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CC RES 2000-055RESOLUTION NO. 2000 -55 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, AMENDING RESOLUTION 99 -41, THE BUDGET APPROPRIATION FOR FISCAL YEAR 1999 -00, TO INCREASE THE BUDGET FOR THE APPROVED YEAR END BUDGET ADJUSTMENTS NHEREAS, 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 1, 1999, the City Council of the City of Rancho Palos Verdes adopted Resolution 99 -41, approving a spending plan and authorizing a budget appropriation for the 1999 -00 fiscal year: and WHEREAS, certain programs included in the fiscal year 1999 -00 budget will have expenditures in excess of the adjusted budget; and WHEREAS, the City Council desires that the fiscal year 1999 -00 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 ERDES: he following adjustments be made to the fiscal year 1999 -00 budget: Increase the Capital Improvement Projects Fund budget as follows: CIP #330 - 391 -20 Transfers Out $ 65,400 CIP #330 - 930 -82 Improvements other than Bldgs. $ 504,000 Increase the Measure A/Parks Fund budget as follows: Measure A #339 - 939 -82 Improvements other than Bldg $ 65,400 Measure A #339 - 391 -10 Transfers In $ 65,400 PASSED, APPROVED, AND ADOPTED THE 5TH DAY OF SEPTEMBER, 2000. State of California ) County of Los Angeles )ss City of Rancho Palos Verdes ) 1, JO PURCELL, City Clerk of The City of Rancho Palos Verdes, hereby certify that the above Resolution No. 2000 -55 was duly and regularly passed and adopted by the said City Council at regular meeting thereof held on September 5, 2000. Resolution No. 2000 -55 Page 2 of 2