HomeMy WebLinkAboutRES CC 2017 3660 2017 1220 RESOLUTION NO. 2017-3660
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR
2017/2018 BUDGET TO APPROVE APPROPRIATION
ADJUSTMENTS AND FUND TRANSFERS FROM THE
GENERAL FUND (1000) AND THE GAS TAX FUND (2415) TO
COVER FISCAL YEAR 2016/2017 YEAR-END DEFICITS FOR
CERTAIN ASSESSMENT DISTRICT FUNDS
WHEREAS, on June 7, 2017, the City Council adopted Resolution No. 2017-3599
approving the Engineer's Report; confirming diagram and assessment; and ordering the
continuation of assessments for fiscal year (FY) 2017/2018 for the City Landscaping and
Lighting Maintenance and Assessment Districts (AD); and
WHEREAS, on June 21, 2017, the City Council adopted Resolution No. 2017-3602
approving the Operating and Capital Improvement Budget for FY 2017/2018, which
includes an aggregate of $330,790.00 transfers from the General Fund ($94,453.00) and
Gas Tax Fund ($236,337.00) to cover the estimated FY 2016/2017 deficits in certain AD
funds; and
WHEREAS, a staff report has been presented to the City Council summarizing the
actual FY 2016/2017 fund deficits of $224,340.73 in various AD funds; and the same
report is recommending a decrease in appropriations totaling $106,449.27 in the General
Fund ($34,573.43) and Gas Tax Fund ($71,875.84) 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 $224,340.73 from the General Fund
($59,879.57) and Gas Tax Fund ($164,461.16); 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. An aggregate budget amendment decrease of $106,449.27 in
General Fund ($34,573.43) and Gas Tax Fund ($71,875.84) to eliminate the FY
2016/2017 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 $224,340.73 as
particularly described in Exhibit "A", is hereby approved.
Resolution No. 2017-3660
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 20th day of December, 2017.
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re S. Parvin, Mayor
ATTEST:
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Maureen Benson, City Clerk Pri-0'.r'�
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Attachment: Exhibit 'A': Budget Amendment and Fund Transfer Detail
Resolution No. 2017-3660
Page 3
Exhibit A
Budget Amendment for
General Fund and Gas Tax Fund to Adjust Transfers
Required to Fund Fiscal Year 2016/2017 Year-End Deficits
In Certain Assessment District Funds
Fiscal Year 2017/2018
A. Fund Allocation
Fund/Account No. Fund Description Amount
1000-000-00000-33990 General Fund _ ($34,573.43)
2415-000-00000-33990 Gax Tax Fund ($71,875.84)
Total ($106,449.27)
B. Fiscal Year 2017/2018 Budget Appropriation
Budget Number Adjusted Budget Budget Change Revised Budget
FROM:
1000-542-00000-59010 $94,453.00 ($34,573.43) $59,879.57
2415-312-00000-59010 $141,884.00 ($37,302.40) $104,581.60
2415-542-00000-59010 $94,453.00 ($34,573.44) $59,879.56
Total $330,790.00 ($106,449.27) $224,340.73
TO:
2300-000-00000-49010 (Lighting) $141,884.00 ($37,302.40) $104,581.60
2300-000-00000-49010 (Landscaping) $102,933.00 ($38,448.52) $64,484.48
2301-000-00000-49010 $11,186.00 ($4,166.64) $7,019.36
2305-000-00000-49010 $57,510.00 ($16,330.19) $41,179.81
2306-000-00000-49010 $606.00 ($606.00) $0.00
2308-000-00000-49010 $6,172.00 ($5,656.10) $515.90
2309-000-00000-49010 $6,034.00 ($2,482.75) $3,551.25
2314-000-00000-49010 $4,465.00 ($1,456.67) $3,008.33
Total $330,790.00 ($106,449.27) $224,340.73
C. Appropriation Allocation
From From
To Be Transferred to Account Fund 1000 Fund 2415 TOTAL
2300-000-00000-49010 Street Lighting $0.00 $104,581.60 $104,581.60
2300-000-00000-49010Landscaping $32,242.24 $32,242.24 $64,484.48
2301-000-00000-49010 $3,509.68 $3,509.68 $7,019.36
2305-000-00000-49010 $20,589.91 $20,589.90 $41,179.81
2308-000-00000-49010 $257.95 $257.95 $515.90
2309-000-00000-49010 $1,775.62 $1,775.63 $3,551.25
2314-000-00000-49010 _ $1,504.17 $1,504.16 $3,008.33
Total $59,879.57 $164,461.16 $224,340.73
Resolution No. 2017-3660
Page 4
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. 2017-3660 was
adopted by the City Council of the City of Moorpark at a regular meeting held on the
20th day of December, 2017, and that the same was adopted by the following vote:
AYES: Councilmembers Mikos, Pollock, Simons, and Mayor Parvin
NOES: None
ABSENT: Councilmember Van Dam
ABSTAIN: None
WITNESS my hand and the official seal of said City this 4th day of January,
2018.
Maureen Benson, City Clerk
(seal)
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