CC RES 2008-090 RESOLUTION NO. 2008-90 .
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS
VERDES, AMENDING RESOLUTION 2008-47, THE BUDGET APPROPRIATION
FOR FY08-09, TO ADJUST THE BUDGET IN THE GENERAL FUND,
BEAUTIFICATION FUND, PROPOSITION C FUND, HABITAT RESTORATION FUND
AND DEVELOPMENT IMPACT MITIGATION FUND.
WHEREAS, Section 3.32 of the Rancho Palos Verdes Municipal Code provides that all
expenditures in excess of budgeted allocations must be by supplemental appropriation
of the City Council: and
WHEREAS, on June 17, 2008, the City Council of the City of Rancho Palos Verdes
adopted Resolution 2008-47, approving a spending plan and authorizing a budget
appropriation for FY08-09: and
WHEREAS, certain programs included in the FY08-09 budget will have expenditures
which vary from the adjusted budget; and
WHEREAS, the City Council desires that the FY08-09 budget be adjusted for each of
these programs to assure budgetary compliance.
BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF
RANCHO PALOS VERDES:
The following adjustments are made to the FY08-09 budget:
Adjust the General fund budget as follows:
NCCP #101-4005-32-00 Professional/Technical $ 9,000
Adjust the Beautification fund budget as follows:
Transfers Out #212-3012-91-00 To CIP/Hawthorne Medians $ 155,000
Adjust the Proposition C fund budget as follows:
Transfers Out #215-3015-91-00 To CIP/Arterial Rehabilitation $ 600,000
Adjust the Habitat Restoration fund budget as follows:
Re-Veg & Maint #222-3022-73-00 Improvements $ 50,000
Adjust the Development Impact Mitigation (EET) fund budget as follows:
Transfers Out #338-3038-91-00 To Gen'I Fund/Civic Center Study$ 20,000
_ _ 1
T
PASSED, APPROVED AND ADOPTED the 16th day of Se - ber 4008.
, ' A tqb
Mayor
ATTEST:
_ . : f
City Clerk
State of California )
County of Los Angeles )ss
City of Rancho Palos Verdes L
Y )
I, Carla Morreale, City Clerk of the City of Rancho Palos Verdes, hereby certify that the
above Resolution No. 2008- 90 was duly and regularly passed and adopted by the said
____4
City Council at regular meeting thereof held on September 16, 200 t
(--ilei. 4---- gi/V-ii/C__
City Clerk
Resolution No. 2008-90
Page2 of 2