Stanton
City Council
Agenda Item F
9F. MAY 2024 GENERAL FUND REVENUE AND EXPENDITURE REPORT; HOUSING\nAUTHORITY REVENUE AND EXPENDITURE REPORT; STATUS OF CAPITAL\nIMPROVEMENT PROGRAM; AUTHORIZE PAYMENT TO BEN’S ASPHALT, AND\nAPPROPRIATION OF FUNDS FOR FISCAL YEAR 2023/24 OPERATING BUDGET\nThe Revenue and Expenditure Report for the month ended May 31, 2024, has been\nprovided to the City Manager in accordance with Stanton Municipal Code Section\n2.20.080 (D) and is being provided to City Council. This report includes information for\nboth the City’s General Fund and the Housing Authority Fund.\nIn addition, staff is requesting ratification of the payment to Ben’s Asphalt, Inc. for\nemergency work performed on Lampson Avenue. This expenditure can be funded by the\nCity’s Gas Tax Fund (#211) because it is related to street maintenance. The amount of\nthe invoice is $55,801.40, which is not included in the City’s Fiscal Year 2023/24\nOperating Budget. As a result, staff is requesting City Council approval to appropriate\nfunds from the Gas Tax Fund’s available fund balance.\nJuly 9, 2024\nRECOMMENDED ACTION:\n1. City Council find that this item is not subject to California Environmental Quality Act\n(“CEQA”) pursuant to Sections 15378(b)(5) (Organizational or administrative activities\nof governments that will not result in direct or indirect physical changes in the\nenvironment); and\n2. Receive and file the General Fund and Housing Authority Fund May 2024 Revenue\nand Expenditure Reports and Status of Capital Improvement Projects for the month\nended May 31, 2024; and\n3. Waive competitive bidding requirements in the City’s purchasing policy; and\n4. Ratify the payment to Ben’s Asphalt, Inc. in the amount of $55,801.40 for emergency\nwork performed on Lampson Avenue; and\n5. Approve an appropriation of $55,801 from the Gas Tax Fund’s (#211) available fund\nbalance to fund the emergency work completed on Lampson Avenue.