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CC RES 1998-016 • RESOLUTION NO. 98-16 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES AMENDING RESOLUTION NO. 97-55, THE BUDGET APPROPRIATION FOR FISCAL YEAR 1997-98, 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 17, 1997 the City Council of the City of Rancho Palos Verdes adopted Resolution No. 97-55, approving a spending plan and authorizing a budget appropriation for the 1997-98 fiscal year; and, WHEREAS, certain personnel recruitment costs will cause total fiscal year 1997-98 expenditures in the City Administration - Personnel Program to exceed the amount budgeted; and, WHEREAS, the City Council desires that the fiscal year 1997-98 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 #001-121-510.35 $18,500 PASSED, APPROVED, and ADOPTED this 17th day of March 1998. r ki,,, MAYOR ATTEST: O / 4 i . :Ai. CI .. 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. 98-16 was duly and regularly passed and adopted by the said City Council at regular meeting thereof held on March 17, 1998. 41 1 /of CITY LERK M:\USERS\CAROLYNN\WPWIN60\RESO\DMGCON.BUD Resolution No. 98-16 Page 2 of 2