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20-969RESOLUTION NO.20.969 A RESOLUTION OF THE CITY COUNGIL OF THE CITY OF MENIFEE, CALIFORNIA, AMENDING THE FISCAL YEAR 2O2OI2I OPERATING BUDGET WHEREAS, the City of Menifee, California adopted a budget for the fiscal year 2020121 with resolution 20-916 on June 3'd,2020; and WHEREAS, the City of Menifee does from time to time have unanticipated revenues and/or expenditures arise; and WHEREAS, it is in the best interest of the citizens of the City of Menifee to allocate budget resources to continue and enhance the operations of the City of Menifee; and WHEREAS, the City Corrncil of the City of Menifee needs to amend the fiscal year 2020121 budget to reflect an additional revenue source and a corresponding additional expenditure as follows: AMENDMENTS TO ADOPTED BUDGET: Capital Projects Fund Adopted FY 2020121 Revenue Budget: $371,254 CITY COUNCIL MEETING DESCRIPTION ACCOUNT #AMOUNT TOTAL Capital Projects Adopted FY 2020121 Expenditure Budget: $1,649,506 2. Record S CITY COUNCIL MEETING DESCRIPTION ACCOUNT #AMOUNT August 19,2020 Pavement Management Proqram 320-4551-52800 $120,000 CIP 21-01: Murrieta Rd Resurfacing (McCall Blvd to Salt Creek) 320-4555-58099 50,000August 19,2A20 October 7,2020 CIP 20-11: Scott Rd & Menifee Rd Sidewalk 320-4555-58095 90,000 Amended Capital Project Fund FY 2020121 Expenditure Budget: $1,909,506 City of Menifee Resolution Amending the Fiscal Year 2020121 Capital Project Fund Budget 3. Record Transfer of Funds: FROM ACCOUNT #TO ACCOUNT #AMOUNT TOTAL:0 NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MENIFEE DOES HEREBY RESOLVE AS FOLLOWS: The annual budget for the Capital Projects Fund for the City of Menifee for fiscal year 2O20l21is hereby increased and amended to reflect unanticipated revenues and expenditures as follows. Revenues: Expenditures: Existing Capital Projects Fund FY20/21 Budget CIP 20-11: Scott Rd & Menifee Rd Sidewalk Amended Capital Projects Fund FY 2020121Budget. PASSED, APPROVED AND ADOPTED this 7th day of October 2020. Bill Zim , Mayor ATTEST:APPROVED AS TO FORM $1 ,819,506 90,000 $1-909506 rSa A. Ma ng, City ing, City 2 STATE OF CALIFORNIA COUNTY OF RIVERSIDE CITY OF MENIFEE l, Sarah A. Manwaring, City Clerk of the City of Menifee, do hereby certify that the foregoing Resolution No. 20-969 was duly adopted by the City Council of the City of Menifee at a meeting thereof held on the 7th day of October 2020 by the following vote: Ayes: August, Deines, Sobek, Liesemeyer, Zimmerman Noes: None SS ) ) ) Absent: Abstain: \--\\ -\--- lfierurree*,'ffi".1. OF r /u#