,221
1000-2411-0000-9030 $ 0 22,180 $ 22,180
1000-3100-0000-9030 $ 0 32,109 $ 32,109
1000-3110-0000-9030 $ 0 32,883 $ 32,883
1000-3120-0000-9030 $ 0 33,850 $ 33,850
1000-3160-0000-9030 $ 0 9,285 $ 9,285
1000-5110-0000-9030 $ 0 66,476 $ 66,476
1000-6100-0000-9030 $ 0 6,577 $ 6,577
1000-7100-0000-9030 $ 0 10,574 $ 10,574
1000-7210-0000-9030 $ 0 11 ,026 $ 11,026
1000-7210-7210-9030 $ 0 11 ,026 $ 11,026
1000-7610-0000-9030 $ 0 20,246 $ 20,246
1000-7620-0000-9030 $ 0 19,988 $ 19,988
1000-7630-0000-9030 $ 0 34,495 $ 34,495
1000-8100-0000-9030 $ 0 4,965 $ 4,965
1000-8320-0000-9030 $ 0 3,030 $ 3,030
1010-7640-0000-9030 $ 0 5,545 $ 5,545
2000-8210-0000-9030 $ 0 3,095 $ 3,095
2000-8310-0000-9030 $ 0 580 $ 580
2000-8330-0000-9030 $ 0 9,478 $ 9,478
2001-7620-0000-9030 $ 0 2,837 $ 2,837
2003-8210-0000-9030 $ 0 2,063 $ 2,063
2200-6100-0000-9030 $ 0 11,799 $ 11 ,799
2200-6430-0000-9030 $ 0 16,506 $ 16,506
2200-6440-0000-9030 $ 0 43,006 $ 43,006
2201-2430-0000-9030 $ 0 19,923 $ 19,923
Resolution No. 2015-3444
Page 6
Account Number Current Revision Amended
Budget Budget
2201-6430-0000-9030 $ 0 1 ,999 $ 1 ,999
2201-7620-0000-9030 $ 0 3,546 $ 3,546
2300-7900-7901-9030 $ 0 1,225 $ 1,225
2301-7900-7901-9030 $ 0 193 $ 193
2302-7900-7901-9030 $ 0 451 $ 451
2302-8320-8902-9030 $ 0 64 $ 64
2304-7900-7901-9030 $ 0 64 $ 64
2305-7900-7901-9030 $ 0 580 $ 580
2305-8320-8902-9030 $ 0 64 $ 64
2307-7900-7901-9030 $ 0 129 $ 129
2308-7900-7901-9030 $ 0 193 $ 193
2309-7900-7901-9030 $ 0 64 $ 64
2310-7900-7901-9030 $ 0 2,192 $ 2,192
2310-8320-8902-9030 $ 0 516 $ 516
2312-7900-7901-9030 $ 0 1,547 $ 1,547
2314-7900-7901-9030 $ 0 64 $ 64
2315-7900-7901-9030 $ 0 1,161 $ 1 ,161
2316-7900-7901-9030 $ 0 64 $ 64
2318-7900-7901-9030 $ 0 64 $ 64
2320-7900-7901-9030 $ 0 3,224 $ 3,224
2322-7900-7901-9030 $ 0 7,608 $ 7,608
2400-7800-0000-9030 $ 0 51,517 $ 51,517
2603-8310-0000-9030 $ 0 22,502 $ 22,502
2605-8310-0000-9030 $ 0 19,859 $ 19,859
2620-8410-0000-9030 $ 0 16,828 $ 16,828
5000-8510-0000-9030 $ 0 13,411 $ 13,411
5001-3140-3003-9030 $ 0 8,640 $ 8,640
TOTAL $ 0 $ 644,768 $ 644,768
Resolution No. 2015-3444
Page 7
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. 2015-3444 was
adopted by the City Council of the City of Moorpark at a regular meeting held on the 7th
day of October, 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 13th day of October,
2015.
Maureen Benson, City Clerk
(seal)
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