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HomeMy WebLinkAboutReso 2019-023RESOLUTION NO. 2019-023 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA MAKING AMENDMENTS TO THE FISCAL YEAR 2017-18 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, 2018 and is recommending a budget amendment; and WHEREAS, staff is requesting approval to transfer appropriations from the Sewer DIFs Fund to the Trunk Sewer Capital Reserve Fund for $4,496,348 of expenses and $1,450,000 of revenues. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista that it amends the Fiscal Year 2017-18 budget and approves the following budget appropriations: [SIGNATURES ON THE FOLLOWING PAGE] FUND OTHER EXPENSES CIP PROJECT EXPENSES TOTAL EXPENSES TOTAL REVENUES NET COST OTHER FUNDS Trunk Sewer Capital Reserve 350,000$ 4,146,348$ 4,496,348$ (1,450,000)$ 3,046,348$ Sewer DIFs (350,000)$ (4,146,348)$ (4,496,348)$ 1,450,000$ (3,046,348)$ TOTAL OTHER FUNDS -$ -$ -$ -$ -$ DocuSign Envelope ID: 3179F58E-4CA0-42E4-9B05-EAA53BB0D321 Resolution No. 2019-023 Page No. 2 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 19th day of February 2019 by the following vote: AYES: Councilmembers: Diaz, Galvez, McCann, Padilla, and Casillas Salas NAYS: Councilmembers: None ABSENT: Councilmembers: None Mary Casillas 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. 2019-023 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 19th day of February 2019. Executed this 19th day of February 2019. Kerry K. Bigelow, MMC, City Clerk DocuSign Envelope ID: 3179F58E-4CA0-42E4-9B05-EAA53BB0D321