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CC RES 2003-054RESOLUTION NO. 2003 -54 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES AMENDING RESOLUTION NO. 2003 -42, THE BUDGET APPROPRIATION FOR FISCAL YEAR 03 -04, 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 No. 2003 -42, approving a spending plan and authorizing a budget appropriation for the 2003 -2004 fiscal year; and, WHEREAS, in the budget adopted on June 3, 2003, the Student and the Law program is funded as part of the CORE Deputy grant program; and, WHEREAS, on June 4, 2003, Mayor Pro Tern Ferraro requested that the issue of separate funding for the Student and the Law program be agendized for discussion at the June 171 2003 City Council meeting; and, BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: Section 1: Based on the testimony provided at the June 17, 2003 meeting, the City Council finds that in order to continue the Student and the Law program at Peninsula High School during the 2003 -2004 school year, separate funding of the program is required. Section 2: The following increase be made to the fiscal year 2003 -2004 General Fund budget: General Fund: Professional/Technical Services #001 - 214.35 $ 01406 PASSED, APPROVED, and ADOPTED this 1St day of Ju 2 3. Attest: May 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 -54 was duly and regularly passed and adopted by the said City Council at regular meeting thereof held on July 1, 2003. � City Clerk