HomeMy WebLinkAboutReso 2018-001RESOLUTION NO. 2018-001
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA MAKING AMENDMENTS TO THE FISCAL
YEAR 2016/2017 BUDGET TO ADJUST FOR VARIANCES
AND APPROPRIATING FUNDS THEREFOR
WHEREAS, the City Charter states that at any meeting after the adoption of the budget,
the City Council may amend or supplement the budget by motion adopted by the affirmative
votes of at least four members; and
WHEREAS, staff has completed the final review for the Fiscal Year ending June 30,
2017 and is recommending several budget amendments; and
WHEREAS, the proposed changes to the following funds: General Fund, Measure P, 08
TABS-SA, 06 TABs Series A-SA, 06 TABs Series B-SA, 2010 COP Refinance, result in a
positive net impact to these funds; and
WHEREAS, the proposed changes to the following funds: Trunk Sewer Capital Reserve,
Sewer Service Revenue, Civic Center Ph2 PSB, result in no net fiscal impact; and
WHEREAS, the proposed changes to the following funds: OV Rd Fee Recovery District,
EL Greens II AD 94-1 Impt., Transportation Sales Tax Fund, Corp Yard Relocation, Long-Term
Advances DSF-City, Sewer Income Fund, PFDIF-Civic Center Expansion, Sewer Facility
Replacement, Library for Eastern Territory, 2016 COP Civic Center Ph2, 2016 TARBs, 2016
LRRB COP Refinance, result in a negative fiscal impact to these funds; these appropriations will
be made from the respective available fund balance of each fund.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista
that it amends the Fiscal Year 2016/2017 budget and approves the following budget
appropriations:
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Resolution No. 2018-001
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SUPPLIES &OTHER TRANSFERS TOTAL TOTAL
SERVICES EXPENSES OUT EXPENSE REVENUE NET COST
Non-Departmental - - 706,919 706,919$ 708,647$ (1,728)$
Measure P Fund - - - -$ 706,919$ (706,919)$
Transportation Sales Tax Fund 604 620 - 1,224$ -$ 1,224$
Sewer Income Fund 930 954 - 1,884$ -$ 1,884$
Trunk Sewer Capital Reserve 18,733 (18,733) - -$ -$ -$
Sewer Service Revenue (15,305) 15,305 - -$ -$ -$
Sewer Facility Replacement 5,351 5,487 - 10,838$ -$ 10,838$
Long-term Advances DSF-City - - 1,728 1,728$ -$ 1,728$
Civic Center Ph2 PSB - 192,220 (192,220) -$ -$ -$
2010 COP Refinance - 4,387,059 (2,497,181) 1,889,878$ 1,890,902$ (1,024)$
2016 COP Civic Center Ph2 - - - -$ (192,220)$ 192,220$
2016 LRRB COP Refinance - - 1,890,902 1,890,902$ (2,497,181)$ 4,388,083$
OV Rd Fee Recovery District 428 - - 428$ -$ 428$
EL Greens II AD 94-1 Impt 527 541 - 1,068$ -$ 1,068$
PFDIF-Civic Center Expansion 2,205 2,261 - 4,466$ -$ 4,466$
Corp Yard Relocation 633 649 - 1,282$ -$ 1,282$
Library for Eastern Territroy 6,304 6,466 - 12,770$ -$ 12,770$
06 TABs Series A-SA - - - -$ 126,907$ (126,907)$
06 TABs Series B-SA -$ 104,496$ (104,496)$
08 TABs-SA -$ 301,294$ (301,294)$
2016 TARBs - (93,950) 532,697 438,747$ 174,843$ 263,904$
TOTAL OTHER FUNDS 20,410$ 4,498,879$ 442,845$ 4,962,134$ 1,324,607$ 3,637,527$
DEPARTMENT/FUND
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Resolution No. 2018-001
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Presented by Approved as to form by
David Bilby, MSBA, CPFO Glen R. Googins
Director of Finance/Treasurer City Attorney
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 9th day of January 2018 by the following vote:
AYES: Councilmembers: Aguilar, Diaz, McCann, Padilla, and Salas
NAYS: Councilmembers: None
ABSENT: Councilmembers: None
Mary Salas, Mayor
ATTEST:
Kerry K. Bigelow, MMC, City Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO )
CITY OF CHULA VISTA )
I, Kerry K. Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing
Resolution No. 2018-001 was duly passed, approved, and adopted by the City Council at a
regular meeting of the Chula Vista City Council held on the 9th day of January 2018.
Executed this 9th day of January 2018.
Kerry K. Bigelow, MMC, City Clerk
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