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HomeMy WebLinkAboutAGENDA REPORT 1995 1101 CC REG ITEM 08PITLL CITY OF MOORPARK CITY COUNCIL AGENDA REPORT TO: The Honorable City Council 1 FROM: Donald P. Reynolds Jr., Administrative Services Manager DATE: October 25, 1995 SUBJECT: Request to Transfer $4,000 from the Unreserved Balance Available in State Transit Monies (Transit Development Act, or TDA, Article &C.) for the Metro Link Station Repairs and Supplies Discussion The maintenance and repairs of the Metro Link facility will cost an anticipated $4,000 in FY 1995/96. This amount was inadvertently left out of the original budget. In 1994/95, the City appropriated $8,000 for special supplies to be used to maintain the Metro Link parking lots and facility and expended $303.26. These expenditures are for graffiti removal/paint, tree trimming, cleaning the pavement at the bus transfer station, street light fixtures and other small purchases. Staff is requesting that the $4,000 be added as originally requested by the Assistant to the City Manager, from the Transit Funds (TDA Article 8.C., Fund 12) to line item 01.4.151.658. Costs to Fund 12 are recorded into the General Fund throughout the year, (which is why the request is to a line item from the General Fund), and then reimbursed before the year -end closing. This transaction can be summarized as follows: Fund FY 1995/96 Dept. Fund Line Item Fund 01 & Amended Estimated Increase/ Line Item Est. Fund Fund Balance Decrease Increase/ Balance Decrease TDA 8.C/ $164,666 1.51 ($4,000) 658 $4,000 $160,666 FUND 12 Recommendation That the City Council authorize the transfer of $4,000 from the unreserved balance available in Fund 12, to the General Fund (01) and be appropriated to Equipment Repairs and Supplies, line item 01.4.151.658. ouLlu