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HomeMy Public PortalAbout2015.039 (03-03-15)RESOLUTION NO. 2015.039 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD APPROVING THE FY 2015 MID -YEAR BUDGET ADJUSTMENTS FOR THE PUBLIC WORKS DEPARTMENT AND AMENDING THE FY 2014 -15 ADOPTED BUDGET WHEREAS, the City Council of the City of Lynwood (the "City Council ") adopted the City of Lynwood's Fiscal Year 2014 -2015 (FY 15) Operating Budget on November 4, 2014; and WHEREAS, the Finance Department meets with departments quarterly during the fiscal year to monitor spending, assess revenues, and identify unanticipated or critical -need issues that may arise and require budget adjustments to the current -year budget; and WHEREAS, in addition, subsequent to the budget adoption, staff has identified several-Citywide fiscal issues that were not included in the FY 15 Adopted Budget that will require amendments to the FY 15 Adopted Budget to avoid disruption of services and ensure proper funding levels; and WHEREAS, during the annual- Mid -Year Financial Review, staff and the City Council have determined that the City's expenditures are exceeding its revenues in the General Fund and in other areas of the FY 15 Adopted Budget; and WHEREAS, as a result, at the February 17, 2015 City Council Special Meeting, staff recommended budget adjustments that were approved by City Council, for all departments except for the Public Works Department; and WHEREAS, staff was directed to bring back the budget adjustments for the Public Works Department for City Council's consideration; and WHEREAS, if the recommended budget adjustments, including the items for Public Works Department, were approved by Council, the FY 15 projected General Fund ending balance will be $2.5 million. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LYNWOOD DOES HEREBY RESOLVE, DECLARE, DETERMINE AND ORDER AS FOLLOWS: Section 1. By adoption of this Resolution, the City Council approves the FY 15 Proposed Budget Adjustments for the Public Works Department and hereby amends the FY 15 Adopted Budget. Section 2. That the City Council authorizes the City Manager, or his designee, to make the necessary budget adjustments to the City's financial system to reflect appropriate changes to the FY 15 Adopted Budget. Section 3. This Resolution shall go into effect immediately upon its adoption. Section 4. The City Clerk shall certify as to the adoption of this Resolution. PASSED, APPROVED and ADOPTED this 3rd day of March, 2015. ATTEST: v � . Maria Quinonez, City Clerk APPROVED AS TO FORM: �\ / � o" David A. Garcia, City Attorney APPROVED AS TO CONTENT: . Arnoldo Beltran, City Manager General Fund Adjustment Other Funds Adjustment Amount Adjustment Amount Public Works Operational Budget $91,054 $38,229 Traffic Safety 5,087 Litter Abatement 62,388 Sewer 23,966 Garage Total: $91,054 $129,670 Section 2. That the City Council authorizes the City Manager, or his designee, to make the necessary budget adjustments to the City's financial system to reflect appropriate changes to the FY 15 Adopted Budget. Section 3. This Resolution shall go into effect immediately upon its adoption. Section 4. The City Clerk shall certify as to the adoption of this Resolution. PASSED, APPROVED and ADOPTED this 3rd day of March, 2015. ATTEST: v � . Maria Quinonez, City Clerk APPROVED AS TO FORM: �\ / � o" David A. Garcia, City Attorney APPROVED AS TO CONTENT: . Arnoldo Beltran, City Manager Amanda -Hall, Finance Director STATE OF CALIFORNIA ) )SS.- COUNTY OF LOS ANGELES ) I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the foregoing Resolution was passed and adopted by the City Council of the City of Lynwood at a regular meeting held on the 3 d day of March, 2015. AYES: COUNCIL MEMBERS ALATORRE, SANTILLAN -BEAS AND SOLACHE NOES: NONE ABSENT: NONE ABSTAIN: NONE Maria Quinonez, diijCleirk STATE OF CALIFORNIA ) ) SS. COUNTY OF LOS ANGELES ) CASTRO, HERNANDEZ, I, the undersigned, City Clerk of the City of Lynwood, and the Clerk of the City Council of said City, do hereby certify that the above foregoing is a full, true and correct copy of Resolution No. 2015.039 on file in my office and that said Resolution was adopted on the date and by the vote therein stated. Dated this 3rd day of March, 2015. Maria Quinonez, City Clerk