CC RES 2002-074 RESOLUTION NO. 2002-74
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS
VERDES, AMENDING RESOLUTION 2001-43, THE BUDGET APPROPRIATION
FOR FISCAL YEAR 2001-2002, 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 5, 2001, the City Council of the City of Rancho Palos Verdes adopted
Resolution 2001-43, approving a spending plan and authorizing a budget appropriation for the 2001-
2002 fiscal year: and
WHEREAS, certain programs included in the fiscal year 2001-2002 budget will have expenditures in
excess of the adjusted budget; and
WHEREAS, the City Council desires that the fiscal year 2001-2002 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 fiscal year 2001-2002 budget:
Increase the General Fund budget as follows:
City Manager #001-102-72 Memberships & Dues $ 3,000
Emergency Prep #001-230-11 Full-time Salaries $ 9,820
View Restoration #001-404-35 Professional/technical $ 59,000
Recreation & Parks #001-510-35 Professional/technical $ 11,000
Increase the Gas Tax Fund budget as follows:
Traffic Signal Maint #102-304-20 Light & Power $ 11,000
Increase the Equipment Replacement Fund budget as follows:
Other Financing Use #781-395-20 Loss on Asset Disposal $ 191,000
PASSED, APPROVED, AND ADOPTED THE 3RD DAY OF SEPTEMBER 20
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Attest: a •
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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. 2002-74 was duly and regularly passed and adopted by the said City Council at
regular meeting thereof held on September 3, 2002.
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City Clerk