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24-1457RESOLUTION NO. 24-1457 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MENIFEE, CALIFORNIA, AMENDING THE FISCAL YEAR 2024/25 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 FY2024/25 budget as follows: AMENDMENTS TO ADOPTED BUDGET: Grant Fund 2301 Adopted FY 2024/25 Revenue Budget: 1. Record Aoorooriationis) $0.00 CITY COUNCIL DESCRIPTION ACCOUNT # AMOUNT MEETING June 5, 2024 Mid -Cycle Budget Adjustments Various $633,759.00 Grant: National Opiate Litigation 2301-00-XNC-XNCL- July 17.2024 Settlement 000-00000-441000 38,384.38 TOTAL: $672,143.38 Amended Grant Fund 2301 FY 2024/25 Revenue Budget: Grant Fund 2301 Adopted FY 2024/25 Expenditure Budget 2. Record Appropriations) $672,143.38 $0.00 CITY COUNCIL DESCRIPTION ACCOUNT # AMOUNT MEETING June 5, 2024 Mid-Cvcle Budget Adjustments Various $595,472.00 Grant: National Opiate 23011-51-MPID-PIDAIV11- July 17, 2024 Litigation Settlement 000-00000-658165 38,384.38 TOTAL: $633.856.38 Amended Grant Fund 2301 FY 2024/25 Expenditure Budget: 3. Record Transfer of Funds: FROM ACCOUNT # I TO ACCOUNT # $633,856.38 AMOUNT Amending the Fiscal Year 2024/25 Grant Fund Budget National Opiate Litiqation Settlement Grant TOTAL: $0 NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MENIFEE DOES HEREBY RESOLVE AS FOLLOWS: The annual budget for the Grant Fund 2301 for the City of Menifee for FY2024/25 is hereby increased and amended to reflect unanticipated revenues and expenditures as follows: Revenues: Grant: National Opiate Litigation Settlement Amended Grant Fund 2301 FY2024/25 Budget Expenditures: Grant: National Opiate Litigation Settlement Amended Grant Fund 2301 FY2024/25 Budget PASSED, APPROVED AND ADOPTED this 17th day of July, 2024. ATTEST: C*teanice Roseen, Acting City Clerk 2 Bill ZimmdrmjCoayor APPROVED AS TO FORM T.Relching, City $38,384.38 672 143.3 $38,384.38 $633 856..38 C Ty OF MENIFEE s 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. 24-1457 was duly adopted by the City Council of the City of Menifee at a meeting thereof held on the 17th Day of July 2024 by the following vote: Ayes: Estrada, Deines, Karwin, Sobek, Zimmerman Noes: None Absent: None Abstain: None teftKanie Roseen, Acting City Clerk