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23-1385RESOLUTION NO. 23-1385 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 21 st, 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: Grant Fund 301 Adopted FY 2023/24 Revenue Budget: 1 Rarnrd Annrnnrintinn(sl- $531,369.00 CITY COUNCIL MEETING N/A DESCRIPTION ACCOUNT # AMOUNT 301-Various $112,062.00 301-3895 $59,322.16 301-3859 $690,120.00 FY23/24 Carryover Grants August 16, 2023 Grant: National Opiate Litigation Settlement August 16, 2023 Grant: SB 821 Bicycle and Pedestrian Facilities Program November 1, 2023 Grant: Active Transportation Program ATP - Project 301-3752 $131,000.00 November 1, 2023 Grant: Active Transportation Program (ATP) - Project B 301-3752 $124,000.00 November 1, 2023 Grant: RCTC Regional Arterial Improvements Program 301-3753 $3,140,000.00 November 15, 2023 Grant: OTS STEP Menifee JOBSNow Initiative Central Park Amphitheater CIP 19-15 - ARP 301-3865 $140,000.00 November 15, 2023 301-3742 301-3742 $58,334.00 December 6, 2023 $1,841,667.00 TOTAL: $6,296,505.16 Amended Grant Fund 301 FY 2023/24 Revenue Budget: Grant Fund 301 Adopted FY 2023/24 Expenditure Budget: 2. Record Appropriation(s)- CITY COUNCIL MEETING DESCRIPTION �ACCOUNT# N/A FY23/24 Carryover Grants Various Grant: National Opiate Litigation August 16, 2023 _Settlement 301-4911-58165 $6,827,874.16 $531,369.00 AMOUNT $482,756.82 $59,322.16 Amending the Fiscal Year 2023/24 Grant Fund Budget Central Park Amphitheater CIP 19-15 Grant: SB 821 Bicycle and August 16, 2023 Pedestrian Facilities Program Grant: Active Transportation 301-4555-58098 $690,12_0.00 November 1, 2023 Program ATP) - Project A j 301-4555-58177 $131,000.00 Grant: Active Transportation November 1, 2023 Program ATP - Project B 301-4555-58190 $124,000.00 Grant: RCTC Regional Arterial November 1, 2023 Improvements Program 301-4555-58119 $3.140,000.00 November 15, 2023 Grant: OTS STEP 301-4911-52426 $140,000.00 November 15, 2023 Menifee JOBSNow Initiative 301-4350-52800 $58,334.00 Central Park Amphitheater CIP December 6, 2023 19-15 - ARP 301-4555-58079 $1,841,667.00 TOTAL: $6,667,199.98 Amended Grant Fund 301 FY 2023/24 Expenditure Budget: $7,198,568.98 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 Grant Fund 301 for the City of Menifee for FY2023/24 is hereby increased and amended to reflect unanticipated revenues and expenditures as follows: Revenues: Central Park Amphitheater CIP 19-15 — American Rescue Plan (ARP) Amended Grant Fund 301 FY2023/24 Budget Expenditures: Central Park Amphitheater CIP 19-15 - American Rescue Plan (ARP) Amended Grant Fund 301 FY2023/24 Budget 2 $1,841,667.00 $6.827.874.16 $1,841,667.00 $7,198, 568.98 Amending the Fiscal Year 2023/24 Grant Fund Budget Central Park Amphitheater CIP 19-15 PASSED, APPROVED AND ADOPTED this 6th day of December, 2023. Bill Zimrxie;rn, Mayor ATTEST: APPROVED AS TO FORM: A. Nianwaring, City Cl�rtc / fre7. Melching, City torney 3 G�TY Op/� MENIFEE r 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. 23-1385 was duly adopted by the City Council of the City of Menifee at a meeting thereof held on the 6th Day of December 2023 by the following vote: Ayes: Deines, Karwin, Sobek Noes: Estrada, Zimmerman Absent: None Abstain: None ah Manwar-ft' City Cler