Loading...
CC RES 2003-011RESOLUTION NO. 2003-11 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, AMENDING RESOLUTION 2002 -45, THE BUDGET APPROPRIATION FOR FISCAL YEAR 2002 -2003, FOR BUDGET ADJUSTMENTS TO THE CITY'S GENERAL FUND, STREET MAINTENANCE FUND, CAPITAL IMPROVEMENT PROJECTS FUND, AND COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) 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 12, 2002, the City Council of the City of Rancho Palos Verdes adopted Resolution 2002 -45, approving a spending plan and authorizing a budget appropriation for the 2002 -2003 fiscal year: and WHEREAS, certain 2002 -2003 fiscal year program and /or department expenditures and transfers to other funds, as described below, are expected to exceed the amount budgeted; and WHEREAS, the City Council desires that the fiscal year 2002 -2003 budget appropriation for certain expenditures and transfers be increased; BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: The following adjustments be made to the fiscal year 2002 -2003 budget: Increase the General Fund budaet as follows: Comm Outreach #001 - 105 -35 Professional Services $ 21500 I nformation Tech #001 - 130 -35 Professional Services $ 89000 Planning #001 - 401 -35 Professional Services $ 259000 Building & Safety #001 - 402 -11 Full -time salaries $ 14,000 Increase the Street Maintenance Fund budget as follows: ROW Maintenance #102 - 302 -30 Maintenance $ 24,000 Traffic Signal Maint #102 - 304 -30 Maintenance $ 219500 Increase the Capital Improvement Projects Fund budget as follows: 25t' St Settlement #330 - 930 -35 Professional Services $ 40,000 HawthNal Traf Sig #330 - 930 -82 Improv other than Bldgs $ 339000 Increase the Community Development Block Grant (CDBG) Fund budget as follows: Altamira Cyn Drain #110- 910 -82 I mprov other than Bldgs $ 449183 PASSED, APPROVED, AND ADOPTED THE 18T AY OF BRUARY 2003. M 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. 2003 -11 was duly and regularly passed and adopted by the said City Council at regular meeting thereof held on February 18, 2003. Resolution No. 2003 -11 Page 2 of 2