HomeMy WebLinkAboutRES CC 2017 3574 2017 0201 RESOLUTION NO. 2017-3574
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR
2016/2017 BUDGET TO APPROVE APPROPRIATION
ADJUSTMENTS AND FUND TRANSFERS FROM THE
GENERAL FUND (1000) TO COVER FISCAL YEAR 2015/2016
YEAR-END DEFICITS FOR CERTAIN ASSESSMENT
DISTRICT FUNDS
WHEREAS, on May 18, 2016, the City Council adopted Resolution No. 2016-3501
approving the Engineer's Report; confirming diagram and assessment; and ordering the
continuation of assessments for fiscal year (FY) 2016/2017 for the City Landscaping and
Lighting Maintenance and Assessment Districts (AD); and
WHEREAS, on June 15, 2016, the City Council adopted Resolution No. 2016-3516
approving the Operating and Capital Improvement Budget for FY 2016/2017, which
includes $357,468.00 transfers from the General Fund to cover the estimated FY
2015/2016 deficits in certain AD funds; and
WHEREAS, a staff report has been presented to the City Council summarizing the
actual FY 2015/2016.fund deficits of $265,232.11 in various AD funds; and the same
report is recommending a decrease in appropriations totaling $92,235.89 in the General
Fund to match the required fund transfers to eliminate the mentioned deficits; and
WHEREAS, said staff report has been presented to the City Council requesting
fund transfers in the aggregate amount of$265,232.11; and
WHEREAS, Exhibit "A", attached hereto and made a part hereof, describes said
budget amendments and the resultant impact to the budget line items.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES
HEREBY RESOLVE AS FOLLOWS:
SECTION 1. A Budget Amendment to reduce appropriations by $92,235.89 in
the General Fund to eliminate the FY2015/2016 deficits in certain AD funds, as more
particularly described in Exhibit"A", is hereby approved.
SECTION 2. That a fund transfer in the aggregate amount of $265,232.11 as
particularly described in Exhibit "A", is hereby approved.
Resolution No. 2017-3574
Page 2
SECTION 3. 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 February, 2017.
'4 ``t/ _
ani - S. Parvin, Mayor
ATTEST:
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Maureen Benson, City Clerk Pi? 07.
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Attachment: Exhibit 'A': Budget Amendment and Fund Transfer Detail
Resolution No. 2017-3574
Page 3
Exhibit A
Budget Amendment for
General Fund to Adjust Transfers
Required to Fund Fiscal Year 2015/2016 Year-End Deficits
In Certain Assessment District Funds
Fiscal Year 2016/2017
A. Fund Allocation
Fund/Account No. Fund Description Amount
1000-000-00000-33990 General Fund ($92,235.89)
Total ($92,235.89)
B. Fiscal Year 2016/2017 Budget Appropriation
Budget Number Adjusted Budget Budget Change Revised Budget
FROM:
1000-542-00000-59010 $357,468.00 ($92,235.89) $265,232.11
TO:
2300-000-00000-49010(Lighting) $130,200.00 ($8,932.66) $121,267.34
2300-000-00000-49010 (Landscaping) $83,961.00 ($45,719.26) $38,241.74
2301-000-00000-49010 $9,169.00 ($2,118.67) $7,050.33
2305-000-00000-49010 $48,643.00 ($3,826.55) $44,816.45
2306-000-00000-49010 $23,430.00 ($22,989.74) $440.26
2307-000-00000-49010 $14,751.00 ($2,971.66) $11,779.34
2308-000-00000-49010 $40,446.00 ($7,130.23) $33,315.77
2309-000-00000-49010 $3,533.00 ($327.44) $3,205.56
2311-000-00000-49010 $0.00 $2,293.23 $2,293.23
2314-000-00000-49010 $3,335.00 ($512.91) $2,822.09
Total $357,468.00 ($92,235.89) $265,232.11
C. Appropriation Allocation
To Be Transferred to Account _ Fund 1000
2300-000-00000-49010 Street Lighting $121,267.34
2300-000-00000-49010 Landscaping $38,241.74
2301-000-00000-49010 $7,050.33
2305-000-00000-49010 $44,816.45
2306-000-00000-49010 $440.26
2307-000-00000-49010 $11,779.34
2308-000-00000-49010 _ $33,315.77
2309-000-00000-49010 $3,205.56
2311-000-00000-49010 $2,293.23-
2314-000-00000-49010 $2,822.09
Total $265,232.11
Resolution No. 2017-3574
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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. 2017-3574 was
adopted by the City Council of the City of Moorpark at a regular meeting held on the 1st
day of February, 2017, and that the same was adopted by the following vote:
AYES: Councilmembers Mikos, Pollock, Simons, Van Dam, and Mayor Parvin
NOES: None
ABSENT: None
ABSTAIN: None
WITNESS my hand and the official seal of said City this 8th day of February,
2017.
Maureen Benson, City Clerk
(seal)