HomeMy WebLinkAboutReso 93-22 FY 2021-22 Year-End Budget AdjustmentsRESOLUTION NO. 93-22
RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF MORRO BAY, CALIFORNIA,
APPROVING FISCAL YEAR 2021-22 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 2021-22 financial records; and
WHEREAS, in preparing year-end accounting entries staff have identified budget adjustments
needed to ensure that the City ends the year consistent with Council's fiscal direction; 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 A, to finalize Fiscal Year 2021-22
accounting records.
PASSED AND ADOPTED by the City Council of the City of Morro Bay at a regular meeting
thereof held on the 25th day of October 2022, by the following vote:
AYES:
Headding, Addis, Barton, Ford, Heller
NOES:
None
ABSENT:
None
ABSTAIN:
None
JOHNIHEADNNe', Mayor
ATTEST:
DANA SWANSON, City Clerk
Exhibit A - FY 2021-22 Year -End Budget Adjustments
peigralFujiARevenues
Fund
I Dept
Acct
Description Purpose
Adjustment
001
1 7710
1 3820
ITransfer to General Fund (from Traffic Safety Fund) ITo recognize funds received
4,500.00
Total
4,500.00
Other Funds Expenditures
Fund
Dept
Acct
Description
Purpose
Adjustment
051
7710
8410
Carryforward Budget from FY20-21 for Public Safety Power
Shutoff project
FY20-21 Budgeted Transfer Out
20,347.00
280
7710
8510
Transfer to General Fund (from Traffic Safety Fund)
To recognize funds received
4,500.00
570
6167
4110
Cloisters Park Maintenance Personnel
To cover cost over budget
13,200.00
575
7710
8501
Cloisters Park Accumulation
To cover CIP Expend in FY 21-22
5,810.00
Total General Fund
43,857.00