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24-1390RESOLUTION NO. 24-1390 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: $531,369.00 1. Record Appro riation(s): CITY COUNCIL MEETING DESCRIPTION ACCOUNT # AMOUNT N/A FY23/24 Carryover Grants $112,062.00 301-Various Grant: National Opiate Litigation August 16, 2023 Settlement 301-3895 $59,322.16 Grant: SB 821 Bicycle and August 16, 2023 Pedestrian Facilities Program 301-3859 $690,120.00 Grant: Active Transportation November 1, 2023 Program ATP) - Project A 301-3752 $131.000.00 Grant: Active Transportation November 1, 2023 Program (ATP) - Project B 301-3752 $124,000.00 Grant: RCTC Regional Arterial November 1, 2023 Improvements Program Grant: OTS STEP 301-3753 $3,140,000.00 November 15. 2023 301-3865 $140,000.00 November 15, 2023 Menifee JOBSNow Initiative 301-3742 $58,334.00 Central Park Amphitheater CIP 19- December 6, 2023 15 - ARP 301-3742 $1,841,667.00 Grant: Justice Assistance Grant January 17, 2024 JAG 301-3745 $10,877.00 TOTAL: $6,307,382.16 Amended Grant Fund 301 FY 2023/24 Revenue Budget: $6,838,751.16 Grant Fund 301 Adopted FY 2023/24 Expenditure Budget: $531,369.00 2. Record Appro riation s : CITY COUNCIL MEETING DESCRIPTION ACCOUNT # AMOUNT N/A FY23/24 Carrvover Grants Various $1,209,496.23 Amending the Fiscal Year 2023/24 Grant Fund Budget Justice Assistance Grant Grant: National Opiate Litigation August 16, 2023 Settlement 301-4911-58165 $59,322.16 Grant: SB 821 Bicycle and August 16, 2023 Pedestrian Facilities Program 301-4555-58098 $690,120.00 Grant: Active Transportation November 1, 2023 Program ATP - Project A 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 301-4911-52426 301-4350-52800 $3,140,000.00 November 15, 2023 Grant: OTS STEP $140,000.00 $58,334.00 November 15, 2023 Menifee JOBSNow Initiative Central Park Amphitheater CIP 19- December 6, 2023 15 -ARP 301-4555-58079 $1,841,667.00 Grant: Justice Assistance Grant January 17, 2024 JAG 301-4911-52845 $10,877.00 TOTAL: $7,404,816.39 Amended Grant Fund 301 FY 2023/24 Expenditure Budget: $7,936,185.39 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: Justice Assistance Grant (JAG) Amended Grant Fund 301 FY2023/24 Budget Expenditures: Justice Assistance Grant (JAG) Amended Grant Fund 301 FY2023/24 Budget 2 $10,877.00 $6.838.751.16 $10,877.00 $7.936,185.39 Amending the Fiscal Year 2023/24 Grant Fund Budget Justice Assistance Grant PASSED, APPROVED AND ADOPTED this 17th day of January, 2024. ATTEST: i raV Manwaring,'Cfty Clerk 3 �1 Bill Zi me , Mayor D AS TO FORM G`TY ox, 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. 24-1390 was duly adopted by the City Council of the City of Menifee at a meeting thereof held on the 17th Day of January 2024 by the following vote: Ayes: Deines, Estrada, Karwin, Sobek, Zimmerman Noes: None Absent: None Ahstain- None