TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL STY MANAGER FROM: OFFICE OF THE CITY MANAGER
BY: STEPHEN W. HANNAH, DIRECTOR OF FINANCE
DATE: OCTOBER 10, 2023
SUBJECT: AMENDMENT TO RESOLUTION NO. 23-8174 ADOPTING THE FISCAL YEAR 2023-2024 BUDGET TO CORRECT A TYPOGRAPHICAL ERROR
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The City Council will consider amending Resolution No. 23-8174. Resolution No. 23-8174 that was approved by the Downey City Council had a typographical error in relation to the appropriation limit. The amendment will include the correct appropriation limit as provided during the Budget Workshop and Budget Adoption presentations.
RECOMMENDATION
That the City Council:
Adopt Resolution No. 23 -8197 Amending the Adopted Fiscal Year 2023-2024 Budget.
On June 27, 2023 the City Council approved Resolution No. 23-8174 with an appropriation limit of $249,572,492 for City Operations. The $249,572,492 number was a typographical error in the budget resolution document as it did not include monies related to CIP projects, specifically $6,025,000 in Special Revenue Fund 40 — CIP Projects and $16,690,000 in Enterprise Fund 51- Water Utility to total the actual Citywide appropriation limit of $272,278,492 that was stated in the Budget Workshop and Budget Adoption presentations, as well as entered in the City's financial system.
The adopted budget resolution, Resolution No. 23-8174 needs to be amended to state the correct total Citywide appropriation limit of $272,278,492 to align with the appropriations limit stated during the Budget Workshop and Budget Adoption presentations before the City Council, and entered in the City's financial system. Again, the proposed action is to correct a typo in the adopted budget resolution to match the presentation of budget information that was given to the City Council and community. No additional appropriations or requests for funding are a part of nor proposed as part of this action.
AMENDMENT TO RESOLUTION NO. 23-8174 ADOPTING THE FISCAL YEAR 2023-2024 BUDGET TO
CORRECT A TYPOGRAPHICAL ERROR
OCTOBER 10, 2023
PAGE 2
ANALYSIS
Attached to this report is Resolution No. 23-8197, which amends Resolution No. 23- 8174, Adopting the Fiscal Year 2023-2024 Budget and the Annual Appropriation Limit.
The budget resolution and its Exhibit A "Summary of Resources and Requirements by Funds" states the correct appropriation limit of $272,278,492.
There is no financial impact to City funds as the $272,278,492 amount was the number presented to the public and the expected budget for Fiscal Year 2023-2024, and was correctly entered in the City's financial system at time of budget adoption.
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Fiscal Responsibility
FISCAL IMPACT
There is no fiscal impact to correct the typographical error.
ATTACHMENTS
Attachment A: Resolution 23-8197
RESOLUTION NO. 23-8197
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY
AMENDING THE ADOPTED FISCAL YEAR 2023-2024 BUDGET
WHEREAS, the City Council considered and approved the proposed budget recommended by the City Manager for the Fiscal Year 2023-2024; and WHEREAS, the adopting resolution, Resolution No. 23-8174, contained a typographical error resulting in the understatement of the total adopted budget; and WHEREAS, the typographical error was also reflected in the exhibit to the resolution; and WHEREAS, the error was limited to the Capital Improvement Project and Water Utility Funds; and
WHEREAS, the error resulted from the exclusion of appropriations related to multi -year capital projects.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DOWNEY DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The budget for the City of Downey for fiscal year 2023-2024 is hereby amended as set forth in the statement of Summary of Resources and Requirements by Fund.
The City Manager is hereby authorized to expend, in accordance with the laws of the State of California, the Charter of the City of Downey and its ordinances, on behalf of the City Council, an amount of $272,287,492 for City operations as per Exhibit "A".
SECTION 2. City staff is directed to prepare and publish a final budget document incorporating these changes approved by the City Council.
SECTION 3. The original adopting resolution, Resolution No. 23-8174, remains effective and unchanged in all respects not contained or addressed in this Resolution.
SECTION 4. The City Clerk shall certify to the adoption of this Resolution.
APPROVED AND ADOPTED this 1 oth day of October, 2023.
