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HomeMy WebLinkAboutAGENDA REPORT 2009 1118 CC REG ITEM 10F ITEM 10.F. CITY OF MOORPARK,CALIFORN14 City Council Meeting Of l- ' 'DO _ MOORPARK CITY COUNCIL ACTION: AGENDA REPORT -1' 1-� - 6 : TO: Honorable City Council _. FROM: Steven Kueny, City Manager ' Prepared by: Teri Davis, Senior , anagement Analyse DATE: November 10, 2009 (CC Meeting of 11118/09) SUBJECT: Consider Resolution Amending the Fiscal Year(FY) 2009/10 Budget by Appropriating $4,500.00 from the Endowment Fund to Fund Final Payment to the Mountains Recreation and Conservation Authority (MRCA) BACKGROUND & DISCUSSION The City Council, on March 18, 2009, authorized the City Manager to sign an Agreement with.MRCA for real property appraisal and subsequent review by the State of California Department of General Services. The City paid MRCA$2,000.00 from appraisal services (2800 2100 0000 9101) in April 2009, and, per the requirements of the Agreement, a final payment of$4,500.00 is now due. However, appraisal services (2800 2100 0000 9101) currently has a zero appropriation balance. The City Council is being asked to adopt a resolution (Attachment A), amending the FY 2009/10 budget to formally appropriate $4,500.00 in appraisal services funds (2800 2100 0000 9101). FISCAL IMPACT The cost to the City for the final payment of the MRCA Agreement, will be$4,500.00. It is proposed to come from the Endowment Fund. STAFF RECOMMENDATION ROLL CALL VOTE Adopt Resolution No. 2009- Attachment: A- Resolution 95 Attachment A RESOLUTION NO. 2009- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA,AMENDING THE FISCAL YEAR 2009/10 BUDGET TO REVISE THE APPROPRIATION AND BUDGET AMOUNTS IN THE ENDOWMENT FUND (FUND 2800) FOR FINAL PAYMENT TO MOUNTAINS RECREATION CONSERVATION AUTHORITY FOR REAL PROPERTY APPRAISAL AND STATE OF CALIFORNIA DEPARTMENT OF GENERAL SERVICES WHEREAS, on July 1, 2009, the City Council adopted the Budget for Fiscal Year 2009/10; and WHEREAS, a staff report has been presented to the City council requesting a budget adjustment in the aggregate amount of$4,500.00; and WHEREAS, Exhibit "A" attached hereto and made a part hereof, describe said budget amendment and its resultant impacts 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 amendment in the aggregate increase of$4,500.00 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 18th day of November, 2009. Janice S. Parvin, Mayor ATTEST: Deborah S. Traffenstedt, City Clerk Exhibit A: Budget Amendment 96 Resolution No. 2009- EXHIBIT A BUDGET AMENDMENT FOR ENDOWMENT FUND TO APPROPRIATE FUNDS FOR FINAL PAYMENT TO MOUNTAINS RECREATION CONSERVATION AUTHORITY FOR REAL PROPERTY APPRAISAL AND DGS REVIEW FY 2009110 FUND ALLOCATION FROM: Fund Title Fund-Account Number Amount Endowment Fund 2800-5500 $ 4,500.00 i i Total $ 4,500.00 DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS: Account Number Current Budget Revision Amended Budget : 2800-2100-0000-9101 - $ 4,500.00 $ 4,500.00_ Total - $ 4,500.00 $ 4,500.001 Finance Approval: _ 97