RESOLUTION NO. 24-____
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MENIFEE, CALIFORNIA, AMENDING THE FISCAL YEAR 2023/24 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 FY2023/24 budget as follows:
AMENDMENTS TO ADOPTED BUDGET:
Gas Tax Fund 200 Adopted FY 2023/24 Revenue Budget: $3,041,482.00
1. Record Appropriation(s):
CITY COUNCIL
MEETING DESCRIPTION ACCOUNT # AMOUNT
February 7, 2024 Mid-year Adjustment - Interest 200-3800 $7,600 TOTAL: $7,600
Amended Gas Tax Fund 200 FY 2023/24 Revenue Budget: $3,049,082.00 Gas Tax Fund 200 Adopted FY 2023/24 Expenditure Budget: $3,168,332.00
2. Record Appropriation(s):
Amended Gas Tax Fund 200 FY 2023/24 Expenditure Budget: $3,550,957.41
CITY COUNCIL
MEETING DESCRIPTION ACCOUNT # AMOUNT
N/A FY23/24 Carryovers 200-Various $363,800.41
May 1, 2024
CIP 24-04 Romoland
Elementary School ATP 200-4555-58177 18,825.00
TOTAL: $382,625.41
Amending the Fiscal Year 2023/24 Gas Tax Fund Budget
CIP 24-04 Dokken Design Agreement
2 4
8 4
5 3
3. Record Transfer of Funds:
FROM ACCOUNT # TO ACCOUNT # AMOUNT
TOTAL:
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MENIFEE DOES HEREBY RESOLVE AS FOLLOWS:
The annual budget for the Gas Tax Fund 200 for the City of Menifee for FY2023/24 is hereby increased and amended to reflect unanticipated revenues and expenditures as follows:
Revenues:
N/A $0.00
Amended Gas Tax Fund 200 FY2023/24 Budget $3,049,082.00
Expenditures:
CIP 24-04 Romoland Elementary School ATP $18,825.00
Amended Gas Tax Fund 200 FY2023/24 Budget $3,550,957.41 PASSED, APPROVED AND ADOPTED this 1st day of May, 2024. _____________________________
Bill Zimmerman, Mayor
ATTEST: APPROVED AS TO FORM:
____________________________ ____________________________ Stephanie Roseen, Acting City Clerk Jeffrey T. Melching, City Attorney