Resolution - No. 2023-7RESOLUTION NO. 2023-7
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
WEST COVINA, CALIFORNIA, ADOPTING A BUDGET
AMENDMENT FOR THE FISCAL YEAR COMMENCING
JULY 1, 2022 AND ENDING JUNE 30, 2023 (SECOND
QUARTER FINANCIAL REPORT)
WHEREAS, on April 19, 2022, the City Manager presented to the City Council a
proposed budget for Fiscal Year 2022-23 in compliance with Section 2-151(m) of the West
Covina Municipal Code; and
WHEREAS, following the initial presentation of the proposed budget for Fiscal Year
2022-23, the City held meetings and community workshops and conducted an online budget
survey in order to solicit input from the public regarding the proposed budget; and
WHEREAS, on June 7, 2022, the City Council adopted a budget for the 2022-2023
Fiscal Year; 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. 2023-014,
attached hereto as Exhibit A, for Fiscal Year 2022-23.
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 21 st day of February, 2023,
APPROVED -AS TO FORM
AM )
Thomas P. D ante
City Attorney
ViL
Rosario Diaz
Mayor
ATTEST
Lisa S rrick
Assists t City Clerk
I, LISA SHERRICK, Assistant City Clerk of the City of West Covina, California, do
hereby certify that the foregoing Resolution No. 2023-7 was duly adopted by the City
Council of the City of West Covina, California, at a regular meeting thereof held on the
21 st day of February, 2023, by the following vote of the City Council:
AYES: Cantos, Diaz, Lopez-Viado, Tabatabai, Wu
NOES:
ABSENT:
ABSTAIN:
�v
Lisa ShEkrick
Assistao City Clerk
Exhibit A
City of West Covina
Fiscal Year 2022-23
Budget Amendment No. 2023-014
Second Quarter Financial Report
Current Proposed Amended
Fund Name (No.) Budget Amendment Budget
General Fund (110
Revenue
80,608,408
626,000
81,234,408
Expenditures
80,177,238
580,900
80,758,138
Revenue Less Expenditures
$431,170
$45,100
$476,270
Capital Projects (160)
Revenue
399,000
399,000
Expenditures
6,129,306
0
6,129,306
Revenue Less Expenditures
-$5,730,306
$0
-$5,730,306
Measure R (224)
Revenue
1,357,900
1,357,900
Expenditures
2,637,356
34,600
2,671,956
Revenue Less Expenditures
-$1,279,456
-$34,600
-$1,314,056
PDF B Palm View (171)
Revenue
0
0
Expenditures
0
75,000
0
Revenue Less Expenditures
$0
-$75,000
$0
PDF H - Friendship (177)
Revenue
0
75,000
Expenditures
0
75,000
Revenue Less Expenditures
$0
$0
$0
Senior Meals Program (146)
Revenue
202,100
72,628
274,728
Expenditures
314,872
72,628
387,500
Revenue Less Expenditures
-$112,772
$0
-$112,772
Vehicle Replacement (367)
Revenue
465,000
35,754
500,754
Expenditures
506,181
50,000
556,181
Revenue Less Expenditures
-$41,181
-$14,246
-$55,427