CC RES 2002-102 RESOLUTION NO. 2002-102
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES,
AMENDING RESOLUTION 2002-45, THE BUDGET APPROPRIATION FOR FISCAL YEAR
2002-03, FOR A BUDGET ADJUSTMENT TO THE CITY'S QUIMBY AND SOLID WASTE
FUNDS
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-
03 fiscal year; and
WHEREAS, it is necessary for the City to allocate additional funds for the purchase and installation of
playground equipment and to construct other site improvements; and
WHEREAS, a budget increase in the Quimby Fund is necessary to authorize the expenditure of
additional funds for improvements other than buildings;
WHEREAS, a budget increase is the Solid Waste Fund is necessary to transfer funds to the Quimby
Fund;
BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS
VERDES:
The following adjustment be made to the Quimby and Solid Waste Funds:
Quimby Fund 334-364.10 Grant Income $50,000
Quimby Fund 334-934.82 Improvements Other Than Bldg. $50,000
Solid Waste Fund 113-391.20 Transfer Out $59,700
Quimby Fund 334-391.10 Transfer In $59,700
Quimby Fund 334-934.82 Improvements Other Than Bldg. $59,700
CIP Fund 330-391.10 Transfer In ($47,630)
CIP Fund 330-930.82 Improvements Other Than Bldg. ($47,630)
Quimby Fund 334-391.10 Transfer In $47,630
Quimby Fund 334-934.82 Improvements Other Than Bldg. $47,630
PASSED, APPROVED, AND ADOPTED THE 3rd DAY OF Decembe 002
Attest: Lid Mayor
74,
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. 2002-102 was duly and regularly passed and adopted by the said City Council at
regular meeting thereof held on December 3, 2002.
?-4) City Clerk