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HomeMy WebLinkAboutAGENDA REPORT 2008 0521 CC REG ITEM 10G City Council kieetin of -A/- ACTION: dz&& _ MOORPARK CITY COUNCI aao �Y:_ � AGENDA REPORT TO: Honorable City Council FROM: Yugal K. Loll, City Engineer/Public Works Director Prepared by: Shaun Kroes, Management Analyst DATE: May 8, 2008 (CC meeting f 05/21/08 9 ) SUBJECT: Consider Resolution Amending the Fiscal Year 2007108 Budget for Mid- Year Budget Adjustment Corrections for Public Transit Division BACKGROUND On March 19, 2008, Moorpark City Council adopted Resolution No. 2008-2693, authorizing mid-year amendments to the 2007/08 Fiscal Year Budget. After review of the changes made, staff has identified two amendments to the FY 2007/08 Budget for Council's consideration. DISCUSSION The first amendment requests amending the FY 2007/08 budget by appropriating $59,196 from the Traffic System Management Fund (2001). The mid-year budget adjustment included removing $250,000 of Fund 2001 from Public Transit expense line item 2001.8510.0000.9505. This funding was intended to be used for the purchase of a new City bus, which has been postponed to a future fiscal year. In FY 2007/08, $59,196 had been spent for the purchase of four Cleaire Horizon diesel particulate filters. The FY 2006/07 budget included $60,000 for the purchase of the filters. The funds were encumbered but not rolled over into the current fiscal year since it was a non-Capital Improvement Project. The work was started in June 2007 but due to a delivery delay the installation was completed in September 2007 and the funds were expended in October 2007. The mid-year adjustment excluded this transaction in the calculation. The second amendment requests amending the FY 2007/08 budget by appropriating $65,810 from Local Transit Programs 8C Funds (5000) to restore reduced budget lines. The FY 2007/08 budget for Vista East County services was reduced from $36,000 to $5,095. It should be $30,905 to cover actual costs. Also, the FY 2007/08 budget for Metrolink guard services and security camera maintenance was reduced from $46,000 to $3,000. It should be $43,000 to cover actual costs. SAPublic Works\Everyone\Staff Repor1s\2008\May\5-21-08(PM Trap Budget Adjustment).doc x b 1 6 Honorable City Council May 21, 2008 Page 2 FISCAL IMPACT The proposed Budget Amendments will increase FY 2007/08 budget by appropriating $59,196 from Fund 2001 and $65,810 from fund 5000. STAFF RECOMMENDATION (ROLL CALL VOTE) Adopt Resolution No. 2008- Attachment A: Resolution SAPublic Works\Everyone\Staff Reports\2008\May\5-21-08(PM Trap Budget Adjustment).doc 000107 Attachment A RESOLUTION NO. 2008- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2007/08 BUDGET BY APPROPRIATING $59,196 FROM TRAFFIC SYSTEM MANAGEMENT (2001) FOR MOORPARK CITY TRANSIT DIESEL RETROFIT AND BY APPROPRIATING $65,810 FROM LOCAL TRANSIT PROGRAMS 8C (5000) TO RESTORE REDUCED BUDGET LINES WHEREAS, on June 20, 2007, the City Council adopted the budget for Fiscal Year 2007/2008; and WHEREAS, on March 19, 2008, Moorpark City Council adopted Resolution No. 2008-2693, authorizing mid-year amendments to the 2007/08 Fiscal Year Budget; and WHEREAS, Exhibit "A" attached hereto and made a part hereof, describes said budget amendment 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 budget amendment in the aggregate increase of $125,006 as described in Exhibit "A" attached hereto, 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 21St day of May, 2008. Patrick Hunter, Mayor ATTEST: Deborah S. Traffenstedt, City Clerk Resolution No. 2008- Page 2 EXHIBIT A BUDGET AMENDMENT FOR ADJUSTMENTS TO THE PUBLIC TRANSIT BUDGET FY 2007/08 FUND ALLOCATION FROM: Fund Account Number Amount Traffic System Management 2001-5500 $59,196 Fund Sub-total $59,196 Local Transit Programs 8C 5000-5500 $65,810 Sub-total $65,810 Grant Total $125,006 DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS: Account Number Current Budget Revision Amended Budget 2001.8510.0000.9505 0 $59,196 $59,196 5000.8510.8072.9102 $5,095 $25,810 $30,905 5000.8510.8073.9102 $3,000 $40,000 $43,000 Total $8,095 $125,006 $133,101 Approved j, GAC9