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CC RES 2004-014RESOLUTION NO. 2004-14 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, AMENDING RESOLUTION 2003 -42, THE BUDGET APPROPRIATION FOR FISCAL YEAR 2003 -2004, FOR A BUDGET ADJUSTMENT TO THE CITY'S EQUIPMENT REPLACEMENT 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 3, 2003, the City Council of the City of Rancho Palos Verdes adopted Resolution 2003 -42, approving a spending plan and authorizing a budget appropriation for FY03 -04: and WHEREAS, upgrade of the City's accounting software requires an additional appropriation within the Computer Equipment program of the Equipment Replacement fund; and WHEREAS, the City Council desires that the FY03 -04 budget appropriation for purchase of computer equipment be increased. BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: The following adjustment be made to the FY03 -04 budget: Increase the Equipment Replacement fund budget as follows: Computer Equipment #781 - 382 -86 Computer Equipment $ 80,000 PASSED, APPROVED, AND ADOPTED THE D M CH 2004. Mayor State of California County of Los Angeles City of Rancho Palos Verdes )ss I, JO PURCELL, City Clerk of The City of Rancho Palos Verdes, hereby certify that the above Resolution No. 2004 -14 was duly and regularly passed adopted by the said City Council at regular meeting thereof held on ar h 2, 200 . ,i City Clerk