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CC RES 1999-014 RESOLUTION NO. 99-14 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, AMENDING RESOLUTION 98-47, THE BUDGET APPROPRIATION FOR FISCAL YEAR 1998-99, FOR BUDGET ADJUSTMENTS TO THE CITY'S GENERAL FUND, STREET MAINTENANCE (GAS TAX) FUND, LANDSCAPE AND STREET LIGHTING (1972 ACT) 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 3, 1998, the City Council of the City of Rancho Palos Verdes adopted Resolution 98-47, approving a spending plan and authorizing a budget appropriation for the 1998-99 fiscal year: and WHEREAS, certain 1998-99 fiscal year program and/or department expenditures, as described below, are expected to exceed the amount budgeted; and WHEREAS, the City Council desires that the fiscal year 1998-99 budget appropriation be increased as follows: General Fund: City Attorney #001-103-40 Legal services $ 62,000 Building & Safety #001-402-35 Professional/technical $111,180 Parks & Trail Mnt. #001-341-30 Maintenance services $. 12,500 Street Maintenance (Gas Tax) Fund: Gas Tax #102-303-30 Maintenance services $120,000 Transfer in #102-391-10 Transfer in $ 90,000 Landscape and Street Lighting (1972 Act) Fund: Transfer out #103-391-20 Transfer out $ 90,000 Capital Improvement Projects Fund: CIP #330-930-82 Improvements other than Bldgs. $143,000 BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: The following increases be made to the fiscal year 1998-99 General fund budget as follows: General Fund: City Attorney #001-103-40 Legal services $ 62,000 1 Building & Safety #001-402-35 Professional/technical $111,180 Parks & Trail Mnt. #001-341-30 Maintenance services $ 12,500 The following increases be made to the fiscal year 1998-99 Street Maintenance (Gas Tax) fund budget: Street Maintenance (Gas Tax) Fund: Gas Tax #102-303-30 Maintenance services $120,000 Transfer in #102-391-10 Transfer in $ 90,000 The following increase be made to the fiscal year 1998-99 Landscape and Street Lighting (1972 Act) fund budget: Landscape and Street Lighting (1972 Act) Fund: Transfer out #103-391-20 Transfer out $ 90,000 The following increase be made to the fiscal year 1998-99 CIP fund budget: CIP Fund: CIP #330-930-82 Improvements other than Bldgs. $143,000 PASSED, APPROVED, AND ADOPTED THE 16TH DAY OF FEBRUARY, 1999. 'Pe AYO R ATTEST• 1 adp 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. 99-14 was duly and regularly passed and adopted by the said City Council at regular meeting thereof held on February 16, 1999. 0 _ r I C TY CLERK i Resol. No. 99-14 Page 2