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HomeMy WebLinkAbout2024-02-27; City Council; Resolution 2024-041RESOLUTION NO. 2024-041 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, AUTHORIZING THE CITY MANAGER OR DESIGNEE TO APPROPRIATE $245,000 FROM THE FLEET MAINTENANCE FUND FOR CITYWIDE FUEL COSTS AND $80,000 FROM THE STORMWATER ENTERPRISE FUND FOR A FUNDING STUDY TO THE FISCAL YEAR 2023-24 OPERATING BUDGET WHEREAS, the City Council of the City of Carlsbad, California, has determined that citywide fuel costs for the city's fleet have been increasing year over year in recent history; and WHEREAS, the Fleet Maintenance lnternal Service Fund requires additional budget funds for the rest of fiscal year 2023-24 in the amount of $245,000 to account for these increasing fuel costs; and WHEREAS, the city's Stormwater Enterprise Fund has annual expenses that exceed the current available funding sources, resulting in an annual fund deficit; and WHEREAS, the Stormwater Enterprise Fund requires an additional budget of $80,000 to hire a consultant to perform a funding study; and WHEREAS, the intent of the study is to identify a combination of potential funding opportunities to fully fund the stormwater program moving forward. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carlsbad, California, as follows: 1. That the above recitations are true and correct. 2. That the City Manager or designee shall be authorized to appropriate $245,000 to the Fleet Maintenance Fund's 2023-24 operating budget to fund fuel costs. 3. That the City Manager or designee shall be authorized to appropriate $80,000 to the Stormwater Enterprise Fund's 2023-24 operating budget to perform a funding study. PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council of the City of Carlsbad on the 27th day of February, 2024, by the following vote, to wit: AYES: NAVS: ABSTAIN: ABSENT: BLACKBURN, BHAT-PATEL, ACOSTA, BURKHOLDER, LUNA NONE. NONE. NONE. KEITH BLACKBURN, Mayor SHERRY FREISINGER, City Cl erk (SEAL)