CC RES 2003-063RESOLUTION NO. 2003-63
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS
VERDES, AMENDING RESOLUTION 200245, THE BUDGET APPROPRIATION FOR
FISCAL YEAR 2002 -2003, TO INCREASE THE BUDGET FOR THE APPROVED
YEAR END BUDGET ADJUSTMENTS.
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, 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 FY02 -03: and
WHEREAS, certain programs included in the FY02 -03 budget will have expenditures in
excess of the adjusted budget; and
WHEREAS, the City Council desires that the FY02 -03 budget be increased for each of
these programs to assure budgetary compliance.
BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF
RANCHO PALOS VERDES:
The following adjustments be made to the FY02 -03 budget:
Increase the General fund budget as follows:
Building & Safety
#001 - 402 -35
Professional/Technical
$
39,454
View Restoration
#001- 404 -35
Profess ionaI/Technica1
$
24,978
Transfers Out
#001 - 391 -20
Transfer to COPS /LLESS
$
21,221
Increase the Street Maintenance fund budget as follows:
Transfers Out
#102- 391 -20
Transfer to CIP
$
862960
Increase the Proposition
C fund budget
as follows:
Transfers Out
#115- 391 -20
Transfer to Cl P
$
387,845
Increase the Solid Waste fund budget as follows:
Transfers Out #113- 391 -20 Transfer to Equipment Replace $ 52,516
Increase the Bikeways fund budget as follows:
Transfers Out #340 - 391 -20 Transfer to Cl P $ 91483
PASSED, APPROVED, AND ADOPTED THE 19" DAy'O�UGUSTf2003.
Mayo
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 -63 was duly and regularly passed and adopted by the said
City Council at regular meeting thereof held on August 19, 2003.
City Clerk
Resolution No. 2003 -63
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