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HomeMy WebLinkAbout2024/10/22 City Council Resolution 2024-094 RESOLUTION NO. 2024-094 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROHNERT PARK AMENDING FY 2023-24 BUDGET AND CAPITAL IMPROVEMENT PROJECT (CIP) PROGRAM BUDGETS WHEREAS, on June 26, 2023, through Resolution No. 2023-052, the City Council reviewed and adopted the Fiscal Year 2023-24 City Budget and CIP Program budget; and WHEREAS, on July 11, 2023, through Resolution No. 2023-056, the City Council reviewed and adopted an amendment to the Fiscal Year 2023-24 CIP Program; and WHEREAS, staff recommends utilizing special revenue funds for certain projects that were planned but unbudgeted; and WHEREAS, the use of restricted special revenue funds such as: gas tax allocations or voter-approved sales-tax proceeds, can only be spent on projects or operational activities as specified by their originating legislation and resulting strategic expenditure plans, and such use is consistent with historical use of these funds; and WHEREAS,the City desires to amend the Fiscal Year 2023-24 Budget and CIP Program Budget to facilitate tracking of projects within the CIP and update funding sources for projects that may be funded with special revenues instead of general fund allocations;; and WHEREAS, this action is exempt from the California Environmental Quality Act, pursuant to CEQA Guidelines section 15306 and Guidelines section 15273(a)(4) because the CIP Program budget is a budgetary document for future actions and a process for allocating and obtaining funds for capital projects, necessary to maintain service. NOW THEREFORE BE IT RESOLVED by the Council of the City of Rohnert Park, that it does hereby approve and adopt amendments to the FY 2023-24 CIP Program Budget, as reflected in Exhibit A. BE IT FURTHER RESOLVED, that the Finance Director is hereby authorized and directed to make any changes and create appropriations necessary to the Budget to implement this amendment. DULY AND REGULARLY ADOPTED by the City Council of the City of Rohnert Park this 22nd day of October, 2024. CIT I " 'OHN RT PARK . 41111111111111 Susan Adams, Mayor ATTEST: Elizabeth Macha o, Assistant City Clerk Resolution 2024-094 Exhibit A - Amendments to FY 23-24 CIP Funding Allocations in Fund 7110, Special Revenue Funds and Fund 7109 TO Project Funding Prior to FY 2023-24 Adopted FY 2023-24 CIP Budget Funding Reduce funding allocation from Capital Improvement Projects Fund (Fund 7110) *** Reduce funding allocation from General Fund Increase Transfer Out from Measure M Parks (Fund 4322) Increase Transfer Out from Measure M Transportation (Fund 4327) Increase Transfer Out from Gas Tax HUTA (Fund 4420) Park In-Lieu Fee (Fund 4248) Increase Transfer Out from Gas Tax RMRA (Fund 4425) TRANSFERS IN to Capital Projects Fund (Fund 7110 or 7111) Project Name AB CDEFGHI J 1 Ladybug Park Improvements (CIP1924)$240,000 $20,000 ($20,000)$0 $20,000 $0 $0 $0 $0 $20,000 2 Holly-Fauna Bridge Feasibility Study (CIP2210) $49,430 $20,000 ($20,000)$0 $0 $20,000 $0 $0 $0 $20,000 3 2023-24 Various Streets Pavement Preservation (CIP2301) $1,306,273 $1,700,000 ($1,700,000)$0 $0 $0 $600,000 $0 $1,100,000 $1,700,000 4 Sidewalk Replacement Program (CIP2303) $100,000 $100,000 ($100,000)$0 $0 $0 $100,000 $0 $0 $100,000 5 Downtown Park (CIP2401)$0 $0 $0 ($500,000)$0 $0 $0 $500,000 $0 $500,000 6 Pickleball and Tennis Court Upgrades (CIP2307)$200,000 $2,000,000 ($2,000,000) TOTALS $1,895,703 $3,840,000 ($3,840,000) ($500,000)$20,000 $20,000 $700,000 $500,000 $1,100,000 $2,340,000 PROPOSED FY 23-24 AMENDMENTS FROM REDUCTIONS IN FUND 7110 AND TRANSFERS OUT FROM VARIOUS FUNDSCURRENT PROJECT BUDGET