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CC RES 1999-020 RESOLUTION NO. 99-20 A RESOLUTION OF THE CITY COUNCIL OF THE CITY RANCHO PALOS VERDES AMENDING RESOLUTION NO. 98- 47, THE BUDGET APPROPRATION FOR FISCAL YEAR 1998- 99, FOR A BUDGET ADJUSTMENT TO THE GENERAL FUND AND GAS TAX FUND WHEREAS, Section 3.32 of the City of Rancho Palos Verdes Municipal Code provides that all expenditures in excess of budgeted allocations must be a supplemental appropriation of the City Council; and WHEREAS, on June 3, 1998, 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 expenses for Professional and Technical Services approved by the City Council will exceed the budget, therefore requiring a budget adjustment. BE IT THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: That the following adjustments be made to the following fund budgets: 1. Increase the Gas Tax Fund budget as follows: 102-302-35 Professional and Technical Services $12,000 2. Decrease General Fund as follows: 001-301-11 Salaries and Wages— Full Time $12,000 PASSED, APPROVED, AND ADOPTED T 20TH DA OF APRIL, 1999. r it/ M-yor A T T: °' \ 10 ' City' lerk Sta e of California ) County of Los Angeles )ss City of Rancho Palos Verdes ) I, JO PURCELL, City Clerk if the City of Rancho Palos Verdes, hereby certify that the above Resolution 99-20 was duly and regularly pass? • and adopted by the said City Council at a regular meeting the of held d April 20, � � �{ 1999. / Ci iv Clerk \\MASTADON\Public Works\DEAN\DATA\TRAFFIC\addauthor.resol.doc