RESOLUTION NO. ________
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA MAKING VARIOUS AMENDMENTS TO THE
FISCAL YEAR 20 21/22 BUDGET TO ADJUST FOR
VARIANCES AND APPROPRIATING FUNDS THEREFOR (4/5
VOTE REQUIRED)
WHEREAS, the City Charter states that at any meeting after the adoption of the budget, the City Council may amend or supplement the budget by a motion adopted by the affirmative votes of at least four members; and
WHEREAS, staff has completed the budget review for the quarter ending June 30, 2022 and is recommending a number of budget amendments; and
WHEREAS, staff is recommendi ng increasing $18,025,919 in expense appropriations to various departments in the General Fund and increasing revenues appropriations by $14,825,285, resulting in a negative net impact of $3,200,634 to the General Fund; and
WHEREAS, Bayfront Lease Revenue Fund, 2016 Measure P Sales Tax Fund, 2018 Measure A Sales Tax Fund, and Capital Improvement Projects Fund will be positively impacted as a result of increased revenue appropriations resulting from the recommended changes; and
WHEREAS, the Federal Grants Fund, RDA Successor Agency Fund, Section 115 Trust Fund, Public Liability Trust Fund, Bayfront Special Tax District, Centra l Garage Fund, an d Transport Enterprise Fund will be negatively impacted due to adjustments that will add appropriations that will be made from the available balances of these funds; and
WHEREAS, the recommended adjustments to the Utility Tax Settlement Fund, OR V2 Pub Benefit Contribution Fund, Parking Meter Fund, Developer Contributions Fund, Donations, Fund, Permanent Endowments Fund, State Grants Fund, Chula Vista Housing Authority Fund, Equipment Vehicle Replacement Fund, Vehic le Replacement Fund, Bayfront Trolley Station Fund, CV Elite Training Center Fund, Long Term Debt – City of CV Fund, and 2017 CREBs LRBs Fund consist of offsetting adjustments between revenue and expenditure categories and are neutral resulting in no net impact to these funds.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, that it does hereby amend the fiscal year 2021/22 budget and approves the following appropriations and transfers:
Resolution No. ________
Summary of General Fund Appropriations and/or Transfers
Summary of Appropriations and/or Transfers for Other Funds
Presented by: Approved as to form by:
Sarah Schoen Glen R. Googins
Director of Finance City Attorney
Other Funds Budget Admendments Summary - 4th Quarter Fiscal Year 2021/2022
PERSONNEL SUPPLIES & OTHER OTHER CIP TRANSFERS TOTAL TOTAL
SERVICES SERVICES EXPENSES CAPITAL BUDGET OUT UTILITIES EXPENSE REVENUE NET COST
OTHER FUNDS
Bayfront Lease Revenue -$ -$ -$ -$ -$ -$ -$ -$ (294,107)$ (294,107)$ 2016 Measure P Sales Tax - - - - - - - - (4,625,105) (4,625,105) 2018 Measure A Sales Tax - - - - - - - - (4,590,294) (4,590,294) Utility Tax Settlement - - 22 - - - - 22 (22) - OR V2 Pub Benefit Contribution - - 82 - - - - 82 (82) - Parking Meter - - - - - - 5,649 5,649 (5,649) - Developer Contributions - - 93,025 - - - - 93,025 (93,025) - Donations - - 160,934 - - - - 160,934 (160,934) - Permanent Endowments - (160,934) - - - - - (160,934) 160,934 - Federal Grants - - - - 50,000 - - 50,000 - 50,000 State Grants - - - - 9,002,506 (9,002,506) - - - - Chula Vista Housing Authority - - (3,426,935) - - - - (3,426,935) 3,426,935 - RDA Successor Agency Fund - - 46,522 - - - - 46,522 - 46,522 Section 115 Trust - 36,278 - - - - - 36,278 - 36,278 Public Liability Trust - 291,949 410,876 - - - - 702,825 (79,806) 623,019 Bayfront Special Tax District - - 569,589 - - - - 569,589 (408,624) 160,965 Central Garage Fund - 208,955 - - - - - 208,955 (56,393) 152,562 Equipment Vehicle Replacement - - 240 - - - - 240 (240) - Vehicle Replacement Fund - - 63,051 - - - - 63,051 (63,051) - Bayfront Trolley Station - - 19 - - - - 19 (19) - CV Elite Athlete Training Ctr - - 298,436 - - - - 298,436 (298,436) - Transport Enterprise - 652,353 - 609,755 - - - 1,262,108 (652,353) 609,755 Long Term Debt - City of CV 10,833,455 - - - - - - 10,833,455 (10,833,455) - 2017 CREBs LRBs - 4,968 - - - - - 4,968 (4,968) - Capital Improvement Projects - - - - (9,002,506) - - (9,002,506) 8,060,823 (941,683) Total Other Funds 10,833,455$ 1,033,569$ (1,784,139)$ 609,755$ 50,000$ (9,002,506)$ 5,649$ 1,745,783$ (10,517,871)$ (8,772,088)$
DEPARTMENT