CC RES 2007-023 RESOLUTION NO. 2007-23
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS
VERDES, AMENDING RESOLUTION 2006-41, THE BUDGET APPROPRIATION
FOR FY06-07, FOR BUDGET ADJUSTMENTS TO THE CITY'S GENERAL FUND,
CAPITAL IMPROVEMENT PROJECTS, STREET MAINTENANCE, 1972 ACT,
1911 ACT, WASTE REDUCTION, PROPOSITION A FUND, HABITAT
RESTORATION, AND MEASURE A MAINTENANCE FUNDS OF THE CITY.
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 6, 2006, the City Council of the City of Rancho Palos Verdes
adopted Resolution 2006-41, approving a spending plan and authorizing a budget
appropriation for FY06-07: and
WHEREAS, certain FY06-07 program and/or department revenues, expenditures and
transfers, as described below, are expected to deviate from the amount budgeted; and
WHEREAS, the City Council desires that the FY06-07 budget be adjusted.
BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF
RANCHO PALOS VERDES:
The following adjustments be made to the FY06-07 budget:
General Fund Revenue Adjustments:
Taxes #101-6000-318-10-00 Property Transfer Tax $(141,000)
Taxes #101-6000-317-XX-XX Franchise Tax $ 75,000
Taxes #101-6000-318-20-00 Golf Tax $ 60,000
Permits #101-6000-322-10-00 Planning & Zoning $ 90,000
Use of Property #101-5060-364-10-30 PVIC Facility Rental $ 90,000
General Fund Expenditure Adjustments:
City Manager #101-1002-411-52-00 General Liability Insurance$ 300,000
City Attorney #101-1003-411-33-00 Legal Services $ 300,000
Personnel #101-1011-411-54-00 Advertising $ 4,000
Finance #101-2020-411-32-00 Professional Services $ 24,220
PVIC #101-5060-451-12-00 Part-Time Wages $ 15,000
General Fund Transfer Adjustments:
Transfers In #101-3007-391-10-00 From Waste Reduction $ 15,000
Transfers Out #101-6000-491-91-00 To CIP $(500,000)
Capital Improvement Projects Fund Transfer Adjustments:
Transfers In #330-3030-391-10-00 From Street Maintenance $ 372,375
Transfers In #330-3030-391-10-00 From General fund $(500,000)
Street Maintenance Fund Adjustments:
Revenue #202-3003-334-10-00 Traffic Congestion Relief $ 318,325
Transfers Out #202-3003-491-91-00 To CI P $ 372,375
1972 Act Fund Adjustment:
Transfers In #203-3010-391-10-00 From 1911 Act $ 50,755
1911 Act Fund Adjustment:
Transfers Out #211-3011-491-91-00 To 1972 Act $ 50,755
Waste Reduction Fund Adjustment:
Transfers Out #213-3013-491-91-00 To Storm Water Quality $ 15,000
Proposition A Fund Adjustment:
Maintenance #216-3016-431-43-00 MAX Contribution $ 2,900
Habitat Restoration Fund Adjustment:
Grant Revenue #222-3022-334-10-00 CA Dept. of Fish & Game $ 83,162
Measure A Maintenance Fund Adjustment:
Grant Revenue #224-3024-337-10-00 Measure A Maintenance $ 428,009
PASSED, APPROVED, AND ADOPTED THE 6th DAY • MARCH IA.
L / r i 1 .
Mayor
Attest:
City lerk
State of California )
County of Los Angeles )ss
City of Rancho Palos Verdes )
I, Carolynn Petru, City Clerk of the City of Rancho Palos Verdes, hereby certify that the
above Resolution No. 2007-23 was duly and regularly passed and adopted by the said
City Council at regular meeting thereof held on March 6, 2007.
Cit Clerk
Resolution No. 2007-23
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