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CC - 2021-14 - Amending the FY 2020-21 Operating Budget and Related Actions RESOLUTION NO. 2021-14 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD, CALIFORNIA, AMENDING THE FY 2020-21 OPERATING BUDGET AND RELATED ACTIONS WHEREAS,a fiscal review is a prudent method to ensure that the City maintains a healthy financial structure; and WHEREAS, the City routinely adjusts fiscal year revenue estimates and appropriations throughout the fiscal year, and WHEREAS,The City Council adopted the FY 2020-21 Operating Budget on June 9,2020, and NOW.,THEREFORE, by the City Council of the City of Rosemead, California, as follows: . . SECTION 1. That the Fiscal Year 2020-21 Mid-Year Budget Review has hereby been received and reviewed by the City Council. SECTION 2. That the City Council amends revenue estimates and appropriations for the following funds within the Fiscal Year 2020-21 City Operating Budget as follows: Fund Category Adopted Budget Amendment Revised Budget General Revenue 21,866,200 174,200 22,040,400 Fund Appropriation 24,743,200 (124,600) 24,618,600 Gas Tax Revenue 1,417,700 - 1,417,700 Appropriation 998,300 (80,000) 918,300 Prop A Revenue 1,257,300 - 1,257,300 Appropriation 1,160,500 232,100 1,392,600 Measure H Revenue - 15,000 15,000 Appropriation - 15,000 15,000 Clean Revenue 580,000 - 580,000 Water Appropriation 500,000 80,000 580,000 Grants Revenue 1,470,500 886,700 2,357,200 Appropriation 1,235,500 823,900 2,059,400 CDBG Revenue 1,723,200 213,190 1,936,390 Appropriation 1,714,200 222,190 1,936,390 C, E Revenue 1,766,700 345,060 2,111,760 _ -_ - Appropriation 1,461,000 650,760 2,111,760 Equipment Revenue - 100,900 100,900 Repl: Appropriation 200,000 - 200,000 Technology Revenue 309,500 (100,900) 208,600 Repl Appropriation 209,600 - 209,600 Total Revenue 1,634,150 Change Appropriation 1,819,350 SECTION 3. That the City Council retroactively affirms the creation and administration of Special Assignment Pay—Coronavirus in the amount of 5% of base pay beginning March 13, 2020, to those positions identified by the City Manager as due such pay. SECTION 4. The City Clerk shall certify to the passage and adoption of this resolution, and it shall thereupon be in full force and effect. PASSED, APPROVED,AND ADOPTED this 13th da • April 2021. �l Polly W ,Mai or APPROVED AS TO FORM: ATTEST: , , .,„ II Rach chman, ity Attorney Ericka Hernandez, City Clerk COUNTY OF LOS ANGELES ) § CITY OF ROSEMEAD ) I,Ericka Hernandez,City Clerk of the City Council of the City of Rosemead,California,do hereby certify that the foregoing City Council Resolution No. 2021-14 was duly adopted by the City Council of the City of Rosemead, California, at a regular meeting thereof held on the 13th day of April, 2021, by the following vote,to wit: AYES: ARMENTA, CLARK, DANG, LOW, LY NOES: NONE ABSENT: NONE ABSTAIN: NONE Ericka Hernandez, City Clerk