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Resolution - 2020-108RESOLUTION NO.2020-108 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA, CALIFORNIA, ADOPTING BUDGET AMENDMENTS FOR THE FISCAL YEAR COMMENCING JULY 1, 2020 AND ENDING JUNE 30, 2021 WHEREAS, the City Manager, on or about June 23, 2020, submitted to the City Council a proposed budget for the appropriation and expenditure of funds for the City of West Covina for Fiscal Year 2020-2021; and WHEREAS, following duly given notice and prior to budget adoption, the City Council held public meetings, receiving, considering and evaluating all comments, and adopted a budget for the fiscal year commencing July 1, 2020 and ending June 30, 2021; and WHEREAS, amendments must periodically be made to the budget to conform to changed circumstances following adoption ofthe budget. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF WEST COVINA, CALIFORNIA DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The City Council hereby approves Budget Amendment No. 015, attached hereto as Exhibit A, to correct account numbers in the 2020-2021 budget document. SECTION 2. The City Council hereby approves Budget Amendment No. 018, attached hereto as Exhibit B, to correct account numbers in the 2020-2021 budget document. SECTION 3. The City Council hereby approves Budget Amendment No. 019, attached hereto as Exhibit C,to amend the budget for issuance ofthe Pension Obligation Bonds, to eliminate the budgeted Contractors License Tax, and to increase the budget for the SB1 maintenance of effort. SECTION 4. The City Clerk shall certify to the adoption of these resolutions and shall enter the same in the book of original resolutions and it shall become effective immediately. APPROVED AND ADOPTED this 20th day APPRO AS TO FORM ATTEST r le Thomas P. Du6te Lisa herrick City Attorney As taut City Clerk I, LISA SIIERRICK, Assistant City Clerk of the City of West Covina, California, do hereby certify that the foregoing Resolution No. 2020-108 was duly adopted by the City Council of the City of West Covina, California, at a regular meeting thereof held on the 20th day of October, 2020, by the following vote of the City Council: AYES: Castellanos, Johnson, Lopez-Viado, Wu NOES: Shewmaker ABSENT: None ABSTAIN: None Lisa Wrrick �— Ass' nt City Clerk EXHIBIT A BUDGET AMENDMENTNO.015 Requested by: Dept/Div: CITY OF WEST COVINA Posted By: BUDGET AMENDMENT Date Posted: Fiscal Year: Amount: Description: Account Number Dept/Account Description Current Budget ropose Amendment Amended Budget 189.61,7003.7900 CIP- MI 75 000.00 75 000.00 - 189.80,7007.7300 Sewer - 75 000.00 75 000.00 189.61.7003.7900 CIP- Misc 152 600.00 152 600.00 - 189.80.7007.7300 Sewer - 152 600.00 152 600.00 189.61.7003.7900 CIP - Misc 1,500,000.00 1 500 000,00 - 189.80.7007.7300 Sewer 1,500,000.00 1,500,000.00 189.61.7003.7900 CIP - Misc 295 000.00 295 000.00 - 189.80.7007.7300 Sewer 295 000.00 295 000.00 189.61.7003.7900 CIP - Misc 230 000.00 230 000.00 - 189.80.7007.7300 Sewer 230 000.00 230 000.00 189.61.7003.7900 CIP - Misc 140 000.00 140 000.00 - 189.80.7007.7300 Sewer -M 140 000.00188.61.4141.7200 Streets 500 000.00 - 188.80.7005.7200 Streets - 500 000.00122.80.7003,7900 CIP- Mlsc 10 000.00 - 122,80.7005.7200 Streets -0 10 000.00237.80.7005.7700 