HomeMy WebLinkAboutRES CC 2017 3616 2017 0726 RESOLUTION NO. 2017-3616
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR
2017/18 BUDGET TO ALLOCATE $42,338.00 FROM THE
ENDOWMENT FUND (2018) AND $19,020.00 FROM THE CITY
AFFORDABLE HOUSING FUND (2123) FOR GEOLOGICAL
TESTING AT VARIOUS CITY-OWNED SITES
WHEREAS, on June 21, 2017, the City Council adopted the Operating and
Capital Improvement Projects Budget for Fiscal Year 2017/18; and
WHEREAS, a staff report has been presented to the City Council requesting an
aggregate expenditure budget increase of $42,338.00 from the Endowment Fund
(2018) and $19,020.00 from the City Affordable Housing Fund (2123) for geological
testing at various city-owned sites; and
WHEREAS, Exhibit "A", attached hereto and made a part hereof, describes said
budget amendment 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. An expenditure budget increase of $42,338.00 from the
Endowment Fund (2018) and $19,020.00 from the City Affordable Housing Fund (2123),
as more particularly 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 26th day of July, 2017.
Ja ce S. Parvin, Mayor
ATTEST:
ms `s
Maureen Benson, City Clerkrw.
Exhibit A — Budget Amendment
Resolution No. 2017-3616
Page 2
EXHIBIT A
BUDGET AMENDMENT FOR
GEOLOGICAL TESTING AT VARIOUS CITY-OWNED SITES
FROM ENDOWMENT FUND (2018) AND CITY AFFORDABLE HOUSING FUND (2123)
FISCAL YEAR 2017/18
FUND BALANCE
ALLOCATION:
Fund-Account
Fund Title Number Amount
Endowment Fund 2018-000-00000-33990 $ 42,338.00
City Affordable Housing Fund 2123-000-00000-33990 $ 19,020.00
Total $ 61,358.00
EXPENDITURE APPROPRIATION:
Current Amended
Account Number Budget Revision Budget
2018-172-00000-51000 $ 45,000.00 $ 42,338.00 $ 87,338.00
2123-172-00000-51000 $ - $ 19,020.00 $ 19,020.00
$ - $ -
Total $ 45,000.00 $ 61,358.00 $ 106,358.00
Resolution No. 2017-3616
Page 3
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. 2017-3616 was
adopted by the City Council of the City of Moorpark at a special meeting held on the
26th day of July, 2017, and that the same was adopted by the following vote:
AYES: Councilmembers Mikos, Pollock, Van Dam, and Mayor Parvin
NOES: None
ABSENT: Councilmember Simons
ABSTAIN: None
WITNESS my hand and the official seal of said City this 21st day of August,
2017.
Maureen Benson, City Clerk
(seal)