24-1436 (2)RESOLUTION NO. 24-1433
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:
DIF Citywide — Circulation 526 Adopted FY 2023/24 Revenue Budget: $3,210,234.00
1. Record A ro riation s :
CITY COUNCIL
MEETING DESCRIPTION ACCOUNT # AMOUNT
Mid -year Adjustment — Revenue
February 7, 2024 moved to DIF Fund 518 526-3711 (3,049,096.00)
Mid -year Adjustment — Interest
February 7, 2024 increase 526-3800 2,500.00
TOTAL: 1 ($3,046,5
Amended DIF Citywide— Circulation Fund 526 FY 2023/24 Revenue Budget: $163,638.00
DIF Citywide — Circulation 526 Adopted FY 2023/24 Expenditure Budget: $4,105,724.00
_ 2. Record Ap ro riation s :
CITY COUNCIL
MEETING DESCRIPTION ACCOUNT # AMOUNT
July 1, 2023 2023 Carryovers 526-4555-Various 7,524,205.74
CIP 22-25: SB821 La
June 5, 2024 Piedra/Bell Mtn Pedestrian Imp 526-4555-58143 (138,404.47)
June 5, 2024 1 CIP 13-04: Bradley Bridge 1 526-4555-58000 1 138,404.47
TOTAL: $7,524,206.00
Amended DIF Citywide— Circulation 526 FY 2023/24 Expend. Budget: $11,629,929.74
Amending the Fiscal Year 2023/24 DIF Citywide — Circulation Fund Budget
CIP 22-25: La Piedra Road at Bell Mountain Middle School — ATP Project
3. Record Transfer of Funds:
FROM ACCOUNT # TO ACCOUNT # AMOUNT
TOTAL:
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MENIFEE DOES HEREBY
RESOLVE AS FOLLOWS:
The annual budget for the DIF Citywide — Circulation Fund 526 for the City of Menifee for
FY2023/24 is hereby increased and amended to reflect unanticipated revenues and expenditures
as follows:
Revenues:
N/A $0.00
Amended DIF Citywide — Circulation Fund 526 FY2023/24 Budget $163,638.00
Expenditures:
N/A $0.00
Amended DIF Citywide — Circulation Fund 526 FY2023/24 Budget $11,629,929. 44
PASSED, APPROVED AND ADOPTED this 5th day of June, 2024.
ATTEST:
ep me Roseen, Acting City Clerk
2
^,y N. Aw,
Bill ZimmerMayor
APPROVED AS TO FORM:
r
re . Melching, City tt ney
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss
CITY OF MENIFEE )
I, Stephanie Roseen, Acting City Clerk of the City of Menifee, do hereby certify that the
foregoing City Council Resolution No. 24-1433 was duly adopted by the City Council of the City
of Menifee at a meeting thereof held on the 5th Day of June 2024 by the following vote:
Ayes:
Estrada, Karwin, Sobek, Zimmerman
Noes:
None
Absent:
Deines
Abstain:
None
tep anie Roseen, Acting City Clerk