CC RES 2004-060RESOLUTION NO. 2004-60
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES,
AMENDING RESOLUTION 2004 -45, THE BUDGET APPROPRIATION FOR FISCAL YEAR
2004 -05, FOR A BUDGET ADJUSTMENT TO THE CITY'S ABALONE COVE SEWER
MAINTENANCE FUND AND 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 1, 2004, the City Council of the City of Rancho Palos Verdes
adopted Resolution 2004 -45, approving a spending plan and authorizing a budget
appropriation for the 2004 -05 fiscal year; and
WHEREAS, it is necessary for the City to allocate additional funds to subsidize the
Abalone Cove Sewer Maintenance Fee; and
WHEREAS, a budget increase in the Abalone Cove Sewer Maintenance Fund is
necessary to authorize the expenditure of additional funds for maintenance services.
BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO
PALOS VERDES:
The following adjustments be made to the following funds:
Abalone Cove Sewer Maintenance
125 - 325 -30
Maintenance
$ 21221
Abalone Cove Sewer Maintenance
125 - 311 -10
Revenue
($10,540)
Abalone Cove Sewer Maintenance
125 - 391.10
Transfer In
$12,761
General Fund
001 - 391.20
Transfer Out
$12,761
PASSED, APPROVED, AND ADOPTED T
Attest:
City Clerk
State of California )
County of Los Angeles )ss
City of Rancho Palos Verdes )
DAY QF J uAi 2004.
Mayor
I, JO PURCELL, City Clerk of The City of Rancho Palos Verdes, hereby certify that the
above Resolution No. 2004 -60 was duly and regularly passed and adopted by the said
City Council at regular meeting thereof held on July 6, 2004.
City Clerk