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23-1350RESOLUTION NO. 23-1360 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MENIFEE, CALIFORNIA, AMENDING THE FISCAL YEAR 2023/24 OPERATING BUDGET WHEREAS, the City of Menifee, California, adopted a budget for Fiscal Year 2023/24 and Fiscal Year 2024/25 with Resolution 23-1341 on June 21st, 2023; and WHEREAS, from time to time the City of Menifee receives unanticipated revenues, experiences unanticipated expenditures, and/or identifies alternative funding sources; and WHEREAS, it is in the best interest of the citizens of the City of Menifee to allocate budget resources to continue the operations of the City of Menifee; and WHEREAS, the City Council of the City of Menifee needs to amend the FY2023/24 budget as follows: AMENDMENTS TO ADOPTED BUDGET: CSA 86 Fund 460 Adopted FY 2023/24 Revenue Budget: 1. Record Appropriation(s): CITY COUNCIL MEETING DESCRIPTION ACCOUNT # TOTAL: Amended CSA 86 Fund 460 FY 2023/24 Revenue Budget: CSA 86 Fund 460 Adopted FY 2023/24 Expenditure Budget: 2. Record Aropriation(s): CITY COUNCIL MEETING DESCRIPTION ACCOUNT # August 2, 2023 CIP 23-08: Quail Valley Grid Area Streetlights Proiect 460-4555-58155 TOTAL: $318,232 AMOUNT $0 $318,232 $318,233 AMOUNT $150,000 $150,000 Amended CSA 86 Fund 460 FY 2023/24 Expenditure Budget: $468,233 Amending the Fiscal Year 2023/24 CSA 86 Budget CIP 23-08: Quail Valley Grid Area Streetlights Project 3. Record Transfer of Funds: FROM ACCOUNT # TO ACCOUNT # TOTAL: AMOUNT $0 NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MENIFEE DOES HEREBY RESOLVE AS FOLLOWS: The annual budget for the CSA 86 Fund 460 for the City of Menifee for FY2023/24 is hereby increased and amended to reflect unanticipated revenues and expenditures as follows: Revenues: $0 Amended CSA 86 Fund 460 FY2023/24 Budget 318 232 Expenditures: CIP 23-08: Quail Valley Grid Area Streetlights Project $150,000.00 Amended CSA 86 Fund 460 FY2023/24 Budget �4-68 233 PASSED, APPROVED AND ADOPTED this 2"d day of August, 2023. Bill Zimmerm n, or APPROVED AS TO FORM: 2 G%TY OF MENIFEE STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss CITY OF MENIFEE ) I, Sarah Manwaring, City Clerk of the City of Menifee, do hereby certify that the foregoing City Council Resolution No. 23-1350 was duly adopted by the City Council of the City of Menifee at a meeting thereof held on the 2"d Day of August 2023 by the following vote: Ayes: Deines, Estrada, Karwin, Sobek, Zimmerman Noes: None Absent: None Abstain: None