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CC RES 2001-019 RESOLUTION NO. 2001-19 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, AMENDING RESOLUTION 2000-33, THE BUDGET APPROPRIATION FOR FISCAL YEAR 2000-01, FOR BUDGET ADJUSTMENTS TO THE CITY'S GENERAL FUND, STREET MAINTENANCE (GAS TAX) FUND AND CIP 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, 2000, the City Council of the City of Rancho Palos Verdes adopted Resolution 2000-33, approving a spending plan and authorizing a budget appropriation for the 2000-01 fiscal year: and WHEREAS, certain 2000-01 fiscal year program and/or department expenditures and transfers to other funds, as described below, are expected to exceed the amount budgeted; and WHEREAS, the City Council desires that the fiscal year 2000-01 budget appropriation for expenditures and transfers be increased as follows: General Fund: City Clerk #001-104-74 Insurance $ 80,000 Planning #001-401-71 Meeting/conferences $ 10,000 Street Maintenance (Gas Tax) Fund: Transfer out #102-391.20 Transfer to CIP fund $ 320,273 Capital Improvement Projects Fund: CIP #330-930.82 Impr. Other than Buildings $ 320,273 CIP #330-391.10 Transfer in from Gas Tax fund $ 320,273 BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: The following adjustments be made to the fiscal year 2000-01 General fund budget as follows: General Fund: City Clerk #001-104-74 Insurance $ 80,000 Planning #001-401-71 Meeting/conferences $ 10,000 The following increases be made to the fiscal year 1999-00 Street Maintenance (Gas Tax) fund budget: Street Maintenance (Gas Tax) Fund: Transfer out #102-391.20 Transfer to CIP fund $ 320,273 The following increase be made to the fiscal year 1999-00 CIP fund budget: Capital Improvement Projects Fund: - ---- CIP #330-930.82 Impr. Other than Buildings $ 320,273 CIP #330-391.10 Transfer in from Gas Tax fund $ 320,273 PASSED, APPROVED, AND ADOPTED THE 20TH DAY OF FEBRUARY, 2001. C---7)/ett6 ,-e'---'' M Ai If , ) ) 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. 2001-19 was duly and regularly passed and adopted by the said City Council at regular meeting thereof held on February 20 2001. / A iv (21; I 1 / Li) IN CLERK Resolution 2001-19 Page 2 of 2