24-1512RESOLUTION NO. 24-1512
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:
General Fund 1100 Adopted FY 2024/25 Revenue Budget: $73,083,894.00
1. Record Appropriation(s):
CITY
COUNCIL
DESCRIPTION
ACCOUNT #
AMOUNT
MEETING
June 5, 2024
Mid -Cycle Budget Adjustments
Various
$1,199,197.00
TOTAL:
$1,199,197.00
Amended General Fund 1100 FY 2024/25 Revenue Budget: $74,283,091.00
General Fund 1100 Adopted FY 2024/25 Expenditure Budget: $73,083,894.00
2. Record Appropriation(s):
CITY
COUNCIL
MEETING
DESCRIPTION
ACCOUNT #
AMOUNT
June 5, 2024
Mid -Cycle Budget Adjustments
Various
$1,313,071.00
July 1, 2024
FY 2023/24 Budget Carryovers
Various
8,509,402.93
November 20,
2024
Krikorian Entertainment
Complex Demolition
1100-52-CDD-BLDG-
000-00000-651462
265,765.00
TOTAL:
$10,088,238.93
Amended General Fund 1100 FY 2024/25 Expenditure Budget:
3. Record Transfer of Funds:
$83,172,132.93
FROM ACCOUNT #
TO ACCOUNT #
AMOUNT
TOTAL:
$0
Amending the Fiscal Year 2024/25 General Fund Budget
Krikorian Entertainment Complex Demolition
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MENIFEE DOES HEREBY
RESOLVE AS FOLLOWS:
The annual budget for the General Fund 1100 for the City of Menifee for FY2024/25 is
hereby increased and amended to reflect unanticipated revenues and expenditures as follows:
Revenues:
N/A $0.00
Amended General Fund 1100 FY2024/25 Budget $74.283.091.00
Expenditures:
Krikorian Entertainment Complex Demolition $265,765.00
Amended General Fund 1100 FY2024/25 Budget $83,172,132.93
PASSED, APPROVED AND ADOPTED this 20th day of November, 2024.
ATTEST:
ep nie Roseen, Acting City Clerk
2
—v. A -Ay--�
Bill ZimmkhAA, Mayor
APPROVED AS TO FORM:
G�TY OR.
NIENIFEE
\ /
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. 24-1512 was duly adopted by the City Council of the City
of Menifee at a meeting thereof held on the 201h Day of November 2024 by the following vote:
Ayes: Estrada, Deines, Karwin, Sobek, Zimmerman
Noes: None
Absent: None
Abstain: None
v
Step anie Roseen, Acting City Clerk