Resolution - 2021-54RESOLUTION NO.2021-54
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 JUNE 30, 2021 (THIRD 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. 43, attached
hereto as Exhibit No. 1, for Fiscal Year 2020-21.
SECTION 2. The City Clerk 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 18th day of May, 2021.
TMWMayor
APPRW;ORM ATTEST
Thomas f. Dua e Lisa S errick
City Attorney Assis nt City Clerk
I, LISA SHERRICK, Assistant City Clerk of the City of West Covina, California, do hereby
certify that the foregoing Resolution No. 2021-54 was duly adopted by the City Council of the City
of West Covina, California, at a regular meeting thereof held on the 18th day of May, 2021, by the
following vote of the City Council:
AYES: Diaz, Lopez-Viado, Tabatabai, Wu
NOES: None
ABSENT: Castellanos
ABSTAIN: None
Lisa Sherrie
Assistant Ci Clerk
EXHIBIT NO. I
CITY OF WEST COVINA
BUDGET AMENDMENT
BA # 043
Posted By:
Date Posted: 5 " Zo "�L t
Date: 5/18/2021 Fiscal Year: 20-21
Requested by: Robbeyn Bird Amount: 10,387,710.00
Dept/Div: Finance Description: Quarterly Review
3rd Qtr Financial Report
EXPENDITURES
Account Number
Dept/Account Description
Current Budget
ropose
Amendment
Amended
Budget
110.95.9500.9160
Transfer Out
4,893,321.00
4,893,321.00
21030.160.7700
Shadow Oak Park Restrooms
160.80.7004.7700
CIP Parks
408
600.00
408,600.00
21032.160.7500
Dispatch New Roof
160.80.7001.7500
Buildings
60
000.00
60
000.00
21033.160.7500
Energy Efficiency Pro'ec
160.80.7001.7500
Buildings
2 805
162.00
2,805,162.00
21034.160.7500
Fire Bldg Improvements
160.80.7001.7500
Buildings
1 619
559.00
1,619,559.00
21030.110.7700
Shadow Oak Park Restrooms
110.80.7004.7700
CIP Parks
408 600.00
408
600.00
21032.110.7500
Dispatch New Roof
110.80.7001.7500
Buildings
60 000.00
60
000.00
-
21033.110.7500
Energy Efficiency Pro'ec
-
110.80.7001.7500
Buildings
2,805,162.00
2,805
162.00
21034.110.7500
Fire Bldg Improvements
110.80.7001.7500
Buildings
1,619,559.00
1 619
559.00
110.95.9500.9233
Transfer Out
210
021.00
210
021.00
110.13.1350.5183
PERS UAL Pmt - Safet /Misc
3,083,040.00
1 650
036.00
1,433,004.00
160.95.9500.9110
Transfer Out
179
510.00
1 179
510.00
810.95.9500.9853
Transfer Out
1,629,548.00
1,629,548.00
169.95.9500.9110
Transfer Out
1,034,796.00
1,034,796.00
169.71.5110.6114
Escrow Costs
14
882.00
14
882.00
169.71.5110.6421
Principal Payment
500
000.00
500
000.00
221.95.9500.9110
Transfer Out
23.00
23.00
133.95.9500.9110
Transfer Out
11.00
11.00
238.31.3110.5113
Overtime Salorles
15
000.00
15
000.00
3(0.13.9000.6420
Bond Interest
1 859 088.00
3,560,534
.00
5 419
622.00
360.15.1520.6490
Miscellanous Expenses
100.00
100.00
91835,449.00
10 387
710.00
20,223,159.00
REVENUES
Account Number
Account Description
Current Budget
Proposed
Amendment
Amended Budget
160.00.9110
Transfer In
4 893 321.00
4,893,321.00
233.00.9110
Transfer In
210 021.00
210 021.00
110.00.9160
Transfer In
179 510.00
179 510.00
853.00.9810
Transfer In
1,629,548.00
1,629,548.00
169.00.4823
Proceeds From Sale
3,900,000.00
3,900,000.00
110.00.9221
Transfer In
23.00
23.00
110.00.9133
Transfer In
11.00
11.00
238.31.4521
State Grant
38 200.00
3820000
361.15.4919
Miscellanous Revenue
100.00
100.00
10 850,734.00
SO 850 734.00
APPROVALS
City Council Approval Date (if required, attach minutes); 5 o Approval Not Required
Dept Head Approval: t iii' ip• Date: �' �• ��
Director: '-P..4 Date: S-A-ZJ
City Manager: Date: V . Z6 ' 2 )
(If o-$10o,000)
'Approved o Denied