HomeMy Public PortalAboutCity Council_Resolution No. 24-5728RESOLUTION NO. 24-5728
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
TEMPLE CITY, CALIFORNIA AUTHORIZING THE TRANSFER OF
BUDGETS BETWEEN THE AMERICAN RESCUE PLAN ACT OF
2021 FUND AND THE GENERAL FUND, AND DESIGNATION OF
ASSIGNED FUND BALANCE
WHEREAS, City of Temple City (City) is the recipient of $8,566,752 from the
Coronavirus State and Local Fiscal Recovery Fund as authorized by the American
Rescue Plan Act of 2021 (ARPA).
WHEREAS, these funds must be:
1. Committed by December 31, 2024;
2. Spent by December 31, 2026; and
3. Remaining funds must be returned to the U.S. Treasury.
WHEREAS, the City designated its allocation as revenue losses which may be used
for the following:
1. Renovations to particular government facilities;
2. Equipment to facilitate or improve government services; or
3. Government services that generally include any service traditionally
provided by a government which include provisions for public safety services.
WHEREAS, the Fiscal Year 2023-2024 (FY 2023-24) budget from the ARPA fund
is $6,372,140 and;
WHEREAS, the City receives law enforcement services from the Los Angeles
County Sheriffs Department that are paid from the General Fund. The FY 2023-24
budget allocation is $5,705,165;
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF TEMPLE CITY DOES
HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS:
Section 1. The City Council hereby adopts this resolution authorizing the following:
a. A budget amendment to transfer the FY 2023-24 ARPA Fund budget of
$6,372,140 to the General Fund for the following authorized projects:
Project
FY2324
City Hall Roof & HVAC
$1,500,000
Financial System Upgrade
280,660
Las Tunas Dr Improvements
269,280
Pickle Ball Courts
24,000
Playground Improvements
4,200,000
Special Equipment
98,200
TOTAL
$6,372,140
b. A budget amendment to transfer the FY 2023-24 Law Enforcement budget
of $5,705,165 for Sheriff's costs from the General Fund to the ARPA Fund;
c. To direct the use the remaining ARPA fund balance of $2,329,350 for public
safety expenditures from the General Fund to ARPA fund (for the period of
July 1, 2024 to November 30, 2024 during the FY 2024-25 budget; and
d. The designation of $8,034,515 as "Assigned Fund Balance" in the General
Fund to be used for the approved ARPA projects and any new projects.
Section 2. The City Clerk shall certify to the adoption of this Resolution.
PASSED, APPROVED AND ADOPTED on this 2nd day of April 2024.
Tom Chavez, :yor
ATTEST- APPROVED AS TO FORM:
PP,/
Peggy oCity Clerk Greg Mufphy, City Attorne
1 1 1
I hereby certify that the foregoing resolution, Resolution No. 24-5728, was duly
passed, approved and adopted by the City Council of the City of Temple City at a regular
meeting held on the 2nd day of April 2024, by the following vote:
AYES: Councilmember — Chen, Man, Sternquist, Yu, Chavez
NOES: Councilmember — None
ABSENT: Councilmember — None
ABSTAIN: Councilmember — None
Peggy Ku`6, Cit Clerk