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HomeMy WebLinkAboutRES CC 2018 3712 2018 0606 RESOLUTION NO. 2018-3712 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2017/2018 BUDGET BY APPROPRIATING $13,000.00 FROM THE GENERAL FUND (1000) FOR SLOPE REPAIR LOT Q MERIDIAN HILLS (M0036) WHEREAS, on June 21, 2017, the City of Moorpark adopted the Operating and Capital Improvement Projects budget for Fiscal Year(FY) 2017/18; and WHEREAS, the City Council authorized repairs to be made on the slope of Lot Q within Meridian Hills on October 4, 2017; and WHEREAS, the City General Fund received reimbursement from Charles Abbott and Associates in the amount of$98,236.00; and WHEREAS, a budget amendment of $13,000.00 is requested from the General Fund (1000) to fully fund the repairs; and WHEREAS, Exhibit "A", attached hereto and made a part hereof, describes said budget amendment and the resultant impact to the budget line item. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. A budget revenue estimate increase of $98,236.00 and an expenditure increase of $13,000.00 from the General Fund (1000), 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 6th day of June, 2018. Mrice S. Parvin, Mayor ATTEST: Maureen Benson, City Clerk 0%05 Exhibit A— Budget Amendment � .44111111111p T•ea JVL Resolution No. 2018-3712 Page 2 EXHIBIT A BUDGET AMENDMENT FOR SLOPE REPAIRS LOT Q MERIDIAN HILLS FROM GENERAL FUND (1000) FISCAL YEAR 2017/18 FUND BALANCE ALLOCATION: Fund-Account Fund Title Number Amount General Fund 1000-000-00000-33990 $ (10,236.00) Total $ (10,236.00) REVENUE: Current Amended Account Number Budget Revision Budget 1000-000-M0036-44100 $ 0.00 $ 98,236.00 $ 98,236.00 Total $ - $ 98,236.00 $ 98,236.00 EXPENDITURE APPROPRIATION: Current Amended Account Number Budget Revision Budget 1000-223-M0036-53000 $ 75,000.00 $ 13,000.00 $ 88,000.00 Total $ 75,000.00 $ 13,000.00 $ 88,000.00 Resolution No. 2018-3712 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. 2018-3712 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 6th day of June, 2018, and that the same was adopted by the following vote: AYES: Councilmembers Mikos, Simons, and Mayor Parvin NOES: None ABSENT: Councilmember Van Dam ABSTAIN: Councilmember Pollock WITNESS my hand and the official seal of said City this 12th day of June, 2018. Maureen Benson, City Clerk (seal) ,1%.1Wr 01140131 trt*, moo $4 x'141*•esv`