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2020-100 Amend FY 2020-21 Budget Streetscape RESOLUTION 2020-100 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ENCINITAS AMENDING THE FISCAL YEAR 2020-21 BUDGET WHEREAS, on June 24, 2020, the City Council of the City of Encinitas adopted Resolution Number 2020-54 adopting the budget for Fiscal Year 2020-21; and WHEREAS, changes in anticipated revenues and/or expenditures of the City of Encinitas necessitates amendments to the appropriations for Fiscal Year 2020-21; and WHEREAS, budgeted expenditures do not exceed anticipated revenue and available fund balance; and WHEREAS, the City Council has reviewed the proposed Fiscal Year 2020-21 budget amendments. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Encinitas that the budget amendments for Fiscal Year 2020-21 as contained in Exhibit A to this resolution are hereby adopted. PASSED, APPROVED AND ADOPTED this g'h day of December 2020 by the City Council of the City of Encinitas, State of California. Catherine S. Blakespear, Mayor ATTEST: A�<c " Kathy Hollywood, City Clerk APPROVED AS TO FORM: Llm<e E. Devaney, Ci orney CERTIFICATION: I, Kathy Hollywood, City Clerk of the City of Encinitas, California, do hereby certify under penalty of perjury that the foregoing Resolution was duly adopted at a regular meeting of the City Council on the 9th day of December, 2020 by the following vote: AYES: Blakespear, Hinze, Hubbard, Kranz, Mosca NOES: None ABSENT: None ABSTAIN: None Kathy Hollywdl5d, City Clerk EXHIBIT A- RESOLUTION 2020-100 # Fund Name Fund Organization Object Project Description Revenue/ Expenditure/ Code Code No. Transfer In Transfer Out Increase Increase (Decrease) (Decrease) 1 CIP-EXISTN 401 95101 590 CSO4D Amend budget for North Coast Highway 101 Streetscape Project 2,500,000 2 CIP-EXISTN 401 95101 590 CSO4D Amend budget for North Coast Highway 101 Streetscape Project 138,869 3 CIP-EXISTN 401 95101 590 CS16F Amend budget for the El Portal Pedestrian and Bicycle 963,000 Undercrossing Project 4 CIP-EXISTN 401 00000 398.2 Unassigned fund balance transfer from General Fund 3,601,869 5 GENFUND 101 90099 498.2 Unassigned fund balance transfer to Capital Projects fund 3,601,869 6 GENFUND 101 90901 428.6 Lump sum payment to CalPERS to reduce the unfunded pension 160,645 liability. Total Budget Amendments and Transfers(All Funds) $3,601,869 $7,364,383