CC RES 2003-019RESOLUTION NO. 2003-19
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, EQUIPMENT REPLACEMENT FUND, AND BUILDING
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 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, the City Council desires to develop, equip, and produce an Education
Access Channel; and
WHEREAS, Education Access Channel expenditures are expected to exceed fiscal
year 2002 -2003 fiscal year appropriations, as described below; and
WHEREAS, the City Council desires that fiscal year 2002 -2003 budget appropriations
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 budget as follows:
Educ Access Chan #001 - 106 -76 Internal Svc Chgs for New Equip $ 10,000
Increase the Equipment Replacement fund budget as follows:
Computer Equip #781- 382 -86 Electronic /Computer Equip
Equip Replacement #781 - 359 -10 Charges for New Equip
Increase the Building Replacement fund budget as follows:
$ 10,000
$ (10,000)
Studio Bldg Refurb #786- 386 -82 Improv other than Bldgs $ 25,000
PASSED, APPROVED, AND ADOPTED THE
State of California
County of Los Angeles
City of Rancho Palos Verdes
)ss
18TH DA OF ARCH
W ..
Mayor 7
03.
I, JO PURCELL, City Clerk of The City of Rancho Palos Verdes, hereby certify that the
above Resolution No. 2003 -19 was duly and regularly passed and adopted by the said
City Council at regular meeting thereof held on March 18, 2003
City Clerk
Resolution No. 2003 -19
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