24-1400RESOLUTION NO. 24-1400
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MENIFEE, CALIFORNIA,
AMENDING THE FISCAL YEAR 2023/24 OPERATING & CAPITAL BUDGET
WHEREAS, the City of Menifee, California adopted a budget for the fiscal years 2023/24
and 2024/25 with Resolution No. 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 fiscal year 2023/24
budget as follows:
AMENDMENTS TO ADOPTED BUDGET:
Capital Projects Fund Adopted FY 2023/24 Revenue Budget: $0.00
1. Record A ro rip ation( ):
CITY COUNCIL DESCRIPTION ACCOUNT # AMOUNT
MEETING
July 19, 2023 Holland Rd. / 1-215 Overpass CIP 13-03 320-3899 $240,615.00
Goetz Road/Vista Way Traffic Signal
February 21, 2024 Project CIP 23-02 — Developer 320-3899 $24,069.72
Contribution
TOTAL: $264,684.72
Amended Capital Projects Fund FY 2023/24 Revenue Budget: $264,684.72
Capital Projects Fund Adopted FY 2023/24 Expenditure Budget: $0.00
2. Record Appropriation (s)
CITY COUNCIL DESCRIPTION ACCOUNT # AMOUNT
MEETING
July 1, 2023 1 2023 Carryovers
July 19, 2023 Holland Rd. / 1-215 Overpass CIP 13-03
February 21, 2024 Goetz Road/Vista Way Traffic Signal
Project CIP 23-02
320-Various
320-4555-58021
320-4555-58149
TOTAL:
$5,372,740.00
$240,615.00
$24,069.72
$5,637,424.72
Amended Capital Projects Fund FY 2023/24 Expenditure Budget: $5,637,424.72
3. Record Transfer of Funds:
FROM ACCOUNT # TO ACCOUNT # AMOUNT
350-2379 - Goetz Road/Vista Way 320-3899 - Developer $24,069.72
Fair Share Contributed
L TOTAL: $24,069.72
Amending the Fiscal Year 2023/24 Grant Fund Budget
Goetz Road/Vista Way Traffic Signal Project CIP 23-02
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MENIFEE DOES HEREBY
RESOLVE AS FOLLOWS:
The biennial budget for the Capital Projects Fund for the City of Menifee for fiscal year
2023/24 is hereby increased and amended to reflect unanticipated revenues and expenditures as
follows:
Revenues:
Expenditures:
Goetz Road/Vista Way Traffic Signal Project
Amended Capital Projects Fund FY 2023/24 Budget:
Goetz Road/Vista Way Traffic Signal Project
Amended Capital Projects Fund FY 2023/24 Budget
PASSED, APPROVED AND ADOPTED this 21st day of February 2024.
ATTEST:
2
Bill Zimm r ayor
APPROVED AS TO FORM:
$24,069.72
264 684.72
$24,069.72
$5,637,424.72
effr T. Melching, Cit At orney
Gviv 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. 24-1400 was duly adopted by the City Council of the City of Menifee at a
meeting thereof held on the 21 st Day of February 2024 by the following vote:
Ayes: Deines, Estrada, Karwin, Sobek, Zimmerman
Noes: None
Absent: None
Ahctnin Nnna