2018-094 Amend Budget - Capital Improvement RESOLUTION 2018-94
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ENCINITAS
RESCINDING RESOLUTION NO. 2018-80 AND
AMENDING THE FISCAL YEAR 2018-19 BUDGET
WHEREAS, on August 22, 2018 the City of Encinitas City Council adopted
Resolution No. 2018-80 appropriating funding for the Santa Fe Drive Corridor
Improvements Project;
WHEREAS, the Exhibit to Resolution No. 2018-80 needs to be corrected;
WHEREAS, on June 20, 2018 the City of Encinitas City Council adopted Resolution
Numbers 2018-64 and 2018-69 appropriating the budget for Fiscal Year 2018-19;
WHEREAS, changes in anticipated revenues and/or expenditures of the City of
Encinitas necessitates a revision of the appropriations for Fiscal Year 2018-19;
WHEREAS, budgeted expenditures do not exceed anticipated revenue and available
fund balance; and
WHEREAS, the City Council has reviewed the proposed Fiscal Year 2018-19
budget amendments.
NOW, THEREFORE, BE IT RESOLVED, DETERMINED AND ORDERED THAT:
SECTION 1. The City Council of the City of Encinitas does, hereby, adopt the amendments
for Fiscal Year 2018-19 as shown in Exhibit A to this resolution.
SECTION 2. Resolution No. 2018-80 is rescinded and replaced in its entirety by this
Resolution.
PASSED AND ADOPTED this 12`h day of December, 2018 by the following vote,
to wit:
AYES: Blakespear, Hubbard, Kranz, Mosca
NAYS: None
ABSENT: None ff��
ABSTAIN: None ✓�l�'�
Catherine S. Blakespear, Mayor
City of Encinitas
ATTEST:
Kathy Hollywood, City Clerk
Exhibit A to Resolution 2018-94
Revenue/ Expenditure/
Fund Name
Organization Object - Project Description Transfer In Transfer Out
Code Code No. Increase Increase
(Decrease) (Decrease)
Active Transportation
Program Cycle 3
1. State Capital Grant Fund 20300000 331.2 Augmentation $ 996,000
Transfer Out Grant Funds to
2. State Capital Grant Fund 20300000 498.2 the Capital Imp Fund $ 996,000
Capital Improvement Transfer In from the General
3. Fund 40100000 398.2 Fund $ 996,000
Capital Improvement
4. Fund 40195203 590 CS19E Project budget for Santa Fe $ 996,000
Transfer to Capital
5. Traffic Mitigation Fund 23300000 498.2 Improvement Fund for Santa $ 146,000
Fe Drive Corridor
Improvements
Transferfrom General Fund
6. Capital Improvement 40100000 398.2 for Santa Fe Drive Corridor $ 146,000
Improvements
7. Capital Improvement 40195101 590 CS19E Project budget for $ 146,000
Montgomery Sidewalk
Transfer Out General Funds
8. General Fund 10100000 498.2 to the Capital Imp Fund $ 88,500
Authorize expenditure of
Capital Improvement Santa Fe Drive Corridor
9. Fund 40100000 398.2 Improvements $ 88,500
Authorize expenditure of
Capital Improvement Santa Fe Drive Corridor
10. Fund 40195101 590 CS19E Improvements $ 88,500
TOTAL $ 2,226,500 $ 2,461,000