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CC RES 2006-079RESOLUTION NO. 2006-79 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES AMENDING RESOLUTION NO. 2006 -41, THE BUDGET APPROPRIATION FOR FISCAL YEAR 06 -07, FOR A BUDGET ADJUSTMENT TO THE CITY'S GENERAL FUND. WHEREAS, on June 6, 2006 the City Council of the City of Rancho Palos Verdes adopted Resolution No. 2006 -41, approving a spending plan and authorizing a budget appropriation for the 2006 -2007 fiscal year; and, 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, additional funds are needed in the Community Outreach budget to sponsor for activities at Palos Verdes Peninsula High School which were not accounted for in the adopted FY 06 -07 Budget. BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: Section 1: The following increase be made to the fiscal year 2006 -2007 General Fund budget: General Fund: Grants to Other Entities #101 - 1005 - 411 -93 -00 $1,000 PASSED, APPROVED, and ADOPTED this 17th day of October 2006. Attest: 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. 2006 -79 was duly and regularly passed and adopted by the said City Council at regular meeting thereof held on October 17, 2006. LVA �. ' =__ I NN .__