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HomeMy WebLinkAboutAGENDA REPORT 2010 0421 CC REG ITEM 10I ITEM 10.1. +:O Council Wteetino MOORPARK CITY COUNCIL-alo ° AGENDA REPORT TO: Honorable City Council FROM: Jennifer Mellon, Senior Management Analyst DATE: March 24, 2010 (CC Meeting of April 21, 2010) SUBJECT: Consider Resolution Amending the Fiscal Year 2009-10 Budget to Include the Energy Efficiency and Conservation Block Grant Stimulus Monies DISCUSSION In September 2009, the City of Moorpark applied for an Energy Efficiency and Conservation Block Grant in the City's eligible amount of $148,600. This is a grant funded by the Department of Energy using American Recovery and Reinvestment Act (ARRA) Stimulus Package Monies. The City's grant application was approved and as expenses are incurred, as outlined in the grant, the City will be reimbursed via direct wire transfer for project costs. Lighting energy efficiency audits and air conditioning audits have been completed and work may commence prior to this Fiscal Year end. By approving the resolution, Council will provide Staff with the authority to set up expense and revenue accounts for this grant. FISCAL IMPACT There is no fiscal impact. STAFF RECOMMENDATION (Roll Call Vote) Adopt Resolution No. 2010- _. Attachment: Resolution 97 RESOLUTION NO. 2010 - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK. CALIFORNIA, AMENDING THE FISCAL YEAR 2009/10 BUDGET TO INCREASE REVENUE AND EXPENDITURE BUDGETS BY $148,600 IN THE OTHER STATE/FEDERAL GRANT FUND (2609) TO REFLECT THE ENERGY EFFICIENCY AND CONSERVATION BLOCK GRANT FROM THE AMERICAN RECOVERY AND REINVESTMENT ACT OF 2009 WHEREAS, on February 17, 2009 the United States Congress enacted the American Recovery and Reinvestment Act of 2009, which provided for $2.7B in appropriations under the Energy Efficiency and Conservation Block Grant Programs (EECBG); and WHEREAS, on July 1, 2009 the City Council adopted the Operating and Capital Improvement Budget for fiscal year 2009/10; and WHEREAS, on September 18, 2009 the City submitted an EECBG application to the Office of Energy Efficiency and Renewable Energy (EERE) of the United States Department of Energy and was awarded $148,600; and WHEREAS, a staff report has been presented to the City Council requesting a revenue budget amendment in the amount of $148,600 to reflect the funding from EECBG and an aggregate expenditure increase of $1.48,600 in the Other State/Federal Grant Fund (2609) to be spent on eligible projects; and WHEREAS, Exhibit "A" attached hereto and made a part hereof, describes said budget amendments and its resultant impacts to the budget line items. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. That a revenue budget amendment of $148,600, as more particularly described in Exhibit "A", is hereby approved. SECTION 2. That an aggregate increase of$148,600 in expenditure budget, as more particularly described in Exhibit "A", is hereby approved. SECTION 3. The City Clerk shall certify to the adoption of this resolution and shall cause a certified resolution to be files in the book of original resolutions. 98 Resolution No. 2010- Page 2 PASSED AND ADOPTED this 21 st day of April, 2010. Janice S. Parvin, Mayor ATTEST: Deborah Traffenstedt, City Clerk Attachment: Exhibit 'A': Budget Amendment 99 Exhibit A Budget Amendment for Other State/Federal Grant Fund (2609) for Energy Efficiency and Conservation Block Grant Award FY 2009/10 A. Fund Allocation Fund Description Account Amount Other State/Federal Grant Fund 2609-5500 148,600 Total 148,600 B. Revenue Budget Allocation Adopted Budget Fund Budget Change Revised Budget 2609-3618 $0 148,600 $148,600 C. Expenditure Appropriation Adopted Budget Fund Budget Change Revised Budget 2609-7620-0000-9102 $0 148,600 $148,600 2609-7620-2005-9102 $0 $0 2609-7620-7704-9102 $0 $0 $148,600 Finance Approval: 100