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CC RES 2010-081 RESOLUTION NO. 2010-81 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, AMENDING RESOLUTION 2010-55, THE BUDGET APPROPRIATION FOR FY10-11, TO ADJUST THE BUDGET IN THE CITY'S GENERAL FUND, PROPOSITION A FUND, PROPOSITION C FUND, MEASURE R FUND, AND BIKEWAYS FUND. WHEREAS, on June 15, 2010, the City Council of the City of Rancho Palos Verdes adopted Resolution 2010-55, approving a spending plan and authorizing a budget appropriation for FY10-11: and WHEREAS, the City Council desires to exchange General Fund money for Proposition A money with the City of Rolling Hills and receive gifts of Proposition C money, Measure R money, and Transportation Development Act (TDA) Article 3 money from the City of Rolling Hills; and WHEREAS, the City Council desires that the FY10-11 budget be adjusted. BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: The following adjustments are made to the FY10-11 budget: General Fund Adjustments: Transfers Out #101-6000-491-91-00 To Proposition A $ (60,000) Public Works Admin#101-3001-431-69-00 Misc Expenditure $ 48,750 Proposition A Fund Adjustment: Prop A #216-3016-369-10-00 Misc Revenue $ 65,000 Proposition C Fund Adjustment: Prop C #215-3015-369-10-00 Misc Revenue $ 18,000 Measure R Fund Adjustment: Measure R #220-3020-369-10-00 Misc Revenue $ 6,000 Bikeways Fund Adjustment: Bikeways #340-3040-369-10-00 Misc Revenue $ 9,750 Resolution No. 2010-81 Page 1 of 2 PASSED, APPROVED, AND ADOPTED THE 21st DAY OF SEPTEMBER 2010. 4111k Ma or ATTEST: / 4APA__ CAVuLedk City Clerk State of California ) County of Los Angeles )ss City of Rancho Palos Verdes ) I, Carla Morreale, City Clerk of the City of Rancho Palos Verdes, hereby certify that the above Resolution No. 2010-81 was duly and regularly passed and adopted by the said City Council at regular meeting thereof held on September 21, 2010. r / ■ City Clerk Resolution No. 2010-81 Page 2 of 2