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CC RES 2004-034RESOLUTION NO. 2004 -34 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 GENERAL 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 the 2003 -2004 fiscal year; and WHEREAS, the City Council desires to conduct a City Council /City Manager Leadership Development and Team Building Workshop; and WHEREAS, a budget appropriation of $12,000 will cover the cost of the consulting agreement for the workshop; and WHEREAS, the City Council desires that the FY 03 -04 General Fund budget be increased by $12,000 from the General Fund Reserve 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 FY 03 -04 budget: Increase the General Fund budget as follows: City Council Professional Services #001.101.35 $12,000.00 PASSED, APPROVED AND ADOPTED THE 5T" Attest: � City Clerk State of California ) County of Los Angeles ) ss City of Rancho Palos Verdes ) I, JO PURCELL, City Clerk of the City of Rancho Palos Verdes, hereby certify that the above Resolution No. 2004 -34 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on May 5, 2004. City Clerk