HomeMy WebLinkAboutReso 67-22 Adopting FY 2022-23 BudgetRESOLUTION NO. 67-22
RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF MORRO BAY, CALIFORNIA,
ADOPTING THE FISCAL YEAR 2022-23 OPERATING AND CAPITAL BUDGET
THE CITY COUNCIL
City of Morro Bay, California
WHEREAS, the City of Morro Bay is required to appropriate and expend funds, to conduct the
day-to-day business activity of the City; and
WHEREAS, the Morro Bay City Council finds and determines those appropriations and
expenditures are necessary for continued efficiency, economy, and effectiveness of the City
government operations; and
WHEREAS, the continuing efforts of staff to operate the business of the City, within an approved
budget, and to create savings, wherever feasible, are acknowledged by the City Council; and
WHEREAS, the City Council reviewed the Proposed Budget on May 24th and 25th, 2022 and
provided input and there have been a handful of subsequent changes since which are outlined in detail
in Exhibit 1, "Changes to the Proposed Budget since the May 24-25, 2022 Budget Study Sessions,"
attached hereto and incorporated herein by reference; and
WHEREAS, the City Council recognizes that Capital Improvement Projects and one-time
expenditures of American Rescue Plan Act (ARPA) funds that were authorized and approved in the
current and prior fiscal years, may not be completed by June 30, 2022; and
WHEREAS, the Revised Proposed Citywide revenue budget for FY 2022-23 is $69.8 million
and the proposed citywide expenditure budget is $77.4 million; and
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Morro Bay, California:
1. The Fiscal Year 2022-23 Operating and Capital Budget, attached hereto as Exhibit 2, at
Digital Interactive Version and at https://city-morro-bav-ca-budget-
book.cleargov.com/4923/introduction/transmittal-letter, and incorporated herein by
reference, including any amendments made during the City Council meeting dated June 28,
2022, are adopted and incorporated herein by reference; and ; and
2. Staff is directed to prepare and publish a final adopted budget document, with approved
amendments; and
3. Subject to paragraph 4, below, the City Manager is authorized to transfer appropriations
within the adopted budget, including from and to capital projects or capital outlay items, so
long as those changes do not significantly and negatively prevent implementation of any
City Council direction or policy, and total appropriations are not exceeded; and
4. City Council approval is required to transfer appropriations between funds and may approve
amendments to adopted budget by adoption of one or more resolutions; and
5. City Council authorizes and directs the carry forward of unspent budget balances for capital
projects and ARPA-funded projects approved in the current and prior fiscal years, but not
completed by June 30, 2022, to the Capital Improvement Project and ARPA Project budgets
for the FY 2022-23 fiscal year; and
6. City Council approval is required for any proposed increase to the number of CaIPERS
benefited, budgeted positions, hired; and
7. Per City Council minute order May 24, 2004, any expenditures, in excess of the
assessments received for the Cloister Assessment District, will be subsidized by the General
Fund, without additional request made to the City Council; and
PASSED AND ADOPTED, by the City Council of the City of Morro Bay, at a regular meeting
thereof held on the 28th day of June 2022, by the following vote:
AYES: Headding, Addis, Barton, Ford, Heller
NOES. None
ABSENT: None
EADDI NG, Mayor
ATTEST:
DANA SWANSON, City Clerk