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CC RES 2005-015RESOLUTION NO. 2005-15 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, AMENDING RESOLUTION 2004 -45, THE BUDGET APPROPRIATION FOR FY04 -05, FOR BUDGET ADJUSTMENTS TO THE CITY'S GENERAL FUND, STREET MAINTENANCE FUND, SUBREGION 1 MAINTENANCE FUND AND EMPLOYEE BENEFITS 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 1, 2004, the City Council of the City of Rancho Palos Verdes adopted Resolution 2004 -45, approving a spending plan and authorizing a budge' appropriation for FY04 -05: and WHEREAS, certain FY04 -05 program and /or department expenditures, as described below, are expected to exceed the amount budgeted; and WHEREAS, the City Council desires that the FY04 -05 budget appropriation for certain expenditures be increased. BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: The following adjustments be made to the FY04 -05 budget: Adjust the General Fund budget as follows: City Manager #101- 1002- 411 -71 -00 Lot Line Adjustments $30,500 Sheriff #101- 1021- 421 -32 -00 CORE Deputy Funding $63,500 Traffic Mgt #101- 3006 - 431 -32 -00 Traffic Engineering $40,000 Storm Water Qlty #101- 3007 - 431 -32 -00 Offshore Monitoring ($30,000) Parks /Trails /OS Mnt #101- 3009 - 431 -43 -00 Extraordinary Repairs $10,000 Adjust the Street Maintenance Fund budget as follows: St Maint -Non Pvmt #202 - 3003 - 431 -43 -00 Guardrails & Tree Trim $70,000 Adjust the Subregion 1 Maintenance Fund budget as follows: Subregion 1 1 #223- 3023 - 431 -43 -00 Water Usage $12,000 Adjust the Employee Benefits Fund budget as follows: Employee Benefits #685- 1015 - 499 -52 -00 Workers Comp Retro $19,000 PASSED, APPROVED, AND ADOPTED THE 15TH DAY OF FEBRUARY 2005. Attest: Rupmr,zd.m. 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. 2005 -15 was duly and regularly passed and adopted by the said City Council at regular meeting thereof held on February 15, 2005. Resolution No. 2005 -15 Page 2of2