2023-102 Amend the FY23-24 Budget Surfer's Point PurchaseRESOLUTION NO. 2023-102
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ENCINITAS, CALIFORNIA,
AMENDING THE FISCAL YEAR 2023-24 BUDGET
WHEREAS, on June 21, 2023, the City Council of the City of Encinitas adopted
Resolution Number 2023-47 adopting the budget for Fiscal Year 2023-24; and
WHEREAS, changes in anticipated revenues and/or expenditures of the City of
Encinitas necessitates amendments to the appropriations for Fiscal Year 2023-24; and
WHEREAS, budgeted expenditures do not exceed anticipated revenue and available
fund balance; and
WHEREAS, the City Council has reviewed the proposed Fiscal Year 2023-24 budget
amendments.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Encinitas
that the budget amendments for Fiscal Year 2023-24 as contained in Exhibit A to this
resolution are hereby adopted.
NOW, THEREFORE, BE IT FURTHER RESOLVED that this action is exempt from
the provisions of the California Environmental Quality Act (CEQA) pursuant to Section
15378(b)(5) of the CEQA Guidelines, as an organizational or administrative activity of
government that will not result in a direct or indirect physical change in the environment.
PASSED, APPROVED AND ADOPTED this 20th day of September 2023 by the City
Council of the City of Encinitas, State of California.
Tony Kranz, Mayor
ATTEST:
Kathy Hollywood, City Clerk
APPROVED AS TO FORM:
Tarquin Preziosi, City Attorney
DocuSign Envelope ID: E84EB1B2-8539-45AD-B2DF-646616F76DD1
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 20th day of September 2023 by the following vote:
AYES: Blackwell, Ehlers, Kranz, Lyndes
NOES: None
ABSENT: Hinze
ABSTAIN: None
Kathy Hollywood, City Clerk
DocuSign Envelope ID: E84EB1B2-8539-45AD-B2DF-646616F76DD1
Exhibit A to Resolution 2023-102
Fund Name
Organization
Code
Object
Code
Project
No.
Description
Revenue/
Transfer In
Increase
(Decrease)
Expenditure
/ Transfer
Out Increase
(Decrease)
1. General Fund 10190900 471.1 Purchase 1.43 acres at
the NE corner of Highway
101 and La Costa Avenue
$6,000,000
2. General Fund 10190900 471.1 Closing and financing
costs
$300,000
Note: Initial purchase funded by a transfer from the General Fund Contingency Reserve, to
be reimbursed by the issuance of tax-exempt bonds.
BUA 30180 ks
DocuSign Envelope ID: E84EB1B2-8539-45AD-B2DF-646616F76DD1