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HomeMy WebLinkAboutReso 2021-071RESOLUTION NO. 2021-071 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA MAKING VARIOUS AMENDMENTS TO THE FISCAL YEAR 2020-21 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 a motion adopted by the affirmative votes of at least four members; and WHEREAS, staff has completed the budget review for the quarter ending March 31, 2021 and is recommending a number of budget amendments; and WHEREAS, staff is recommending increasing $395,124 in expense appropriations to various departments in the General Fund and increasing revenues appropriations by $174,676, resulting in a negative net impact of $220,448 to the General Fund; and WHEREAS, the Bayfront Special Tax District Fund, CV Bayfront Finance Authority, and Other Transportation Program Fund will be positively impacted as a result of increased revenue appropriations resulting from the recommended changes; and WHEREAS, the 2016 Measure P Sales Tax Fund, Transportation Sales Tax Fund, Public Liability Trust Fund, Open Space District #23 Fund, Transportation Enterprise Fund, and the Capital Improvement Projects Fund will be negatively impacted due to adjustments that will add appropriations that will be made from the available balances of these funds; and WHEREAS, the recommended adjustments to the 2018 Measure A Sales Tax Fund, Other Grants Fund, Federal Grants Fund, State Grants Fund, Chula Vista Housing Authority Fund, and the Central Garage Fund consist of offsetting adjustments between revenue and expenditure categories and are neutral resulting in no net impact to these funds. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, that it does hereby amend the Fiscal Year 2020/21 budget and approves the following appropriations and transfers: [REMAINDER OF PAGE LEFT BLANK INTENTIONALLY] DocuSign Envelope ID: 6EDAC863-F986-4821-B41A-D7AD62CABE24 Resolution No. 2021-071 Page No. 2 Summary of General Fund Appropriations and/or Transfers Summary of Appropriations and/or Transfers for Other Funds DocuSign Envelope ID: 6EDAC863-F986-4821-B41A-D7AD62CABE24 Resolution No. 2021-071 Page No. 3 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 4th day of May 2021 by the following vote: AYES: Councilmembers: Cardenas, 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. 2021-071 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 4th day of May 2021. Executed this 4th day of May 2021. Kerry K. Bigelow, MMC, City Clerk DocuSign Envelope ID: 6EDAC863-F986-4821-B41A-D7AD62CABE24