CLAUDIA M. FROMETA, Mayor
ATTEST:
MARIA ALICIA DUARTE, CMC
City Clerk
I HEREBY CERTIFY that the foregoing Resolution was adopted by the City Council of the City of Downey at a Regular meeting held on the 1 oth day of October, 2023, by the following vote, to wit:
AYES: Council Members:
NOES: Council Members:
RESOLUTION NO. 23-8197
PAGE 2
ABSENT: Council Members:
ABSTAIN: Council Members:
MARIA ALICIA DUARTE, CIVIC
City Clerk
RESOLUTION NO. 23-8197
PAGE 3
EXHIBIT A
SUMMARY OF RESOURCES AND REQUIREMENTS BY FUNDS 10-00-23 10 General Fund 44,437,000 100,056,434 3,526,000 1,980,000 149,999,434 104,461,193 900,000 105,361,193 44,638,241 General Fund 65 Civic Center 1,320,802 1,320,802 1,834,025 1,834,025 (513,223) Civic Center 73 Special Deposit Fund 400 400 - - 400 Special Deposit Fund 76 Liability Insurance 3,868,169 3,868,169 3,834,065 3,834,065 34,104 Liability Insurance 11 Federal Police Grant 310,000 310,000 - - 310,000 Police Grants 13 Fire Dept. Haz Material 175,000 175,000 241,582 241,582 (66,582) 14 Federal Fire Grant 131,000 131,000 - - 131.000 Federal Fire Grant 20 Waste Management
24,938
22 Air Quality
541,787
23 Street Lighting
(330,470
24 Learning Center
253
25 TDA Article III
57,273
27 29 Federal Home Program 673,313 481
444,938 561932 563.932 (11
2,219
1,041
57 30,681
140
1,875
1,154
[Kt
10 Wit
14M
113
aste
31 LSTA Fund
389
-
389
-
-
389
LSTA GRANT
32 State - SB 1
4,174,543
2,802,896
6,977,439
-
4,300,000
4,300,000
2,677,439
S81
35 Measure S - Sales Tax
4,139,879
15,000 4,162,890
8,317,769
4,162,890
-
4,162,890
4,154,879
Measure S - Sales Tax
38 Vehicle Impact
3,884,428
1,750,000
5,634,428
2,267
4,530,000
4,532,267
1,102,161
Vehicle Impact
47 Art In Public Places
351,393
75,000 -
426,393
550
-
550
425,843
Art in Public Places
50 Storm Drain Fund
(160,514)
3,697,924 -
3,537,410
517,355
4,101,320
4,618,675
(1,081,265)
Storm Drain Fund
54 Transit - "PROP. C"
2,999,293
2,889,941
5,889,234
39,513
2,775,000 1,000,000
3,814,513
2,074,721
Transit - "PROP. C"
55 Transit - "PROP, A"
3,083,593
3,247,299 1,000,000
7,330,892
3,534,616
3,534,616
3,796,276
Transit -'PROP. A'
56 Transit - "MEAS. R"
3,534,676
2,015,205
5,549,881
853,806
2,153,945
3,007,751
2,542,130
Transit - "MEAS. R"
57 Transit - "MEAS. M'
4,565,751
2,279,099
6,844,850
1,022,481
2,983,541
4,006,022
2,838,828
Transit - "MEAS: M"
58 Transit - "MEAS. M" BOND
3,637,218
100
3,637,318
-
3,775,001
3,775,001
(137,683)
Transit - "MEAS. M " Bond
59 Transit - "MEAS, 13" BOND
3,866,853
-
3,866,853
3,970,235
3,970,235
(103,382)
Transit - "MEAS. R"Bond
74 State Asset Forfeiture
-
150.000
150,000
-
-
150.000
State Asset Forfeiture
33 Sales Tax - "MEAS. S" 68,020 1,056,479 1,124,499 1,056,479 420,823 1,477,302 (352,803) Measure S 34 NASA Infrastructure 246,635 246,635 - - 246,635 NASA Infrastructure 36 Capital Proiect Firestone 787,583 - 787,583 357 590,657 591,014 196,569 Capital Proiect 52 Golf Course Fund
268
im
2,914,743
Golf Course Fund
62 Equipment Fund 357,467 3,333,016 3,690,483 3,472,735 3,472,735 217,748 Equipment Fund RESOLUTION NO. 23-
EXH I BIT A 9/28/202312:10 PIVI