HomeMy WebLinkAboutResolution No. 2023-C12RESOLUTION NO. 2023-C12
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA
ADOPTING MID-YEAR BUDGET ADJUSTMENTS FOR THE CITY OF
AZUSA FOR THE FISCAL YEAR COMMENCING JULY 1, 2022 AND
ENDING JUNE 30, 2023
WHEREAS, on June 20, 2022, City Council of the City of Azusa adopted the City- wide
Fiscal Year 2022-23 Operating and Capital Budgets; and
WHEREAS, on March 6, 2023, the City Council of the City of Azusa met and reviewed the
mid-year financial status of the General Fund, Gas Tax Fund, Fire Safety Special Revenue Fund, Sewer
Enterprise Fund, Risk Management/Liability and Information Technology Internal Services Funds,
SBl Road Maintenance Rehab Account and American Rescue Plan Act Special Revenues Funds, and
considered recommendations for budget amendments.
NOW, THEREFORE, BE IT RESOLVED, THE CITY COUNCIL OF THE CITY
OF AZUSA DOES APPROVE AND ADOPT THE FOLLOWING FISCAL YEAR 2022-23
BUDGET AMENDMENTS:
SECTION 1.
Mid-Year Budget Adjustments for Fiscal Year 2022/23
Account Codinglncrense/(Decreasc)
ExpenditureJustification for Adiuxtnient RevenueExpendituresRevenuesDescriptionDepartment
Administration
Administration
KMSX2COOO-SUSHigher interest earnings from increased rates
673,269 Remittance of 20% Low Mod coilcctions to LA
County from Successor Agency Enterprise Loan
S 107.000Treasury
Contribution to Other Agencies
A.
1090000000-7010n.
repayment
(2,i00,000) Savings from position vacancies
Program Supplemental Refuse Fee to be
collected FY 2023/24 for FY 2022/23 activities
Removal of budget due to funds being expended in
prior year. $9,659,054 of SIOM allocation for
government services applied to public safety in
FY 2021/22 Of total SI 1,954.843 ARJ»A award.
$340,947 remains for government services and
$1,954,843 for homelessness services. Tire
homelessness funds will be programmed into
budget in the year in which funds arc expected to
he used.
5,549,208 Transfers to Internal Service Funds (ff. Capital,
Self-Insurance) to cover accumulated negative
fund balances
Transfers to Internal Service Funds (fl', Capitol,
Self-Insurance) to cover accumulated negative
fund balances
Measure 7, soles tax revenues higher than
anticipated
Ruildingdivision revenues from cost/revenue
sharing agreement with Transtech higher than
expected
Citrus Promenade property not yet occupied as
expected
Use of remaining $10M ARPA funds allocated
for government services - public safety
to9onoooocsr<09S
Salary Savings
Supplemental Refuse Fee
C.Administration
Administration io9aoooaoo-it5T500,00013.
1090000000-4899American Rescue Plan Act Funds (5.977,421)U.City wide
t0900000nO-S9SOTransfers OutF.Citywide
1U90000000-S940174,409Transfers OutF.Citywide
lOTOUXXOO-IIUK250,000O.Transaction Use foxCitywidc
I03S62000CM798Consultant Plan Check Fccs/Othcr 85.000Econ & Comm DevII.
imMsuo-uia(68.930)Econ & Comm Dev RentsI.
ia20)inooo-5»w340.947American Rescue Plan Act FundsK.Public Safety
4,122,477General Fund Total Incrense/(Decrease! $(4,588,995) S
Mooanooa-tso)Use of remoi ni ng $ 1OM ARPA funds allocated
for government services - public safety
340,947 Use of remaining $ lOM ARPA funds allocated
for government services - public safety
Transfer from General Fund to cover accumulated
negative fund balances
340,947American Rescue Plan Act l-undsE.ARPA
uaoaooooo-iisoAmerican Rescue Plan /\ct FundsEARl’A
-l«(»C»0000-S940240,912Capital &
Infrastructure
Replacement
Information
Technology
Public Works
Transfers InF.
4900000000-5950174,409 Transfer from General Fund to cover accumulated
negative fund balances
953.945 FY2021/22 programmed SB 1 Roadway
Maintenance and Rehab funds to be combined
with FY 2022/23
Transfer from General Fund to cover accumulated
negative fund balances
Transfers InF.
assoQoofiet-7i2iv
66I2X;Residential Roadway RehabJ.
425092.V100-59W5,308,296Self-Insurance 1'ransfcrs InF.
IJ01.I60 $5,591.778All Funds Total lncrexsc/(Dccrease)S
Net Fund Balance ChangeExirendituresTotal Mid-Year Adjustments Revenues
(8,711,472)
4.420.854
(4.588.995) $
5.890,155
4,122,477 $$General Fund Total
Other Funds Total
All Funds Total
1,469,301
(4J90.618)5,591,778 S1301,160 $S
SECTION 2. The City Clerk shall certify as to the adoption of this resolution.
PASSED, APPROVED and ADOPTED this 6^’’ day of March 2023.
Mayor
ATTEST:
)STATE OF CALIFORNIA
COUNTY OF LOS ANGELES
CITY OF AZUSA
) ss.
)
I HEREBY CERTIFY that the foregoing Resolution No. 2023-C12 was duly adopted by the
City Council of the City of Azusa, at a regular meeting of said City Council held on the 6
day of March 2023, by the following vote of the Council:
TH
COUNCILMEMBERS: GONZALES, ALVAREZ, AVILA, MENDEZ, BECKWITH
COUNCILMEMBERS:
AYES:
NOES:
ABSENT: COUNCILMEMBERS
€eUi
ornejo, Jr.Jeffeiy^Lzn
Cit/Clcrk
rei
APPROVED AS TO FORM:
Best B^& KriegerL^P ^
City Attorney