RESOLUTION NO. 25-____
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MENIFEE, CALIFORNIA, AMENDING THE FISCAL YEAR 2024/25 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 FY2024/25 budget as follows:
AMENDMENTS TO ADOPTED BUDGET:
Trust Fund 8350 Adopted FY 2024/25 Revenue Budget: $0.00
1. Record Appropriation(s):
CITY COUNCIL
MEETING DESCRIPTION ACCOUNT # AMOUNT
February 19, 2025
CIP 25-13 Ethanac Road/Antelope
Road/Highway 74 Intersection
Realignment Project
8350-00-XNC-XNCL-
000-00000-438850- 275,000.00
TOTAL: $275,000.00
Amended Trust Fund 8350 FY 2024/25 Revenue Budget: $275,000.00 Trust Fund 8350 Adopted FY 2024/25 Expenditure Budget: $0.00
2. Record Appropriation(s):
Amended Trust Fund 8350 FY 2024/25 Expenditure Budget: $275,000.00
3. Record Transfer of Funds:
FROM ACCOUNT # TO ACCOUNT # AMOUNT
8350-00-XNC-XNCL-000-
00000-260400- NOVA Liability
8350-00-XNC-XNCL-000-
00000-438850- NOVA Revenue
275,000.00
TOTAL: $275,000.00
CITY COUNCIL
MEETING DESCRIPTION ACCOUNT # AMOUNT
February 19, 2025
CIP 25-13 Ethanac Road/Antelope
Road/Highway 74 Intersection
Realignment Project
8350-57-PWD-CIPS-
000-00000-659000- 275,000.00
TOTAL: $275,000.00
Amending the Fiscal Year 2024/25 Trust Fund Budget
CIP 25-13 Agreement of Purchase for the Acquisition of Real Property 2 5
0 0
3 4
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MENIFEE DOES HEREBY RESOLVE AS FOLLOWS:
The annual budget for the Trust Fund 8350 for the City of Menifee for FY2024/25 is hereby increased and amended to reflect unanticipated revenues and expenditures as follows:
Revenues:
CIP 25-13 Agreement of Purchase for the Acquisition of Real Property $275,000.00 Amended Trust Fund 8350 FY2024/25 Budget $275,000.00
Expenditures:
CIP 25-13 Agreement of Purchase for the Acquisition of Real Property $275,000.00 Amended Trust Fund 8350 FY2024/25 Budget $275,000.00 PASSED, APPROVED AND ADOPTED this 19th day of February, 2025. _____________________________
Ricky Estrada, Mayor
ATTEST: APPROVED AS TO FORM:
____________________________ ____________________________ Stephanie Roseen, City Clerk Jeffrey T. Melching, City Attorney