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CC RES 2006-078RESOLUTION NO. 2006-78 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, AMENDING RESOLUTION 2005 -53, THE BUDGET APPROPRIATION FOR FY05 -06, TO INCREASE THE BUDGET IN THE GENERAL FUND, THE MEASURE A CAPITAL FUND, AND THE BIKEWAYS 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 May 31, 2005, the City Council of the City of Rancho Palos Verdes adopted Resolution 2005 -53, approving a spending plan and authorizing a budget appropriation for FY05 -06; and WHEREAS, certain programs included in the FY05 -06 budget will have expenditures in excess of the adjusted budget; and WHEREAS, the City Council desires that the FY05 -06 budget be increased 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 be made to the FY05 -06 budget: Increase the General fund budget as follows: City Manager #101 - 1002 -52 -00 General Liability Insurance City Attorney #101 - 1003 -33 -00 Legal Services Geology #101 - 4006 -32 -00 Professional/Technical Increase the Measure A Capital fund budget as follows: Measure A Capital #339 - 3039 -91 -00 Transfer Out for PVIC Increase the Bikeways fund budget as follows: TDA Article 3 #339 - 3039 -91 -00 Return unused grant allocation PASSED, APPROVED, AND ADOPTED THE 3rd DAY OF OCTOBER 2006. Attest: State of California ) County of Los Angeles )ss City of Rancho Palos Verdes ) $ 200,103 $ 112,520 $ 16,678 $ 10,000 $ 373 I, Carolynn Petru, City Clerk of the City of Rancho Palos Verdes, hereby certify that the above Resolution No. 2006 -78 was duly and regularly passed and adopted by the said City Council at regular meeting thereof held on October 3, 2006. �� L r� w �` , ► 1 � a