HomeMy WebLinkAboutReso 87-20 for FY 2019-20 fourth Quarter AdjustmentsRESOLUTION NO. 87-20
RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF MORRO BAY, CALIFORNIA,
APPROVING FISCAL YEAR 2019/20 FOURTH QUARTER YEAR-END BUDGET
ADJUSTMENTS
THE CITY COUNCIL
City of Morro Bay, California
WHEREAS, City staff is preparing year-end accounting entries to close out the City's Fiscal
Year 2019/20 financial records; and
WHEREAS, in preparing year-end accounting entries staff have identified budget
adjustments; and
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Morro Bay,
California,
1. The operating budgets of the City are amended by the additional revenues and
expenditures, as shown on the attached Exhibit 1, to finalize Fiscal Year 2019/20 accounting records.
PASSED AND ADOPTED by the City Council of the City of Morro Bay at a regular meeting
thereof held on the 13th day of October 2020, by the following vote:
AYES' Headding, Addis, Davis, Heller, McPherson
NOES' None
ABSENT: None
ABSTAIN: None
JON HEADDING, Mayor
ATTEST:
DANA SWANSON, City Clerk
General Fund Expenditures
Adjustment)
t
Description
Total General Fund
0
U
u
Q
tit
1-
in_
c
Ll
General Fund Revenues
Adjustment)
N
N
Cr
m
U.)
Z£S
m
to
Ol
m
to
ri
ri
r-1
Description
Intrafund Transfer in from General Fund Emergency_Reserves
Trans from Special Rev Fund (Traffic Safety)
Total General Fund
Acct
3802
3820
Prog
7710
0
r1
N
N
r-i
ri
C
O
O
7
w
o
0
Enterprise Funds Expenditures
Adjustment
m
to
to
N
N
N
ri
N
145,924 1
N
co
to
o
in
ct
24,347
N
co
Ln
O
ct
23,854
o
N
m
N
cV
m
V
m
rn
o0
co
N
al
N
N:
N
m
l0
Nn
LII
Ul
i
rl
N
r
ri
Description
Intrafund Expense Transfer
Intrafund Expense Transfer
Intrafund Expense Transfer
State Water Contract
v
ru
m
OPEB - Sewer
OPEB - Harbor
Kiosk cash transfer for launch ramp parking
Transfer to WRF Capital Project
Total Other Funds
w
a
0
U
U
<
OttS
8410
8410
4913 1
4913
8410 1
8540
ri
m
m
r-1
rn
'Sr
w
CC
O
CL
O
O
0
5240
5240
5251
6510
O
0
ri
ri
N
r-1
N
ri
N
r 1
N
1 321
M
to
al
N
Ln
rn
C
D
w
ri
ri
ri
ri
N
m
r I
m
m
r-1
M
m
c--i
ri
cn
ri
m
Enterprise Funds Revenues
Adjustment,
$ 1,553,5581
$ 2,172,277
$ 145,924 )
o
N
m
N
N
m
N
o
of
cn
00
KC
Description
Intrafund Revenue Transfers in to Water WIFIA Reserve Fund
Intrafund Revenue Transfers in to Sewer WIFIA Reserve Fund
Intrafund Revenue Transfer in to Harbor Opperating Fund
Intrafund Revenue Transfer in to Harbor Accumulation Fund
Total Other Funds
3802
3802
r 3802
3802
0
U
Q
Prog
0
0
7710
0
r-1
N
N
ri
N
N
'-1
N
N
pund
'
f
N
m
rn
Ln
rn
r-1
CO
Cr)
r-1
m
Other Funds Expenditures
Adjustment
50,582
O
m
N
N
ct
M
to
N
m
to
a)
V
32,095
O
N
tD
V
oo
to
0
r-1
N
N
0
N
to
m
0
CO
m
0
N
N
N
16,177
N
N
O
m
N
N
N
ri
to
to
.1
61
ct
rI
ct
ri
a)
ri
00
m
1-1
.--1
1-1
c1
ri
ri
ri
Description
Intrafund Expense Transfer to TBID Operating Fund
Intrafund Expense Transfer to prefund pocket park
Transfer to General Fund
Transfers Out
Employer Paid Benefits
Unemployment Insurance
Contractual Services
[Grounds Maitenance Supplies - COVID
Ground Maintenance Supplies
Contractual Services
v1
Ill
Salary & Benefits
Transfer to fund Morro Rock Improvement
Treansfertofund General Plan Update
'General Plan Maitenance Fee
Total Other Funds
,-'
D
O
3410
0
0
tD
0
5501
U;).-1
0
IOSB
2790
'�
CO
U
Q
ri
CO
CD
r-1
O
Lail
0
M
ri
CO
r-i
r t
cr
CD
tCD
O
dN
0
0
0
O
4301 1
4314
4340
4460
6167
N
CD
N
1D
N
CD
O
ri
N
N
O
ri
N
ri
N
N
ri
N
N
ri
N
N
c--1
N
N
r 1
U)
ri
lD
ri
CD
1 Fund
TT
Ln
a)
280 1
430
0
m
v
0
m
CN
470 1
0
N
to
o
N
Li-)
o
N
Ln
Ln
to
Ln
299
O
o
a)
Ln
ri
Ln
o
ri
to
o
ri
to
Other Funds Revenues _
Adjustment]
{ 50,582 I
o
ct
to
148,852
a
N
rn
cn
r-i
Description
Transfer in to TBID fund From TBID Accumulation Fund
Other Misc. Revenues
Interest Income
Total Other Funds
4 -+
U
U
Q
3802
3990
0
r-1
N
m
t
o
I-
cL
7710
O
ri
ri
ri
ri
1
1-1r-1
007
) 280 )
N
C
Li
ri
in
Capital Projects Expenditures
Adjustment)
551
57,640
ri
rn
ri
00
L!)
Description
Morro Rock Parking Lot Imporvement
General Plan Update
Total Other Funds
Y
U
u
a)
a)
Ln
O
ri
N
ri
tD
t c,
O
d
0
CD
CD
co
8700 1
u)
Ln
-o
C
7
LL_
ri
a)
ri
a)
immum Capital Projects Revenues
Adjustment)
o
m
d-
in
CV
V
m
m
Ct
m
a)
CA
00
o0
N
N
Ncj
N
tol
ri
Ln
Ln
r-1
CC
ct
ri
ri
Description
Transfer In to prefund Tidelands Storm Water Pocket Park project
Transfer In to fund Morro Rock Improvements
Transfer In to fund General Plan Update
Transfer in from Sewer accumulation fund to Fund WRF
Total Other Funds
•-•
U
f
6105
0
ri
0
CO
m
1-1
O
r-1
N
N
00
m
Prog
0
0
0
GILL
ri
h
ri
N
r1
N
to
Ln
to
N
N
a)
L-
r I
a)
ri
a)
r-1
a)
7,767,710.47
Grand Total: Expenditures
7,226,290.38
Grand Total: Revenues