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HomeMy WebLinkAbout2026/04/28 City Council Resolution 2026-033 RESOLUTION NO. 2026-033 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROHNERT PARK AUTHORIZING AN AMENDMENT TO THE CITY OF ROHNERT PARK FISCAL YEAR 2025-26 BUDGET TO INCREASE APPROPRIATIONS BY $15,000 FROM THE HOUSING PROJECTS SEPCIAL REVENUE FUND BALANCE (FUND 5720) WHEREAS, the City Council of the City of Rohnert Park adopted the Fiscal Year 2025- 26 Budget on June 10, 2025; and, WHEREAS,the City Council has the authority to amend the budget; and, WHEREAS,the adopted Fiscal Year 2025-26 Budget included an appropriation of $15,000 from the Housing Projects Special Revenue Fund(Fund 5720), also known as the Low and Moderate Income Housing Asset Fund(LMIHAF), for legal fees to support the implementation of programs from the City's 2023-2031 Housing Element; and, WHEREAS,the City requires additional legal services to support implementation of the Housing Element, including compliance with state housing laws; and WHEREAS,the City of Rohnert Park is required to adopt and maintain a Housing Element that complies with the requirements of State Housing Element Law; and WHEREAS,the funds in the Housing Projects Special Revenue Fund are Housing Successor Agency Funds remaining from the former Redevelopment Agency; and, WHEREAS, Housing Successor Agency funds are subject to the requirements of Health and Safety Code Section 34176.1, which governs how Housing Successor funds may be expended; and WHEREAS,the use of Housing Successor Agency Funds for legal fees related to the implementation of the Housing Element is an administrative activity that supports the monitoring and preservation of affordable housing pursuant to Section 34176.1; and, WHEREAS,there is sufficient fund balance in the Housing Projects Special Revenue Fund to accommodate this transfer. NOW,THEREFORE,BE IT RESOLVED by the City Council of the City of Rohnert Park that does hereby authorize and approve an amendment to the to the Fiscal Year 2025-26 budget to increase appropriations by $15,000 from the Housing Projects Special Revenue Fund balance. BE IT FURTHER RESOLVED that the City Manager and Finance Director are authorized and directed to take the actions necessary to effectuate this resolution. DULY AND REGULARLY ADOPTED BY THE CITY COUNCIL OF THE CITY OF ROHNERT PARK this 28th day of April, 2026. CITY OF ROHNERT PARK ?Akki Emily anborn, Mayor ATTEST: Sylvia Lopez Cuevas, City Clerk APP 0 ED AS TO FORM: Mi elle . en on, ity Attorney Attachments: Exhibit A ADAMS: ill GIUDICE: t, RODRIGUEZ LWARD: ! E SANBORN: ES: ( 4 ) NO : (�) ABSEN ( 1 ) ABSTAIN: Resolution 2026-033 Page 2 of 2 57202100 Redevelopment Agency Housing Projects Fund Adopted 25- 26 Budget Proposed Amendment Apr 2026 TOTALS TOTAL Charges for Services - - 57202100-50079 Interest Income-Allocated (25,700) (25,700) TOTAL Interest & Rents 25,700 25,700 TOTAL Other Revenue - - TOTAL Cost Allocation Rev - - TOTAL Transfer In - - TOTAL Salaries & Wages - - TOTAL Benefits - - 57202100-64030 Professional Legal Fees 15,000 15,000 30,000 TOTAL Services & Supplies 15,000 15,000 30,000 TOTAL Cost Allocation Exp - TOTAL Transfer Out - RDA-Housing Project - Revenue Totals 25,700 25,700 RDA-Housing Project - Expense Totals 15,000 30,000 TOTAL Net Increase (Decrease) Fund Balance 10,700 (4,300)