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HomeMy WebLinkAboutResolution No. 2024-C20RESOLUTION NO. 2024-C20 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, 2023 AND ENDING JUNE 30, 2024 WHEREAS, on June 19,2023, City Council of the City of Azusa adopted the City-wide Biennial Fiscal Year 2023-24 and Fiscal Year 2024-25 Operating and Capital Budgets; and WHEREAS, on April 15,2024, 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 Rehabilitation, and Proposition C, 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 2023-24 BUDGET AMENDMENTS: SECTION 1. On April 15, 2024, the City Council of the City of Azusa met and reviewed the mid-year financial status of the City budget and considered and approved the following recommendations for budget amendments: Mid-YearBudget Adjustments for Fiscal Year2023/24 Increase/(Decrease) Revenues Expenditures Account CodingDivi: DescriptionFundDepailment (574,002) $2920331000-5940Public Safety Conti Fire Sen'ices Transfer InFire Services Conti Fire Services Contract Fee (574,002) 2920331000-6401Fire Services Public Safety 4250923000-6740 1090000000-4795 10900000(KMI01 10900000004108 10900000004147 RiskMngmnt General Fund General Fund Cieneral Fund General Fund Admin Services Admin Services Admin Services Admin Services Admin Services Cityv\ Claims Expense General Liability Cityw Claims Expense General Liability Allocatioi Cityw Sales Tax CitywTransaction Use Tax(TUT) City\\ Franchise Fee-Soulhem Cal Gas Conpany 500,000 161,800 (73,653) (197,292) 50,779 Cityw Fire Services Trans fer Out (574,002) 1090000000-5950General Fund Admin Services Admin Services Cityw Infomiation Technology TransferOut 40,175 1090000000-6670Genera! Fund 50,000 (122,000) 10356300004112 10356300004161 General Fund General Fund Econ & Com Dev Econ & Com Dev Econ Hazardous Waste Tax Econ I lost Fee - Materials Recovery Facility Econ & Com Dev Econ [.and Excavation Tax 178,195 10356300004120General Fund Rea! 1 Rental Income From Promenade 208,761 10356450004412General Fund Econ & Comm Dev Public Works Parks Open Space 85,000 10554200004899Cjcneral Fund Public Works Public Works Public Works Streei SBl Sew'c Claims E^ense General Liability Allocatioi Streei Gas Tax (39,288)05556610004507 3455665000-6493 12556610004509 SBl 14,550Sewer Gas Tax (55,799) Public Works Streei Gas Tax (14,924)12556610004510Gas Tax Gas Tax Public Works StreelGas Tax 21,844 12556610004511 Gas Tax Public Works StreelGas Tax 1,500 12556610004512 (23,949)12556610004513Gas Tax Public Works StreelGas Tax 48499300004762Info Transfer In Tech Info ComputcrSoflware/Licensing Tech Info Conpulcr Softw'arc/ Licens ing Tech Prop ' Maim & Rcpairs/Bldgs 80,350Info Tech Info Tech 40,175 4849930000-6504Info Tech Info Tech 40,175 4849942000-6504Info Tech Info Tech 45,000 1725521301-6815Comm ResourcesProp C $ (262,678) S (467,929)Total Incrcase/(Decreasc) SECTION 2. The City Clerk shall certify as to the adoption of this resolution. PASSED, APPROVED and ADOPTED this day of April 2024. 2 Robert GoTizales Mayor ATTEST: ace Cornej ity Clerl STATE OF CALIFORNIA COUNTY OF LOS ANGELES ) ss. CITY OF AZUSA ) ) I HEREBY CERTIFY that the foregoing Resolution No. 2024-C20 was duly adopted by the City Council of the City of Azusa, at a regular meeting of said City Council held on the 15™ day of April 2024, by the following vote of the Council: AYES: COUNCILMEMBERS: GONZALES. ALV.AREZ. .AVILA. MENDEZ. BECKWITH NOES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS: omejo, Jr. / 2. Cfty Clerk APPROVED AS TO FORM 3tt & Krie^r,|LLP 1Best City Attorney