CC RES 2003-026RESOLUTION NO. 2003-26
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 AND CAPITAL IMPROVEMENT
PROJECTS 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, given the current state budget crisis, that the fiscal
year 2002 -2003 budget appropriation for certain expenditures and transfers be
decreased;
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:
Emergency Preparedness #001 - 230 -35 Pro/Tech Services $(28,700)
Unidentified Traffic Signal
Capital Improvements #330 - 930 -82 Imp Oth than Bldgs $(108,000)
Capital Improvements #330 - 391 -10 Transfers In $108,000
General fund #001 - 391 -20 Transfers Out $(108,000)
Residential Overlay
Capital Improvements #330 - 930 -82 Imp Oth than Bldgs $(623,000)
Capital Improvements #330 -391 -10 Transfers In $623,000
General fund #001 - 391 -20 Transfers Out $(623,000)
Slurry Seal
Street Maintenance #102 - 930 -82 Imp Oth than Bldgs $(500,000)
Street Maintenance #102- 391 -10 Transfers In $500,000
General fund #001- 391 -20 Transfers Out $(500,000)
PASSED, APPROVED, AND ADOPTED THE 6TH DA
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 -26 was duly and regularly passed and adopted by the said
City Council at regular meeting thereof held on May 6, 2003.
City Clerk
Resolution No. 2003 -26
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