CIP - Park 2 067 148.000 - 237.80.7005.7200 Streets - 2 067 148.00 2,067,148.00 197.61.4160.7900 CIP - Misc 1,000,000.00 (1,00 000.00)- 197.80.7005.7200 Streets - 1 000 000.00 1,000,000.00 189.61.7003.7900 CIP- Misc 50 000.00 50 000,00 - 189.80.7005.7200 Streets - 50 000.00 50 000.00 124.61.4150.7900 CIP - Misc 60 000.00 60 000.00 - 124,80.7006.7800 St Light & Traffic Signal - 60 000.00 60 000.00 124.61.4150.7900 CIP - Misc 30 000.00 30 000.00 - 124.80.7006.7800 St LI ht & Traffic Signal - 30 000.00 30 000.00 119.61.4183.7900 CIP - Misc 40 000.00 40 000.00 - 119.80.7008.7170 Vehicles & Mobile Equipment - 40 000.00 40 000,00 [This is to correct the budgeted funds Into the prior years' account structure. City Council Approval Date (If required, attach minutes): Dept Head Approval: Finance Director: ❑ Approval Not Required Date: a,� Date: to•"•A.0 City Manager: Date: (If over $100,000) EXHIBIT B BUDGET AMENDMENTNO.018 CITY OF WEST COVINA BUDGET AMENDMENT BA # 018 Posted By: Date Posted: Date: 9/30/2020 Fiscal Year: 2020-21 Requested by: F Maldonado Amount: $0.00 Dept/Div: Finance Description: Reclass Budget Funds to Current Account Structure G vn CAIMTTF /ECG' Account Number Dept/Account Description Current Budget Proposed Amendment Amended Budget 820,22.2210.7700 CIP- Parks 310 000.00 310,000.00 - 162.80.7003.7900 CIP- Misc 310 000.00 310,000.00 236.80.7004.7700 CIP - Parks 80,000.00 80 000.00 - 143.80.7004.7700 CIP - Parks 80 000.00 80 000.00 236.80.7004.7700 CIP- Parks 500,000.00 500 000.00 - 143.80.7004.7700 CIP- Parks 500,000.00 500 000.00 890,000.00 - 890 000.00 OCR/CA/I ICC Account Number Account Description Current Budget Proposed Amendment mended Budget REASON/JUSTIFICATION (Please be specific) This amendment is to correct the budgeted fund and account number into the prior years' account structure. APPROVALS City Council Approval Date (if required, attach minutes): ❑ Approval Not Required Dept Head Approval: Date: Finance Director: 0-9,," Date: %o, zi. • AO Funds Available? B-(es ❑No City Manager: Date: ;If over $100,000) ❑ Approved ❑Denied EXHIBIT C BUDGET AMENDMENTNO.019 Date: Requested by: Dept/Div: EXPENDITURES BA *019 CITY OF WEST COVINA Posted By: BUDGET AMENDMENT Date Posted: Fiscal Year: 2020-21 Amount: Description: Account Number Dept/Account Description Current Budget Proposed Amendment Amended Budget 110.13.1350.5181 PERS UAL PMT - Safety 144,842,922 144,842,922 110.13.1350.5182 PERS UAL PMT - Miscellaneous - 40,739,318 40,739,318 300.13.1350.6432 Costs of Bond Issuance 1,083,165 1,083,165 300.95.9500.9110 Transfer Out 185,582,240 185,582,240 110.95.9500.9124 Transfer Out - 567,148 567,148 a814 372,814,793 Account Number Account Description Current Budget Proposed Amendment Amended Budget 110.00.9100.9300 Transfer In - 185,582,240 185,582,240 300.00.4853 Debt Proceeds 204095,000 204,095,000 110,00.4160 Contractors License Tax 300 000.00 (300,000) - 124.00.9100.9110 Transfer In - 567,148 567,148 1. Pension Obligation Bonds 2. Eliminate Contractors License Tax Revenue APPROVALS City Council Approval Date (if required, attach minutes): 10/20/2020 ❑ Approval Not Required Dept Head Approval: Date: Finance Director: ,/CL .I .� Date: 1A..t6 • a.O Funds Available? dyes ❑No City Manager: Date: (if over $i00,000) ❑ Approved ❑Denied