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:
Quality of Life Fund 1105 Adopted FY 2024/25 Revenue Budget: $21,584,750.00
1. Record Appropriation(s):
CITY COUNCIL
MEETING DESCRIPTION ACCOUNT # AMOUNT
June 5, 2024 Mid-Cycle Budget Adjustments Various $(733,750.00) February 5, 2025 Mid-Year Budget Adjustments
1105-20-XNC-XNCL-
000-00000-438000- $50,000.00
TOTAL: $(683,750.00)
Amended Quality of Life Fund 1105 FY 2024/25 Revenue Budget: $20,901,000.00 Quality of Life Fund 1105 Adopted FY 2024/25 Expenditure Budget: $21,584,750.00
2. Record Appropriation(s):
Amended Quality of Life Fund 1105 FY 2024/25 Expenditure Budget: $38,332,186.66
CITY COUNCIL
MEETING DESCRIPTION ACCOUNT # AMOUNT
June 5, 2024 Mid-Cycle Budget Adjustments Various $(733,750.00) July 1, 2024 FY2023/2024 Carryovers Various 14,278,782.66 February 5, 2025 Mid-Year Budget Adjustments Various 2,978,532.00 May 21, 2025
CIP 13-04 Bradley Road Bridge
Over Salt Creek
1105-55-PWD-CIPS-
000-00000-760000- 223,872.00
TOTAL: $16,747,436.66
Amending the Fiscal Year 2024/25 Quality of Life (Measure DD) Fund Budget CIP 13-04 Bradley Road Bridge Over Salt Creek
2 4
7 3
1 5
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 Quality of Life Fund 1105 for the City of Menifee for FY2024/25 is hereby increased and amended to reflect unanticipated revenues and expenditures as follows:
Revenues:
N/A $0.00
Amended Quality of Life Fund 1105 FY2024/25 Budget $20,901,000.00
Expenditures:
CIP 13-04 Bradley Road Bridge Over Salt Creek $223,872.00 Amended Quality of Life Fund 1105 FY2024/25 Budget $38,332,186.66 PASSED, APPROVED AND ADOPTED this 21st day of May, 2025. _____________________________
Ricky Estrada, Mayor
ATTEST: APPROVED AS TO FORM:
____________________________ ____________________________ Stephanie Roseen, City Clerk Jeffrey T. Melching, City Attorney