Loading...
Resolution - 2021-14RESOLUTION NO.2021-14 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA, CALIFORNIA, ADOPTING A BUDGET AMENDMENT FOR THE FISCAL YEAR COMMENCING JULY 1, 2020 AND ENDING DUNE 30, 2021 (SECOND QUARTER FINANCIAL REPORT) 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 for West Covina for Fiscal Year 2020-21; and WHEREAS, following duly given notice and prior to budget adoption, the City Council held public meetings, considered and evaluated 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 of the budget. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF WEST COVINA, CALIFORNIA DOES RESOLVE AS FOLLOWS: SECTION 1. The City Council hereby approves Budget Amendment No. 34, attached hereto as Exhibit No. 1, for Fiscal Year 2020-2 1. SECTION 2. The City Cleric shall certify to the adoption of this resolution and shall enter the same in the book of original resolutions and it shall become effective immediately. APPROVED AND ADOPTED this 2nd day of March, 2021. IXK Tity !r1PrL1'j Mayor APPRO TO FORM ATTEST �i Thom . DXtJ Lisa Sk rick City Attorney Assist t City Clerk I, LISA SHERRICK, Assistant City Clerk of the City of West Covina, California, do hereby certify that the foregoing Resolution No. 2021-14 was duly adopted by the City Council of the City of West Covina, California, at a regular meeting thereof held on the 2nd day of March, 2021, by the following vote of the City Council: AYES: Castellanos, Diaz, Lopez-Viado, Tabatabai, Wu NOES: None ABSENT: None ABSTAIN: None v Lisa erriclk Assi ant City Cleric EXHIBIT NO. 1 BA # 034 CITY OF WEST COVINA Posted By: BUDGET AMENDMENT Date Posted: Date: 3/2/2021 Fiscal Year: 2020-21 Requested by: Robbeyn Bird Amount: N/A Dept/Div: Various Description: Mid -year Review 2nd Quarter Financial Report rerun rrUnrc Account Number Dept/Account Description Current Budget Proposed Amendment Amended Budget 110.32.3210.5129 Mutual Aid OT 214,500 885,500 1 100 000 110.14.141046111 Le al Services 25,000 250,000 275,000 110.14.1410.6110 Professional Services 125,000 250,000 375,000 110.32.3210.6424 Capitalized Lease Payments 46,944 184,500 231,444 110.95.9500.9300 Transfer Out 1,620,322 3,560,534 5,180,856 110.1341350.5183 PERS UAL Pmt - SafetylMisc 11,870,931 8 787 891 3,083,040 300.95.950049179 Transfer Out - 1,000,000 1,000,000 363.15.1510.6490 Miscellaneous Reimbursements 1,600,000 1 000 000 600 000 411 444 1 570 000 1 981 444 RE Account Number Account Description Current Budget Proposed Amendment Amended Budget 110.00.4130 Transient Occupancy Tax 1,855,400 (927,700) 927,700 110.00.4580 Prop A Exchange 1,650,000 (300,000) 1,350,000 110.00.9169 Transfer In - 1 034 800 1 034 800 110.32.4901 Mutual Aid Cost Reimbursement 330,000 1,070,000 1 400 000 110.31.4140 False Alarms 100,000 (100,000 - APPROVALS City Council Approval Date (if required, attach minutes): ❑ Approval Not Required Dept Head Approval: Date: Finance Director: R 1 L-A Date: - q • 1� Funds Available? ❑ Yes ❑No City Manager: Date: �3-1 b' Z 1 (ir over $100,000) ❑ Approved ❑Denied FYOFNATT//OFC Account Number Account Description Current Budget Proposed Amendment Amended Budget 110,31.4575 School Resource Officer 300,000 300 000 - 110.00.4590 State COVID Relief Funds 1,308,800 1,308,800 300.00.9110 Transfer In 1,620,322 3,560,534 5,180,856 179.00.9300 Transfer In 1,000 000 1,000,000