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CC RES 2002-028 RESOLUTION NO. 2002-28 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES AMENDING RESOLUTION NO. 2001-43, THE BUDGET APPROPRIATION FOR FISCAL YEAR 01-02, 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 6, 2001 the City Council of the City of Rancho Palos Verdes adopted Resolution No. 2001-43, approving a spending plan and authorizing a budget appropriation for the 2001-2002 fiscal year; and, WHEREAS, certain employee benefits costs will cause total fiscal year 2001-2002 expenditures in the Internal Service Fund - Employee Benefits to possibly exceed the amount budgeted; and, WHEREAS, the City Council desires that the fiscal year 2001-2002 budget appropriation be increased to match actual expenses. BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: Section 1: The following increase be made to the fiscal year 1997-98 General Fund budget: General Fund: Professional/Technical Services #785-385.35 $27,000 PASSED, APPROVED, and ADOPTED this 16th day of April 2002. f 0 A 9= ATTEST: /./A .7 _/ C TY 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. 2002-28 was duly and regularly passed and adopted by the said City Council at regular meeting thereof held on April 16, 2002. ag .&: a A CI CLERK Resolution No. 2002-28 Page 2 of 2